On the eve of our Covid jag, we reviewed #Astrazeneca in February, speculating on a bottom of 6,776p, something the share price achieved and crucially, did not close a session below. Now, as we count down the hours until our 2nd injection, it’s worth taking another glance at this share, the price starting to show some interesting potentials. The bigger question the folks at Astrazeneca must be asking themselves is why they bothered?

From personal experience, we’ve no idea whether their vaccine works as the absence of infection in no way tells if there has been any exposure. Here in the sticks of Scotland, doubtless not but a few positive features of the experience are noteworthy. There were no side effects experienced, quite the converse. The writer has “enjoyed” chemotherapy twice in the last 2 years, thanks to incurable (non-fatal if treated) leukaemia. As a result, constant monitoring of the immune system kept showing a few tiny little problems which proved rather frightening. Following the initial Astrazeneca injection, there was a vivid improvement in the immune system, along with a (thankfully) sharp increase in the bodies platelet counts, meaning shaving no longer was a battle of thousands of cuts. In addition, quite apt at this time of year, white bedding no longer looking like it was doing a ‘Turin Shroud’ impersonation every morning. Such was the change in blood test results, the vampires at the hospital insisted on tests every fortnight since the Astrazeneca vaccine was administered, finally conceding grudgingly they didn’t want to see me for a few months.

 

However, Astrazeneca must sometimes with they’d never toyed with the idea of doing something good.

The company appear to be used as a political football by various governments, surely straining the patience of senior management quite unfairly. Most of them will be in their positions to “do business, not do politics” and any research behind headline scare stories has tended to reveal the biggest issues with their vaccine came from politicians bending in the wind as they attempt to portray themselves as competent, something the pandemic has tended illuminate was deadly clarity. The word ‘Politician’ should not be used in the same sentence as ‘Competent’, certainly as far as most world leaders are concerned.

 

However, last time around we’d a suspicion AZN’s price was about to experience some reversals but this time, we’re no longer comfortable this is the case. This week has seen the share price exceed the Blue downtrend since July 2020, giving considerable hope some gains may finally be coming. Near term, above 7,408 looks capable of triggering slight gains to an initial 7,662p. If bettered, our longer term secondary calculates at 8,150p. At such a level, our software demands the price actually close above 8,150p to give a “Game Changing” impression, dumping the share in territory where there’s a reasonable expectation a long term cycle target of 10,800p and a new all time high is possible.

For everything to go horribly wrong, the share price needs trade below 6,700p, risking commencing a drop cycle toward 5,439p.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:45:33PM	BRENT	64.12
9:47:46PM	GOLD	1684									Success
9:51:18PM	FTSE	6772.88	6728	6697.5	6666	6759	6791	6812	6840	6761	‘cess
9:55:57PM	FRANCE	6089									Success
9:59:20PM	GERMANY	14985									Success
10:08:59PM	US500	3959.12	3943	3934.5	3919	3967	3974	3982	3995	3947
10:11:18PM	DOW	33065.2
10:11:36PM	NASDAQ	12905	Nothing	New	To	Say	So	Will	Say	Nothing
10:13:14PM	JAPAN	29315	29267	29186	29073	29418	29525	29573.5	29665	29370

 

 

30/03/2021 FTSE Closed at 6772 points. Change of 0.53%. Total value traded through LSE was: £ 5,037,784,451 a change of -0.62%

29/03/2021 FTSE Closed at 6736 points. Change of -0.06%. Total value traded through LSE was: £ 5,069,344,780 a change of -13.54%

26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%

25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%

24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%

23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

 

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BLVN Bowleven** **LSE:FRES Fresnillo** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:POLY Polymetal** **LSE:STAN Standard Chartered** **LSE:ZOL Zoldav** **

********

Updated charts published on : Aviva, Barclays, Bowleven, Fresnillo, Kaz Minerals, Lloyds Grp., Polymetal, Standard Chartered, Zoldav,

LSE:AV.LSE:AV. Aviva. Close Mid-Price: 412.2 Percentage Change: + 2.72% Day High: 413.3 Day Low: 404

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LSE:BARCLSE:BARC Barclays. Close Mid-Price: 189.14 Percentage Change: + 4.86% Day High: 190 Day Low: 182.4

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LSE:BLVN Bowleven Close Mid-Price: 4.75 Percentage Change: -17.39% Day High: 5.25 Day Low: 3.5

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LSE:FRES Fresnillo Close Mid-Price: 857.4 Percentage Change: -4.05% Day High: 898 Day Low: 853.4

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LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 866.4 Percentage Change: + 0.16% Day High: 868.6 Day Low: 864.2

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LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 43.1 Percentage Change: + 2.47% Day High: 43.16 Day Low: 42.45

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LSE:POLY Polymetal Close Mid-Price: 1389.5 Percentage Change: -1.73% Day High: 1429 Day Low: 1382

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LSE:STANLSE:STAN Standard Chartered. Close Mid-Price: 513.6 Percentage Change: + 2.31% Day High: 514 Day Low: 503.4

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LSE:ZOL Zoldav Close Mid-Price: 29 Percentage Change: -1.69% Day High: 29 Day Low: 28.5

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*** End of “Updated Today” comments on shares.

#GoldFutures #DowFutures We reviewed Novacyt over a year ago, before Covid-19 was known to be the thing it is. On the chart, we’d given a potential high of 299p, not for a moment expecting it’d be true and ultimately utterly eclipsed during the ensuing year. It’s probably safe to say their testing kits are proving game changing for the company (and investor) fortunes as the price entered Buzz Lightyear territory (Infinity and Beyond!) when it achieved 1260p last October.

The months since the high have seen the price ‘hesitate’, literally halving in value and scaring the pants off investors. Despite the share recovering to almost the level of the previous high, we’re a little cautious as the price both failed to close above the highest closing price (1190p vs 1194p) nor did it trade above its prior highest intraday price (1206p vs 1260p). Neither of these statistics give confidence, both movements failing to achieve the desired “Higher Highs” so loved by analysts. From our own perspective, there was a 3rd issue as we calculated the potential of 1236p as a high for January this year. Instead, the share price only achieved 1206p, then dropped like a cliche.

 

As we’re able to prove three points of weakness, we feel it wisest to examine scenario capable of provoking reversals. Below 630p looks the most obvious early warning and with the price trading around 682p at time of writing, the share does not need work hard to cause alarm. Trading below 630p looks capable of triggering reversals to an initial 420p with secondary, if broken, at an ultimate bottom of 194p. To be honest, we do not trust these numbers for several reasons.

Firstly, the plethora of “If you want in, you’re getting a test” situations shouldn’t surprise and it’s unlikely this situation shall ease. We suspect quite the converse shall prove true. In addition, last January Novacyt reports a 20 fold increase in revenue in what was described as a transformational year. Neither statement exactly screams caution for share price movements against one of the leading companies providing testing kits.

 

When we review their share price movements since the start of February, it looks clear the company need only trade above 830p to again become interesting. In such a scenario, we’re calculating the potential of recovery to an initial 967p with secondary, if bettered, at a fairly noncommittal 1158p. Our secondary comes with an important caveat. Should such a rise be powered by positive news flow for the company, the share could easily accelerate to 1527p.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:52:56PM	BRENT	65.17									Success
10:56:24PM	GOLD	1712.47	1705	1699.5	1681	1725	1726	1733	1742	1721	Success
10:58:30PM	FTSE	6773
11:00:28PM	FRANCE	6031
11:03:04PM	GERMANY	14879
11:05:11PM	US500	3976.22
11:07:04PM	DOW	33210	32864	32715.5	32534	32988	33261	33291	33352	33080
11:08:30PM	NASDAQ	12988
11:10:43PM	JAPAN	29361

29/03/2021 FTSE Closed at 6736 points. Change of -0.06%. Total value traded through LSE was: £ 5,069,344,780 a change of -13.54%

26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%

25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%

24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%

23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:DDDD 4D Pharma** **LSE:FOXT Foxtons** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:PPC President Energy** **LSE:SPX Spirax** **LSE:ZOL Zoldav** **

********

Updated charts published on : BALFOUR BEATTY, 4D Pharma, Foxtons, IQE, Lloyds Grp., President Energy, Spirax, Zoldav,

LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 301.2 Percentage Change: + 0.07% Day High: 305 Day Low: 298.4

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LSE:DDDD 4D Pharma Close Mid-Price: 110.5 Percentage Change: -3.49% Day High: 115 Day Low: 108.5

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LSE:FOXTLSE:FOXT Foxtons. Close Mid-Price: 62 Percentage Change: + 1.64% Day High: 62.6 Day Low: 58.8

Even below 57 would now cause alarm, calculating with weakness to an initi ……..

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LSE:IQELSE:IQE IQE. Close Mid-Price: 61.4 Percentage Change: + 8.77% Day High: 62.45 Day Low: 54.75

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LSE:LLOY Lloyds Grp. Close Mid-Price: 42.06 Percentage Change: -0.46% Day High: 42.47 Day Low: 41.76

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LSE:PPC President Energy Close Mid-Price: 2 Percentage Change: -2.44% Day High: 2.05 Day Low: 1.98

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LSE:SPX Spirax Close Mid-Price: 11410 Percentage Change: -0.78% Day High: 11605 Day Low: 11325

This has effectively fallen asleep for the last few months, failing to sho ……..

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LSE:ZOL Zoldav Close Mid-Price: 29.5 Percentage Change: -4.84% Day High: 31 Day Low: 29.5

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*** End of “Updated Today” comments on shares.

#BrentCrude #DAX_Futures With tonight’s Top Gear filmed, almost literally on our doorstep here in Argyll, editing of the program provided a reminder of a finished product rarely reflecting reality. For instance, the runway scenes at Oban Airport, seamlessly skipping to the lighthouse & lightbulb saga, concealed something quite funny. Typically, to get from that airport to that lighthouse involves a pretty hard 3+ hour drive, doubtless an unpleasant surprise for whoever planned the episode. When mixed with only 7 hours of daylight when filmed, it’s certain there were some major challenges behind the scenes.

The announcement by GSK on Friday, seeking emergency authorization in the US for their new Covid antibody drug, served to remind just because GSK have been fairly absent from the raft of drug companies promising miracle cures, behind the scenes they’ve obviously been pretty busy. It’s interesting their “antibody” solution is the same class of treatment used last year to treat US President Trump and few folk will ever forget his fast, almost suspiciously fast, recovery from Covid-19.

We’re curious as to whether GSK share price shall experience a pandemic surge?

 

The recent fall to 1190p was quite curious, achieving a bottom with arithmetic precision according to our favourite logic. The subsequent rebound has taken a fascinating path, now suggesting share price growth above 1312p (trading around 1297 at time of writing) should promote price recovery toward an initial 1384p. Visually this implies a looming challenge against the downtrend since 2020 but in the event the price manages exceed 1384p, things calculate with some fairly strong numbers. Our “longer term” secondary works out at 1524p, solidly confirming a break above the Blue downtrend. In this instance, we can regard 1743p as exerting a long term lure for some proper share price growth.

 

For things to go wrong, the price needs slip below 1190p as we can calculate a path commencing toward a future bottom of 979p eventually. Visually, it looks unlikely.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
4:21:06AM	BRENT	64.31	62.5	61.775	60.79	63.67	64.77	65.415	66.52	63	Success
7:24:26PM	GOLD	1732.97
7:27:35PM	FTSE	6769									Success
7:31:44PM	FRANCE	6018.8									‘cess
4:22:24PM	GERMANY	14844	14672	14610	14528	14772	14856	14916.5	14988	14720	Success
4:26:32PM	US500	3972.37									Success
4:29:46PM	DOW	33070									Success
4:47:20PM	NASDAQ	12975
4:51:45PM	JAPAN	29600									Success

 

26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%

25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%

24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%

23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%

18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BDEV Barrett Devs** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:POLY Polymetal** **LSE:SRP Serco** **

********

Updated charts published on : Aviva, Barrett Devs, IQE, ITV, Kaz Minerals, Oxford Instruments, Parkmead, Polymetal, Serco,

LSE:AV.LSE:AV. Aviva. Close Mid-Price: 401.2 Percentage Change: + 0.30% Day High: 408.7 Day Low: 400

Target met. In the event of Aviva enjoying further trades beyond 408.7, t ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 770.6 Percentage Change: -1.15% Day High: 787.4 Day Low: 766

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LSE:IQE IQE Close Mid-Price: 56.45 Percentage Change: -8.36% Day High: 62.45 Day Low: 55.35

Target met. Continued weakness against IQE taking the price below 55.35 c ……..

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LSE:ITVLSE:ITV ITV. Close Mid-Price: 127.55 Percentage Change: + 1.51% Day High: 128.5 Day Low: 125.95

Further movement against ITV ABOVE 128.5 should improve acceleration towa ……..

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LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 864.6 Percentage Change: + 2.93% Day High: 866.2 Day Low: 861.2

Target met. Further movement against Kaz Minerals ABOVE 866.2 should impr ……..

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LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 2000 Percentage Change: + 11.61% Day High: 2095 Day Low: 1936

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LSE:PMGLSE:PMG Parkmead. Close Mid-Price: 37 Percentage Change: + 3.50% Day High: 35 Day Low: 35

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LSE:POLY Polymetal Close Mid-Price: 1411 Percentage Change: -1.02% Day High: 1432 Day Low: 1399

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LSE:SRPLSE:SRP Serco. Close Mid-Price: 140.2 Percentage Change: + 0.94% Day High: 140.8 Day Low: 136.3

Now above 143 should make recovery toward an initial 154 very possible. Ou ……..

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*** End of “Updated Today” comments on shares.

#FTSE #DOW Lockdown, for many folk, gave the opportunity to finally get around to doing something, a project, painting, repairs. As someone already working from home and generally on top of domestic chores, restriction on movement gave the chance to try out some new ideas. As folk who indulge in Archery know, drawing the bow on the same target gets boring and it never hurts to become creative, especially once the possibility of marking the target with dartboard scores is proven as a stupid idea.

Lucky enough to have a natural half amphitheatre at the top of the garden, a long planned ‘good idea’ came to fruition, when replacing the tyre valves on the tractor… This somewhat dodgy excuse for maintenance ensured 4 tubeless tyre valves were available, these immediately repurposed and fitted into the lids of 4 Lucozade bottles. With the aid of some glue, each bottle was pumped full of air to just about 50psi, the point at which the plastic felt rock solid.

The bottles were dangled on string, gently swaying in the breeze while aim was taken from 35 yards away, safe in the knowledge a ‘miss’ would still embed itself in a wooden backdrop.

It’s possible I now know what a sonic boom sounds like, when standing beside whatever caused it. The echo bounced up the valley and of the 4 targets, nothing remained except bottle lids dangling on string. A single arrow triggered them all. Walking down the driveway, distant neighbours were outside, scanning the sky and I’m sure many were also thinking of the secret nuclear weapons facility just a few miles away. When there was no repeat of the sound, no sirens, no telltale mushroom clouds, folk invariably drifted indoors. My wife has confiscated the longbow and is communicating with furious grunts.

This was something not to try at home, not very dangerous, not messy, just shockingly loud. The arrow itself was unmarked, safely embedded in the wooden background.

 

This tale, of course, brings us to the FTSE. What the heck is needed to make the index go with a bang?

Once again, we’re showing a chart which highlights the FTSE 100’s performance when compared with other important indicators. We’ve even thrown in Brazil to the mix, just for some exotic flavour. As can be seen, other nations are challenging their market highs before the pandemic struck, many quite happily exceeding it. The UK, unfortunately, remains steadily on course to nowhere and desperately needs something to make the market go with a bang. When news of a container ship gumming up Suez broke, we made an automatic assumption it would be a British vessel, doubtless caused by a mindset of constantly wondering what else can go wrong with our country.

We’ve been hoping the FTSE would start some recovery and the market has steadfastly avoid it. Oddly though, for the last few weeks we’ve been calculating the potential of reversal to around 6,600 points and this has been noticeable by its absence (so far). Perhaps some strength is lurking in the darkness?

Anything now above 6815 will convince us ‘something’ is happening, allowing a cycle to start toward 7050 points. While such an ambition is nowhere near the pre-pandemic highs of 7,500+, visually it should prove game changing for the longer term. As a result, we need occupy our time looking for reasons for the FTSE to better 6815 points.

FTSE for FRIDAY Near term, above 6693 calculates with the potential of movement up to an initial 6719 points. If exceeded, our secondary calculates at 6784 points with a surprisingly confident possibility. The secondary will prove, we suspect, quite a big deal, breaking from of the malaise which has marked the last week and placing London in a fairly useful position to commence further recovery toward 6843 points. If triggered, the tightest stop looks generous to the point of unlikely, at 6643 points.

Obviously, this will be comfortably above our trigger level above but as usual, we shall only be happy if the FTSE actually closes a session above 6815 points.

Alternately, below 6643 risks trouble, working out with the risk of reversal to an initial 6623 with secondary, if broken, at 6584 and hopefully a rebound, signalling the market remains trapped in a tight channel.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:00:19PM	BRENT	61.73	60.8	60.475	Subscribe	62	62.55	63.48		61.8
11:02:57PM	GOLD	1728.17	1721	1714.5		1732	1732	1737.5		1725	‘cess
11:06:05PM	FTSE	6706	6637	6610.5		6687	6712	6744.25		6672	Success
11:08:22PM	FRANCE	5985.5	5941	5932		5967	5985	6006		5950	Shambles
11:11:09PM	GERMANY	14693	14584	14565		14650	14698	14722		14594	Success
11:13:20PM	US500	3917	3878	3852		3907	3920	3932.5		3880	‘cess
11:17:57PM	DOW	32674	32283	32099.5		32360	32690	32761.5		32500	Success
11:20:19PM	NASDAQ	12813	12763	12625		12862	12872	12983.5		12763	‘cess
11:27:28PM	JAPAN	29088	28590	28435.5		29815	29088	29130		28850

25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%

24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%

23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%

18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%

17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:AV. Aviva** **LSE:CBX Cellular Goods** **LSE:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:NG. National Glug** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:POG Petrop etc** **LSE:PPC President Energy** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aviva, Cellular Goods, Glencore Xstra, Igas Energy, IQE, ITM Power, National Glug, Omega Diags, Oxford Instruments, Petrop etc, President Energy, Zoo Digital,

LSE:AV.LSE:AV. Aviva. Close Mid-Price: 400 Percentage Change: + 0.38% Day High: 402.4 Day Low: 395

Continued trades against AV. with a mid-price ABOVE 402.4 should improve ……..

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LSE:CBX Cellular Goods Close Mid-Price: 9.25 Percentage Change: -5.14% Day High: 9.65 Day Low: 9.05

If Cellular Goods experiences continued weakness below 9.05, it will inva ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 268.85 Percentage Change: -3.34% Day High: 274.95 Day Low: 263.5

Target met. Weakness on Glencore Xstra below 263.5 will invariably lead t ……..

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LSE:IGAS Igas Energy Close Mid-Price: 25.8 Percentage Change: -3.55% Day High: 27.5 Day Low: 25

Continued weakness against IGAS taking the price below 25 calculates as l ……..

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LSE:IQE IQE Close Mid-Price: 61.6 Percentage Change: -15.15% Day High: 73.25 Day Low: 60.25

Target met. In the event IQE experiences weakness below 60.25 it calculat ……..

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LSE:ITM ITM Power Close Mid-Price: 398 Percentage Change: -1.36% Day High: 406 Day Low: 380

If ITM Power experiences continued weakness below 380, it will invariably ……..

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LSE:NG.LSE:NG. National Glug. Close Mid-Price: 873 Percentage Change: + 1.25% Day High: 876.8 Day Low: 861.8

There’s a slightly interesting near term potential making itself known. Ne ……..

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LSE:ODX Omega Diags Close Mid-Price: 79 Percentage Change: -7.60% Day High: 85.5 Day Low: 78

This has become a little wonky as weakness continuing below 78 looks like ……..

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LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 1792 Percentage Change: + 2.52% Day High: 1810 Day Low: 1714

Weakness on Oxford Instruments below 1714 will invariably lead to 1530 wi ……..

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LSE:POG Petrop etc Close Mid-Price: 24.05 Percentage Change: -1.64% Day High: 24.8 Day Low: 23.95

Weakness on Petrop etc below 23.95 will invariably lead to 20 with second ……..

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LSE:PPC President Energy Close Mid-Price: 2 Percentage Change: -4.76% Day High: 2.1 Day Low: 2

This is on the verge of enjoying an ‘oops’ moment as weakness continuing b ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 105.5 Percentage Change: -0.94% Day High: 107 Day Low: 105.5

Now above just 119 is all that’s required to allegedly trigger movement to ……..

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*** End of “Updated Today” comments on shares.

#DAX #SP500 Strange things can happen. For instance, every time the price of crude oil starts falling, ‘something’ happens. Whether it’s an explosion at an oil refinery or a cargo ship blocking the main canal for oil tankers, crude oil prices will suddenly recovery in panic. Equally, if there ever were a company whose time has come, Open Orphan appear to be it. Founded long before the pandemic hit, this company offer a unique testing facility – their ‘FluCamp’ holiday hotel where volunteers can be “safely” infected/monitored/results noted in drug tests. Additionally, the company offer management of clinical trials for new drugs, covering every stage of the (usually) long and convoluted process. Another arm of the company are involved in developing flu vaccines.

As for the origins of the company name, we couldn’t find an explanatory anecdote on their website and couldn’t be bothered asking. In the grand scheme of things, it’s not important anyway but we suspect share price movements shall be. After all, with the pandemic and the reality Covid-19 is here to stay for the foreseeable future, a company capable of building a road through every stage of testing and development should be in demand as it’s unlikely the offerings from AstraZeneca, Pfizer, Moderna, etc shall be the final product. The virus will continue to mutate, hopefully to finally become less nasty. After all, a virus which kills its host probably has not selected the wisest long term life cycle!

 

Presently trading around the 32p mark, ORPH are proving fairly encouraging for the longer term. By recently closing above the 29p, the share price ticked a fairly major box from our perspective, price influences regarded as moving from Near Term to Big Picture. From our convoluted perspective, this is quite a big deal and gives hope for the future. Growth next exceeding 33p calculates with the potential of reaching an initial 41p. If exceeded, our longer term secondary works out at 56p with our conventional rules indicating some hesitation should be anticipated.

For the brave, it’s worth remembering both these ambitions represent all time highs for the share price. While we cannot currently calculate above 56p, there’s no rule against it. Circled on the chart, a series of strange share price movements during October last year. With a series of very determined nudges, the market indicated it wants this share price higher.

 

For everything to go pear shaped, the price needs slip below Blue on the chart, currently around 22p.

 

.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:58:29PM	BRENT	64.07									‘cess
9:00:31PM	GOLD	1734.4									‘cess
9:46:30PM	FTSE	6693.97
9:54:03PM	FRANCE	5921									‘cess
9:56:17PM	GERMANY	14549.51	14518	14492.5	14450	14584	14619	14662	14710	14559	Success
9:57:45PM	US500	3892.62	3887	3872	3844	3918	3942	3965	3991	3904	‘cess
10:00:02PM	DOW	32460									‘cess
10:02:21PM	NASDAQ	12823									Success
10:05:57PM	JAPAN	28480									Success

24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%

23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%

18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%

17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%

16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%

 

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BPC Bahamas Pet** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:ITM ITM Power** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:OXIG Oxford Instruments** **LSE:VOG VICTORIA** **

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Updated charts published on : BALFOUR BEATTY, Block Energy PLC, Bahamas Pet, Caspian, Cellular Goods, Centamin, Diageo, ITM Power, Kaz Minerals, Lloyds Grp., Oxford Instruments, VICTORIA,

LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 303.2 Percentage Change: + 1.34% Day High: 303.8 Day Low: 292

All BALFOUR BEATTY needs are mid-price trades ABOVE 303.8 to improve acce ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 2.8 Percentage Change: -2.10% Day High: 2.85 Day Low: 2.6

In the event Block Energy PLC experiences weakness below 2.6 it calculate ……..

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LSE:BPC Bahamas Pet Close Mid-Price: 0.48 Percentage Change: -4.38% Day High: 0.48 Day Low: 0.42

If Bahamas Pet experiences continued weakness below 0.42, it will invaria ……..

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LSE:CASPLSE:CASP Caspian. Close Mid-Price: 2.4 Percentage Change: + 6.67% Day High: 2.4 Day Low: 2.25

Outlook completely unchanged: In the event Caspian experiences weakness be ……..

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LSE:CBX Cellular Goods Close Mid-Price: 9.75 Percentage Change: -2.50% Day High: 9.9 Day Low: 9.6

Weakness on Cellular Goods below 9.6 will invariably lead to 8.5 with sec ……..

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LSE:CEYLSE:CEY Centamin. Close Mid-Price: 105.95 Percentage Change: + 3.82% Day High: 106.8 Day Low: 101.7

Now above 109 threatens to become useful, allowing for an initial 115 with ……..

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LSE:DGELSE:DGE Diageo. Close Mid-Price: 3008.5 Percentage Change: + 0.05% Day High: 3021.5 Day Low: 2976

This has effectively stopped moving with the result our outlook remains id ……..

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LSE:ITM ITM Power Close Mid-Price: 403.5 Percentage Change: -4.16% Day High: 421 Day Low: 399.5

Continued weakness against ITM taking the price below 399.5 calculates as ……..

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LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 854.6 Percentage Change: + 3.46% Day High: 854.4 Day Low: 825

Slightly interesting, above 855 should now promote movement to an initial ……..

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LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 42.23 Percentage Change: + 2.16% Day High: 42.3 Day Low: 40.77

Further movement against Lloyds Grp. ABOVE 42.3 should improve accelerati ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1748 Percentage Change: -0.34% Day High: 1780 Day Low: 1746

Below 1720 risks becoming an issue, allowing weakness toward an initial 15 ……..

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LSE:VOGLSE:VOG VICTORIA. Close Mid-Price: 4.25 Percentage Change: + 0.00% Day High: 4.25 Day Low: 4.17

No point in reading this as the only thing changed has been an updated cha ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:MRW Morrisons** **LSE:NG. National Glug** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TAN Tanfield** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VEC Vectura** **LSE:VOD Vodafone** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

#FTSE #CAC40 It’s difficult not to retain fondness for the original IBM PC. It was solid, reliable, and the only things which went wrong invariably were not labelled IBM. After a few years, the 2nd generation IBM PC’s came along, the AT models, and these provided a whole new batch of memories. Specifically, their keyboards. An IBM AT keyboard was a work of art, capable of withstanding hot coffee, red wine, sugary drinks. They were solid and when office computers were upgraded, astonishing numbers of folk retained their original IBM AT keyboard as it would work with the newer, faster,  ‘IBM Compatible’ PC clone.

In the years since a puppy chewed through my own original IBM keyboard cable, I’ve probably bought dozens of keyboards in an attempt to find the quality and feel of that original design masterpiece. For a while, it even appeared Microsoft were attempting to take the keyboard crown with their ergonomic keyboards. Alas, after a year, it became clear why there is an entire industry selling stick-on keyboard letters on eBay. Presumably factories in China have yet to re-discover a method of ensuring letters and numbers don’t fade away.

 

Since 2013, IBM’s share price has followed a pretty vile trajectory, the share price halving and thanks to Covid-19, even discovering a logical bottom at $95. We would have hoped for a solid bounce from this bottom level, a feature of price movements which has been noticeably absent for the last 12 months. The good news, we can now identify a trigger level, once which looks capable of returning the warm fuzzy feeling a proper IBM keyboard used to give.

Presently trading around $131, the share price need only CLOSE a session above $136 to give a surprising level of hope for the future. A price gain such as this should trigger the potential for recovery toward an initial $157 with secondary, if exceeded, calculating at $168. In fact, if positive news flow is involved, any gains could easily find their way toward 182 dollars and a level at which we’d anticipate some hesitation. A glance at the chart below confirms this suspicion, given the level of the high at the start of 2017.

To work on trends and targets above $182, we shall require give the tea leaves a stir sometime in the future.

 

For IBM to give similar levels of dismay as a modern keyboard, the share price needs slide below $105. In such a scenario, the reversal prospects become truly horrendous as the share price risks entering a cycle toward 29 US dollars eventually.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:54:58PM	BRENT	60.49									Success
9:57:12PM	GOLD	1727.12
9:59:09PM	FTSE	6671.77	6655	6640	6609	6710	6719	6737.5	6765	6655
10:17:41PM	FRANCE	5919.2	5912	5898	5875	5936	5967	5978	6000	5933	‘cess
10:20:01PM	GERMANY	14610									‘cess
10:21:23PM	US500	3912.32
10:23:19PM	DOW	32448									‘cess
10:25:17PM	NASDAQ	13051
10:28:54PM	JAPAN	28790									Success

 

23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%

18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%

17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%

16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%

15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:CBX Cellular Goods** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:POG Petrop etc** **

********

Updated charts published on : Asos, Barrett Devs, Bowleven, Cellular Goods, MAN, Glencore Xstra, Petrop etc,

LSE:ASCLSE:ASC Asos. Close Mid-Price: 5918 Percentage Change: + 2.89% Day High: 5982 Day Low: 5656

All Asos needs are mid-price trades ABOVE 5982 to improve acceleration to ……..

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LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 778 Percentage Change: + 1.91% Day High: 781.8 Day Low: 758

Target met. Further movement against Barrett Devs ABOVE 781.8 should impr ……..

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LSE:BLVN Bowleven Close Mid-Price: 5.7 Percentage Change: -5.00% Day High: 5.85 Day Low: 5.5

Weakness on Bowleven below 5.5 will invariably lead to 4.5 next with seco ……..

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LSE:CBX Cellular Goods Close Mid-Price: 10 Percentage Change: -5.66% Day High: 10.5 Day Low: 9.88

Continued weakness against CBX taking the price below 9.88 calculates as ……..

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LSE:EMG MAN Close Mid-Price: 162.15 Percentage Change: -0.31% Day High: 165 Day Low: 161.25

In the event of MAN enjoying further trades beyond 165, the share should ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 272 Percentage Change: -2.67% Day High: 279.8 Day Low: 271.25

In the event Glencore Xstra experiences weakness below 271.25 it calculat ……..

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LSE:POG Petrop etc Close Mid-Price: 24.8 Percentage Change: -1.78% Day High: 25.6 Day Low: 24.7

Continued weakness against POG taking the price below 24.7 calculates as ……..

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*** End of “Updated Today” comments on shares.

#Gold #Nasdaq The last year has not been kind to drug pusher, Faron. The Finnish cancer drug specialist has seen their price oscillate between 520p and 220p since our previous report but astonishingly, the share has remained firmly trapped between two trends, despite this bandwidth of movement. We’re a little bit encouraged by a single “blip” in price moves in January of this year (circled) as this might actually mean something.

Often, when we witness this sort of thing, usually it’s an uptrend momentarily broken, we prefer regard it as an early warning signal, one telling us ‘The Trend Can Break – Caution Advised’. Roughly 2/3rd of the time, this caution proves justified. The converse, thankfully, can prove true, when a downtrend experiences a momentary break. In the case of Faron, the Blue downtrend line was confirmed yet again and may perhaps merit some close examination in the weeks ahead.

 

The current price movement prospects look fairly interesting. Presently trading around 345p, the share need only exceed 365p as recovery toward an initial 391p calculates as possible. If exceeded, our longer term (or the next day!) secondary works out at 420p, along with yet another challenge of the Blue downtrend. Importantly though, if such a movement is being propelled by positive sentiment, the share price could easily continue upward to a surprising 470p.

Obviously such an ambition gives the share price a chance to actually close above the major Blue downtrend. Despite historical hesitation around the 470p level, we quite strongly suspect this scenario shall prove game changing for the longer term. To cut a long story short, above 470p gives an amazing calculation which points to 670p eventually!

 

For everything to go wrong, Faron Pharma needs fall below 310p to justify raised eyebrows as this threatens reversal to an initial 256p with secondary, if broken, a frightening 186p. It’s important to mention we cannot calculate any targets below the 186p, always a scary sentence to write. However, despite the companies shambolic price drop in 2018, the share has always avoided hitting major drop targets, making us conclude there is embedded strength in the company.

 

This is one we feel worth keeping an eye on.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:52:06PM	BRENT	64.25
9:53:54PM	GOLD	1739.28	1727	1720.5	1713	1737	1743	1747.5	1754	1730
9:55:56PM	FTSE	6715.5									‘cess
9:58:07PM	FRANCE	5962									Success
10:02:18PM	GERMANY	14659									‘cess
10:04:54PM	US500	3943.02									‘cess
10:07:33PM	DOW	32771
10:09:45PM	NASDAQ	13091	12880	12814	12692	12992	13180	13258.5	13446	13003	Success
10:11:47PM	JAPAN	29260									‘cess

 

 

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%

18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%

17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%

16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%

15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%

12/03/2021 FTSE Closed at 6761 points. Change of 0.37%. Total value traded through LSE was: £ 5,418,064,712 a change of -9.29%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:GLEN Glencore Xstra** **LSE:NWG Natwest** **LSE:POG Petrop etc** **LSE:TAN Tanfield** **

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Updated charts published on : BALFOUR BEATTY, Barrett Devs, Cellular Goods, Glencore Xstra, Natwest, Petrop etc, Tanfield,

LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 298.2 Percentage Change: + 0.07% Day High: 302.6 Day Low: 296.4

Further movement against BALFOUR BEATTY ABOVE 302.6 should improve accele ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 763.4 Percentage Change: -0.86% Day High: 776.4 Day Low: 756.6

Continued trades against BDEV with a mid-price ABOVE 776.4 should improve ……..

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LSE:CBX Cellular Goods Close Mid-Price: 10.6 Percentage Change: -0.93% Day High: 10.88 Day Low: 10.25

Added out of curiousity, thanks to my personal fascination with US & Canad ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 279.45 Percentage Change: -0.90% Day High: 283.6 Day Low: 276.6

Below 275 is looking slightly problematic, allowing weakness to an initial ……..

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LSE:NWGLSE:NWG Natwest. Close Mid-Price: 194.35 Percentage Change: + 1.54% Day High: 198.35 Day Low: 191

All Natwest needs are mid-price trades ABOVE 198.35 to improve accelerati ……..

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LSE:POG Petrop etc Close Mid-Price: 25.25 Percentage Change: -3.07% Day High: 26.1 Day Low: 25.3

If Petrop etc experiences continued weakness below 25.3, it will invariab ……..

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LSE:TAN Tanfield Close Mid-Price: 2.63 Percentage Change: -1.13% Day High: 2.8 Day Low: 2.74

When discussing useless, one of the better candidates is Tanfield share pr ……..

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*** End of “Updated Today” comments on shares.