Woodbois Ltd, money in the Lumberjack game?

#CAC40 #Nasdaq

A chum, who I regularly ask to “assist” when chainsawing, can be a really critical armchair expert, almost too fussy when we go into the forest hunting trees. But he is handy when heavy wood needs lifted. A few months ago, he borrowed my chainsaw and his wife phoned today, asking if I’d visit and trim some trees. I explained they already have the saw, she explained he’s actually too afraid to turn it on and is now in shock, due to receiving a quote from a tree surgeon.

Suddenly, a lot of things became clear. He likes the idea of doing lumberjack stuff, wearing the protective gear, carrying an axe, but when it comes to the dangerous physics attached to dropping a tree, he’s a great big wimp. Or perhaps someone sensible who questions his own limits… But no worries, we’re visiting next weekend and I know where my supply of firewood for next winter is coming from, always assuming I don’t drop a tree into their conservatory or garage roof.

 

This inspiration brings us rather neatly to Woodbois Ltd, listed on the AIM and involved in the production, process and supply of sustainable hardwood from Africa. Hopefully the company bottom line enjoys a boost from the exorbitant increase in timber prices over the last year rather than the absurd prices “just” being a facet of supply chain issues in Europe and North America. Such is the increase in costs, rather than buy a support for a log shelter canopy, it proved easy to use a couple of 2 metre straight branches from a walnut tree in the garden. Visually the end result proved quite pleasing too.

The last 7 sessions for Woodbois share price have proven quite useful and now, movement above just 8p should bring a visit to 8.5p next. While perhaps not the most inspiring movement, we’ve been awaiting this break upward for a year. Above 8.5p and things become more interesting, suggesting ongoing growth in the direction of 9.6p. But realistically, we must concede the price shall be trading in a zone where a longer term 12.5p is shining brighter than the checkout values at a timber yard.

For everything to go horribly wrong for Woodbois, the price needs tumble below the point of Blue trend break on the chart, around 4.5p. The implications of such a movement risk a visit to 2.6p, a level we cannot calculate below without using minus signs!.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:42PM BRENT 109.8 ‘cess
9:30:30PM GOLD 1883.64 ‘cess
9:36:34PM FTSE 7550.77
9:45:50PM FRANCE 6532.4 6385 6333 6263 6444 6543 6551 6584 6488 ‘cess
9:47:30PM GERMANY 14229 ‘cess
9:49:24PM US500 4292.27 Success
9:53:15PM DOW 33998 Success
9:55:22PM NASDAQ 13496 12882 12628 12318 13030 13558 13659 13747 13455 Success
10:00:58PM JAPAN 27404 Success

 

4/05/2022 FTSE Closed at 7493 points. Change of -0.9%. Total value traded through LSE was: £ 5,719,365,474 a change of -24.49%
3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%
29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%
28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%
27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%
26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%
25/04/2022 FTSE Closed at 7380 points. Change of -100%. Total value traded through LSE was: £ 6,962,693,363 a change of 0%

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

Click Epic to jump to share: LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:AVCT Avacta** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:GKP Gulf Keystone** **LSE:IGG IG Group** **LSE:OCDO Ocado Plc** **LSE:STAN Standard Chartered** **

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Updated charts published on : Applied Graphene, Aston Martin, Avacta, Barrett Devs, BP PLC, Capita, Gulf Keystone, IG Group, Ocado Plc, Standard Chartered,

LSE:AGM Applied Graphene. Close Mid-Price: 19.5 Percentage Change: + 2.63% Day High: 19 Day Low: 18.5

Weakness on Applied Graphene below 18.5 will invariably lead to 17 with s ……..

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LSE:AML Aston Martin. Close Mid-Price: 902.6 Percentage Change: + 6.74% Day High: 959.8 Day Low: 855.6

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LSE:AVCT Avacta. Close Mid-Price: 113.2 Percentage Change: + 0.18% Day High: 116.5 Day Low: 108

If Avacta experiences continued weakness below 108, it will invariably le ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 484.4 Percentage Change: -2.52% Day High: 498.3 Day Low: 482.8

Continued weakness against BDEV taking the price below 482.8 calculates a ……..

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LSE:BP. BP PLC. Close Mid-Price: 415.9 Percentage Change: + 0.40% Day High: 421.75 Day Low: 410.95

Target met. In the event of BP PLC enjoying further trades beyond 421.75, ……..

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LSE:CAR Carclo. Close Mid-Price: 23.05 Percentage Change: + 0.22% Day High: 23 Day Low: 22.9

If Carclo experiences continued weakness below 22, it will invariably lead ……..

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LSE:CPI Capita. Close Mid-Price: 26.78 Percentage Change: + 6.52% Day High: 26.96 Day Low: 24.94

Target met. All Capita needs are mid-price trades ABOVE 26.96 to improve ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 262 Percentage Change: + 3.76% Day High: 265 Day Low: 246.5

All Gulf Keystone needs are mid-price trades ABOVE 265 to improve acceler ……..

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LSE:IGG IG Group Close Mid-Price: 765.5 Percentage Change: -4.61% Day High: 803.5 Day Low: 759.5

Target met. Weakness on IG Group below 759.5 will invariably lead to 733 ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 891.8 Percentage Change: -3.00% Day High: 929.2 Day Low: 877.2

Target met. Weakness on Ocado Plc below 877.2 will invariably lead to 852 ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 568.8 Percentage Change: + 0.49% Day High: 575.6 Day Low: 565.8

Target met. All Standard Chartered needs are mid-price trades ABOVE 575.6 ……..

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

Pearson Plc, an interesting read…

#Gold #SP500

Publishing giant, Pearson Plc, founded 178 years ago, enjoy a company history which makes for a fascinating read. Quite a few organisations within the FTSE 100 boast of a chequered history but Pearson surely must come close to the top, if only for their formative years at the top of the construction industry. But then they learned to read, taking a new direction!

An example of their work is the existence of Mexico City. Pearson drained the swamp bowl, literally allowing the city to exist. They also appear to have specialised in tunnel works as evidenced with the railway tunnels under New York city. There appears nothing logical about their transition into becoming one of the largest publishers in the world and now, specialise in educational areas, both with conventional textbooks along with digital learning technologies. Inevitably, there are concerns around the world of the influence Pearson Plc has on education due to their influence through every part of the teaching and qualification process.

As rabbit holes go, it’s certainly worth an hour or so to research Pearson Plc’s history.

 

As for their share price, it “feels” like it’s on the verge of doing something interesting and we’ve received a couple of emails prompting us to take a look.

The immediate situation is mildly confusing, the share price opting to pole dance around the Blue downtrend which dates back to 2015. This trend has been pretty well defined and we’re inclined to take the circled brief spike above the trend as a promise, something is in the wind. This year, things were looking especially hopeful in March until the overall market dampening effect of Ukrainian events took hold, creating a situation where the price is now hugging the Blue line (see insert).

However, we are inclined to allocate 806p as a potential trigger to get things moving, calculating an initial ambition at 917p with secondary, if bettered, a longer term visually sane 994p.

For everything to go pear shaped, below 738p looks problematic, allowing a reversal cycle to an initial 630p with secondary, if broken, a hopeful bottom down at 460p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:05:02PM BRENT 105.58
10:06:22PM GOLD 1868.57 1850 1846 1821 1866 1876 1883 1894 1860
10:08:11PM FTSE 7565.15 Success
10:10:03PM FRANCE 6467
10:11:27PM GERMANY 14032.51
10:12:52PM US500 4181.54 4132 4116 4088 4181 4200 4221 4274 4149
10:15:12PM DOW 33163
10:16:55PM NASDAQ 13121
10:19:47PM JAPAN 27046 ‘cess

3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%
29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%
28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%
27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%
26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%
25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -100%. Total value traded through LSE was: £ 6,766,539,663 a change of 0%

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

Click Epic to jump to share: LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CPI Capita** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:OCDO Ocado Plc** **LSE:STAN Standard Chartered** **

********

Updated charts published on : BP PLC, Carclo, Caspian, Capita, Hargreaves Lansdown, IG Group, Ocado Plc, Standard Chartered,

LSE:BP. BP PLC. Close Mid-Price: 414.25 Percentage Change: + 5.80% Day High: 413.15 Day Low: 395.05

All BP PLC needs are mid-price trades ABOVE 413.15 to improve acceleratio ……..

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LSE:CAR Carclo Close Mid-Price: 23 Percentage Change: -6.12% Day High: 25.5 Day Low: 22

Target met. If Carclo experiences continued weakness below 22, it will in ……..

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LSE:CASP Caspian. Close Mid-Price: 2.7 Percentage Change: + 0.00% Day High: 2.7 Day Low: 2.65

If Caspian experiences continued weakness below 2.65, it will invariably ……..

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LSE:CPI Capita. Close Mid-Price: 25.14 Percentage Change: + 4.84% Day High: 25.52 Day Low: 23.86

In the event of Capita enjoying further trades beyond 25.52, the share sh ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 918 Percentage Change: + 0.09% Day High: 927.2 Day Low: 896

Continued weakness against HL. taking the price below 896 calculates as l ……..

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LSE:IGG IG Group Close Mid-Price: 802.5 Percentage Change: -1.59% Day High: 815 Day Low: 800.5

This is looking a little awkward as weakness below 800 now points at the p ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 919.4 Percentage Change: -0.50% Day High: 925 Day Low: 889.6

Continued weakness against OCDO taking the price below 889.6 calculates a ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 566 Percentage Change: + 2.57% Day High: 565.6 Day Low: 548

In the event of Standard Chartered enjoying further trades beyond 565.6, ……..

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

Will Lloyds Banking Group escape the wolves?

#Brent #Dax

Lloyds Banking Group share price starts to feel like it has a lot in common with 11 year old girls, afraid of everything. A misplaced joke managed to spoil Saturday night, grand-daughters having an “adventure” staying in our caravan. The caravan is parked on the driveway, motion sensors and security lights in abundance, along with CCTV with motion sensor alerts. It’s also around 10 metres from the front door. All this stuff has nothing to do with paranoid security*** but rather, a lack of lighting in the highlands where nights can be pitch black. And the CCTV lets us know when the supermarket driver appears with a delivery!

The offending joke? Telling the girls if they heard wolves prowling around outside, to just come into the unlocked house…

Around 1am, all hell broke loose. Two roe deer triggered the outside lights. The girls decided they were wolves, the holiday weekend took a turn for the worse. My daughter proved quite condescending at breakfast on Sunday, both little girls finally sound asleep, probably enjoying wolf puppy dreams. Worse, all plans for Sunday were cancelled until the girls surfaced.

 

Lloyds share price has spent the last three weeks, cowering in terror from hopefully imaginary wolves. There has been a pretty obvious downtrend since the middle of January, one which gives hope movement bettering the trend should provoke recovery to an initial 50.5p with secondary, if bettered, at a confident looking 56p. Unfortunately, there has also been a well defined Red uptrend since March, one which was broken last week.

This results in a scenario where weakness now below 45.25p risks promoting reversal to an initial 43p with secondary, if broken, at 40.6p and hopefully a bounce, faster than a child being chased by an invisible wolf.

 

*** The final level of security for the children was myself. Needing only three hours of sleep a night, in theory there was a “responsible” adult watching telly just 20 feet away, nice and warm indoors!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
8:37:23PM BRENT 107.45 102.8 100.815 97.78 104.75 108.1 109.36 112.73 105.32
9:06:24PM GOLD 1862
9:12:54PM FTSE 7473
9:14:24PM FRANCE 6439.5
9:16:45PM GERMANY 13944.88 13792 13638 13452 13940 14040 14101 14182 13963
9:18:22PM US500 4152.22
10:02:19PM DOW 33057
10:03:58PM NASDAQ 13053
10:05:46PM JAPAN 26888

 

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%
28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%
27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%
26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%
25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%

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

Click Epic to jump to share: LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:OXIG Oxford Instruments** **LSE:SRP Serco** **

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Updated charts published on : Barrett Devs, Carclo, Centrica, Capita, Hargreaves Lansdown, Hurrican Energy, Oxford Instruments, Serco,

LSE:BDEV Barrett Devs. Close Mid-Price: 494.5 Percentage Change: + 0.28% Day High: 503 Day Low: 490.2

Weakness on Barrett Devs below 490.2 will invariably lead to 477 with sec ……..

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LSE:CAR Carclo Close Mid-Price: 24.5 Percentage Change: -9.93% Day High: 26 Day Low: 23.6

Continued weakness against CAR taking the price below 23.6 calculates as ……..

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LSE:CNA Centrica Close Mid-Price: 79.46 Percentage Change: -1.17% Day High: 80.74 Day Low: 79.62

It’s still the case where above 85 indicates an initial 87 with secondary, ……..

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LSE:CPI Capita. Close Mid-Price: 23.98 Percentage Change: + 4.72% Day High: 24.1 Day Low: 22.84

Now above 24.25 suggests the potential of recovery to an initial 26.3 with ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 917.2 Percentage Change: -2.15% Day High: 941.8 Day Low: 909.6

Weakness on Hargreaves Lansdown below 909.6 will invariably lead to 887 w ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 9.5 Percentage Change: -0.31% Day High: 9.95 Day Low: 9.3

This appears about ready to give everyone a break. Above 12p should now at ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2330 Percentage Change: + 2.64% Day High: 2335 Day Low: 2275

Getting useful, above 2340 suggests the potential of near term movement to ……..

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LSE:SRP Serco. Close Mid-Price: 152.1 Percentage Change: + 0.53% Day High: 155 Day Low: 151.4

All Serco needs are mid-price trades ABOVE 155 to improve acceleration to ……..

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

Kingfisher and our FTSE for Friday too

#FTSE #KGF.L

Inspiration to review Kingfisher wasn’t hard to come by, due to a disastrous DIY event. It appears, for whatever reason, Kingfisher (owners of B&Q and ScrewFix in the UK) are enjoying their own share price meltdown, something of a surprise given the return to what passes for normality in the UK. It used to be the case, until the internet took over, you could judge someone by their catalogue. Were they a “ScrewFix” person or a “Maplin Electronics” person? Both fabulous books contained the seeds for dream projects for the future. Alas, catalogues appear to have gone the way of “Good Old Yellow Pages”, the internet failing to provide the tactile experience of sitting down with a coffee, turning catalogue pages and discovering inspiration. Plus there was the added advantage; no-one thumbing through a catalogue would be accused of being lazy. Despite the fact ‘research’ was usually being enacted on the most ridiculous of subjects…

For Kingfisher, perhaps it’s the outlandish level of price rises being enacted in their B&Q stores, staff members tending to take on an “Arthur Dailly” aspect when queried about the price of anything wood related. Apparently prices for ‘raw’ timber can now change daily, creating a difficult situation for a corporate dealing in bulk sales. Then again, perhaps the company exposure to their successful outlets throughout Europe is creating an issue, especially with their brand in Poland being geared to handle proper DIY jobs, rather than the wimpish level of projects B&Q clients try in the UK!

 

Regardless, the share price has been falling and things are not looking great.

The Blue line on the chart, the share price downtrend, dates back to 2014 but importantly, it can also be extended far back in time to 1999. Thus, Kingfisher has seen their price retreat below a downtrend which is 23 years old. Surely this is pretty significant.

Weakness now below just 246p threatens reversal to an initial 193p with our longer term secondary, if broken, calculating at 127p and a challenge against the Covid-19 low of 2020. The only certainty of an escape from trouble will come with any miracle gain above Blue, currently 307p.

FTSE for Friday The UK market performed pretty much as expected on Thursday and looks capable of maintaining its recovery. Obviously, a carelessly misplaced bomb or, in the UK, a carelessly misplaced party invitation risks derailing things but otherwise, above 7520 points for the FTSE should prove capable of triggering a nod in the direction of 7578 points next. If exceeded, our secondary calculates at a longer term 7644 points. The market needs below 7470 to tarnish our optimism.

 

This provides a suitable trigger level, if attempts are being made to spoil the holiday weekend. Below 7470 risks reversal to an initial 7435 with secondary, if broken, at 7389 points and hopefully a bounce.

Have a good weekend. Hopefully the holiday Monday is dry!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:53:05PM BRENT 107.11 102.78 101.91 104.7 107.7 109.07 105.5 ‘cess
10:55:41PM GOLD 1894.86 1879 1873 1887 1897 1902 1888
10:57:23PM FTSE 7539 7450 7411 7515 7585 7629 7507 ‘cess
11:00:57PM FRANCE 6558 6431 6412 6477 6575 6621 6524
11:03:11PM GERMANY 14011 13758 13676 13940 14123 14182 13994 ‘cess
11:04:55PM US500 4251.62 4184 4156.5 4223 4308 4319 4242 Success
11:07:41PM DOW 33856 33240 33038 33500 34064 34195 33837 Success
11:09:50PM NASDAQ 13238 13032 12914 13232 13544 13608 13340 Success
11:17:50PM JAPAN 27150 26890 26728 27078 27248 27333 27140
28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%
27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%
26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%
25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%
20/04/2022 FTSE Closed at 7629 points. Change of -100%. Total value traded through LSE was: £ 7,734,053,627 a change of 0%

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:SBRY Sainsbury** **LSE:STAN Standard Chartered** **

********

Updated charts published on : AFC Energy, BALFOUR BEATTY, Caspian, IQE, Ocado Plc, Sainsbury, Standard Chartered,

LSE:AFC AFC Energy Close Mid-Price: 31.8 Percentage Change: -3.40% Day High: 34 Day Low: 31.2

Weakness on AFC Energy below 31.2 will invariably lead to 25 with seconda ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 246.2 Percentage Change: + 0.49% Day High: 248 Day Low: 239

Target Met. Continued weakness against BBY taking the price below 239 cal ……..

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LSE:CASP Caspian Close Mid-Price: 2.7 Percentage Change: -6.90% Day High: 2.9 Day Low: 2.7

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LSE:IQE IQE. Close Mid-Price: 30.25 Percentage Change: + 0.83% Day High: 30.8 Day Low: 29

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LSE:OCDO Ocado Plc Close Mid-Price: 911 Percentage Change: -1.98% Day High: 957.4 Day Low: 898.8

Target met. In the event Ocado Plc experiences weakness below 898.8 it ca ……..

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LSE:SBRY Sainsbury Close Mid-Price: 228.7 Percentage Change: -4.31% Day High: 235.5 Day Low: 222.6

Continued weakness against SBRY taking the price below 222.6 calculates a ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 547.6 Percentage Change: + 14.15% Day High: 561.6 Day Low: 523.6

Target met. Further movement against Standard Chartered ABOVE 561.6 shoul ……..

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

Sterling vs US Dollar on a sticky wicket?

#GBPUSD #Gold

It used to be the case, at this time of year, lots of folk asked about how Sterling was looking against the Dollar & Euro. This year, despite a plethora of TV adverts, we’ve not had a single email asking our thoughts on currency and now, GBP vs USD is looking a bit of a disaster. Of course, the term “disaster” can be subjective, such as happened today with a garden shed.

 

Sometimes, no matter how ridiculous it paints the writer, some stories are simply too good and shouldn’t be kept secret…

A fact about staying in the Scottish Highlands in the need to become fairly self sufficient. Folk living in civilisation find it easy to make a call and get a bloke round to do a job. Whereas in the Highlands, it’s never that easy for reasons which are fairly understandable. Just getting someone to quote for a job can prove difficult, due to reason of the distance needing travelled. Often it’s the case where a vague promise of “dropping by next time working in the area” is the best you’ll get. Worse, someone will turn up (always an hour late, that’s a big rule) and discover they’ve the wrong parts. This means waiting till they next catch a ferry to whatever supplier on the mainland and the inevitable delay in rescheduling the job. On the bright side, folk are pleasant, easy going, and the Scottish word for ‘Mañana’ is ‘Argyll’.

The foregoing is an explanation for why I managed to glue myself onto a shed, at the top of a ladder, above a stream. And also start a small forest fire.

Steel roofed sheds have an annoying feature. Condensation forms under the roof in surprising quantity, ensuring our little tractor and garden tools were constantly soaked. We decided the easiest method of stopping condensation was to cover the roof with old fashioned roofing felt. Obviously it couldn’t be nailed on but there’s a product called Roofing Adhesive, a product thicker than treacle and also blacker than black. The accessible part of the roof was coated with the adhesive and 3 metres of felt cheerfully glued itself in place. But the back half of the roof looked quite problematic, my wife offering an easy solution.

“Why not treat the roofing felt like wallpaper? Coat the non-gritty side with the adhesive, fold it on itself, prop the ladders at the back of the shed and just unfold it, covering the roof.”

It all seemed simple, when talking in the kitchen. At the top of the ladders, trying to unfold the roofing felt, a gust of wind ensured it wrapped around the ladders, myself, and my arms. I was trapped, the ladders feeling like they wanted to fall backward into the stream 2 metres below the base of the ladder. Calling for help was a non-starter, knowing my wife was wearing earphones while pretending to be busy in the kitchen. Eventually the ladders felt sufficiently stable to allow myself to use my weight to tear the roofing felt apart and escape to ground level, where my walking stick awaited, thanks to recovering from a knee operation. Oops.

Needless to say, once my wife stopped giggling, she popped out to buy more White Spirit as the half litre bottle was not going to clean my arms, my face, nor my hair. All my clothing went directly onto the garden bonfire, creating havoc – but that’s another story. Roofing Felt adhesive is Highly Flammable and burns quite energetically!

She also bumped into a bloke at the hardware store and he’s promised to visit on Friday and complete the job…

 

As for Sterling vs the US Dollar, as mentioned, things are looking a bit of a disaster. The immediate situation suggests weakness continuing below 1.2500 risks an attempt at 1.2210 and hopefully a bounce. We’re not the only people capable of drawing a Red line in crayon since the lows of 1985 and anticipate achieving such a target level will be judged as sufficient to provoke a rebound. Unfortunately, it may prove worth remembering the Covid-19 drop of March 2020 proved the Red line can be broken. As a result, we’d advocate caution if 1.2210 breaks as our secondary calculates down at 1.1721, a level where the currency pairing almost must bounce.

To get out of trouble, the relationship needs exceed 1.2700 as this should provide early warning for surprise recovery to 1.3047 initially. Visually there’s a heck of an argument suggesting hesitation at such a level, due to movements during March and early April. Our longer term secondary, if 1.3047 is exceeded, works out at 1.3342.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:57:59PM BRENT 104.82
10:59:53PM GOLD 1886.18 1880 1877 1866 1891 1911 1920 1933 1899 ‘cess
11:02:21PM FTSE 7459.62
11:07:15PM FRANCE 6427.3 ‘cess
11:09:14PM GERMANY 13851.68
11:11:09PM US500 4219.92
11:13:40PM DOW 33383 Shambles
11:17:47PM NASDAQ 13177 12924 12798 12644 13112 13260 13328 13505 13084 ‘cess

27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%
26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%
25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%
20/04/2022 FTSE Closed at 7629 points. Change of -100%. Total value traded through LSE was: £ 7,734,053,627 a change of 0%
19/04/2022 FTSE Closed at 7601 points. Change of 0%. Total value traded through LSE was: £ 6,126,164,773 a change of 0%

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:EME Empyrean** **LSE:HL. Hargreaves Lansdown** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : AFC Energy, Asos, Avacta, BALFOUR BEATTY, Barrett Devs, Carnival, Empyrean, Hargreaves Lansdown, IQE, ITV, Just Eat, Marks and Spencer, Ocado Plc, Rolls Royce, Taylor Wimpey,

LSE:AFC AFC Energy Close Mid-Price: 32.92 Percentage Change: -3.18% Day High: 34.58 Day Low: 32.34

If AFC Energy experiences continued weakness below 32.34, it will invaria ……..

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LSE:ASC Asos Close Mid-Price: 1317 Percentage Change: -1.27% Day High: 1353 Day Low: 1315

In the event Asos experiences weakness below 1315 it calculates with a dr ……..

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LSE:AVCT Avacta Close Mid-Price: 119 Percentage Change: -9.85% Day High: 133.5 Day Low: 119

In the event of Avacta enjoying further trades beyond 143.5, the share sho ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 245 Percentage Change: -1.29% Day High: 249.2 Day Low: 243.4

Weakness on BALFOUR BEATTY below 243.4 will invariably lead to 240 with s ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 490.6 Percentage Change: -3.46% Day High: 510.6 Day Low: 491.3

If Barrett Devs experiences continued weakness below 491.3, it will invar ……..

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LSE:CCL Carnival Close Mid-Price: 1260 Percentage Change: -1.87% Day High: 1283.5 Day Low: 1237.5

In the event Carnival experiences weakness below 1237.5 it calculates wit ……..

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LSE:EME Empyrean Close Mid-Price: 2.55 Percentage Change: -70.69% Day High: 2.9 Day Low: 1.8

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 940 Percentage Change: -0.95% Day High: 966.4 Day Low: 936.2

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LSE:IQE IQE Close Mid-Price: 30 Percentage Change: -1.64% Day High: 30.65 Day Low: 29.55

Target met. Weakness on IQE below 29.55p will invariably lead to 27p with ……..

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LSE:ITV ITV Close Mid-Price: 73.16 Percentage Change: -0.79% Day High: 74.24 Day Low: 72.54

Even above 88 should give early hope, calculating with the potential of an ……..

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LSE:JET Just Eat Close Mid-Price: 2032.5 Percentage Change: -2.87% Day High: 2121 Day Low: 1984.4

Continued weakness against JET taking the price below 1984.4 calculates a ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 136.95 Percentage Change: -3.35% Day High: 142.7 Day Low: 135.65

Weakness on Marks and Spencer below 135.65 will invariably lead to 130 wi ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 929.4 Percentage Change: -2.17% Day High: 963.6 Day Low: 913.4

Target met. If Ocado Plc experiences continued weakness below 913.4, it w ……..

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LSE:RR. Rolls Royce Close Mid-Price: 82.38 Percentage Change: -2.06% Day High: 85.77 Day Low: 82.37

Weakness on Rolls Royce below 82.37 will invariably lead to 72 with secon ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 124.85 Percentage Change: -3.03% Day High: 129.85 Day Low: 124.75

If Taylor Wimpey experiences continued weakness below 124.75, it will inv ……..

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

Will Vivendi SE nosedive?

#FTSE #Nasdaq

By unspoken agreement, when my wife arrived home from an expedition to the mainland, I’m always “on duty”, able to help unload whatever garbage she’s bought from garden centres, home hardware stores, and of course, Tesco. But today, she drove up the driveway and despite me working with the garden strimmer, felt able to empty the card on her own. The reason was quite simple. We’ve a petrol strimmer and there’s a Big Rule with petrol driven garden machines. Once you’ve got the things started, under no circumstances dare you stop the engine unless you want a fight with the pull chord.In a fit of inspiration, came the realisation the stock market is nothing like a garden strimmer.

 

Due to the machines warped sense of humour, once started you must keep it going whereas with the stock market, there is no reason to always have a play in place. Often (like currently) quite the opposite applies and deciding to step away can often be the most important winning trade. Many traders will doubtless not talk about these incidents, substantial losses caused by a feeling they “had” to trade despite a small voice saying the opposite. In-house, we’ve currently got a hysterical pretend position with one of the Spread Bet organisations. For reasons which should be obvious, we maintain several demo accounts as it can prove quite surprising how different organisations present the futures markets. The numbers never vary that greatly but it can prove a mild shock, when ‘after hours’ market spikes occur as some providers exaggerate just a little.

Our in-house faux pas occurred toward the end of January, a spur of the moment decision to “buy” Nasdaq at 13,807, thanks to a spike down on one of the demo platforms. Of course, as it was a pretend trade, it was also completely forgotten about until this evening, when a glance at that particular Spread Bet platform revealed the trade was now 1,000 points down. Placing even a demo trade, out of boredom, was silly, especially one which had neither a Stop Loss order nor a Close Position & Profit order.

 

To escape the above epiphany and return to the real world, our glance at various European shares revealed Vivendi appear on the edge of some troubling behaviour. Since their parting of ways with Universal Music last year, the share price has described a pretty boring path, fluttering around the 10-12€ level. However, it appears to be knocking on the door of some dramatics at present, the share price needing below 11.05€ to trigger reversals to an initial 10.5.

It’s crucial to note, should 10.5 break, there’s a very real risk for ongoing reversal down to a bottom of 8.77€, hopefully a level the share price decides to bounce. From a Big Picture perspective, the share is already lurching around at bottom levels, resulting in a mild hope 10.5 may be deemed “bottom” and with any bounce capable of bettering 12.2€, travel to 13.5 calculates as possible.

Perhaps 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
10:17:41PM FTSE 7311 7300 7260 7185 7388 7461 7499 7513 7391 Shambles
10:20:10PM BRENT 105.07
10:22:07PM GOLD 1905.62
10:23:48PM FRANCE 6369.2
10:26:48PM GERMANY 13566.45 Success
10:31:02PM US500 4149.77 Success
10:33:15PM DOW 33235 ‘cess
10:35:59PM NASDAQ 12838.87 12792 12702 12473 12932 13225 13257 13411 13093 ‘cess
10:38:28PM JAPAN 25998 Success

 

26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%
25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%
20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%
19/04/2022 FTSE Closed at 7601 points. Change of -100%. Total value traded through LSE was: £ 6,126,164,773 a change of 0%
14/04/2022 FTSE Closed at 7616 points. Change of 0%. Total value traded through LSE was: £ 6,624,976,338 a change of 0%

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Carnival, EasyJet, IQE, Ocado Plc, Rolls Royce, Serco, Taylor Wimpey,

LSE:ASC Asos Close Mid-Price: 1334 Percentage Change: -4.71% Day High: 1430 Day Low: 1331

In the event Asos experiences weakness below 1331 it calculates with a dr ……..

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LSE:CCL Carnival Close Mid-Price: 1284 Percentage Change: -2.13% Day High: 1357 Day Low: 1280.5

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LSE:EZJ EasyJet Close Mid-Price: 553.2 Percentage Change: -2.67% Day High: 585 Day Low: 553.2

Easyjet feels like it is awaiting an excuse to head upward as movement now ……..

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LSE:IQE IQE Close Mid-Price: 30.5 Percentage Change: -3.94% Day High: 32.6 Day Low: 30.5

If IQE experiences continued weakness below 30.5, it will invariably lead ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 950 Percentage Change: -8.30% Day High: 1048 Day Low: 950.6

Target met. Weakness on Ocado Plc below 950.6 will invariably lead to 941 ……..

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LSE:RR. Rolls Royce Close Mid-Price: 84.11 Percentage Change: -3.13% Day High: 89.01 Day Low: 84.19

Continued weakness against RR. taking the price below 84.19 calculates as ……..

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LSE:SRP Serco Close Mid-Price: 149.7 Percentage Change: -0.20% Day High: 153.9 Day Low: 149.1

In the event of Serco enjoying further trades beyond 153.9, the share sho ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 128.75 Percentage Change: + 0.55% Day High: 133.4 Day Low: 129.05

Now below 128 looks troubling, calculating with the potential of weakness ……..

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

Will Pensana Plc develop a share price magnet?

#Gold #Dow

Very rarely will a corporate website fit the criteria “you got me at the first sentence!” but #Pensana Plc managed this feat. Their headline “Building The Worlds First Sustainable Magnet Metal Supply Chain” deserved immediate approval. The reason, a personal fascination with Neodymium Magnets. These things, finding uses everywhere, are amazing, capable of holding up to 1,000 times their own weight. They’re not toys and find themselves used everywhere. Even our garden gate closes quite firmly, thanks to a little magnet strategically placed.

More recently, a project to build a “rock tumbler” ran into an issue, the rotating cylinder tending to squirm its way along the rolls and eventually climb out of the tumbling frame. The solution proved simple, a magnet inside the cylinder and a magnet at the end of the frame. When the two identical poles came into each others proximity, the cylinder was repelled and would squirm its way in the opposite direction for a while. A nice simple solution with no moving parts.

Obviously, rare earth magnets are used extensively in other flippant areas, such as electric vehicles, wind turbines, fridge magnets… etc.

 

The surprise with all this enthusiasm for magnets is the current state of Pensana Plc share price. By our usual standards, we’re supposed to imply it risks heading to 2.5p but recently, at the start of April, price movements ticked the first box to cancel the break below the Red uptrend. The share price broke trend at 80p at the start of February this year, immediately making a visit to 2.5p a genuine risk. However, at the start of April, the share exceeded the point of trend break, strongly suggesting the drop threat is no longer lingering with intent. Instead, we should apparently be search for triggers which imply imminent gains, if such are possible against the background of the current stock market.

Visually it appears sane to allocate the most recent high of 93p as a viable trigger level. Movement above this level calculates with the potential of gains to an initial 122p. Our longer term secondary, if this initial ambition is exceeded, works out at 153p. Beyond such a level, we shall prefer to examine the tea leaves again as some quite disproportionate gains appear possible.

Perhaps the company intend develop a share price magnet… For everything to go horribly wrong, the share now requires trade below 59p as once again, our ridiculous potential of 2.5p shall become valid.

Many thanks to the nice folk who effectively “buy the coffee” when clicking on a fascinating advert on this page.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:34:32PM BRENT 102.26
10:59:08PM GOLD 1898.05 1891 1879 1853 1902 1919 1921 1931 1904 Success
11:01:29PM FTSE 7445.9 Success
11:03:12PM FRANCE 6524 Success
11:04:50PM GERMANY 14077.54 Success
11:06:26PM US500 4293
11:08:28PM DOW 34040 33298 33200 32896 33620 34112 34178 34390 33812
11:10:32PM NASDAQ 13511.24
11:12:29PM JAPAN 26794

 

25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%
20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%
19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%
14/04/2022 FTSE Closed at 7616 points. Change of -100%. Total value traded through LSE was: £ 6,624,976,338 a change of 0%
13/04/2022 FTSE Closed at 7580 points. Change of 0%. Total value traded through LSE was: £ 5,507,163,189 a change of 0%

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:HL. Hargreaves Lansdown** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SNN Sanne Plc** **

********

Updated charts published on : Asos, Carclo, Cellular Goods, Hargreaves Lansdown, Just Eat, Ocado Plc, Rolls Royce, Sanne Plc,

LSE:ASC Asos Close Mid-Price: 1400 Percentage Change: -0.36% Day High: 1414 Day Low: 1377

Target met. Continued weakness against ASC taking the price below 1377 ca ……..

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LSE:CAR Carclo Close Mid-Price: 25 Percentage Change: -1.38% Day High: 25.9 Day Low: 24

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LSE:CBX Cellular Goods Close Mid-Price: 2.62 Percentage Change: -2.78% Day High: 2.62 Day Low: 2.25

If Cellular Goods experiences continued weakness below 2.25, it will inva ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 978.8 Percentage Change: + 1.24% Day High: 982.4 Day Low: 946.4

If Hargreaves Lansdown experiences continued weakness below 946.4, it wil ……..

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LSE:JET Just Eat. Close Mid-Price: 2121 Percentage Change: + 0.57% Day High: 2171.5 Day Low: 2016

Weakness on Just Eat below 2016 will invariably lead to 1971 with seconda ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1036 Percentage Change: -0.58% Day High: 1047 Day Low: 995.8

Target met. Continued weakness against OCDO taking the price below 995.8 ……..

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LSE:RR. Rolls Royce Close Mid-Price: 86.83 Percentage Change: -5.18% Day High: 91.52 Day Low: 87.03

Rolls Royce share price is really misbehaving as below 87 now suggests rev ……..

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LSE:SNN Sanne Plc. Close Mid-Price: 906 Percentage Change: + 0.00% Day High: 907 Day Low: 905

It’s still the base of below 899 suggesting reversal to an initial 848 wit ……..

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