Trends And Targets

Boohoo.com #CAC40 #Nasdaq Last reviewed in November (link here), we’d proposed a drop to 176, calling it a severe reversal. While not in the retail calamity league of Debenhams etc, there was something distinctly fragrant about what happened when it reached our target level. (Time for a boring chart inset) Continue reading “Trends and Targets for 7/03/2019”

BT Group #DOW #NK225 If ever a share exhibited the price reacting to (and confirming) a trend, British Telecom certainly fill the bill. The RED line on the chart, dating back to March 2009, has been gently caressed in the last few sessions (see inset), never sufficiently to become a #MeToo candidate… But make no mistake, BT is flirting with the edge of some real trouble. Continue reading “Trends and Targets for 6/03/2019”

GBPUSD #Gold #SP500 This relationship, often referred to as Cable (simply due to original trades being enacted across the transatlantic “cable”), was last reviewed in January (link here). It recently achieved our 1.33 target, even bettering it slightly and closing a session marginally in optimistic territory. Has a trip to Disney in Florida become possible? Continue reading “Trends and Targets for 5/03/2019”

IQE plc #DAX #Brent Sometimes, it’s enjoyable attempting to link a funny experience to a share price movement. In the case of #IQE, I’m reaching to find any link between their recent price growth and something which happened to me last week. As regular readers know, I’ve been doing chemo to treat leukaemia and my six months of treatment completed on Friday. My brush with utter stupidity occurred, leaving the hospital on Thursday evening, opting to leave the chemotherapy plumbing attached to my right hand. Continue reading “Trends and Targets for 4/03/2019”

FTSE for FRIDAY #DAX #SP500  The wonderful lack of logic which is the UK stock market continues to confuse, with Guernsey overtaking Reunion Island in checking our Friday projections. We rather like taking an “if it were a share” stance, when backed into the current corner as often this will prove the correct approach and get to the bottom of the problem. Continue reading “Trends and Targets for 1/03/2019”

Centrica #GOLD #Nasdaq Something quite remarkable is going on with Centrica. Of course, perhaps it’s only remarkable from our perspective but we cannot ignore the share’s chart has a RED line which goes back to the dawn of time. Perhaps we’re seeing the market pretend confidence in Brexit, perhaps there’s some sort of calibration error in our numbers. (there isn’t) Continue reading “Trends and Targets for 28/02/2019”

Lloyds Group #DOW #CAC40 On this day in history, 26th February, Napoleon Bonaparte escaped from Elba, returning to France to regain power. Lloyds Bank, equally, has achieved something thought impossible, returning above the prior uptrend and now, the share price resides in the land of milk and honey, promising great things for the future. Apparently… Continue reading “Trends and Targets for 27/02/2019”