Alliance Trust Plc, a surprise from Dundee!

#Gold #Nasdaq As one of the UK’s largest and oldest investment trusts, it was something of a surprise to discover they’re domiciled In Dundee, a city famous for cartoon characters like ‘Desperate Dan’, George Galloway, the DC Thomson empire, and little else. Similar to every country in the world, Scotland has a social split between the West Coast and East Coast. Dundee is an East Coast town, deserving of little attention and long been cursed as somewhere you must pass through on the way to somewhere more interesting. But a glance at the history of Alliance Trust reveals an aggressively outgoing company, its very DNA always focussed on investment across the Atlantic and now, globally.

Okay, we’re west coast based and expected to be biased about the wrong side of Scotland.

 

It appears Alliance Trust enjoy a share price which is shuffling toward the starting position for some positive movement.  Presently trading around 995p, we regard 1,008p as a potential trigger level which should prove capable of providing a lift to an initial 1,070p. Visually, this matches the previous all time high of last year but, should the price close a session above 1,070, we’d hope a further cycle shall commence to our secondary target of 1,164p. The company has certainly experienced a firm climb in value, since the lows of the financial crash in 2009 and now, in the long term, suggests an eventual 1,215p shall provide some sort of future ceiling and probable hesitation.

As always, we’d be careful with that number as, should the market start to “gap” the share price up at the open, it will become entirely possible the market itself has different ideas beyond 1,215p.

 

The converse scenario demands weakness below 875p to trigger potential reversal to an initial 800p with secondary, if broken, at 656p and hopefully a bounce. Visually, there’s nothing suggesting this scenario shall become an issue.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:11:20PM BRENT 96.19
10:15:14PM GOLD 1789.05 1681 1648 1507 1740 1790 1797 1808 1755
10:18:05PM FTSE 7494.57 Success
10:19:39PM STOX50 3764 ‘cess
10:22:26PM GERMANY 13700 ‘cess
10:26:00PM US500 4153 ‘cess
10:35:42PM DOW 32930 Success
10:39:14PM NASDAQ 13211 13170 13115 13021 13220 13320 13445 13500 13153 Success
10:41:53PM JAPAN 28174 ‘cess
8/08/2022 FTSE Closed at 7482 points. Change of 0.58%. Total value traded through LSE was: £ 4,663,235,289 a change of 8.84%
5/08/2022 FTSE Closed at 7439 points. Change of -0.12%. Total value traded through LSE was: £ 4,284,416,444 a change of -24.22%
4/08/2022 FTSE Closed at 7448 points. Change of 0.04%. Total value traded through LSE was: £ 5,653,918,717 a change of 0.91%
3/08/2022 FTSE Closed at 7445 points. Change of 0.49%. Total value traded through LSE was: £ 5,602,756,478 a change of -3.28%
2/08/2022 FTSE Closed at 7409 points. Change of -0.05%. Total value traded through LSE was: £ 5,792,539,911 a change of 52.35%
1/08/2022 FTSE Closed at 7413 points. Change of -0.13%. Total value traded through LSE was: £ 3,802,113,332 a change of -37.81%
29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%

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:BARC Barclays** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:PHP Primary Health** **LSE:RR. Rolls Royce** **

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Updated charts published on : Barclays, British Airways, Igas Energy, IG Group, National Glib, Natwest, Primary Health, Rolls Royce,

LSE:BARC Barclays. Close Mid-Price: 166 Percentage Change: + 1.22% Day High: 166.92 Day Low: 164.74

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LSE:IAG British Airways. Close Mid-Price: 120.64 Percentage Change: + 0.75% Day High: 121.52 Day Low: 118.92

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LSE:IGAS Igas Energy. Close Mid-Price: 55.8 Percentage Change: + 9.20% Day High: 55.8 Day Low: 52

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LSE:IGG IG Group. Close Mid-Price: 822 Percentage Change: + 0.55% Day High: 831 Day Low: 818.5

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LSE:NG. National Glib. Close Mid-Price: 1135 Percentage Change: + 1.16% Day High: 1142.5 Day Low: 1122

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LSE:NWG Natwest. Close Mid-Price: 254.1 Percentage Change: + 0.36% Day High: 256.3 Day Low: 252.3

Target Met or near enough. Interesting to report, movement next above 258 ……..

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LSE:PHP Primary Health. Close Mid-Price: 145.4 Percentage Change: + 1.68% Day High: 146.2 Day Low: 143.1

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LSE:RR. Rolls Royce. Close Mid-Price: 86.7 Percentage Change: + 4.46% Day High: 87.05 Day Low: 82.96

Trades now above 90 should prove interesting, making a visit to an initial ……..

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

Barclays Plc, mildly optimistic

#Brent #Dax August has now swung into full frustration mode, many share prices simply going through the motion during a period when no-one is particularly interested. In Europe, this must be an especially strange month on the markets, due to the very real nature of close-downs for the entire holiday month. But the UK, resolutely, pretends to ignore reality and instead, just moan about the weather.

One thing worthy of comment, due to ongoing ridiculous fuel costs, has been the recent approval by US Regulators of the first Small Modular Nuclear Reactors. This approval is especially germane for Rolls Royce who’ve announced they’re looking at producing a Mobile Small Nuclear Reactor. While thinking this was exactly what a nuclear submarine was – and remains – we’ve been keeping abreast with Rolls Royce work in this field.

Our little tractor would doubtless benefit from a “Back To The Future” type of nuclear device, ideally capable of treating grass cuttings as reaction mass, as it’s now easy to grudge every trip to the local petrol station to fill various fuel cans for various machines. The tractor likes one fuel, the chainsaw and pressure cleaner another, the strimmer yet another special mix, and somehow, they each appear to consume 5 litres per month. Previously this thirst had been ignored but now, the cost has been “noticed”.

All kidding aside, we’re mildly fascinated with Rolls Royce share price movements, entirely due to their nuclear initiative, and shall doubtless cover them in a headline analysis during the coming week.

 

As for Barclays, hopefully they’re also capable of finally doing something useful during August. Near term, above 166p should make an attempt at an initial 169p with secondary, if exceeded, a rather more interesting 177p. Visually, it isn’t difficult to understand why the secondary is of interest, taking the share price above it’s previous two highs and finding itself in a region where a longer term visit to 212p now makes quite a lot of sense.

For everything to now go wrong, the price requires slip below Red on the chart, presently around 150p, to risk triggering reversals to an initial 133p with secondary, if broken, at 119p eventually.

However, we suspect we’ve just seen early signs of an attempt to drive Barclays up to 212p, doubtless not during August.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:57:14PM BRENT 94.09 92.45 91.07 88.16 94.7 96.12 97.25 98.86 93.7 ‘cess
9:59:19PM GOLD 1775.47
10:01:47PM FTSE 7456
10:03:53PM STOX50 3739 ‘cess
10:05:37PM GERMANY 13618 13557 13517 13424 13620 13695 13743 13805 13623
10:17:32PM US500 4144.6 Success
10:19:57PM DOW 32794 Success
10:23:09PM NASDAQ 13208
10:24:58PM JAPAN 28117

 

5/08/2022 FTSE Closed at 7439 points. Change of -0.12%. Total value traded through LSE was: £ 4,284,416,444 a change of -24.22%
4/08/2022 FTSE Closed at 7448 points. Change of 0.04%. Total value traded through LSE was: £ 5,653,918,717 a change of 0.91%
3/08/2022 FTSE Closed at 7445 points. Change of 0.49%. Total value traded through LSE was: £ 5,602,756,478 a change of -3.28%
2/08/2022 FTSE Closed at 7409 points. Change of -0.05%. Total value traded through LSE was: £ 5,792,539,911 a change of 52.35%
1/08/2022 FTSE Closed at 7413 points. Change of -0.13%. Total value traded through LSE was: £ 3,802,113,332 a change of -37.81%
29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%
28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%

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:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:SMT Scottish Mortgage Investment Trust** **

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Updated charts published on : Glencore Xstra, Igas Energy, IG Group, Scottish Mortgage Investment Trust,

LSE:GLEN Glencore Xstra. Close Mid-Price: 466.8 Percentage Change: + 1.53% Day High: 473.8 Day Low: 457.75

Target Met or near enough. All Glencore Xstra needs are mid-price trades A ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 51.1 Percentage Change: + 3.76% Day High: 53.6 Day Low: 49.3

Continued trades against IGAS with a mid-price ABOVE 54 should improve the ……..

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LSE:IGG IG Group Close Mid-Price: 817.5 Percentage Change: -0.06% Day High: 826.5 Day Low: 815.5

In the event of IG Group enjoying further trades beyond 827, the share sho ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 907 Percentage Change: -0.59% Day High: 926.8 Day Low: 899.6

Now above 927 makes a climb to an initial 978 a pretty confident concept. ……..

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

FTSE for Friday & Wall St, a match made in hell

#FTSE #DJI There’s something distinctly strange going on, as evinced by the Bank of England on Thursday. By announcing a long recession, along with the deepest plunge in living standards ever, the organisation gave a subtle hint things may not be rosy for the next 18 months or so. Perhaps politicians shall decide to throw street parties to combat this misery?

The “strange” element of all this gloom is the markets don’t currently seem to be embracing the concept of a recession, perhaps quite the opposite. It may be the case the current boost in corporate profits, due to price gouging, will face payback. With the service sector announcing their worst month, since the pandemic lockdown started, maybe we’re seeing the opening salvo of what’s to come. It’s also quite curious, with Crude Oil prices now flirting with a reversal cycle (ie; Brent Crude to $77 looks possible), we can entertain a faint hope of a reduction in fuel costs. Unfortunately, for this to become a reality, it will require oil refineries to revisit a pricing structure based on greed. Fuel prices will not experience “proper” reversal until such time the cost of cooking a barrel of oil returns to sane levels. The current increase, from pre-pandemic $9 to between $39 and $50 dollars to refine a barrel, may prove difficult to sustain in the face of reduced demand, due to the forecast recession.

From an immediate perspective, Wall St (The Dow Jones Industrial Average, it’s tedious name) is trading around 32,726 at time of writing. This index needs exceed just 32,914 points to suggest coming movement to an initial 33,137 points, a fairly tame increase which simply matches the highs of June. Should such a level be exceeded, our secondary is at 33,758 points, along with a challenge against the Blue downtrend for 2022. It’s interesting, closure above such a level is liable to be game changing, allowing a future cycle toward 36,875 points!

Should everything plan to go pear shaped on Wall St, the index needs below 30,500 points (Red on the chart) to risk a reversal cycle which permits a future 25,600 as a hopeful bottom. Amusingly, should such a level break, an ultimate bottom calculates around 16,000 points, undoing all the gains experienced since Mr Trump became president…

As for the FTSE for Friday, the UK market is proving slightly less optimistic than the US. As usual, there’s a plethora of probable causes, the Conservative Ugly Baby contest, Brexit, Bank of England, August holiday time, or even the weather but, the FTSE has not been holding any lasting upward momentum recently. This week has been as concise in direction as a bluebottle, all calculations suggesting the market should be heading up, the market refusing to co-operate. The immediate situation is pitiful, working out with movement above 7,492 presenting a useless challenge of attaining 7,513 points next. Even our secondary, should such a level be exceeded, is pretty dismal and works out at 7,531 points. About the only hope possible is our theoretical 3rd target level of 7,587 but in a week where only initial targets were being attained, we’re not inclined to any great hope for this ambition.

In addition, there’s now a tiny little problem at 7,410 points.

Should this level break, a reversal cycle to 7,340 looks possible as our initial target. If broken, our secondary calculates at 7,317 points. In this instance, a surprisingly tight stop loss level looks possible around 7,450 points.

Have a good weekend and relax, it’s only another 21 days until the next Grand Prix weekend

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:16:34PM BRENT 93.47 93 92.61 94.22 97.84 99.66 96 Success
9:18:28PM GOLD 1792.53 1766 1755 1774 1795 1805 1775 Success
9:20:23PM FTSE 7435 7416 7399 7444 7466 7482 7442 Shambles
9:22:44PM STOX50 3753 3731 3717 3762 3762 3761 3740 Success
9:24:52PM GERMANY 13655 13613 13544 13691 13796 13851 13601 Success
9:36:07PM US500 4150.97 4133 4119 4159 4171 4179 4144
9:37:38PM DOW 32745 32640 32579 32756 32906 32951 32763
9:39:01PM NASDAQ 13306 13163 13099 13254 13334 13394 13248
9:56:47PM JAPAN 27877 27820 27711 27929 27965 27987 27895 ‘cess

 

4/08/2022 FTSE Closed at 7448 points. Change of 0.04%. Total value traded through LSE was: £ 5,653,918,717 a change of 0.91%
3/08/2022 FTSE Closed at 7445 points. Change of 0.49%. Total value traded through LSE was: £ 5,602,756,478 a change of -3.28%
2/08/2022 FTSE Closed at 7409 points. Change of -0.05%. Total value traded through LSE was: £ 5,792,539,911 a change of 52.35%
1/08/2022 FTSE Closed at 7413 points. Change of -0.13%. Total value traded through LSE was: £ 3,802,113,332 a change of -37.81%
29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%
28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%
27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

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:BT.A British Telecom** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:SRP Serco** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Updated charts published on : BP PLC, British Telecom, Darktrace Plc, Experian, British Airways, Igas Energy, Ocado Plc, Omega Diags, Serco, Vodafone, Zoo Digital,

LSE:BP. BP PLC Close Mid-Price: 408 Percentage Change: -0.66% Day High: 420.85 Day Low: 406.8

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LSE:BT.A British Telecom Close Mid-Price: 156.2 Percentage Change: -3.28% Day High: 157.3 Day Low: 154

If British Telecom experiences continued weakness below 154, it will inva ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 400 Percentage Change: + 0.03% Day High: 402.4 Day Low: 397

In the event of Darktrace Plc enjoying further trades beyond 402.4, the s ……..

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LSE:EXPN Experian. Close Mid-Price: 2927 Percentage Change: + 1.07% Day High: 2946 Day Low: 2884

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LSE:IAG British Airways. Close Mid-Price: 119.5 Percentage Change: + 0.42% Day High: 121.06 Day Low: 118.36

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LSE:IGAS Igas Energy. Close Mid-Price: 49.25 Percentage Change: + 4.34% Day High: 49.9 Day Low: 48.1

Target met. Continued trades against IGAS with a mid-price ABOVE 49.9 sho ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 940 Percentage Change: + 3.05% Day High: 989.6 Day Low: 914

Target met. Further movement against Ocado Plc ABOVE 989.6 should improve ……..

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LSE:ODX Omega Diags Close Mid-Price: 3.17 Percentage Change: -5.93% Day High: 3.35 Day Low: 3.05

Weakness on Omega Diags below 3.05 will invariably lead to 2.5 with secon ……..

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LSE:SRP Serco Close Mid-Price: 183.2 Percentage Change: -0.97% Day High: 199 Day Low: 183.1

Target met. In the event of Serco enjoying further trades beyond 199, the ……..

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LSE:VOD Vodafone Close Mid-Price: 118.64 Percentage Change: -0.19% Day High: 119.12 Day Low: 117.42

Continued weakness against VOD taking the price below 117.42 calculates a ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 142.5 Percentage Change: + 1.79% Day High: 148.5 Day Low: 142.5

Target met. All Zoo Digital needs are mid-price trades ABOVE 148.5 to imp ……..

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

Synthomer Plc, the sticky polymer people

#Brent #SP500 We never expected to be confirming how successful a polymer companies products are but, in the case of Synthomer, we can testify their bitumen adhesive is superb, remaining pliable, waterproof, and is a complete sod to remove from human skin and the hair. Panic reading of the ingredients of the black gloop came with the realisation this very successful British company were involved in the contents. Most of which I was now ‘wearing’.

 

It all started with a good idea, gluing a roll of bitumen sheet to a steel roof, attempting to finally cure the level of condensation inside the shed. One half of the shed was easily treated, the gooey black adhesive painted on and solidly grabbing the roll of roofing bitumen. The rear of the shed was a different story, a spectacular drop available into a stream 12 feet below if the ladders shoogled the wrong way. The suggestion the roofing sheet be treated similar to wall-paper, the adhesive applied to the roll, not to the metal roof, was quickly adopted and within minutes, I was at the top of the ladders, starting to unfold the roofing sheet.

A gust of wind caught the 5 metre sheet, causing it to wrap around the idiot (me) at the top of the ladders, quickly bonding me to the side of the shed, along with the ladders. Utter panic ensued along with a painful realisation this was not a job I should be doing on my own. At least there was very little chance I’d topple backward into the stream below, thanks to the bonding capability of Synthomer’s fabulous product. But unfortunately, wrapped in black sticky glue, the only response was to tear myself out of the wrapping as I didn’t fancy a career as a human burrito.

Once my wife stopped laughing, when I appeared outside the kitchen window, she drove to the local hardware store to buy plenty of paint remover. The latex gloves I’d been wearing were a distant memory, the short sleeved shirt provided zero protection against the black ooze, and thankfully the shorts I’d been wearing were due to be replaced. Several hours later, the worst of the gunge had been removed, a long soak in a hot bath assisted the attempts to get the product out from under my fingernails, and we were confident my hair would grow back as it was decided it was safer to cut the worst off, rather than attempt trying to replace shampoo with paint brush cleaner.

As for Synthomers fundamentals, do your own research! However, from a personal perspective, their product works well but unfortunately, the markets look a bit nervous in the way their share price is moving.

 

Since 2014, there’s been a visual promise the share price has a logical “floor” around 190p and once again, the market is tap dancing at this level. Doubtless, a bunch of folk will be anticipating a bounce anytime soon but unfortunately, we’re starting to develop some doubts. The ongoing problem with “glass ceilings” or “floors” is fairly brutal. They usually break around the 3rd or 4th time they are assaulted. Currently, the price is, for the 3rd time, engaging with this hypothetical floor but unfortunately, the share price has also dripped below the Red uptrend on the chart, a line which dates back to 2009. Basically, all the pieces are in place for a loss of confidence for any immediate bounce.

Thankfully, the curious series of movements since the pandemic hit tend suggest ongoing weakness below 192p should hopefully “only” provoke relaxation to 169p and hopefully a proper recoil. Our secondary target level calculates at 159p, virtually the same number. We literally cannot calculate a bottom number below 159p. This results in a scenario, by our own in-house rules, of a strong expectation for a bounce, ideally just above the 169p level.

In the event everything intends suddenly go right, the price presently needs better Blue on the chart, currently around 260p, to enter a cycle which gives a vague promise of a distant 468p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:49:06PM BRENT 96.87 96.27 95.6 93.2 97.82 98.99 99.65 100.77 97.84 Success
9:51:14PM GOLD 1765
9:55:25PM FTSE 7456 Success
9:58:22PM STOX50 3740 Success
10:42:25PM GERMANY 13624 Success
10:44:47PM US500 4151.52 4123 4110 4091 4139 4159 4174 4187 4141 Success
10:47:04PM DOW 32806 Success
11:18:01PM NASDAQ 13221 Success
11:19:59PM JAPAN 27995 Success
3/08/2022 FTSE Closed at 7445 points. Change of 0.49%. Total value traded through LSE was: £ 5,602,756,478 a change of -3.28%
2/08/2022 FTSE Closed at 7409 points. Change of -0.05%. Total value traded through LSE was: £ 5,792,539,911 a change of 52.35%
1/08/2022 FTSE Closed at 7413 points. Change of -0.13%. Total value traded through LSE was: £ 3,802,113,332 a change of -37.81%
29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%
28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%
27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%
26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

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:CBX Cellular Goods** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:PMG Parkmead** **LSE:TRN The Trainline** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BP PLC, Cellular Goods, Darktrace Plc, Experian, IG Group, International Personal Finance, Ocado Plc, Omega Diags, Parkmead, The Trainline, Zoo Digital,

LSE:BP. BP PLC. Close Mid-Price: 410.7 Percentage Change: + 1.82% Day High: 416 Day Low: 402.4

Further movement against BP PLC ABOVE 416 should improve acceleration tow ……..

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LSE:CBX Cellular Goods Close Mid-Price: 2.1 Percentage Change: -25.00% Day High: 3.05 Day Low: 2.05

All Cellular Goods needs are mid-price trades ABOVE 3.05 to improve accel ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 399.9 Percentage Change: + 4.74% Day High: 399.8 Day Low: 377.3

Target met. Further movement against Darktrace Plc ABOVE 399.8 should imp ……..

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LSE:EXPN Experian. Close Mid-Price: 2896 Percentage Change: + 1.44% Day High: 2893 Day Low: 2840

Continued trades against EXPN with a mid-price ABOVE 2893 should improve ……..

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LSE:IGG IG Group. Close Mid-Price: 814 Percentage Change: + 2.58% Day High: 820 Day Low: 787.5

In the event of IG Group enjoying further trades beyond 820, the share sh ……..

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LSE:IPF International Personal Finance Close Mid-Price: 105 Percentage Change: -0.94% Day High: 109 Day Low: 99.1

Further movement against International Personal Finance ABOVE 109 should ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 912.2 Percentage Change: + 4.90% Day High: 919.4 Day Low: 857

All Ocado Plc needs are mid-price trades ABOVE 919.4 to improve accelerat ……..

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LSE:ODX Omega Diags. Close Mid-Price: 3.38 Percentage Change: + 5.47% Day High: 3.8 Day Low: 3.35

Further movement against Omega Diags ABOVE 3.8 should improve acceleratio ……..

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LSE:PMG Parkmead. Close Mid-Price: 79 Percentage Change: + 7.63% Day High: 79.6 Day Low: 73

Target met. All Parkmead needs are mid-price trades ABOVE 79.6 to improve ……..

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LSE:TRN The Trainline Close Mid-Price: 401.4 Percentage Change: -1.62% Day High: 416.3 Day Low: 397.8

Target met. In the event of The Trainline enjoying further trades beyond ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 140 Percentage Change: + 4.48% Day High: 140 Day Low: 134

Continued trades against ZOO with a mid-price ABOVE 140 should improve th ……..

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

Transocean Ltd, about to surface after Deepwater Horizon?

#Stoxx50 #NK225 As one of the guilty party in the Deepwater Horizon debacle, Transocean share price has taken a little hit since 2010. The corrosion of their share price has actually been worse, the rot starting in 2008 and proving pretty relentless in the years since. However, something interesting appears to be happening, share price movements worth paying attention to.

The Blue line on the chart below dates all the way back 14 years and suddenly, the stock market decided the share price deserved being gapped up above this long term historical downtrend. Equally puzzling, the presence of the Red uptrend since 2020’s pandemic lows. As the chart inset shows, the share price was also gapped up, regaining this uptrend.

Usually, in the grand scheme of things, we get quite exciting when a price is gapped up above its Red uptrend, this generally providing a reliable signal for happy times ahead. We’re always slightly less optimistic, when a price is gapped above a Blue downtrend, this sort of movement often being at the mercy of overall market conditions before things come to fruition. In this particular case, we’re at a loss as we cannot recall an instance when both things happened at the same time.

Maybe it’s an indicator the market is finally forgiving Transocean for trying to burn down the world and instead, is hoping the company intends set fire to the stock market!

The immediate situation certainly allows for some real optimism, suggesting ongoing traffic above $4 should trigger price recovery to an initial $5 next. If exceeded, our longer term secondary calculation works out at a visually sane $7.3. The picture from the chart certainly suggests a risk of hesitation, should $7.3 make an appearance.

 

For everything to go as badly as the companies attempts to cap an oil well in the Mexican Gulf, the share price now needs drip below $2.4 as this would transport it into a zone where “bottom” calculates as a visit to $1.12.

We really suspect Transocean Ltd should prove worth watching in the weeks and months ahead.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:05:26PM FTSE 7394
9:08:19PM BRENT 99.93 Success
9:10:46PM GOLD 1761.44 Success
9:13:27PM STOX50 3679 3661 3656 3631 3685 3702 3712 3729 3676 Success
9:16:42PM GERMANY 13421 ‘cess
9:19:01PM US500 4091
9:42:52PM DOW 32410 Success
9:44:58PM NASDAQ 12891
9:46:54PM JAPAN 27739 27716 27678 27598 27824 27884 27920 27978 27760

 

1/08/2022 FTSE Closed at 7413 points. Change of -0.13%. Total value traded through LSE was: £ 3,802,113,332 a change of -37.81%
29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%
28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%
27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%
26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%
25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

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:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:PMG Parkmead** **LSE:TRN The Trainline** **

********

Updated charts published on : Asos, Avacta, BALFOUR BEATTY, BP PLC, Cellular Goods, Igas Energy, International Personal Finance, Parkmead, The Trainline,

LSE:ASC Asos Close Mid-Price: 1002 Percentage Change: -3.47% Day High: 1043 Day Low: 972

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LSE:AVCT Avacta. Close Mid-Price: 120 Percentage Change: + 7.91% Day High: 122 Day Low: 112

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 281.2 Percentage Change: -0.50% Day High: 287.2 Day Low: 280.8

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LSE:BP. BP PLC. Close Mid-Price: 403.35 Percentage Change: + 2.80% Day High: 411.1 Day Low: 401.65

Continued trades against BP. with a mid-price ABOVE 411.1 should improve ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 2.8 Percentage Change: + 80.65% Day High: 2.9 Day Low: 1.55

Target met. Further movement against Cellular Goods ABOVE 2.9 should impr ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 44.1 Percentage Change: + 6.27% Day High: 45.4 Day Low: 41

Target met. In the event of Igas Energy enjoying further trades beyond 45 ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 106 Percentage Change: + 6.00% Day High: 105 Day Low: 99.9

Target met. Continued trades against IPF with a mid-price ABOVE 105 shoul ……..

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LSE:PMG Parkmead. Close Mid-Price: 73.4 Percentage Change: + 12.75% Day High: 76.4 Day Low: 66.8

Target met. In the event of Parkmead enjoying further trades beyond 76.4, ……..

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LSE:TRN The Trainline. Close Mid-Price: 408 Percentage Change: + 1.39% Day High: 410.2 Day Low: 398.4

Continued trades against TRN with a mid-price ABOVE 410.2 should improve ……..

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

AFC Energy, the place for Top Gear…

#Gold #WallSt For some reason, the location of Top Gears racing track was never of interest, often the backdrop of interesting aircraft proving more interesting than a celebrity giving their excuses for a terrible lap before their circuit is complete. A personal guilty secret; despite hating flying, I’m an utter aircraft nerd. Discovering AFC Energy are based at Dunsfold Aerodrome provoked a surge of envy, a working environment surrounded by interesting planes, along with fast cars constantly trying to do decent lap times.

But despite their enviable location, we must concede AFC appear to be doing solid work in the hydrogen fuel cell department, if their website is to be believed. Of all the green initiatives, anything which involves hydrogen, regarded as the most abundant element in the universe, deserves close attention.

 

Since 2009, AFC’s share price has enjoyed a roller coaster ride, lots of false starts and sharp reversals tending indicate they’ve been the focus of internet chatroom ‘enhanced optimism’ campaigns. Even the recent surge to 92p in 2020 appears to be suffering the usual payback, the price currently at 26p and making us question whether the recent slip down to 19p shall be regarded as “bottom”. We certainly hope so as the only drop target we can now calculate below 19p is prefaced with a minus sign!

Our suspicion is the price has bottomed on the current cycle, making us think 28.5p can be viewed as a potential trigger, one which if bettered allows for gains in the direction of a near term 33p. In the event 33p is exceeded, our secondary calculates at 38p, returning the price above a prior, argumentative, uptrend.

Thanks to AFC’s historical shenanigans, there are now some fascinating potentials we can give, should 38p be exceeded sometime in the future. We could tie ourselves in knots trying to explain a stream of different numbers but, essentially, with closure above 38p, the share price makes a careful step into territory where a phase of growth to a future 115p calculates as possible, a new all time high.

If we judge by the emails received, it appears a few folk think “something” is happening with AFC and as a result, it’s probably worth keeping an eye on them.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:51:38PM BRENT 99.9 Success
9:54:33PM GOLD 1772.43 1758 1755 1748 1767 1776 1779 1784 1766 ‘cess
9:58:59PM FTSE 7415 ‘cess
10:16:15PM STOX50 3711
10:18:20PM GERMANY 13486 Sorry
10:19:56PM US500 4120 ‘cess
10:21:55PM DOW 32804 32637 32540 32397 32828 32971 32998 33102 32804
10:24:30PM NASDAQ 12952 ‘cess
10:26:02PM JAPAN 27896
1/08/2022 FTSE Closed at 7413 points. Change of -0.13%. Total value traded through LSE was: £ 3,802,113,332 a change of -37.81%
29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%
28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%
27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%
26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%
25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%
22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

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:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:TRN The Trainline** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BALFOUR BEATTY, Caspian, Cellular Goods, Genel, Glencore Xstra, HSBC, Igas Energy, International Personal Finance, IQE, Natwest, Ocado Plc, The Trainline, Zoo Digital,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 282.6 Percentage Change: + 0.71% Day High: 284.2 Day Low: 278.6

Continued trades against BBY with a mid-price ABOVE 284.2 should improve ……..

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LSE:CASP Caspian Close Mid-Price: 3.3 Percentage Change: -1.49% Day High: 3.35 Day Low: 3.25

If Caspian experiences continued weakness below 3.25, it will invariably ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 1.55 Percentage Change: + 29.17% Day High: 1.6 Day Low: 1.15

Target met. In the event of Cellular Goods enjoying further trades beyond ……..

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LSE:GENL Genel. Close Mid-Price: 145.8 Percentage Change: + 0.55% Day High: 150 Day Low: 145

All Genel needs are mid-price trades ABOVE 150 to improve acceleration to ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 460.7 Percentage Change: -0.25% Day High: 472.75 Day Low: 455.35

All Glencore Xstra needs are mid-price trades ABOVE 472.75 to improve acc ……..

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LSE:HSBA HSBC. Close Mid-Price: 545.2 Percentage Change: + 6.13% Day High: 557.8 Day Low: 536.2

Continued trades against HSBA with a mid-price ABOVE 557.8 should improve ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 41.5 Percentage Change: + 8.50% Day High: 41.6 Day Low: 39

Further movement against Igas Energy ABOVE 41.6 should improve accelerati ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 100 Percentage Change: + 3.95% Day High: 100 Day Low: 93

All International Personal Finance needs are mid-price trades ABOVE 100 t ……..

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LSE:IQE IQE. Close Mid-Price: 44.55 Percentage Change: + 1.48% Day High: 45.2 Day Low: 44.35

Continued trades against IQE with a mid-price ABOVE 45.2 should improve t ……..

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LSE:NWG Natwest. Close Mid-Price: 251.7 Percentage Change: + 1.25% Day High: 255.7 Day Low: 250

Continued trades against NWG with a mid-price ABOVE 255.7 should improve ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 876 Percentage Change: + 4.36% Day High: 888.2 Day Low: 828.6

In the event of Ocado Plc enjoying further trades beyond 888.2, the share ……..

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LSE:TRN The Trainline. Close Mid-Price: 402.4 Percentage Change: + 1.56% Day High: 403.1 Day Low: 394.7

All The Trainline needs are mid-price trades ABOVE 403.1 to improve accel ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 136 Percentage Change: + 6.67% Day High: 137.5 Day Low: 127.5

Target met. Further movement against Zoo Digital ABOVE 137.5 should impro ……..

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

Thinking the unthinkable about Natwest (NWG.L)

#Brent #Dax

As the entire nation rejoices at Boris Johnston successfully getting someone else to pay for his wedding party, we can sidle into the holiday month with another miracle, mostly un-noticed. Natwest achieved our 248p target from 3 weeks ago, quite literally opting to close the final trading day of July exactly at our target level. As they say in Scotland, “our gobs were smacked!”

It’s worth paying a little attention to movements in the preceding week. Monday proved some early interest, the share price closing the session at 230.2p, just 2/10th of a penny above our trigger level but hey, we’ll take it, the scene effectively set for what was coming. Their Interim Results on Friday thus fell on fertile ground, higher operating profits and a lift in dividend jollying up the party quite nicely. It all proved quite surreal, the share price closing on Thursday at exactly our 230p trigger, then closing on Friday at our 248p target, also achieving a day high of 251.9p. Perhaps very importantly, Natwest share price has now closed a session above Blue on the chart, a downtrend which dates back to 2015. Currently this trend line is sitting around 247.149p, therefore we’re allowed to express further optimism due to the market closing the day at 248.6p.

Folk of a fragile nature may with to sit down for the next bit…

 

Apparently, now above 252p threatens triggering further recovery to an initial 268p. If exceeded, our secondary calculation works out at 281p.

Either one of these target levels “risks” proving quite significant for the longer term, each hopefully capable of permitting the share price to actually CLOSE a session above 257p. From a really big picture perspective, this is liable to prove quite a big deal, doing the unthinkable by elevating a UK retail bank into the realms of three previously unspeakable words. Long Term Hold. All joking aside, closure above 257p allows us to discuss Natwest at 400p without a giggle similar to describing Max Verstappen as 2021’s Formula 1 World Champion.

 

We’d be remiss if we didn’t dilute this drooling optimism with some common sense. Natwest needs slump below Red (210p) to spoil all the above calculations.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
3:16:36PM BRENT 103.91 101.9 101.5 99.8 103.08 106.6 106.91 108.29 104.6 Success
3:24:38PM GOLD 1766 ‘cess
3:51:36PM FTSE 7450 ‘cess
3:56:30PM STOX50 3730 ‘cess
2:39:04PM GERMANY 13546 13336 13280 13189 13450 13553 13624 13709 13407 ‘cess
2:51:12PM US500 4129.57 ‘cess
2:55:51PM DOW 32852 ‘cess
3:00:00PM NASDAQ 12949 ‘cess
29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%
28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%
27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%
26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%
25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%
22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%
21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

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:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BALFOUR BEATTY, BP PLC, British Telecom, Caspian, Diageo, Experian, Glencore Xstra, IG Group, International Personal Finance, IQE, Intertek, Natwest, OPG Power Ventures, Parkmead, Spirax, Serco, The Trainline, Taylor Wimpey, Vodafone, Zoo Digital,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 280.6 Percentage Change: + 1.96% Day High: 282.8 Day Low: 276.6

Further movement against BALFOUR BEATTY ABOVE 282.8 should improve accele ……..

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LSE:BP. BP PLC. Close Mid-Price: 400 Percentage Change: + 2.72% Day High: 404.88 Day Low: 386.15

In the event of BP PLC enjoying further trades beyond 404.88, the share s ……..

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LSE:BT.A British Telecom Close Mid-Price: 161.8 Percentage Change: -0.03% Day High: 165.1 Day Low: 154.75

Target met. Continued weakness against BT.A taking the price below 154.75 ……..

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LSE:CASP Caspian Close Mid-Price: 3.35 Percentage Change: -2.90% Day High: 3.45 Day Low: 3.35

In the event Caspian experiences weakness below 3.35 it calculates with a ……..

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LSE:DGE Diageo. Close Mid-Price: 3882 Percentage Change: + 0.44% Day High: 3930 Day Low: 3872.5

In the event of Diageo enjoying further trades beyond 3930, the share sho ……..

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LSE:EXPN Experian. Close Mid-Price: 2863 Percentage Change: + 1.89% Day High: 2883 Day Low: 2791

All Experian needs are mid-price trades ABOVE 2883 to improve acceleratio ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 461.85 Percentage Change: + 2.78% Day High: 463.6 Day Low: 439

Continued trades against GLEN with a mid-price ABOVE 463.6 should improve ……..

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LSE:IGG IG Group. Close Mid-Price: 796 Percentage Change: + 0.51% Day High: 810 Day Low: 790

Target met. All IG Group needs are mid-price trades ABOVE 810 to improve ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 96.2 Percentage Change: + 3.44% Day High: 97 Day Low: 94.9

Further movement against International Personal Finance ABOVE 97 should i ……..

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LSE:IQE IQE. Close Mid-Price: 43.9 Percentage Change: + 1.97% Day High: 44.25 Day Low: 43.05

All IQE needs are mid-price trades ABOVE 44.25 to improve acceleration to ……..

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LSE:ITRK Intertek Close Mid-Price: 4376 Percentage Change: -1.97% Day High: 4411 Day Low: 4085

Target met. Continued weakness against ITRK taking the price below 4085 c ……..

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LSE:NWG Natwest. Close Mid-Price: 248.6 Percentage Change: + 8.09% Day High: 251.9 Day Low: 243.7

Target met. Further movement against Natwest ABOVE 251.9 should improve a ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 7.05 Percentage Change: + 4.44% Day High: 7.2 Day Low: 6.75

In the event of OPG Power Ventures enjoying further trades beyond 7.2, th ……..

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LSE:PMG Parkmead. Close Mid-Price: 67 Percentage Change: + 3.08% Day High: 70.8 Day Low: 64

Target met. Continued trades against PMG with a mid-price ABOVE 70.8 shou ……..

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LSE:SPX Spirax. Close Mid-Price: 11935 Percentage Change: + 2.89% Day High: 12045 Day Low: 11665

Target met. All Spirax needs are mid-price trades ABOVE 12045 to improve ……..

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LSE:SRP Serco. Close Mid-Price: 188.3 Percentage Change: + 0.32% Day High: 190.3 Day Low: 187.5

Target met. Further movement against Serco ABOVE 190.3 should improve acc ……..

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LSE:TRN The Trainline. Close Mid-Price: 396.2 Percentage Change: + 3.80% Day High: 395 Day Low: 380.1

Further movement against The Trainline ABOVE 395 should improve accelerat ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 127.1 Percentage Change: + 0.55% Day High: 129 Day Low: 126.25

Continued trades against TW. with a mid-price ABOVE 129 should improve th ……..

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LSE:VOD Vodafone. Close Mid-Price: 120.8 Percentage Change: + 1.68% Day High: 122.02 Day Low: 117.98

If Vodafone experiences continued weakness below 117.98, it will invariab ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 127.5 Percentage Change: + 2.00% Day High: 131 Day Low: 125

In the event of Zoo Digital enjoying further trades beyond 131, the share ……..

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