Trends And Targets

#FTSE #GOLD

There are lots of instances of “Just because you can, doesn’t mean you should”. Personally, reaching a new level of idiocy didn’t surprise my immediate family. A few months ago, I’d a great idea to build a zero budget rock tumbler, using the guts on an old microwave. The device has proven a success with only on little problem.

At no point, had a shortage of polished rocks been identified in my life.

Now, after several months of listening to the machine grinding away in the shed, a little treasure trove of polished quartz, jet, and varied funny looking stones now fill a large jar in the shed and I’ve no idea what to do with them. Grand-daughters are not interested, wife is especially not interested, and daughter thinks I got carried away with a “proof of concept good idea”. She’s right, the plate turning part of a microwave can indeed be butchered to create the core of a Rock Tumbler. But unless you’ve ever had a craving for shiny little rocks, why bother?

Obviously, for foregoing has quite a lot to do with the stock market. A “just because you can, doesn’t mean you should” moment.

 

Circled on the chart below, a movement the FTSE made a few weeks ago, where during the session the index explored life below the Red uptrend since 2020. But importantly, the session closed without the value of the index below Red. As mentioned previously, we regard this sort of thing as a warning for impending trouble and in the case of the FTSE, rather than rushing out an opening a blind short position, it’s perhaps worth considering thinking about things.

From a sanity perspective, we’d be inclined to take the reversal seriously, ONLY if the value of the FTSE manages below that achieved on the day of the trend break. This implies a demand the FTSE fall below 7007 as this risks triggering reversal to an initial modest 6966 points. If broken, our secondary (and expected bouncy bottom) calculates down at 6720 points. If triggered, the tightest stop in this scenario works out at an attractive 7065 points.

 

More likely, from a near term perspective, it looks like movement next above 7275 points should attempt 7327 points, challenging the immediate Blue downtrend since the start of June. Our secondary, should 7327 be exceeded, is quite amazing, calculating 99 points higher at 7426 points. This secondary is quite a big deal, placing the index in a zone where a longer term attempt at 7683 looks possible, matching the market highs for 2022.

Currently, there are plenty of arguments favouring market reversals expect, perhaps, the most important one. The market isn’t reversing!

 

Some Gold Thoughts (PM:XAUUSD) The value of Gold experienced a movement on Thursday 21st July, the sort of thing we tend associate with the Silver market – which we refuse to cover due to suspected manipulation making it dangerous to trade.

For Gold, there was an obvious drop trigger level at 1682 points, the market sleepily wandering a couple of dollars below the trigger before someone noticed. It’s not difficult to imagine someone shouting across the office, “Get Gold Back Up!” as within minutes, the price of Gold rose by $10, back to the level it started the session and pausing briefly at $1692 dollars.

After tentatively asking, “Is that enough?”, someone shouted “Go Higher, it’ll make it harder to fall” and within minutes, a further $20 was poured onto the value of Gold, completely at odds with any conventional movement logic.

The events proved especially irritating, due to us receiving a flurry of emails during the morning session, asking us for a Big Picture review of Gold, due to the price looking especially weak. This set the scene for horror, the market going crackers in real time while we worked, utterly spoiling every immediate scenario. It truly was not difficult to imagine a moment of panic, when the market realised what could potentially occur with the Gold price.

What could occur?

We had a scenario where below $1682 allowed a modest reversal to $1677. The big problem occurred, should $1677 break as the gold price would enter a zone, now calculating with an eventual bottom at $1548, a massive drop. Should our suspicion be correct, this was the reason for the panic recovery, the market unwilling to have the price of gold steal all the headlines for Friday.

We’re not convinced the danger has passed, Gold currently needing above $1790 to move into a place of safety.

Near term, above 1723 calculates with the potential of a gain to 1747 with secondary, if exceeded, an eventual 1808 dollars. We’re not convinced.

Have a good ‘le week-end’ and enjoy the French Grand Prix, sometimes one of the better races.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:55:53PM	BRENT	100.7	98.23	97.58		101.51	101.5	101.98		100.28	‘cess
9:57:31PM	GOLD	1720.16	1685	1679		1694	1721	1729.5		1709	Shambles
9:59:33PM	FTSE	7277.67	7249	7232		7273	7303	7335		7254	‘cess
10:01:08PM	STOX50	3593	3542	3522		3572	3616	3628		3580
10:03:04PM	GERMANY	13221	13099	12961		13272	13369	13390		13236	‘cess
10:06:00PM	US500	3989	3918	3887		3968	4001	4045		3944	‘cess
10:32:17PM	DOW	32013	31517	31428		31850	32055	32186		31829	Shambles
10:36:19PM	NASDAQ	12534	12345	12286		12477	12695	12633		12515	‘cess
10:39:12PM	JAPAN	27859	27709	27563		27781	27897	27999		27727	Success

 

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%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

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:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Asos, Darktrace Plc, MAN, Experian, IG Group, Spirax, Taylor Wimpey, Zoo Digital,

LSE:ASC Asos. Close Mid-Price: 1123 Percentage Change: + 2.46% Day High: 1153 Day Low: 1078

Target Met. In the event of Asos enjoying further trades beyond 1153, the ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 369.5 Percentage Change: + 0.14% Day High: 380 Day Low: 368.6

All Darktrace Plc needs are mid-price trades ABOVE 380 to improve acceler ……..

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LSE:EMG MAN. Close Mid-Price: 274.9 Percentage Change: + 2.35% Day High: 276 Day Low: 266.9

Further movement against MAN ABOVE 276 should improve acceleration toward ……..

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LSE:EXPN Experian. Close Mid-Price: 2835 Percentage Change: + 2.75% Day High: 2858 Day Low: 2775

In the event of Experian enjoying further trades beyond 2858, the share s ……..

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LSE:IGG IG Group. Close Mid-Price: 783 Percentage Change: + 10.05% Day High: 790 Day Low: 714

All IG Group needs are mid-price trades ABOVE 790 to improve acceleration ……..

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LSE:SPX Spirax. Close Mid-Price: 11330 Percentage Change: + 3.99% Day High: 11345 Day Low: 10935

Continued trades against SPX with a mid-price ABOVE 11345 should improve ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 125.9 Percentage Change: + 2.99% Day High: 126.1 Day Low: 122.35

Further movement against Taylor Wimpey ABOVE 126.1 should improve acceler ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 123 Percentage Change: + 0.00% Day High: 124 Day Low: 123

In the event of Zoo Digital enjoying further trades beyond 124, the share ……..

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

#Brent #NK225

Abrdn Plc, previously known as Standard Life Aberdeen, possibly enjoy one of the most boring Wikipedia pages for a company which is a core member of the FTSE 100. Usually, there are scraps of gossip, hints of a little corruption, mentions of court cases. But Abrdn (pronounced Aberdeen) appear to be quite staid and sober.

Aside from their name, 5 letters and useless for Wordle, there seems to be nothing to criticise. Though, had Wikipedia been honest, they could have mentioned the absolute nightmare of parking anywhere close to the companies prestigious Edinburgh address, an area aggressively patrolled by battalions of goose stepping traffic wardens. The only other thing to dislike is the company share price movements over the last year.

Curiously, we often moan about breaks below a major trend line often proving to be an early warning of impending trouble and, in the case of Abrdn, the chart inset shows exactly such a calamity in March this year. On the 7th and 8th of the month, the share price twice ventured below the long term uptrend, one which also dates back 13 years to March 9th, 2009. But despite intraday traffic below this particular trend, extreme care was taken to ensure the price closed above the trend during each session.

This movement certainly justified a raised eyebrow as the market looked like it had plans for Abrdn share price. Had we just spotted a genuine signal for some future reversals?

It took until June before the share price finally enacted firm reversals below the trend.

The situation now suggests further weakness below 148p could reach 137p, a price level by which we’d hope for a strong and solid bounce. Our longer term secondary target in this instance works out at 83p. But there’s a massive danger if the price wanders below 137p as we calculate it as entering a zone where our “ultimate bottom” paints a line at an absurd and impossible looking 15p!

 

However, Abrdn Plc are hopefully unlikely to follow the example being set by the UK’s banking sector, ideally proving capable of the market noticing the predicament it has placed the share price in, thereby enacting emergency recovery to back away from the danger. In this scenario, we shall take movement above just 165.5p as providing the first signs of confidence as this should trigger a surge to an initial 179p with secondary, if bettered, calculating at 195p, a true “step away from the ledge” moment.

We shall need revisit our calculations, should 195p make an appearance.

For this reason, we suspect Abrdn shall prove worth watching anytime now.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:39:30PM	BRENT	103.36	101.9	99.59	85.19	104.75	104.23	104.995	106.01	103.3
9:41:10PM	GOLD	1696.24									Success
9:43:56PM	FTSE	7248.21									‘cess
9:45:48PM	STOX50	3565.3
9:47:44PM	GERMANY	13194
10:12:28PM	US500	3952									‘cess
10:14:33PM	DOW	31824									‘cess
10:17:03PM	NASDAQ	12402									Success
10:19:09PM	JAPAN	27559	27474	27405	27289	27600	27752	27783	27885	27584	Success

 

 

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%

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:CNA Centrica** **LSE:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:LLOY Lloyds Grp.** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Asos, Carnival, Centrica, Capita, Darktrace Plc, MAN, Experian, Lloyds Grp., Polymetal, Rolls Royce, Spirax, Taylor Wimpey, Vodafone, Zoo Digital,

LSE:ASC Asos. Close Mid-Price: 1096 Percentage Change: + 5.49% Day High: 1105 Day Low: 1032

Target Met. This appears almost on the very of useful, needing above 1105 ……..

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LSE:CCL Carnival. Close Mid-Price: 781.6 Percentage Change: + 5.17% Day High: 786.2 Day Low: 739.4

Currently allowing mild optimism, CCL moving above 787 should promote reco ……..

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LSE:CNA Centrica Close Mid-Price: 87.82 Percentage Change: -0.86% Day High: 90.04 Day Low: 87.16

All Centrica needs are mid-price trades ABOVE 90.05 to improve acceleratio ……..

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LSE:CPI Capita. Close Mid-Price: 29.28 Percentage Change: + 2.74% Day High: 29.42 Day Low: 28.26

In the event of Capita enjoying further trades beyond 30, the share should ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 369 Percentage Change: + 4.98% Day High: 367.8 Day Low: 353.2

Now above 370 suggests the potential of recovery to 396 with secondary, if ……..

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LSE:EMG MAN. Close Mid-Price: 268.6 Percentage Change: + 1.44% Day High: 269.6 Day Low: 264.3

Continued trades against EMG with a mid-price ABOVE 270 should improve the ……..

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LSE:EXPN Experian Close Mid-Price: 2759 Percentage Change: -0.76% Day High: 2802 Day Low: 2755

Continued trades against EXPN with a mid-price ABOVE 2803 should improve t ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 43.45 Percentage Change: -1.41% Day High: 44.42 Day Low: 43.07

Further movement against Lloyds Grp. ABOVE 44.5 should improve acceleratio ……..

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LSE:POLY Polymetal Close Mid-Price: 225 Percentage Change: -4.30% Day High: 270 Day Low: 210

“They” appear to be teasing with this but movement now above 270p apparent ……..

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LSE:RR. Rolls Royce Close Mid-Price: 92.03 Percentage Change: -1.94% Day High: 94.8 Day Low: 91.58

All Rolls Royce needs are mid-price trades ABOVE 95 to improve acceleratio ……..

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LSE:SPX Spirax. Close Mid-Price: 10895 Percentage Change: + 0.74% Day High: 10980 Day Low: 10800

Target Met. Now above 10980 calculates with the potential of 11566 next wi ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 122.25 Percentage Change: + 1.33% Day High: 122.2 Day Low: 120.1

Continued trades against TW. with a mid-price ^ABOVE 123 should improve th ……..

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LSE:VOD Vodafone Close Mid-Price: 129.26 Percentage Change: -1.33% Day High: 132.04 Day Low: 129.34

Target Met. Now above 132.1 should trigger 134.7 next with secondary, if b ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 123 Percentage Change: + 4.24% Day High: 123 Day Low: 118

Ongoing traffic above 123 remains pointing at an initial 133 with secondar ……..

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

#FTSE #WallSt

At time of writing (10pm), the temperature outside in our bit of Scotland is 12c. And it’s windy, also raining occasionally. It’d be easy to be blasé about the weather elsewhere, except for the troublesome detail of experiencing unpleasant 29c earlier in the day, provoking a meltdown worthy of Boohoo’s share price.

 

When we previously reviewed Boohoo last October, when the price was 277p, we wrote;

”

We find ourselves in the ridiculous position of being forced to mention the lowest we can calculate is 65p.”

Alas, the share price has endured a painful journey, eventually hitting and breaking our 65p, currently trading at 60p!

 

There are some early signs, the online shopping company faces slight improvement in their share price as above just 61.5p calculates with the potential of price recovery to an initial 69p. If exceeded, our longer term secondary works out at a more encouraging 79p.

When viewing the chart for the last few years, these target levels hardly deserve any sort of headline billing (unlike the weather) as visually, the share price now needs trade above 100p to be taken seriously, exceeding a glass ceiling which has formed this year and giving some reasonable hope for a future of sorts. Unfortunately, it’s also a worry the share price has closed, repeatedly, below our 65p as optimism can prove difficult in such a scenario.

The Big Picture situation is now pretty risky, weakness below 52p threatening reversal to an initial 39p with secondary, if broken, at a new “ultimate bottom” price level of just 7p. Which would be a big boohoo for Boohoo investors…

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:45:10PM	BRENT	104.11
9:47:50PM	GOLD	1711
9:50:11PM	FTSE	7332	7267	7255	7228	7307	7338	7345	7369	7283	‘cess
9:53:39PM	STOX50	3604.7									Success
9:56:15PM	GERMANY	13364									Success
10:19:35PM	US500	3943									Success
10:21:44PM	DOW	31860	31059	30864	30526	31258	31881	31903	32034	31733	‘cess
10:24:48PM	NASDAQ	12303									Success
10:26:37PM	JAPAN	27385									Shambles

 

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%

11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%

 

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:CPI Capita** **LSE:EMG MAN** **LSE:LLOY Lloyds Grp.** **LSE:PPC President Energy** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Capita, MAN, Lloyds Grp., President Energy, Rolls Royce, Taylor Wimpey,

LSE:ASC Asos. Close Mid-Price: 1039 Percentage Change: + 2.36% Day High: 1041 Day Low: 989.5

Further movement against Asos ABOVE 1041 should improve acceleration towa ……..

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LSE:CPI Capita. Close Mid-Price: 28.5 Percentage Change: + 4.47% Day High: 28.58 Day Low: 26

In the event of Capita enjoying further trades beyond 28.58, the share sh ……..

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LSE:EMG MAN. Close Mid-Price: 264.8 Percentage Change: + 2.40% Day High: 265.6 Day Low: 257.3

Continued trades against EMG with a mid-price ABOVE 265.6 should improve ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 44.07 Percentage Change: + 3.02% Day High: 44.34 Day Low: 42.78

Further movement against Lloyds Grp. ABOVE 44.34 should improve accelerat ……..

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LSE:PPC President Energy Close Mid-Price: 1.27 Percentage Change: -0.39% Day High: 1.27 Day Low: 1.25

Weakness on President Energy below 1.25 will invariably lead to 1.2 with ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 93.85 Percentage Change: + 1.80% Day High: 94.39 Day Low: 90.27

Target met. All Rolls Royce needs are mid-price trades ABOVE 94.39 to imp ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 120.65 Percentage Change: + 1.17% Day High: 121.2 Day Low: 118.1

Continued trades against TW. with a mid-price ABOVE 121.2 should improve ……..

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

#Gold #SP500

The temperature on Monday made us assume most folk would start the week without being too fascinated with the markets but, a flurry of emails regarding Deltic proved this was not the case. However, we’re not inclined to search for big words to pad out this report into the company formerly known as Cluff.

Even here in Argyll, it’s rather hot, our infrastructure not in any way inclined toward dealing with hot days but finally, discovered what the AC button on the Toyota is for. Thankfully, writing this from inside a running car hasn’t proven necessary this evening, a slight breeze coming in from the sea has reduced the temperature down to a manageable 14c currently.

 

Without a doubt, something interesting is going on with Deltic. Presently trading around 2.9p, the share need only exceed last weeks 3.15p to hopefully trigger further growth to an interesting 3.28p. Should this level be bettered, our secondary calculates as an all time high (under the name Deltic) of 4p, an ambition which rather neatly matches a glass ceiling which existed for Cluff since 2017. To become seriously excited for the long term prospects, the share price needs actually CLOSE above 4p, the almost allowing the price to effectively double again from current levels.

Alas, for now, despite it looking fairly encouraging, 4p provides about the sanest target level.

 

If everything intends go wrong, closure below 2.7p would provide potentially early warning as it’d tend scrub our immediate upward calculations. But the price would need trade below 2.25p to really indulge in concern, calculating with the potential of reversal to an initial 1.42p with secondary, if broken, at a hopeful bottom of 1p.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:12PM	BRENT	102.85									‘cess
9:48:00PM	GOLD	1709.17	1706	1701	1693	1714	1723	1726	1736	1711	‘cess
9:50:59PM	FTSE	7189.27									Success
9:53:38PM	STOX50	3486									Success
9:57:12PM	GERMANY	12878									‘cess
10:01:22PM	US500	3836	3817	3807	3774	3835	3854	3868	3885	3839	Success
10:04:20PM	DOW	31087									‘cess
10:06:25PM	NASDAQ	11890									Success
10:08:42PM	JAPAN	26947

 

 

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%

11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%

8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

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:AML Aston Martin** **LSE:AZN Astrazeneca** **LSE:BT.A British Telecom** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:PPC President Energy** **LSE:TRN The Trainline** **

********

Updated charts published on : Aston Martin, Astrazeneca, British Telecom, Centrica, Experian, Just Eat, Parkmead, President Energy, The Trainline,

LSE:AML Aston Martin. Close Mid-Price: 608.8 Percentage Change: + 32.55% Day High: 629.8 Day Low: 453.2

Target met. Further movement against Aston Martin ABOVE 629.8 should impr ……..

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LSE:AZN Astrazeneca Close Mid-Price: 11096 Percentage Change: -0.13% Day High: 11288 Day Low: 11044

All Astrazeneca needs are mid-price trades ABOVE 11288 to improve acceler ……..

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LSE:BT.A British Telecom. Close Mid-Price: 178.8 Percentage Change: + 1.79% Day High: 181.75 Day Low: 171.6

In the event British Telecom experiences weakness below 171.6 it calculat ……..

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LSE:CNA Centrica. Close Mid-Price: 88.6 Percentage Change: + 1.70% Day High: 89.42 Day Low: 86.3

Target met. All Centrica needs are mid-price trades ABOVE 89.42 to improv ……..

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LSE:EXPN Experian. Close Mid-Price: 2768 Percentage Change: + 0.73% Day High: 2792 Day Low: 2754

Continued trades against EXPN with a mid-price ABOVE 2792 should improve ……..

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LSE:JET Just Eat. Close Mid-Price: 1235.4 Percentage Change: + 7.56% Day High: 1236.4 Day Low: 1120

If Just Eat experiences continued weakness below 1120, it will invariably ……..

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LSE:PMG Parkmead. Close Mid-Price: 60 Percentage Change: + 7.14% Day High: 62 Day Low: 57.8

Target met. All Parkmead needs are mid-price trades ABOVE 62 to improve a ……..

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LSE:PPC President Energy Close Mid-Price: 1.27 Percentage Change: -3.77% Day High: 1.32 Day Low: 1.27

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LSE:TRN The Trainline. Close Mid-Price: 383.1 Percentage Change: + 2.65% Day High: 389.2 Day Low: 373.1

In the event of The Trainline enjoying further trades beyond 389.2, the s ……..

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

#Brent #Stoxx50

The nightmare of the retail banks share price inactivity continues. But it appears to be checked by the Red line on the chart, the uptrend since the Pandemic drop of 2020. The precision employed with recent relaxation currently ensures we should be confident weakness below 145.51p shall provide early warning of coming calamity.

Below 145.5p looks very capable of promoting share price reversal down to an initial 138p with secondary, if broken, at 131p or so. This secondary level looks to have the potential of provoking a bounce but unfortunately, a few of the recent trading caps force us to admit our 131p calculation is a bit woolly, insofar as the price could also hit 128p.

 

What is very strange has been the discipline of price movements since the start of June, the share being extremely carefully marched down the Blue downtrend. Generally, when this sort of nonsense occurs any recovery tends be quite sharp and fast. The fact “they’ve” proven so methodical about Barclays reversal is a concern as generally there’s never any certainty a trend line shall provoke a bounce. But there is a feeling the market has backed themselves into a corner here, Barclays now needing trade above just 153.5p to allegedly trigger surprise recovery to an initial 167p with secondary, if bettered, calculating at a theoretical 177p.

We’re a touch cynical about the secondary potential, given it exceeds the recent June high and visually promises great things for the future. Unless the bank share actually manages to close above 177p, we shall be inclined to stay close to the air conditioning and remain fairly cool on its prospects.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:52:33PM	BRENT	98.55	96.09	95.47	93.83	98.75	100.39	101.44	104.33	98.38	Success
8:55:46PM	GOLD	1708.11
8:58:16PM	FTSE	7178									Success
9:13:02PM	STOX50	3483	3420	3409	3384	3454	3484	3502	3526	3460	Success
9:15:24PM	GERMANY	12878									Success
9:16:52PM	US500	3862									Success
9:18:47PM	DOW	31269									Success
9:21:40PM	NASDAQ	11978									Success
9:23:45PM	JAPAN	26985									Success

 

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%

11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%

8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

7/07/2022 FTSE Closed at 7189 points. Change of 1.15%. Total value traded through LSE was: £ 7,840,836,272 a change of 27.41%

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:AML Aston Martin** **LSE:BT.A British Telecom** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:QFI Quadrise** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Aston Martin, British Telecom, Experian, Glencore Xstra, Just Eat, Parkmead, Quadrise, Rolls Royce,

LSE:AML Aston Martin. Close Mid-Price: 459.3 Percentage Change: + 23.70% Day High: 474.3 Day Low: 354

Target Met. But this got complex. It almost looks like someone noticed the ……..

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LSE:BT.A British Telecom Close Mid-Price: 175.65 Percentage Change: -7.65% Day High: 192.95 Day Low: 174.55

If British Telecom experiences continued weakness below 174.55, it will i ……..

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LSE:EXPN Experian. Close Mid-Price: 2748 Percentage Change: + 3.27% Day High: 2766 Day Low: 2661

All Experian needs are mid-price trades ABOVE 2766 to improve acceleratio ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 406.85 Percentage Change: + 1.38% Day High: 409.95 Day Low: 395.4

If Glencore Xstra experiences continued weakness below 395.4, it will inv ……..

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LSE:JET Just Eat Close Mid-Price: 1148.6 Percentage Change: -1.66% Day High: 1170.2 Day Low: 1130

Continued weakness against JET taking the price below 1130 calculates as ……..

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LSE:PMG Parkmead. Close Mid-Price: 56 Percentage Change: + 7.69% Day High: 57 Day Low: 52.8

Continued trades against PMG with a mid-price ABOVE 57 should improve the ……..

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LSE:QFI Quadrise Close Mid-Price: 1.38 Percentage Change: -3.48% Day High: 1.4 Day Low: 1.3

Weakness on Quadrise below 1.3 will invariably lead to 1.23 with secondar ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 89.79 Percentage Change: + 5.24% Day High: 90.49 Day Low: 84.9

Continued trades against RR. with a mid-price ABOVE 90.49 should improve ……..

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

#FTSE #GOLD

The weather forecast, here in Argyll, Scotland, suggests a low of 8c and potential high of 19c for Friday. And rain too. Apparently the sun is shining everywhere else though, except upon stock markets, the FTSE now rigidly falling into line with other world markets, following the herd. It’s becoming clear we’re now in full holiday season mode. Even Google News, our internet home page, has stopped leading with invented stories from the media about Russia/Ukraine. Instead they’ve embraced “silly season” and focus on invented stories about the war closer to home, the battle to become the next UK Prime Minister.

In fact, there were only two Russia/Ukraine stories visible this evening and one of them, a so called “fact check”, revealed a video of an army convoy exploding was computer generated from a video game.

 

The point behind our opening paragraph is straightforward. At this time of year, it becomes dangerous to rely on common sense in predicting market direction. There’s currently a heck of a strong argument favouring the last week of July being pretty vile, due to a tranche of economic announcements from the USA which are expected to be viewed negatively. In addition, there are a bunch of US company Earnings Reports, also expected to be poor and capable of provoking severe market reversals.

Will this prove to be the case? We’re not convinced.

It’s certainly still the case we suspect the FTSE shall discover sufficient excuse to head to the 6,800 point level but something quite odd occurred on Thursday. In our morning Futures update, we alerted clients of our expectation the markets would bounce properly at our secondary drop targets. But, aside from Germany and the Stoxx50, other markets bounced just above our secondary targets. Germany opted be break the secondary quite substantially before bouncing, as did the Stoxx. Usually, our thinking allows a break of a secondary to imply further market weakness shall make itself known but the only thing Thursday managed successfully was to send a raft of contrary signals. (The FTSE bounced 9 points ABOVE our secondary, suggesting strength).

We’re trying to convey a lack of confidence about overall market directions for Friday! The FTSE closed the session at 7039 points, down 1.6%.

 

For the FTSE, now below 6996 points looks troubling, calculating with the potential of ongoing reversals to an initial 6967 points. If broken our secondary now looks problematic, working out at a ridiculous looking 6748 points. If the drop triggers, the tightest stop loss level looks like 7052 points.  However, there’s a strong short term argument favouring a bounce at 6967, if it makes an appearance.

 

Our alternate scenario, favouring FTSE gains, suggests FTSE strength bettering 7078 points has the potential of a lift to 7115 points. If bettered, our secondary calculates as (so impressive it’s unlikely) 7233 points. Who knows, maybe the sun shall once again shine on the FTSE.

Have a good weekend, sadly one ruined by the lack of a Formula 1 race.

Finally, the photo below brought a smile. A couple on holiday in their 50′ yacht, decided to drop anchor outside, saving themselves the cost of an overnight berth in the local marina. Somehow or other, they forgot about the tide, providing an unusual sight of such a large vessel ‘high and dry’. The beach, thankfully, is pebble and it refloated a few hours later, the boat now a star on Twitter.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:15:45PM	BRENT	97.82	95.15	92.99		97.15	98.67	99.47		95.23	Success
9:17:31PM	GOLD	1710	1697	1694		1714	1717	1723		1703
9:21:04PM	FTSE	7079	7003	6900		7040	7084	7095		7050	Success
9:33:29PM	STOX50	3428	3368	3357		3403	3429	3436		3412	‘cess
9:35:58PM	GERMANY	12598	12523	12465		12614	12612	12649		12524	‘cess
9:39:20PM	US500	3792	3739	3682		3754	3796	3807		3774	‘cess
9:42:21PM	DOW	30653	30131	29738		30471	30688	30704		30505	Success
9:50:03PM	NASDAQ	11782	11481	11025.5		11653	11805	11859		11710	Success
9:53:01PM	JAPAN	26707	26422	26382		26560	26774	26847		26619	Success

 

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%

11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%

8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

7/07/2022 FTSE Closed at 7189 points. Change of 1.15%. Total value traded through LSE was: £ 7,840,836,272 a change of 27.41%

6/07/2022 FTSE Closed at 7107 points. Change of 1.17%. Total value traded through LSE was: £ 6,153,962,952 a change of -14.34%

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:AML Aston Martin** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:RKH Rockhopper** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Aston Martin, BP PLC, Cellular Goods, Centrica, Genel, Gulf Keystone, Glencore Xstra, Lloyds Grp., Marks and Spencer, Rockhopper, Standard Chartered,

LSE:AML Aston Martin Close Mid-Price: 371.3 Percentage Change: -7.68% Day High: 425.7 Day Low: 366.4

Weakness on Aston Martin below 366.4 will invariably lead to 363 with se ……..

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LSE:BP. BP PLC Close Mid-Price: 363.95 Percentage Change: -3.51% Day High: 380.4 Day Low: 359.2

Continued weakness against BP. taking the price below 359.2 calculates as ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 1.3 Percentage Change: + 6.12% Day High: 1.3 Day Low: 1.23

Continued trades against CBX with a mid-price ABOVE 1.3 should improve th ……..

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LSE:CNA Centrica. Close Mid-Price: 85.58 Percentage Change: + 1.45% Day High: 87.7 Day Low: 84.88

Continued trades against CNA with a mid-price ABOVE 87.7 should improve t ……..

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LSE:GENL Genel Close Mid-Price: 123.2 Percentage Change: -0.16% Day High: 124 Day Low: 120.4

Weakness on Genel below 120.4 will invariably lead to 100 next with secon ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 200.5 Percentage Change: -15.40% Day High: 222.5 Day Low: 201

Target met. If Gulf Keystone experiences continued weakness below 201, it ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 401.3 Percentage Change: -4.10% Day High: 420.85 Day Low: 397.25

In the event Glencore Xstra experiences weakness below 397.25 it calculat ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 41.02 Percentage Change: -2.14% Day High: 42.15 Day Low: 40.97

Continued weakness against LLOY taking the price below 40.97 calculates a ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 129.5 Percentage Change: -2.08% Day High: 133.9 Day Low: 127.2

Weakness on Marks and Spencer below 127.2 will invariably lead to 98 with ……..

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LSE:RKH Rockhopper Close Mid-Price: 6.74 Percentage Change: -4.26% Day High: 6.64 Day Low: 6.5

Weakness on Rockhopper below 6.5 will invariably lead to 6p with secondar ……..

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LSE:STAN Standard Chartered Close Mid-Price: 544 Percentage Change: -5.72% Day High: 576.6 Day Low: 543.2

Weakness on Standard Chartered below 543.2 will invariably lead to 511 wi ……..

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

#Gold #Nasdaq

We’re continually asked about Rare Earth companies, Rainbow RE being the latest to invade our mailbox. Needless to say, the company website leads with an inevitable picture of a wind turbine, alone with references to the need for the fabulous magnets used in power generation. Our own fascination with permanent magnet rare earths recently found yet another use for the super strong metals.

A wife with a dangerous addiction to curtains causes problems every few years. It’s rare when changing room curtains is a straightforward job, generally involving new runners and invariably, a different style of curtain tie-backs. The tie-backs are a special nuisance, the curtain industry utterly failing to standardise the way they attach to a wall. With the triumphant air of a magician pulling another pigeon out of his ear, I finally beat the system by using some neodymium magnets. One was discretely glued to the wall, the other attached to the inside of new curtain and like a politician clutching an expense receipt, the new curtains held themselves in place without the benefit of tie-backs. My wife wanted to object, this method clearly breaking all the unwritten rules for curtains, but it was easy, it was invisible, and it worked, the curtain material bunched at the correct level.

Everyone involved in the Rare Earth industry must be constantly amazed at the surprise uses for these metals and Rainbow Rare Earth can take a bow, secure in the knowledge product from Gakara or Phalaborwa isn’t just generating electricity, it may be more gainfully employed holding our curtains back!

 

Armed with this information, we’re understandably puzzled at the immediate lacklustre behaviour of their share price. At time of writing, it’s trading around 12.25p.

 

Some immediate hope appears possible as movement above just 13.25p looks like it shall prove important, calculating with the potential of a lift to 14.5p next with secondary, if bettered, at 15.4p. Visually, this secondary ambition is a slight problem, failing to exceed the most recent share price high back in June. As a result, there appears a certain risk of some hesitation at such a level. Of course, if the company opted to release news their products are poised to revolutionise the curtain tie-back industry, everything could change fast as acceleration to 19.5 works out as very possible. All kidding aside, if the company do have any serious positive news to release, it looks like the 15.5p level would represent an ideal point in time to provide maximum benefit to the share price.

 

If everything intends go horribly wrong, the share needs trade below 10.5p, a visual nightmare and one which risks triggering a reversal cycle with an eventual bottom at 5.25p.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:15:00PM	BRENT	98.02									‘cess
10:17:38PM	GOLD	1735	1706	1686	1634	1732	1746	1753	1759	1734	Success
10:19:27PM	FTSE	7177									‘cess
10:21:35PM	STOX50	3461									‘cess
10:25:37PM	GERMANY	12764									‘cess
10:27:40PM	US500	3792.77									Success
10:55:19PM	DOW	30737									Success
10:57:29PM	NASDAQ	11707	11674	11628	11562	11761	11938	11977	12152	11772	Success
10:59:48PM	JAPAN	26477

 

13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%

12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%

11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%

8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

7/07/2022 FTSE Closed at 7189 points. Change of 1.15%. Total value traded through LSE was: £ 7,840,836,272 a change of 27.41%

6/07/2022 FTSE Closed at 7107 points. Change of 1.17%. Total value traded through LSE was: £ 6,153,962,952 a change of -14.34%

5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%

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:CBX Cellular Goods** **LSE:JET Just Eat** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **LSE:TRN The Trainline** **

********

Updated charts published on : Cellular Goods, Just Eat, Reabold Resources PLC, Rockhopper, The Trainline,

LSE:CBX Cellular Goods. Close Mid-Price: 1.23 Percentage Change: + 16.67% Day High: 1.25 Day Low: 1.05

Something is maybe happening, though the offered spread risks obscuring th ……..

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LSE:JET Just Eat Close Mid-Price: 1208.6 Percentage Change: -5.58% Day High: 1271.2 Day Low: 1151.4

Target met. Weakness on Just Eat below 1151.4 will invariably lead to 106 ……..

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LSE:RBD Reabold Resources PLC. Close Mid-Price: 0.25 Percentage Change: + 2.04% Day High: 0.25 Day Low: 0.24

Continued weakness against RBD taking the price below 0.24 calculates as ……..

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LSE:RKH Rockhopper Close Mid-Price: 7.04 Percentage Change: -0.98% Day High: 6.7 Day Low: 6.54

Continued weakness against RKH taking the price below 6.54 calculates as ……..

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LSE:TRN The Trainline. Close Mid-Price: 365.9 Percentage Change: + 3.07% Day High: 387.6 Day Low: 360.4

Target met. Continued trades against TRN with a mid-price ABOVE 387.6 sho ……..

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