Trends And Targets

#FTSE #Nasdaq

A colonoscopy is probably pretty high on the list of things blokes don’t talk about. While undergoing one on Friday, the subject of Rentokil drifted into my addled brain as I watched the live video showing what was happening inside. The idea of a film camera, a laser, and garden shears being guided up ones nether region was horrific but this is the reality we all face, once past the age of 50 and a health service determined to protect people. A bowel cancer test, routine every two years, revealed something questionable, but with 95% of results being ‘false positives’, real terror came from the concept of what the procedure entailed.

To be utterly truthful, the worst slight discomfort came from the needle administering local anaesthetic, rapidly forgotten while a fascinating hunt for what looked like wild mushrooms inside the colon took place. When one was found, it was chopped down, then cauterised with a laser. There was no pain, despite the brutal war being waged internally, and eventually the film crew exploring my colon engaged reverse gear, their enemy defeated. The exercise was a “false positive”, samples taken revealing something called polyps, essentially skin tags. It all felt very routine except for the genius idea which allowed the patient a live action view. The last time I’d seen anything like this, I’d been watching a Rentokil guy feeding a probe along a cavity wall.

Of course, thanks to an anaesthetic high, I started to question why Rentokil don’t offer such a scanning service to the NHS. The idea of one of their distinctive vans pulling up, the driver telling a patient to just bend over, and…. You get the idea. And the real message is, unlike the writer, don’t panic at the thought of such a procedure. Getting your teeth cleaned is substantially worse in terms of discomfort.

 

Once the drugs wore off, the idea of reviewing Rentokil share price remained as it’s been a while and doubtless, with a return to offices, the company should surely experience an upsurge in business.

 

Currently, Rentokil share price doesn’t entirely share my optimism for their future. It appears weakness below 508p risks triggering some near term reversal down to an initial 493p with secondary, if broken, down at 472p and a very probable bottom. Curiously, it feels like overall market conditions are presently inhibiting the share price as above 550p (Blue) is supposed to trigger imminent recovery to an initial 609 with secondary, if bettered, at 627p and some hesitation.

In terms of panic, we’d certainly have concerns should the price manage to close a session below 472p. This risks being quite problematic, signalling the potential of reversal to a trend breaking 445p, unfortunately finding itself in a zone where an eventual bottom at 261p calculates as possible. For now, we suspect 472p shall prove to be an eventual bounce point and thus, suspect this shall be a share worth watching.

Unlike the live video feed from my colonoscopy! (shudder)

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:13:00PM	BRENT	101.37									‘cess
10:14:48PM	GOLD	1838.35									Success
10:17:41PM	FTSE	7256.85	7192	7152	7098	7245	7315	7346	7412	7245	Shambles
10:19:11PM	FRANCE	6144.2
10:21:14PM	GERMANY	13572
10:23:08PM	US500	3997.17									‘cess
10:25:24PM	DOW	32140.7									‘cess
10:27:14PM	NASDAQ	12332.79	12102	11970	11777	12300	12549	12584	12746	12387	Success
10:32:17PM	JAPAN	26061

 

10/05/2022 FTSE Closed at 7243 points. Change of 0.37%. Total value traded through LSE was: £ 6,416,543,760 a change of 2.54%

9/05/2022 FTSE Closed at 7216 points. Change of -2.31%. Total value traded through LSE was: £ 6,257,631,157 a change of -11.88%

6/05/2022 FTSE Closed at 7387 points. Change of -1.55%. Total value traded through LSE was: £ 7,100,975,536 a change of 2.72%

5/05/2022 FTSE Closed at 7503 points. Change of 0.13%. Total value traded through LSE was: £ 6,912,828,845 a change of 20.87%

4/05/2022 FTSE Closed at 7493 points. Change of -0.9%. Total value traded through LSE was: £ 5,719,365,474 a change of -24.49%

3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%

29/04/2022 FTSE Closed at 7544 points. Change of -100%. Total value traded through LSE was: £ 6,989,742,428 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:JET Just Eat** **LSE:OXIG Oxford Instruments** **

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Updated charts published on : Aston Martin, Cellular Goods, Carnival, 4D Pharma, EasyJet, British Airways, ITM Power, Just Eat, Oxford Instruments,

LSE:AML Aston Martin Close Mid-Price: 680 Percentage Change: -9.14% Day High: 777.2 Day Low: 680

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LSE:CBX Cellular Goods Close Mid-Price: 2.1 Percentage Change: -4.55% Day High: 2.15 Day Low: 2.1

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LSE:CCL Carnival Close Mid-Price: 1044.5 Percentage Change: -2.75% Day High: 1105 Day Low: 1032

In the event Carnival experiences weakness below 1032 it calculates with ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 34.55 Percentage Change: -4.69% Day High: 38 Day Low: 34

If 4D Pharma experiences continued weakness below 34, it will invariably ……..

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LSE:EZJ EasyJet Close Mid-Price: 490.3 Percentage Change: -0.35% Day High: 503.6 Day Low: 485.6

Weakness on EasyJet below 485.6 will invariably lead to 430 next and seco ……..

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LSE:IAG British Airways Close Mid-Price: 123.02 Percentage Change: -3.47% Day High: 130.08 Day Low: 123.34

Continued weakness against IAG taking the price below 123.34 calculates a ……..

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LSE:ITM ITM Power Close Mid-Price: 268.9 Percentage Change: -2.92% Day High: 288.5 Day Low: 267.3

In the event ITM Power experiences weakness below 267.3 it calculates wit ……..

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LSE:JET Just Eat Close Mid-Price: 1534.2 Percentage Change: -3.56% Day High: 1671.8 Day Low: 1519.4

Continued weakness against JET taking the price below 1519.4 calculates a ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2115 Percentage Change: -1.17% Day High: 2170 Day Low: 2085

Weakness on Oxford Instruments below 2085 will invariably lead to 1990 wi ……..

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

#Gold #SP500

Prudential provided a bit of a shock, when a client asked us to review the share. We try and loop through most of the FTSE 100 but somehow, last reviewed Prudential back in November 2014! At the time, the price was around 1300p and we gave a target level around an eventual 2000p. It took years, reached target, and has been floundering a bit uncertainly since.

Circled on the chart is something peculiar which occurred last year, the share price quite deliberately gapped below the uptrend since 2020. This sort of thing tends broadcast all the wrong signals (unless, of course, by some miracle the market opts to gap a price back above the trend. In which case, take a Long position and wait!). The provider of life and health insurance, focussed on Africa and Asia, look set for continued share price tumbles currently.

Below 882p projects the potential of reversal to an initial 833p. Should such a level break, our secondary calculation comes in at 752p. We’d normally hope for a proper rebound, should 833p make an appearance but closure below such a level makes our secondary almost essential to provide an excuse for a bounce. The problem comes, if the price closes below our 752p secondary target as an ultimate bottom of 397p becomes dangerously viable.

Currently the share price needs exceed 1085 just to suggest the immediate rate of descent has eased, entering a zone where a path to 1377 works out as possible. For now, it doesn’t look like ‘Dear Prudence’ wants to come out to play.

The US markets (DOW, S&P500, Nasdaq) The league table of disaster on Monday was led by the Nasdaq, boasting a daily reversal at -4%. The S&P came second, down -3.2% and the Dow proved fairly half hearted, only dropping by -2%. As the Nasdaq has taken the lead in this calamity, we’re extremely interested if 12,130 points breaks anytime soon. Such a mess would remove logic which asked for a bounce, instead risking triggering ongoing reversals to an initial 10,946 with secondary, if broken, at 9243 points. This level of trouble looks almost ridiculous, negating growth over the last year and visually dumping the index back to the level it enjoyed, prior to the pandemic. The index requires exceed 13,500 to cancel the logic pointing to this drop scenario.

The S&P500 looks pretty painful, perhaps approaching a level where some sort of rebound can be hoped. Currently, below 3975 threatens ongoing reversal to 3909 points with secondary, if broken, at 3768 points. The market requires exceed 4270 just to get out of trouble and in this instance, we can calculate a 3rd level target at 3,525. This is just above the pre-pandemic high, creating a visually pleasing level hopefully capable of generating a trampoline moment.

The DOW JONES is a bit of a puzzle. For some time we’ve been expecting the 31,000 level to make a guest appearance and now, despite the rest of the market being on fire, the index resisted the temptation. Of course, with Earnings Season in full swing in the USA, there are liable to be plenty of mitigating circumstances avoiding an immediate rout. Glancing through headlines, the falls are being blamed on interest rate rise concerns, worries about market growth, Russia, oil prices, and whether the US Miami Grand Prix justified $13,000 ticket prices for the VIP area, where lack of a grandstand made watching the race extremely difficult and lack of booze deliveries made forgetting the event even harder. Reports suggest there were catering issues…

Now below 32,100 points for Wall St calculates with a hopeful bottom potential at 31,100 points. If broken, our secondary calculates down at an incredible 28,050 points but in this instance, we’re inclined to regard below 30,800 at a final trigger level down to the 28,000 level. This numbers have been muddied, thanks to the index being gapped down several times at the open of trade in recent days.

To start digging its way out of trouble, Wall St needs miracle recovery above 33,700 to negate the reversal potentials.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:18:59PM	BRENT	104.51									Success
10:21:30PM	GOLD	1854.24	1852	1846	1838	1860	1871	1875	1883	1861	‘cess
10:29:46PM	FTSE	7211									Success
10:32:21PM	FRANCE	6081									Success
10:48:15PM	GERMANY	13397									Success
10:50:23PM	US500	3994	3974	3964	3900	4008	4075	4089	4127	4033	Success
10:54:11PM	DOW	32266									‘cess
11:00:06PM	NASDAQ	12199									Success
11:02:51PM	JAPAN	26016									‘cess

 

9/05/2022 FTSE Closed at 7216 points. Change of -2.31%. Total value traded through LSE was: £ 6,257,631,157 a change of -11.88%

6/05/2022 FTSE Closed at 7387 points. Change of -1.55%. Total value traded through LSE was: £ 7,100,975,536 a change of 2.72%

5/05/2022 FTSE Closed at 7503 points. Change of 0.13%. Total value traded through LSE was: £ 6,912,828,845 a change of 20.87%

4/05/2022 FTSE Closed at 7493 points. Change of -0.9%. Total value traded through LSE was: £ 5,719,365,474 a change of -24.49%

3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%

28/04/2022 FTSE Closed at 7509 points. Change of -100%. Total value traded through LSE was: £ 5,887,371,702 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:OXIG Oxford Instruments** **LSE:RMG Royal Mail** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : AFC Energy, Applied Graphene, Aston Martin, Barrett Devs, Cellular Goods, Carnival, 4D Pharma, Experian, EasyJet, Foxtons, Hargreaves Lansdown, IG Group, IQE, ITM Power, Intertek, ITV, Just Eat, Oxford Instruments, Royal Mail, The Trainline, Taylor Wimpey,

LSE:AFC AFC Energy Close Mid-Price: 28.92 Percentage Change: -4.87% Day High: 30.24 Day Low: 28.1

In the event AFC Energy experiences weakness below 28.1 it calculates wit ……..

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LSE:AGM Applied Graphene Close Mid-Price: 18 Percentage Change: -2.70% Day High: 18 Day Low: 17.5

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LSE:AML Aston Martin Close Mid-Price: 748.4 Percentage Change: -9.81% Day High: 827.2 Day Low: 745.4

Target met. If Aston Martin experiences continued weakness below 745.4, i ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 459.1 Percentage Change: -2.34% Day High: 470.8 Day Low: 457.6

Target met. Weakness on Barrett Devs below 457.6 will invariably lead to ……..

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LSE:CBX Cellular Goods Close Mid-Price: 2.2 Percentage Change: -4.35% Day High: 2.3 Day Low: 2.2

Continued weakness against CBX taking the price below 2.2 calculates as l ……..

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LSE:CCL Carnival Close Mid-Price: 1074 Percentage Change: -9.67% Day High: 1181 Day Low: 1069

Target met. Weakness on Carnival below 1069 will invariably lead to 1002 ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 36.25 Percentage Change: -4.35% Day High: 38 Day Low: 34.55

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LSE:EXPN Experian Close Mid-Price: 2630 Percentage Change: -0.60% Day High: 2666 Day Low: 2593

Weakness on Experian below 2593 will invariably lead to 2555 with seconda ……..

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LSE:EZJ EasyJet Close Mid-Price: 492 Percentage Change: -3.61% Day High: 512.8 Day Low: 488.4

In the event EasyJet experiences weakness below 488.4 it calculates with ……..

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LSE:FOXT Foxtons Close Mid-Price: 36.8 Percentage Change: -5.03% Day High: 38 Day Low: 36.1

Weakness on Foxtons below 36.1 will invariably lead to 32 with secondary ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 854 Percentage Change: + 1.04% Day High: 865.8 Day Low: 833.8

Target met. Weakness on Hargreaves Lansdown below 833.8 will invariably l ……..

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LSE:IGG IG Group Close Mid-Price: 727 Percentage Change: -0.34% Day High: 731 Day Low: 713.5

Target met. If IG Group experiences continued weakness below 713.5, it wi ……..

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LSE:IQE IQE Close Mid-Price: 28.25 Percentage Change: -6.15% Day High: 30.15 Day Low: 28.4

In the event IQE experiences weakness below 28.4 it calculates with a dro ……..

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LSE:ITM ITM Power Close Mid-Price: 277 Percentage Change: -8.25% Day High: 303.9 Day Low: 277.5

If ITM Power experiences continued weakness below 277.5, it will invariab ……..

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LSE:ITRK Intertek Close Mid-Price: 4896 Percentage Change: -0.55% Day High: 4961 Day Low: 4835

If Intertek experiences continued weakness below 4835, it will invariably ……..

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LSE:ITV ITV Close Mid-Price: 67.92 Percentage Change: -2.13% Day High: 69.46 Day Low: 67.4

Weakness on ITV below 67.4 will invariably lead to 63 with secondary, if ……..

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LSE:JET Just Eat Close Mid-Price: 1590.8 Percentage Change: -8.16% Day High: 1731.4 Day Low: 1575.6

Target met. Weakness on Just Eat below 1575.6 will invariably lead to 139 ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2140 Percentage Change: -4.46% Day High: 2260 Day Low: 2100

If Oxford Instruments experiences continued weakness below 2100, it will ……..

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LSE:RMG Royal Mail Close Mid-Price: 322.4 Percentage Change: -1.32% Day High: 325.2 Day Low: 316.1

Weakness on Royal Mail below 316.1 will invariably lead to 301 with secon ……..

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LSE:TRN The Trainline Close Mid-Price: 290.4 Percentage Change: -6.89% Day High: 324 Day Low: 289.4

Continued trades against TRN with a mid-price ABOVE 324 should improve th ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 120.25 Percentage Change: -2.59% Day High: 123.75 Day Low: 120.2

Continued weakness against TW. taking the price below 120.2 calculates as ……..

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

#Brent #Dax

Natwest share price looks more interesting than the Miami Grand Prix. Unfortunately, this isn’t entirely a complement, the race proving pretty uninteresting despite Max Verstappen looking like he’s heading for his 1st real world championship, if he can only finish races. Three weeks ago, when we reviewed Natwest, we warned of the dangers should the share price break below 206p, something it failed to do. We also mentioned an early sign of hope, if the share price would only exceed 226p. With breathless excitement, one day it closed at 226.4p, then, like Miami Formula 1, nothing much happened since.

 

We’re now a little nervous as to what the future holds for Natwest. In reality, it made an upward trigger yet failed to respond. Everything is now being blamed on the popular holiday destination, Ukraine. Surely, this hotspot for politicians, politicians wives, musicians giving performances, is supposed to be the centre of a war zone? But the US presidents wife visited to photo opportunities at the weekend, while over-rated musicians U2 gave a concert. It all appears quite strange, a world away from how the media treated the Gulf War or even events in Afganistan. Perhaps TUI travel intend offering all-inclusive weekends in Ukraine sometime soon!

Perhaps this is what Natwest are doing wrong, failing to announce new branches in the war torn country. Then again, there was a period at the start of WW2 which became known as ‘the phoney war’ for the UK. The weather apparently co-operated, allowing the population to spend rather a lot of time at the beach until suddenly, everything changed.

 

The situation remains slightly unchanged with Natwest, below 206 now suggesting the potential of reversal to an initial 194p and a challenge against the uptrend since 2020. If broken, our secondary is at 182p and a very possible bounce, given this matches the Russia/Ukraine low of March. Importantly though, closure below 192p risks proving quite traumatic from a bigger picture perspective, showing the potential of a further nose dive to 154p.

However, by just 0.4p, Natwest did manage above our trigger level, creating a situation where above 227p should now being miracle recovery to an initial 243p with secondary, if bettered, now calculating at 256p.

We suspect Natwest intends reversals.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:46:42PM	BRENT	112.49	109.36	109.04	107.7	111.05	113.62	115.2	117.34	110.3
9:47:55PM	GOLD	1883.58								1873
9:50:30PM	FTSE	7402.6								7423
10:09:14PM	FRANCE	6251.4								6250
10:10:36PM	GERMANY	13662.32	13585	13531	13459	13672	13903	13933	14049	13721
10:12:19PM	US500	4125.32								4114
10:14:21PM	DOW	32910.9								32940
10:15:48PM	NASDAQ	12694								12815
10:28:01PM	JAPAN	26791								26887

 

6/05/2022 FTSE Closed at 7387 points. Change of -1.55%. Total value traded through LSE was: £ 7,100,975,536 a change of 2.72%

5/05/2022 FTSE Closed at 7503 points. Change of 0.13%. Total value traded through LSE was: £ 6,912,828,845 a change of 20.87%

4/05/2022 FTSE Closed at 7493 points. Change of -0.9%. Total value traded through LSE was: £ 5,719,365,474 a change of -24.49%

3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%

28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%

27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : AFC Energy, Applied Graphene, Asos, Avacta, BALFOUR BEATTY, Barrett Devs, BP PLC, Carclo, Carnival, 4D Pharma, Experian, EasyJet, Foxtons, Hikma, Hargreaves Lansdown, British Airways, IG Group, Intertek, ITV, Just Eat, Marks and Spencer, Ocado Plc, Rolls Royce, Taylor Wimpey,

LSE:AFC AFC Energy Close Mid-Price: 30.4 Percentage Change: -4.70% Day High: 32 Day Low: 30

Continued weakness against AFC taking the price below 30 calculates as le ……..

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LSE:AGM Applied Graphene Close Mid-Price: 18.5 Percentage Change: -2.63% Day High: 19.5 Day Low: 18

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LSE:ASC Asos. Close Mid-Price: 1353 Percentage Change: + 0.45% Day High: 1368 Day Low: 1284

Weakness on Asos below 1284 will invariably lead to 1253 with secondary ( ……..

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LSE:AVCT Avacta Close Mid-Price: 106.5 Percentage Change: -3.18% Day High: 109.5 Day Low: 103.5

Continued weakness against AVCT taking the price below 103.5 calculates a ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 235 Percentage Change: -1.84% Day High: 239.6 Day Low: 232.8

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LSE:BDEV Barrett Devs Close Mid-Price: 470.1 Percentage Change: -3.69% Day High: 488.5 Day Low: 469.2

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LSE:BP. BP PLC. Close Mid-Price: 426.65 Percentage Change: + 1.85% Day High: 430.75 Day Low: 419.2

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LSE:CAR Carclo Close Mid-Price: 20.65 Percentage Change: -1.43% Day High: 20.6 Day Low: 20.1

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LSE:CCL Carnival Close Mid-Price: 1189 Percentage Change: -1.82% Day High: 1212 Day Low: 1143.5

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LSE:DDDD 4D Pharma. Close Mid-Price: 37.9 Percentage Change: + 0.40% Day High: 38.95 Day Low: 35.6

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LSE:EXPN Experian Close Mid-Price: 2646 Percentage Change: -3.50% Day High: 2738 Day Low: 2641

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LSE:EZJ EasyJet Close Mid-Price: 510.4 Percentage Change: -1.43% Day High: 518.8 Day Low: 491

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LSE:FOXT Foxtons Close Mid-Price: 38.75 Percentage Change: -1.77% Day High: 40 Day Low: 37.45

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LSE:HIK Hikma. Close Mid-Price: 1735 Percentage Change: + 2.94% Day High: 1739.5 Day Low: 1651.5

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 845.2 Percentage Change: -4.52% Day High: 881 Day Low: 841

Target met. In the event Hargreaves Lansdown experiences weakness below 8 ……..

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LSE:IAG British Airways Close Mid-Price: 131.44 Percentage Change: -8.29% Day High: 138 Day Low: 125.88

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LSE:IGG IG Group Close Mid-Price: 729.5 Percentage Change: -2.41% Day High: 748.5 Day Low: 722.5

Target met. In the event IG Group experiences weakness below 722.5 it cal ……..

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LSE:ITRK Intertek Close Mid-Price: 4923 Percentage Change: -4.63% Day High: 5138 Day Low: 4906

Weakness on Intertek below 4906 will invariably lead to 4802 with seconda ……..

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LSE:ITV ITV Close Mid-Price: 69.4 Percentage Change: -2.45% Day High: 71.36 Day Low: 68.68

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LSE:JET Just Eat Close Mid-Price: 1732.2 Percentage Change: -4.29% Day High: 1857.6 Day Low: 1723.4

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LSE:MKS Marks and Spencer Close Mid-Price: 134.05 Percentage Change: -1.32% Day High: 136.9 Day Low: 130.9

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LSE:OCDO Ocado Plc Close Mid-Price: 800.2 Percentage Change: -3.59% Day High: 821 Day Low: 763

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LSE:RR. Rolls Royce Close Mid-Price: 80.31 Percentage Change: -1.75% Day High: 82 Day Low: 78.45

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LSE:TW. Taylor Wimpey Close Mid-Price: 123.45 Percentage Change: -2.45% Day High: 126.2 Day Low: 122.9

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

#FTSE #Gold

There was a time when we looked forward to producing our Friday outlook for the FTSE. There was always a reasonable chance the volatile UK leading indicator would do something useful but unfortunately, since the Russia drop, things are proving pretty fake, the market essentially pretending to move while effectively remaining enmeshed in place.

Visually, we need to zoom out and glance at market behaviour since the start of 2020 to appreciate how horrific the situation really is!

The big blue line on the chart below can be called a Glass Ceiling or, more accurately, a horizontal trend. It’s effectively broadcasting a harsh reality, the UK index has a solid border crossing at 7690 points and this creates a reasonable expectation growth cannot be regarded as real until such time the FTSE actually exceeds this trend. What proved a bit of a surprise was we’d expected the FTSE to follow a similar model to markets elsewhere in the world. From the US to Asia, once a market exceeded its personal Pre-Pandemic High, that market started to go up. By the time the FTSE managed to better 7550 points, the model was pretty firmly established and we’d expected London to dutifully follow the pack.

For a few sessions, it appeared this was indeed going to be the case, then along came the Russia issue with the FTSE behaving badly at every excuse thereafter. To be fair, neither the USA nor Europe appear to be covering themselves in glory while Ukraine remains an issue, perhaps the UK is even performing better than our neighbours.

Except, of course, for the issue at 7690 points.

From a fairly Big Picture perspective, above 7690 remains with the “almost certain” prospect of a FTSE lift to the 8100 point level. If the FTSE were regarded as a share, we’d probably describe the prospect as a “no brainer” category of trade, throwing in a gentle caveat of a reality reminder; The FTSE IS NOT a share!

FTSE for FRIDAY As for near term movements for Friday, we’re a little nervous about immediate market prospects, suspecting some imminent reversals risk proving possible. It’s worth remembering it’s a US Payrolls Friday, often an excuse to display some flamboyant movements and therefore, extreme caution is recommended with any positions open just prior to 1.30pm.

For the FTSE, we’re nervous at any excuse to drive the index below 7477 points as this now risks imminent reversal to an initial 7435 points with secondary, if broken, at 7400 and hopefully a bounce. Below 7400 risks spoiling the party (sorry Boris) as a further 70 point reversal to 7330 becomes possible. If triggered, the tightest stop loss appears to be hideously wide at 7557 points.

 

The alternate scenario comes, should the FTSE somehow manage to stagger above 7557 points. Initially, we’re looking for recovery to a useless 7572 points with secondary, if exceeded, calculating at 7621 points.

Have a good weekend. Hopefully the Miami Grand Prix proves worth watching.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:03:25PM	BRENT	110.75	108.76	107.49		111	113.55	114.0825		109.55	Success
10:05:51PM	GOLD	1877.45	1872	1865		1890	1909	1915		1887	Success
10:07:45PM	FTSE	7499.65	7458	7417		7521	7522	7547		7488
10:09:39PM	FRANCE	6358.9	6310	6297		6382	6382	6412		6347	‘cess
10:11:56PM	GERMANY	13886	13790	13740		13911	13936	13984		13857	‘cess
10:14:15PM	US500	4155	4104	4089		4141	4176	4191		4136	‘cess
10:16:40PM	DOW	33025.6	32668	32531		32927	33208	33297		32986
10:19:39PM	NASDAQ	12897	12702	12613		12825	12993	13093		12860
10:25:25PM	JAPAN	26741	26572	26445		26774	26861	26936		26757

 

5/05/2022 FTSE Closed at 7503 points. Change of 0.13%. Total value traded through LSE was: £ 6,912,828,845 a change of 20.87%

4/05/2022 FTSE Closed at 7493 points. Change of -0.9%. Total value traded through LSE was: £ 5,719,365,474 a change of -24.49%

3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%

28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%

27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%

26/04/2022 FTSE Closed at 7386 points. Change of -100%. Total value traded through LSE was: £ 7,501,270,625 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : Barclays, BP PLC, Carclo, Carnival, Capita, Genel, Gulf Keystone, Hikma, Hargreaves Lansdown, IG Group, Just Eat, Ocado Plc, Oxford Instruments, Rolls Royce, Standard Chartered, The Trainline,

LSE:BARC Barclays Close Mid-Price: 149.82 Percentage Change: -0.49% Day High: 154.44 Day Low: 149.52

Further movement against Barclays ABOVE 154.44 should improve acceleratio ……..

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LSE:BP. BP PLC. Close Mid-Price: 418.9 Percentage Change: + 0.72% Day High: 427.35 Day Low: 416.65

Target met. Further movement against BP PLC ABOVE 427.35 should improve a ……..

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LSE:CAR Carclo Close Mid-Price: 20.95 Percentage Change: -9.11% Day High: 22.5 Day Low: 21

Weakness on Carclo below 21 will invariably lead to 18.7 with secondary ( ……..

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LSE:CCL Carnival Close Mid-Price: 1211 Percentage Change: -2.06% Day High: 1287.5 Day Low: 1210

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LSE:CPI Capita Close Mid-Price: 24.12 Percentage Change: -9.93% Day High: 27.9 Day Low: 23.9

Continued trades against CPI with a mid-price ABOVE 27.9 should improve t ……..

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LSE:GENL Genel Close Mid-Price: 195.6 Percentage Change: -0.51% Day High: 200 Day Low: 195

Target met. Continued trades against GENL with a mid-price ABOVE 200 shou ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 269 Percentage Change: + 2.67% Day High: 275 Day Low: 262

Target met. Further movement against Gulf Keystone ABOVE 275 should impro ……..

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LSE:HIK Hikma Close Mid-Price: 1685.5 Percentage Change: -9.01% Day High: 1734.5 Day Low: 1657.5

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 885.2 Percentage Change: -2.36% Day High: 916.2 Day Low: 881.2

Target met. If Hargreaves Lansdown experiences continued weakness below 8 ……..

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LSE:IGG IG Group Close Mid-Price: 747.5 Percentage Change: -2.35% Day High: 775.5 Day Low: 741

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LSE:JET Just Eat Close Mid-Price: 1809.8 Percentage Change: -10.65% Day High: 2122 Day Low: 1810

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LSE:OCDO Ocado Plc Close Mid-Price: 830 Percentage Change: -6.93% Day High: 931 Day Low: 830.2

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LSE:OXIG Oxford Instruments Close Mid-Price: 2285 Percentage Change: -0.87% Day High: 2360 Day Low: 2260

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LSE:RR. Rolls Royce Close Mid-Price: 81.74 Percentage Change: -1.78% Day High: 86.22 Day Low: 81.69

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LSE:STAN Standard Chartered Close Mid-Price: 565 Percentage Change: -0.67% Day High: 584 Day Low: 567.8

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LSE:TRN The Trainline. Close Mid-Price: 303.7 Percentage Change: + 9.28% Day High: 320 Day Low: 284.1

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

#CAC40 #Nasdaq

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

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

 

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

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

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

FUTURES

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

 

4/05/2022 FTSE Closed at 7493 points. Change of -0.9%. Total value traded through LSE was: £ 5,719,365,474 a change of -24.49%

3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%

28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%

27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%

26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%

25/04/2022 FTSE Closed at 7380 points. Change of -100%. Total value traded through LSE was: £ 6,962,693,363 a change of 0%

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

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

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

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

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

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

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

********

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

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

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

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

All Aston Martin needs are mid-price trades ABOVE 959.8 to improve accele ……..

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

#Gold #SP500

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

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

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

 

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

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

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

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

FUTURES

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

3/05/2022 FTSE Closed at 7561 points. Change of 0.23%. Total value traded through LSE was: £ 7,574,559,700 a change of 8.37%

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%

28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%

27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%

26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%

25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%

22/04/2022 FTSE Closed at 7521 points. Change of -100%. Total value traded through LSE was: £ 6,766,539,663 a change of 0%

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

#Brent #Dax

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

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

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

 

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

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

 

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

FUTURES

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

 

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%

28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%

27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%

26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%

25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%

22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%

21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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