Trends And Targets

#Gold #Nasdaq

Our weekly trawl of Europe turned up Ceconomy, describing themselves as “We are more than a retail company – we are the European leader for concepts and brands in the field of consumer electronics. With our products, brands and solutions, we simplify life in the digital world.” Alas, their share price movements currently say something rather less optimistic and with their Q2 results due on 13th May, it’s easy to imagine some negative action.

Of course, there’s a caveat and it’s all to do with my dentist. Thanks to some really restrictive practices during the Covid-19 period, a visit to the dentist revealed 4 teeth required extraction, the four front ones. The operation took place today and proved to be the most unpleasant and painful experience ever had in a dental surgery. There was blood, there was sweat (the dentist) and there were uncontrollable tears as the guilty gum abscess did its best to ensure anaesthesia didn’t  work well. Long story short, it’s unlikely the writer is in the best frame of mind to look favourably on a share price!

With Ceconomy looking like it intends wither on the vine, the share probably is volunteering itself as the ideal target for a bout of misery.

 

There’s been something quite peculiar going on as share price movements this year are proving quite unreliable. The price has been carefully walked down what should be the historical downtrend since 2018. As the chart inset highlights, it’s hard to escape the impression this slow visual murder is anything but deliberately engineered as we wonder if the dramatics intend conclude with a nasty stab downward to a bottom, hopefully a level capable of provoking a rebound?

This being the case, weakness now below 3€ looks very capable of driving reversal to an initial 2.5€. If broken, our ‘longer term’ secondary target works out at 1.5€ and hopefully an ultimate bottom for the share. For everything to suddenly come up roses, the share price needs exceed 3.8€ to enter a region where a recovery cycle toward an initial 4.5 makes some sense. If exceeded, our secondary calculates at a visually sane 5.8.

Importantly, closure above 4.5€ is liable to prove game changing for the long term, making an attempt at 5.8€ very probable but realistically, we’d need admit a long term target of 7.2€ has become possible. Perhaps it’s the pain of dentistry talking but I suspect this intends head to 1.5 and a hopeful bottom. Perhaps worth watching.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:16:00PM	BRENT	106.73
10:17:23PM	GOLD	1958.07	1943	1938	1931	1951	1959	1962	1970	1950
10:19:30PM	FTSE	7631.01
10:24:05PM	FRANCE	6612									Success
10:25:31PM	GERMANY	14374									Success
10:27:21PM	US500	4474.67									‘cess
10:29:50PM	DOW	35232									‘cess
10:54:42PM	NASDAQ	14081.6	13954	13916.5	13791	14058	14146	14233	14306	14038	Shambles
10:56:36PM	JAPAN	27219									‘cess

#Gold #SP500

Kenmare Resources Plc, an established mining company, operate in Mozambique. Therefore, they obviously have absolutely nothing in common with the “twee” Scottish village of Kenmore in Perthshire, home of what is probably the tightest hairpin bend in existence. It’s a pity, ‘cos the email request immediately reminded on the time my wife and her motorbike vanished at slow speed into the heather as we made our way down to Kenmore.

 

However, Kenmare Resources Plc do present a mildly interesting facet of share price history, especially what can happen when a share suffers a 190:1 share split. Historically, we abhor these movements as they almost never work out well for folk who were invested prior to the “here’s One Share to replace your existing One Hundred and Ninety Shares”. When the price of Kenmare is adjusted to handle the manipulation, there’s visually little chance of the price ever achieving recompense for the folk trapped from the days in 2012, when the price was around 630p. It now needs achieve 120,000p just for these folk to break even.

The chart below endeavours to outline how painful this is for long term investors. While it was certainly not a fun experience watching the share tumble from the 630p level to under a penny, just 4 years later, the share split has only served to make the price once again sound respectable, leaving many folk destined to ‘walk funny’ due to the massive reduction in real value.

Importantly though, the flatline isn’t quite as flat as the Big Picture chart implies, the share price now trading roughly twice the level when the split occurred and, perhaps more importantly, some folk who’ve been invested since 2015 are now showing an actual profit! Better still, it feels some continued price recovery is now possible as movement above 530p looks capable of provoking ongoing travel to an initial 552p with secondary, if bettered, at 588p and some probable hesitation.

For the longer term, closure above 588p shall prove crucial as this would emplace the share price in a region where influences from before the 190:1 share split become viable. As a result, we can calculate a future 683p as presenting a logical future ambition.

Finally, thanks for the emails regarding the photo of the muddy Easter dog. Glad to know it’s not just our monster who does this.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:05:05PM	BRENT	106.95									Success
10:12:04PM	GOLD	1950.42	1942	1939	1920	1960	1968	1974	1979	1956	Success
10:13:40PM	FTSE	7613.68
10:15:46PM	FRANCE	6576.8									‘cess
10:18:09PM	GERMANY	14197.58									‘cess
10:37:49PM	US500	4444.72	4430	4419	4402	4456	4472	4482	4500	4437	Success
10:40:09PM	DOW	34858.2									Success
10:42:25PM	NASDAQ	14084.97									Success
10:44:40PM	JAPAN	27221									‘cess

19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%

14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of -100%. Total value traded through LSE was: £ 5,560,387,967 a change of 0%

7/04/2022 FTSE Closed at 7551 points. Change of 0%. Total value traded through LSE was: £ 6,503,801,029 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:BP. BP PLC** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:TLW Tullow** **

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Updated charts published on : Asos, Avacta, BP PLC, Darktrace Plc, Experian, Glencore Xstra, Hargreaves Lansdown, Intertek, Just Eat, Tullow,

LSE:ASC Asos Close Mid-Price: 1447 Percentage Change: -1.23% Day High: 1501 Day Low: 1398

Weakness on Asos below 1398 will invariably lead to 1378 with secondary ( ……..

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LSE:AVCT Avacta. Close Mid-Price: 133.5 Percentage Change: + 5.20% Day High: 136.5 Day Low: 125.5

Target met. Further movement against Avacta ABOVE 136.5 should improve ac ……..

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LSE:BP. BP PLC. Close Mid-Price: 401.05 Percentage Change: + 0.40% Day High: 407.7 Day Low: 401.25

Target met. Continued trades against BP. with a mid-price ABOVE 407.7 sho ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 384.2 Percentage Change: + 5.29% Day High: 388.9 Day Low: 361.6

Weakness on Darktrace Plc below 361.6 will invariably lead to 351 with se ……..

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LSE:EXPN Experian Close Mid-Price: 2711 Percentage Change: -1.02% Day High: 2774 Day Low: 2649

Target met. Continued weakness against EXPN taking the price below 2649 c ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 535.6 Percentage Change: + 1.67% Day High: 540.2 Day Low: 527

In the event of Glencore Xstra enjoying further trades beyond 540.2, the ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 959.2 Percentage Change: -0.91% Day High: 971 Day Low: 949.4

Continued weakness against HL. taking the price below 949.4 calculates as ……..

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LSE:ITRK Intertek Close Mid-Price: 4943 Percentage Change: -2.74% Day High: 5066 Day Low: 4912

Target met. In the event Intertek experiences weakness below 4912 it calc ……..

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LSE:JET Just Eat Close Mid-Price: 2171 Percentage Change: -3.62% Day High: 2253.5 Day Low: 2114.5

Target met. Continued weakness against JET taking the price below 2114.5 ……..

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LSE:TLW Tullow Close Mid-Price: 58.25 Percentage Change: -0.77% Day High: 60 Day Low: 57.35

Now above 63 should indicate recovery to an initial 68 with secondary, if ……..

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

#Brent #Dax

Share prices can behave like dogs. Sometimes, you just don’t know what they’ll do next. Easter monday and the familiar dog route – without needing a waxed cotton jacket for the first time this year – proved memorable. The almost white Golden Retriever decided she had always wanted to try chocolate brown, nose diving into a peat bog. Natwest share price is starting to feel poised for trouble also, the share enjoying plenty of reasons to head upward, yet refusing to do so.

It begs the question, do Natwest intend head into a peat bog?

Currently the share price needs decline below 206p to suggest coming trauma as such a movement risks promoting reversal to an initial 192p. If broken, our secondary calculation runs deep at 181p, effectively matching the depths of the Russia drop in March. Visually, should such a number appear, there’s certainly considerable hope for a bounce.

However, we remain slightly optimistic for Natwest, due to the pattern of price movements during the last few months. The immediate situation hints, quite strongly, of movement above 226p being capable of a lift to 236p next with our longer term secondary working out at 260p, an ambition which should prove game changing for the share.

All Natwest need to is to start moving…

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:10:55PM	BRENT	111.84	109.7	108.41	106.56	112.25	112.77	114.16	119.78	109.73
10:12:42PM	GOLD	1979.34								1982
10:14:30PM	FTSE	7615.37								7600
10:16:09PM	FRANCE	6559								6560
10:17:44PM	GERMANY	14133.96	13964	13908	13823	14065	14159	14175	14246	14071
10:19:12PM	US500	4405.27								4394
10:21:05PM	DOW	34495								34467
10:22:23PM	NASDAQ	13969								13925
10:23:55PM	JAPAN	26919								26882

14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%

7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%

6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:STAN Standard Chartered** **

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Updated charts published on : Asos, Barrett Devs, Centamin, Darktrace Plc, Just Eat, Parkmead, Standard Chartered,

LSE:ASC Asos. Close Mid-Price: 1465 Percentage Change: + 0.07% Day High: 1495 Day Low: 1445

If Asos experiences continued weakness below 1445, it will invariably lead ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 508.6 Percentage Change: + 1.19% Day High: 509 Day Low: 494.7

Target met. In the event Barrett Devs experiences weakness below 494, it c ……..

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LSE:CEY Centamin Close Mid-Price: 97.24 Percentage Change: -1.44% Day High: 99.42 Day Low: 97.74

Above just 102 should indicate a change of tempo, allowing movement to an ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 364.9 Percentage Change: -8.73% Day High: 418.6 Day Low: 364

If Darktrace Plc experiences continued weakness below 364, it will invari ……..

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LSE:JET Just Eat Close Mid-Price: 2252.5 Percentage Change: -5.73% Day High: 2379.5 Day Low: 2250.5

Weakness on Just Eat below 2250.5 will invariably lead to 2198p with seco ……..

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LSE:PMG Parkmead. Close Mid-Price: 55.7 Percentage Change: + 0.54% Day High: 56.8 Day Low: 56.8

Parkmead still needs trades above 60 to suggest recovery to an initial 67 ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 508.4 Percentage Change: + 1.19% Day High: 511.2 Day Low: 499.1

Now above 526 suggests sharp movement to an initial 555 with secondary, if ……..

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

#FTSE #Gold

Some slight hope is apparent the FTSE should finally do something positive. Then again, it’s maybe just everyone looking forward to the chocolate jamboree over the coming Easter weekend, along with the first real stock market holiday of 2022. So far, April has proven quite frustrating, plenty of little nudges in the right direction, all invariably failing to come to fruition thanks to marketplace nerves about Russia, Johnston, inflation, the Chancellor, interest rates, parties, Covid-19, and anything else which takes the media’s fancy.

Meanwhile, there’s some concern among some sections of the media over reports the largest comet ever recorded is heading toward our planet and intends give it a miss… A bit of a pity as any excuse is always welcome to avoid trimming the lawn edges.

 

The FTSE closed Wednesday at 7580 points and now, need only exceed 7600 to enter a cycle toward an initial 7623 points. If bettered, our secondary ambition comes along at 7644 points and there’s something extremely interesting at such a level. Essentially, above 7644 and there’s very little impediment toward the FTSE entering a sharp race uphill toward 7735 points!

Should things decide to go the other way, our reversal scenario is fairly straightforward. Weakness now below 7550 points looks capable of promoting reversal to an initial 7501 points with secondary, if broken, down at 7424 points.

For the present, we’re inclined toward FTSE optimism, though perhaps it’s the threat of enjoying a couple of days break which, against all rules, look certain to be accompanied by good weather. Have a good weekend.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:43:22PM	BRENT	108.34	103.81	102.735		105.3	108.63	109.3		106.75	Success
9:44:46PM	GOLD	1976.79	1962	1957		1973	1982	1984		1971
9:47:15PM	FTSE	7572.78	7541	7532		7581	7596	7623		7555
9:49:36PM	FRANCE	6543.7	6462	6425		6528	6568	6605		6474	‘cess
9:51:45PM	GERMANY	14092	13958	13936		14057	14142	14165		14065
10:07:22PM	US500	4444	4388	4368		4406	4448	4458		4436
10:16:57PM	DOW	34556.9	34142	34027		34302	34608	34622		34523	‘cess
10:19:49PM	NASDAQ	14206.24	14120	14064		14182	14263	14318		14164	Success
10:22:20PM	JAPAN	26916	26645	26608		26804	26975	27051		26817	‘cess

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%

7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%

6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

5/04/2022 FTSE Closed at 7613 points. Change of 0.73%. Total value traded through LSE was: £ 8,046,795,473 a change of 61.76%

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:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CASP Caspian** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:SBRY Sainsbury** **LSE:SRP Serco** **LSE:TSCO Tesco** **

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Updated charts published on : Applied Graphene, Aston Martin, Barrett Devs, BP PLC, Caspian, Darktrace Plc, Experian, Fresnillo, Genel, Intertek, Just Eat, Sainsbury, Serco, Tesco,

LSE:AGM Applied Graphene. Close Mid-Price: 19 Percentage Change: + 0.00% Day High: 19 Day Low: 19

In the event Applied Graphene experiences weakness below 19, it calculates ……..

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LSE:AML Aston Martin Close Mid-Price: 807 Percentage Change: -1.25% Day High: 823.4 Day Low: 783

Target Met. Now below 782 suggests reversal to 765 next with secondary, if ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 502.6 Percentage Change: -1.99% Day High: 515.4 Day Low: 499.6

In the event Barrett Devs experiences weakness below 499.6 it calculates ……..

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LSE:BP. BP PLC. Close Mid-Price: 397.35 Percentage Change: + 0.35% Day High: 400.7 Day Low: 392.8

Further movement against BP PLC ABOVE 400.7 should improve acceleration t ……..

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LSE:CASP Caspian Close Mid-Price: 2.9 Percentage Change: -3.33% Day High: 3 Day Low: 2.8

Continued weakness against CASP taking the price below 2.8 calculates as ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 399.8 Percentage Change: -11.65% Day High: 479 Day Low: 384.7

In the event Darktrace Plc experiences weakness below 384.7 it calculates ……..

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LSE:EXPN Experian Close Mid-Price: 2734 Percentage Change: -0.69% Day High: 2744 Day Low: 2693

If Experian experiences continued weakness below 2693, it will invariably ……..

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LSE:FRES Fresnillo. Close Mid-Price: 822.8 Percentage Change: + 2.88% Day High: 822.8 Day Low: 793.4

Further movement against Fresnillo ABOVE 822.8 should improve acceleratio ……..

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LSE:GENL Genel Close Mid-Price: 194 Percentage Change: -1.02% Day High: 199 Day Low: 194.2

In the event of Genel enjoying further trades beyond 199, the share shoul ……..

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LSE:ITRK Intertek Close Mid-Price: 5060 Percentage Change: -0.43% Day High: 5082 Day Low: 5006

Continued weakness against ITRK taking the price below 5006 calculates as ……..

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LSE:JET Just Eat Close Mid-Price: 2389.5 Percentage Change: -4.52% Day High: 2503.5 Day Low: 2325.5

If Just Eat experiences continued weakness below 2325.5, it will invariab ……..

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LSE:SBRY Sainsbury Close Mid-Price: 238.6 Percentage Change: -2.45% Day High: 242.1 Day Low: 234.8

Weakness on Sainsbury below 234.8 will invariably lead to 220 with second ……..

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LSE:SRP Serco. Close Mid-Price: 150 Percentage Change: + 1.28% Day High: 152.1 Day Low: 147.7

Target met. Further movement against Serco ABOVE 152.1 should improve acc ……..

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LSE:TSCO Tesco Close Mid-Price: 265.2 Percentage Change: -2.00% Day High: 264.6 Day Low: 251.7

Target met. In the event Tesco experiences weakness below 251.7 it calcul ……..

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

#Dax_Futures #Dow

Something remained absent from TV, when 2021 turned into 2022. Traditionally we all faced a barrage of travel company commercials, all of which were utterly wasted in 2020 and mostly wasted at the start of 2021. Travel companies obviously opted to play safe this year, forgetting to remind us a nicer world awaits outside the UK. The recent demise of a manager at Manchester Airport suggested travel companies may not be suffering, despite their lack of alluring commercials.

 

Apparently Manchester Airport handled around 70,000 travellers in March 2021. This number nudged upward slightly in March 2022, over 2 million people slowly shuffling toward their aircraft. Management, however, remained in a mindset of 2021’s passenger numbers, hence the utter chaos. Which, in fairness, has effected other airports to lesser degrees. It becomes obvious the travel companies will be experiencing an uptick in demand and, as a result, surely it’s just a matter of time before organisations like TUI mention a change in fortunes. Hopefully such a mention shall produce a result with their share price as it appears to be marking time at present.

 

The share price for Tui Ag is remained, quite carefully, below the Blue downtrend since 2019. Equally, the price has studiously failed exceed the point of trend break for the previous Red uptrend since 2020 and conventionally, when we take these two signals together we’re supposed to anticipate the worst. In the case of Tui, ‘the worst’ translates into reversal to an ultimate bottom of just 35p. Visually absolutely nothing about such a target level makes sense with the result we smell a rat.

It’s certainly possible, maybe even probable, Tui shall exhibit some final reversal before a break through the Blue line, one of these kind gestures by the stock market, designed to scare the heck out of traders prior to a sharp rise. Should this be the game plan, we can calculate below 224p as threatening reversal to an initial 211p with secondary, if broken, at 192p and ideally the point where a bounce potential shall be discovered.

Any bounce capable of exceeding 249p should prove interesting as we can work out an initial ambition now at 282p. Ideally with closure above such a number, our secondary calculates at 322p but, in fairness, Tui could easily sprint onward to the 426p level, a point where a vague glass ceiling awaits.

If our suspicion is correct, Tui should experience a sharp reversal prior to a surge upward. It’s marginally possible the reversal on the 11th April shall prove sufficient but it really didn’t feel like the market was trying hard enough to scare the pants off folk.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:48:07PM	BRENT	104.6									Success
9:49:39PM	GOLD	1965.78									‘cess
9:51:28PM	FTSE	7547									Success
9:53:54PM	FRANCE	6501									‘cess
9:56:07PM	GERMANY	14030.99	13962	13885	13738	14095	14144	14192	14297	14042	Success
9:58:27PM	US500	4401.57									‘cess
10:03:36PM	DOW	34254	34102	34037	33824	34290	34360	34481	34608	34250	Shambles
10:06:36PM	NASDAQ	13951									Success
10:08:31PM	JAPAN	26305									Success

12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%

7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%

6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

5/04/2022 FTSE Closed at 7613 points. Change of 0.73%. Total value traded through LSE was: £ 8,046,795,473 a change of 61.76%

4/04/2022 FTSE Closed at 7558 points. Change of 0.28%. Total value traded through LSE was: £ 4,974,492,195 a change of -8.16%

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:ASC Asos** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:FGP Firstgroup** **LSE:JET Just Eat** **LSE:SCLP Scancell** **LSE:SRP Serco** **LSE:TRN The Trainline** **

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Updated charts published on : Aston Martin, Asos, BP PLC, British Telecom, Firstgroup, Just Eat, Scancell, Serco, The Trainline,

LSE:AML Aston Martin. Close Mid-Price: 817.2 Percentage Change: + 0.69% Day High: 831 Day Low: 785

Continued weakness against AML taking the price below 785 calculates as l ……..

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LSE:ASC Asos. Close Mid-Price: 1612 Percentage Change: + 4.81% Day High: 1648 Day Low: 1447

If Asos experiences continued weakness below 1447, it will invariably lea ……..

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LSE:BP. BP PLC. Close Mid-Price: 395.95 Percentage Change: + 2.41% Day High: 398 Day Low: 388.4

Target met. In the event of BP PLC enjoying further trades beyond 398, th ……..

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LSE:BT.A British Telecom. Close Mid-Price: 193.7 Percentage Change: + 0.62% Day High: 193.8 Day Low: 190

In the event of British Telecom enjoying further trades beyond 193.8, the ……..

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LSE:FGP Firstgroup Close Mid-Price: 115 Percentage Change: -0.86% Day High: 117 Day Low: 114.3

All Firstgroup needs are mid-price trades ABOVE 117 to improve accelerati ……..

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LSE:JET Just Eat Close Mid-Price: 2502.5 Percentage Change: -1.48% Day High: 2550.5 Day Low: 2460

In the event Just Eat experiences weakness below 2460 it calculates with ……..

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LSE:SCLP Scancell. Close Mid-Price: 17.25 Percentage Change: + 2.07% Day High: 18.75 Day Low: 16.12

Further movement against Scancell ABOVE 18.75 should improve acceleration ……..

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LSE:SRP Serco. Close Mid-Price: 148.1 Percentage Change: + 0.95% Day High: 148.6 Day Low: 144.6

Continued trades against SRP with a mid-price ABOVE 148.6 should improve ……..

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LSE:TRN The Trainline. Close Mid-Price: 281.7 Percentage Change: + 1.44% Day High: 291.5 Day Low: 272.2

All The Trainline needs are mid-price trades ABOVE 291.5 to improve accel ……..

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

#Gold #SP500

It’s funny how a brush with UFO’s can provoke thoughts on UPS’ share price. It all started with two lights in the night sky, one which made an impossible 90 degree turn with no loss of speed, the other continuing onward in utter silence. In the years since the event, clear nights justified wandering outside but for the last two years, the primary moving lights high overhead have been from UPS & DHL airfreight craft.

The shear volume of airfreight proved astounding, especially during Lockdowns as passenger aircraft became a rarity. Instead, a hurried glance at the popular FlightRadar24 website would reveal incredible numbers of air cargo jets, moving parcels back and forth across the Atlantic. Recently however, while there’s a noticeable uptick in passenger jets, there also appears to be a reduction in the number of cargo aircraft, making us wonder if the charge back to “normal” is now effecting peoples shopping habits, fewer parcels needing sent around the world. Quite why people prefer shopping ‘in person’ remains a complete mystery.

 

A glance at UPS’s share price starts to confirm this suspicion as something certainly appears to be going on, due to their share price constantly descending to lower altitudes.

UPS needs exceed $203 to nullify this scenario, so as it’s trading around $190, this permits a reasonable stop loss level.

Now below $186 allows weakness down to an initial $168 with secondary, if broken, at $154 and visually, a very possible bounce level. There is the potential for extreme danger, should the price discover an excuse to close a session below $154 as we can calculate $120 as a “bottom”.

Infosys Limited (NYSE:INFY) A share, clearly beloved by the current UK chancellor and his wife, trades on the New York stock exchange and for obvious reasons, must be worthy of a glance. From Wikipedia, the company is described as “Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore“.

Doubtless the company are cursing the political ambitions of one of the family as it appears their share price has suffered, thanks to the rumbling scandal from the UK. The immediate situation looks fraught with danger as weakness below $22.5 looks capable of promoting reversal to a pretty safe sounding $21.94. While visually there’s a degree of hope for a rebound from such a level, things become nasty as the price will be viewed as breaking the Covid-19 uptrend since 2020. This creates a situation where weakness below $21.94 allows further traffic down to the $17 level.

We can hope the company have avoided contracts with the UK Government. The current climate shall doubtless expose them to scrutiny, conjecture and rumour. Should the $17 level make an appearance, there’s a severe risk of ongoing weakness to an eventual ultimate bottom at $9.22.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:29:05PM	BRENT	99.18
10:30:56PM	GOLD	1954.36	1940	1933	1921	1950	1969	1973	1982	1945	‘cess
10:33:36PM	FTSE	7590.43									‘cess
10:35:44PM	FRANCE	6506.3									‘cess
10:37:28PM	GERMANY	14078.36									‘cess
10:54:29PM	US500	4415	4407	4397	4374	4422	4460	4471	4482	4425	Success
10:58:06PM	DOW	34331									‘cess
11:01:39PM	NASDAQ	14000									‘cess
11:03:33PM	JAPAN	26731

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%

7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%

6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

5/04/2022 FTSE Closed at 7613 points. Change of 0.73%. Total value traded through LSE was: £ 8,046,795,473 a change of 61.76%

4/04/2022 FTSE Closed at 7558 points. Change of 0.28%. Total value traded through LSE was: £ 4,974,492,195 a change of -8.16%

1/04/2022 FTSE Closed at 7537 points. Change of 0.29%. Total value traded through LSE was: £ 5,416,602,044 a change of -16.69%

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:AVCT Avacta** **LSE:EME Empyrean** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:SCLP Scancell** **

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Updated charts published on : Aston Martin, Avacta, Empyrean, Glencore Xstra, British Airways, Scancell,

LSE:AML Aston Martin Close Mid-Price: 811.6 Percentage Change: -6.69% Day High: 875.4 Day Low: 797.4

Target met. Weakness on Aston Martin below 797 will invariably lead to 78 ……..

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LSE:AVCT Avacta. Close Mid-Price: 112 Percentage Change: + 12.45% Day High: 126.5 Day Low: 100

Target met. All Avacta needs are mid-price trades ABOVE 126.5 to improve ……..

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LSE:EME Empyrean Close Mid-Price: 11.5 Percentage Change: -2.54% Day High: 13 Day Low: 11.5

All Empyrean needs are mid-price trades ABOVE 13 to improve acceleration ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 520.4 Percentage Change: -1.44% Day High: 536.4 Day Low: 520.4

Continued trades against GLEN with a mid-price ABOVE 536.4 should improve ……..

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LSE:IAG British Airways. Close Mid-Price: 136.48 Percentage Change: + 2.49% Day High: 139.1 Day Low: 130.6

Weakness on British Airways below 130.6 will invariably lead to 119 with ……..

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LSE:SCLP Scancell. Close Mid-Price: 16.9 Percentage Change: + 57.21% Day High: 18.25 Day Low: 10.75

Target met. All Scancell needs are mid-price trades ABOVE 18.25 to improv ……..

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

#BrentFutures #DAX Continuing our moan about the weather in Scotland, some early buds were spotted on a cherry blossom tree overhanging a garden pool. Maybe Spring is coming but during the night, we also saw -4c temperatures. Similarly, Lloyds Bank share price is currently exhibiting some tentative movements, perhaps teasing us of some good times ahead. Can we be confident?

If we continue to pretend optimism, apparently now above 45.55p should trigger a slow but steady, share price recovery toward an initial 53.5p, visually a truly remarkable result and an ambition capable of running into the Blue downtrend since the heady days before the pandemic. This sort of thing tends make the scenario believable but we’ve some doubts over our secondary calculation. We work out should 53.5p be exceeded, a secondary of 57.3p can be conjured.

Our worry about the secondary is it risks being quite game changing! It’s a high, higher than the previous high within the ruling downtrend, thus, in catchy market lingo, it’s an official “higher high”. This allows us to cough politely and grudgingly admit the Big Picture now exerts a longer term attraction at a future 77p, a return to levels not seen since 2015 and a more innocent time, when the UK chancellor was apparently working in the US, thanks to his Green Card credentials. Something distinctly fishy appears to be taking place with Ian Hyslop and Co being extremely careful with their words on the recent ‘Have I Got News For You’ telly show. Hopefully any impending implosion in the UK treasury fails to further damage the banking sector.

However, should the UK chancellor intend continue the illustrious political tradition of ruining the markets, Lloyds need only trade below 43.3p to risk triggering reversals to an initial 40.5p. If broken, our secondary calculates at 37.3p, breaking the immediate uptrend and risking a visit to a longer term “bottom” at 28p. Similar to everything going on in Downing St, the weight of movements against Lloyds share price is extremely messy but fast approaching a point where some solid movements shall become inevitable. Unfortunately, we lack confidence as to direction currently.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
1:51:03PM	BRENT	102.42	98.34	95.655	87.37	102	104.35	105.585	108	100.7
8:32:13PM	GOLD	1947.64									‘cess
9:01:30PM	FTSE	7650.67									Success
9:03:58PM	FRANCE	6509.5
9:21:02PM	GERMANY	14224	14135	14102	14028	14205	14326	14363	14475	14226
9:22:43PM	US500	4492
9:46:40PM	DOW	34737									‘cess
9:48:31PM	NASDAQ	14331
9:50:29PM	JAPAN	26998

8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%

7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%

6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

5/04/2022 FTSE Closed at 7613 points. Change of 0.73%. Total value traded through LSE was: £ 8,046,795,473 a change of 61.76%

4/04/2022 FTSE Closed at 7558 points. Change of 0.28%. Total value traded through LSE was: £ 4,974,492,195 a change of -8.16%

1/04/2022 FTSE Closed at 7537 points. Change of 0.29%. Total value traded through LSE was: £ 5,416,602,044 a change of -16.69%

31/03/2022 FTSE Closed at 7515 points. Change of -0.83%. Total value traded through LSE was: £ 6,501,691,261 a change of -12.58%

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:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:FGP Firstgroup** **LSE:GLEN Glencore Xstra** **LSE:SPX Spirax** **LSE:VOD Vodafone** **

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Updated charts published on : Avacta, Astrazeneca, British Telecom, Caspian, Firstgroup, Glencore Xstra, Spirax, Vodafone,

LSE:AVCT Avacta. Close Mid-Price: 99.6 Percentage Change: + 11.91% Day High: 105.5 Day Low: 90

Target met. In the event of Avacta enjoying further trades beyond 105.5, ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10930 Percentage Change: + 2.46% Day High: 11000 Day Low: 10718

Target met. All Astrazeneca needs are mid-price trades ABOVE 11000 to imp ……..

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LSE:BT.A British Telecom. Close Mid-Price: 191 Percentage Change: + 1.35% Day High: 192.7 Day Low: 188.85

Further movement against British Telecom ABOVE 192.7 should improve accel ……..

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LSE:CASP Caspian Close Mid-Price: 3 Percentage Change: -4.76% Day High: 3.15 Day Low: 2.85

Weakness on Caspian below 2.85 will invariably lead to 2.2 with secondary ……..

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LSE:FGP Firstgroup Close Mid-Price: 114.2 Percentage Change: -0.26% Day High: 116.4 Day Low: 113.6

In the event of Firstgroup enjoying further trades beyond 116.4, the shar ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 528 Percentage Change: + 2.58% Day High: 527.7 Day Low: 515.8

Target met. Further movement against Glencore Xstra ABOVE 527.7 should im ……..

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LSE:SPX Spirax Close Mid-Price: 12710 Percentage Change: -2.19% Day High: 13140 Day Low: 12480

All Spirax needs are mid-price trades ABOVE 13140 to improve acceleration ……..

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LSE:VOD Vodafone. Close Mid-Price: 129.28 Percentage Change: + 1.92% Day High: 129.64 Day Low: 127.48

There are some early signs this may be getting ready to move. Above just 1 ……..

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