Legal & General Plc, a temperate share

#WallSt #Brent

When taking the temperature, it can be a useful idea to use a thermometer! When it comes to the mood of the marketplace, Legal & General are one of our “thermometer” shares, essentially a subject which is pretty boring but usually plays by the rules. But… not always.

When we reviewed LGEN last November, we’d a couple of criteria for long term good behaviour, one of which – our ambition of 318p – failed to be achieved with the resultant suspicion of some price weakness being present. In January this year, despite the share price surging upward, the rise arrested at 310p and the story since has been one of failure. The most recent 7 sessions exhibited some traumatic falls, topped off with a few quite strong looking days of recovery, perhaps designed to indicate the price has “bottomed”.

We’re not entirely confident, thanks to something we find terribly important.

From our perspective, the share requires to close a session above roughly 263.565p, this being the level at which the share price broke the uptrend since pandemic day back in March 2020. The price has come close but, in common with very many other shares on Wednesday March 9th 2022, despite a day which felt strong, the lack of share prices closing the session in safe territory was worth commenting on. It certainly provokes a worry, whether we “only” saw the inevitable bounce which will often follow a strong fall, such as experienced last week.

Should this be the case, Legal & General are now at risk where below 242p could easily trigger a reversal cycle to an initial 220p and a possible short term bounce. If broken, our longer term secondary target calculates down at a hopeful 190p. At present, we’ve little choice but to watch for 171p making an appearance as overall, this currently looks like providing a “bottom”.

Thankfully the share doesn’t need work terribly hard to explore our alternate scenario. Closure above just 264p should allegedly trigger some recovery to an initial 294p. If bettered, our secondary works out at 313p, a number with some reasonable implications for the longer term.

Finally, we’ve always a degree of fondness for Legal & General thanks to a chums mistake 13 years ago. Thirteen years ago on March 9th, 2009 (The day the market bottomed), she spent the princely sum of £80 on LGEN shares. She had intended buy £800 worth but made a classic fat finger investment. I think she paid 26p per share and still has them. I know with some certainty she has not bought any shares recently

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:36:00PM BRENT 111.41 104.8 98.13 88.11 115 121 125 132 108 Success
9:38:40PM GOLD 1991.67 ‘cess
9:41:55PM FTSE 7187.41 Success
10:08:49PM FRANCE 6385 Success
10:10:43PM GERMANY 13847
10:19:44PM US500 4281 ‘cess
10:21:30PM DOW 32557.4 32542 32230 31818 32842 33466 33490 33814 33241
10:25:44PM NASDAQ 13778 Success
10:29:32PM JAPAN 25397 ‘cess
9/03/2022 FTSE Closed at 7190 points. Change of 3.25%. Total value traded through LSE was: £ 8,087,014,052 a change of -12.41%
8/03/2022 FTSE Closed at 6964 points. Change of 0.07%. Total value traded through LSE was: £ 9,232,494,481 a change of -9.7%
7/03/2022 FTSE Closed at 6959 points. Change of -0.4%. Total value traded through LSE was: £ 10,224,193,154 a change of 15.38%
4/03/2022 FTSE Closed at 6987 points. Change of -3.47%. Total value traded through LSE was: £ 8,861,498,669 a change of 14.29%
3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%

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:AZN Astrazeneca** **LSE:FRES Fresnillo** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:ITM ITM Power** **LSE:ODX Omega Diags** **LSE:RBD Reabold Resources PLC** **

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Updated charts published on : Astrazeneca, Fresnillo, Hurrican Energy, Igas Energy, ITM Power, Omega Diags, Reabold Resources PLC,

LSE:AZN Astrazeneca. Close Mid-Price: 9121 Percentage Change: + 4.28% Day High: 9099 Day Low: 8810

Further movement against Astrazeneca ABOVE 9099 should improve accelerati ……..

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LSE:FRES Fresnillo Close Mid-Price: 749.6 Percentage Change: -7.27% Day High: 820 Day Low: 748

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LSE:HUR Hurrican Energy Close Mid-Price: 9.44 Percentage Change: -14.23% Day High: 12.34 Day Low: 9.31

Target met. Continued trades against HUR with a mid-price ABOVE 12.34 sho ……..

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LSE:IGAS Igas Energy Close Mid-Price: 23.6 Percentage Change: -12.10% Day High: 33.7 Day Low: 22.6

Target met. Further movement against Igas Energy ABOVE 33.7 should improv ……..

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LSE:ITM ITM Power Close Mid-Price: 397 Percentage Change: -2.26% Day High: 441 Day Low: 365.2

All ITM Power needs are mid-price trades ABOVE 441 to improve acceleratio ……..

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LSE:ODX Omega Diags Close Mid-Price: 3.85 Percentage Change: -10.47% Day High: 4.35 Day Low: 3.8

Weakness on Omega Diags below 3.8 will invariably lead to 3.73 with secon ……..

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LSE:RBD Reabold Resources PLC. Close Mid-Price: 0.38 Percentage Change: + 1.35% Day High: 0.42 Day Low: 0.36

Target met. All Reabold Resources PLC needs are mid-price trades ABOVE 0. ……..

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

Nordex SE, blowing in the wind XE:NDX1

#FTSE #Nasdaq

Our weekly glance into Europe revealed wind turbine designer and manufacturer have a share price which appears on the verge of doing quite well again. A day spent across on the mainland, visiting Edinburgh, revealed with painful clarity how intrusive these machines are, spreading across the boring landscape beside the motorway. Thankfully, living in a National Park here in Argyll, we are pretty well insulated from the visual blight windfarms bring.

 

Obviously, the Russia thing has been having an affect on share prices but there’s something slightly interesting about the picture Nordex present. Their share price obviously exceeded the pre-pandemic level toward the end of 2020, the period since experiencing strong growth. We’d expected this period of growth to fade away around the 26€ level but the share price almost made it to 30€ before experiencing some reversal. Than something quite odd happened.

Once a series of “higher highs” had been explored, the price commenced reversal, rather neatly down to the level achieved pre-pandemic. We wonder if this sort of behaviour should be anticipated in the UK, when shares start to exceed their pre-pandemic highs. Perhaps, of course, the Russia thing shall derail optimism of course.

 

Near term, the situation feels like movement above 18€ should promote price growth to an initial 21.8 with secondary, if bettered, at 30 euro. In fact, if we’re generous, we can point to a future 37€ as exerting a really distant attraction for this share price. Hopefully none of their windfarm salesmen opt to knock on our door as we’re inclined toward the windmills being placed in the sea or toward the better green option, nuclear power.

For everything to go horribly wrong for Nordex, the share price needs below 12€

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:10:14PM BRENT 127.75
11:12:38PM GOLD 2049.93 Success
11:15:00PM FTSE 7004.25 6980 6959 6907 7024 7070 7134 7176 7006 ‘cess
11:17:33PM FRANCE 6092.7 Success
11:19:55PM GERMANY 13002.52 Success
11:22:02PM US500 4160.42 ‘cess
11:34:16PM DOW 32642.9 ‘cess
11:37:23PM NASDAQ 13250 13181 13110 12925 13363 13424 13464 13559 13270 Shambles
11:39:53PM JAPAN 24787 Success
8/03/2022 FTSE Closed at 6964 points. Change of 0.07%. Total value traded through LSE was: £ 9,232,494,481 a change of -9.7%
7/03/2022 FTSE Closed at 6959 points. Change of -0.4%. Total value traded through LSE was: £ 10,224,193,154 a change of 15.38%
4/03/2022 FTSE Closed at 6987 points. Change of -3.47%. Total value traded through LSE was: £ 8,861,498,669 a change of 14.29%
3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%

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:AZN Astrazeneca** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:ITM ITM Power** **LSE:OCDO Ocado Plc** **LSE:PMG Parkmead** **LSE:SCLP Scancell** **LSE:SNN Sanne Plc** **LSE:TLW Tullow** **

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Updated charts published on : Astrazeneca, Carnival, Centamin, Diageo, Experian, Fresnillo, Hargreaves Lansdown, Hurrican Energy, Igas Energy, ITM Power, Ocado Plc, Parkmead, Scancell, Sanne Plc, Tullow,

LSE:AZN Astrazeneca. Close Mid-Price: 8747 Percentage Change: + 1.11% Day High: 8783 Day Low: 8521

This currently needs above 8844 to provoke an initial 9467 with secondary, ……..

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LSE:CCL Carnival Close Mid-Price: 1092.2 Percentage Change: -2.67% Day High: 1149 Day Low: 1047

Weakness on Carnival below 1047 will invariably lead to 956 with secondar ……..

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LSE:CEY Centamin. Close Mid-Price: 109.75 Percentage Change: + 3.20% Day High: 110.85 Day Low: 104.65

All Centamin needs are mid-price trades ABOVE 110.85 to improve accelerat ……..

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LSE:DGE Diageo Close Mid-Price: 3343 Percentage Change: -0.16% Day High: 3416.5 Day Low: 3282.5

Weakness on Diageo below 3282.5 will invariably lead to 3155 with seconda ……..

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LSE:EXPN Experian Close Mid-Price: 2706 Percentage Change: -4.31% Day High: 2827 Day Low: 2702

Target met. Continued weakness against EXPN taking the price below 2702 c ……..

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LSE:FRES Fresnillo. Close Mid-Price: 808.4 Percentage Change: + 9.33% Day High: 816.4 Day Low: 756.4

Continued trades against FRES with a mid-price ABOVE 816.4 should improve ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 997.8 Percentage Change: -0.02% Day High: 1007 Day Low: 961.8

Weakness on Hargreaves Lansdown below 961.8 will invariably lead to 887 w ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 11 Percentage Change: + 25.00% Day High: 10.99 Day Low: 9.19

Target met. All Hurrican Energy needs are mid-price trades ABOVE 10.99 to ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 26.85 Percentage Change: + 36.47% Day High: 26.5 Day Low: 19.05

Target met. Continued trades against IGAS with a mid-price ABOVE 26.5 sho ……..

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LSE:ITM ITM Power. Close Mid-Price: 406.2 Percentage Change: + 15.59% Day High: 406.4 Day Low: 354.8

Target met. Further movement against ITM Power ABOVE 406.4 should improve ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1105 Percentage Change: -6.40% Day High: 1169.5 Day Low: 1060.5

Target met. Weakness on Ocado Plc below 1060.5 will invariably lead to 10 ……..

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LSE:PMG Parkmead Close Mid-Price: 56 Percentage Change: -1.75% Day High: 60 Day Low: 55

All Parkmead needs are mid-price trades ABOVE 60 to improve acceleration ……..

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LSE:SCLP Scancell Close Mid-Price: 11.38 Percentage Change: -2.15% Day High: 11.62 Day Low: 11.12

Target met. In the event Scancell experiences weakness below 11.12 it cal ……..

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LSE:SNN Sanne Plc. Close Mid-Price: 912 Percentage Change: + 0.00% Day High: 913 Day Low: 912

This has spent the last 6 months, behaving like a joke awaiting the punchl ……..

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LSE:TLW Tullow. Close Mid-Price: 62.24 Percentage Change: + 9.58% Day High: 63.26 Day Low: 56.56

Further movement against Tullow ABOVE 63.26 should improve acceleration t ……..

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

Hurricane Energy Plc blowing UP?

#Gold #SP500

Time flies and, just like that, tomorrow is the 13th anniversary of March 9th, 2009. For those who’ve forgotten, or missed all the fun, this represented the point at which the UK markets discovered “bottom” during the financial crisis, that ‘thing’ the retail banks never really recovered from. Recent movements among FTSE 100 constituents are proving a small worry for obvious reasons and it’s possible, rather than facing a “bottom” we’re about to witness the start of something awful.

 

Daily, we scan over 80 shares and, by the close of business on Monday, something quite extraordinary had happened. Over 50% of the shares we monitor had triggered reversals, requiring an unheard of 46 shares requiring their numbers updated. Sometimes, it can be as few as just 8 shares! Unfortunately, now we’re in the position of anticipation some strong reversals, despite the FTSE 100 managing to pull back 200 points from its low on Monday.

Making matters worse, we glanced down a technical ratings table and in the process discovered brokers are suggesting many companies should be rated as ‘Strong Sell’, the guilty parties often being members of the FTSE 100. We’d hoped higher Oil & Gold prices would place a proportionate focus on extraction shares, ideally pulling the market back and while this has happened, we doubt the effect shall remain unless something positive occurs with the Ukraine/Russia thing.

 

Meanwhile, there was Hurricane Energy, a company enjoying a reasonable day on the market, up 7.19% on the day and closing the session at 8.8p. More importantly, it closed the session above the Blue downtrend since 2019, this tending suggest the movements may actually have some strength which shall last. The immediate situation is quite exciting, suggesting strength above 9.35p should next promote movement to an initial 12p. If exceeded, our longer term secondary calculates at 17p.

Overall the share is seen as commencing a cycle to 24p eventually as a major point of interest. Given the relative flatline for the last few years, goodness knows how long it should take.

For everything to go horribly wrong, the share price needs close a session below 8.1p as this risks reversal to an initial 6p with secondary, if broken, at 4.7p, essentially a return to the way things were.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:55:07PM BRENT 122.83 Success
9:56:57PM GOLD 1997.25 1974 1968 1957 1985 2003 2008 2024 1990 ‘cess
10:00:58PM FTSE 6897.55 ‘cess
10:03:43PM FRANCE 5862.5 ‘cess
10:06:16PM GERMANY 12603 Success
10:26:34PM US500 4189.52 4186 4173 4091 4235 4250 4273 4302 4224 Success
10:41:52PM DOW 32737 ‘cess
10:44:39PM NASDAQ 13278 Success
10:46:21PM JAPAN 25024 ‘cess
7/03/2022 FTSE Closed at 6959 points. Change of -0.4%. Total value traded through LSE was: £ 10,224,193,154 a change of 15.38%
4/03/2022 FTSE Closed at 6987 points. Change of -3.47%. Total value traded through LSE was: £ 8,861,498,669 a change of 14.29%
3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%

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:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Aston Martin, Asos, Aviva, Barclays, BALFOUR BEATTY, Barrett Devs, Cellular Goods, Carnival, Capita, 4D Pharma, Diageo, MAN, Experian, EasyJet, Firstgroup, Foxtons, Fresnillo, Glencore Xstra, Hikma, Hurrican Energy, British Airways, IG Group, Intercontinental Hotels Group, International Personal Finance, ITM Power, ITV, Lloyds Grp., Marks and Spencer, Natwest, Ocado Plc, Omega Diags, OPG Power Ventures, Oxford Instruments, Parkmead, Royal Mail, Rolls Royce, Sainsbury, Scancell, Speedyhire, Spirax, Serco, Standard Chartered, The Trainline, Taylor Wimpey, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 763.4 Percentage Change: -2.85% Day High: 794.6 Day Low: 700

Target met. If Aston Martin experiences continued weakness below 700, it ……..

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LSE:ASC Asos. Close Mid-Price: 1690 Percentage Change: + 5.00% Day High: 1800 Day Low: 1502

Target met. In the event Asos experiences weakness below 1502 it calculat ……..

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LSE:AV. Aviva Close Mid-Price: 374.5 Percentage Change: -3.18% Day High: 385 Day Low: 361.2

If Aviva experiences continued weakness below 361.2, it will invariably l ……..

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LSE:BARC Barclays Close Mid-Price: 151.62 Percentage Change: -3.30% Day High: 155.1 Day Low: 142.06

Target met. Continued weakness against BARC taking the price below 142.06 ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 215.6 Percentage Change: -1.73% Day High: 220.8 Day Low: 207.8

If BALFOUR BEATTY experiences continued weakness below 207.8, it will inv ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 541 Percentage Change: -0.51% Day High: 554.2 Day Low: 511.8

Target met. If Barrett Devs experiences continued weakness below 511.8, i ……..

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LSE:CAR Carclo. Close Mid-Price: 22.75 Percentage Change: + 1.34% Day High: 22 Day Low: 18.6

Target met. If Carclo experiences continued weakness below 18.6, it will ……..

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LSE:CBX Cellular Goods Close Mid-Price: 2.88 Percentage Change: -12.88% Day High: 3.5 Day Low: 2.62

Target met. Weakness on Cellular Goods below 2.62 will invariably lead to ……..

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LSE:CCL Carnival Close Mid-Price: 1122.2 Percentage Change: -6.14% Day High: 1203.6 Day Low: 1070.6

Target met. Continued weakness against CCL taking the price below 1070.6 ……..

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LSE:CPI Capita Close Mid-Price: 20.78 Percentage Change: -6.98% Day High: 22.05 Day Low: 19.89

Target met. If Capita experiences continued weakness below 19.89, it will ……..

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LSE:DDDD 4D Pharma. Close Mid-Price: 27.9 Percentage Change: + 5.08% Day High: 28.25 Day Low: 24.5

Weakness on 4D Pharma below 24.5 will invariably lead to 23p with seconda ……..

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LSE:DGE Diageo Close Mid-Price: 3348.5 Percentage Change: -4.57% Day High: 3421.5 Day Low: 3318

Target met. In the event Diageo experiences weakness below 3318 it calcul ……..

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LSE:EMG MAN. Close Mid-Price: 186.55 Percentage Change: + 1.97% Day High: 188.8 Day Low: 177.3

Target met. Continued weakness against EMG taking the price below 177.3 c ……..

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LSE:EXPN Experian Close Mid-Price: 2828 Percentage Change: -0.18% Day High: 2856 Day Low: 2729

If Experian experiences continued weakness below 2729, it will invariably ……..

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LSE:EZJ EasyJet Close Mid-Price: 439.5 Percentage Change: -7.53% Day High: 465.5 Day Low: 417.4

Target met. Weakness on EasyJet below 417.4 will invariably lead to 406 w ……..

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LSE:FGP Firstgroup Close Mid-Price: 88.55 Percentage Change: -3.75% Day High: 97 Day Low: 83.95

Target met. If Firstgroup experiences continued weakness below 83.95, it ……..

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LSE:FOXT Foxtons Close Mid-Price: 31.35 Percentage Change: -3.24% Day High: 32.1 Day Low: 30.05

In the event Foxtons experiences weakness below 30.05 it calculates with ……..

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LSE:FRES Fresnillo Close Mid-Price: 739.4 Percentage Change: -0.35% Day High: 783.4 Day Low: 735.4

Target met. In the event of Fresnillo enjoying further trades beyond 783. ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 474.85 Percentage Change: + 3.08% Day High: 490 Day Low: 465.1

All Glencore Xstra needs are mid-price trades ABOVE 490 to improve accele ……..

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LSE:HIK Hikma Close Mid-Price: 1825 Percentage Change: -1.93% Day High: 1871 Day Low: 1767

Target met. In the event Hikma experiences weakness below 1767 it calcula ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 8.8 Percentage Change: + 7.19% Day High: 9.35 Day Low: 8.21

Target met. In the event of Hurrican Energy enjoying further trades beyon ……..

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LSE:IAG British Airways Close Mid-Price: 116.24 Percentage Change: -5.86% Day High: 123.38 Day Low: 109.42

Target met. Continued weakness against IAG taking the price below 109.42 ……..

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LSE:IGG IG Group. Close Mid-Price: 724 Percentage Change: + 0.21% Day High: 731 Day Low: 698

In the event IG Group experiences weakness below 698 it calculates with a ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4505 Percentage Change: -2.07% Day High: 4665 Day Low: 4300

Weakness on Intercontinental Hotels Group below 4300 will invariably lead ……..

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LSE:IPF International Personal Finance Close Mid-Price: 90 Percentage Change: -5.26% Day High: 92.7 Day Low: 85.5

Target met. If International Personal Finance experiences continued weakn ……..

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LSE:ITM ITM Power. Close Mid-Price: 351.4 Percentage Change: + 11.63% Day High: 361.2 Day Low: 308.2

In the event of ITM Power enjoying further trades beyond 361.2, the share ……..

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LSE:ITV ITV Close Mid-Price: 73.44 Percentage Change: -2.42% Day High: 76.78 Day Low: 69.3

If ITV experiences continued weakness below 69.3, it will invariably lead ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 41.25 Percentage Change: -4.14% Day High: 42.27 Day Low: 38.09

Target met. Continued weakness against LLOY taking the price below 38.09 ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 149.9 Percentage Change: -4.70% Day High: 154.85 Day Low: 140.65

Target met. In the event Marks and Spencer experiences weakness below 140 ……..

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LSE:NWG Natwest Close Mid-Price: 192.85 Percentage Change: -4.77% Day High: 197.25 Day Low: 182.85

Target met. If Natwest experiences continued weakness below 182.85, it wi ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1180.5 Percentage Change: -2.76% Day High: 1206 Day Low: 1118

Continued weakness against OCDO taking the price below 1118 calculates as ……..

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LSE:ODX Omega Diags. Close Mid-Price: 5.5 Percentage Change: + 24.29% Day High: 5.75 Day Low: 4.25

If Omega Diags experiences continued weakness below 4.25, it will invaria ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 7 Percentage Change: + 3.70% Day High: 6.92 Day Low: 6.6

Weakness on OPG Power Ventures below 6.6 will invariably lead to 6.25 nex ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1760 Percentage Change: -22.81% Day High: 1892 Day Low: 1600

Target met. Continued weakness against OXIG taking the price below 1600 c ……..

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LSE:PMG Parkmead. Close Mid-Price: 57 Percentage Change: + 11.11% Day High: 59.2 Day Low: 53

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LSE:RMG Royal Mail Close Mid-Price: 339.5 Percentage Change: -3.82% Day High: 346 Day Low: 330.6

Target met. Weakness on Royal Mail below 330.6 will invariably lead to 31 ……..

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LSE:RR. Rolls Royce Close Mid-Price: 88.21 Percentage Change: -2.24% Day High: 92.59 Day Low: 83.5

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LSE:SBRY Sainsbury. Close Mid-Price: 250.5 Percentage Change: + 0.72% Day High: 250.9 Day Low: 236.3

Target met. If Sainsbury experiences continued weakness below 236.3, it w ……..

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LSE:SCLP Scancell Close Mid-Price: 11.62 Percentage Change: -7.92% Day High: 12.62 Day Low: 11.5

Weakness on Scancell below 11.5 will invariably lead to 11.25 with second ……..

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LSE:SDY Speedyhire Close Mid-Price: 47.3 Percentage Change: -2.57% Day High: 48.6 Day Low: 46.2

Continued weakness against SDY taking the price below 46.2 calculates as ……..

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LSE:SPX Spirax. Close Mid-Price: 11360 Percentage Change: + 2.11% Day High: 11430 Day Low: 10785

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LSE:SRP Serco Close Mid-Price: 121.2 Percentage Change: -2.73% Day High: 124.5 Day Low: 118.9

Target met. If Serco experiences continued weakness below 118.9, it will ……..

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LSE:STAN Standard Chartered Close Mid-Price: 450.4 Percentage Change: -4.01% Day High: 460 Day Low: 431.3

Weakness on Standard Chartered below 431.3 will invariably lead to 407 wi ……..

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LSE:TRN The Trainline Close Mid-Price: 159.6 Percentage Change: -2.80% Day High: 166.9 Day Low: 147.4

Target met. If The Trainline experiences continued weakness below 147.4, ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 130.55 Percentage Change: -1.92% Day High: 134.9 Day Low: 125.65

Target met. Continued weakness against TW. taking the price below 125.65 ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 96.4 Percentage Change: -2.63% Day High: 101 Day Low: 97.5

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

Natwest Group and the opposite of fizzing.

Natwest Group (LSE:NWG)

It’s more difficult to find anything positive about Natwest than find any unbiased news source about the Russia/Ukraine mess. Thanks to the Russian broadcaster RT being banned from Europe, an attempt to reach their website produced some worrying internet activity, advising my “Browser was being checked before I could continue”. An unwritten rule of the internet is fairly simple; if something strange happens, close it down and do something else.

As this sort of thing hasn’t been happened when accessing the UK state broadcaster, the BBC, it was certainly time to move on and find something else to moan about. And along came Natwest Group as a willing candidate.

 

Just three weeks ago, we were speculating on the potentials of Natwest entering a future above 3 quid. Unfortunately, everything has gone wrong for the share price and crucially, it has now managed to close a session below 207p, the magically level where the banks price had pierced the downtrend since 2008. This sort of thing is, from our perspective, quite a big deal, thanks to a shocking admission. The Trend isn’t important, it’s how prices behave in relation to The Trend. With Natwest opting to move below the point of trend break, a distinct suggestion is being given we cannot trust the price to move in sympathy with anything which occurred before the trend break. Or in plain English, there’s no longer any certainty Natwest share price shall experience recovery.

The next trigger level is lurking at 201p. Weakness below such a level points at reversal to an initial 191p. This currently paints a picture of another “very bad thing” as it risks the share price moving below Blue on the chart, taking the price back to the clutches of a downtrend from 2008, one which will no longer have any right to be shown on any charts! At this level, things risk getting pretty nasty thanks to weakness below 191p calculating with a secondary drop potential of 157p. Visually this is quite an unhappy image, perhaps suggesting Natwest share price is about to become trapped in a trading range between 150p and 250p for some prolonged time. We can even give a third level (aka less likely) target down at 120p.

Natwest requires something of a miracle to escape this gloomy picture, a miracle which shall be considered delivered if the price somehow manages better 230p anytime soon. We’re not holding our breath.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:48:14PM BRENT 117.49 109.2 107.965 104.47 113.75 118.45 121 125.07 112.4
9:01:32PM GOLD 1967.54 Success
9:05:19PM FTSE 6992.44 Success
9:24:17PM FRANCE 6035.9 Success
9:30:03PM GERMANY 13120 12963 12625 12517 13167 13432 13496 13673 13322 Success
9:32:29PM US500 4299.27 Success
10:16:23PM DOW 33363 Success
10:21:02PM NASDAQ 13753 ‘cess
10:23:13PM JAPAN 25864
4/03/2022 FTSE Closed at 6987 points. Change of -3.47%. Total value traded through LSE was: £ 8,861,498,669 a change of 14.29%
3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%
24/02/2022 FTSE Closed at 7207 points. Change of -3.88%. Total value traded through LSE was: £ 9,889,574,342 a change of 64.76%

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:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OPG OPG Power Ventures** **LSE:POG Petrop etc** **LSE:RMG Royal Mail** **LSE:SBRY Sainsbury** **LSE:SDY Speedyhire** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOG VICTORIA** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Asos, Aviva, Avacta, Barclays, BALFOUR BEATTY, Barrett Devs, Carclo, Cellular Goods, Carnival, Capita, 4D Pharma, Diageo, Experian, EasyJet, Firstgroup, Foxtons, Hargreaves Lansdown, British Airways, IG Group, International Personal Finance, ITM Power, ITV, Lloyds Grp., Marks and Spencer, Natwest, OPG Power Ventures, Petrop etc, Royal Mail, Sainsbury, Speedyhire, The Trainline, Taylor Wimpey, VICTORIA, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 785.8 Percentage Change: -8.33% Day High: 855.2 Day Low: 787.6

Target met. Weakness on Aston Martin below 787.6 will invariably lead to ……..

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LSE:ASC Asos Close Mid-Price: 1609.5 Percentage Change: -0.40% Day High: 1620.5 Day Low: 1545

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LSE:AV. Aviva Close Mid-Price: 386.8 Percentage Change: -4.64% Day High: 400.9 Day Low: 386.5

Weakness on Aviva below 386.5 will invariably lead to 347 with secondary, ……..

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LSE:AVCT Avacta. Close Mid-Price: 42 Percentage Change: + 1.45% Day High: 43 Day Low: 38.5

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LSE:BARC Barclays Close Mid-Price: 156.8 Percentage Change: -7.19% Day High: 168.16 Day Low: 156.78

Target met. Weakness on Barclays below 156.78 will invariably lead to 154 ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 219.4 Percentage Change: -4.61% Day High: 230.8 Day Low: 219.2

Target met. Continued weakness against BBY taking the price below 219.2 c ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 543.8 Percentage Change: -2.54% Day High: 559 Day Low: 537.4

Target met. Weakness on Barrett Devs below 537.4 will invariably lead to ……..

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LSE:CAR Carclo Close Mid-Price: 22.45 Percentage Change: -8.37% Day High: 23.1 Day Low: 20.9

Target met. Continued weakness against CAR taking the price below 20.9 ca ……..

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LSE:CBX Cellular Goods Close Mid-Price: 3.3 Percentage Change: -13.16% Day High: 3.82 Day Low: 3.38

In the event Cellular Goods experiences weakness below 3.38 it calculates ……..

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LSE:CCL Carnival Close Mid-Price: 1195.6 Percentage Change: -5.64% Day High: 1252 Day Low: 1180

If Carnival experiences continued weakness below 1180, it will invariably ……..

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LSE:CPI Capita Close Mid-Price: 22.34 Percentage Change: -9.52% Day High: 24.7 Day Low: 22.21

Target met. Weakness on Capita below 22.21 will invariably lead to 20 wit ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 26.55 Percentage Change: -7.49% Day High: 29.1 Day Low: 26.2

If 4D Pharma experiences continued weakness below 26.2, it will invariabl ……..

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LSE:DGE Diageo Close Mid-Price: 3509 Percentage Change: -2.53% Day High: 3583.5 Day Low: 3494

Continued weakness against DGE taking the price below 3494 calculates as ……..

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LSE:EXPN Experian Close Mid-Price: 2833 Percentage Change: -2.98% Day High: 2926 Day Low: 2810

In the event Experian experiences weakness below 2810 it calculates with ……..

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LSE:EZJ EasyJet Close Mid-Price: 475.3 Percentage Change: -6.95% Day High: 500 Day Low: 467.3

If EasyJet experiences continued weakness below 467.3, it will invariably ……..

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LSE:FGP Firstgroup Close Mid-Price: 92 Percentage Change: -2.75% Day High: 94.75 Day Low: 91.35

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LSE:FOXT Foxtons Close Mid-Price: 32.4 Percentage Change: -5.81% Day High: 34 Day Low: 31.5

Target met. Continued weakness against FOXT taking the price below 31.5 c ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1010.5 Percentage Change: + 1.50% Day High: 1020 Day Low: 973

Target met. In the event Hargreaves Lansdown experiences weakness below 9 ……..

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LSE:IAG British Airways Close Mid-Price: 123.48 Percentage Change: -6.30% Day High: 131.32 Day Low: 123.88

If British Airways experiences continued weakness below 123.88, it will ……..

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LSE:IGG IG Group Close Mid-Price: 722.5 Percentage Change: -1.97% Day High: 742.5 Day Low: 714

Target met. Continued weakness against IGG taking the price below 714 cal ……..

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LSE:IPF International Personal Finance Close Mid-Price: 95 Percentage Change: -12.04% Day High: 109.2 Day Low: 91.1

Target met. In the event International Personal Finance experiences weakn ……..

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LSE:ITM ITM Power. Close Mid-Price: 314.8 Percentage Change: + 3.48% Day High: 319.4 Day Low: 296.2

Weakness on ITM Power below 296.2 will invariably lead to 263 with second ……..

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LSE:ITV ITV Close Mid-Price: 75.26 Percentage Change: -6.18% Day High: 79.28 Day Low: 72.5

Target met. Continued weakness against ITV taking the price below 72.5 ca ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 43.03 Percentage Change: -4.71% Day High: 45.01 Day Low: 42.63

Target met. In the event Lloyds Grp. experiences weakness below 42.63 it ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 157.3 Percentage Change: -3.38% Day High: 163.2 Day Low: 156.85

Continued weakness against MKS taking the price below 156.85 calculates a ……..

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LSE:NWG Natwest Close Mid-Price: 202.5 Percentage Change: -5.73% Day High: 214.6 Day Low: 203.6

In the event Natwest experiences weakness below 203.6 it calculates with ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 6.75 Percentage Change: -11.76% Day High: 7.65 Day Low: 6.75

If OPG Power Ventures experiences continued weakness below 6.75, it will ……..

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LSE:POG Petrop etc. Close Mid-Price: 1.88 Percentage Change: + 4.44% Day High: 1.91 Day Low: 0.98

Weakness on Petrop etc below 0.98 will invariably lead to 0.5p and that’s ……..

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LSE:RMG Royal Mail Close Mid-Price: 353 Percentage Change: -2.22% Day High: 362.1 Day Low: 349

Target met. If Royal Mail experiences continued weakness below 349, it wi ……..

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LSE:SBRY Sainsbury Close Mid-Price: 248.7 Percentage Change: -1.47% Day High: 252.4 Day Low: 246.5

Target met. In the event Sainsbury experiences weakness below 246.5 it ca ……..

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LSE:SDY Speedyhire Close Mid-Price: 48.55 Percentage Change: -3.67% Day High: 50.2 Day Low: 48.3

Target met. Weakness on Speedyhire below 48.3 will invariably lead to 44 ……..

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LSE:TRN The Trainline Close Mid-Price: 164.2 Percentage Change: -6.92% Day High: 178.6 Day Low: 163.8

Target met. Continued weakness against TRN taking the price below 163.8 c ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 133.1 Percentage Change: -3.93% Day High: 140.4 Day Low: 133.6

Target met. Weakness on Taylor Wimpey below 133.6 will invariably lead to ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.9 Percentage Change: -8.24% Day High: 4.1 Day Low: 3.9

In the event VICTORIA experiences weakness below 3.9 it calculates with a ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 99 Percentage Change: -7.91% Day High: 107.5 Day Low: 99

Target met. Weakness on Zoo Digital below 99 will invariably lead to 96p ……..

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

Our famed FTSE for FRIDAY

#FTSE #Gold

Our doom laden outlook against Wall St appeared to strike a few chords, so we guess quite a few folk want to know how bad things could get for the FTSE too, if everything starts to go (even more) horribly wrong with the world. To judge by the number of shares needing updated daily, volatility is currently the name of the game, so perhaps it shall not prove silly to run the numbers against a Big Picture reversal risk.

There is a detail worthy of attention currently. It appears, if we pencil in a trend line since October 2020, the UK stock market has carefully adhered to this Red line, needing close today below 7,228 points to indicate the trend failing. However, if the market intends continue its game of chicken with this historic uptrend, there appears a chance today (Friday) should experience some gains.

In fact, if we opt to play safe, below 7,204 (the previous two lows) looks like singing a song of misery, capable of provoking a reversal cycle to an initial 7,095 with secondary, if broken, at 6,897 points. This secondary target is an issue, taking the FTSE marginally below the uptrend since the pandemic low of 2020 and this risks being a serious Red Flag, ensuring the UK is trading in a zone where “bottom” risks being discovered down around 6,000 points. However, it’s important to remember despite an awful week, calamity has not been triggered yet and we’re essentially just playing with numeric potentials.

As for the FTSE near term as opposed to the above Big Picture,  there’s a bit of an argument anticipating some FTSE gains. At present, the UK index needs trade above 7,280 to suggest a gap upward at the open should be treated with respect. Such a trigger level allegedly allows for gains toward an initial 7,322 points. If bettered, our secondary calculation brings 7,380 to the table. The tightest stop looks wide at 7,230 points.

Our converse reversal scenario suggests near term movement below 7,230 risks promoting reversal to an initial 7,161 points. If broken, our secondary works out at 7,107 points.

Have a good weekend. Only 2 weeks until the next Formula 1 race, sadly without the entertainment on a Russian driver this year.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:27:02PM BRENT 110.07 109.12 107.78 112.3 119.3 120.865 113.6 ‘cess
10:28:44PM GOLD 1937.11 1921 1915 1932 1942 1951 1923
10:32:53PM FTSE 7257.08 7222 7207 7272 7275 7315 7243 Success
10:37:27PM FRANCE 6352 6309 6278 6397 6460 6482 6380 ‘cess
10:44:35PM GERMANY 13685.97 13598 13503 13735 13799 13844 13640
10:48:10PM US500 4369.95 4343 4323 4371 4424 4461 4370
10:52:40PM DOW 33832.3 33661 33604 33877 34186 34294 33870
10:55:03PM NASDAQ 14067 13960 13841 14146 14400 14544 14176 ‘cess
10:56:51PM JAPAN 26354 26273 26071 26438 26732 26925 26493

 

3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%
24/02/2022 FTSE Closed at 7207 points. Change of -3.88%. Total value traded through LSE was: £ 9,889,574,342 a change of 64.76%
23/02/2022 FTSE Closed at 7498 points. Change of 0.05%. Total value traded through LSE was: £ 6,002,308,781 a change of -10.52%

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:AVCT Avacta** **LSE:BARC Barclays** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:FGP Firstgroup** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:OPG OPG Power Ventures** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:SBRY Sainsbury** **LSE:SDY Speedyhire** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Asos, Avacta, Barclays, Carclo, Capita, Darktrace Plc, Firstgroup, Glencore Xstra, Hargreaves Lansdown, IG Group, International Personal Finance, ITV, Marks and Spencer, OPG Power Ventures, Petrop etc, Polymetal, Royal Mail, Sainsbury, Speedyhire, The Trainline, Taylor Wimpey, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 857.2 Percentage Change: -8.59% Day High: 962.6 Day Low: 862

Target met. Continued weakness against AML taking the price below 862 cal ……..

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LSE:ASC Asos Close Mid-Price: 1616 Percentage Change: -10.30% Day High: 1800 Day Low: 1607.5

Target met. Weakness on Asos below 1607.5 will invariably lead to 1527 wi ……..

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LSE:AVCT Avacta Close Mid-Price: 41.4 Percentage Change: -5.91% Day High: 46 Day Low: 41.25

Continued weakness against AVCT taking the price below 41.25 calculates a ……..

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LSE:BARC Barclays Close Mid-Price: 168.94 Percentage Change: -4.53% Day High: 174.88 Day Low: 168.28

In the event Barclays experiences weakness below 168.28 it calculates wit ……..

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LSE:CAR Carclo Close Mid-Price: 24.5 Percentage Change: -13.73% Day High: 26.1 Day Low: 24.9

Target met. Weakness on Carclo below 24.9 will invariably lead to 22p wit ……..

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LSE:CPI Capita Close Mid-Price: 24.69 Percentage Change: -5.87% Day High: 26.5 Day Low: 24.41

Target met. In the event Capita experiences weakness below 24.41 it calcu ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 511.5 Percentage Change: + 11.20% Day High: 553 Day Low: 504

Target met. Further movement against Darktrace Plc ABOVE 553 should impro ……..

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LSE:FGP Firstgroup Close Mid-Price: 94.6 Percentage Change: -3.57% Day High: 98.7 Day Low: 93.5

Continued weakness against FGP taking the price below 93.5 calculates as ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 476.5 Percentage Change: + 5.28% Day High: 484.6 Day Low: 467.6

Target met. Continued trades against GLEN with a mid-price ABOVE 484.6 sh ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 995.6 Percentage Change: -6.60% Day High: 1055.5 Day Low: 996.6

If Hargreaves Lansdown experiences continued weakness below 996.6, it wil ……..

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LSE:IGG IG Group Close Mid-Price: 737 Percentage Change: -3.97% Day High: 772 Day Low: 741

If IG Group experiences continued weakness below 741, it will invariably ……..

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LSE:IPF International Personal Finance Close Mid-Price: 108 Percentage Change: -1.82% Day High: 113 Day Low: 108.6

Continued weakness against IPF taking the price below 108.6 calculates as ……..

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LSE:ITV ITV Close Mid-Price: 80.22 Percentage Change: -27.50% Day High: 104.45 Day Low: 80.92

Target met. In the event ITV experiences weakness below 80.92 it calculat ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 162.8 Percentage Change: -1.90% Day High: 168.05 Day Low: 162.55

If Marks and Spencer experiences continued weakness below 162.55, it will ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 7.65 Percentage Change: -3.16% Day High: 7.85 Day Low: 7.65

In the event OPG Power Ventures experiences weakness below 7.65 it calcul ……..

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LSE:POG Petrop etc Close Mid-Price: 1.8 Percentage Change: -10.00% Day High: 2.58 Day Low: 1.84

If Petrop etc experiences continued weakness below 1.84, it will invariab ……..

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LSE:POLY Polymetal Close Mid-Price: 177.6 Percentage Change: -42.13% Day High: 269.8 Day Low: 166.3

Target Met. This is really bad as the share is effectively trading in “sub ……..

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LSE:RMG Royal Mail. Close Mid-Price: 361 Percentage Change: + 0.56% Day High: 370.7 Day Low: 353.9

Target met. In the event Royal Mail experiences weakness below 353.9 it c ……..

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LSE:SBRY Sainsbury Close Mid-Price: 252.4 Percentage Change: -2.92% Day High: 258.8 Day Low: 253.3

Continued weakness against SBRY taking the price below 253.3 calculates a ……..

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LSE:SDY Speedyhire Close Mid-Price: 50.4 Percentage Change: -2.70% Day High: 52.2 Day Low: 50.8

If Speedyhire experiences continued weakness below 50.8, it will invariab ……..

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LSE:TRN The Trainline Close Mid-Price: 176.4 Percentage Change: -8.17% Day High: 191.3 Day Low: 172.5

Weakness on The Trainline below 172.5 will invariably lead to 164 with se ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 138.55 Percentage Change: -4.02% Day High: 149.15 Day Low: 138.55

Target met. In the event Taylor Wimpey experiences weakness below 138.55 ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 107.5 Percentage Change: -3.15% Day High: 111 Day Low: 107.5

If Zoo Digital experiences continued weakness below 107.5, it will invari ……..

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

Wall St misery while Brent Crude bubbles!

#Brent #Gold

Every now and then, we gleefully jump at the chance to ridicule chart patterns, often a part of a core belief structure for some traders. In fact, if were were to create a Top 3 of things which do not work for analysis, Moving Averages is #1, Candlestick patterns is #2 with Chart Patterns tying for position at #2. To be blunt, most technical indicators are a complete waste of space unless the trader understands how to “tune” an indicator against historical price behaviour for any specified item.

Unfortunately, in most internet chatrooms, folks will enthuse about what ‘MacD’ points toward, completely unaware the default set of averages supplied for a ‘MacD’ shall be completely wrong unless, by some miracle, they’re discussing a share at the market average price, historically making completely average movements. When you pause to consider this, it should be quickly realised the average share simply doesn’t exist. However…

We’ve often a problem with Tom Bulkowski’s Head & Shoulders chart pattern, ‘cos it sometimes works. Basically the pattern breaks down into a series of emotions, especially against something turbulent.

  1. We’ve all confident, it’s going up.
  2. Okay, that’s far enough. I’m taking profit and bailing. The price drops.
  3. Hey, that share had dropped sharply. Think I’ll jump in.
  4. Look, we’ve just passed the previous high. I’m out of here. The price drops.
  5. Hey, that share had dropped sharply. Think I’ll jump in.
  6. Feels like it’s struggling to match the first high price. I’m nervous and getting out. The price drops.
  7. Look at that share. It can’t even reach the level of previous highs. I’m not touching it. The price drops further.

This trading cycle combines to produce the classic Head & Shoulder pattern and when you combine the emotions with the roller coaster, everything starts to make a grudging sense. Unfortunately, when looking at Wall St currently, the index is setting itself up for a bit of a Head & Shoulders moment and we worry about how far the dandruff risks dropping. Our own take on the situation was given in January (link here) when we supplied criteria for reversal from 34,525 to 32,624 points, a drop of 1,901 points. This movement completed at the end of February and crucially, the index failed to close the session below our target level. As a result – from our perspective – the final nail remains absent from the Head & Shoulders coffin which is lurking against the DOW JONES.

The immediate situation (Wall St trading around 33,880 at time of writing) demands the index weaken below 33,090 to enter a cycle which threatens reversal to an initial 31,026 points. Our secondary is relatively close by, lurking at 30,453 and creating a suggestion of a bounce, should such a level appear. Even visually, this would make some sense. To cancel our gloomy outlook, Wall St requires trade above 34,885 points currently.

Finally, something quite curious occurred the day the market hit and broke our 32,624 target level. We’ve shown it on the chart inset but basically, the only reason our target level broke was thanks to Wall Street being “gapped down” at the open on the 24th February. Go figure!

As for Brent Crude, we’ll keep it short and sharp, thanks to the inspired essay above!

The oil market has been showing some impressive high prices and it appears they are close to running out of steam. For Brent Crude, now above $114.80 looks capable of attempting an initial $118.4 next. Should this level be exceeded, our secondary calculation works out at $129.1 and we expect some volatility at such a level. To be blunt, it seems now isn’t the time to rush and open a short as there’s the potential of further growth for the black stuff. Personally, I’m growing to hate folk with electric cars, thanks to the litre price at our local garage of 153p!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:45:58PM BRENT 113.95 106.9 105.6 102.5 110.8 114.8 117.1 120.5 108.7 Success
9:48:19PM GOLD 1925.52 1910 1896 1878 1935 1948 1955 1969 1928
9:50:47PM FTSE 7411.02 7400 Success
9:55:44PM FRANCE 6490 6449
9:57:54PM GERMANY 13988 13900 Shambles
10:03:29PM US500 4378 4308 Success
10:07:17PM DOW 33835 33620 Success
10:13:45PM NASDAQ 14195 14093
10:17:39PM JAPAN 26659 26475 ‘cess

 

2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%
24/02/2022 FTSE Closed at 7207 points. Change of -3.88%. Total value traded through LSE was: £ 9,889,574,342 a change of 64.76%
23/02/2022 FTSE Closed at 7498 points. Change of 0.05%. Total value traded through LSE was: £ 6,002,308,781 a change of -10.52%
22/02/2022 FTSE Closed at 7494 points. Change of 0.13%. Total value traded through LSE was: £ 6,707,697,679 a change of 29%

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:CAR Carclo** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:FGP Firstgroup** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OPG OPG Power Ventures** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:TRN The Trainline** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Barclays, Carclo, Centamin, Capita, Darktrace Plc, Experian, Firstgroup, Glencore Xstra, British Airways, Lloyds Grp., Marks and Spencer, Natwest, OPG Power Ventures, Petrop etc, Polymetal, Reabold Resources PLC, Royal Mail, Rolls Royce, Sainsbury, The Trainline, Zoo Digital,

LSE:BARC Barclays. Close Mid-Price: 176.96 Percentage Change: + 2.16% Day High: 178.56 Day Low: 170.1

Ongoing trouble below 170 still points at the potential of reversal to an ……..

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LSE:CAR Carclo Close Mid-Price: 28.4 Percentage Change: -5.02% Day High: 29 Day Low: 27

In the event Carclo experiences weakness below 27, it now calculates with ……..

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LSE:CEY Centamin Close Mid-Price: 103.65 Percentage Change: -0.19% Day High: 108.3 Day Low: 103.85

This is now almost interesting as above 109 allows for an initial 113.5 ne ……..

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LSE:CPI Capita Close Mid-Price: 26.23 Percentage Change: -0.68% Day High: 27.25 Day Low: 25.87

Target Met. Movement now below 25.75 threatens reversal to an initial 24 a ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 460 Percentage Change: + 0.22% Day High: 492.8 Day Low: 456.6

Above 493 still should promote recovery to an initial 517 with secondary, ……..

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LSE:EXPN Experian. Close Mid-Price: 2983 Percentage Change: + 2.58% Day High: 3012 Day Low: 2883

Slightly useful, above 3012 now calculates with the potential of an initia ……..

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LSE:FGP Firstgroup. Close Mid-Price: 98.1 Percentage Change: + 0.72% Day High: 101 Day Low: 95.25

Weakness on Firstgroup below 95 will invariably lead to 90 as an initial d ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 452.6 Percentage Change: + 1.72% Day High: 459.15 Day Low: 449.6

Now above 459.2 should still signal 461 as the next major point of intere ……..

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LSE:IAG British Airways. Close Mid-Price: 141.78 Percentage Change: + 4.19% Day High: 142.22 Day Low: 131.26

IAG remains messy as below 131 still suggests imminent weakness to an ini ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 46.08 Percentage Change: + 0.64% Day High: 46.58 Day Low: 45.26

Weakness on Lloyds Grp. below 45 will invariably lead to 43.1 with seconda ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 165.95 Percentage Change: -2.35% Day High: 170.6 Day Low: 163.05

Weakness on Marks and Spencer below 163 will invariably lead to 154 with s ……..

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LSE:NWG Natwest. Close Mid-Price: 220 Percentage Change: + 1.62% Day High: 220.8 Day Low: 213.5

Now below 213 strongly suggests imminent reversal now to an initial 201 wi ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 7.9 Percentage Change: -9.71% Day High: 8.75 Day Low: 7.75

Target Met. This is exceptionally bad as below 7.75 now calculates with th ……..

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LSE:POG Petrop etc Close Mid-Price: 2 Percentage Change: -59.76% Day High: 5.66 Day Low: 2.2

The situation now is of movement below 2p threatening 0.5p and that’s it. ……..

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LSE:POLY Polymetal. Close Mid-Price: 306.9 Percentage Change: + 18.54% Day High: 319.9 Day Low: 234.2

In the event Polymetal experiences weakness below 234 it calculates with a ……..

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LSE:RBD Reabold Resources PLC. Close Mid-Price: 0.38 Percentage Change: + 14.93% Day High: 0.4 Day Low: 0.34

In the event of Reabold Resources PLC enjoying further trades beyond 0.40, ……..

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LSE:RMG Royal Mail Close Mid-Price: 359 Percentage Change: -7.43% Day High: 383.7 Day Low: 356

Continued weakness against RMG taking the price below 356 calculates as le ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 98.23 Percentage Change: + 6.77% Day High: 98.61 Day Low: 87.02

Target Met. Thankfully it did not close the day below our secondary! Near ……..

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LSE:SBRY Sainsbury Close Mid-Price: 260 Percentage Change: -2.40% Day High: 270.6 Day Low: 258.7

Target Met. Weakness on Sainsbury below 258 will invariably lead to 251 wi ……..

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LSE:TRN The Trainline. Close Mid-Price: 192.1 Percentage Change: + 4.23% Day High: 196.1 Day Low: 180.3

In the event The Trainline experiences weakness below 180, it calculates w ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 111 Percentage Change: -5.53% Day High: 117.5 Day Low: 111

Target Met. Now below 111 is a problem, calculating with nasty reduction p ……..

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

Is British American Tobacco Plc lighting up?

#FTSE #Japan

It was to prove a worthwhile exercise, glancing at how major markets are performing this year. Germany is down 15%, Wall St down 13%, France down 12%, the S&P down 15% and the usually dreadful UK market has relaxed from its 2022 high by just 6.5%! As a result, we opted to review another British success story, British American Tobacco…

Sticking with the FTSE for a minute, all the other markets had previously strongly exceeded their Covid-19 high, essentially placing themselves at risk of some reversals should a suitable excuse be discovered. On the other hand, the FTSE only flirted briefly with its prior high levels and it still in a “recovery” zone, whereas other markets were in a “growth” zone. We suspect this is reflected in the FTSE only attaining half the rate of damage to other markets. It’s a strange phenomena, one which we witness all the time with shares, where items which go up fast come down even faster. However, we’re still not ready to start running in circles, declaring “the sky is falling”.

 

We reviewed LSE:BATS last August, giving an upper target at 3434p and the share cheerfully delivered the target, even managing to close very slightly higher at 3439p. This creates a new situation, where the largest cigarette company in the world can now present a new growth scenario. Next above 3459p should enter a cycle toward an initial 3746p next. If exceeded, our longer term secondary comes in at 4188p. It’s always a bit of a puzzle just who is buying cigarettes and even, where can they buy them?

Our local town here in Argyll boasted a tobacconist on the high street. It was a properly old fashioned shop, also carrying a bewildering range of pipe tobacco and of course, some really vulgar pipes. The place became an early victim of Lockdown, announcing the store wasn’t going to reopen. But as to the question of just who is buying tobacco products, it’s easy to suspect many folk do. But as someone who stopped smoking, mingling in the semi-enclosed bicycle sheds placed discretely outside offices everywhere has become a thing of the past. Given LON.BATS share price, it’s pretty certain the company still have a strong market for their output.

 

If things intend go wrong for BATS.L, the price needs fall below 3200p as this risks provoking reversal to 2987p. If broken, our secondary calculation comes along at 2728p, hopefully a level with an excuse for a solid rebound.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:44:27PM BRENT 107.26 Success
10:47:19PM GOLD 1945.73 Success
10:50:36PM FTSE 7319.11 7269 7255 7192 7342 7338 7358 7388 7297 ‘cess
10:55:25PM FRANCE 6337 Success
10:58:39PM GERMANY 13854.76 Success
11:02:10PM US500 4312.69 Shambles
11:05:07PM DOW 33368 ‘cess
11:06:57PM NASDAQ 14026
11:09:20PM JAPAN 26434 26316 26210 25943 26523 26568 26634 26742 26422
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%
24/02/2022 FTSE Closed at 7207 points. Change of -3.88%. Total value traded through LSE was: £ 9,889,574,342 a change of 64.76%
23/02/2022 FTSE Closed at 7498 points. Change of 0.05%. Total value traded through LSE was: £ 6,002,308,781 a change of -10.52%
22/02/2022 FTSE Closed at 7494 points. Change of 0.13%. Total value traded through LSE was: £ 6,707,697,679 a change of 29%
21/02/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 5,199,890,341 a change of -19.05%

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:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:FOXT Foxtons** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:SCLP Scancell** **LSE:TRN The Trainline** **

********

Updated charts published on : Barclays, Capita, Darktrace Plc, Foxtons, Glencore Xstra, British Airways, Igas Energy, International Personal Finance, IQE, National Glib, Petrop etc, Polymetal, Rolls Royce, Scancell, The Trainline,

LSE:BARC Barclays Close Mid-Price: 173.22 Percentage Change: -5.28% Day High: 185.18 Day Low: 173.04

Ongoing trouble below 173 still points at the potential of reversal to an ……..

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LSE:CPI Capita Close Mid-Price: 26.41 Percentage Change: -5.68% Day High: 29.3 Day Low: 26.23

Continued weakness against CPI taking the price below 26.2 still calculate ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 459 Percentage Change: + 3.75% Day High: 462.8 Day Low: 444.4

This has gotten mildly interesting as above 463 now should promote recover ……..

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LSE:FOXT Foxtons Close Mid-Price: 34.65 Percentage Change: -0.72% Day High: 35.2 Day Low: 33.9

Weakness on Foxtons below 33.9 will invariably lead to 32.5 with secondary ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 444.95 Percentage Change: + 0.63% Day High: 451.55 Day Low: 434.8

Target Met. Wonder where that came from! Now above 452 should signal 461 a ……..

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LSE:IAG British Airways Close Mid-Price: 136.08 Percentage Change: -8.40% Day High: 154.8 Day Low: 137.32

Airlines must be considering sacrificing stewardesses into a volcano in Ic ……..

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LSE:IGAS Igas Energy Close Mid-Price: 21.75 Percentage Change: -2.68% Day High: 23.3 Day Low: 21.5

All Igas Energy needs are mid-price trades ABOVE 23.3 to improve accelerat ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 112.8 Percentage Change: + 0.71% Day High: 113.8 Day Low: 110.6

Weakness on International Personal Finance below 110 will invariably lead ……..

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LSE:IQE IQE Close Mid-Price: 40.5 Percentage Change: -4.37% Day High: 43.5 Day Low: 39.95

Target Met. Now above 44 hints at 49p next with secondary, if bettered, a ……..

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LSE:ITM ITM Power Close Mid-Price: 318.6 Percentage Change: -4.09% Day High: 374.8 Day Low: 302

Target Met. But it was a truly crazy day and now, it requires above 350p t ……..

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LSE:NG. National Glib. Close Mid-Price: 1138.2 Percentage Change: + 0.65% Day High: 1147.4 Day Low: 1120.6

Target Met. National Grid is starting to look quite useful as above 1148 n ……..

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LSE:POG Petrop etc Close Mid-Price: 4.97 Percentage Change: -37.88% Day High: 8.25 Day Low: 4

Target Met. Serves them right for having a Russian name… Must be guilty! ……..

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LSE:POLY Polymetal Close Mid-Price: 258.9 Percentage Change: -26.28% Day High: 371.3 Day Low: 250

In the event Polymetal experiences weakness below 250 it calculates with a ……..

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LSE:RR. Rolls Royce Close Mid-Price: 92 Percentage Change: -11.11% Day High: 104.94 Day Low: 92.36

In the event Rolls Royce experiences weakness below 92 it remains with a d ……..

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LSE:SCLP Scancell. Close Mid-Price: 12.25 Percentage Change: + 1.66% Day High: 12.25 Day Low: 11.75

If Scancell experiences continued weakness below 11.75, it will invariably ……..

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LSE:TRN The Trainline Close Mid-Price: 184.3 Percentage Change: -9.48% Day High: 203 Day Low: 183.5

In the event The Trainline experiences weakness below 183, it calculates w ……..

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