Trends And Targets

Despite few people taking the time out to read this (something to do with Xmas holidays), our whimsical report for Thursday proved rather concise. Our initial target of 7378 points was successfully achieved, bettered by 7 points, and giving a nice little useful 36 point trade. Of course, the big question relates to Friday mornings potentials.

A painful memory of many years ago brings a reminder of opening a Long position on Xmas eve morning, sometime around 10am. Of course, nothing actually happened for an age and eventually, at 12.15pm with the market due to close at 12.30pm, the decision was made to close the position and go do Xmas shopping. Quite literally, within minutes of the position being closed, the FTSE started to make solid movements and reached the target level, the final thing on screen as the the system shut down for the holiday break. Despite not trading anymore, this spiteful reminder of why the morning session on Xmas Eve remains, also providing the reason we don’t trade.

When involved in a trade, emotion enters the frame. Anxiety, fear, greed, impatience, or whatever excuse the human brain can discover to foul logical thinking. Successful traders are the folk who can lock emotion away in a drawer, calmly dealing with the scenario they chose. Idiotic traders, like we were, experienced panic, in this instance a fear of discovering the shops were closed but more commonly, panic due to a worry about profit vanishing, often taking minimal profits rather than “risk” a trade running to its logical target. They say you can’t go ‘burst’ making profits but you can completely burn yourself out and lose all perspective. There was a famous day, when 27 days were completed, averaging £1 profit per trade. This was pretty close to the end of our personal efforts to trade!

The funny thing, a couple of friends asked earlier this year about some long term investments. We’d suggested Rolls Royce at 107p, experiencing a complete roller coaster of emotions in the months since, only to be utterly horrified when the chum emailed to ask how Rolls Royce were doing. As per our initial scenario, she’d bailed at 139p and banked profits, opting to leave the value of her initial investment running for the longer term. While on a daily basis, we’ve been worriedly monitoring the share price, she hadn’t even bothered looking at it. She was blissfully unaware of the fairly wild ride the share price has been taking.

This again encapsulates the reason we don’t/can’t trade. We take the transactions far too personally.

 

As for the FTSE for Friday, the index remains looking positive. Despite FTSE Futures currently being marginally down from Thursdays close, things risk becoming quite enticing should the FTSE manage above 7388 points. Such a Xmas miracle comes with the potential of movement to 7427 points next. If bettered, our secondary calculates at 7440 points. Alas, this is Xmas Eve and as mentioned earlier, a session we distrust.

If triggered, the index needs fall below 7324 points to spoil the party, threatening reversal to 7311 points with secondary, if broken, down at 7275 points.

Finally, have a good Xmas break. We’ll be back on Wednesday 29th next week, hopefully sober, well fed, and calm.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:59:43PM	BRENT	76.58	74.74	74.47	73.68	75.67	76.84	77.185	79.82	75.23	‘cess
11:01:16PM	GOLD	1809.1	1796	1791.5	1785	1808	1811	1814	1820	1803	‘cess
11:04:58PM	FTSE	7373	7331	7321	7299	7363	7385	7394	7436	7343	‘cess
11:08:37PM	FRANCE	7107.3	7048	7031	7001	7088	7121	7139	7151	7062	‘cess
11:10:44PM	GERMANY	15753	15601	15540	15461	15681	15777	15791.5	15896	15693	Success
11:13:20PM	NASDAQ	16307	16146	16079	15986	16230	16360	16391	16487	16290	‘cess
11:15:12PM	US500	4725	4721	4716	4708	4732	4740	4745	4776	4703	‘cess
11:17:24PM	DOW	3591	35745	35677	35546	35888	36070	36131	36342	35809	Success
11:20:13PM	JAPAN	28847	28787	28764	28714	28847	28916	29011	29268	28702	‘cess

 

23/12/2021 FTSE Closed at 7373 points. Change of 0.44%. Total value traded through LSE was: £ 3,429,761,214 a change of -22.36%

22/12/2021 FTSE Closed at 7341 points. Change of 0.6%. Total value traded through LSE was: £ 4,417,772,606 a change of -20.48%

21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%

20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%

17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%

16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%

15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%

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:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:DGE Diageo** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Aviva, Barclays, BALFOUR BEATTY, Barrett Devs, BP PLC, Caspian, Carnival, Diageo, Hikma, IG Group, National Glib, Natwest, Oxford Instruments, Rockhopper, Rolls Royce, Standard Chartered, Taylor Wimpey,

LSE:AV. Aviva. Close Mid-Price: 409.4 Percentage Change: + 0.74% Day High: 410.4 Day Low: 405

Above 411 still looks useful, allowing movement to an initial 421 with sec ……..

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LSE:BARC Barclays. Close Mid-Price: 187.4 Percentage Change: + 0.84% Day High: 188.28 Day Low: 187

Continuing above 189 now looks hopeful, allowing for an initial 196 with s ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 263 Percentage Change: + 2.90% Day High: 266.2 Day Low: 256.8

Above just 266.2 should now make movement to 270 difficult to avoid. If be ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 738.6 Percentage Change: -0.19% Day High: 745.2 Day Low: 738

Now above 746 looks capable of 760 next. If exceeded, our secondary calcul ……..

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LSE:BP. BP PLC. Close Mid-Price: 337.95 Percentage Change: + 0.97% Day High: 341.85 Day Low: 336.4

Movements continuing above 342 remain pointing at 353 next, along with a s ……..

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LSE:CASP Caspian. Close Mid-Price: 5.05 Percentage Change: + 14.77% Day High: 5.8 Day Low: 4.4

Target Met. Now above 5.8 calculates with the surprise potential of an ini ……..

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LSE:CCL Carnival. Close Mid-Price: 1428.8 Percentage Change: + 0.51% Day High: 1469.8 Day Low: 1412.4

Above 1470 should bring the price to an initial 1544p. If bettered, our se ……..

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LSE:DGE Diageo Close Mid-Price: 4037 Percentage Change: -0.12% Day High: 4056.5 Day Low: 4014

In the event of Diageo enjoying further trades beyond 4057, the share shou ……..

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LSE:HIK Hikma Close Mid-Price: 2186 Percentage Change: -1.18% Day High: 2225 Day Low: 2175

This suddenly is looking a bit risky as weakness below 2175 suggests comin ……..

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LSE:IGG IG Group. Close Mid-Price: 804 Percentage Change: + 0.50% Day High: 807 Day Low: 798.5

Still surprisingly useful, above 807 now suggests the potential of recover ……..

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LSE:NG. National Glib Close Mid-Price: 1084.4 Percentage Change: -0.11% Day High: 1088 Day Low: 1073.6

Continued trades against NG. with a mid-price ABOVE 1088 should improve th ……..

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LSE:NWG Natwest. Close Mid-Price: 226.5 Percentage Change: + 0.80% Day High: 227.7 Day Low: 224.3

This is truly absurd as the outlook is effectively unchanged. The share re ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2655 Percentage Change: + 1.14% Day High: 2755 Day Low: 2605

Target Met. Further movement against Oxford Instruments ABOVE 2757 should ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.24 Percentage Change: + 0.49% Day High: 8.2 Day Low: 7.27

Above 8.25p still suggests an initial 9.35p with our longer term secondary ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 120.84 Percentage Change: + 2.11% Day High: 123.68 Day Low: 118.48

Target Met. Near term, above 124 is expected to bring an initial 128 with ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 440.5 Percentage Change: + 1.66% Day High: 442 Day Low: 434.2

Something has changed slightly as above 442 now anticipates an initial 455 ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 175.25 Percentage Change: + 0.66% Day High: 175.5 Day Low: 173.65

Movement now above 176 indicates the potential of recovery to an initial 1 ……..

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

#FreeFutures Experience has taught there’s usually no point in giving an outlook for the day before Xmas. The half day of trading generally does next to nothing, aside from opening minute movements, then a frenzy of changes in the final 10 minutes of trading. As a result, we’ve decided to review the outlook for Thursday as it’s the last full day of trading before Xmas.

Amazingly, it appears some sort of rally is taking place on the FTSE 100, the market now opting to show some useful potentials. Crucially, if these relatively near term predictions come to fruition, the FTSE is going to find itself adrift in a region with the potential of a visit to an extraordinary 8110 points sometime in the future. Goodness knows what horrors politicians shall consider, if they notice the UK market has moved from recovery mode to growth mode. But then again, perhaps we’re reading too much into what could “just” be a rather delayed Santa Rally, one which could easily fade away by the end of the year!

 

From an immediate perspective, it seems we should expect movement above 7342 points to bring the FTSE to an initial 7378 points. Obviously, beware an initial spike at the open of the FTSE on Thursday unless the spike is prefaced by a gap. This sort of thing tends make any upward surge in the opening second fairly reliable. Should 7378 be exceeded, our secondary target level is at 7450 points. This secondary target level is liable to prove significant, marking the highest level attained since the pandemic reversals of 2020. If this movement triggers, it looks like the tightest stop loss is quite wide at 7292 points. A word of warning regarding our initial 7378 target level. As the chart below illustrates, such an ambition matches Blue on the chart, the FTSE downtrend since the high pre-pandemic. As a result, common sense alone indicates the potential for some hesitation at such a level.

The alternate pear shaped scenario is pretty straightforward. Below 7292 points risks reversal commencing to 7260 points. If broken, our secondary calculates at 7230 points.

 

On Thursday evening, we shall provide a “FTSE for FRIDAY” scenario. It will be short and sweet, probably glanced at prior to being forgotten as many folk shall be solidly in Holiday Mode already.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:33:32PM	BRENT	75.48	73.52	72.98		74.6	75.5	76.36		73.6	‘cess
9:35:12PM	GOLD	1805.17	1785	1779		1795	1806	1808		1796	Success
9:37:15PM	FTSE	7366.89	7271	7247		7315	7367	7382		7297	Success
9:39:15PM	FRANCE	7064	6961	6954		6991	7068	7089		6995	Success
9:41:06PM	GERMANY	15644	15424	15399		15511	15645	15657		15490
9:42:58PM	US500	4697.07	4629	4602		4654	4698	4712		4634	Success
9:46:59PM	DOW	35770	35405	35267		35580	35783	35896		35610	‘cess
10:22:24PM	NASDAQ	16183.34	15890	15775		15992	16190	16215		16036	Success
10:23:59PM	JAPAN	28707	28437	28339		28582	28717	28822		28608

22/12/2021 FTSE Closed at 7341 points. Change of 0.6%. Total value traded through LSE was: £ 4,417,772,606 a change of -20.48%

21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%

20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%

17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%

16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%

15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%

14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%

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:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:FGP Firstgroup** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Avacta, BALFOUR BEATTY, Barrett Devs, Carnival, ECO (Atlantic) O & G, Firstgroup, IG Group, Marks and Spencer, OPG Power Ventures, Oxford Instruments, Quadrise, Rockhopper, Rolls Royce, Taylor Wimpey,

LSE:AVCT Avacta. Close Mid-Price: 123.8 Percentage Change: + 16.90% Day High: 131.5 Day Low: 115.5

Ongoing movement exceeding 132 now points at 143 initially and our seconda ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 255.6 Percentage Change: + 1.27% Day High: 257 Day Low: 250

Above just 258 should make movement to 268 difficult to avoid. If bettered ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 740 Percentage Change: + 2.10% Day High: 739.4 Day Low: 721

Now above 740 looks capable of 760 next. If exceeded, our secondary calcul ……..

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LSE:CCL Carnival. Close Mid-Price: 1421.6 Percentage Change: + 2.13% Day High: 1425.4 Day Low: 1355.8

Above 1426 should bring the price to an initial 1544p. If bettered, our se ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 18 Percentage Change: + 1.41% Day High: 17.75 Day Low: 17

Continued weakness against ECO taking the price below 17 calculates as lea ……..

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LSE:FGP Firstgroup. Close Mid-Price: 102.6 Percentage Change: + 1.28% Day High: 102.4 Day Low: 98.35

Ongoing travel below 98 remains pointing at 90 as an initial destination w ……..

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LSE:IGG IG Group. Close Mid-Price: 800 Percentage Change: + 0.57% Day High: 801 Day Low: 793.5

For some reason, this is suddenly looking surprisingly useful as above 801 ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 227.5 Percentage Change: -0.66% Day High: 229.9 Day Low: 226.9

We’d now have slight concerns should this discover an excuse to trade belo ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 11 Percentage Change: + 1.15% Day High: 11 Day Low: 10.6

In the event OPG Power Ventures experiences weakness below 10.6 it calcula ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2625 Percentage Change: + 2.74% Day High: 2630 Day Low: 2515

Target Met. Further movement against Oxford Instruments ABOVE 2630 should ……..

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LSE:QFI Quadrise Close Mid-Price: 2.5 Percentage Change: -1.96% Day High: 2.8 Day Low: 2.55

Above 2.8 still suggests some mild interest, now calculating with an initi ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.2 Percentage Change: + 6.49% Day High: 8.2 Day Low: 7.71

Above 8.2p still suggests an initial 9.35p with our longer term secondary, ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 118.34 Percentage Change: + 3.30% Day High: 117.98 Day Low: 114.78

Near term, above 119 is supposed to bring an initial 121 with secondary, i ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 174.1 Percentage Change: + 2.56% Day High: 173.95 Day Low: 169.1

Target Met. Movement now above 174.5 indicates the potential of recovery t ……..

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

#FTSE #Nasdaq The Curse of Oak Island, a weekly TV festival of folk digging holes in the ground while looking for buried treasure, takes place in Nova Scotia, Canada. The documentary series, while quite risible in places, has proven quite addictive despite the show tending to glaze over a fairly important detail. An ex-slave from the USA who grew cabbages on the island became one of Canada’s richest people, surprising many as no-one could understand just why his farm was so profitable.

This detail tends indicate the treasure has already been found, treasure “some say” includes the Holy Grail, the Ark of the Covenant, Shakespeare’s lost works, Aztec gold, Marie Antoinette’s bangles, and lots of pirate treasure. Despite 8 years of digging, increasing levels of tech, and apparently fabulous viewing numbers, the sad truth remains of the team never actually finding anything realistic except bits of wood. Curse of Oak Island is on the Discovery Channel in the UK.

 

However, with Nova Scotia promising great things, it was difficult to ignore Toronto Exchange traded Bank of Nova Scotia suddenly appearing as a ‘Strong Buy’ in our daily tech digest! Faster than an Oak Island treasure hunter, we delved into the numbers to see if anything interesting was coming.

 

Thankfully the answer looks like being “yes” as the share is already trading above its pre-pandemic level of 75 Canadian dollars and better still, opted to start December with a new all time high. Presently trading around 86 CAD, the price now needs better just 89 dollars to enter a cycle to an initial 95. If bettered, our longer term secondary calculates at 103 CAD. For everything to go horribly wrong, the share price currently requires below 80 Canadian dollars as such a movement would threaten a reversal cycle which would hopefully rebound at the 65 level.

Similar to our favored TV show, this looks worth watching.

Yet again, our thanks to the folk who discover a fascinating advert on this page worth visiting. Each clock keeps us in coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:19:35PM	BRENT	73.98									Success
11:21:33PM	GOLD	1790									‘cess
11:28:19PM	FTSE	7306	7246	7233	7204	7278	7318	7354	7440	7261	‘cess
11:30:28PM	FRANCE	7001.3									‘cess
11:35:32PM	GERMANY	15503									Success
11:38:13PM	US500	4647
11:41:54PM	DOW	35506.3									‘cess
11:45:02PM	NASDAQ	15963	15605	15568	15426	15768	15988	16000	16169	15916	Success

21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%

20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%

17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%

16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%

15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%

14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%

13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%

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:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:POG Petrop etc** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:SDY Speedyhire** **LSE:TSCO Tesco** **

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Updated charts published on : Aviva, Avacta, Barclays, Barrett Devs, BP PLC, Carclo, Carnival, Centrica, Darktrace Plc, 4D Pharma, Firstgroup, HSBC, British Airways, National Glib, Omega Diags, Petrop etc, Quadrise, Rockhopper, Speedyhire, Tesco,

LSE:AV. Aviva. Close Mid-Price: 403.8 Percentage Change: + 1.46% Day High: 405.2 Day Low: 400.6

Even above 407 now looks useful, allowing movement to an initial 421 with ……..

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LSE:AVCT Avacta. Close Mid-Price: 105.9 Percentage Change: + 1.05% Day High: 106.5 Day Low: 100.5

Weakness on Avacta below 100 now looks capable of reversal to an initial 9 ……..

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LSE:BARC Barclays. Close Mid-Price: 184.26 Percentage Change: + 3.17% Day High: 184.04 Day Low: 180.72

This shambles needs above 187.5 to suggest some surprise recovery, given a ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 724.8 Percentage Change: + 3.10% Day High: 730.2 Day Low: 709

Now above 731 looks capable of 760 next. If exceeded, our secondary calcul ……..

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LSE:BP. BP PLC. Close Mid-Price: 331.75 Percentage Change: + 2.61% Day High: 332.35 Day Low: 324.5

Below 320 now looks problematic, giving a reversal potential to an initial ……..

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LSE:CAR Carclo. Close Mid-Price: 38.55 Percentage Change: + 6.64% Day High: 38 Day Low: 35.9

Below just 34 now looks troubling, suggesting coming weakness to 22 with s ……..

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LSE:CCL Carnival. Close Mid-Price: 1392 Percentage Change: + 9.59% Day High: 1398.8 Day Low: 1260.4

Allegedly, above 1400 should bring the price to an initial 1544p. If bette ……..

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LSE:CNA Centrica. Close Mid-Price: 68.5 Percentage Change: + 2.39% Day High: 68.94 Day Low: 67.32

Continued trades against CNA with a mid-price ABOVE 69 should improve the ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 408.6 Percentage Change: + 2.00% Day High: 426.4 Day Low: 401.4

Now below 374 permits reversals to an initial 336 with secondary, should s ……..

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LSE:DDDD 4D Pharma. Close Mid-Price: 52.6 Percentage Change: + 2.73% Day High: 54.9 Day Low: 50

Below 50 now threatens weakness to an initial 44 with secondary, if broken ……..

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LSE:FGP Firstgroup Close Mid-Price: 101.3 Percentage Change: -1.84% Day High: 104.3 Day Low: 100.2

This still needs above 111 to signal coming miracle recovery to an initial ……..

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LSE:HSBA HSBC. Close Mid-Price: 445.2 Percentage Change: + 0.77% Day High: 446.5 Day Low: 439.65

Now above 450 suggests the possibility of a gain to 460 next with secondar ……..

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LSE:IAG British Airways. Close Mid-Price: 139.98 Percentage Change: + 6.90% Day High: 138.92 Day Low: 130.66

Below 122 now could provide a glide down to an initial 115 with secondary, ……..

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LSE:NG. National Glib. Close Mid-Price: 1084.8 Percentage Change: + 0.93% Day High: 1084.4 Day Low: 1067.8

Continued trades against NG. with a mid-price ABOVE 1084.4 should improve ……..

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LSE:ODX Omega Diags Close Mid-Price: 20.5 Percentage Change: -5.75% Day High: 22.25 Day Low: 20.5

If Omega Diags experiences continued weakness below 20.5, it will invaria ……..

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LSE:POG Petrop etc Close Mid-Price: 20.22 Percentage Change: -1.08% Day High: 20.84 Day Low: 18.5

Weakness on Petrop etc below 18.5 will invariably lead to 17.5 with secon ……..

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LSE:QFI Quadrise. Close Mid-Price: 2.55 Percentage Change: + 29.11% Day High: 2.3 Day Low: 2.09

Above 2.55 suggests some mild interest, calculating with an initial 2.9 wi ……..

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LSE:RKH Rockhopper. Close Mid-Price: 7.7 Percentage Change: + 22.42% Day High: 7.99 Day Low: 6.27

Above 8p now suggests an initial 9.35p with our longer term secondary, if ……..

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LSE:SDY Speedyhire. Close Mid-Price: 59.9 Percentage Change: + 1.53% Day High: 60.2 Day Low: 58.7

In the event Speedyhire experiences weakness below 58.7 it calculates wit ……..

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LSE:TSCO Tesco. Close Mid-Price: 288.5 Percentage Change: + 0.31% Day High: 289.65 Day Low: 287

Further movement against Tesco ABOVE 289.65 should improve acceleration t ……..

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

#Gold #SP500 A historical dislike of Easyjet (LSE:EZJ) & Ryanair tends make us distrust our reports on these company share price movements, ‘lest we permit an inherent bias to intrude, unconsciously favouring worst case scenario. It presently feels their share price doesn’t need further assistance to ‘talk it down’, the current lockdown scare appears to be stepping in the role quite nicely.

We had to wonder about the view of the Downing St wino party, a photograph taken from above. Perhaps an airline took the shot, banking the image for use against the next time when incompetent politicians decided to again trash their industry. But, to be fair, another politician believes the angle reveals the snapshot was taken from No 11 Downing St, perhaps the chancellor feeling distraught at being left out of a garden party. As the Prime Minister describes the event as a working meeting, our own personal experience of corporate meetings certainly agrees they would be brightened considerably if the company ensured a supply of drinks. It would also make driving home at the end of a day quite an interesting proposition.

 

Easyjet share price looks poised for another hammering. In terms of ‘closing price’, the share is currently messing around at the level of the pandemic low of 2020, looking dangerously close to another thrashing. On the day of the pandemic crash, Easyjet hit 410p but actually closed the day at 507p. At present, the share price needs descend below 457p to risk triggering further reversals to 301p. We’d hope for a bounce at such a level, if only due to such a reversal essentially matching the lows of the financial crash.

There’s a serious issue if the share price discovers an excuse to close a session below 301p. It risks a visit to an ultimate bottom of 45p thereafter. Generally, when such a massive void exists between target levels, we tend expect a proper bounce at the initial target, in this case 301p.

 

However, there are early signs our dreadful scenario above risks being too dramatic. Currently, the share need only exceed 515p to allegedly enter a cycle to an initial 551p. If bettered, we can feel more confident extrapolating a future 677p as a major point of interest. Unfortunately, for the present Easyjet share price shares a lot with folk who’ve been through their ‘Customer Service’ process. It’s not happy!

As always, many thanks to those who opt to visit some of the fascinating adverts on this page. This week especially, we appreciate feeling someone just bought us a coffee.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:44:07PM	BRENT	72.01									Success
9:46:51PM	GOLD	1788.74	1788	1785	1776	1797	1804	1809	1812	1794	‘cess
9:49:29PM	FTSE	7253.16									Success
9:51:36PM	FRANCE	6903.3
9:54:31PM	GERMANY	15368									Success
9:59:32PM	US500	4578	4564	4549	4519	4601	4582	4600	4623	4546	Success
10:02:05PM	DOW	35024
10:05:09PM	NASDAQ	15686									Shambles
10:08:13PM	JAPAN	28244									Success

 

20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%

17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%

16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%

15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%

14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%

13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%

10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%

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:AVCT Avacta** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CPI Capita** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:HUR Hurrican Energy** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:QFI Quadrise** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Applied Graphene, Avacta, Caspian, Cellular Goods, Capita, Foxtons, Gulf Keystone, Hurrican Energy, Intercontinental Hotels Group, ITM Power, National Glib, OPG Power Ventures, Oxford Instruments, Quadrise, Rolls Royce, Zoo Digital,

LSE:AGM Applied Graphene Close Mid-Price: 21.5 Percentage Change: -6.11% Day High: 22.5 Day Low: 21.5

If Applied Graphene experiences continued weakness below 21.5, it will in ……..

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LSE:AVCT Avacta Close Mid-Price: 104.8 Percentage Change: -2.06% Day High: 108.5 Day Low: 103.5

Weakness on Avacta below 103.5 will invariably lead to 90p next. If broke ……..

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LSE:CASP Caspian Close Mid-Price: 3.5 Percentage Change: -2.78% Day High: 3.7 Day Low: 3.5

Weakness on Caspian below 3.5 will invariably lead to 3.4 with secondary ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 6.15 Percentage Change: + 2.50% Day High: 6.15 Day Low: 5.85

In the event Cellular Goods experiences weakness below 5.85 it calculates ……..

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LSE:CPI Capita Close Mid-Price: 34.74 Percentage Change: -3.45% Day High: 35.19 Day Low: 33.71

If Capita experiences continued weakness below 33.71, it will invariably ……..

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LSE:FOXT Foxtons Close Mid-Price: 38.25 Percentage Change: -1.42% Day High: 41.35 Day Low: 38

In the event Foxtons experiences weakness below 38 it calculates with a d ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 168.2 Percentage Change: -3.22% Day High: 171.4 Day Low: 164.6

Target met. Weakness on Gulf Keystone below 164.6 will invariably lead to ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 3.55 Percentage Change: -15.48% Day High: 4 Day Low: 3.3

Target met. Continued weakness against HUR taking the price below 3.3 cal ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4438 Percentage Change: -0.83% Day High: 4468 Day Low: 4314

If Intercontinental Hotels Group experiences continued weakness below 431 ……..

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LSE:ITM ITM Power Close Mid-Price: 369.6 Percentage Change: -2.27% Day High: 374.2 Day Low: 358.6

Weakness on ITM Power below 358.6 will invariably lead to 313. If broken, ……..

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LSE:NG. National Glib. Close Mid-Price: 1074.8 Percentage Change: + 0.09% Day High: 1072.8 Day Low: 1051

Target met. All National Glib needs are mid-price trades ABOVE 1072.8 to ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 10.75 Percentage Change: -3.37% Day High: 11.12 Day Low: 10.75

In the event OPG Power Ventures experiences weakness below 10.75 it calcu ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2535 Percentage Change: -1.55% Day High: 2530 Day Low: 2495

Further movement against Oxford Instruments ABOVE 2530 should improve acc ……..

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LSE:QFI Quadrise Close Mid-Price: 1.98 Percentage Change: -10.23% Day High: 2.09 Day Low: 2.09

Target met. Weakness on Quadrise below 2.09 will invariably lead to 1.9 w ……..

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LSE:RR. Rolls Royce Close Mid-Price: 110.48 Percentage Change: -3.34% Day High: 112.6 Day Low: 107.12

Target met. In the event Rolls Royce experiences weakness below 107.12 it ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 114 Percentage Change: -1.72% Day High: 114 Day Low: 112.5

Target met. Continued weakness against ZOO taking the price below 112.5 c ……..

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

#Brent #Dax The coming week looks quite dreadful, thanks to the advent calendar on my desk only showing 5 more windows from which it shall dispense little miserable chunks of chocolate. Who knew, when it was received, this terrible excuse for a Xmas card would assume such a key role in counting down the days. Okay, perhaps everyone knows but personally I’ve never been given one of these things.

One hitherto unknown facet of this item of torture was a revelation I’m a complete chocolate addict! The normal office routine is to turn on the espresso machine, turn on the computers, grind some coffee beans, etc. Now, it’s a rush to the calendar and scoff a fragment of chocolate. Perhaps the reason is I generally only allow myself confectionary on Xmas day, my waistlines best friend, a chocolate orange.

 

I’ve just 5 chocolate treats left for the coming week, the market in London closing at 12.30pm on Friday for what shall be quite a decent break, due to Monday & Tuesday being allocated holiday status due to Xmas falling on the weekend. It’s easy to wonder if I shall deserve a 2nd chocolate orange on the Monday, a sort of Xmas day in lieu excuse. It’s certainly going to be curious this year, discovering if chocolate oranges have yet again shrunk in size. Over the years, it has become obvious the manufacturer has opted to reduce the size of their product, rather than increase the retail price. Sooner or later, a reasonable suspicion is the little globes of heaven shall challenge the size of maltesers.

 

While counting down the minutes until my 8am chocolate morsel, it’s probably worth noting our previous report on Brent three weeks ago came to fruition. The black stuff opted to reverse and break our $68 initial target level. The break, or rather, the force of the break down to a surprise $65 tends suggest the markets are taking the threat of further lockdowns quite seriously. As a result, we’re inclined to expect the worst in the week again, while Governments agonise whether to effectively cancel Xmas. Of course, it’s doubtful the UK could “get away” with such a wheeze, given photographs at the weekend of a lazy wine & cheese bash at Downing St in May 2020, literally none of the guidelines being followed. But with Germany and France already opting to restrict travel from the UK, it’s maybe the case the damage has already been done. Again.

If this results in a panic set of lockdown rules, the knock-on effect across the markets is liable to prove quite spectacular.

Now below $68 calculates with the triggering possibility of Brent Crude heading down to $60.76 initially. In the event such a level breaks, our secondary (and hopefully bottom) works out at $43.62. Should such weakness trigger, the tightest stop is impossibly wide at $77.

 Lloyds Bank (LON:LLOY) As for Lloyds, we can be brief. Our criteria three weeks ago proposed an argument for reversal to 44.6p. This level was achieved and even broken. As a result, we’re inclined toward a degree of misery in speculating what’s coming next. The price now needs break 44.3p to trigger reversal to an initial 43.16p with secondary, if (or rather when) broken at a bottom of 40.3p. Overall, Lloyds share price is now trading in a region where we calculate an ultimate bottom of 32p has become possible. It’s probably important to view the inset on the chart below. The upper inset with candles shows the share price appears to exceed the immediate Red uptrend. The lower inset, the closing price, shows the market took exquisite care to avoid the price closing a session in safety.

As a result, we suspect the markets are just waiting a Lockdown announcement to provoke sharp reversals. Lloyds now requires to trade above 48p to aim for any sort of safety.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:32:32PM	BRENT	77.93	72.64	72.27	71.83	73.74	74.42	74.68	75.36	73.46	Success
10:35:06PM	GOLD	1796.3									Success
10:37:06PM	FTSE	7239.81
10:39:57PM	FRANCE	6927									Success
10:43:11PM	GERMANY	15502.05	15417	15346	15272	15509	15613	15644	15719	15484	‘cess
10:45:03PM	US500	4624									Success
10:54:37PM	DOW	35452									Success
11:03:23PM	NASDAQ	15793
11:05:40PM	JAPAN	28467									‘cess

 

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:EME Empyrean** **LSE:EZJ EasyJet** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Avacta, Empyrean, EasyJet, Sainsbury,

LSE:AVCT Avacta Close Mid-Price: 108.5 Percentage Change: -4.82% Day High: 110 Day Low: 106

This is not encouraging as below 106 now suggests coming weakness to 90p n ……..

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LSE:EME Empyrean Close Mid-Price: 7 Percentage Change: -2.78% Day High: 7.2 Day Low: 7

Further movement against Empyrean ABOVE 7.2 should improve acceleration t ……..

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LSE:EZJ EasyJet. Close Mid-Price: 504.6 Percentage Change: + 3.85% Day High: 506 Day Low: 483.9

We’re two distinct scenario, each pointing to the potential of EJ gliding ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 273 Percentage Change: + 1.04% Day High: 273.2 Day Low: 269.9

In the event Sainsbury experiences weakness below 269.9 it calculates wit ……..

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

#FTSE_Futures #I_Hate_my_dog

Usually, we allocate 90 minutes to check weekly FTSE index movements, prior to collating everything and producing this headline section, hopefully with some numbers which shall prove useful. A dog called “Penny”, quite spitefully, sabotaged everything tonight, just because she didn’t like her ears being cleaned. It’s a Golden Retriever ailment, constant head shakes telling the owner the time has come for some hygiene. And dogs utterly hate the 10 minute job.

 

“Penny” was suitably ambushed at 9pm, her left ear being the guilty party, and the task quickly completed. As always, she celebrated completion by squirming on the wet, muddy, leaf strewn, lawn. But glancing outside later, she had utterly vanished. This risks being a bad thing, thanks to the darkness, the forest and mountain behind the house. If she ever failed to return when called, we’d never find her. She didn’t return, when called, repeatedly and worse, there was no barking. Eventually, it was time to clamber up the cliff, into the steep forest, and hope her eyes would be reflected with the hand-held floodlight. There was still no barking, something very unusual, as Golden Retrievers usually become very vocal when deer, rabbits, or hedgehogs outpace them.

Eventually, thankful for the bright moon and approaching the usual snow level at 500 feet (no snow currently), distant barks were heard. After starting to walk in the right direction with some relief, my phone rung. It was my wife, utterly furious and trying to catch the dog. The animal had circled round, come down to sea level, and was quite literally standing in the sea, barking at my wife and refusing to come out. When I eventually made it down the mountain, wife and 7 year old dog were home and angrily ignoring each other. There was no doubt we’d just been repaid for cleaning her ears.

They say “Never offer an excuse, when late” but what happened tonight just had to be mentioned, the sometimes dubious joys of staying in Argyll, by the sea and mountains!

 

We’re late tonight with our report but this doesn’t detract from something quite important happening with the FTSE, along with wider markets. On Wednesday, quite a few markets made serious triggering movements which pointed to the potential of serious drops. For the FTSE, we’d marked 7189 as a danger point for clients and the UK index stumbled below the trigger, eventually deciding to bottom at 7166 points. But once the FTSE closed and we enjoyed the realms of after-hours futures, after 7pm there was a distinct mood change and it almost felt like the markets had noticed they’d opened the doors for some serious drop potentials. With miracle movements, the next two hours saw German futures gain 200 points, the Nasdaq 550 points, Wall St 500 points and the FTSE recovering 60 points. It was all very mysterious but sent a pretty firm message the markets, despite earlier triggering events, could not be expected to suffer on Thursday. This belief proved completely correct, aside from the Nasdaq which, alone, managed to unwind all the previous days movements. We’ve absolutely no idea what the Nasdaq is playing at, the behaviour akin to a Golden Retriever after getting its ears cleaned.

Despite Thursdays positive behaviour on the FTSE, we’re a little concerned as the index has failed show similar exuberance to other markets. From a near term perspective, the market requires exceed 7275 points to bring movement to an initial 7305 points. Our secondary, if exceeded, calculates at a less believable 7372 points but it’s worth noting, in passing, such an ambition collides with the Blue downtrend since the start of 2020. If triggered, the tightest stop looks like 7225 points and always remember, never trust a triggering movement in the opening seconds of the day. Unlike our wayward dog, this sort of thing often bites.

 

Our alternate scenario suggests weakness below 7225 risks bringing reversal to an initial 7207 points. If broken, hopefully the market shall choose to bounce at 7186 points.

Again, our thanks to the nice folk who discover adverts on this page worthy of a visit. It buys the morning coffee.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:49:56PM	BRENT	74.54	73.9	73.485		75	75.48	75.935		74.16
10:52:03PM	GOLD	1799.23	1780	1773		1792	1800	1805		1786	Success
10:55:33PM	FTSE	7257.84	7225	7210		7265	7277	7292		7225	‘cess
10:58:22PM	FRANCE	6966.3	6958	6934.5		7002	7062	7103		6986
11:02:52PM	GERMANY	15591	15527	15489		15626	15783	15834		15684	‘cess
11:05:44PM	NASDAQ	16866	15798	15631		15980	16090	16134		15870	Success
11:08:17PM	DOW	35931	35768	35647		36004	36205	36248		36038	Success
11:10:28PM	US500	4671	4664	4650		4687	4695	4705		4665	Success
11:39:57PM	JAPAN	28845	28710	28534		28896	29188	29261		28909	Success

 

16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%

15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%

14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%

13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%

10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%

9/12/2021 FTSE Closed at 7321 points. Change of -0.22%. Total value traded through LSE was: £ 5,443,441,871 a change of -11.44%

8/12/2021 FTSE Closed at 7337 points. Change of -0.04%. Total value traded through LSE was: £ 6,146,296,986 a change of 1.35%

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:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:EME Empyrean** **LSE:GKP Gulf Keystone** **LSE:IGAS Igas Energy** **LSE:NG. National Glib** **

********

Updated charts published on : Asos, Cellular Goods, Centrica, Empyrean, Gulf Keystone, Igas Energy, National Glib,

LSE:ASC Asos Close Mid-Price: 2119 Percentage Change: -4.81% Day High: 2195 Day Low: 1970.5

If Asos experiences continued weakness below 1970.5, it will invariably l ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.1 Percentage Change: -1.45% Day High: 6.15 Day Low: 6.05

Continued weakness against CBX taking the price below 6.05 calculates as ……..

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LSE:CNA Centrica. Close Mid-Price: 67.54 Percentage Change: + 1.32% Day High: 67.86 Day Low: 66.94

Continued trades against CNA with a mid-price ABOVE 67.86 should improve ……..

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LSE:EME Empyrean Close Mid-Price: 7 Percentage Change: -2.78% Day High: 7.2 Day Low: 7

This is now looking a bit ropey as below 6 now expects weakness to an init ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 180 Percentage Change: + 3.21% Day High: 181 Day Low: 171

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LSE:IGAS Igas Energy Close Mid-Price: 12.6 Percentage Change: -1.75% Day High: 12.6 Day Low: 12.6

If Igas Energy experiences continued weakness below 12.6, it will invaria ……..

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LSE:NG. National Glib. Close Mid-Price: 1064.4 Percentage Change: + 0.51% Day High: 1066.2 Day Low: 1050

In the event of National Glib enjoying further trades beyond 1066.2, the ……..

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#Gold #Nasdaq Our weekly drive to find something interesting in Europe reveals Renault currently showing some potentials. We wonder how accurate they may prove to be, given Renault are on the edge of becoming a major engine supplier to Formula One, if Mercedes opt to abandon the “sport” due to the fixed world championship against the UK’s Louis Hamilton last weekend.

Feelings are certainly running high over the shambles and we notice some bookmakers are claiming they are paying out against bets favouring Louis Hamilton being world champion. Personally, there’s no doubt he won the race, spending most of the race ahead by a substantial margin. As Hamilton himself said, in the final lap, “this is being manipulated!”. It has resulted in a situation where stories of Mercedes pulling out of “motorsport” has become a possibility and as they supply almost half the engines used, things could become pretty messy. Of course, Renault who field a team called Alpine, may find themselves in a position to step in as an engine supplier, something they previously did anyway. Whether anyone bothers watching future races will be another question entirely?

 

At present, Renault enjoy a share price which looks perfectly capable of some reversals. We did notice, in our trawl of rankings against some European shares, the company are listed as a “Strong Sell” with the price tending to reflect such a possibility. Presently trading at 28.6€, the share need only reverse below 28 to engage some travel down to an initial 24.1€. Should this level break, we can calculate a longer term secondary target by 18.1€, a level just before which we’d hope for a rebound. We can also mention, if passing, the share price in recent weeks exhibited a classis “GaGa” movement (circled), this Gap Up followed by a Gap Down, being one of the games played historically, prior to a fairly important share price reversal. As we mentioned recently, games such as this are proving vanishingly rare this year, making it difficult to rely on what used to be a serious Red Flag.

Currently Renault need trade above 32.3€ to give hope for genuine price recovery. Achieving such a trigger calculates with the potential of forward movement to an initial 34.2 with secondary, if bettered, a more encouraging longer term 41.6€.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:22:10PM	FTSE	7232									‘cess
9:24:22PM	FRANCE	6964
9:28:02PM	BRENT	74.27									Shambles
9:30:13PM	GOLD	1778.36	1768	1758	1747	1781	1781	1785	1796	1769	‘cess
9:46:10PM	GERMANY	15637									Success
9:48:51PM	US500	4712.97									‘cess
9:52:06PM	DOW	35947									Shambles
9:54:33PM	NASDAQ	16292	16176	16129	16071	16270	16301	16324	16517	16133	Success
9:57:04PM	JAPAN	28902									Success

15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%

14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%

13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%

10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%

9/12/2021 FTSE Closed at 7321 points. Change of -0.22%. Total value traded through LSE was: £ 5,443,441,871 a change of -11.44%

8/12/2021 FTSE Closed at 7337 points. Change of -0.04%. Total value traded through LSE was: £ 6,146,296,986 a change of 1.35%

7/12/2021 FTSE Closed at 7340 points. Change of 1.49%. Total value traded through LSE was: £ 6,064,412,188 a change of 23.32%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:DDDD 4D Pharma** **LSE:GENL Genel** **LSE:IGAS Igas Energy** **LSE:IHG Intercontinental Hotels Group** **LSE:NG. National Glib** **LSE:OPG OPG Power Ventures** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **

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Updated charts published on : AFC Energy, Aston Martin, Asos, Caspian, Cellular Goods, Centamin, 4D Pharma, Genel, Igas Energy, Intercontinental Hotels Group, National Glib, OPG Power Ventures, Polymetal, Rolls Royce, Speedyhire,

LSE:AFC AFC Energy Close Mid-Price: 46.2 Percentage Change: -1.18% Day High: 48.25 Day Low: 45.5

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LSE:AML Aston Martin. Close Mid-Price: 1203.5 Percentage Change: + 1.09% Day High: 1205 Day Low: 1141

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LSE:ASC Asos Close Mid-Price: 2226 Percentage Change: -3.47% Day High: 2318 Day Low: 2208

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LSE:CASP Caspian Close Mid-Price: 3.7 Percentage Change: -1.33% Day High: 3.75 Day Low: 3.55

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LSE:CBX Cellular Goods Close Mid-Price: 6.19 Percentage Change: -8.97% Day High: 6.58 Day Low: 6

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LSE:CEY Centamin Close Mid-Price: 80.74 Percentage Change: -1.70% Day High: 82.14 Day Low: 80.42

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LSE:DDDD 4D Pharma Close Mid-Price: 51 Percentage Change: -3.23% Day High: 53.7 Day Low: 48.1

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LSE:GENL Genel Close Mid-Price: 120 Percentage Change: -0.99% Day High: 124 Day Low: 120

Weakness on Genel below 120 will invariably lead to 114 with secondary, i ……..

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LSE:IGAS Igas Energy Close Mid-Price: 12.82 Percentage Change: -0.58% Day High: 13.95 Day Low: 12.8

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4399 Percentage Change: -1.79% Day High: 4487 Day Low: 4384

In the event Intercontinental Hotels Group experiences weakness below 438 ……..

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LSE:NG. National Glib. Close Mid-Price: 1059 Percentage Change: + 0.34% Day High: 1063.6 Day Low: 1053

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LSE:OPG OPG Power Ventures. Close Mid-Price: 11.12 Percentage Change: + 0.00% Day High: 11.25 Day Low: 10.85

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LSE:POLY Polymetal Close Mid-Price: 1245 Percentage Change: -1.58% Day High: 1265.5 Day Low: 1245

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LSE:RR. Rolls Royce Close Mid-Price: 113.02 Percentage Change: -3.52% Day High: 117.82 Day Low: 112.72

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LSE:SDY Speedyhire Close Mid-Price: 59.9 Percentage Change: -1.80% Day High: 62 Day Low: 59.6

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