Barclays Plc & a Brent Crude comment

#Brent_Crude #Dax Fuel prices in the UK continue to explore new highs, a fact brought sharply home when filling a couple of cans of diesel for our little tractor. The thing has a spiteful fuel tank, pretending to run out of fuel when below 5 ltrs. This only happens when cutting the lawn from left to right, otherwise it’s fine heading up and down. The lawn, you see, slopes and few things are more irritating than spluttering to a halt with a fuel gauge reading 1/4 full. Maybe this winter will be the one when I remember to reposition the fuel valve…

The price to fill the two diesel cans was nearly 15 quid. When I last filled the cans earlier this year, I remember handing over a 10 pound note and a single 1 pound coin! It’s annoying to report I probably bought fuel for the tractor (grudgingly, surely the last cut of the year) at the lowest and highest prices of 2021. This suspicion is due to the price of Brent Crude. We keep calculating the $86 level as a potential point of hesitation on the current rising cycle. Visually, this is also borne out by the high back in 2018 as there are few things the market likes more than invent a reason for hesitation in price movements. As the chart below highlights, Brent Crude now has every excuse to experience some hesitation, regardless of Big Picture growth characteristics. In the event the product discovers a reason to drip below $77, all bets are off for the longer term.

Hey, chart goes here

Barclays Plc (LSE:BARC) As for Barclays, when we reviewed the share 3 weeks ago, we gave criteria for a climb to 198.7p. The share closed Friday at 198.86p, so this ambition can be successfully crossed off. The important detail, from a software perspective, is our initial target was exceeded, creating a set of circumstances where some optimism for the future is possible. Now above 202p looks important, calculating with an initial target level at 216p next. If exceeded, our longer term secondary works out at 222p.

Despite it being true the “Big Picture” now demands we admit a longer term 240p should be regarded as the driving hope, our inclination is for caution, simply due to the retail banks dreadful performance in the last 7 years. Our real problem surfaces, if we concede the share is entering a true recovery cycle, thanks to the Big Picture also giving a target above 240p as an astounding leap to 407p.

If Barclays opts to explore reasons to destroy hope, the share price needs move below 161p. Ideally, the share should now only need infinite patience, world peace, universal health, and competent UK governments. Perhaps ‘infinite patience’ shall be a realistic hope.

Hey, chart goes here

Our thanks to the nice people who effectively “buy us a coffee” by discovering adverts on this page worthy of a visit.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:19:53PM BRENT 85 83.3 83 82.24 84.5 85.28 85.61 86.38 83.4 ‘cess
9:22:11PM GOLD 1793.32 Success
9:23:59PM FTSE 7215.41 Success
9:26:19PM FRANCE 6748 Success
9:29:19PM GERMANY 15548 15488 15484 15440 15544 15618 15648 15688 15550 ‘cess
9:32:20PM US500 4545.22 ‘cess
9:35:34PM DOW 35675 Success
9:38:19PM NASDAQ 15356 Success
9:43:28PM JAPAN 28686 ‘cess
22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%
21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%

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:ASC Asos** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:IGAS Igas Energy** **LSE:POG Petrop etc** **LSE:TLW Tullow** **LSE:ZOL Zoldav** **

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Updated charts published on : Asos, Barclays, BALFOUR BEATTY, Diageo, MAN, Fresnillo, Igas Energy, Petrop etc, Tullow, Zoldav,

LSE:ASC Asos. Close Mid-Price: 2773 Percentage Change: + 2.14% Day High: 2782 Day Low: 2699

Target met. Further movement against Asos ABOVE 2782 should improve accel ……..

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LSE:BARC Barclays. Close Mid-Price: 198.86 Percentage Change: + 1.00% Day High: 201.1 Day Low: 196.66

Further movement against Barclays ABOVE 201.1 should improve acceleration ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 257.2 Percentage Change: -0.16% Day High: 258.8 Day Low: 256.6

In the event BALFOUR BEATTY experiences weakness below 256.6 it calculate ……..

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LSE:DGE Diageo. Close Mid-Price: 3639.5 Percentage Change: + 0.92% Day High: 3660.5 Day Low: 3603.5

Continued trades against DGE with a mid-price ABOVE 3666 should improve t ……..

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LSE:EMG MAN. Close Mid-Price: 236.3 Percentage Change: + 1.37% Day High: 236.3 Day Low: 232.9

Target met. All MAN needs are mid-price trades ABOVE 236.3 to improve acc ……..

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LSE:FRES Fresnillo. Close Mid-Price: 916.6 Percentage Change: + 1.98% Day High: 920 Day Low: 897.6

Target met. Further movement against Fresnillo ABOVE 920 should improve a ……..

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LSE:IGAS Igas Energy Close Mid-Price: 15.35 Percentage Change: -6.97% Day High: 16 Day Low: 15.35

This is dangerously confusing as weakness below 15 suggests the potential ……..

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LSE:POG Petrop etc. Close Mid-Price: 25.1 Percentage Change: + 3.04% Day High: 25.28 Day Low: 24.4

Further movement against Petrop etc ABOVE 25.28 should improve accelerati ……..

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LSE:TLW Tullow Close Mid-Price: 48.84 Percentage Change: -3.06% Day High: 50.7 Day Low: 48.25

In the event Tullow experiences weakness below 48.25 it calculates with a ……..

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LSE:ZOL Zoldav. Close Mid-Price: 30 Percentage Change: + 15.38% Day High: 30.5 Day Low: 26.5

Target met. In the event of Zoldav enjoying further trades beyond 30.5, t ……..

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

Our world famous FTSE for FRIDAY

#FTSE #GOLD A probably unhealthy addiction to Google statistics continues, primarily driven by the fact the 2nd greatest number of visitors to our website in the last week apparently came from China. Each visitor remained for less than a second! Whereas folk from the UK average 47 minutes on site, Singapore 31 minutes, and even the Maldives taking 12 minutes on average browsing, per visitor. Thankfully, the nice folk from Reunion Island remain on our list of international visitors.

The China puzzle is a real head scratcher as Google doesn’t count ‘bots’. Perhaps our negative mention of China Evergrande a few weeks merited attention but we note trading in the company shares has now been suspended, probably one of the least surprising market movements recently. Obviously, there is a risk of this impacting the markets again.

Hey, chart goes here

 

This week on the FTSE could be fairly described as boring, the market comprehensively failing to show direction with a trading range of around 50 points. It almost feels like the market has been in shock at achieving a new high since the pandemic plunge of March last year. We’d hoped the “surge” to 7244 a week ago would be significant, inspiring confidence in the marketplace. But unfortunately, the last 4 sessions were utterly lame and lacking in any commitment.

If we opt to fear the worst, the FTSE needs fall below 7156 points to justify some slight near term concern. We can calculate the potential of this triggering reversals to an initial 7116 points with secondary, if broken, at a painful looking 7048 points. If triggered, the tightest stop loss level looks like a tempting 7186 points, almost too tight to be trusted given the reversal potentials.

More likely, we suspect movements above 7216 points should prove interesting, calculating with a fairly useless potential of 7232 points. If bettered, our secondary is a more alluring 7275 points and yet another high for the period since last years pandemic drop.

Have a good weekend. Here in Scotland, we’ve had the first snow of winter, along with the first frosts!

Hey, chart goes here

Again, a massive thank-you to those who find adverts on the page of sufficient interest to visit. We appreciate the top-up to the coffee fund!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:11:30PM BRENT 84.25 82.8 82.095 83.65 84.82 85 84.06 Success
10:13:13PM GOLD 1783.24 1774 1770 1786 1789 1798 1778
10:15:24PM FTSE 7200.16 7179 7158 7211 7212 7220 7184 ‘cess
10:17:27PM FRANCE 6715.5 6655 6647 6689 6715 6738 6675
10:19:50PM GERMANY 15482 15455 15443 15490 15533 15563 15480 Success
10:22:13PM US500 4540 4521 4515 4531 4552 4558 4537 ‘cess
10:23:54PM DOW 35614 35442 35377.5 35575 35657 35682 35460
10:25:52PM NASDAQ 15400 15380 15364 15463 15499 15530 15409 Shambles
10:28:34PM JAPAN 28521 28403 28341 28696 28844 28943.5 28619 Success

 

21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%

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:ASC Asos** **LSE:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:ITM ITM Power** **LSE:QFI Quadrise** **LSE:TLW Tullow** **

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Updated charts published on : Asos, Block Energy PLC, Carclo, Centamin, EasyJet, ITM Power, Quadrise, Tullow,

LSE:ASC Asos. Close Mid-Price: 2715 Percentage Change: + 2.03% Day High: 2741 Day Low: 2620

In the event of Asos enjoying further trades beyond 2741, the share shoul ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 1.57 Percentage Change: -1.56% Day High: 1.6 Day Low: 1.52

Continued weakness against BLOE taking the price below 1.52 calculates as ……..

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LSE:CAR Carclo. Close Mid-Price: 38 Percentage Change: + 5.56% Day High: 40.1 Day Low: 36.5

Continued trades against CAR with a mid-price ABOVE 40.1 should improve t ……..

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LSE:CEY Centamin Close Mid-Price: 96.68 Percentage Change: -2.17% Day High: 98.28 Day Low: 96.56

Above 105 should give hope, along with movement to an initial 114p. If exc ……..

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LSE:EZJ EasyJet. Close Mid-Price: 599.8 Percentage Change: + 1.45% Day High: 606.2 Day Low: 576

If EasyJet experiences continued weakness below 576, it will invariably l ……..

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View Previous EasyJet & Big Picture ***

LSE:ITM ITM Power. Close Mid-Price: 479.8 Percentage Change: + 8.40% Day High: 481.8 Day Low: 437.8

In the event of ITM Power enjoying further trades beyond 481.8, the share ……..

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View Previous ITM Power & Big Picture ***

LSE:QFI Quadrise Close Mid-Price: 3.56 Percentage Change: -1.25% Day High: 3.5 Day Low: 3.5

This doesn’t feel very happy as weakness below 3.5 points to reversal to a ……..

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View Previous Quadrise & Big Picture ***

LSE:TLW Tullow Close Mid-Price: 50.38 Percentage Change: -3.85% Day High: 52.12 Day Low: 49.91

Continuing to let folk down, Tullow now need only better 56p to suggest a ……..

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View Previous Tullow & Big Picture ***

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

Can ITM Power inflate again?

#Gold #Nasdaq

Our previous report on ITM in November 2019 has proven quite extraordinary. We’d the courage to show some future targets on the illustrative charts but opted to “bottle it” in the text. To be honest, the only thing which permitted movement from 80p to 248p was a calculation, rather than any specific chart logic. Not only did the price reach 248p, it was gapped above this level in 2020 and somehow made its way to 724p eventually!

 

We had been impressed at the company technological Hydrogen Cell base and it certainly appears the market was equally fascinated. However, on the chart below, we’ve circled something which bothers us a little. Since March 2020, there has been a pretty solidly defined uptrend and earlier this month, the share price briefly spiked below the uptrend. As we’ve mentioned previously, this sort of one session event can often be taken as a warning signal, the market essentially broadcasting the uptrend cannot be trusted.

If this is indeed the case, weakness next below 356p risks promoting trouble, allowing reversal to an initial 231p with secondary, if broken, calculating at a bottom of 155p. Visually, there are plenty of arguments favouring a bounce at the 231p level.

 

Perhaps we’re being too negative, reading too much into whatever happened on October 6th!

 

Presently trading around 442p, the share price now needs exceed 479p as this, allegedly, should trigger price recovery to 580p. If playing safe, waiting until the share price closes above Blue (currently 504p), should make some sense. Our longer term secondary, should 580p be exceeded, works out at 676p. The chart visuals suggest some hesitation at such a level.

Hey, chart goes here

Yet again, serious thanks to the folk who find adverts on this page so interesting. Google certainly seem to do their job, publishing decent content to ensure we’re kept in coffee!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:42:46PM BRENT 85.39 ‘cess
9:44:52PM GOLD 1781.78 1769 1767 1760 1781 1789 1794 1803 1773 ‘cess
9:46:41PM FTSE 7216.08
9:48:27PM FRANCE 6707.5 Success
9:50:55PM GERMANY 15507.82 ‘cess
9:54:35PM US500 4533.87
9:56:29PM DOW 35564 Success
9:58:20PM NASDAQ 15373.72 15332 15293 15238 15400 15462 15488 15540 15378
10:00:49PM JAPAN 29241
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%
12/10/2021 FTSE Closed at 7130 points. Change of -0.22%. Total value traded through LSE was: £ 5,733,075,032 a change of 19.23%

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:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:OXIG Oxford Instruments** **

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Updated charts published on : Asos, Carclo, Cellular Goods, Centrica, ECO (Atlantic) O & G, EasyJet, Fresnillo, Hurrican Energy, British Airways, IQE, Oxford Instruments,

LSE:ASC Asos. Close Mid-Price: 2661 Percentage Change: + 4.76% Day High: 2721 Day Low: 2495

Continued trades against ASC with a mid-price ABOVE 2721 should improve t ……..

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LSE:CAR Carclo. Close Mid-Price: 36 Percentage Change: + 10.09% Day High: 35.5 Day Low: 32.1

Needing above 37, this looks capable of movement to an initial 41.5 with s ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.8 Percentage Change: -1.45% Day High: 6.85 Day Low: 6.72

Continued weakness against CBX taking the price below 6.72 calculates as ……..

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LSE:CNA Centrica. Close Mid-Price: 60.22 Percentage Change: + 2.94% Day High: 61.1 Day Low: 58.78

In the event of Centrica enjoying further trades beyond 61.1, the share s ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 33.2 Percentage Change: + 9.57% Day High: 34.25 Day Low: 30.5

All ECO (Atlantic) O & G needs are mid-price trades ABOVE 34.25 to improv ……..

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LSE:EZJ EasyJet Close Mid-Price: 591.2 Percentage Change: -3.59% Day High: 614.8 Day Low: 581.8

This is looking increasingly dodgy as below 580 indicates coming reversal ……..

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LSE:FRES Fresnillo. Close Mid-Price: 897.4 Percentage Change: + 1.10% Day High: 899.8 Day Low: 883

All Fresnillo needs are mid-price trades ABOVE 899.8 to improve accelerat ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 4.8 Percentage Change: + 10.34% Day High: 4.7 Day Low: 4.2

If this will trade above 5.09, it now calculates with the potential of 6.4 ……..

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LSE:IAG British Airways Close Mid-Price: 157.5 Percentage Change: -4.87% Day High: 165.78 Day Low: 156.04

If British Airways experiences continued weakness below 152, it will inv ……..

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LSE:IQE IQE Close Mid-Price: 44 Percentage Change: -1.01% Day High: 45.6 Day Low: 44.05

Weakness on IQE below 43.5 will invariably lead to 40p next. If broken, s ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2340 Percentage Change: -2.50% Day High: 2455 Day Low: 2360

If this intends trouble, below 2175 will do it, allowing reversal to 1779 ……..

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

BT Group, a class act or class action?

BT Group (LSE:BT.A)

When we reviewed BT in April, we gave criteria for movement toward the 200p level. This was a pretty concise success but we forgot our promise to recalculate should such a level make an appearance. The period since has been dire, the share price opting to mimic their customer service, coming completely unwound. There’s now an issue making itself known, probably not helped by the latest news of their policy of overcharging customers which has resulted in a class action.

 

From our perspective, it’s all about the 134p share price level. Given the share is presently trading around 137p, very little work is required to hit our next reversal trigger, one with some interesting (but with potentially useful) consequences.

Below 134p now threatens reversal to an initial 111p. Our secondary, if the initial target breaks, is a fascinating 100p. The secondary rates special interest, thanks to the presence of the Red line on the chart. This level dates back to the market crash of 2009, a trend which the market has proven extremely shy of breaking below. Even last year, with all the pandemic trauma, despite a flurry of intraday movements nodding below Red, the stock market was extremely careful to ensure the share price closed on the line, never below. We’ve shown this extraordinary period below as it gives considerable hope should our secondary target of 100p make an appearance anytime soon.

Hey, chart goes here

Essentially, reaching 100p comes with a reasonable chance a bounce can be expected. If opting to try a Long position, a stop loss could be emplaced just below last years low of 94p though, we must point out we’re nowhere near a position where we can speculate how high any rebound may extend. At present, the share price needs better 139p to give the potential of movement to an initial 146p with secondary, if bettered, a longer term 156p. Unfortunately, the current visuals suggest the market expects BT.A shares to fall a bit further and this is why we point out the 100p level may be worth keeping an eye on.

Hey, chart goes here

Our thanks to the folk who find adverts on this page worth a visit. It buys us a coffee (or two!) daily.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:38:20PM BRENT 84.57 Sorry
9:40:22PM GOLD 1769.33 Success
9:42:28PM FTSE 7230.42
9:44:48PM FRANCE 6659 6640 6625 6602 6673 6685 6697.5 6714 6648
9:52:23PM GERMANY 15517
9:54:53PM US500 4525.12 ‘cess
9:56:59PM DOW 35487 ‘cess
9:59:46PM NASDAQ 15428.47 Success
10:02:03PM JAPAN 29329 28987 28922.5 28769 29236 29391 29430 29628 29192 Success
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%
12/10/2021 FTSE Closed at 7130 points. Change of -0.22%. Total value traded through LSE was: £ 5,733,075,032 a change of 19.23%
11/10/2021 FTSE Closed at 7146 points. Change of 0.72%. Total value traded through LSE was: £ 4,808,445,394 a change of -16.31%

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:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:BT.A British Telecom** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:LLOY Lloyds Grp.** **LSE:POG Petrop etc** **LSE:SBRY Sainsbury** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Asos, BALFOUR BEATTY, British Telecom, Challenger Energy (aka Bahamas Pet), Fresnillo, Genel, Glencore Xstra, Lloyds Grp., Petrop etc, Sainsbury, Standard Chartered,

LSE:ASC Asos Close Mid-Price: 2540 Percentage Change: -0.78% Day High: 2662 Day Low: 2523

Target met. All Asos needs are mid-price trades ABOVE 2662 to improve acc ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 262.6 Percentage Change: -0.53% Day High: 264.8 Day Low: 257.8

Target met. Continued weakness against BBY taking the price below 257.8 c ……..

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LSE:BT.A British Telecom Close Mid-Price: 137 Percentage Change: -0.33% Day High: 138.55 Day Low: 136.4

Continued weakness against BT.A taking the price below 136.4 calculates a ……..

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LSE:CEG Challenger Energy (aka Bahamas Pet) Close Mid-Price: 1.12 Percentage Change: -2.17% Day High: 1.2 Day Low: 1.12

This is showing early potentials but, if above 1.33, then a trigger to 1.5 ……..

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LSE:FRES Fresnillo. Close Mid-Price: 887.6 Percentage Change: + 2.85% Day High: 888.6 Day Low: 872.2

In the event of Fresnillo enjoying further trades beyond 888.6, the share ……..

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LSE:GENL Genel. Close Mid-Price: 158.6 Percentage Change: + 1.28% Day High: 160.6 Day Low: 156

Further movement against Genel ABOVE 160.6 should improve acceleration to ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 380.7 Percentage Change: -2.99% Day High: 397.8 Day Low: 376.4

In the event of Glencore Xstra enjoying further trades beyond 397.8, the ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.4 Percentage Change: + 0.25% Day High: 49.48 Day Low: 49

In the event Lloyds Grp. experiences weakness below 41.35 calculates as l ……..

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LSE:POG Petrop etc. Close Mid-Price: 24.82 Percentage Change: + 1.22% Day High: 25.12 Day Low: 24.36

This is slightly interesting as ^above 25.15 now suggests near term traffi ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 296.8 Percentage Change: + 0.71% Day High: 297.9 Day Low: 293.1

This is getting slightly interesting as above 300p currently suggests comi ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 494.3 Percentage Change: + 0.22% Day High: 495.6 Day Low: 491.1

Further movement against Standard Chartered ABOVE 498 should improve the ……..

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

Will The Hut Group recover?

#Gold #WallSt With considerable disappointment, we came to realise The Hut Group have absolutely nothing to do with garden huts. As we’re currently building a new garden hut, it would have been nice to discover a real synergy with the subject of our report. A visit to their Wikipedia page quickly reveals THG to be a truly impressive organisation, based in Manchester but with sales predominantly outwith our shores.

 

Floated on the LSE just a year ago, the company were excluded from membership of the FTSE 100 due to certain areas of corporate governance. A recent effort to unveil their future strategy to investors saw the market celebrate by plunging their share price from 457p down to 248p over just a couple of sessions. It was not a pretty site but, from our perspective, the drop was incredibly precise from an arithmetic viewpoint, especially as we couldn’t produce any target level below 248p. This, it appeared, was to be regarded as “ultimate bottom” at that time. In the period since, an announcement of a change to their CEO’s so called “golden share”, is regarded as an attempt to regain the confidence of the city and allow the company to apply to join the FTSE100 next year.

If this is indeed the case, we need examine criteria which should justify further price recovery.

Presently trading around 348p, the price need only exceed 370p to promote further movement to an initial 401p. If bettered, we can calculate a secondary at 448p. While the secondary effectively matches the share price highs in the days prior to their fateful fall, any expectation of some hesitation will doubtless prove justified but there’s an important detail worthy of consideration. In the even the share actually closes a session an iota above 448p, a new cycle becomes possible with the potential of 489p in the future, perhaps even an astounding 687p. We shall need revisit price movements, if it ever successfully closes above 448p, just to confirm these numbers.

After all, they’re almost too good.

Hey, chart goes here

As always, our thanks to the folk who find adverts on this page worthy of visiting. It literally buys a daily thank-you coffee.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:08PM BRENT 83.7 Success
10:17:12PM GOLD 1765.12 1759 1747 1729 1771 1777 1780 1783 1765
10:20:34PM FTSE 7202.9 ‘cess
10:22:48PM FRANCE 6675 Success
10:26:00PM GERMANY 15484 ‘cess
10:27:58PM US500 4486.47 ‘cess
10:30:25PM DOW 35257 35137 35053.5 34966 35228 35326 35458 35600 35202
10:32:45PM NASDAQ 15299 Success
10:34:33PM JAPAN 29054 Shambles
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%
12/10/2021 FTSE Closed at 7130 points. Change of -0.22%. Total value traded through LSE was: £ 5,733,075,032 a change of 19.23%
11/10/2021 FTSE Closed at 7146 points. Change of 0.72%. Total value traded through LSE was: £ 4,808,445,394 a change of -16.31%
9/10/2021 FTSE Closed at 7095 points. Change of 0%. Total value traded through LSE was: £ 5,745,415,827 a change of -6.11%

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:BARC Barclays** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:ITM ITM Power** **LSE:RKH Rockhopper** **

********

Updated charts published on : Asos, Barclays, BP PLC, British Telecom, MAN, Fresnillo, Genel, Gulf Keystone, Glencore Xstra, ITM Power, Rockhopper,

LSE:ASC Asos. Close Mid-Price: 2560 Percentage Change: + 6.93% Day High: 2582 Day Low: 2406

Further movement against Asos ABOVE 2582 should improve acceleration towa ……..

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LSE:BARC Barclays. Close Mid-Price: 199.46 Percentage Change: + 0.83% Day High: 200.3 Day Low: 197.36

Target met. Continued trades against BARC with a mid-price ABOVE 200.3 sh ……..

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LSE:BP. BP PLC Close Mid-Price: 361.45 Percentage Change: -0.59% Day High: 366.4 Day Low: 361

Target met. All BP PLC needs are mid-price trades ABOVE 366.4 to improve ……..

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LSE:BT.A British Telecom Close Mid-Price: 137.45 Percentage Change: -2.24% Day High: 141 Day Low: 137.3

Target met. Weakness on British Telecom below 137.3 will invariably lead ……..

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LSE:EMG MAN. Close Mid-Price: 229.2 Percentage Change: + 0.92% Day High: 233 Day Low: 227

In the event of MAN enjoying further trades beyond 233, the share should ……..

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LSE:FRES Fresnillo. Close Mid-Price: 863 Percentage Change: + 2.06% Day High: 874.4 Day Low: 845.6

Continued trades against FRES with a mid-price ABOVE 874.4 should improve ……..

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LSE:GENL Genel Close Mid-Price: 156.6 Percentage Change: -0.76% Day High: 160 Day Low: 155

Target met. Continued trades against GENL with a mid-price ABOVE 160 shou ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 220 Percentage Change: + 1.38% Day High: 224.5 Day Low: 219

Continued trades against GKP with a mid-price ABOVE 224.5 should improve ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 392.45 Percentage Change: + 0.49% Day High: 397.55 Day Low: 391.35

All Glencore Xstra needs are mid-price trades ABOVE 397.55 to improve acc ……..

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LSE:ITM ITM Power. Close Mid-Price: 463.2 Percentage Change: + 2.66% Day High: 474.4 Day Low: 436.8

Continued trades against ITM with a mid-price ABOVE 474.4 should improve ……..

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LSE:RKH Rockhopper. Close Mid-Price: 6.9 Percentage Change: + 6.15% Day High: 6.9 Day Low: 6.28

Target met. Further movement against Rockhopper ABOVE 6.9 should improve ……..

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

BSA, Bank of America & Lloyds Bank also

#Brent #Dax “Why don’t you just buy a classic British motorcycle?” said my wife. We were discussing weight loss and she had a vivid memory of my fitness levels improving, along with sharp loss of weight. Unfortunately, the machine in question was a 1949 AJS 500, a sod of a machine which usually broke down, needing pushed home when I ventured out.

Needless to say, I loved it, even the day I fractured my neck (and still had to push the damaged bike home). Years later, an X-ray revealed the historical damage but I still recall the bang when my helmet touched down first. Perhaps this is a strange way to start writing this weeks banking article and, while it’s tempting to draw analogies with banging ones head off a brick wall, the truth is stranger. Someone emailed asking if we’d take a look at an Australian company called “BSA”. Immediately remembering another British machine which needed pushed, often (A BSA Bantam), any assumption the Australian BSA were a reincarnation of the UK company proved incorrect. They’re a technical services contracting company and their share price is pretty boring at 0.28 AUD. Only if it wanders above 0.4AUD shall it risk becoming useful.

 

Bank of America, unlike BSA, already looks capable of some useful movement. Around a year ago, Warren Buffet bought BoA share price at somewhere around the $24US mark, almost doubling his $2bn investment value while the rest of the world coughs politely in the background. With US earnings season announcements proving positive, we shall be fascinated if the share price wanders above $47. Presently, the share is trading around $46.4, so this isn’t one of these vaguely distant potentials.  Above the trigger calculates with the potential of further growth toward an initial 49.1 with secondary, if bettered, at $51.8 sometime in the future.

We cannot calculate above this level presently as it implies a new high for the price. However, we suspect some hesitation, should $51.8 make itself known. The share price needs diminish below $38 to justify panic.

Hey, chart goes here

Lloyds Bank. Lloyds, yet again did something useful following our previous update. Presently trading around 49.1p, the share price met our recovery scenario and moved, pretty precisely, to our target levels. Now, the situation exists where we can advance another set of circumstances, this time presenting some rather more useful target levels.

Hey, chart goes here

Above just 49.3p currently looks perfectly capable of triggering a nod in the direction of 51.9p. Our secondary, if such a target level exceeded, calculates at 54.7p, pretty close to the pre-pandemic high. Should the share price follow the footsteps of BoA above, some reversal is probable at this level, hopefully short lived. It would be especially nice if Lloyds followed a similar upward trajectory but we’re not inclined to hold our breath!

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
6:47:58PM BRENT 84.49 83.77 83.37 82.92 84.5 84.69 84.835 85.19 84
6:51:41PM GOLD 1767.75 Success
7:08:15PM FTSE 7428.13 ‘cess
7:12:28PM FRANCE 6737 ‘cess
7:15:24PM GERMANY 15611 15462 15417 15352 15537 15612 15655 15727 15569
7:47:29PM US500 4471.77 ‘cess
8:39:23PM DOW 35299.2 Success
8:41:09PM NASDAQ 15144
8:43:53PM JAPAN 29169 Success

 

15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%
12/10/2021 FTSE Closed at 7130 points. Change of -0.22%. Total value traded through LSE was: £ 5,733,075,032 a change of 19.23%
11/10/2021 FTSE Closed at 7146 points. Change of 0.72%. Total value traded through LSE was: £ 4,808,445,394 a change of -16.31%
9/10/2021 FTSE Closed at 7095 points. Change of 0%. Total value traded through LSE was: £ 5,745,415,827 a change of -6.11%
8/10/2021 FTSE Closed at 7095 points. Change of 0.24%. Total value traded through LSE was: £ 6,119,595,465 a change of 8.49%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:NWG Natwest** **LSE:RKH Rockhopper** **LSE:VOD Vodafone** **

********

Updated charts published on : Avacta, BP PLC, British Telecom, Glencore Xstra, Hikma, Natwest, Rockhopper, Vodafone,

LSE:AVCT Avacta. Close Mid-Price: 123.7 Percentage Change: + 1.39% Day High: 129 Day Low: 121.5

Further movement against Avacta ABOVE 129 should improve acceleration tow ……..

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LSE:BP. BP PLC. Close Mid-Price: 363.6 Percentage Change: + 1.65% Day High: 365.2 Day Low: 360.6

Further movement against BP PLC ABOVE 365.2 should improve acceleration t ……..

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LSE:BT.A British Telecom Close Mid-Price: 140.6 Percentage Change: -0.21% Day High: 141.75 Day Low: 138.85

Target met. If British Telecom experiences continued weakness below 138.8 ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 390.55 Percentage Change: + 1.49% Day High: 392.3 Day Low: 387.5

Further movement against Glencore Xstra ABOVE 392.3 should improve accele ……..

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LSE:HIK Hikma Close Mid-Price: 2343 Percentage Change: -1.35% Day High: 2383 Day Low: 2330

This is being a nuisance and I’m inclined to step back and review it from ……..

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LSE:NWG Natwest. Close Mid-Price: 233.9 Percentage Change: + 1.92% Day High: 234.1 Day Low: 230.3

In the event of Natwest enjoying further trades beyond 234.1, the share s ……..

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LSE:RKH Rockhopper. Close Mid-Price: 6.5 Percentage Change: + 4.84% Day High: 6.8 Day Low: 5.9

All Rockhopper needs are mid-price trades ABOVE 6.8 to improve accelerati ……..

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LSE:VOD Vodafone Close Mid-Price: 110.44 Percentage Change: -0.61% Day High: 111.28 Day Low: 109.64

In the event Vodafone experiences weakness below 109.64 it calculates wit ……..

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

FTSE for FRIDAY & Wall St too!

#FTSE #GOLD

There are early signs the market(s) are poised for further recovery/growth. Wall St, the Dow Jones, is a case in point, the index managing to clear the immediate downtrend. If we’re honest, reversals through September felt similar to one of these ridiculous “it has to go down, before it goes up” moments.

The funny thing is, the primary US market has been essentially flatlining since May this year, albeit a flatline with a 1,000 point variance. However, traders were not short of complaints regarding the lack of interesting market activity. The big question we need ask is fairly important; Are there sufficient forces in play to take the market above the flatline? Will we see new all time highs?

The immediate situation suggests near term traffic above 34930 points allows recovery to an initial 35078 points. If bettered, our secondary calculates at a healthy sounding 35401 points. While the visuals indicate the potential of some hesitation at our secondary level, we’re not entirely sold on the idea thanks to how well defined the immediate Blue downtrend has been. Instead, we suspect our secondary shall be exceeded, allowing a Big Picture potential of further growth to a new all time high level of 36130, maybe even higher.

For everything to start going horribly wrong for The Dow, the index needs below 33800 points. At present, nothing threatens such reversal.

Hey, chart goes here

FTSE for FRIDAY The FTSE looks like some gains are possible but once again, we need point out our sense of time is ridiculous! It was to take almost a week until the market made it successfully to our target, achieving a high of 7216 points on Thursday.

Hey, chart goes here

This time around, we remain hopeful for the UK market, the immediate situation suggesting movement above 7216 points should aspire to an initial tame 7230 points. To be fair, we’re inclined to ignore this potential, instead preferring to treat 7230 as a proper trigger level. The tightest stop looks like 7187 points.

Above 7230 currently calculates with the potential of growth to 7262 points. If bettered, our secondary works out at 7330 points. In fact, we can even extrapolate a very possible third level at 7355 points. This third level is liable to become a bit of a problem, impacting the downtrend since 2018.

 

If things intend go wrong, the FTSE needs weaken below 7157 points as this works out with an initial reversal target of 7123. If broken, our secondary is a bit more traumatic at 7070 points and hopefully a bounce, the movement itself being viewed as an attempt to slow down a market which is heating up.

Hey, chart goes here

As always, many thanks to those who find adverts on this page worthy of visiting. It’s like buying 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
9:09:03PM BRENT 83.88 82.87 82.49 83.75 84.17 84.875 83 ‘cess
9:11:02PM GOLD 1796.95 1787 1782 1797 1800 1803.5 1793
9:13:31PM FTSE 7220 7168 7146 7201 7221 7246 7171 Success
9:15:53PM FRANCE 6695.7 6617 6609 6659 6698 6717 6638 Success
9:19:13PM GERMANY 15500.79 15295 15213 15390 15505 15615 15300 Success
9:21:26PM US500 4443.97 4399 4387 4412 4444 4464 4394 Success
9:24:02PM DOW 34961 34458 34355 34606 34961 35001 34840 Success
9:26:17PM NASDAQ 15082.6 14818 14781 14914 15084 15148.25 14903 Success
9:29:20PM JAPAN 28766 28568 28521 28690 28782 28805 28644 Success

 

14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%
12/10/2021 FTSE Closed at 7130 points. Change of -0.22%. Total value traded through LSE was: £ 5,733,075,032 a change of 19.23%
11/10/2021 FTSE Closed at 7146 points. Change of 0.72%. Total value traded through LSE was: £ 4,808,445,394 a change of -16.31%
9/10/2021 FTSE Closed at 7095 points. Change of 0%. Total value traded through LSE was: £ 5,745,415,827 a change of -6.11%
8/10/2021 FTSE Closed at 7095 points. Change of 0.24%. Total value traded through LSE was: £ 6,119,595,465 a change of 8.49%
7/10/2021 FTSE Closed at 7078 points. Change of 1.19%. Total value traded through LSE was: £ 5,640,729,699 a change of -17.12%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:ITM ITM Power** **LSE:RKH Rockhopper** **LSE:ZOL Zoldav** **

********

Updated charts published on : Asos, Avacta, ECO (Atlantic) O & G, MAN, Gulf Keystone, Glencore Xstra, ITM Power, Rockhopper, Zoldav,

LSE:ASC Asos. Close Mid-Price: 2472 Percentage Change: + 7.48% Day High: 2498 Day Low: 2280

In a small update, below 2266 now suggests coming weakness to 1888 with se ……..

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LSE:AVCT Avacta. Close Mid-Price: 122 Percentage Change: + 8.93% Day High: 123.5 Day Low: 112.5

This almost looks ready to be useful as moves above 124 now permit travel ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 30.25 Percentage Change: -3.97% Day High: 33.5 Day Low: 29.75

In the event of ECO (Atlantic) O & G enjoying further trades beyond 33.5, ……..

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LSE:EMG MAN. Close Mid-Price: 225.4 Percentage Change: + 3.30% Day High: 228.4 Day Low: 218.7

Target met. Continued trades against EMG with a mid-price ABOVE 228.4 sho ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 217 Percentage Change: + 2.12% Day High: 221 Day Low: 214.5

In the event of Gulf Keystone enjoying further trades beyond 221, the sha ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 384.8 Percentage Change: + 3.37% Day High: 386.4 Day Low: 377.45

Target met. Continued trades against GLEN with a mid-price ABOVE 386.4 sh ……..

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LSE:ITM ITM Power. Close Mid-Price: 474.8 Percentage Change: + 5.18% Day High: 473.2 Day Low: 452.4

Further movement against ITM Power ABOVE 473.2 should improve acceleratio ……..

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LSE:RKH Rockhopper. Close Mid-Price: 6.2 Percentage Change: + 11.31% Day High: 6.5 Day Low: 6

Above 6.5 currently suggests the potential of movement to an initial 6.9p. ……..

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LSE:ZOL Zoldav Close Mid-Price: 24.5 Percentage Change: -5.77% Day High: 27 Day Low: 24.5

This is looking terrible as below 24 now signals reversal to 17 next. If b ……..

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