Trends And Targets

#BrentFutures #Japan Guilty secrets come in all forms. A personal one was the Harry Potter audio book series, magnificently read by Jim Dale (of Carry On fame!), capable of making time in hospital less tedious. When a client emailed us about Zinnwald Lithium, it struck a chord as surely there was a character with a similar surname in the books.

There wasn’t very similar… It was Grindlewald, mentioned briefly in the final book of the series but the focus of the latest attempt to milk the franchise, “Fantastic Beasts”.

However, the other part of the company name, “Lithium”, still attracted our interest. As someone living in the country, an occasional garden bonfire is needed. Few things spice a bonfire up better than the effect of a completely forgotten lithium battery, when dumping the office bin contents to assist the hedge cuttings igniting. This, recent experience, was rather more than just a little battery from a mobile phone. Instead, it was an 18 volt device which proved, quite energetically, why the warning label about careful disposal exists. Once the thick white smoke dissipated, the garden debris was burning happily but greater care shall be taken in future to avoid such a toxic event. Lithium batteries can be quite exciting.

Perhaps the client who emailed regarding these two companies obviously has an interest in Lithium, hopefully for a saner reason than our own. Even Cornish Metals, a company we reported on in July, also claim interest in the Lithium field. With the availability of battery powered everything nowadays, Lithium, as a key component currently for rechargeable devices, appears to be a buzz word in the mining industry.

Surprisingly, the visuals for Zinnwald don’t live up to our hopes. Presently trading around the 17p mark, the price need only slip below 16.5p to risk provoking reversal to 14.7p next. If broken, our ‘longer term or the next day’ secondary comes with a fairly nasty attachment. While 13.6p may sound fairly innocuous, there’s the potential of real trouble should such a level break as “bottom” calculates down at 8.6p eventually.

 

If looking for hope, the share needs trade above Blue on the chart, presently around 20p. This should prove capable of a cycle toward 26p with secondary, a longer term new all time high potential at 30p. Before becoming too excited, the visuals imply almost certain hesitation around 22.5p, if things start to recover.

Cornish Metals When we analysed Cornish Metals back in July, we’d lots of hope, none of which came to fruition. In the period since, the highest the share has achieved was 15.5p which, given our trigger of 15.2p, was utterly rubbish. About the only saving grace has been the period since. The share eventually triggered our drop level of 13p which had calculated with a drop potential of 9.75p. Instead, the share price opted to bounce just above 10p, perhaps implying some strength is evident?

Presently trading around 13p, the price needs above 14.25 and we shall regard it as growing, potentially toward an initial 15.7p. Our secondary, if bettered, works out at 17.3p with a visual implication, should this level be bettered, for really happy times ahead for the share price. In such a scenario, we will revisit our calculations.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:24:18PM	BRENT	82	80.52	79.825	79.08	81.3	82.06	82.15	82.4	81.5	Exact !
9:26:11PM	GOLD	1759.99
9:31:52PM	FTSE	7073.99									‘cess
9:35:08PM	FRANCE	6561									Success
9:41:07PM	GERMANY	15173
9:47:40PM	US500	4344									Success
9:50:47PM	DOW	34338.7									Success
9:52:57PM	NASDAQ	14665									Success
9:55:18PM	JAPAN	28166	27440	27312	26991	27870	28269	28394	28712	27999

 

5/10/2021 FTSE Closed at 7077 points. Change of 0.94%. Total value traded through LSE was: £ 5,341,866,967 a change of -12.71%

4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

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:BARC Barclays** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:ZOO Zoo Digital** **

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Updated charts published on : AFC Energy, Aston Martin, Asos, Barclays, BP PLC, Carclo, Centrica, Genel, Gulf Keystone, Glencore Xstra, IG Group, ITM Power, Natwest, Parkmead, Zoo Digital,

LSE:AFC AFC Energy Close Mid-Price: 45 Percentage Change: -9.55% Day High: 51 Day Low: 44.5

Target met. Continued weakness against AFC taking the price below 44.5 ca ……..

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LSE:AML Aston Martin Close Mid-Price: 1750.5 Percentage Change: -1.85% Day High: 1802.5 Day Low: 1733

Target met. Weakness on Aston Martin below 1733 will invariably lead to 1 ……..

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LSE:ASC Asos Close Mid-Price: 2875 Percentage Change: -2.38% Day High: 3005 Day Low: 2865

Continued weakness against ASC taking the price below 2865 calculates as ……..

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LSE:BARC Barclays. Close Mid-Price: 194.6 Percentage Change: + 3.91% Day High: 194.94 Day Low: 187.24

Target met. Further movement against Barclays ABOVE 194.94 should improve ……..

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LSE:BP. BP PLC. Close Mid-Price: 350.65 Percentage Change: + 1.80% Day High: 352.6 Day Low: 343.35

Target met. All BP PLC needs are mid-price trades ABOVE 352.6 to improve ……..

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LSE:CAR Carclo. Close Mid-Price: 30.3 Percentage Change: + 0.00% Day High: 31 Day Low: 28.9

If Carclo experiences continued weakness below 28.9, it will invariably l ……..

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LSE:CNA Centrica. Close Mid-Price: 58.76 Percentage Change: + 0.72% Day High: 59.22 Day Low: 58.34

Target met. In the event of Centrica enjoying further trades beyond 59.22 ……..

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LSE:GENL Genel. Close Mid-Price: 153.8 Percentage Change: + 3.22% Day High: 155 Day Low: 145.2

Target met. Further movement against Genel ABOVE 155 should improve accel ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 212.5 Percentage Change: + 3.66% Day High: 215 Day Low: 204.5

Target met. All Gulf Keystone needs are mid-price trades ABOVE 215 to imp ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 367.6 Percentage Change: + 3.55% Day High: 369.05 Day Low: 356.75

Target met. Further movement against Glencore Xstra ABOVE 369.05 should i ……..

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LSE:IGG IG Group Close Mid-Price: 797 Percentage Change: -1.06% Day High: 808 Day Low: 793

Weakness on IG Group below 793 will invariably lead to 767 with secondary ……..

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LSE:ITM ITM Power Close Mid-Price: 386 Percentage Change: -1.73% Day High: 398.6 Day Low: 380.4

Continued weakness against ITM taking the price below 380.4 calculates as ……..

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LSE:NWG Natwest. Close Mid-Price: 229.8 Percentage Change: + 3.05% Day High: 229.9 Day Low: 224.4

Target met. All Natwest needs are mid-price trades ABOVE 229.9 to improve ……..

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LSE:PMG Parkmead. Close Mid-Price: 60.9 Percentage Change: + 4.10% Day High: 62 Day Low: 59.8

Continued trades against PMG with a mid-price ABOVE 62 should improve the ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 117 Percentage Change: -1.27% Day High: 118.5 Day Low: 117

If Zoo Digital experiences continued weakness below 117, it will invariab ……..

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

#Gold #Nasdaq

With Brent Crude hitting the $81 level, once again a bunch of folk were anticipating major oil shares to do something special. Once again, major oil shares tended not respond. It’s worth remembering when Brent Crude attempted the $130 level, BP shares dithered below the 5 quid level. The concept of a link between the price of crude and oil company shares appears illusory, mostly.

If we choose to look at Tullow, during 2013 the price of Brent Crude was pretty stable around the $120 mark. Tullow, alas, was trading initially at 1200p and now, with Brent at $81, Tullow ‘enjoy’ a share price down at just 52p. As the chart below illustrates, the last decade has not been kind to Tullow but, in fairness, there are early signs something may be changing for the better.

The immediate situation seems pretty straightforward with movement above 52.6 hinting at the prospect of some growth toward an initial 56.7p. While conceding this target is about as interesting as a Scottish weather forecast (always rain, obviously…) the secondary ambition gives some hope for the longer term as it’s at 68.7p. The effect of the secondary, despite any hesitation which shall probably occur should it appear, is the price will illustrate a “higher high”. This could prove quite a big deal, bettered the high prior to the break of the Blue downtrend. This has the potential for some Big Picture impetus to make itself known, calculating with a long term cycle commencing to an eventual 125p as a serious point of interest eventually.

Unfortunately, such a movement will be of little solace to the folk who convinced themselves, during the 4 years until the end of 2019, that Tullow “obviously” had a floor level around 200p, something which could be relied upon. The lesson learned was painful, essentially confirming the maxim of “If it ain’t goin’ up, it’s goin’ down…”

For the present, Tullow needs slip below 39p to cause panic. In such a scenario, we can calculate a bottom of 22p. Unfortunately, that’s also the point where we run out of numbers as every result is tainted with a minus sign thereafter.

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:54:01PM	BRENT	80.72									Success
9:55:55PM	GOLD	1769.39	1747	1741	1731	1763	1771	1775	1779	1761	Shambles
10:17:57PM	FTSE	7036.29
10:20:53PM	FRANCE	6493.8									‘cess
10:23:13PM	GERMANY	15084.97									‘cess
10:25:51PM	US500	4304									Success
10:29:50PM	DOW	34016.5									‘cess
10:33:49PM	NASDAQ	14497	14380	14247	14218	14509	14506	14540.5	14594	14405	‘cess
10:37:12PM	JAPAN	27853									Success

 

4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:RMG Royal Mail** **LSE:SPX Spirax** **LSE:SRP Serco** **

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Updated charts published on : AFC Energy, Aston Martin, BP PLC, British Telecom, Cellular Goods, Centrica, Glencore Xstra, British Airways, Intertek, Royal Mail, Spirax, Serco,

LSE:AFC AFC Energy Close Mid-Price: 49.75 Percentage Change: -5.24% Day High: 52.5 Day Low: 48.75

Weakness on AFC Energy below 48.75 will invariably lead to 46 with second ……..

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LSE:AML Aston Martin Close Mid-Price: 1783.5 Percentage Change: -2.51% Day High: 1841 Day Low: 1784.5

Target met. If Aston Martin experiences continued weakness below 1784.5, ……..

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LSE:BP. BP PLC. Close Mid-Price: 344.45 Percentage Change: + 1.92% Day High: 347.75 Day Low: 337.3

Further movement against BP PLC ABOVE 347.75 should improve acceleration ……..

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LSE:BT.A British Telecom Close Mid-Price: 151.45 Percentage Change: -4.66% Day High: 153 Day Low: 146.35

Target met. If British Telecom experiences continued weakness below 146.3 ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 7.9 Percentage Change: + 12.86% Day High: 8.38 Day Low: 7.3

In the event of Cellular Goods enjoying further trades beyond 8.4, the sh ……..

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LSE:CNA Centrica. Close Mid-Price: 58.34 Percentage Change: + 1.07% Day High: 58.56 Day Low: 57.56

Target met. Further movement against Centrica ABOVE 58.56 should improve ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 355 Percentage Change: + 1.23% Day High: 360.65 Day Low: 349.8

Continued trades against GLEN with a mid-price ABOVE 360.65 should improv ……..

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LSE:IAG British Airways Close Mid-Price: 187.9 Percentage Change: -0.06% Day High: 193.7 Day Low: 186.74

Target met. All British Airways needs are mid-price trades ABOVE 193.7 t ……..

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LSE:ITRK Intertek Close Mid-Price: 4795 Percentage Change: -1.48% Day High: 4903 Day Low: 4796

Target met. If Intertek experiences continued weakness below 4796, it wil ……..

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LSE:RMG Royal Mail Close Mid-Price: 407 Percentage Change: -2.30% Day High: 416.3 Day Low: 407.1

If Royal Mail experiences continued weakness below 407.1, it will invaria ……..

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LSE:SPX Spirax Close Mid-Price: 14575 Percentage Change: -1.29% Day High: 14865 Day Low: 14530

Target met. In the event Spirax experiences weakness below 14530 it calcu ……..

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LSE:SRP Serco Close Mid-Price: 130.6 Percentage Change: -1.36% Day High: 133.1 Day Low: 130

If Serco experiences continued weakness below 130, it will invariably lea ……..

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

#Brent #DAX Sometimes it feels like the market is deliberately spiteful. Three weeks ago, we opted to restrict our Barclays coverage to a single sentence, demanding the price needed go below 174p for concern. Ten days later, it teased by bouncing from 174.26p, crucially not breaking the trigger, and doing very little since. Given the care taken by the market to avoid the 174p level, it appears certain our sums were correct.

While below 174p remains problematic, still pointing at a bottom of 167p with secondary, if broken, down at 155p, we’re inclined toward some hope.

Firstly, the price is trading above its pre-pandemic high.

Secondly, the price is trading above the downtrend since 2013.

Third, it very studiously failed to break our drop trigger level. So, it’s officially fingers crossed time!

 

Presently trading around 188p, the share only need better 192p to trigger gains in the direction of 198.7p. If bettered, our secondary (longer term or within a day or two!) calculates at 216p. The important thing about such a movement is it places the price firmly in a region where 240p becomes a Big Picture point of interest.

China Yuan vs UK Sterling We’ve never covered this before and a glance at the pairings behaviour since 2016 probably explains why. In terms of currency relationships, the picture is pretty calm and boring, stability doubtless a good thing given the quantity bought from China. There are early signs illustrating the potential for coming weakness, essentially suggesting traffic below 8.73 risks GBP weakening down to 8.50. If broken, as looks possible, our secondary (and hopefully bouncy bottom) calculates at 8.09.

 

While we suspect weakness to be coming, there’s a fairly straightforward test required to ‘prove’ if the GB Pound is strengthening against the Yuan. At time of writing, the pair is around 8.735, needing above just 9.06 to trigger movement to an initial 9.253. Our secondary for the longer term, if bettered, works out at 9.620.

Our never-ending thanks to the folk who find adverts on this page worthy of a visit. I am told my wife is using the coffee fund to also buy dog treats!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
12:48:34PM	BRENT	79.16	77.51	77.1	76.36	78.75	79.31	79.605	80.64	77.85
12:50:27PM	GOLD	1760.97
12:52:34PM	FTSE	7065.31									‘cess
12:54:33PM	FRANCE	6540.5									‘cess
12:56:53PM	GERMANY	15247	15053	15016	14931	15178	15275	15374	15506	15104
12:59:22PM	US500	4353									‘cess
1:02:26PM	DOW	34296									‘cess
1:04:23PM	NASDAQ	14771									‘cess
1:06:41PM	JAPAN	29043									Success

 

 

1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%

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:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:ITRK Intertek** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:VOD Vodafone** **

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Updated charts published on : Asos, Aviva, BALFOUR BEATTY, Barrett Devs, Cellular Goods, Foxtons, Genel, Intertek, Polymetal, Royal Mail, Speedyhire, Spirax, Vodafone,

LSE:ASC Asos Close Mid-Price: 2965 Percentage Change: -1.23% Day High: 2980 Day Low: 2911

Weakness on Asos below 2911 will invariably lead to 2630 with secondary, ……..

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LSE:AV. Aviva Close Mid-Price: 393.8 Percentage Change: -0.53% Day High: 396.2 Day Low: 387.4

Continued weakness against AV. taking the price below 387.4 calculates as ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 272.8 Percentage Change: + 0.66% Day High: 274.8 Day Low: 266.4

Target met. If BALFOUR BEATTY experiences continued weakness below 266.4, ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 654 Percentage Change: -0.97% Day High: 656 Day Low: 643.6

Target met. Continued weakness against BDEV taking the price below 643.6 ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 7 Percentage Change: + 4.79% Day High: 7.9 Day Low: 6.6

Continued trades against CBX with a mid-price ABOVE 7.9 should improve th ……..

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LSE:FOXT Foxtons Close Mid-Price: 49.9 Percentage Change: -0.20% Day High: 49.95 Day Low: 47.15

Target met. Weakness on Foxtons below 47.15 will invariably lead to 44.5 ……..

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LSE:GENL Genel. Close Mid-Price: 148.8 Percentage Change: + 4.49% Day High: 149.6 Day Low: 138

All Genel needs are mid-price trades ABOVE 149.6 to improve acceleration ……..

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LSE:ITRK Intertek Close Mid-Price: 4867 Percentage Change: -2.21% Day High: 4921 Day Low: 4845

In the event Intertek experiences weakness below 4845 it calculates with ……..

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LSE:POLY Polymetal Close Mid-Price: 1228 Percentage Change: -2.38% Day High: 1260 Day Low: 1226

Continued weakness against POLY taking the price below 1226 calculates as ……..

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LSE:RMG Royal Mail Close Mid-Price: 416.6 Percentage Change: -1.09% Day High: 425.2 Day Low: 414.3

Continued weakness against RMG taking the price below 414.3 calculates as ……..

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LSE:SDY Speedyhire Close Mid-Price: 63.1 Percentage Change: -0.79% Day High: 64.1 Day Low: 62.9

In the event Speedyhire experiences weakness below 62.9 it calculates wit ……..

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LSE:SPX Spirax Close Mid-Price: 14765 Percentage Change: -1.37% Day High: 15010 Day Low: 14660

Weakness on Spirax below 14660 will invariably lead to 14620p with second ……..

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LSE:VOD Vodafone Close Mid-Price: 112.2 Percentage Change: -0.97% Day High: 113.34 Day Low: 111.7

Target met. Continued weakness against VOD taking the price below 111.7 c ……..

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

#FTSE #WallSt & Fiskars

Some extraordinary levels of customer service drew Fiskars to our attention. We’d never heard of them, despite the company being around 500 years old. While relative newbies compared to Aberdeen Harbour (nearly 1,000 years), the company own Gerber***, makers of the fantastic multi-tool which seems to last forever.

Except, my own Gerber experienced a snap on the narrow screwdriver head. The tool was about 15 years old, my ‘goto’ device when literally doing anything but the challenge of an electric component proved a step too far. I’d often wondered just what could make a Gerber fail as, utterly aghast at it being the screws holding a plug socket together. Someone suggested contacting the supplier, probably in an effort to stop my moans, and tongue in cheek, I did so. Admitted the receipt for the 89 quid tool was long gone, asking if they operated a repair operation or could supply spare parts was a reasonable approach. It transpired Gerber tools have a 25 year warranty and all that was required was a photograph of the calamity, so they could consider my case.

This was on Wednesday and a photograph was emailed on Thursday. Later in the day, they again emailed, telling to expect a free replacement in a few days! And to just hang onto the old Gerber.

Obviously, deciding to check out the company more fully led to the discovery of their owner, Fiskars Group, a company from Finland with a listing on London, priced in Euro’s. Expecting the price to be soaring, it was a mild surprise to note it’s currently in a slight reversal cycle. Presently trading around 19€, it appears weakness below 18.9 risks reversal to an initial 17.44€ with a pretty strong argument favouring a bounce. Should the 17.44 level break, eventual bottom calculates down at 14€ and we’d suggest it worth watching for a real bounce.

While our experience with their customer service risks our attitude being rose tinted, the converse scenario allows movement above 20€ to point at recovery to an initial 22€. If bettered, a fascinating longer term cycle to an eventual 31€ looks extremely possible. Hopefully it shall not take another 500 years!

***Do not confuse Gerber multi-tools with junk copies sold in petrol stations or found in Xmas crackers.

FTSE for Friday (FTSE:UKX) This week has been fascinating with the FTSE. In North America, and to a lesser degree, Europe, stock markets are proving quite volatile. Whether it’s a Covid-19 thing or, more possibly, related to China Evergrande again missing bond payments, watching the FTSE somehow managing to avoid slavishly follow the rest of the world proved a welcome relief. It almost makes us wonder if the UK markets position now means everything is ‘factored in’ and we’re at a level where some positive thought can be allowed. When we started our report on the FTSE last week, providing a confident attitude was a truly unusual experience. Despite other markets experience 2%+ down days, the FTSE maintained a stiff upper lip and a positive attitude remains available for the start of October.

Our favoured cliche, “if it ain’t going down, it’s going up” shall hopefully come into play anytime soon.

Near term, movements above 7143 look capable of triggering FTSE travel to an initial 7185 points. In the event London manages above 7185 points, things start to get interesting pretty fast as our secondary calculates at 7265 points. An ambition such as this secondary risks being ‘game changing’ for the longer term, presenting an official higher high and again giving considerable hope the market is breaking free of the hiatus which has been 2021.

 

The flip side of the coin comes, should London find sufficient excuse to wither below 7072 points. This scenario calculates with the potential of weakness to an initial 7053 points. If broken, our secondary works out at 7006 points.

Have a good weekend. Me, I’m planning the funeral for a posh set of pliers, my old Gerber.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:49:46PM	BRENT	78.33	76.5	75.93		78.04	79.28	79.53		77.85	Shambles
10:51:35PM	GOLD	1757.2	1722	1720		1741	1765	1770		1743	Success
10:53:58PM	FTSE	7078.83	7047	7021		7104	7105	7124		7053
10:56:01PM	FRANCE	6503.5	6488	6454.5		6533	6565	6572		6527	Success
10:57:52PM	GERMANY	15242	15193	15125.5		15319	15350	15377.5		15230
11:01:10PM	US500	4311.22	4302	4282.5		4365	4365	4378		4345	Shambles
11:04:18PM	DOW	33901	33822	33658		34170	34324	34374		34058
11:06:37PM	NASDAQ	14716	14683	14576		14850	14897	14932		14785	‘cess
11:08:59PM	JAPAN	29324	29248	29168.5		29413	29585	29617		29455	Success

30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%

22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:IAG British Airways** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:PHP Primary Health** **LSE:RBD Reabold Resources PLC** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:VEC Vectura** **

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Updated charts published on : Asos, Barclays, Barrett Devs, Cellular Goods, Centrica, 4D Pharma, Diageo, Foxtons, Genel, British Airways, National Glib, Omega Diags, Primary Health, Reabold Resources PLC, Royal Mail, Speedyhire, Spirax, Vectura,

LSE:ASC Asos Close Mid-Price: 3002 Percentage Change: -7.43% Day High: 3219 Day Low: 2967

If Asos experiences continued weakness below 2967, it will invariably lea ……..

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LSE:BARC Barclays. Close Mid-Price: 189.6 Percentage Change: + 0.97% Day High: 191.38 Day Low: 188.46

Continued trades against BARC with a mid-price ABOVE 191.38 should improv ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 660.4 Percentage Change: -1.46% Day High: 660.8 Day Low: 646.4

Weakness on Barrett Devs below 646.4 will invariably lead to 643 with sec ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 6.68 Percentage Change: + 13.22% Day High: 6.95 Day Low: 5.88

All Cellular Goods needs are mid-price trades ABOVE 7 to improve accelera ……..

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LSE:CNA Centrica. Close Mid-Price: 56.68 Percentage Change: + 0.64% Day High: 57.16 Day Low: 56.36

Continued trades against CNA with a mid-price ABOVE 57.16 should improve ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 60.4 Percentage Change: -0.33% Day High: 64 Day Low: 56

Target met. In the event 4D Pharma experiences weakness below 56 it calcu ……..

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LSE:DGE Diageo. Close Mid-Price: 3606 Percentage Change: + 1.25% Day High: 3666 Day Low: 3591.5

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LSE:FOXT Foxtons Close Mid-Price: 50 Percentage Change: -1.77% Day High: 51 Day Low: 49.05

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LSE:GENL Genel. Close Mid-Price: 142.4 Percentage Change: + 1.57% Day High: 145.2 Day Low: 138.6

Continued trades against GENL with a mid-price ABOVE 145.2 should improve ……..

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LSE:IAG British Airways Close Mid-Price: 178.5 Percentage Change: -4.38% Day High: 188.2 Day Low: 177.3

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LSE:NG. National Glib Close Mid-Price: 884.6 Percentage Change: -1.53% Day High: 903.6 Day Low: 883.8

Target met. In the event National Glib experiences weakness below 883.8 i ……..

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LSE:ODX Omega Diags Close Mid-Price: 45 Percentage Change: -4.26% Day High: 47 Day Low: 44.5

If Omega Diags experiences continued weakness below 44.5, it will invaria ……..

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LSE:PHP Primary Health Close Mid-Price: 150.9 Percentage Change: -0.40% Day High: 153.2 Day Low: 150.7

Target met. In the event Primary Health experiences weakness below 150.7 ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.16 Percentage Change: -15.79% Day High: 0.2 Day Low: 0.16

Target met. In the event Reabold Resources PLC experiences weakness below ……..

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LSE:RMG Royal Mail Close Mid-Price: 421.2 Percentage Change: -3.62% Day High: 448.7 Day Low: 417.2

Target met. Weakness on Royal Mail below 417.2 will invariably lead to 38 ……..

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LSE:SDY Speedyhire Close Mid-Price: 63.6 Percentage Change: -1.55% Day High: 65.9 Day Low: 63.6

Weakness on Speedyhire below 63.6 will invariably lead to 55 is ever pres ……..

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LSE:SPX Spirax Close Mid-Price: 14970 Percentage Change: -0.50% Day High: 15265 Day Low: 14925

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LSE:VEC Vectura Close Mid-Price: 164.6 Percentage Change: -0.24% Day High: 170.4 Day Low: 164.8

Continued trades against VEC with a mid-price ABOVE 170.4 should improve ……..

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

#CAC40 #DOW News of the death of an old friend produced surprise levels of personal indifference. I hadn’t known he was ill, lost track of him totally, and hadn’t thought of him for years. Yet we were once good friends, socialising together, skiing every weekend in Scotland, driving down to France for ski breaks at the drop of a hat. The problem had been my signature as guarantor for an overdraft, similar to how Amigo operate for loans.

 

Long story short, the bloke was better at spending money from his business than making it. But, as is said, he “talked a good game” and when everything came home to roost, his bank manager (very apologetically, it must be said) reminded of the document I’d signed a couple of years previously and could they be repaid a five figure sum. The culprit, now officially bankrupt, repeatedly promised repayment of my loss, once he got himself sorted. Years passed, we kept in touch, he was making a success of a new career and visibly doing well. When I asked when he would start repaying my loss, he effectively vanished (in a fully restored, original Lotus Elan) and I never saw him again.

To be honest, roughly once a year, I’d make a small effort to track him down and drop a line, reminding him of his firm promise. He’d immediately leave whatever job he was doing and vanish again. Eventually, the exercise became boring and the memory slipped away. News of his recent death, at best, provoked a shrug. By going guarantor for him 20+ years ago, events since taught of the dangers of being ‘the good guy’. In fact, the only time in recent years the memory resurfaced was when Amigo were advertising on telly; “Yes, we’ll give you the money. Just get a guarantor…”

 

When we previously reviewed Amigo, our demand was the share price exceed 30p as this should provoke some upward travel. Needless to say, the price utterly failed in reaching this trigger level, instead falling into the depths of despair. Our “ultimate bottom” calculation works out at 5p, a number which has remained untroubled. Perhaps some hope remains for share price gains.

The immediate situation allows movement above 14.1p to trigger price recovery to an initial 16.1p. As the chart shows, this implies a donk against the ruling downtrend in Blue, a line dating back to 2019. If bettered, our secondary works out at 19.4p. While the visuals suggest such growth could become game changing, we shall only take an interest if the price somehow manages to close a session above 19p. A scenario such as this will require a fast revisit to our numbers as there’s becomes the “threat” of the share making some truly irrational gains.

Our thanks to those who find adverts sufficiently interesting to visit. It literally buys us a coffee, daily.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:42:28PM	BRENT	77.93
9:44:15PM	GOLD	1726.11
9:46:51PM	FTSE	7107.89									‘cess
9:48:50PM	FRANCE	6551	6534	6524	6502	6564	6590	6600	6622	6560
9:50:39PM	GERMANY	15363
9:52:20PM	US500	4368.52
9:54:26PM	DOW	34454	34294	34242.5	34128	34470	34586	34659	34790	34416	Shambles
10:03:18PM	NASDAQ	14777									Shambles
10:05:33PM	JAPAN	29725									Success

 

29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%

28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%

22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%

21/09/2021 FTSE Closed at 6980 points. Change of 1.12%. Total value traded through LSE was: £ 6,290,005,050 a change of -2.8%

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:DDDD 4D Pharma** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:MKS Marks and Spencer** **LSE:MRW Morrisons** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **

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Updated charts published on : 4D Pharma, Genel, Glencore Xstra, British Airways, Marks and Spencer, Morrisons, National Glib, Natwest, Polymetal, Reabold Resources PLC, Royal Mail, Speedyhire,

LSE:DDDD 4D Pharma Close Mid-Price: 60.6 Percentage Change: -5.31% Day High: 63.8 Day Low: 59.9

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LSE:GENL Genel. Close Mid-Price: 140.2 Percentage Change: + 7.35% Day High: 139.8 Day Low: 128

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LSE:GLEN Glencore Xstra. Close Mid-Price: 347.8 Percentage Change: + 1.03% Day High: 352 Day Low: 342.85

Target met. In the event of Glencore Xstra enjoying further trades beyond ……..

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LSE:IAG British Airways. Close Mid-Price: 186.68 Percentage Change: + 2.57% Day High: 186.5 Day Low: 182.08

Further movement against British Airways ABOVE 186.5 should improve acce ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 190.5 Percentage Change: + 0.53% Day High: 194.75 Day Low: 188.75

Target met. In the event of Marks and Spencer enjoying further trades bey ……..

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LSE:MRW Morrisons. Close Mid-Price: 296 Percentage Change: + 1.37% Day High: 297 Day Low: 291.6

Continued trades against MRW with a mid-price ABOVE 297 should improve th ……..

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LSE:NG. National Glib. Close Mid-Price: 898.3 Percentage Change: + 0.34% Day High: 902.7 Day Low: 889.9

Weakness on National Glib below 889.9 will invariably lead to 887 with se ……..

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LSE:NWG Natwest. Close Mid-Price: 224.5 Percentage Change: + 1.54% Day High: 225.5 Day Low: 220.8

Target met. In the event of Natwest enjoying further trades beyond 225.5, ……..

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LSE:POLY Polymetal Close Mid-Price: 1233 Percentage Change: -1.64% Day High: 1272.5 Day Low: 1230.5

In the event Polymetal experiences weakness below 1230.5 it calculates wi ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.19 Percentage Change: -7.32% Day High: 0.2 Day Low: 0.19

Continued weakness against RBD taking the price below 0.19 calculates as ……..

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LSE:RMG Royal Mail Close Mid-Price: 437 Percentage Change: -8.81% Day High: 461 Day Low: 436.3

Target met. In the event Royal Mail experiences weakness below 436.3 it c ……..

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LSE:SDY Speedyhire Close Mid-Price: 64.6 Percentage Change: -2.12% Day High: 66.9 Day Low: 65

If Speedyhire experiences continued weakness below 65, it will invariably ……..

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

#FTSE #WallSt We tend make a mental correlation between the price of Brent Crude and the success of oil company shares. It’s perhaps worth remembering, when Brent Crude was touching $130 back in 2012, BP was trading around 490p. Currently at 336p, we’re far from convinced the current surge in energy prices shall prove to force a significant effect on BP’s share price. Realistically, since the company share was given a sound thrashing, due to the Gulf of Mexico leak, it has often felt the 500p level has been designated as BP’s natural level!

Over the years since, any attempt at a solid upward break beyond 500p has tended to end in tears. And presently, despite petrol retail doubtless being a minor part of corporate activities, the market shall probably not be terribly amused with closed filling stations. These are, after all, the companies shop window and surely questions will be asked about a supply network incapable of supplying itself. Despite all the faux Brexit drama, the current situation should not have come as a surprise? We would expect the corporate types would have realised fuel demand would increase, with lockdown easing and people grudgingly returning to work in offices. Doubtless, in real life, employees will be more concerned with ensuring someone else is to blame with an obscene corporate parody of ‘Yes, Minister’.
Unfortunately, we’ve considerable historical personal experience with BP retail (and fond memories of some brilliant staff) and were not surprised at the situation. But were slightly impressed with the availability of professional “Pumps Closed, the team are urgently addressing the situation” signs across forecourts. It’s a welcome change from the traditional sheet of A4 paper and tape, a black felt pen scrawled word “Empty” on each pump.

For now, the immediate visuals on BP certainly justify some hope for some gains in the share price. On Tuesday, the company closed at the highest level of this year, giving a faint chance the price intends a cycle toward its high, pre-pandemic. Such an ambition demands a plan to grow to 450p. At time of writing, the share is trading around 336p, needing above just 344p to aim for near term movement to a boring 352p. To be honest, we’re probably wiser, if we treat 352p as a real trigger level. Above this point calculates with the chance of an initial 382p.
Such a level is pretty crucial, returning BP’s share price above the thick Red trend line which dates back 30 years.
Our longer term secondary is a big less confident, thanks to the circled gap throwing a spanner in our calculations. Depending on how we treat this manipulation gap, it works out at 430p but, could easily prove to be 455p. For this reason, we really dislike price gaps such as this as they define a period where there was no trading, yet the value of the share changed. Over the years, we’ve discovered the easiest way to manage the vagueness is to be honest, it being pretty difficult to extrapolate numbers from literally nothing!
For everything to go wrong, BP needs close a session below 318p. Movement such as this would require us to stir the tea leaves, quite sternly, again.

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:32:58PM	BRENT	77.57									Success
10:41:36PM	GOLD	1734.29									Success
10:44:30PM	FTSE	7029.77	7007	6991	6944	7050	7052	7087	7138	7007	‘cess
10:47:19PM	FRANCE	6510.5									Success
10:50:24PM	GERMANY	15300									Success
10:53:19PM	US500	4357.57									Success
10:56:54PM	DOW	34336	34250	34095	33721	34455	34576	34656	34792	34390	Success
10:59:34PM	NASDAQ	14774									Success
11:03:31PM	JAPAN	29708									Success

Success
28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%

22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%

21/09/2021 FTSE Closed at 6980 points. Change of 1.12%. Total value traded through LSE was: £ 6,290,005,050 a change of -2.8%

20/09/2021 FTSE Closed at 6903 points. Change of -0.86%. Total value traded through LSE was: £ 6,471,386,958 a change of -56.78%

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:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:POLY Polymetal** **LSE:SPX Spirax** **

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Updated charts published on : BALFOUR BEATTY, Barrett Devs, BP PLC, Carclo, Capita, Gulf Keystone, Glencore Xstra, Hurrican Energy, IG Group, Intertek, National Glib, Natwest, Primary Health, Parkmead, Polymetal, Spirax,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 272.2 Percentage Change: -1.45% Day High: 284.2 Day Low: 271.8

Target met. In the event BALFOUR BEATTY experiences weakness below 271.8 ……..
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LSE:BDEV Barrett Devs Close Mid-Price: 666.2 Percentage Change: -2.74% Day High: 687 Day Low: 664.8

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LSE:BP. BP PLC. Close Mid-Price: 336.6 Percentage Change: + 1.60% Day High: 343.5 Day Low: 332.05

Target met. In the event of BP PLC enjoying further trades beyond 343.5, ……..
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LSE:CAR Carclo Close Mid-Price: 30.5 Percentage Change: -8.96% Day High: 33.5 Day Low: 30

Target met. In the event Carclo experiences weakness below 30 it calculat ……..
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LSE:CPI Capita Close Mid-Price: 52.24 Percentage Change: -1.06% Day High: 55.98 Day Low: 52.32

All Capita needs are mid-price trades ABOVE 55.98 to improve acceleration ……..
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LSE:GKP Gulf Keystone Close Mid-Price: 197.8 Percentage Change: -3.51% Day High: 211 Day Low: 197.6

Continued trades against GKP with a mid-price ABOVE 211 should improve th ……..
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LSE:GLEN Glencore Xstra. Close Mid-Price: 344.25 Percentage Change: + 2.29% Day High: 345.75 Day Low: 336.45

All Glencore Xstra needs are mid-price trades ABOVE 345.75 to improve acc ……..
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LSE:HUR Hurrican Energy. Close Mid-Price: 4.65 Percentage Change: + 17.72% Day High: 5.09 Day Low: 3.92

Target met. In the event of Hurrican Energy enjoying further trades beyon ……..
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LSE:IGG IG Group Close Mid-Price: 797.5 Percentage Change: -1.66% Day High: 812.5 Day Low: 794

In the event IG Group experiences weakness below 794 it calculates with a ……..
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LSE:ITRK Intertek Close Mid-Price: 4920 Percentage Change: -1.11% Day High: 4966 Day Low: 4851

Continued weakness against ITRK taking the price below 4851 calculates as ……..
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LSE:NG. National Glib Close Mid-Price: 895.3 Percentage Change: -1.50% Day High: 906.3 Day Low: 891.1

If National Glib experiences continued weakness below 891.1, it will inva ……..
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LSE:NWG Natwest. Close Mid-Price: 221.1 Percentage Change: + 0.18% Day High: 223.5 Day Low: 218.4

Further movement against Natwest ABOVE 223.5 should improve acceleration ……..
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LSE:PHP Primary Health Close Mid-Price: 153.7 Percentage Change: -1.79% Day High: 157 Day Low: 152.5

Weakness on Primary Health below 152. will invariably lead to 150.5 initi ……..
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LSE:PMG Parkmead. Close Mid-Price: 59 Percentage Change: + 5.36% Day High: 61.8 Day Low: 55.6

Target met. Further movement against Parkmead ABOVE 61.8 should improve a ……..
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LSE:POLY Polymetal Close Mid-Price: 1253.5 Percentage Change: -1.92% Day High: 1277.5 Day Low: 1241.5

Target met. Weakness on Polymetal below 1241.5 will invariably lead to 12 ……..
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LSE:SPX Spirax Close Mid-Price: 15115 Percentage Change: -1.63% Day High: 15390 Day Low: 14950

If Spirax experiences continued weakness below 14950, it will invariably ……..
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*** End of “Updated Today” comments on shares.

#Gold #SP500 Optimism, we suspect, may be allowed here! We previously reviewed David Beckham backed Cellular Goods in March, a few days after they launched, bringing the first listing of a cannabinoid company to the London Exchange. In the period since, the share tanked from its initial highs and languished. The company website, far from being informative and encouraging, remained a boring ‘Black & White’ affair. Prior to producing this article, we again visited the website this morning, discovering nothing had changed. However…

A final glance this evening, intending to take a spiteful screenshot of their logo, changed everything. The Cellular Goods website has been updated, the presentation literally improving as the evening went on. As can be seen below, their new logo makes some sense.

It’s probably safe to assume something important is about to happen with the company. If so, we’re slightly interested as the low of today (Monday) has the potential to present itself as a logical bounce point. Additionally, we’d marked September as the time for a second look at the share price, due to us believing a change to Govt rules regarding cannabinoid (what a clumsy word; “android cannibals in wheely bins”?) products was also due at the end of this month. Of course, now when we search, we cannot find reference to an impending UK rule change. Regardless, there seems little doubt the company are preparing to go live, thus hopefully giving reason to provoke some share price activity.

We should emphasise, by our normal logic, the share price is trading in a region where The Big Picture legislates against us calculating any realistic ‘ultimate bottom’. Instead, we’re forced to speculate on key trigger levels, should the price start recovery. Visually, the biggie will come, should the share ever exceed 27.5p (or CLOSE above 19p), the high on the day of launch. By viewing transatlantic behaviour for shares vaguely in this field, this is apparently the point where it becomes “safe” for the longer term as truly amazing potentials make themselves known.

For the present, we shall be interested at any bounce capable of exceeding just 6.25p as this calculates with the potential of a move to 7p. While perhaps not the most exciting scenario on the market, above the 7p level works out as useful, giving a future 9.1p as a possible point of hesitation. Should the price discover a reason to close above 9.1p, it becomes probable some real strength is making an early showing. Also worth remembering is the “star quality” of the company backer, Mr Beckham. It’s easy to suspect a frenzy could develop for the share price, perhaps on the basis of his expertise in investment or more probably, plugging the companies products on telly.

This one has the potential to become fascinating. Alas, the share price needs start going up first as it’s in a zone where we must emphasise we cannot calculate any logical bottom!

Yet again, our thanks to those who keep us in “free” coffee, when they find an advert on this page worth looking at.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:25:12PM	BRENT	78.69									Success
10:27:07PM	GOLD	1750.25	1747	1742	1736	1757	1760	1767	1776	1747
10:29:01PM	FTSE	7072.31
10:30:58PM	FRANCE	6659									Success
10:35:45PM	GERMANY	15596									Shambles
10:37:30PM	US500	4440	4435	4423.5	4404	4456	4460	4468	4479	4435
10:40:20PM	DOW	34868									‘cess
10:42:44PM	NASDAQ	15187									‘cess
10:44:41PM	JAPAN	30216									Success

27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%

24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%

23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%

22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%

21/09/2021 FTSE Closed at 6980 points. Change of 1.12%. Total value traded through LSE was: £ 6,290,005,050 a change of -2.8%

20/09/2021 FTSE Closed at 6903 points. Change of -0.86%. Total value traded through LSE was: £ 6,471,386,958 a change of -56.78%

17/09/2021 FTSE Closed at 6963 points. Change of -0.91%. Total value traded through LSE was: £ 14,974,489,872 a change of 149%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **

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Updated charts published on : Barclays, BALFOUR BEATTY, BP PLC, Carclo, Caspian, Cellular Goods, Carnival, Centrica, Capita, 4D Pharma, EasyJet, Gulf Keystone, Hargreaves Lansdown, Hurrican Energy, British Airways, Intertek, Marks and Spencer, Natwest, Polymetal, Rolls Royce,

LSE:BARC Barclays. Close Mid-Price: 187.78 Percentage Change: + 2.20% Day High: 188.16 Day Low: 184.62

In the event of Barclays enjoying further trades beyond 188.16, the share ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 276.2 Percentage Change: + 1.17% Day High: 278.6 Day Low: 273.6

Continued weakness against BBY taking the price below 273.6 calculates as ……..

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LSE:BP. BP PLC. Close Mid-Price: 331.3 Percentage Change: + 3.47% Day High: 331.35 Day Low: 323.85

Continued trades against BP. with a mid-price ABOVE 331.35 should improve ……..

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LSE:CAR Carclo Close Mid-Price: 33.5 Percentage Change: -7.46% Day High: 36.8 Day Low: 32

Target met. Continued weakness against CAR taking the price below 32 calc ……..

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LSE:CASP Caspian. Close Mid-Price: 4.05 Percentage Change: + 10.96% Day High: 4.05 Day Low: 3.65

Target met. In the event of Caspian enjoying further trades beyond 4.05, ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 5.38 Percentage Change: + 0.00% Day High: 5.4 Day Low: 5.12

Continued weakness against CBX taking the price below 5.12 calculates as l ……..

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LSE:CCL Carnival. Close Mid-Price: 1766.4 Percentage Change: + 4.94% Day High: 1796 Day Low: 1672.2

Target met. In the event of Carnival enjoying further trades beyond 1796, ……..

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LSE:CNA Centrica. Close Mid-Price: 55.6 Percentage Change: + 2.92% Day High: 56.2 Day Low: 54.32

Target met. All Centrica needs are mid-price trades ABOVE 56.2 to improve ……..

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LSE:CPI Capita. Close Mid-Price: 52.8 Percentage Change: + 6.30% Day High: 53.02 Day Low: 49.39

In the event of Capita enjoying further trades beyond 53.02, the share sh ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 63 Percentage Change: -5.26% Day High: 67 Day Low: 61.3

Target met. Weakness on 4D Pharma below 61.3 will invariably lead to 57 w ……..

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LSE:EZJ EasyJet. Close Mid-Price: 709.4 Percentage Change: + 4.23% Day High: 721 Day Low: 685.4

Target met. All EasyJet needs are mid-price trades ABOVE 721 to improve a ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 205 Percentage Change: + 6.33% Day High: 205 Day Low: 194.4

In the event of Gulf Keystone enjoying further trades beyond 205, the sha ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1401.5 Percentage Change: + 0.04% Day High: 1413.5 Day Low: 1384

Continued weakness against HL. taking the price below 1384 calculates as ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 3.95 Percentage Change: + 11.30% Day High: 4.2 Day Low: 3.7

Target met. Further movement against Hurrican Energy ABOVE 4.2 should imp ……..

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LSE:IAG British Airways. Close Mid-Price: 186.1 Percentage Change: + 5.98% Day High: 186.18 Day Low: 176.32

Target met. Continued trades against IAG with a mid-price ABOVE 186.18 sh ……..

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LSE:ITRK Intertek Close Mid-Price: 4975 Percentage Change: -2.72% Day High: 5166 Day Low: 4949

Weakness on Intertek below 4949 will invariably lead to 4842 initially wi ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 192.75 Percentage Change: + 2.99% Day High: 193.3 Day Low: 188.05

Target met. All Marks and Spencer needs are mid-price trades ABOVE 193.3 ……..

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LSE:NWG Natwest. Close Mid-Price: 220.7 Percentage Change: + 1.42% Day High: 221.2 Day Low: 218.8

Continued trades against NWG with a mid-price ABOVE 221.2 should improve ……..

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LSE:POLY Polymetal Close Mid-Price: 1278 Percentage Change: -1.62% Day High: 1309 Day Low: 1272.5

Target met. If Polymetal experiences continued weakness below 1272.5, it ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 147.48 Percentage Change: + 11.31% Day High: 148.4 Day Low: 135.74

Target met. All Rolls Royce needs are mid-price trades ABOVE 148.4 to imp ……..

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