Trends And Targets

#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.

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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
9:42:28PM	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

Continued weakness against DDDD taking the price below 59.9 calculates as ……..

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

This is becoming interesting. Above 141 now suggests the potential of move ……..

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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.

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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
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

If Barrett Devs experiences continued weakness below 664.8, it will invar ……..
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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.

When we last reviewed Lloyds, someone complained covering the bank every three weeks was “too often”. Surprisingly, within 4 days of our report, the share (for a change) actually did something useful, hitting a trigger level and reversing to our initial drop target. We also gave a useful bounce trigger of 45.8p (drum roll). On Friday the share experienced a price high at 45.81p! As a result, there’s a distinct threat Lloyds may be choosing a more interesting path for the future.

 

If we opt to be become the definition of “gullible”, allegedly it is now the case where above 45.81p should propel the share price to an initial 47.7p. If bettered, our secondary works out at 48.7p and visually, there’s nothing ridiculous about the numbers. The problem risks being the downtrend from 2019, shown in blue.

At time of writing, the share price requires exceed 46.173p to better this trend line, thus providing a more realistic trigger level. We’re simply not sold on the idea of future gains being available, just ‘cos the price exceeded a trigger level by 1/100th of a penny, despite the near term visuals justifying some hope. In fact, if we chose to embrace sanity, it’s still the case of the price needing above the 50p level to confirm happy days are ahead and until then, there’s a serious risk of the share price just messing around.

Daimler AG (XE:DAI) With Brit, Louis Hamilton’s Mercedes managing to complete the Russian GP without being crowned by another car, we decided to perhaps worthwhile to take a glance at how Daimler, owner of the Mercedes marque, share price is doing. The share has managed to ‘struggle’ above its high, pre-pandemic, and as the chart below shows, the price is now worth 4x the level experienced in March 2020. By virtually every standard, Daimler share price is doing rather nicely.

The immediate situation is interesting as above 74.5€ suggests coming movement toward 76.4. If bettered, our longer term secondary calculates at 83.4€, giving the potential of a cycle commencing toward a long term 87 and beyond.

A huge thanks to those who found adverts on this page interesting on Friday. Rather than just a coffee, you effectively bought lunch too!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
1:30:16PM	BRENT	77.35	76.21	75.75	75.15	76.95	77.55	77.97	78.72	76.18	Success
2:50:26PM	GOLD	1750
3:01:03PM	FTSE	7066
1:47:11PM	FRANCE	6638									Success
1:52:08PM	GERMANY	15558	15493	15469	15390	15546	15575	15606	15644	15525
2:02:14PM	US500	4456
2:05:10PM	DOW	34801
2:10:44PM	NASDAQ	15329
2:15:34PM	JAPAN	30208									Shambles

 

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%

16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%

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:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **

********

Updated charts published on : Asos, Caspian, Cellular Goods, Carnival, EasyJet, Hargreaves Lansdown, Natwest, Polymetal, Reabold Resources PLC, Rolls Royce, Speedyhire,

LSE:ASC Asos Close Mid-Price: 3265 Percentage Change: -2.39% Day High: 3386 Day Low: 3245

All Asos needs are mid-price trades ABOVE 3386 to improve acceleration to ……..

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LSE:CASP Caspian. Close Mid-Price: 3.65 Percentage Change: + 8.96% Day High: 3.7 Day Low: 3.35

Target met. Further movement against Caspian ABOVE 3.7 should improve acc ……..

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LSE:CBX Cellular Goods Close Mid-Price: 5.38 Percentage Change: -4.02% Day High: 5.64 Day Low: 5.38

Target met. Weakness on Cellular Goods below 5.38 will invariably lead to ……..

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LSE:CCL Carnival. Close Mid-Price: 1683.2 Percentage Change: + 2.35% Day High: 1706.8 Day Low: 1600

Target met. Further movement against Carnival ABOVE 1706.8 should improve ……..

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LSE:EZJ EasyJet. Close Mid-Price: 680.6 Percentage Change: + 4.10% Day High: 685.4 Day Low: 644.8

Target met. In the event of EasyJet enjoying further trades beyond 685.4, ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1401 Percentage Change: -0.25% Day High: 1420.5 Day Low: 1398.5

Target met. If Hargreaves Lansdown experiences continued weakness below 1 ……..

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LSE:NWG Natwest. Close Mid-Price: 217.6 Percentage Change: + 0.14% Day High: 219.6 Day Low: 214.3

All Natwest needs are mid-price trades ABOVE 219.6 to improve acceleratio ……..

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LSE:POLY Polymetal Close Mid-Price: 1299 Percentage Change: -0.23% Day High: 1306 Day Low: 1292.5

Continued weakness against POLY taking the price below 1292.5 calculates ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.22 Percentage Change: -6.52% Day High: 0.23 Day Low: 0.2

Target met. Weakness on Reabold Resources PLC below 0.2 will invariably l ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 132.5 Percentage Change: + 4.38% Day High: 134.22 Day Low: 126.82

Target met. In the event of Rolls Royce enjoying further trades beyond 13 ……..

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LSE:SDY Speedyhire Close Mid-Price: 67 Percentage Change: -0.89% Day High: 68.7 Day Low: 66

Continued weakness against SDY taking the price below 66 calculates as le ……..

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

#FTSE #Gold #Dax With minimal fanfare, the FTSE actually has done something interesting for the first time in a year. We’ve been moaning about the repeated trend breaks but unusually, the index broke the NINTH uptrend of the year a week ago, created a new TENTH uptrend. And then, returned above the previous trend. This behaviour generally presages some real market growth.

Goodness knows, the FTSE deserves a break as it has been essentially flatlining since April, using the 7,000 point level as a strange pivot. Hopefully we’re finally witnessing the first early warning for some proper recovery, ideally catching up with European performance. We suspect chasing USA growth levels shall prove an ambition too far. Despite the index currently only 78 points above its 7,000 point pivot, we’re inclined to invest some hope the market has let slip ‘a cunning plan’ for the rest of the year. If we were to rely on conventional trend lines, presently the FTSE needs above 7,380 points to batter its way through the downtrend since 2018. Or alternately, to better 7,550 points to exceed the market high, pre-Covid19.

We probably cannot say this often enough but it’s often NOT the trend which is important but instead, how the market reacts to a trend! In this immediate instance, generally some optimism is called for despite appearing to weave a lot of cloth from a single thread.

Our opening paragraphs suggest optimism, quite neatly ignoring the salient detail Thursday managed to close the day 5 points below the previous day. Visually, it’s not the most disturbing signal as the FTSE now need only exceed 7,131 points to give hope for a near term charge toward 7,181 points. If bettered, our secondary calculates at a useful 7,271 points. The secondary is especially interesting, visually creating a recent “Higher High” and placing the UK index in a scenario, where longer term oomph to 7,547 calculates as possible, rather neatly matching the market level prior to the Pandemic hit.

 

For everything to go pear shaped (our garden pears are bitter this year!),  the FTSE needs below 7,056 to give potential early warning as this allegedly should trigger reversal down to 7,011 points. If broken, our secondary calculates at 6,932 points.

Have a good weekend, hopefully drier than it is here in Argyll.

Our thanks to the folk who “buy us a coffee” every time they find one of the ads on this page worth a visit!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:35:58PM	BRENT	76.63	74.95	74.74		75.88	76.7	77.22		76.16	Success
9:40:02PM	GOLD	1739.91	1737	1725.5		1755	1758	1764		1742	Success
9:42:00PM	FTSE	7090	7060	7035.5		7097	7133	7143.5		7080	‘cess
9:56:56PM	FRANCE	6703	6659	6650.5		6681	6718	6723		6672	Success
10:03:03PM	GERMANY	15665	15549	15539		15635	15695	15717		15633	‘cess
10:05:18PM	US500	4450.32	4403	4384		4424	4465	4481.5		4442	Success
10:07:28PM	DOW	34789	34348	34179.5		34564	34883	34942.25		34640	Success
10:09:08PM	NASDAQ	15311	15184	15112		15237	15355	15440		15193	‘cess
10:10:28PM	JAPAN	30271	30022	29955		30135	30295	30364		30180	Success

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%

16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%

15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%

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:CCL Carnival** **LSE:EXPN Experian** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:TSCO Tesco** **

********

Updated charts published on : Asos, Barclays, Carnival, Experian, Intertek, Natwest, Polymetal, Rockhopper, Rolls Royce, Tesco,

LSE:ASC Asos. Close Mid-Price: 3345 Percentage Change: + 2.01% Day High: 3353 Day Low: 3276

Further movement against Asos ABOVE 3353 should improve acceleration towa ……..

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LSE:BARC Barclays. Close Mid-Price: 183.96 Percentage Change: + 1.51% Day High: 184.74 Day Low: 181.84

All Barclays needs are mid-price trades ABOVE 184.74 to improve accelerat ……..

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LSE:CCL Carnival. Close Mid-Price: 1644.6 Percentage Change: + 3.10% Day High: 1652 Day Low: 1591.6

Continued trades against CCL with a mid-price ABOVE 1652 should improve t ……..

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LSE:EXPN Experian Close Mid-Price: 3338 Percentage Change: -1.48% Day High: 3418 Day Low: 3331

All Experian needs are mid-price trades ABOVE 3418 to improve acceleratio ……..

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LSE:ITRK Intertek Close Mid-Price: 5304 Percentage Change: -2.25% Day High: 5474 Day Low: 5308

This has become “slightly” interesting, making me wonder if it shall prove ……..

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LSE:NWG Natwest. Close Mid-Price: 217.3 Percentage Change: + 1.73% Day High: 217.7 Day Low: 213.4

Target met. In the event of Natwest enjoying further trades beyond 217.7, ……..

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LSE:POLY Polymetal Close Mid-Price: 1302 Percentage Change: -3.27% Day High: 1346 Day Low: 1303.5

Target met. In the event Polymetal experiences weakness below 1303.5 it c ……..

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LSE:RKH Rockhopper Close Mid-Price: 6.2 Percentage Change: -26.97% Day High: 6.1 Day Low: 4.5

Target met. Continued weakness against RKH taking the price below 4.5 cal ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 126.94 Percentage Change: + 3.90% Day High: 127.3 Day Low: 122.68

Target met. Further movement against Rolls Royce ABOVE 128 should improve ……..

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LSE:TSCO Tesco Close Mid-Price: 259.55 Percentage Change: -0.80% Day High: 264.1 Day Low: 259.5

Target met. All Tesco needs are mid-price trades ABOVE 264.1 to improve a ……..

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

#Brent #DOW With the world anxiously waiting to discover what colour of car Louis Hamilton will be wearing on his head in the coming Russian GP, we decided to take a glance at how the Ruble is doing against the US Dollar. In addition, with some pundits describing the problems at Evergrande as an ‘end of the world’ event, perhaps it shall prove worth glancing at the dead parrot from China!

Apparently, the level of financial problems with China Evergrande are such that they make the 2008 issue with Lehman Brothers look like a dress rehearsal for real contagion problems. The, essentially at core, property company has suffered historically, due to obeying government directives to invest without satisfying themselves of repayment. With rather a lot of defaults, the company finds itself unable to repay bond holders, creating a situation where investors quite literally recently took a senior executive hostage. Obviously, the big fear comes of Evergrande problems infecting the wider markets, if the Chinese government decide to with-hold assistance. Many other talking heads, however, deem Evergrande as “Too Big to Fail” and unlikely to give markets cause to switch into headless chicken mode. We were hoping, following Covid-19, China would be satisfied it had given the world sufficient reason for worry, for a while!

Amusingly, when we opt to employ a ‘Shaded’ chart for Evergrande, the result looks like like a city skyline, the focus of their investments. It’s also perhaps worth remembering the company do actually own property, unlike Lehman which owned financial positions. This critical difference may prove important.

 

We’ve chosen to display the share price from the popular USOTC exchange in New York, the one many people are not aware of. Despite being thought of as the home of ‘Penny Stocks’, the US Over The Counter exchange caters for instruments from young companies, unable to meet the criteria for a “proper” stock market listing. But some notable companies are also listed on USOTC, some even maintaining joint listings in their home country. This includes organisations such as Heineken, Siemers, Deutsche Telecom, Nestle, etc. We did a quick trawl through platforms in an effort to discover how China Evergrande were listed. Where listings did exist, the price was either in HK$ or US$, the latter presumably coming from the USOTC listing.

At present, the NY OTC lists Evergrande at US $10, already substantially below our conventional ‘ultimate bottom’ level of 17 dollars. This effectively places the share in a region where it’s stuffed. From a Big Picture perspective, we cannot calculate a bottom. If we opt to review price movements for 2021 only, it appears there’s a chance weakness below 7.25 may discover the potential of a bounce at 5.6 dollars. If broken, our secondary works out at 0.83 dollars. Please remember, the price is already pretty dire, trading below any Big Picture targets. But the chart certainly serves to remind what the company core business was.

 

US Dollar vs RUB (FX:USDRUB) Despite the chilling visuals of Louis Hamilton’s championship rival walking away from their crash, not bothering to check on his competitor who was sitting with a crashed car on his head, we’re looking forward to this weekends Russian Grand Prix. For this race, the big question isn’t really whether the sole Russian driver has a chance of winning but instead, on which lap will the unfortunate driver again spin off the track! We can also use the event as an excuse to review how the Ruble is doing against the dollar.

The immediate situation is far from clear. Despite the dollar proving quite strong against the Ruble since 2015, there are some early signs of faltering. For instance, at present weakness below 72.2 looks perfectly capable of promoting reversal to an initial 69.20 and a challenge against the long term Red uptrend. Should the pairing manage to close a session below 69.20, we can calculate the potential of a bouncy bottom at 65 eventually.

To escape the potentials of dollar weakness, the relationship needs exceed 74.75 as this threatens recovery toward an initial 76.4 with our longer term secondary, if exceeded, working out at 78 and very probable hesitation.

For now, we suspect the Ruble intends strengthen.

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:31:17PM	BRENT	75.35	74.49	74	73.45	75.05	75.65	75.9475	76.21	74.57	Success
10:33:26PM	GOLD	1768.78									‘cess
10:40:19PM	FTSE	7075.46									Success
10:42:10PM	FRANCE	6631.5									Success
10:45:09PM	GERMANY	15514.98									Success
10:49:04PM	US500	4398									Shambles
10:55:31PM	DOW	34288	33885	33823	33620	34097	34432	34491.5	34596	34185	Shambles
10:57:14PM	NASDAQ	15191									‘cess
10:59:24PM	JAPAN	29971									Success

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%

16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%

15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%

14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AGM Applied Graphene** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:ODX Omega Diags** **LSE:RR. Rolls Royce** **LSE:TSCO Tesco** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Applied Graphene, BP PLC, Cellular Goods, Centrica, Experian, EasyJet, Gulf Keystone, Omega Diags, Rolls Royce, Tesco, Zoo Digital,

LSE:AGM Applied Graphene Close Mid-Price: 29.5 Percentage Change: -1.67% Day High: 30 Day Low: 29.5

This remains feeling quite dreadful, still needing movements above 31.5 to ……..

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LSE:BP. BP PLC. Close Mid-Price: 316.75 Percentage Change: + 2.57% Day High: 319.7 Day Low: 313.15

All BP PLC needs are mid-price trades ABOVE 319.7 to improve acceleration ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 5.68 Percentage Change: + 1.43% Day High: 5.6 Day Low: 5.55

In the event Cellular Goods experiences weakness below 5.55 it calculates ……..

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LSE:CNA Centrica Close Mid-Price: 53.74 Percentage Change: -0.41% Day High: 55.18 Day Low: 53.88

In the event of Centrica enjoying further trades beyond 55.18, the share ……..

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LSE:EXPN Experian. Close Mid-Price: 3388 Percentage Change: + 1.77% Day High: 3406 Day Low: 3335

Target met. In the event of Experian enjoying further trades beyond 3406, ……..

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LSE:EZJ EasyJet. Close Mid-Price: 661.2 Percentage Change: + 0.88% Day High: 672.2 Day Low: 647

Further movement against EasyJet ABOVE 672.2 should improve acceleration ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 199.2 Percentage Change: + 4.29% Day High: 201.5 Day Low: 193.6

Further movement against Gulf Keystone ABOVE 201.5 should improve acceler ……..

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LSE:ODX Omega Diags. Close Mid-Price: 52.75 Percentage Change: + 7.65% Day High: 52.75 Day Low: 45.75

Target met. Continued weakness against ODX taking the price below 45.75 c ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 122.18 Percentage Change: + 2.17% Day High: 121.94 Day Low: 119.34

Continued trades against RR. with a mid-price ABOVE 121.94 should improve ……..

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LSE:TSCO Tesco. Close Mid-Price: 261.65 Percentage Change: + 1.73% Day High: 261.5 Day Low: 258.05

In the event of Tesco enjoying further trades beyond 261.5, the share sho ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 121 Percentage Change: -3.20% Day High: 122.5 Day Low: 118.5

Zoo Digital appears to be taking a walk past the monkey enclosure as weakn ……..

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

#FTSE #France With Argo Blockchain, rather quickly, achieving and slightly exceeding our bounce target given in our July report, the share price is now showing interesting potentials. We should point out, in the market there is no such thing as a “sure thing”. But LSE:ARB, the only Crypto miner listed on the London Exchange, a now showing some strong scenario for the future.

There are a couple of things worthy of note. Back in July, we suspected the share price would bounce before 63p. This was a price level where virtually every logic we employ demanded it must rebound. The reality came a day after our report, the share hitting 82p and failing to drop further. Ideally, this promotes the concept of inherent strength and should this be the case, perhaps it shall prove important the share closed at 173p on Friday 17th Sept, just above our 170p bounce target. With the share price presently trading around 167p, it certainly does not require a great deal of work to create a further positive scenario for the longer term.

Next above 173p calculates with the potential of further recovery to an initial 199p. The visuals imply some hesitation should be anticipated around such a level, if only due to the folk trapped since April of this year opting to Bail at Break Even. Our secondary, should 199p be exceeded, works out at 227p.

An interesting, almost refreshing, aspect of Argo’ share price movements comes from a distinct separation between the crazy swings ‘enjoyed’ by crypto currency, when viewed against price movements of a crypto miner. At times, we wish gold miners would experience such a sensible distance between reality and rumour!

On the chart below, we feature a third level target of 250p, if it all starts moving fast. While some hesitation can be anticipated at such a level, again due to prior behaviour, in the event the share price actually closes a session above 250p, we shall regard it as entering a brave new world with some extremely interesting long term potentials.

Trends and Targets. Past performance is not a reliable indicator of future results.

As always, our thanks to those who effectively keep us awash with coffee by visiting adverts on this page.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:35:16PM	BRENT	74.16									Shambles
10:37:20PM	GOLD	1774.64									Success
10:40:00PM	FTSE	6955.28	6930	6906	6872	6980	7001	7013	7076	6946	Success
10:42:24PM	FRANCE	6534.3	6516	6496.5	6473	6553	6561	6570.5	6632	6516	Success
10:44:49PM	GERMANY	15299									Success
10:46:39PM	US500	4347.57									‘cess
11:03:37PM	DOW	33878									Shambles
11:05:33PM	NASDAQ	15005
11:07:14PM	JAPAN	29912

 

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%

16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%

15/09/2021 FTSE Closed at 7016 points. Change of -0.26%. Total value traded through LSE was: £ 5,962,830,996 a change of 19.14%

14/09/2021 FTSE Closed at 7034 points. Change of -0.73%. Total value traded through LSE was: £ 5,004,739,047 a change of 6.33%

13/09/2021 FTSE Closed at 7086 points. Change of 0.81%. Total value traded through LSE was: £ 4,706,844,854 a change of 19.18%

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:BP. BP PLC** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:DDDD 4D Pharma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **

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Updated charts published on : Barclays, BP PLC, Carclo, Cellular Goods, 4D Pharma, HSBC, British Airways,

LSE:BARC Barclays. Close Mid-Price: 175.02 Percentage Change: + 0.06% Day High: 178.26 Day Low: 174.26

Ongoing weakness below 174 should hopefully bounce from 169p. If broken, s ……..

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LSE:BP. BP PLC. Close Mid-Price: 308.8 Percentage Change: + 1.68% Day High: 313.25 Day Low: 305.3

Further movement against BP PLC ABOVE 313.25 should improve acceleration ……..

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LSE:CAR Carclo Close Mid-Price: 34.8 Percentage Change: -5.95% Day High: 36.1 Day Low: 34

Weakness on Carclo below 34 will invariably lead to 33 with secondary (if ……..

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LSE:CBX Cellular Goods Close Mid-Price: 5.6 Percentage Change: -2.61% Day High: 5.72 Day Low: 5.65

Target met. Continued weakness against CBX taking the price below 5.65 ca ……..

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LSE:DDDD 4D Pharma. Close Mid-Price: 69 Percentage Change: + 5.34% Day High: 70.6 Day Low: 63

If 4D Pharma experiences continued weakness below 63, it will invariably ……..

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LSE:HSBA HSBC Close Mid-Price: 359.75 Percentage Change: -0.54% Day High: 367.75 Day Low: 358.45

If HSBC experiences continued weakness below 358.45, it will invariably l ……..

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LSE:IAG British Airways. Close Mid-Price: 171.3 Percentage Change: + 3.08% Day High: 177.74 Day Low: 168.2

Target met. All British Airways needs are mid-price trades ABOVE 177.74 ……..

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