{"id":1131,"date":"2019-08-06T23:00:35","date_gmt":"2019-08-06T22:00:35","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1131"},"modified":"2019-08-07T08:36:36","modified_gmt":"2019-08-07T07:36:36","slug":"thomas-cook-for-7-08-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/08\/06\/thomas-cook-for-7-08-2019\/","title":{"rendered":"Thomas Cook for 7\/08\/2019"},"content":{"rendered":"\n

#CAC40 #SP500 <\/strong>Sometimes, passengers in an aircraft experience an awful moment on the ground, waiting to disembark. An announcement says there will be a delay “of just a few minutes” and seasoned travellers know what that really means. Today, Tuesday, passengers in TCG’s share price disaster (prior successful report link<\/a>) must have felt a similar emotion, the price looking like it was about to recover, then a “gotcha suckers” drop!<\/p>\n\n\n\n

Over the years, we’ve warned repeatedly about the \ndangers of opening second spikes in a share. These price movements can run in \neither direction but our rule of thumb is of a spike down signalling a coming \nupward movement. Obviously, the converse is true for a spike up. TCG was spiked \nto 15p, curiously NOT in the opening second but rather, twelve minutes after the \nmarket opened. While perhaps this indicates a change in market strategy (as \nwe’ve seen this a few times in the last month) but regardless, the effect was \npretty dire and allows Thomas Cook to experience a trading range of 65.08%  \nfor Tuesday. It was virtually impossible to allocate a sensible stop loss, \nregardless of which direction you thought it was going and perhaps this was the \nmarkets idea.<\/p>\n\n\n\n

We’ve a bit of in-house mumbo jumbo now warning of \ndanger, if Thomas Cook somehow makes it below 7.65p. Apparently, this will be a \nbad thing and calculates with the potential of travel down to an initial 5.3p. \nIf broken, secondary is at 2p and hopefully bottom. Ultimate bottom is MINUS 18p \n(not possible).<\/p>\n\n\n\n

However, for now I suspect holders of TCG are simply \nstuck on board, awaiting something positive happening. Price movements on the \n6th August did suggest a holding pattern was being employed. If this is indeed \nthe case, anything now exceeding 13.6p is liable to prove useful, bettering the \nBLUE downtrend and calculating with the potential of 19p next. If bettered, our \nsecondary is at 23.3p and an almost certain hesitation in the recovery cycle.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n<\/a><\/font><\/p>\n\n\n
\n\t

Time Issued<\/font><\/TD>

\n\t

Market<\/font><\/TD>

\n\t

Price At Issue<\/font><\/TD>

\n\t

Short Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

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Long Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Prior<\/font><\/TD> <\/TR>\nFUTURES<\/font><\/a>

\n\t

9:57:00PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

58.49<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:10:16PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1475.06<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:12:41PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7206.66<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:14:53PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5267.7<\/font><\/TD>

\n\t

5228<\/font><\/TD>

\n\t

5208.5<\/font><\/TD>

\n\t

5179<\/font><\/TD>

\n\t

5287<\/font><\/TD>

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5298<\/font><\/TD>

\n\t

5319.5<\/font><\/TD>

\n\t

5364<\/font><\/TD>

\n\t

5243<\/font><\/TD>

\n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:28:35PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

11629<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:31:09PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

2877.27<\/font><\/TD>

\n\t

2830<\/font><\/TD>

\n\t

2808<\/font><\/TD>

\n\t

2782<\/font><\/TD>

\n\t

2861<\/font><\/TD>

\n\t

2889<\/font><\/TD>

\n\t

2901<\/font><\/TD>

\n\t

2925<\/font><\/TD>

\n\t

2830<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:33:35PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

25966<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:35:44PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7514.12<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:37:35PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

20635<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

6\/08\/2019 FTSE Closed at 7171 points. Change of -0.72%. Total value traded through LSE was: \u00a3 6,677,276,467 a change of 2.51%<\/h>\n","protected":false},"excerpt":{"rendered":"

#CAC40 #SP500 Sometimes, passengers in an aircraft experience an awful moment on the ground, waiting to disembark. An announcement says there will be a delay “of just a few minutes” and seasoned travellers know what that really means. Today, Tuesday, passengers in TCG’s share price disaster (prior successful report link) must have felt a similar … <\/p>\n

Continue reading “Thomas Cook for 7\/08\/2019”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1131","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1131"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1131\/revisions"}],"predecessor-version":[{"id":1132,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1131\/revisions\/1132"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1131"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}