{"id":1173,"date":"2019-08-27T23:24:27","date_gmt":"2019-08-27T22:24:27","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1173"},"modified":"2019-08-28T08:40:28","modified_gmt":"2019-08-28T07:40:28","slug":"barclays-for-28-08-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/08\/27\/barclays-for-28-08-2019\/","title":{"rendered":"Barclays for 28\/08\/2019"},"content":{"rendered":"\n

#GOLD #SP500 <\/strong>When we last reviewed Barclays (link<\/a><\/strong>) the share price appeared to be showing signs of escaping a path which led to 134p. Our naive optimism fell apart at the start of August as the price once again indulged in some miserable behaviour! Sometimes, paying attention to the trend is important.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

As the cut-outs above show, Barclays share price paid \nconsiderable respect to the downtrend, for a week anyway. Then the market \nensured the share rejoined the trend and headed down on a path to our 134p \nambition, once again. Of course, if there is any real strength, the price should \nbounce before our target level, ie; now! At present, we calculate the price \nneeds exceed 142p before any rebound dare be taken seriously. Such a movement \ncalculates with an initial target of 145p with secondary, if bettered, at \n148.5p. The secondary is critically important as closure beyond this point \nshould make travel to 157p possible, along with relative safety above the \nhistorical RED uptrend.<\/p>\n\n\n\n

Unfortunately, there is a PURPLE problem showing on the \nchart. Since 2011, Barclays share price has tended prefer spending time above \nthe Purple line with each bonk against this horizontal trend providing \nreasonable recovery. During this year, repeated attempts at Purple exhibited \nweaker recovery and now, the share price has remained below this trend line for \nmost of August. This is not behaviour which will cheer an optimist as it \nsuggests 134p will probably be broken.<\/p>\n\n\n\n

This being the case, further reversal down to 112p \nbecomes probable, along with a doubtless short lived bounce. Secondary \ncalculates at a bottom, finally and hopefully, at 78p. Generally we’d suggest \nadvocating a FTSE100 share price almost halving from current as an absurd \nscenario. We suspect the threat of Brexit is nudging open the door marked profit \n– for those with any funds to take advantage, if prices drop to silly levels.<\/p>\n\n\n\n

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

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Market<\/font><\/TD>

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

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

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

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

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Stop<\/font><\/TD>

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

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

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

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Stop<\/font><\/TD>

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

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10:41:42PM<\/font><\/TD>

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BRENT<\/font><\/TD>

\n\t

59.63<\/font><\/TD>

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

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10:59:06PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1543.4<\/font><\/TD>

\n\t

1525<\/font><\/TD>

\n\t

1519.5<\/font><\/TD>

\n\t

1511<\/font><\/TD>

\n\t

1543<\/font><\/TD>

\n\t

1545<\/font><\/TD>

\n\t

1550<\/font><\/TD>

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1562<\/font><\/TD>

\n\t

1528<\/font><\/TD>

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

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11:01:15PM<\/font><\/TD>

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FTSE<\/font><\/TD>

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7069.14<\/font><\/TD>

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

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11:03:06PM<\/font><\/TD>

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FRANCE<\/font><\/TD>

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5364<\/font><\/TD>

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

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11:05:29PM<\/font><\/TD>

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GERMANY<\/font><\/TD>

\n\t

11708<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

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11:07:04PM<\/font><\/TD>

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US500<\/font><\/TD>

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2869.17<\/font><\/TD>

\n\t

2854<\/font><\/TD>

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2822.5<\/font><\/TD>

\n\t

2784<\/font><\/TD>

\n\t

2887<\/font><\/TD>

\n\t

2900<\/font><\/TD>

\n\t

2913.5<\/font><\/TD>

\n\t

2947<\/font><\/TD>

\n\t

2860<\/font><\/TD>

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

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11:08:58PM<\/font><\/TD>

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DOW<\/font><\/TD>

\n\t

25794<\/font><\/TD>

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

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11:10:41PM<\/font><\/TD>

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NASDAQ<\/font><\/TD>

\n\t

7563.3<\/font><\/TD>

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

\n\t

11:13:22PM<\/font><\/TD>

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JAPAN<\/font><\/TD>

\n\t

20441<\/font><\/TD>

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

\n\n<\/a><\/font><\/p>\n

27\/08\/2019 FTSE Closed at 7089 points. Change of -0.07%. Total value traded through LSE was: \u00a3 7,696,037,193 a change of 68.88%<\/h>\n","protected":false},"excerpt":{"rendered":"

#GOLD #SP500 When we last reviewed Barclays (link) the share price appeared to be showing signs of escaping a path which led to 134p. Our naive optimism fell apart at the start of August as the price once again indulged in some miserable behaviour! Sometimes, paying attention to the trend is important. As the cut-outs … <\/p>\n

Continue reading “Barclays for 28\/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-1173","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1173","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=1173"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1173\/revisions"}],"predecessor-version":[{"id":1174,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1173\/revisions\/1174"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1173"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}