{"id":1183,"date":"2019-09-01T22:59:33","date_gmt":"2019-09-01T21:59:33","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1183"},"modified":"2019-09-02T08:29:44","modified_gmt":"2019-09-02T07:29:44","slug":"kaz-minerals-for-2-09-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/09\/01\/kaz-minerals-for-2-09-2019\/","title":{"rendered":"Kaz Minerals for 2\/09\/2019"},"content":{"rendered":"\n

#FTSE #BRENT <\/strong>It’s difficult reviewing many of the Mining Sector without flinching a little at their overall prospects. Kaz is a case in point as the Big Picture presently indicates some reversal as viable and we’ve a problem. Our targets will see the share price decline below the uptrend since 2016 and this will be arithmetically bad.<\/p>\n\n\n\n

The issue we have with the share is fairly \nstraightforward. If the price of KAZ closes below RED on the chart, ultimate \nbottom – from a Big Picture perspective – calculates at Minus 215p, obviously an \nimpossible ambition. Unfortunately, once shares start to perform in a region \nwhere “ultimate bottoms” are prefaced with minus signs, some truly irrational \nprice moves can occur. For example, witness the current mad swings experienced \nby Thomas Cook, a share with a pretty solid bottom target in negative numbers!<\/p>\n\n\n\n

At present, the ruling uptrend (RED) for KAZ calculates \nat 345p. Closure below this trend risks some troubling movements and at present, \nthere’s a problem. Weakness anytime now below 376p will be regarded as entering \na cycle to an initial 305p. If broken, secondary calculates at 270p, a point \nwe’d normally hope for a bounce.  <\/p>\n\n\n\n

The big issue is both target ambitions afford the share \nthe chance of closing below RED, trapping the price in a zone where it shall \nneed some sort of miracle to escape. At time of writing, KAZ is at 402p, looking \nfairly safe. We have our doubts, if only due to the visual risk of “lower lows”.<\/p>\n\n\n\n

If there are to be any near term surprises, apparently \nabove 408p should provoke a rise to 414p soon. In itself, an utterly useless \nmovement but one which should trigger a near term secondary at 435p, perhaps \neven 480p if riding on the back of stronger commodity prices. We’re not \nbreathless with anticipation and suspect 305p shall make an appearance \neventually.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\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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2:01:48PM<\/font><\/TD>

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FTSE<\/font><\/TD>

\n\t

7231<\/font><\/TD>

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7175<\/font><\/TD>

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7150<\/font><\/TD>

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7120<\/font><\/TD>

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7235<\/font><\/TD>

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7241<\/font><\/TD>

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7268.5<\/font><\/TD>

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7349<\/font><\/TD>

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7175<\/font><\/TD>

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

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2:05:08PM<\/font><\/TD>

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BRENT<\/font><\/TD>

\n\t

59.09<\/font><\/TD>

\n\t

58.48<\/font><\/TD>

\n\t

58.04<\/font><\/TD>

\n\t

57.32<\/font><\/TD>

\n\t

59.73<\/font><\/TD>

\n\t

60.64<\/font><\/TD>

\n\t

61.445<\/font><\/TD>

\n\t

62.44<\/font><\/TD>

\n\t

59.34<\/font><\/TD>

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‘cess<\/font><\/TD> <\/TR>\n

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2:09:26PM<\/font><\/TD>

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GOLD<\/font><\/TD>

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1520.79<\/font><\/TD>

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

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2:33:22PM<\/font><\/TD>

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FRANCE<\/font><\/TD>

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5495.2<\/font><\/TD>

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‘cess<\/font><\/TD> <\/TR>\n

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2:43:58PM<\/font><\/TD>

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GERMANY<\/font><\/TD>

\n\t

11964<\/font><\/TD>

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‘cess<\/font><\/TD> <\/TR>\n

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2:46:28PM<\/font><\/TD>

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US500<\/font><\/TD>

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2922.92<\/font><\/TD>

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‘cess<\/font><\/TD> <\/TR>\n

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2:50:35PM<\/font><\/TD>

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DOW<\/font><\/TD>

\n\t

26395<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

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2:54:11PM<\/font><\/TD>

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NASDAQ<\/font><\/TD>

\n\t

7670.87<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

2:56:35PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

20668<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

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

30\/08\/2019 FTSE Closed at 7207 points. Change of 0.32%. Total value traded through LSE was: \u00a3 5,562,641,107 a change of 12.91%<\/h>\n","protected":false},"excerpt":{"rendered":"

#FTSE #BRENT It’s difficult reviewing many of the Mining Sector without flinching a little at their overall prospects. Kaz is a case in point as the Big Picture presently indicates some reversal as viable and we’ve a problem. Our targets will see the share price decline below the uptrend since 2016 and this will be … <\/p>\n

Continue reading “Kaz Minerals for 2\/09\/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-1183","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1183","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=1183"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1183\/revisions"}],"predecessor-version":[{"id":1184,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1183\/revisions\/1184"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1183"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}