{"id":1230,"date":"2019-09-24T23:41:59","date_gmt":"2019-09-24T22:41:59","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1230"},"modified":"2019-09-25T08:27:59","modified_gmt":"2019-09-25T07:27:59","slug":"metro-bank-plc-for-25-09-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/09\/24\/metro-bank-plc-for-25-09-2019\/","title":{"rendered":"Metro Bank Plc for 25\/09\/2019"},"content":{"rendered":"\n

#FTSE #Japan <\/strong>Falling faster than Boris Johnston’s credibility, Metro Bank could not be ignored. A Bond Sale, coming in the same year they announce an ‘accounting issue’, failed to attract sufficient buyers and the initiative was cancelled. Their already spectacularly bad share price suffered – spectacularly!<\/p>\n\n\n\n

Usually with this sort of thing, when a price \nexperiences a massive 36% reversal, we look hard to try an identify a logical \nbounce point. After all, it’s often quite possible to snag a 15% rebound, even \nif any bounce is deemed as to be of the “dead cat” variety. Instead, Metro \npresents us with quite a major issue, due to its proximity to the “dead parrot” \nside of trading. The companies share price movements, since their fanfare \nlisting in 2016, proved to be utterly dreadful. At time of writing, it’s trading \naround the 175p level with the potential of weakness below this level driving \nthe price further down to 103p. <\/p>\n\n\n\n

At 103p, we would hope for a bounce, potentially a \nfairly useful one but the danger comes if 103p is broken on any initial downward \nsurge. Our secondary is at 76p and this is a level we cannot calculate below. \nObviously, we can but all the answers are prefaced with minus signs.<\/p>\n\n\n\n

Before any bounce from current could be taken \nseriously, the share almost needs double in value as only above 315p dare we \nstart to suspect the reversal has been a dreadful mistake and things are going \nto be okay for the future. When we review how the price was managed on the 24th \nSept, even above 222p is supposed to bring 238p which, if bettered, gives a very \nslight hope bottom is already in. This being the case, our secondary calculates \nat an unlikely 338p.<\/p>\n\n\n\n

We suspect this shall be worth watching, if it \napproaches the 76p level.<\/p>\n\n\n\n

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

\n\t

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

10:17:56PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

61.6<\/font><\/TD>

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

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

\n\t

10:21:59PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1532.08<\/font><\/TD>

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

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

\n\t

10:46:41PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7254.43<\/font><\/TD>

\n\t

7243<\/font><\/TD>

\n\t

7231<\/font><\/TD>

\n\t

7183<\/font><\/TD>

\n\t

7293<\/font><\/TD>

\n\t

7304<\/font><\/TD>

\n\t

7316.5<\/font><\/TD>

\n\t

7341<\/font><\/TD>

\n\t

7256<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:50:22PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5601.7<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:53:04PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12254<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:56:05PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

2969.57<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

11:00:41PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

26840.7<\/font><\/TD>

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

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

\n\t

11:03:19PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7719.62<\/font><\/TD>

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

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

\n\t

11:05:06PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

21850<\/font><\/TD>

\n\t

21806<\/font><\/TD>

\n\t

21764<\/font><\/TD>

\n\t

21636<\/font><\/TD>

\n\t

21966<\/font><\/TD>

\n\t

22009<\/font><\/TD>

\n\t

22085.5<\/font><\/TD>

\n\t

22178<\/font><\/TD>

\n\t

21862<\/font><\/TD>

\n\t

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

 <\/p>\n

24\/09\/2019 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: \u00a3 5,267,350,098 a change of -41.38%<\/h>\n","protected":false},"excerpt":{"rendered":"

#FTSE #Japan Falling faster than Boris Johnston’s credibility, Metro Bank could not be ignored. A Bond Sale, coming in the same year they announce an ‘accounting issue’, failed to attract sufficient buyers and the initiative was cancelled. Their already spectacularly bad share price suffered – spectacularly! Usually with this sort of thing, when a price … <\/p>\n

Continue reading “Metro Bank Plc for 25\/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-1230","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1230","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=1230"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1230\/revisions"}],"predecessor-version":[{"id":1232,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1230\/revisions\/1232"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1230"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}