{"id":1233,"date":"2019-09-25T23:27:03","date_gmt":"2019-09-25T22:27:03","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1233"},"modified":"2019-09-26T07:00:24","modified_gmt":"2019-09-26T06:00:24","slug":"sainsbury-for-26-09-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/09\/25\/sainsbury-for-26-09-2019\/","title":{"rendered":"Sainsbury for 26\/09\/2019"},"content":{"rendered":"\n

#<\/strong>Gold #WallSt <\/strong>With all this Brexit hullabaloo, we’ve a sneaking suspicion the markets anticipate the major supermarkets to do rather well in the event of any supplies crisis. After all, in times of shortage or disruptions, retailers price goods against “worst possible” scenario. Almost accidentally, they will generally do rather well out of a major issue as the need for “Special Offers” or price comparison vanishes.<\/p>\n\n\n\n

Already, Sainsbury are poised at the starting gate for \nsome reasonable share price movement.<\/p>\n\n\n\n

Essentially, there looks like a trigger level of 225p \nwhich, if exceeded, allows price growth to an initial 238p. Better still, if \nexceeded, this allows ongoing travel toward a secondary calculation of 284p. \nBeyond 284p, we shall need re-examine the tea leaves (if we can afford them) as \nsome quite extraordinary longer term movement becomes possible.<\/p>\n\n\n\n

Of course, there’s a fly on the souffl\u00e9.<\/p>\n\n\n\n

Regular readers will be aware of out historical \nhysteria over Gap Up \/ Gap Down movements on shares. On many occasions, they \nproved incredibly reliable indicators for serious trouble ahead and in the case \nof Sainsbury, it produced a couple of textbook warning gaps. We’ve circled them \non the chart.<\/p>\n\n\n\n

Unless Sainsbury actually makes an effort to close \nabove 225p anytime soon, it’s trading in a region where below 192p risks \nreversal down to an initial 167p. Worse, if broken, our longer term secondary \n(and hopefully bottom) calculates down at 138p. We can go lower as ultimate \nbottom, the point we cannot calculate below, is at 100p. At present, nothing \nthreatens such a calamity<\/p>\n\n\n\n

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

\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

9:51:24PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

61.65<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

9:53:13PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1503.86<\/font><\/TD>

\n\t

1501<\/font><\/TD>

\n\t

1497.5<\/font><\/TD>

\n\t

1485<\/font><\/TD>

\n\t

1508<\/font><\/TD>

\n\t

1508<\/font><\/TD>

\n\t

1509.5<\/font><\/TD>

\n\t

1512.74<\/font><\/TD>

\n\t

1502<\/font><\/TD>

\n\t

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

\n\t

9:55:25PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7306.38<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:00:14PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5595.2<\/font><\/TD>

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

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

\n\t

10:02:19PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12264<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:04:50PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

2984.97<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

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

\n\t

DOW<\/font><\/TD>

\n\t

26984<\/font><\/TD>

\n\t

26734<\/font><\/TD>

\n\t

26618<\/font><\/TD>

\n\t

26481<\/font><\/TD>

\n\t

26915<\/font><\/TD>

\n\t

27028<\/font><\/TD>

\n\t

27078.5<\/font><\/TD>

\n\t

27205<\/font><\/TD>

\n\t

26884<\/font><\/TD>

\n\t

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

\n\t

10:37:02PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7805<\/font><\/TD>

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

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

\n\t

10:42:53PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

22030<\/font><\/TD>

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

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

25\/09\/2019 FTSE Closed at 7289 points. Change of -0.03%. Total value traded through LSE was: \u00a3 4,597,482,306 a change of -12.72%<\/h>\n","protected":false},"excerpt":{"rendered":"

#Gold #WallSt With all this Brexit hullabaloo, we’ve a sneaking suspicion the markets anticipate the major supermarkets to do rather well in the event of any supplies crisis. After all, in times of shortage or disruptions, retailers price goods against “worst possible” scenario. Almost accidentally, they will generally do rather well out of a major … <\/p>\n

Continue reading “Sainsbury for 26\/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-1233","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1233","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=1233"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1233\/revisions"}],"predecessor-version":[{"id":1234,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1233\/revisions\/1234"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1233"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}