{"id":1442,"date":"2019-12-16T23:20:14","date_gmt":"2019-12-16T23:20:14","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1442"},"modified":"2019-12-17T11:01:46","modified_gmt":"2019-12-17T11:01:46","slug":"sports-direct-intl-17-12-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/12\/16\/sports-direct-intl-17-12-2019\/","title":{"rendered":"Sports Direct Intl 17\/12\/2019"},"content":{"rendered":"\n

#Gold #SP500<\/strong> Sometimes we’re surprised at the sheer speed of a price movement, when criteria are satisfied. In the case of #SportsDirect, our analysis in September (link) suggested price levels above which the share almost “had” to move. It moved and now, resides in what’s commonly called ‘Game Changing’ territory.<\/p>\n\n\n\n

To be fair, it’s ALMOST in Game Changing territory. \nThere’s a tiny little problem with the price visuals and it relates to a \ndowntrend which began in April 2014. Currently this trend line is at 474.736p \nand the market opted to close Sports Direct at 472.2p. It’s almost like someone \nhad a crayon, drew a line, and said “No Further!”. If the situation is indeed to \nprove Game Changing, the first box we require ticked is of the share price \nactually closing a session above the Blue line on the chart.<\/p>\n\n\n\n

The immediate situation gives some hope as movement \nnear term exceeding 476p is supposed to head upward to an initial 512p. If we \nplay safe and sane, only with moves beyond 512p dare we believe future recovery \nto an initial 564p makes sense. If exceeded, our Big Picture secondary \ncalculates at 698p and visually, this sort of level appears to be a Glass \nCeiling in Waiting for the future. <\/p>\n\n\n\n

At present, it’s pretty difficult to define a danger \nlevel for the price. Movements since September suggest the share requires below \n290p to justify panic as this could easily provoke a reversal cycle to 144p. \nWe’d suspect the company would need announce a sponsorship deal with Russian \nathletes for the forthcoming Olympics, if they’re serious about driving the \nprice down. <\/p>\n\n\n\n

For now, quite a lot of hope remains for Sports Direct \nshare price and we think it shall prove a matter of patience, along with \npositive overall market conditions.<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n\n
\n\t

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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10:24:29PM<\/font><\/td>

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BRENT<\/font><\/td>

\n\t

64.78<\/font><\/td>

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<\/td> <\/TR>\n

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10:27:03PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1476.96<\/font><\/td>

\n\t

1465<\/font><\/td>

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1460.5<\/font><\/td>

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1454<\/font><\/td>

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1475<\/font><\/td>

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1480<\/font><\/td>

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1482.75<\/font><\/td>

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1490<\/font><\/td>

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1465<\/font><\/td>

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<\/td> <\/TR>\n

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10:29:59PM<\/font><\/td>

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FTSE<\/font><\/td>

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7523.5<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

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

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10:38:27PM<\/font><\/td>

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FRANCE<\/font><\/td>

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5986<\/font><\/td>

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‘cess<\/font><\/td> <\/TR>\n

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10:54:55PM<\/font><\/td>

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GERMANY<\/font><\/td>

\n\t

13401<\/font><\/td>

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<\/td> <\/TR>\n

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10:56:11PM<\/font><\/td>

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US500<\/font><\/td>

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3191.85<\/font><\/td>

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3177<\/font><\/td>

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3169.5<\/font><\/td>

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3160<\/font><\/td>

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3184<\/font><\/td>

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3198<\/font><\/td>

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3205<\/font><\/td>

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3212<\/font><\/td>

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3179<\/font><\/td>

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‘cess<\/font><\/td> <\/TR>\n

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10:59:59PM<\/font><\/td>

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DOW<\/font><\/td>

\n\t

28239.8<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n

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11:02:42PM<\/font><\/td>

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NASDAQ<\/font><\/td>

\n\t

8572.75<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

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

\n\t

11:04:32PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

24110<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

16\/12\/2019 FTSE Closed at 7519 points. Change of 2.26%. Total value traded through LSE was: \u00a3 8,678,908,281 a change of -19.58%<\/h><\/p>\n
13\/12\/2019 FTSE Closed at 7353 points. Change of 1.1%. Total value traded through LSE was: \u00a3 10,792,434,555 a change of 97.15%<\/h><\/p>\n
12\/12\/2019 FTSE Closed at 7273 points. Change of 0.79%. Total value traded through LSE was: \u00a3 5,474,098,560 a change of -29.24%<\/h><\/p>\n
11\/12\/2019 FTSE Closed at 7216 points. Change of 0.04%. Total value traded through LSE was: \u00a3 7,735,942,999 a change of 44.42%<\/h><\/p>\n
10\/12\/2019 FTSE Closed at 7213 points. Change of -0.28%. Total value traded through LSE was: \u00a3 5,356,569,029 a change of 11.8%<\/h><\/p>\n
9\/12\/2019 FTSE Closed at 7233 points. Change of -0.08%. Total value traded through LSE was: \u00a3 4,791,115,303 a change of -0.49%<\/h><\/p>\n
6\/12\/2019 FTSE Closed at 7239 points. Change of 1.43%. Total value traded through LSE was: \u00a3 4,814,897,408 a change of -16.68%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#Gold #SP500 Sometimes we’re surprised at the sheer speed of a price movement, when criteria are satisfied. In the case of #SportsDirect, our analysis in September (link) suggested price levels above which the share almost “had” to move. It moved and now, resides in what’s commonly called ‘Game Changing’ territory. To be fair, it’s ALMOST … <\/p>\n

Continue reading “Sports Direct Intl 17\/12\/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-1442","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1442","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=1442"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1442\/revisions"}],"predecessor-version":[{"id":1443,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1442\/revisions\/1443"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1442"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}