{"id":1474,"date":"2020-01-12T23:59:47","date_gmt":"2020-01-12T23:59:47","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1474"},"modified":"2020-01-13T08:24:05","modified_gmt":"2020-01-13T08:24:05","slug":"kingfisher-13-01-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/12\/kingfisher-13-01-2020\/","title":{"rendered":"Kingfisher 13\/01\/2020"},"content":{"rendered":"\n

#Brent #DAX <\/strong>When the US President, Mr Trump, recently moaned about the poor quality of modern toilet flushes, there was a definite “hold on a minute” in-house as we’d made an identical comment, one alas ignored by the worlds media. It was June last year (link<\/a><\/strong>) and an article about Kingfisher (aka B&Q), along with the reasons their share price was going to flush itself down to 184p. <\/p>\n\n\n\n

We were correct about modern toilets and their illusory water savings and oh, \nyes, we were also correct about 184p as a rebound level.<\/p>\n\n\n\n

Importantly, our 184p drop ambition was not breached, this giving the hope \nthe current (somewhat moderate) rebound shall prove to have some integrity. The \nimmediate situation suggests above 230p should now aim for an initial 240p with \nsecondary, if bettered, calculating at a longer term 267p. Visually, it appears \nany rise risks foundering at the 267p as there’s little doubt a glass ceiling \nawaits at such a level.<\/p>\n\n\n\n

That’s about the end of any positive spin on this story as we’re nervous at \nthe slavish attention being paid to the downtrend since 2018. It has created the \nsituation, where weakness now below the trend (208 presently) signals the \nprospect of reversal to an initial 197p with secondary, when broken, down at \n175p. The secondary level scares us more than a modern WC as it takes the price \ninto a region with 141p as “bottom”.<\/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>

\n\t

7:52:28PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

64.77<\/font><\/TD>

\n\t

64.51<\/font><\/TD>

\n\t

64.08<\/font><\/TD>

\n\t

63.13<\/font><\/TD>

\n\t

65.76<\/font><\/TD>

\n\t

65.76<\/font><\/TD>

\n\t

66.145<\/font><\/TD>

\n\t

66.75<\/font><\/TD>

\n\t

64.57<\/font><\/TD>

\n\t

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

\n\t

7:54:52PM<\/font><\/TD>

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GOLD<\/font><\/TD>

\n\t

1562.49<\/font><\/TD>

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

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

\n\t

8:08:11PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7570.69<\/font><\/TD>

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

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

\n\t

8:29:00PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

6017<\/font><\/TD>

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

\n\t

9:48:39PM<\/font><\/TD>

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GERMANY<\/font><\/TD>

\n\t

13447.65<\/font><\/TD>

\n\t

13430<\/font><\/TD>

\n\t

13413<\/font><\/TD>

\n\t

13379<\/font><\/TD>

\n\t

13519<\/font><\/TD>

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13555<\/font><\/TD>

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13628<\/font><\/TD>

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13688<\/font><\/TD>

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13433<\/font><\/TD>

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

\n\t

10:20:41PM<\/font><\/TD>

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US500<\/font><\/TD>

\n\t

3263.42<\/font><\/TD>

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

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

\n\t

10:23:09PM<\/font><\/TD>

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DOW<\/font><\/TD>

\n\t

28806<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:35:22PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

8962.12<\/font><\/TD>

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

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:37:34PM<\/font><\/TD>

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JAPAN<\/font><\/TD>

\n\t

23684<\/font><\/TD>

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

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

 <\/p>\n

10\/01\/2020 FTSE Closed at 7587 points. Change of -0.14%. Total value traded through LSE was: \u00a3 5,210,689,793 a change of -8.73%<\/h><\/p>\n
9\/01\/2020 FTSE Closed at 7598 points. Change of 0.32%. Total value traded through LSE was: \u00a3 5,708,798,775 a change of 5.62%<\/h><\/p>\n
8\/01\/2020 FTSE Closed at 7574 points. Change of 0.01%. Total value traded through LSE was: \u00a3 5,404,992,564 a change of 14%<\/h><\/p>\n
7\/01\/2020 FTSE Closed at 7573 points. Change of -0.03%. Total value traded through LSE was: \u00a3 4,741,303,337 a change of 0.44%<\/h><\/p>\n
6\/01\/2020 FTSE Closed at 7575 points. Change of -0.62%. Total value traded through LSE was: \u00a3 4,720,635,792 a change of 20.67%<\/h><\/p>\n
3\/01\/2020 FTSE Closed at 7622 points. Change of -100%. Total value traded through LSE was: \u00a3 3,912,167,844 a change of 0%<\/h><\/p>\n
30\/12\/2019 FTSE Closed at 7587 points. Change of 0%. Total value traded through LSE was: \u00a3 3,213,676,764 a change of 0%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#Brent #DAX When the US President, Mr Trump, recently moaned about the poor quality of modern toilet flushes, there was a definite “hold on a minute” in-house as we’d made an identical comment, one alas ignored by the worlds media. It was June last year (link) and an article about Kingfisher (aka B&Q), along with … <\/p>\n

Continue reading “Kingfisher 13\/01\/2020”<\/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-1474","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1474","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=1474"}],"version-history":[{"count":3,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1474\/revisions"}],"predecessor-version":[{"id":1478,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1474\/revisions\/1478"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1474"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}