{"id":1630,"date":"2020-03-03T23:39:28","date_gmt":"2020-03-03T23:39:28","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1630"},"modified":"2020-03-04T08:14:55","modified_gmt":"2020-03-04T08:14:55","slug":"eddie-stobart-4-03-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/03\/eddie-stobart-4-03-2020\/","title":{"rendered":"Eddie Stobart 4\/03\/2020"},"content":{"rendered":"\n<p><strong>#FTSE #Nasdaq <\/strong>We try and limit ourselves to one day a week, when it  comes to answering email requests. Thankfully, recently relisted #Stobart feature strongly in requests this week, making the choice easy. Sometimes, we suspect Lynn Bowles of Radio2 Ken Bruce Show fame must shoulder some of the blame for Stobarts decline!<\/p>\n\n\n\n<p>When, after 18 years, Lynn Bowles \nstopped her traffic reports on Radio 2 in March 2018, a decline of Stobarts \nshare price followed shortly thereafter, a company often mentioned as their \ndrivers seemed to be a great source of her live traffic information. As the \nchart shows, when the famous banter between Ken Bruce and Lynn Bowles ended, the \nlogistics company share price started a painful downhill road. Rather more \nprobably the market knew better.<\/p>\n\n\n\n<p>Absolute bottom against this share \ncalculates down at 2p, this being the level we cannot calculate below. In fact, \nsome concern will be justified with anything now below 6.8 as this shall be \nregarded as early warning for a further decline.<\/p>\n\n\n\n<p>Thankfully, it&#8217;s easier to be \nslightly optimistic against the share as there&#8217;s a chance last weeks 4.5p \nfollowing relisting will be deemed &#8220;close enough&#8221; to bottom to justify a proper \nbounce. Presently, the share price needs trade above 15p to calculate with an \ninitial recovery target of 22p. If exceeded, our secondary ambition works out at \n27p. Unfortunately neither target comes close to covering the gap from 71p, nor \ntroubling the long term Blue downtrend. However, it will be worth watching if \nthe market finds any reason to exceed 27p in the weeks and months ahead. To be \nblunt, any such movement will tend suggest the drop was overcooked, giving \nconsiderable hope the market intends force the price upward again.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/esl030320.jpg\" alt=\"Hey, chart goes here\"\/><\/figure>\n\n\n\n<\/p>\n\n<TABLE BORDER=2>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">Time Issued<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Market<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Price At Issue<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Short Entry<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Long Entry<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Fast Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Slow Exit<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Stop<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Prior<\/font><\/td> <\/TR>\n<A name=\"FUTURES594\"><font size=\"2\">FUTURES<\/font><\/a><TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:33:52PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">BRENT<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">51.75<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">50.69<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:36:33PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GOLD<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1641.59<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">1620<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:41:04PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FTSE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6626<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6605<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6538.5<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6435<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6704<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6723<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6779.25<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6804<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">6640<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:45:13PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">FRANCE<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">5322<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:47:33PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">GERMANY<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">11780.18<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Sorry<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">10:50:04PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">US500<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">2991.52<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Success<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">11:06:53PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">DOW<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">25808<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><font size=\"2\">&#8216;cess<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">11:09:04PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">NASDAQ<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8531<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8509<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8353<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8137<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8734<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8792<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8837<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8943<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">8561<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">Shambles<\/font><\/td> <\/TR>\n<TR> <td>\n\t<p align=\"center\"><font size=\"2\">11:16:53PM<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">JAPAN<\/font><\/td> <td>\n\t<p align=\"center\"><font size=\"2\">20823<\/font><\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t&nbsp;<\/td> <td>\n\t<p align=\"center\"><\/td> <\/TR>\n\n<\/TABLE>\n\n<p class=\"MsoNormal\">&nbsp;<\/p>\n<H5> 3\/03\/2020 FTSE Closed at 6718 points. Change of 0.96%. Total value traded through LSE was: \u00a3       8,783,341,942 a change of -20.21%<\/h><\/p>\n<H5> 2\/03\/2020 FTSE Closed at 6654 points. Change of 1.12%. Total value traded through LSE was: \u00a3      11,007,742,370 a change of -20.6%<\/h><\/p>\n<H5>28\/02\/2020 FTSE Closed at 6580 points. Change of -3.18%. Total value traded through LSE was: \u00a3      13,863,850,185 a change of 59.9%<\/h><\/p>\n<H5>27\/02\/2020 FTSE Closed at 6796 points. Change of -3.49%. Total value traded through LSE was: \u00a3       8,670,151,517 a change of 31.45%<\/h><\/p>\n<H5>26\/02\/2020 FTSE Closed at 7042 points. Change of 0.36%. Total value traded through LSE was: \u00a3       6,595,554,712 a change of -16.85%<\/h><\/p>\n<H5>25\/02\/2020 FTSE Closed at 7017 points. Change of -1.94%. Total value traded through LSE was: \u00a3       7,932,387,742 a change of 6.36%<\/h><\/p>\n<H5>24\/02\/2020 FTSE Closed at 7156 points. Change of -3.34%. Total value traded through LSE was: \u00a3       7,457,826,437 a change of 17.05%<\/h><\/p>\n<a target=\"_blank\" href=\"http:\/\/www.trendsandtargets.com\/offer_subscribe.html\" rel=\"noopener noreferrer\">\n<IMG border=\"1\" src=\"http:\/\/www.trendsandtargets.com\/images\/specialoffer.gif\">\n","protected":false},"excerpt":{"rendered":"<p>#FTSE #Nasdaq We try and limit ourselves to one day a week, when it comes to answering email requests. Thankfully, recently relisted #Stobart feature strongly in requests this week, making the choice easy. Sometimes, we suspect Lynn Bowles of Radio2 Ken Bruce Show fame must shoulder some of the blame for Stobarts decline! When, after &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/03\/eddie-stobart-4-03-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eddie Stobart 4\/03\/2020&#8221;<\/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-1630","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1630","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=1630"}],"version-history":[{"count":3,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1630\/revisions"}],"predecessor-version":[{"id":1633,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1630\/revisions\/1633"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1630"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}