{"id":1692,"date":"2020-03-22T23:25:56","date_gmt":"2020-03-22T23:25:56","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1692"},"modified":"2020-03-23T07:24:47","modified_gmt":"2020-03-23T07:24:47","slug":"wetherspoons-for-23-03-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/22\/wetherspoons-for-23-03-2020\/","title":{"rendered":"Wetherspoons for 23\/03\/2020"},"content":{"rendered":"<p><strong>#Brent #DAX <\/strong> Achieving notoriety, attempting to claim people congregating will not stop Covid-19, was probably ill-advised for the boss of Wetherspoon. Unthinkingly, he put the public in the awful position of agreeing with Piers Morgan, a publicity hungry celeb, who was ridiculing the notion of pubs remaining open.<\/p>\n<p>It did give reason to pause and wonder, just how bad things risk getting for the pub chain which operates nearly 900 outlets. It&#8217;s hard to imagine a quick area of diversification for their premises, other than as &#8220;pop up&#8221; medical care centres! The option of free drinks for those who recover may make it palatable&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p>All joking aside, Wetherspoons share price isn&#8217;t looking terribly healthy at present, a state of affairs likely to continue until such time some clarity is available on how long closures shall last. At time of writing, they&#8217;re trading around 700p and it looks like weakness below 616p risks further reversal to an initial 383p. If broken, our secondary &#8220;BOTTOM&#8221; calculation comes in at 181p.<\/p>\n<p>Unlike other shares, we cannot be coy and toss out a number below 181p. This 181p level represents the number we cannot calculate below without presenting values prefaced with minus signs.<\/p>\n<p>&nbsp;<\/p>\n<p>For any miracle to occur with Wetherspoons share price, it requires to actually CLOSE a session above RED on the chart, presently 775p. In the absence of Covid-19 miracles, it feels like this share price is about to face a bit of a hammering.<\/p>\n<p>&nbsp;<\/p>\n<p>FTSE &#8211; Our daily public glance at the FTSE last week proved popular. We shall probably continue the exercise this week.<\/p>\n<p><span style=\"font-family: Arial; font-size: medium;\"><span style=\"font-size: medium;\"> <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.trendsandtargets.com\/img\/jdw220320.jpg\" alt=\"Hey, chart goes here\" width=\"610\" height=\"386\" border=\"0\" \/><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>FUTURES<\/p>\n<table>\n<tbody>\n<tr>\n<td>Time Issued<\/td>\n<td>Market<\/td>\n<td>Price At Issue<\/td>\n<td>Short Entry<\/td>\n<td>Fast Exit<\/td>\n<td>Slow Exit<\/td>\n<td>Stop<\/td>\n<td>Long Entry<\/td>\n<td>Fast Exit<\/td>\n<td>Slow Exit<\/td>\n<td>Stop<\/td>\n<td>Prior<\/td>\n<\/tr>\n<tr>\n<td>9:53:09PM<\/td>\n<td>BRENT<\/td>\n<td>28.73<\/td>\n<td>28.1<\/td>\n<td>27.465<\/td>\n<td>25.9<\/td>\n<td>30.3<\/td>\n<td>30.8<\/td>\n<td>31.405<\/td>\n<td>32.5<\/td>\n<td>28.8<\/td>\n<td>Success<\/td>\n<\/tr>\n<tr>\n<td>9:54:56PM<\/td>\n<td>GOLD<\/td>\n<td>1499.28<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td>&#8216;cess<\/td>\n<\/tr>\n<tr>\n<td>9:59:04PM<\/td>\n<td>FTSE<\/td>\n<td>5023.26<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td>&#8216;cess<\/td>\n<\/tr>\n<tr>\n<td>10:02:24PM<\/td>\n<td>FRANCE<\/td>\n<td>3905<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td>Success<\/td>\n<\/tr>\n<tr>\n<td>10:04:17PM<\/td>\n<td>GERMANY<\/td>\n<td>8612.27<\/td>\n<td>8573<\/td>\n<td>8351<\/td>\n<td>8068<\/td>\n<td>8787<\/td>\n<td>8798<\/td>\n<td>8835.5<\/td>\n<td>8923<\/td>\n<td>8648<\/td>\n<td>&#8216;cess<\/td>\n<\/tr>\n<tr>\n<td>10:08:27PM<\/td>\n<td>US500<\/td>\n<td>2184.77<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td>&#8216;cess<\/td>\n<\/tr>\n<tr>\n<td>10:11:55PM<\/td>\n<td>DOW<\/td>\n<td>18225<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td>&#8216;cess<\/td>\n<\/tr>\n<tr>\n<td>10:15:21PM<\/td>\n<td>NASDAQ<\/td>\n<td>6643.62<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td>Sorry<\/td>\n<\/tr>\n<tr>\n<td>10:17:54PM<\/td>\n<td>JAPAN<\/td>\n<td>15835<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td>Sorry<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h5>20\/03\/2020 FTSE Closed at 5190 points. Change of 0.76%. Total value traded through LSE was: \u00a3 13,793,008,167 a change of 30.09%<\/h5>\n<h5>19\/03\/2020 FTSE Closed at 5151 points. Change of 1.4%. Total value traded through LSE was: \u00a3 10,602,721,602 a change of 9.14%<\/h5>\n<h5>18\/03\/2020 FTSE Closed at 5080 points. Change of -4.04%. Total value traded through LSE was: \u00a3 9,714,451,101 a change of 6.42%<\/h5>\n<h5>17\/03\/2020 FTSE Closed at 5294 points. Change of 2.78%. Total value traded through LSE was: \u00a3 9,128,689,221 a change of -13.38%<\/h5>\n<h5>16\/03\/2020 FTSE Closed at 5151 points. Change of -4.01%. Total value traded through LSE was: \u00a3 10,538,775,450 a change of -6.31%<\/h5>\n<h5>13\/03\/2020 FTSE Closed at 5366 points. Change of 2.46%. Total value traded through LSE was: \u00a3 11,248,883,463 a change of 60.84%<\/h5>\n<h5>12\/03\/2020 FTSE Closed at 5237 points. Change of -10.87%. Total value traded through LSE was: \u00a3 6,993,953,766 a change of -24.85%<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>#Brent #DAX Achieving notoriety, attempting to claim people congregating will not stop Covid-19, was probably ill-advised for the boss of Wetherspoon. Unthinkingly, he put the public in the awful position of agreeing with Piers Morgan, a publicity hungry celeb, who was ridiculing the notion of pubs remaining open. It did give reason to pause and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/22\/wetherspoons-for-23-03-2020\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wetherspoons for 23\/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-1692","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1692","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=1692"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1692\/revisions"}],"predecessor-version":[{"id":1693,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1692\/revisions\/1693"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1692"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}