{"id":5042,"date":"2024-06-12T01:11:34","date_gmt":"2024-06-12T00:11:34","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=5042"},"modified":"2024-06-12T01:11:34","modified_gmt":"2024-06-12T00:11:34","slug":"eurasia-mining-plc-lseeua-at-around-3-475-at-time-of-writing","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2024\/06\/12\/eurasia-mining-plc-lseeua-at-around-3-475-at-time-of-writing\/","title":{"rendered":"Eurasia Mining Plc (LSE:EUA) at around 3.475 at time of writing."},"content":{"rendered":"

#Gold #FTSE\u00a0<\/b>\u00a0When we previously reviewed Eurasia back in August 2021, we projected a drop target of just 10p, an ambition it achieved just a few months later at the start of 2022. Unfortunately, the initial drop to 10p substantially broke this drop target (circled) and despite a bounce thereafter, the share price slithered into the realms of incalculable, a zone where we could no longer work out any sane drop targets.<\/span><\/p>\n

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Despite a deluge of emails asking our opinion of what’s going on at present, about the best we can give is a deep intake of breath as price movements look like they reflect over-enthusiasm from internet chat rooms. Essentially, the ebb and flow of price changes has the usual 30 minute surge based on optimism in chatrooms, inevitably followed by reversals due to selling pressures. But unfortunately, the rises appear unable to adhere with the result, we suspect the share shall retreat back to the levels before any chatroom driver optimism.<\/span><\/p>\n

Arithmetically, it needs below 2.25p at which point we expect it shall trigger reversal to 1.21p, a level below which we cannot calculate.<\/span><\/p>\n

 <\/p>\n

However, when we review price movements since its recent high, they don’t seem totally random and invariably have created a scenario where some recovery is hopeful. Above 3.8p presently looks capable of presenting a surge upward to an initial 5.1p, not the worst ambition. Our secondary, if 5.1p is exceeded, calculates at 7.4p and almost exactly matches the previous high. Unfortunately, this has the potential to create a chart picture where the doomsayers shall sagely pronounce “double top”, anticipating another price crash and creating a self fulfilling prophecy for chatroom consumption. <\/span><\/p>\n

And at this point, there’s a reasonable chance they could be utterly wrong. Share price closure around the initial target level of 5.1p is liable to present a game changing potential for the longer term. Hopefully the company don’t start issuing further “We know no reason for recent price movements” RNS’s. <\/span><\/p>\n

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FUTURES<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Time Issued<\/span><\/td>\nMarket<\/span><\/td>\nPrice At Issue<\/span><\/td>\nShort Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nLong Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nPrior<\/span><\/td>\n<\/tr>\n
10:22:11PM<\/span><\/td>\nBRENT<\/span><\/td>\n8204.3<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
10:25:20PM<\/span><\/td>\nGOLD<\/span><\/td>\n2316.36<\/span><\/td>\n2287<\/span><\/td>\n2277<\/span><\/td>\n2263<\/span><\/td>\n2302<\/span><\/td>\n2320<\/span><\/td>\n2326<\/span><\/td>\n2339<\/span><\/td>\n2305<\/span><\/td>\nShambles<\/span><\/td>\n<\/tr>\n
10:27:59PM<\/span><\/td>\nFTSE<\/span><\/td>\n8143.4<\/span><\/td>\n8114<\/span><\/td>\n8038<\/span><\/td>\n7929<\/span><\/td>\n8159<\/span><\/td>\n8160<\/span><\/td>\n8173<\/span><\/td>\n8193<\/span><\/td>\n8133<\/span><\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
10:31:03PM<\/span><\/td>\nSTOX50<\/span><\/td>\n4969<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
10:39:56PM<\/span><\/td>\nGERMANY<\/span><\/td>\n18381.5<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:42:24PM<\/span><\/td>\nUS500<\/span><\/td>\n5376<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
10:46:19PM<\/span><\/td>\nDOW<\/span><\/td>\n38723<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:51:21PM<\/span><\/td>\nNASDAQ<\/span><\/td>\n19214<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:54:59PM<\/span><\/td>\nJAPAN<\/span><\/td>\n38922<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nShambles<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

11\/06\/2024 FTSE Closed at 8147 points. Change of -0.98%. Total value traded through LSE was: \u00a3 7,940,759,501 a change of 69.47%<\/h5>\n
10\/06\/2024 FTSE Closed at 8228 points. Change of -0.21%. Total value traded through LSE was: \u00a3 4,685,518,096 a change of -0.6%<\/h5>\n
7\/06\/2024 FTSE Closed at 8245 points. Change of -0.48%. Total value traded through LSE was: \u00a3 4,713,927,581 a change of 0.32%<\/h5>\n
6\/06\/2024 FTSE Closed at 8285 points. Change of 0.47%. Total value traded through LSE was: \u00a3 4,698,915,634 a change of -17.77%<\/h5>\n
5\/06\/2024 FTSE Closed at 8246 points. Change of 0.17%. Total value traded through LSE was: \u00a3 5,714,375,018 a change of -25.64%<\/h5>\n
4\/06\/2024 FTSE Closed at 8232 points. Change of -0.36%. Total value traded through LSE was: \u00a3 7,684,560,050 a change of 30.84%<\/h5>\n
3\/06\/2024 FTSE Closed at 8262 points. Change of -0.16%. Total value traded through LSE was: \u00a3 5,873,182,024 a change of -59.21% <\/a><\/h5>\n

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.<\/span><\/span><\/p>\n

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION <\/span><\/span><\/p>\n

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.<\/span><\/span><\/p>\n

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.<\/span><\/span><\/p>\n

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…<\/p>\n

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Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares<\/h4>\n

<\/a>Click Epic to jump to share: LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IPF International Personal Finance** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **<\/p>\n

********<\/p>\n

Updated charts published on : Avacta, Astrazeneca, Genel, Gulf Keystone, International Personal Finance, Oxford Instruments, Rolls Royce,<\/p>\n

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LSE:AVCT Avacta<\/span>. Close Mid-Price: 40.75 Percentage Change: + 0.62% Day High: 41 Day Low: 40.25<\/h4>\n

If Avacta experiences continued weakness below 40.25, it will invariably l ……..<\/span><\/p>\n

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LSE:AZN Astrazeneca Close Mid-Price: 12376 Percentage Change: -1.78% Day High: 12682 Day Low: 12342 <\/span><\/h4>\n

Continued trades against AZN with a mid-price ABOVE 12682 should improve ……..<\/span><\/p>\n

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LSE:GENL Genel<\/span>. Close Mid-Price: 101.6 Percentage Change: + 1.60% Day High: 101.8 Day Low: 97.4<\/h4>\n

Further movement against Genel ABOVE 101.8 should improve acceleration to ……..<\/span><\/p>\n

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LSE:GKP Gulf Keystone Close Mid-Price: 141.9 Percentage Change: -3.14% Day High: 148 Day Low: 142 <\/span><\/h4>\n

In the event of Gulf Keystone enjoying further trades beyond 148, the sha ……..<\/span><\/p>\n

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LSE:IPF International Personal Finance<\/span>. Close Mid-Price: 126 Percentage Change: + 3.28% Day High: 128 Day Low: 125.5<\/h4>\n

All International Personal Finance needs are mid-price trades ABOVE 128 t ……..<\/span><\/p>\n

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LSE:OPG OPG Power Ventures Close Mid-Price: 10.25 Percentage Change: -2.38% Day High: 10.6 Day Low: 10.25 <\/span><\/h4>\n

This is getting dodgy as below 10.2 now suggests coming weakness to 9.4 wi ……..<\/span><\/p>\n

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LSE:OXIG Oxford Instruments<\/span>. Close Mid-Price: 2635 Percentage Change: + 7.11% Day High: 2765 Day Low: 2495<\/h4>\n

Target met. In the event of Oxford Instruments enjoying further trades be ……..<\/span><\/p>\n

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LSE:RR. Rolls Royce<\/span>. Close Mid-Price: 465 Percentage Change: + 0.00% Day High: 470.1 Day Low: 459.3<\/h4>\n

All Rolls Royce needs are mid-price trades ABOVE 470.1 to improve acceler ……..<\/span><\/p>\n

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View Previous Rolls Royce & Big Picture *** <\/a><\/p>\n

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*** End of “Updated Today” comments on shares<\/span><\/h2>\n","protected":false},"excerpt":{"rendered":"

#Gold #FTSE\u00a0\u00a0When we previously reviewed Eurasia back in August 2021, we projected a drop target of just 10p, an ambition it achieved just a few months later at the start of 2022. Unfortunately, the initial drop to 10p substantially broke this drop target (circled) and despite a bounce thereafter, the share price slithered into the … <\/p>\n

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