Marina’s everywhere have a corner where junk piles up, generally awaiting a surprise bonfire once folk have picked everything clean. Our local marina here in Argyll is no different, except the sight of a 40 foot vessel dumped on its side was something of a show stopper. Locally, or so the gossip goes, the owner was financially wiped out in the 2009 market crash, vanishing and leaving the vessel behind in the middle of a major engine replacement. Seventeen years later, the boat has been scrapped as an uneconomical repair, lawyers having apparently extracted every possible fee.
It’s a sad sight.
However, not everything hit by 2009 has failed to recover. Legal & General has resurfaced from their 25p low, now offering the highest dividend yield (7.1%) of the entire FTSE 100. Additionally, their share price is skirting with the concept of achieving a new all time high!
According to our calculations, the situation now suggests movement above 317p should prove capable of triggering a further lift to an initial 328p with our secondary, if bettered, working out at a future 364p. Overall, we are being encouraged to below the share price is now sailing in a zone, where a distant long term 412p is exerting an attraction!
Should the market decide to foul things up slightly, below 285 would be regarded as an early signal for trouble, warning of the risk for reversal to 273 with our secondary, if such a level is punctured, bringing the threat of a probable bottom at 255p.
For now, we are inclined toward hope for the future, something sadly lacking for that impressive looking gin palace boat.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:05:59PM | BRENT | 8983.2 | Shambles | ||||||||
| 11:12:09PM | GOLD | 4337.41 | 4328 | 4304 | 4260 | 4348 | 4407 | 4427 | 4460 | 4387 | |
| 11:15:11PM | FTSE | 10723.2 | 10702 | 10680 | 10646 | 10732 | 10782 | 10792 | 10822 | 10746 | |
| 11:18:08PM | GERMANY | 26130.1 | |||||||||
| 12:55:37AM | US500 | 7694 | |||||||||
| 1:00:26AM | DOW | 53312.8 | |||||||||
| 1:04:30AM | NASDAQ | 29448.7 | Success | ||||||||
| 1:09:25AM | JAPAN | 66014 |
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.
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
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.
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.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
Click Epic to jump to share: LSE:AML Aston Martin** **LSE:AV. Aviva** **LSE:GLEN Glencore Xstra** **LSE:TLW Tullow** **
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Updated charts published on : Aston Martin, Aviva, Glencore Xstra, Tullow,
LSE:AML Aston Martin. Close Mid-Price: 34.28 Percentage Change: + 0.00% Day High: 35.9 Day Low: 33.38
In the event of AML share price managing to break below 33.38 (obviously, ……..
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View Previous Aston Martin & Big Picture ***
LSE:AV. Aviva. Close Mid-Price: 737 Percentage Change: + 0.00% Day High: 740.2 Day Low: 728
In the event of Aviva enjoying further trades beyond 740.2, the share sho ……..
</p
View Previous Aviva & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 551.2 Percentage Change: + 0.00% Day High: 556 Day Low: 546.4
This needs above 580 to next trigger a visit to an initial 628 with our se ……..
</p
View Previous Glencore Xstra & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 17.2 Percentage Change: + 0.00% Day High: 17.2 Day Low: 15.7
The next task for Tullow is to get the price above 17.2 (not with a fake ……..
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View Previous Tullow & Big Picture ***
*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.
Click Epic to jump to share:LSE:AAL Anglo American** **LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **