Rentokil Initial Plc is ‘interesting!’

#FTSE #WallSt Rentokil share price movements on 14th December starkly illustrate the ‘market truism’, “Buy on the rumour, Sell on the news!”. Ending the day down 12%, the company announced they had become the largest Pest Control company in the world, taking over US company Terminex. With depressing inevitability, the eventual reversal to end the day down was attributed to the terms of the deal but we’re not sold on this concept.

We can be cynical, due to the price level the share closed the day at (547.6p), along with a simple calculation to discover the exact, immediate, level of the Red line. It works out the share price was required to close the day below 547.485p to successfully break Red. By an amazing stroke of luck (?), the share price ended the session 12/100th of a penny above the trend, presumably in safety and a point at which we may hope for a bounce.

From a near term perspective, the share price needs exceed 582p to trigger a prospective early warning signal. Recovery such as this allows for an initial 612p but should a reason be discovered to trade above 612p, things are liable to become interesting for the longer term, calculating with the suggestion of ongoing growth to 696p with secondary, if bettered, at 726p and a very probable point of hesitation.

 

When we examine the potentials, should a reversal scenario occur, the price looks like it actually needs below 533p to provoke a serious trigger, one which calculates as capable of bringing further slumps to 510p initially. Should such a level break, we can work out a secondary at 472p, a share price level which suggests a bounce can be hoped.

In conclusion, the chart overall looks pretty positive and while we’re perhaps grasping at straws with our observations on the company closing price for the 14th, there was clearly some sort of justification for the market ensuring the closing price didn’t break trend. Multiple experiences in the past tend suggest this is something worth paying attention to.

Once again, our thanks to the folk who discover adverts on this page worthy of visiting.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:22:42PM BRENT 73.26 ‘cess
9:24:38PM GOLD 1771.29 Success
9:26:54PM FTSE 7226.42 7206 7178 7148 7266 7287 7305 7338 7223 ‘cess
9:29:09PM FRANCE 6915.8 ‘cess
9:48:52PM GERMANY 15524 Success
9:51:18PM US500 4637.72 Success
9:53:49PM DOW 35569 35438 35340 35074 35595 35780 35866 36010 35598 ‘cess
9:56:30PM NASDAQ 15934 Success
9:58:47PM JAPAN 28322 ‘cess

 

14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%
13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%
10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%
9/12/2021 FTSE Closed at 7321 points. Change of -0.22%. Total value traded through LSE was: £ 5,443,441,871 a change of -11.44%
8/12/2021 FTSE Closed at 7337 points. Change of -0.04%. Total value traded through LSE was: £ 6,146,296,986 a change of 1.35%
7/12/2021 FTSE Closed at 7340 points. Change of 1.49%. Total value traded through LSE was: £ 6,064,412,188 a change of 23.32%
6/12/2021 FTSE Closed at 7232 points. Change of 1.54%. Total value traded through LSE was: £ 4,917,455,192 a change of -4.51%

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:CASP Caspian** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:OPG OPG Power Ventures** **LSE:POLY Polymetal** **LSE:TSCO Tesco** **

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Updated charts published on : Aston Martin, Caspian, Centamin, Darktrace Plc, 4D Pharma, Experian, IQE, ITM Power, National Glib, OPG Power Ventures, Polymetal, Tesco,

LSE:AML Aston Martin Close Mid-Price: 1190.5 Percentage Change: -3.25% Day High: 1240.5 Day Low: 1188.5

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LSE:CASP Caspian Close Mid-Price: 3.75 Percentage Change: -3.85% Day High: 3.9 Day Low: 3.75

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LSE:CEY Centamin Close Mid-Price: 82.14 Percentage Change: -1.46% Day High: 84.24 Day Low: 81.88

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LSE:DARK Darktrace Plc Close Mid-Price: 376 Percentage Change: -4.03% Day High: 403.2 Day Low: 375

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LSE:DDDD 4D Pharma Close Mid-Price: 52.7 Percentage Change: -7.87% Day High: 58.3 Day Low: 52

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LSE:EXPN Experian Close Mid-Price: 3507 Percentage Change: -3.12% Day High: 3674 Day Low: 3509

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LSE:IQE IQE Close Mid-Price: 32 Percentage Change: -1.54% Day High: 33.1 Day Low: 31.8

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LSE:ITM ITM Power Close Mid-Price: 382.2 Percentage Change: -0.16% Day High: 412.2 Day Low: 375.4

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LSE:NG. National Glib. Close Mid-Price: 1055.4 Percentage Change: + 0.42% Day High: 1060.2 Day Low: 1049

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LSE:OPG OPG Power Ventures Close Mid-Price: 11.12 Percentage Change: -2.20% Day High: 11.62 Day Low: 11.12

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LSE:POLY Polymetal Close Mid-Price: 1265 Percentage Change: -1.98% Day High: 1282 Day Low: 1260

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LSE:TSCO Tesco Close Mid-Price: 284.75 Percentage Change: -0.21% Day High: 287.3 Day Low: 284

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*** End of “Updated Today” comments on shares.

Has Rockhopper Exploration a 100% upside?

#Gold #SP500_futures When we previously reviewed Rockhopper back at the start of 2019, we’d warned of some pretty nasty consequences if our reversal trigger was troubled. In true lethargic style, it took until August until everything went wrong, the price celebrating the end of the year by hitting our 15p drop target. A miracle bounce brought the start of 2020, then Covid hit the markets and sanity left the building.

We’re not entirely convinced sanity is returning but “something” is certainly going on with Rockhopper, the price showing a series of interesting movements this month and better still, has managed to actually close a session above the immediate downtrend (see chart insert). Presently trading around 8.2p, the share need only exceed Monday 13th’s 9p high to hopefully garnish sufficient strength to reach an initial 10.6p. Our secondary, if such a level is exceeded, works out at 12.7p but visually there’s some pretty strong reasons to anticipate some hesitation around the 10.6p level. If we glance at the chart, the last two years has seen Rockhopper develop an unhealthy fascination just above the 10p mark, resulting in a possibility the glass ceiling shall again intrude.

Of course, this could be due to a plethora of private investors selling at break-even, folk who previously jumped in at the 10p level, only to find their funds taking a protracted holiday in the Falkland Basin…

 

We’re equally curious whether the share price shall exhibit something vanishingly rare recently, exuberant behaviour following a GaGa movement. The two circled areas of the chart highlight Gap Down/Gap Up behaviour. It used to be the case spotting a GaGa provided an almost cast iron case for solid movement of considerable strength. In the case of Rockhopper, if we extrapolate the implied strength from this pattern of price shuffles, the implication is a suggestion of coming recovery to an improbable looking 16.5p. We’re more than a little sceptical at this, quite literal, share price doubling calculation.

However, there is yet a further aspect to Rockhoppers price movements we’ve avoided. Two years ago, when we gave a reversal target level of 15p, we warned, should this level break, we could only calculate an ultimate bottom of 0.6p. Thankfully, the share hasn’t come close to this level, its relentless drop eventually deciding to bottom at 4p. At this point in time, while there’s not been any spectacular recovery, the fact our “ultimate bottom” remained untroubled tends imply some residual strength for the share price. That particular calculation is thankfully no longer valid, due to the share managing to close a session above the Blue downtrend.

At this point, we generally would finish with a festive worst case scenario, an early warning if everything intended go horribly wrong. About the only sensible comment we dare make would be to warn of consequences, if the price managed to close a session below just 7p. Such movement would utterly foul all our calculations!

 

Finally, as is our habit, we scanned the news in an effort to discover the reason for Rockhoppers suddenly positive attitude to life. Google News revealed quite a few recent mentions, including a company called Navitas Petroleum joining them as a partner in the Falklands. In addition, their CFO is stepping down. Perhaps something solid is finally happening.

 

Our thanks to the kind folk who effectively buy us a coffee by visiting a fascinating advert on this page. A morning latte has become essential!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:48:11PM BRENT 74.28
9:50:11PM GOLD 1787.38 1781 1778 1774 1789 1792 1796 1805 1781
9:53:09PM FTSE 7254.32 ‘cess
9:55:41PM FRANCE 6958.5 Shambles
10:11:08PM GERMANY 15625.55 Success
10:23:49PM US500 4673.97 4665 4641 4611 4696 4708 4730 4753 4670 Success
10:25:40PM DOW 35678 Success
10:27:30PM NASDAQ 16098 ‘cess
10:29:38PM JAPAN 28462 Shambles

 

13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%
10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%
9/12/2021 FTSE Closed at 7321 points. Change of -0.22%. Total value traded through LSE was: £ 5,443,441,871 a change of -11.44%
8/12/2021 FTSE Closed at 7337 points. Change of -0.04%. Total value traded through LSE was: £ 6,146,296,986 a change of 1.35%
7/12/2021 FTSE Closed at 7340 points. Change of 1.49%. Total value traded through LSE was: £ 6,064,412,188 a change of 23.32%
6/12/2021 FTSE Closed at 7232 points. Change of 1.54%. Total value traded through LSE was: £ 4,917,455,192 a change of -4.51%
3/12/2021 FTSE Closed at 7122 points. Change of -0.1%. Total value traded through LSE was: £ 5,149,568,407 a change of -8.34%

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:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:BLOE Block Energy PLC** **LSE:CEY Centamin** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:IGAS Igas Energy** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **

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Updated charts published on : AFC Energy, Applied Graphene, Aston Martin, Block Energy PLC, Centamin, Centrica, Capita, Darktrace Plc, 4D Pharma, Foxtons, Genel, Igas Energy, IQE, Intertek, Lloyds Grp., National Glib, Polymetal, Reabold Resources PLC, Rockhopper, Rolls Royce, Sainsbury,

LSE:AFC AFC Energy Close Mid-Price: 46.4 Percentage Change: -4.03% Day High: 48.2 Day Low: 46

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LSE:AGM Applied Graphene Close Mid-Price: 24 Percentage Change: -4.76% Day High: 25 Day Low: 23.5

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LSE:AML Aston Martin Close Mid-Price: 1230.5 Percentage Change: -4.87% Day High: 1301 Day Low: 1231

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LSE:BLOE Block Energy PLC Close Mid-Price: 0.88 Percentage Change: -5.41% Day High: 0.92 Day Low: 0.82

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LSE:CEY Centamin Close Mid-Price: 83.36 Percentage Change: -2.78% Day High: 86.56 Day Low: 82.98

Weakness on Centamin below 82.98 will invariably lead to 79 with secondar ……..

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LSE:CNA Centrica Close Mid-Price: 67 Percentage Change: -1.12% Day High: 67.7 Day Low: 66.66

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LSE:CPI Capita Close Mid-Price: 36.76 Percentage Change: -18.67% Day High: 44.37 Day Low: 34.49

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LSE:DARK Darktrace Plc Close Mid-Price: 391.8 Percentage Change: -1.31% Day High: 406.8 Day Low: 390.4

Target met. Continued weakness against DARK taking the price below 390.4 ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 57.2 Percentage Change: -3.70% Day High: 64.6 Day Low: 56.2

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LSE:FOXT Foxtons Close Mid-Price: 39.15 Percentage Change: -4.04% Day High: 41.45 Day Low: 38.7

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LSE:GENL Genel Close Mid-Price: 121 Percentage Change: -3.20% Day High: 127.6 Day Low: 121

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LSE:IGAS Igas Energy Close Mid-Price: 13 Percentage Change: -6.64% Day High: 14 Day Low: 13.1

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LSE:IQE IQE Close Mid-Price: 32.5 Percentage Change: -3.56% Day High: 34.25 Day Low: 32.4

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LSE:ITRK Intertek. Close Mid-Price: 5750 Percentage Change: + 0.67% Day High: 5824 Day Low: 5706

Further movement against Intertek ABOVE 5824 should improve acceleration ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 44.35 Percentage Change: -4.28% Day High: 46.33 Day Low: 44.3

Target met. Weakness on Lloyds Grp. below 44.3 will invariably lead to 43 ……..

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LSE:NG. National Glib. Close Mid-Price: 1051 Percentage Change: + 0.02% Day High: 1053.4 Day Low: 1043.8

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LSE:POLY Polymetal Close Mid-Price: 1290.5 Percentage Change: -2.79% Day High: 1331.5 Day Low: 1289

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.1 Percentage Change: -8.70% Day High: 0.12 Day Low: 0.1

Target met. If Reabold Resources PLC experiences continued weakness below ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.19 Percentage Change: + 1.11% Day High: 9 Day Low: 7.75

In the event of Rockhopper enjoying further trades beyond 9p, the share s ……..

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LSE:RR. Rolls Royce Close Mid-Price: 116.94 Percentage Change: -4.77% Day High: 123.12 Day Low: 116.38

If Rolls Royce experiences continued weakness below 116.38, it will invar ……..

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LSE:SBRY Sainsbury Close Mid-Price: 272.1 Percentage Change: -1.13% Day High: 275.5 Day Low: 270.3

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*** End of “Updated Today” comments on shares.

Can Natwest Group copy Formula 1?

#Brent #Dax The folk behind Formula One should have a go at running the stock market in the UK. After witnessing the distasteful end to the final race of the season on Sunday, it’s perfectly possible #Natwest would find itself enjoying a share price in excess of 570p within just a day or two! For those who didn’t watch the race, F1 management engineered a situation where the existing world champion was forced to lose to the contender in the final lap, despite the champion significantly leading the entire race.

Perhaps the greater complaint was the; “Well, that’s 90 minutes of my time I’ll never get back” irritation. After all, Xmas lights were not going to hang themselves in the garden and by the time the sham race completed, there was only 60 minutes of daylight left. Just to further make the experience more fun, it was also raining and windy, despite being dry during this final race of the year. When my wife arrived home a few hours later, she was delighted at the display, blissfully unaware I’d literally tossed clumps of tangled lights onto the bushes and let the wind decide how they’d appear. Since the advent of cheap, exterior, LED lights, it seems every year I’m being assigned more of the things to carefully position around the front shrubbery.

 

However, to focus on Natwest, we tossed 570p into the conversation in the opening paragraph. This is liable to prove quite an important price level sometime in the future for some incredibly complex and simple reasons. It’s worth remembering Natwest was once called RBS (or the clown bank by some) and chart packages tend pretend the share price 10:1 consolidation of 2012 didn’t happen, as it fouls historical data. As pointed our with depressing regularity, the current price of 216p is actually 21.6p, if we admit the 10:1 event took place. In the financial crisis of 2009, RBS (Natwest) hit 9.7p as a low, and while the low in 2020 of 90p may sound better, the reality is the share price was just 9p in ‘original’ money. To be honest, RBS never shied away from their 10:1 consolidation as being a straightforward exercise, just to make the share sound more respectable as a major member of the FTSE 100.

Unfortunately, our grouch in-house came from the 57p level, a number which is now 570p. When we were designing our software, we used quite a few key players from the market while we explored how many ways we could get things wrong with numbers. RBS was one such company and by the time the company fiddled with the number of shares in issue, we’d – rather comfortably – identified 57p as an absolutely critical level above which the share was required, before any rising cycle could be taken seriously. After consolidation, the only thing which changed from a seriously Big Picture perspective was this trigger level became 570p. And as per 10 years ago, the share price has remained more distant from the 570p trigger than a Conservative politician admitting to attending a festive party!

 

Since we previously reviewed Natwest, the market opted to force the Covid-19/Omicron variant reversal, a movement which thus far has failed to stick. In the great scheme of this, we would have expected Natwest to commence a reversal cycle to 186p, something which just has not happened. Instead, we can see the share price has recovered, once again tickling price levels before the manipulation (market gap) downward. It’s all very strange, making us wonder whether UK PM Boris Johnstone sunken eyed address to the nation on Sunday evening shall be a last minute attempt to force panic again into the markets, just to ensure a grotty end to the year.

If our cynical nature is to be confirmed, below 210p looks troubling, calculating with the potential of reversal to 186p with secondary, if broken, at 176p and hopefully some sort of bounce. And alternate scenario, for gains, is rather less certain, requiring above 228p to suggest recovery to 239p with secondary, if bettered, at 253p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:39:15PM BRENT 75.22 73.66 73.005 71.83 74.9 75.6 76.07 76.82 74.2 Shambles
9:46:41PM GOLD 1782.98
9:49:09PM FTSE 7295.73 ‘cess
9:51:13PM FRANCE 6994.8
9:55:10PM GERMANY 15650 15601 15572 15531 15652 15659 15682 15707 15622
9:57:41PM US500 4691.77 Success
10:01:28PM DOW 35851 ‘cess
10:42:24PM NASDAQ 16240 Success
10:44:13PM JAPAN 28610

 

10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%
9/12/2021 FTSE Closed at 7321 points. Change of -0.22%. Total value traded through LSE was: £ 5,443,441,871 a change of -11.44%
8/12/2021 FTSE Closed at 7337 points. Change of -0.04%. Total value traded through LSE was: £ 6,146,296,986 a change of 1.35%
7/12/2021 FTSE Closed at 7340 points. Change of 1.49%. Total value traded through LSE was: £ 6,064,412,188 a change of 23.32%
6/12/2021 FTSE Closed at 7232 points. Change of 1.54%. Total value traded through LSE was: £ 4,917,455,192 a change of -4.51%
3/12/2021 FTSE Closed at 7122 points. Change of -0.1%. Total value traded through LSE was: £ 5,149,568,407 a change of -8.34%
2/12/2021 FTSE Closed at 7129 points. Change of -0.54%. Total value traded through LSE was: £ 5,618,064,136 a change of -12.19%

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:BT.A British Telecom** **LSE:CEY Centamin** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:GENL Genel** **LSE:IQE IQE** **LSE:PMG Parkmead** **LSE:POLY Polymetal** **LSE:RKH Rockhopper** **LSE:SBRY Sainsbury** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Aston Martin, British Telecom, Centamin, Centrica, Darktrace Plc, Genel, IQE, Parkmead, Polymetal, Rockhopper, Sainsbury, Taylor Wimpey,

LSE:AML Aston Martin Close Mid-Price: 1293.5 Percentage Change: -3.86% Day High: 1342 Day Low: 1290

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LSE:BT.A British Telecom. Close Mid-Price: 178.45 Percentage Change: + 1.02% Day High: 180.55 Day Low: 175.55

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LSE:CEY Centamin Close Mid-Price: 85.74 Percentage Change: -2.15% Day High: 87.96 Day Low: 83.9

Target met. In the event Centamin experiences weakness below 83.9 it calc ……..

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LSE:CNA Centrica Close Mid-Price: 67.76 Percentage Change: -0.18% Day High: 68.46 Day Low: 67.42

If Centrica experiences continued weakness below 67.42, it will invariabl ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 397 Percentage Change: -4.20% Day High: 417.6 Day Low: 397.4

In the event Darktrace Plc experiences weakness below 397.4 it calculates ……..

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LSE:GENL Genel Close Mid-Price: 125 Percentage Change: -4.87% Day High: 128.2 Day Low: 123

If Genel experiences continued weakness below 123, it will invariably lea ……..

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LSE:IQE IQE Close Mid-Price: 33.7 Percentage Change: -1.61% Day High: 34.85 Day Low: 33.25

Continued weakness against IQE taking the price below 33.25 calculates as ……..

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LSE:PMG Parkmead Close Mid-Price: 34.4 Percentage Change: -3.10% Day High: 35.3 Day Low: 34.4

Target met. In the event Parkmead experiences weakness below 34.4 it calc ……..

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LSE:POLY Polymetal. Close Mid-Price: 1327.5 Percentage Change: + 0.76% Day High: 1331.5 Day Low: 1299.5

Weakness on Polymetal below 1299.5 will invariably lead to 1243. If broke ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.1 Percentage Change: + 15.63% Day High: 8.54 Day Low: 7.25

Target met. Continued trades against RKH with a mid-price ABOVE 8.54 shou ……..

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LSE:SBRY Sainsbury Close Mid-Price: 275.2 Percentage Change: -0.11% Day High: 275.2 Day Low: 272

Weakness on Sainsbury below 272 will invariably lead to 264 with secondar ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 167.5 Percentage Change: -0.92% Day High: 171.05 Day Low: 166.85

Further movement against Taylor Wimpey ABOVE 171.05 should improve accele ……..

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*** End of “Updated Today” comments on shares.

Our world famous FTSE for Friday. And a Genedrive thought!

#FTSE #Genedrive With the countdown to Xmas, as usual there’s the seasonal speculation for the possibility of a forthcoming “Santa Rally” in the marketplace. To be fair on the FTSE, presently trading around 7,320 points, the index only need exceed 7,405 points to provide a pretty solid expectation for coming growth of around 4.2% from current, potentially to around 7,631 points.

Almost laughably, this would return the index to a level last seen at Christmas 2019, when the market closed on Xmas eve at 7,632 points. Numbers can be a strange thing, yet as clearly exhibited by Genedrive in our report for the 9th December (yesterda), the share price indeed exceeded our 68p trigger and exactly hit our 81p initial target 44 minutes later. We also note our initial target was not exceeded, running the risk of the price messing around for a while.

 

From a near term perspective, the FTSE now requires exceed 7,366 to suggest coming movement to an initial 7,380 points. If bettered, we can calculate a secondary at 7,431 points, quite cheerfully above the trigger level which is supposed to trigger a mythical “Santa Rally”. Then again, as we live in an age where politicians frown on all frivolity and ensure their behaviour meets the lowest standards expected in public office, perhaps politics shall conspire to derail any optimism.

However, should the dream come true in the days ahead, the Big Picture tells us above 7,405 is supposed to provoke FTSE a recovery cycle to an initial 7,474 with secondary, if bettered, at our 7,631 points.

 

Should things intend for pear shaped, below 7,287 looks capable of triggering reversal to an almost certain 7,236 points. If broken, we can calculate a secondary at 7,188 points and hopefully some sort of real bounce.

Have a good weekend, hopefully one which shall see a UK driver lift the F1 World Drivers championship for the 8th time.

Huge thanks to those who discover interesting adverts on this page. The tiny amount of income literally buys us our daily coffee!

Thanks again.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:10:03PM BRENT 73.91 73.7 73.08 74.93 75.54 76.13 74.45 ‘cess
10:12:01PM GOLD 1775.56 1773 1769 1783 1787 1790 1779 ‘cess
10:13:50PM FTSE 7314.03 7297 7283 7335 7335 7341 7303 ‘cess
10:15:48PM FRANCE 6997.8 6982 6972 7014 7042 7047 7007 ‘cess
10:18:24PM GERMANY 15620 15583 15553 15697 15725 15762 15667 ‘cess
10:23:06PM US500 4671.57 4663 4652 4681 4684 4690 4670 ‘cess
10:26:45PM DOW 35759.1 35577 35468 35804 35863 35969 35606
10:29:44PM NASDAQ 16162 16120 16090 16220 16202 16265 16147 ‘cess
10:32:19PM JAPAN 28614 28562 28420 28751 28790 28854 28593

 

9/12/2021 FTSE Closed at 7321 points. Change of -0.22%. Total value traded through LSE was: £ 5,443,441,871 a change of -11.44%
8/12/2021 FTSE Closed at 7337 points. Change of -0.04%. Total value traded through LSE was: £ 6,146,296,986 a change of 1.35%
7/12/2021 FTSE Closed at 7340 points. Change of 1.49%. Total value traded through LSE was: £ 6,064,412,188 a change of 23.32%
6/12/2021 FTSE Closed at 7232 points. Change of 1.54%. Total value traded through LSE was: £ 4,917,455,192 a change of -4.51%
3/12/2021 FTSE Closed at 7122 points. Change of -0.1%. Total value traded through LSE was: £ 5,149,568,407 a change of -8.34%
2/12/2021 FTSE Closed at 7129 points. Change of -0.54%. Total value traded through LSE was: £ 5,618,064,136 a change of -12.19%
1/12/2021 FTSE Closed at 7168 points. Change of 1.54%. Total value traded through LSE was: £ 6,397,928,527 a change of -42.03%

 

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:AGM Applied Graphene** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:IGAS Igas Energy** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **

********

Updated charts published on : Applied Graphene, British Telecom, Caspian, Centamin, Darktrace Plc, Igas Energy, Intertek, National Glib, Quadrise, Reabold Resources PLC, Rockhopper,

LSE:AGM Applied Graphene Close Mid-Price: 24.5 Percentage Change: -2.00% Day High: 25.5 Day Low: 24

This is suddenly looking dodgy as below 24 looks capable of reversal to 20 ……..

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LSE:BT.A British Telecom. Close Mid-Price: 176.65 Percentage Change: + 2.79% Day High: 177.2 Day Low: 172.25

Target met. In the event of British Telecom enjoying further trades beyon ……..

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LSE:CASP Caspian Close Mid-Price: 3.9 Percentage Change: -3.70% Day High: 4.05 Day Low: 3.9

In the event Caspian experiences weakness below 3.9 it calculates with a ……..

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LSE:CEY Centamin Close Mid-Price: 87.62 Percentage Change: -4.11% Day High: 91.72 Day Low: 87.46

If Centamin experiences continued weakness below 87.46, it will invariabl ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 414.4 Percentage Change: + 1.12% Day High: 430.2 Day Low: 402.4

If Darktrace Plc experiences continued weakness below 402.4, it will inva ……..

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LSE:IGAS Igas Energy Close Mid-Price: 13.75 Percentage Change: -2.31% Day High: 14 Day Low: 13.3

Weakness on Igas Energy below 13.3 will invariably lead to 12.3 next with ……..

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LSE:ITRK Intertek. Close Mid-Price: 5742 Percentage Change: + 1.70% Day High: 5804 Day Low: 5678

Continued trades against ITRK with a mid-price ABOVE 5804 should improve ……..

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LSE:NG. National Glib. Close Mid-Price: 1049 Percentage Change: + 1.06% Day High: 1050.6 Day Low: 1041.4

In the event of National Glib enjoying further trades beyond 1050.6, the ……..

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LSE:QFI Quadrise. Close Mid-Price: 2.31 Percentage Change: + 2.44% Day High: 2.24 Day Low: 2.2

Continued weakness against QFI taking the price below 2.2 calculates as l ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.12 Percentage Change: -7.41% Day High: 0.14 Day Low: 0.12

Target met. In the event Reabold Resources PLC experiences weakness below ……..

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LSE:RKH Rockhopper. Close Mid-Price: 7 Percentage Change: + 12.80% Day High: 7.49 Day Low: 5.7

Target met. All Rockhopper needs are mid-price trades ABOVE 7.49 to impro ……..

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*** End of “Updated Today” comments on shares.

Genedrive Plc is looking good

#Gold #CAC40 We’ve never been entirely comfortable we understand where “ratings” actually come for, when shares are being discussed. Genedrive is a case in point, currently assigned with a “Strong Buy” technical rating. We opted to poke around and there’s the usual nonsense, references to Upward Channels, discussion about Moving Averages, along with inevitable comments from true believers, deciding it’s a buy no matter what.

The reason we’re somewhat flippant is simple. The share price has achieved a high of 74.75 and closed a session at 63p. As the chart for the last year highlights, the price is now above the immediate downtrend and also is trading higher than at any point since June. We’re great fans of Higher Highs and feel a chart, unadorned with colourful technical indicators, should be give sufficient information to those who fail to understand technical indicators. We’ve shown two identical charts below, the upper one focussed on the level at which the share price closed. The lower one is decorated with colourful candles and the important thing is straightforward. Both charts give an impression of a share price which looks very capable of future gains for this established molecular diagnostics company.

 

Near term, above 68p now looks capable of further price recovery to an initial 81p with secondary, if bettered, at 92p. Our secondary is an important point, a level where the share price requires close to enter quite a different cycle of price movements. Long story short, closure above 92p allows an initial 123p with secondary, if bettered, a distant looking 160p.

Strictly speaking, if everything intends go pear shaped, the share price requires below 33p to justify panic. This obviously gives a heck of a lot of wriggle room for the price in the months ahead and unfortunately, the earliest warning looks like it shall come if the price closes a session below 41p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:40:48PM BRENT 75.95
9:42:53PM GOLD 1785.78 1779 1775 1769 1787 1793 1796 1804 1781 ‘cess
9:44:35PM FTSE 7347.84 ‘cess
9:46:43PM FRANCE 7028 7010 6987 6947 7050 7107 7135 7205 7027 ‘cess
9:49:10PM GERMANY 15721
9:53:03PM US500 4701.02 ‘cess
9:55:16PM DOW 35760 ‘cess
10:01:19PM NASDAQ 16384.84
10:03:37PM JAPAN 28880 ‘cess

 

8/12/2021 FTSE Closed at 7337 points. Change of -0.04%. Total value traded through LSE was: £ 6,146,296,986 a change of 1.35%
7/12/2021 FTSE Closed at 7340 points. Change of 1.49%. Total value traded through LSE was: £ 6,064,412,188 a change of 23.32%
6/12/2021 FTSE Closed at 7232 points. Change of 1.54%. Total value traded through LSE was: £ 4,917,455,192 a change of -4.51%
3/12/2021 FTSE Closed at 7122 points. Change of -0.1%. Total value traded through LSE was: £ 5,149,568,407 a change of -8.34%
2/12/2021 FTSE Closed at 7129 points. Change of -0.54%. Total value traded through LSE was: £ 5,618,064,136 a change of -12.19%
1/12/2021 FTSE Closed at 7168 points. Change of 1.54%. Total value traded through LSE was: £ 6,397,928,527 a change of -42.03%
30/11/2021 FTSE Closed at 7059 points. Change of -0.7%. Total value traded through LSE was: £ 11,036,747,551 a change of 76.98%

 

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:BDEV Barrett Devs** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Barrett Devs, Darktrace Plc, Diageo, Experian, Lloyds Grp., National Glib, Oxford Instruments, Quadrise, Rockhopper, Tesco, Taylor Wimpey, Zoo Digital,

LSE:BDEV Barrett Devs. Close Mid-Price: 741 Percentage Change: + 1.23% Day High: 749.2 Day Low: 732.6

Continued trades against BDEV with a mid-price ABOVE 749.2 should improve ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 409.8 Percentage Change: -4.48% Day High: 434 Day Low: 405.6

Target met. Weakness on Darktrace Plc below 405.6 will invariably lead to ……..

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LSE:DGE Diageo Close Mid-Price: 3976.5 Percentage Change: -0.98% Day High: 4051 Day Low: 3969.5

In the event of Diageo enjoying further trades beyond 4051, the share sho ……..

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LSE:EXPN Experian. Close Mid-Price: 3607 Percentage Change: + 0.14% Day High: 3671 Day Low: 3585

Target met. Further movement against Experian ABOVE 3671 should improve a ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 47.37 Percentage Change: -0.25% Day High: 47.87 Day Low: 46.71

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LSE:NG. National Glib. Close Mid-Price: 1038 Percentage Change: + 0.97% Day High: 1045 Day Low: 1029.8

Target met. Further movement against National Glib ABOVE 1045 should impr ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2435 Percentage Change: + 0.00% Day High: 2480 Day Low: 2405

In the event of Oxford Instruments enjoying further trades beyond 2480, t ……..

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LSE:QFI Quadrise Close Mid-Price: 2.25 Percentage Change: -14.29% Day High: 0 Day Low: 0

In the event Quadrise experiences weakness below 2.3 it calculates with a ……..

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LSE:RKH Rockhopper. Close Mid-Price: 6.21 Percentage Change: + 19.42% Day High: 6.94 Day Low: 6

Further movement against Rockhopper ABOVE 6.94 should improve acceleratio ……..

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LSE:TSCO Tesco Close Mid-Price: 282.75 Percentage Change: -0.55% Day High: 286.5 Day Low: 282.4

All Tesco needs are mid-price trades ABOVE 286.5 to improve acceleration ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 169.3 Percentage Change: + 0.89% Day High: 170.95 Day Low: 166.85

Target met. Continued trades against TW. with a mid-price ABOVE 170.95 sh ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 117.5 Percentage Change: -0.84% Day High: 118.5 Day Low: 116.5

Weakness on Zoo Digital below 116.5 will invariably lead to 118.5, it wil ……..

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*** End of “Updated Today” comments on shares.

Aviva Plc & some Ethereum thoughts

#FTSE #WallSt_Futures With the UK market making “surprise” recovery from the supposed panic of Omicron, we’re curious as to whether some of the major components of the FTSE 100 shall finally exhibit proper recovery strength. Our key issue remains a demand the FTSE exceed 7550 points but shares such as Aviva, already playing tag with its pre-pandemic high, may prove amongst the first to surge firmly.

Visually, there’s little doubt some sort of glass ceiling exists at the 420p level and with the share presently trading around the 400p mark, it certainly doesn’t require much movement to kick things into life. From an immediate standpoint, above 404p apparently has an initial target of 421p. Once again, this challenges the 420p glass ceiling which has been creating a nuisance since April this year. With closure above our 421p target level, this have the potential to become interesting as our secondary target level calculates at 449p, maybe even a game changing movement for the longer term.

The issue with our 449p ambition dates back to 2018 as, for some reason, the market decided to anoint the 440p level with glass ceiling status. It’s creating a strange scenario, where essentially the share price requires two different 20p gains before everyone can risk buying a party popper. Only once both the 420 & the 440 glass ceilings shatter dare we express confidence a longer term track toward a distant 671p has commenced.

If Aviva intends spoil our calculations, the share price needs close a session below 347p.

Ethereum (COIN:ETHUSD) Recently, Bitcoin has been all over the place but for some reason, Ethereum has behaved with relative sanity. The immediate scenario hints the price should become especially interesting, should it exceed 4,490 US dollars. This should prove capable of triggering price growth to 4,886 next. By a tiny amount, this creates a new all time high for the crypto and permits us to calculate a longer term (or the next day!) potential of $5,937.

If things intend go Bitcoin shaped, Ethereum needs trade below $3,900 as this calculates with a reversal potential to $3,549 with secondary, if broken, down at $3,102 and hopefully a bottom.

All this optimism against Ethereum has an issue with our gloomy attitude to Bitcoin. We shall not be aghast, if Bitcoin eventually makes its way down to a bottom of $38,000!

Again, our thanks to those who find adverts on this page worthy of a visit. You’re keeping us afloat with coffee!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:51:36PM BRENT 75.02 Success
9:53:38PM GOLD 1785.69 ‘cess
9:56:23PM FTSE 7346.2 7234 7222 7180 7325 7348 7363 7418 7278 Success
9:59:01PM FRANCE 7062.3 Success
10:01:26PM GERMANY 15863 Success
10:04:42PM US500 4696.87 Success
10:28:15PM DOW 35801 35515 35470 35353 35677 35822 35940 36077 35603 Success
10:30:43PM NASDAQ 16371 Success
10:33:01PM JAPAN 28804 Success

 

7/12/2021 FTSE Closed at 7340 points. Change of 1.49%. Total value traded through LSE was: £ 6,064,412,188 a change of 23.32%
6/12/2021 FTSE Closed at 7232 points. Change of 1.54%. Total value traded through LSE was: £ 4,917,455,192 a change of -4.51%
3/12/2021 FTSE Closed at 7122 points. Change of -0.1%. Total value traded through LSE was: £ 5,149,568,407 a change of -8.34%
2/12/2021 FTSE Closed at 7129 points. Change of -0.54%. Total value traded through LSE was: £ 5,618,064,136 a change of -12.19%
1/12/2021 FTSE Closed at 7168 points. Change of 1.54%. Total value traded through LSE was: £ 6,397,928,527 a change of -42.03%
30/11/2021 FTSE Closed at 7059 points. Change of -0.7%. Total value traded through LSE was: £ 11,036,747,551 a change of 76.98%
29/11/2021 FTSE Closed at 7109 points. Change of 0.92%. Total value traded through LSE was: £ 6,236,169,403 a change of -24.07%

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:BDEV Barrett Devs** **LSE:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:FGP Firstgroup** **LSE:ITRK Intertek** **LSE:OXIG Oxford Instruments** **LSE:POLY Polymetal** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Barrett Devs, Block Energy PLC, British Telecom, Cellular Goods, Diageo, Experian, Firstgroup, Intertek, Oxford Instruments, Polymetal, Taylor Wimpey, Zoo Digital,

LSE:BDEV Barrett Devs. Close Mid-Price: 732 Percentage Change: + 1.75% Day High: 734.2 Day Low: 720.6

Target met. All Barrett Devs needs are mid-price trades ABOVE 734.2 to im ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 0.92 Percentage Change: -7.50% Day High: 1 Day Low: 0.92

Continued weakness against BLOE taking the price below 0.92 calculates as ……..

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LSE:BT.A British Telecom. Close Mid-Price: 172.7 Percentage Change: + 0.47% Day High: 175 Day Low: 172.3

Further movement against British Telecom ABOVE 175 should improve acceler ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.85 Percentage Change: -5.52% Day High: 7.25 Day Low: 6.4

Target met. Weakness on Cellular Goods below 6.4 will invariably lead to ……..

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LSE:DGE Diageo. Close Mid-Price: 4016 Percentage Change: + 1.72% Day High: 4017.5 Day Low: 3960

Target met. Further movement against Diageo ABOVE 4017.5 should improve a ……..

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LSE:EXPN Experian. Close Mid-Price: 3602 Percentage Change: + 2.04% Day High: 3599 Day Low: 3535

Target met. Continued trades against EXPN with a mid-price ABOVE 3599 sho ……..

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LSE:FGP Firstgroup. Close Mid-Price: 105.7 Percentage Change: + 0.19% Day High: 110.7 Day Low: 105.3

Target met. In the event of Firstgroup enjoying further trades beyond 110 ……..

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LSE:ITRK Intertek. Close Mid-Price: 5696 Percentage Change: + 0.64% Day High: 5758 Day Low: 5672

All Intertek needs are mid-price trades ABOVE 5758 to improve acceleratio ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2435 Percentage Change: + 3.18% Day High: 2460 Day Low: 2350

Continued trades against OXIG with a mid-price ABOVE 2460 should improve ……..

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LSE:POLY Polymetal Close Mid-Price: 1326 Percentage Change: -0.49% Day High: 1340 Day Low: 1307

If Polymetal experiences continued weakness below 1307, it will invariabl ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 167.8 Percentage Change: + 2.32% Day High: 168.2 Day Low: 165

All Taylor Wimpey needs are mid-price trades ABOVE 168.2 to improve accel ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 118.5 Percentage Change: -4.05% Day High: 123.5 Day Low: 118.5

If Zoo Digital experiences continued weakness below 118.5, it will invari ……..

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*** End of “Updated Today” comments on shares.

Zephyr Energy revisited and Conroy Gold

#Gold #DAX From what we can see, the only thing these two companies have in common is they both trade on the London Stock Exchange. But for some reason, we’re received a few emails asking if we’d consider reviewing them. As inspiration is always welcome, we’re delighted to do so, especially as both are exhibiting some potentials.

Firstly, Conroy Gold share price appears to be cheerfully ignoring the present hiatus in which the price of Gold finds itself. Our bottom line, presently, is unless the price of Gold manages above US$1,871, it’s at risk of remaining quite boring. Additionally, it must be pointed out Gold is presently trading in a region where it only needs someone to look at the price the wrong way and it risks reversal to US$1,623. One aspect, perhaps worthy of consideration, is any potential effect on ScotGold Plc, the listed explorer working in Scotland. If one looks at the map of Conroys mining areas in the North of Ireland and draws a straight line extension from the fault line they are working with, it appears to coincide with Scotgold’s site in Argyll. However, we suspect there’s probably more to this geology lark than messing around with Google Maps…

 

For now, movement on Conroy share price above 32p looks capable of gains toward an initial 36p. If bettered, our secondary calculation works out at 49p and this risks an interesting prospect for the longer term. A gain such as this carries the potential for the price to close a session above 46p, beating its previous high at the start of this year and therefore, allowing a longer term 69p to enter the frame.

Zephyr Energy Plc From the start of July this year, this share price has been essentially messing around. We reviewed them at the start of September, giving a trigger level of 7.1p and promising the heavens if the price exceeded this point. Rather spitefully, the share indeed exceeded our trigger but the best achieved has been movement to 7.8p, pretty distant from our initial ambition of 8.3p. However, when we study the strength of movements since July, we’re given sufficient reason to revisit our tea leaves to amend the future potentials.

There are slight changes to our calculated results as now above 7.8p looks capable of movement to an initial 8.9p. Our longer term secondary, if the initial is bettered, works out at 12.2p. If everything intends go horribly wrong, the share price needs drill below 4.7p to justify concern.

Yet again, our thanks to the nice people who discover an advert worth a visit on this website. We appreciate the coffee visits effectively buy.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:49:01PM DOW 35267 Success
9:51:58PM GOLD 1779 1775 1772 1767 1782 1787 1792 1798 1778 Shambles
9:54:18PM Brent 73.58 ‘cess
9:57:09PM FTSE 7238 Success
9:58:59PM FRANCE 6870 Success
10:02:10PM GERMANY 15423 15276 15186 15106 15356 15424 15456 15580 15265 Success
10:04:23PM US500 4597 Success
10:07:26PM NASDAQ 15855 Success
10:09:15PM JAPAN 28085 Success
6/12/2021 FTSE Closed at 7232 points. Change of 1.54%. Total value traded through LSE was: £ 4,917,455,192 a change of -4.51%
3/12/2021 FTSE Closed at 7122 points. Change of -0.1%. Total value traded through LSE was: £ 5,149,568,407 a change of -8.34%
2/12/2021 FTSE Closed at 7129 points. Change of -0.54%. Total value traded through LSE was: £ 5,618,064,136 a change of -12.19%
1/12/2021 FTSE Closed at 7168 points. Change of 1.54%. Total value traded through LSE was: £ 6,397,928,527 a change of -42.03%
30/11/2021 FTSE Closed at 7059 points. Change of -0.7%. Total value traded through LSE was: £ 11,036,747,551 a change of 76.98%
29/11/2021 FTSE Closed at 7109 points. Change of 0.92%. Total value traded through LSE was: £ 6,236,169,403 a change of -24.07%
26/11/2021 FTSE Closed at 7044 points. Change of -3.64%. Total value traded through LSE was: £ 8,213,079,898 a change of 119.92%

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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:PMG Parkmead** **LSE:SCLP Scancell** **

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Updated charts published on : AFC Energy, Aston Martin, Barrett Devs, British Telecom, Darktrace Plc, Experian, Intertek, Lloyds Grp., National Glib, Parkmead, Scancell,

LSE:AFC AFC Energy Close Mid-Price: 48.3 Percentage Change: -0.21% Day High: 50 Day Low: 47.25

This is lacking any festive cheer as weakness below 47 looks capable of re ……..

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View Previous AFC Energy & Big Picture ***

LSE:AML Aston Martin Close Mid-Price: 1365.5 Percentage Change: -0.18% Day High: 1385 Day Low: 1312.5

Target met. Continued weakness against AML taking the price below 1312.5 ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 719.4 Percentage Change: + 0.08% Day High: 727.2 Day Low: 714

In the event of Barrett Devs enjoying further trades beyond 727.2, the sh ……..

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LSE:BT.A British Telecom. Close Mid-Price: 171.9 Percentage Change: + 1.96% Day High: 172.95 Day Low: 170.05

Continued trades against BT.A with a mid-price ABOVE 172.95 should improv ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 416.2 Percentage Change: -2.48% Day High: 436 Day Low: 413.2

Continued weakness against DARK taking the price below 413.2 calculates a ……..

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LSE:EXPN Experian. Close Mid-Price: 3530 Percentage Change: + 2.32% Day High: 3543 Day Low: 3463

In the event of Experian enjoying further trades beyond 3543, the share s ……..

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LSE:ITRK Intertek. Close Mid-Price: 5660 Percentage Change: + 3.66% Day High: 5668 Day Low: 5496

Target met. In the event of Intertek enjoying further trades beyond 5668, ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 46.27 Percentage Change: -0.44% Day High: 46.95 Day Low: 46.2

Visually, there is a pretty strong indication Lloyds should now bounce any ……..

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LSE:NG. National Glib. Close Mid-Price: 1024.8 Percentage Change: + 2.23% Day High: 1030.4 Day Low: 1006

Target met. Continued trades against NG. with a mid-price ABOVE 1030.4 sh ……..

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LSE:PMG Parkmead Close Mid-Price: 36.25 Percentage Change: -7.05% Day High: 38.9 Day Low: 35.5

Target met. Weakness on Parkmead below 35.5 will invariably lead to 34 wi ……..

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LSE:SCLP Scancell Close Mid-Price: 20.5 Percentage Change: -2.84% Day High: 21 Day Low: 20.5

Every now and then, a share presents itself as a candidate for surprise, s ……..

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*** End of “Updated Today” comments on shares.