Can Purplebricks Group PLC share price hit 167p?

#Gold #SP500 News of a change to Purplebricks business model looks fascinating and we wonder if this shall prove pivotal in arresting the decline of the share price. Already, there’s a heck of an argument promoting the concept of a bounce before 60p and the share price, trading at 62p at time of writing, is already effectively in the bounce zone. The surprising thing comes from reading commentary on what the company intend.

 

Apparently, their plan is to create 600 new jobs, simply by changing the status of their property agents from “self employed” to “employee”. This seemingly attractive idea has a couple of caveats. Those folk currently self employed will need apply for their existing jobs. And there is no certainty of being accepted. In addition, if successful, the new “employee” will be on a 6 month probation period. Any existing property agent who employs staff for admin will also need make them redundant. The change in concept is fascinating, doubtless infuriating many who’ve enjoyed a self employed secure lifestyle as they’ll be aware the only reason Purplebricks are making this movement is to improve company earnings.

After all, no corporate body likes to see ‘their’ profit being diluted!

An eyebrow can be raised with this behaviour, thanks to experience with the major oil companies in the last decade of the 20th century. Each corporate entity really hated the idea of their self employed retailers making money, in some cases a lot of money. Eventually, decisions were made to turn petrol retailers into petrol station managers, once they’d successfully been through an interview. If we fast forward to the present, very few of these smaller petrol stations remain open and virtually none of the “successful” manager applicants remain. This corporate initiative, to be blunt, removed initiative from the entire petrol retail network with many stations shut, due to falling revenues. Throughout the UK, the landscape is littered with old petrol station plots, no-one keen on buying the land due to the potential of historic ground contamination.

 

We suspect the markets shall assume Purplebricks have the right idea. Should the share price accelerate beyond 74p anytime soon, we calculate the potential of an initial ambition at 84p. If bettered, an attempt at 109p looks very possible, a price level which looks like it’s currently auditioning as a glass ceiling. Only with closure above 109p dare we feel some strong potentials shall make themselves known as 167p works out as a sensible longer term hope.

Conversely, if it all intends go wrong, below 60p currently risks reversal to 46p with our secondary, if broken, calculating at a bottom of 25p. We cannot calculate below such a point.

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Trends and Targets. Past performance is not a reliable indicator of future results.

Many thanks to the nice folk who find adverts on this page deserving of a visit. We regard the revenue as buying us a daily essential latte.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:40:25PM BRENT 69.41 Success
9:42:26PM GOLD 1787.41 1770 1765 1757 1780 1789 1796 1801 1770 ‘cess
9:44:24PM FTSE 7165 Success
9:46:33PM FRANCE 6858.7 Success
9:48:57PM GERMANY 15948 Success
9:51:35PM US500 4476.02 4447 4436 4421 4461 4478 4484 4499 4455 Success
9:55:58PM DOW 35589.8 Success
9:58:20PM NASDAQ 15139 Success
10:00:24PM JAPAN 27659 Success
16/08/2021 FTSE Closed at 7153 points. Change of -0.9%. Total value traded through LSE was: £ 4,913,032,412 a change of 23.5%
13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%
12/08/2021 FTSE Closed at 7193 points. Change of -0.37%. Total value traded through LSE was: £ 5,413,411,006 a change of 4.45%
11/08/2021 FTSE Closed at 7220 points. Change of 0.96%. Total value traded through LSE was: £ 5,182,803,131 a change of -6.82%
10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%
9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%
6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%

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:AVCT Avacta** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:DDDD 4D Pharma** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:TSCO Tesco** **

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Updated charts published on : AFC Energy, Avacta, Challenger Energy (aka Bahamas Pet), 4D Pharma, Genel, Gulf Keystone, Primary Health, Petrop etc, Quadrise, Reabold Resources PLC, Tesco,

LSE:AFC AFC Energy Close Mid-Price: 58.8 Percentage Change: -0.84% Day High: 61.8 Day Low: 58

Above 63.5 is liable to prove significant, now allowing for recovery to an ……..

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LSE:AVCT Avacta Close Mid-Price: 110 Percentage Change: -6.78% Day High: 118.5 Day Low: 105.5

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LSE:CEG Challenger Energy (aka Bahamas Pet). Close Mid-Price: 1.77 Percentage Change: + 2.01% Day High: 1.77 Day Low: 1.65

Continued weakness against CEG taking the price below 1.65 calculates as ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 80.6 Percentage Change: -2.89% Day High: 82.9 Day Low: 80

Continued weakness against DDDD taking the price below 80 calculates as l ……..

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LSE:GENL Genel Close Mid-Price: 135 Percentage Change: -1.60% Day High: 140 Day Low: 132

If Genel experiences continued weakness below 132, it will invariably lea ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 156 Percentage Change: -1.14% Day High: 160 Day Low: 150.2

Weakness on Gulf Keystone below 150.2 will invariably lead to 126 initial ……..

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LSE:PHP Primary Health. Close Mid-Price: 167.8 Percentage Change: + 0.36% Day High: 169.2 Day Low: 167.2

Further movement against Primary Health ABOVE 169.2 should improve accele ……..

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LSE:POG Petrop etc. Close Mid-Price: 19.38 Percentage Change: + 1.52% Day High: 19.38 Day Low: 17.76

In the event Petrop etc experiences weakness below 17.76 it calculates wi ……..

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LSE:QFI Quadrise. Close Mid-Price: 4.46 Percentage Change: + 14.49% Day High: 4.69 Day Low: 4

Target met. Continued trades against QFI with a mid-price ABOVE 4.69 shou ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.34 Percentage Change: -4.17% Day High: 0.36 Day Low: 0.34

Weakness on Reabold Resources PLC below 0.34 and we still show 0.28 and t ……..

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LSE:TSCO Tesco Close Mid-Price: 242.1 Percentage Change: -0.35% Day High: 243.25 Day Low: 240.6

Continued trades against TSCO with a mid-price ABOVE 243.25 should improv ……..

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

Lloyds Banking Group to 32p! Still threatening…

#DAX #BrentFutures When we gave careful consideration to the future of Lloyds three weeks ago, we truly didn’t anticipate nothing happening. Alas, the share has enjoying playing around within a 3p trading range. It was at 45.9 when we wrote our analysis and, at time of writing, it’s at 46.23p. Surely the share price shall eventually make some sort of decision about its future?

After all, the company recently dusted down a shiny new CEO, a bloke called Mr Charlie Nunn and he’s expected to turn the dial up to 11 when he stops playing with the levers on his new seat behind the doubtless big desk in his office. From reading his historical background, things look fairly encouraging, once one chooses to ignore his boast of being a keen cyclist… By all means, ride a bike but folk who broadcast the feat risk being tainted with a faint whiff of the fanatic.

For the banking sector, a return to banks being allowed to set their own dividends without constraint, the body pleading for an easing of capital restraints, business now returning to the new normal, along with some (slight) optimism for the future, perhaps we’re due a change in the share price fortunes. Of course, we remain with a slight worry as mentioned previously, thanks to the share giving early warning of a plunge potential to 32p.

Our worry of a dramatic reversal remain, the intervening three weeks doing absolutely nothing to reduce our fears. In fact, the mantra of “if it ain’t going up, it’s going down!” may apply, thanks to ongoing lethargic movement. At odds with our doom and gloom, the Banking Sector Index, helpfully renamed as the NMX301010 (for reasons we just don’t get) is showing early signs of a growth cycle to 3625 points, challenging the market high pre-Covid. All it needs do is exceed 2945 points to confirm our calculations as this should kick things off. At present, this index is trading at 2900 points, requiring little work improve its future potentials.

 

However, we shall opt to remain in “misery mode”. With Lloyds trading at 46.2p currently, the price now only needs slither below 43.3p to indicate trauma ahead as this now calculates with an initial target of 39p. If broken, our secondary and bounce level with strong potential still works out at 32p.

Conversely, to indicate happier days ahead, the share price need only exceed 48.3p as this should allegedly trigger recovery toward an initial 50p with secondary, if bettered, a significant 53.75p. We regard this as deserving of “significant”, due to such a target exceeding the previous high, giving a strong potential for happier times in the longer term future.

For now, we fear it intends 32p and is just awaiting the right excuse for a plunge. Hopefully the new boss doesn’t have a dodgy hydraulic canister in his new chair.

Hey, chart goes here

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:50:37PM BRENT 69.96 69.8 69.45 68.7 70.74 71.38 71.835 72.52 70.2 Success
9:52:59PM GOLD 1779.78 Success
9:56:08PM FTSE 7214
9:58:02PM FRANCE 6896.2 Success
10:01:06PM GERMANY 15986.99 15927 15913 15874 15988 16030 16179.5 16342 15815
7:16:58PM US500 4468.77
7:18:50PM DOW 35522.2 ‘cess
7:22:44PM NASDAQ 15135 ‘cess
7:26:13PM JAPAN 27847 ‘cess

 

 

13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%
12/08/2021 FTSE Closed at 7193 points. Change of -0.37%. Total value traded through LSE was: £ 5,413,411,006 a change of 4.45%
11/08/2021 FTSE Closed at 7220 points. Change of 0.96%. Total value traded through LSE was: £ 5,182,803,131 a change of -6.82%
10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%
9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%
6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%
5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

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:AV. Aviva** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:DGE Diageo** **LSE:IPF International Personal Finance** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Aviva, Challenger Energy (aka Bahamas Pet), Diageo, International Personal Finance, Primary Health, Petrop etc, Spirax, Zoo Digital,

LSE:AV. Aviva. Close Mid-Price: 426.2 Percentage Change: + 1.26% Day High: 429.5 Day Low: 421.2

Continued trades against AV. with a mid-price ABOVE 429.5 should improve ……..

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LSE:CEG Challenger Energy (aka Bahamas Pet) Close Mid-Price: 1.74 Percentage Change: -5.95% Day High: 1.85 Day Low: 1.73

Weakness on Challenger Energy (aka Bahamas Pet) below 1.73 will invariabl ……..

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LSE:DGE Diageo. Close Mid-Price: 3635.5 Percentage Change: + 0.65% Day High: 3641 Day Low: 3611.5

All Diageo needs are mid-price trades ABOVE 3641 to improve acceleration ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 155 Percentage Change: + 1.97% Day High: 158 Day Low: 153.6

Target met. Continued trades against IPF with a mid-price ABOVE 158 shoul ……..

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LSE:PHP Primary Health. Close Mid-Price: 167.2 Percentage Change: + 1.15% Day High: 168 Day Low: 164.2

Continued trades against PHP with a mid-price ABOVE 168 should improve th ……..

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LSE:POG Petrop etc Close Mid-Price: 19.09 Percentage Change: -1.04% Day High: 19.42 Day Low: 18.02

Target met. Continued weakness against POG taking the price below 18.02 c ……..

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LSE:SPX Spirax. Close Mid-Price: 15780 Percentage Change: + 0.70% Day High: 15920 Day Low: 15655

Further movement against Spirax ABOVE 15920 should improve acceleration t ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 150 Percentage Change: + 0.00% Day High: 153 Day Low: 149.5

All Zoo Digital needs are mid-price trades ABOVE 153 to improve accelerat ……..

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

Our world famous FTSE for FRIDAY

#FreeFutures #FTSE ‘The Glorious 12th’, once again brought the start of the grouse season here in Scotland but the hills locally were mercifully quiet, everyone staying indoors to watch the FTSE making a further attempt at becoming airborne. Or perhaps the hills were peaceful, due to the local grouse & pheasant factory massively reducing production of cannon fodder. This was due to the uncertainty of permitted activities, thanks to the pandemic.

The hunt for grouse, while coming with the pretence it’s a challenge against wild birds, tends forget the animals are farmed, released on a moor, startled by beaters, then shot. It’s certainly one of these occasions where the birds probably regret learning to fly. The farmed grouse & pheasant, in normal years, can be a nuisance on the roads locally. They tend forget their preferred future intentions, instead opting to ambush unwary motorists driving past the pheasant farm, doubtless finding it hilarious watching a tourist plant their car or mobile home into a ditch while discovering single track roads don’t afford much room for manoeuvre. This year, driving past the estate which grows the traffic hazards has been a pleasure, an almost complete lack of suicidal pheasant.

 

The tenuous link, continuing to ask the question “Will The FTSE Fly or will it be shot down?” currently has a fairly optimistic theme, the London market continuing to feel like there is an upward underlying cycle.

However, near term below 7180 looks slightly problematic, calculating with the potential of reversal to an initial 7150 points. Given the FTSE closed the 12th at 7193, this obviously is not a massive drop requirement to the trigger level. In the even 7150 breaks, we would hope for a proper bounce at our secondary of 7127 points. We do have considerable doubts as to the reversal potential, thanks to the Blue downtrend on the chart. The market broke above this downtrend on Wednesday and, in addition, rather a lot of shares we monitor hit upward triggers. Despite what has felt like an effort to slow down the pace of rises, we’d hope the FTSE intends remain above the pandemic downtrend.

 

Further feeding our excuse to suggest a cheery future, the FTSE has managed, somehow, to regain its previous uptrend, trend #7 since October last year. Generally, when a price breaks below, then actually returns above a trend, there’s a pretty solid excuse for optimism. In the case of the FTSE, above 7222 points suggests ongoing traffic in the direction of 7251 points. If bettered, our secondary works out at 7357 points.

To spoil the party slightly, the FTSE still needs better 7550 to justify some fizzy wine as the London market will join the rest of developed world in exceeding the market level, prior to the Covid-19 drop last March. Have a good weekend, even though we need wait another 2 weeks for the next Grand Prix!

Hey, chart goes here

Trends and Targets. Past performance is not a reliable indicator of future results.

Once again, many thanks to the kind folk who keep us awash with coffee, when they find an advert on this page sufficiently interesting to visit.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:37:31PM GOLD 1753.36 1741 1736 S 1754 1758 1762 1745
9:39:27PM BRENT 70.96 70.48 70.33 U 71.4 71.72 71.98 70.8
9:42:42PM FTSE 7209.46 7194 7186 B 7215 7214 7226 7184
9:45:19PM FRANCE 6887.7 6856 6846 S 6872 6894 6899 6880 Success
9:47:17PM GERMANY 15960.9 15814 15747 C 15898 15975 16034 15725 ‘cess
9:50:44PM US500 4460.87 4437 4432 R 4449 4462 4466 4434 Success
9:55:05PM DOW 35531.6 35414 35281 I 35499 35532 35599 35419 ‘cess
9:58:33PM NASDAQ 15086.84 15030 15014 B 15080 15098 15117 15035 Success
10:00:59PM JAPAN 28094 27993 27939 E 28080 28121 28163.5 28030

 

12/08/2021 FTSE Closed at 7193 points. Change of -0.37%. Total value traded through LSE was: £ 5,413,411,006 a change of 4.45%
11/08/2021 FTSE Closed at 7220 points. Change of 0.96%. Total value traded through LSE was: £ 5,182,803,131 a change of -6.82%
10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%
9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%
6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%
5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%
4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

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:AV. Aviva** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:POG Petrop etc** **LSE:QFI Quadrise** **LSE:SBRY Sainsbury** **LSE:TSCO Tesco** **LSE:VOG VICTORIA** **

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Updated charts published on : Aviva, Avacta, BALFOUR BEATTY, Caspian, Centamin, Capita, MAN, Igas Energy, International Personal Finance, National Glib, Petrop etc, Quadrise, Sainsbury, Tesco, VICTORIA,

LSE:AV. Aviva. Close Mid-Price: 420.9 Percentage Change: + 3.47% Day High: 425.8 Day Low: 412.3

Target met. Further movement against Aviva ABOVE 425.8 should improve acc ……..

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LSE:AVCT Avacta Close Mid-Price: 119 Percentage Change: -4.72% Day High: 125.5 Day Low: 111.5

Target met. Weakness on Avacta below 111.5 will invariably lead to 97 wit ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 318 Percentage Change: + 1.27% Day High: 320.2 Day Low: 314

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LSE:CASP Caspian. Close Mid-Price: 3.15 Percentage Change: + 6.78% Day High: 3.2 Day Low: 2.95

Target met. In the event of Caspian enjoying further trades beyond 3.2, t ……..

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LSE:CEY Centamin Close Mid-Price: 95.28 Percentage Change: -1.83% Day High: 97.84 Day Low: 95.58

Continued weakness against CEY taking the price below 95.58 calculates as ……..

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LSE:CPI Capita. Close Mid-Price: 47.97 Percentage Change: + 1.18% Day High: 48.68 Day Low: 46.78

In the event of Capita enjoying further trades beyond 48.68, the share sh ……..

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LSE:EMG MAN. Close Mid-Price: 219.1 Percentage Change: + 1.20% Day High: 220 Day Low: 216.8

All MAN needs are mid-price trades ABOVE 220 to improve acceleration towa ……..

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LSE:IGAS Igas Energy Close Mid-Price: 13.7 Percentage Change: -11.61% Day High: 13.5 Day Low: 13.5

In the event Igas Energy experiences weakness below 13.5 it calculates wi ……..

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LSE:IPF International Personal Finance Close Mid-Price: 152 Percentage Change: -0.91% Day High: 156.8 Day Low: 152.6

Should International Personal Finance enjoy further trades beyond 157, the ……..

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LSE:NG. National Glib. Close Mid-Price: 950.5 Percentage Change: + 0.28% Day High: 954.2 Day Low: 948.6

Target met. In the event of National Glib enjoying further trades beyond ……..

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LSE:POG Petrop etc Close Mid-Price: 19.29 Percentage Change: -1.28% Day High: 19.72 Day Low: 19.22

If Petrop etc experiences continued weakness below 19.22, it will invaria ……..

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LSE:QFI Quadrise. Close Mid-Price: 3.96 Percentage Change: + 6.17% Day High: 4.2 Day Low: 3.63

Target met. All Quadrise needs are mid-price trades ABOVE 4.2 to improve ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 303.6 Percentage Change: + 0.36% Day High: 304.3 Day Low: 301

Further movement against Sainsbury ABOVE 305 should improve acceleration ……..

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LSE:TSCO Tesco. Close Mid-Price: 241.2 Percentage Change: + 0.96% Day High: 241.85 Day Low: 238.6

Target met. All Tesco needs are mid-price trades ABOVE 241.85 to improve ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.35 Percentage Change: -6.94% Day High: 3.6 Day Low: 3.35

Weakness on VICTORIA below 3.35 will invariably lead to 2.75 with seconda ……..

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

Qinetic Group Plc, keeping off the radar…

#DAX #SP500 The 6th largest (in the UK) specialist in modern warfare and 52nd largest in the world, defence contractor Qinetic enjoy a share price which remains pretty comparatively stable. However, some interesting potentials are making themselves known, making an upward lurch toward a new all time high feel very possible. A visit to their website is recommended to experience the range of fields in which the company are active.

At time of writing, the share is trading around 338p, needing above just 358p to potentially trigger fireworks. Such a movement calculates with an initial, fairly tame, ambition of 371p with secondary, if bettered, a new high of 410p. This secondary hope is quite a big deal, allowing us to project a big picture future of 487p, along with a strong suggestion this defence contractor share price has moved up to an entirely new trading range.

For everything to go wrong, the earliest indication will look like travel below 311p as this risks triggering reversal to an initial 281p with secondary, if broken, calculating down at 227p and hopefully a bottom.

 

It’s almost amusing to write this but we typically trawl the media for anything interesting relating to companies we’re writing about. In the case of Qinetic, it appears safe to say they keep themselves “off the rader” which is apt, given some of their specialities.

Hey, chart goes here

 Trends and Targets. Past performance is not a reliable indicator of future results

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:11:40PM BRENT 71.41 Shambles
10:16:35PM GOLD 1751 Success
10:20:26PM FTSE 7207.66 ‘cess
10:22:02PM FRANCE 6867.7 Success
10:28:47PM GERMANY 15858 15723 15688 15621 15801 15889 15939 16067 15694 Success
10:30:19PM US500 4447 4426 4418.5 4408 4438 4450 4453 4462 4435
10:33:20PM DOW 35475.8 Success
10:35:58PM NASDAQ 15019 Shambles
10:38:01PM JAPAN 28232 Success

 

11/08/2021 FTSE Closed at 7220 points. Change of 0.96%. Total value traded through LSE was: £ 5,182,803,131 a change of -6.82%
10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%
9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%
6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%
5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%
4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%
3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

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:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:IPF International Personal Finance** **LSE:NWG Natwest** **LSE:QFI Quadrise** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **

********

Updated charts published on : Aviva, Barclays, BALFOUR BEATTY, BP PLC, Capita, MAN, Glencore Xstra, International Personal Finance, Natwest, Quadrise, Sainsbury, Spirax,

LSE:AV. Aviva. Close Mid-Price: 406.8 Percentage Change: + 0.94% Day High: 408.1 Day Low: 401.3

All Aviva needs are mid-price trades ABOVE 408.1 to improve acceleration ……..

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LSE:BARC Barclays. Close Mid-Price: 186.5 Percentage Change: + 0.60% Day High: 187.18 Day Low: 184.18

Continued trades against BARC with a mid-price ABOVE 187.18 should improv ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 314 Percentage Change: + 1.82% Day High: 315.2 Day Low: 305.4

Further movement against BALFOUR BEATTY ABOVE 315.2 should improve accele ……..

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View Previous BALFOUR BEATTY & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 311.7 Percentage Change: + 0.91% Day High: 312.7 Day Low: 308

In the event of BP PLC enjoying further trades beyond 312.7, the share sh ……..

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LSE:CPI Capita. Close Mid-Price: 47.41 Percentage Change: + 3.29% Day High: 47.95 Day Low: 45.53

Target met. Further movement against Capita ABOVE 47.95 should improve ac ……..

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View Previous Capita & Big Picture ***

LSE:EMG MAN. Close Mid-Price: 216.5 Percentage Change: + 1.03% Day High: 217.4 Day Low: 213.9

Target met. In the event of MAN enjoying further trades beyond 217.4, the ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 341.35 Percentage Change: + 3.30% Day High: 341.05 Day Low: 331.1

Target met. Continued trades against GLEN with a mid-price ABOVE 341.05 s ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 153.4 Percentage Change: + 3.79% Day High: 154 Day Low: 150

Further movement against International Personal Finance ABOVE 154 should ……..

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LSE:NWG Natwest. Close Mid-Price: 220.1 Percentage Change: + 1.34% Day High: 221.3 Day Low: 217.5

Continued trades against NWG with a mid-price ABOVE 221.3 should improve ……..

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LSE:QFI Quadrise. Close Mid-Price: 3.73 Percentage Change: + 11.34% Day High: 3.7 Day Low: 3.22

Target met. Further movement against Quadrise ABOVE 3.7 should improve ac ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 302.5 Percentage Change: + 2.93% Day High: 301.9 Day Low: 293

Target met. Continued trades against SBRY with a mid-price ABOVE 301.9 sh ……..

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LSE:SPX Spirax. Close Mid-Price: 15765 Percentage Change: + 4.23% Day High: 16145 Day Low: 15185

Target met. In a truly unusual circumstance, we’ve run out of numbers. Ap ……..

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

Metro Bank Plc and childrens craft week!

#FTSE #WallSt There’s something about Metro Bank  we find attractive, perhaps the lack of corporate baggage held by other retail banks. It’s refreshing, when the first retail High St bank in over 100 years describe their outlets as “Stores” or “Shops” in a real attempt to soften perception away from the intimidating facade once propagated in Mary Poppins and Harry Potter. However, other High St banks have long tried to alter public perception, if only with lower counters in their branches.

But Metro Bank remain the dog friendly chain of outlets and more recently, appear to be experimenting with hosting childrens craft weeks in a few of their stores. If only the company hadn’t experienced their little whoopsie with an accounting error back in 2019, causing their share price to drop 39% in a single day. This event has overseen a period of rot for the company share price, diminishing from 2200p to a low of 58p toward the end of last year. In 2018, the bank share price had peaked at just over £40!

Such has been the level of drama, we cannot display a meaningful 5 year chart as scaling forces price movements since the start of the pandemic to appear as a virtually flat line.

 

However, there are early signs something is brewing in the recovery aisle for this retail shop and we’d suggest paying attention, should the price manage above 112p. At time of writing, the share is trading around 100p, so perhaps this isn’t such a distant trigger level. Above 112p calculates as capable of driving price recovery toward an initial 126p with secondary, if bettered, working out at a longer term 142p. At this secondary level, the all important signal for the longer term shall arrive depending on where the price manages to close a session.

In the event the share manages to actually close above 140p, some quite surprising longer term expectations become available as we can project future movement to 215p, along with a possible glass ceiling. This is due to such a calculation also challenging the share price pre-Covid high last year and other shares, when reaching this level, are tending to pause for thought for a while, prior to any further movements northward.

For alarm bells to ring, the share needs below 88p as this risks a very real threat of matching last years lows.

Currently, we’re a little bit optimistic over this lots potentials.

Trends and Targets. Past performance is not a reliable indicator of future results

Hey, chart goes here

As always, a big thanks to those who find useful adverts on this page.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:51:10PM BRENT 70.61
9:52:54PM GOLD 1728.85
9:56:10PM FTSE 7178.88 7113 7093.5 7065 7148 7180 7229 7273 7114 Success
9:58:10PM FRANCE 6834
10:00:59PM GERMANY 15789 Shambles
10:04:02PM US500 4436.72 Success
10:06:32PM DOW 35265
10:08:58PM NASDAQ 15060 ‘cess
10:11:08PM JAPAN 27987 27792 27709 27571 27900 28008 28057.5 28145 27925 Success

 

10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%
9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%
6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%
5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%
4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%
3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%
2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

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:AV. Aviva** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:MRW Morrisons** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:POLY Polymetal** **LSE:QFI Quadrise** **LSE:SBRY Sainsbury** **LSE:VEC Vectura** **LSE:VOG VICTORIA** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aviva, Capita, MAN, Firstgroup, Morrisons, National Glib, Omega Diags, Polymetal, Quadrise, Sainsbury, Vectura, VICTORIA, Zoo Digital,

LSE:AV. Aviva. Close Mid-Price: 403 Percentage Change: + 0.67% Day High: 403.6 Day Low: 396.8

In the event of Aviva enjoying further trades beyond 403.6, the share sho ……..

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LSE:CPI Capita. Close Mid-Price: 45.9 Percentage Change: + 6.74% Day High: 46.27 Day Low: 42.6

Continued trades against CPI with a mid-price ABOVE 46.27 should improve ……..

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LSE:EMG MAN. Close Mid-Price: 214.3 Percentage Change: + 2.39% Day High: 215.6 Day Low: 209.5

Target met. Continued trades against EMG with a mid-price ABOVE 215.6 sho ……..

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View Previous MAN & Big Picture ***

LSE:FGP Firstgroup. Close Mid-Price: 91.6 Percentage Change: + 0.33% Day High: 92.3 Day Low: 89.7

Further movement against Firstgroup ABOVE 92.3 should improve acceleratio ……..

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View Previous Firstgroup & Big Picture ***

LSE:MRW Morrisons. Close Mid-Price: 281.3 Percentage Change: + 0.90% Day High: 283.3 Day Low: 280.1

In the event of Morrisons enjoying further trades beyond 283.3, the share ……..

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View Previous Morrisons & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 951.5 Percentage Change: + 0.68% Day High: 952 Day Low: 943

Continued trades against NG. with a mid-price ABOVE 952 should improve th ……..

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LSE:ODX Omega Diags Close Mid-Price: 48 Percentage Change: -1.03% Day High: 49 Day Low: 31.5

Target met. If Omega Diags experiences continued weakness below 31.5, it ……..

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View Previous Omega Diags & Big Picture ***

LSE:POLY Polymetal Close Mid-Price: 1467.5 Percentage Change: -1.01% Day High: 1499 Day Low: 1462.5

Target met. Weakness on Polymetal below 1462.5 will invariably lead to 14 ……..

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LSE:QFI Quadrise. Close Mid-Price: 3.35 Percentage Change: + 9.84% Day High: 3.35 Day Low: 3

It’s interesting to note a near term move above 3.35 points at 3.75, along ……..

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View Previous Quadrise & Big Picture ***

LSE:SBRY Sainsbury. Close Mid-Price: 293.9 Percentage Change: + 1.07% Day High: 294 Day Low: 290

All Sainsbury needs are mid-price trades ABOVE 294 to improve acceleratio ……..

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View Previous Sainsbury & Big Picture ***

LSE:VEC Vectura Close Mid-Price: 163.4 Percentage Change: -5.55% Day High: 175 Day Low: 173

In the event of Vectura enjoying further trades beyond 175, the share sho ……..

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View Previous Vectura & Big Picture ***

LSE:VOG VICTORIA Close Mid-Price: 3.6 Percentage Change: -6.49% Day High: 3.94 Day Low: 3.47

Continued weakness against VOG taking the price below 3.47 calculates as ……..

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View Previous VICTORIA & Big Picture ***

LSE:ZOO Zoo Digital Close Mid-Price: 149 Percentage Change: -0.67% Day High: 152.5 Day Low: 149

Target met. Further movement against Zoo Digital ABOVE 152.5 should impro ……..

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View Previous Zoo Digital & Big Picture ***

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

QuantumScape Corp & Their Game Changing battery

#Gold #WallSt If the claims are anything to go by, there’s something different going on with this maker of lithium batteries, especially as they threaten to turn the electric vehicle market on its head. Their first headline; “Charging to 80% of capacity in under 15 minutes!” should suffice to get peoples attention but when browsing the plethora of information and claims, the company could easily become a disruptive influence to the entire battery market.

With VW already on board and claims of a sufficient funds to take their product to market, we really should not be surprised at receiving a bunch of emails asking us to cast an eye over the share price. The new battery is described as ‘Solid State’, fast charging, long lasting, non-combustible (quite a big deal) and capable of holding double the power of current premium lithium-ion batteries. It all sounds quite exciting which begs the question, why is a share which traded at $132 after its launch now languishing at just $24 US.

Obviously, there’s an often distasteful trajectory followed by share prices, following a launch and we’re inclined to view QuantumScape as no different from many, many, others. In fact, we’re a little surprised the share price has not yet enacted the critical second surge, the one which, if the price exceeds the post-launch high of US $132 will suggest the sky is the limit. This turn of phrase is liable to prove justified, if the claims of the new battery translate to real life. The current nonsense, promising flying taxi services in exotic locations, tends fall apart, due to battery power and life. However, if this companies product lives up to the blurb in their press releases, things could become quite interesting throughout all aspects of the electric vehicle market.

 

Of course, there is ointment and there is a fly.

 

The online tech magazine, “WIRED”, took a deeper review of the company claims and frankly, their article gushed praise on the product. Then opted to mention an important caveat.

All the test results were produced from individual lithium cells, rather than complete batteries. An actual battery will comprise of around 100 lithium cells, creating a battery the size of a cigarette packet. An electric vehicle will typically require several hundred on these finished batteries. At the time of WIRED’s article, the company had not yet tested a fully built battery. The company boss says, confidently, “It’s not a question of whether this will work or not. It’s just a question of engineering.”

The WIRED article finishes, mentioning a couple of companies which previous raised huge sums, promising game changing batteries. They crashed, when their performance failed to match expectations.

 

However, on the basis all this smoke must be fueled by fire, perhaps this shall indeed be an opportunity to get involved at the ground floor level for a new product. Perhaps some research shall be justified.

 

Near term, presently trading at $24, the price needs exceed $27.7 to suggest imminent share movement to an initial $33. If exceeded, our secondary works out at $41.25. In the grand scheme of things, neither ambition is particularly interesting but, should our secondary be exceeded, things are liable to improve quite fast.  There is the potential of a heck of a jump toward $108, a level at which we’d anticipate some hesitation.

The share price needs below $15.8 to provoke real concern, thanks to our drop target being prefaced by a minus sign!

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:59:06PM BRENT 69.1 Success
11:01:46PM GOLD 1730.04 1718 1708 1693 1740 1742 1759 1770 1726 Success
11:04:06PM FTSE 7140.59 Shambles
11:05:54PM FRANCE 6821
11:08:09PM GERMANY 15771.88 Success
11:10:13PM US500 4435.07 4421 4415.5 4408 4436 4438 4442 4450 4424
11:12:06PM DOW 35124
11:13:55PM NASDAQ 15138.19
11:15:54PM JAPAN 27933 Success

 

9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%
6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%
5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%
4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%
3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%
2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%
30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

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:AV. Aviva** **LSE:BARC Barclays** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:FGP Firstgroup** **LSE:HL. Hargreaves Lansdown** **LSE:IGAS Igas Energy** **LSE:MRW Morrisons** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:RMG Royal Mail** **LSE:SRP Serco** **LSE:VEC Vectura** **LSE:VOG VICTORIA** **

********

Updated charts published on : Aviva, Barclays, Centamin, Capita, 4D Pharma, Firstgroup, Hargreaves Lansdown, Igas Energy, Morrisons, National Glib, Natwest, Oxford Instruments, Petrop etc, Polymetal, President Energy, Royal Mail, Serco, Vectura, VICTORIA,

LSE:AV. Aviva. Close Mid-Price: 400.3 Percentage Change: + 0.30% Day High: 401.5 Day Low: 396.9

Continued trades against AV. with a mid-price ABOVE 401.5 should improve ……..

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LSE:BARC Barclays. Close Mid-Price: 184.38 Percentage Change: + 0.94% Day High: 184.82 Day Low: 182.16

Further movement against Barclays ABOVE 184.82 should improve acceleratio ……..

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LSE:CEY Centamin Close Mid-Price: 97.66 Percentage Change: -3.69% Day High: 101.3 Day Low: 97.94

Weakness on Centamin below 97.94 will invariably lead to 90p but importan ……..

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LSE:CPI Capita. Close Mid-Price: 43 Percentage Change: + 7.34% Day High: 43.4 Day Low: 39.11

All Capita needs are mid-price trades ABOVE 43.4 to improve acceleration ……..

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View Previous Capita & Big Picture ***

LSE:DDDD 4D Pharma. Close Mid-Price: 82.6 Percentage Change: + 0.98% Day High: 83.2 Day Low: 80.2

Target met. Weakness on 4D Pharma below 80.2 will invariably lead to 78 w ……..

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View Previous 4D Pharma & Big Picture ***

LSE:FGP Firstgroup. Close Mid-Price: 91.3 Percentage Change: + 1.39% Day High: 91.6 Day Low: 89.2

All Firstgroup needs are mid-price trades ABOVE 91.6 to improve accelerat ……..

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View Previous Firstgroup & Big Picture ***

LSE:HL. Hargreaves Lansdown Close Mid-Price: 1454.5 Percentage Change: -11.34% Day High: 1541.5 Day Low: 1431

Target met. In the event Hargreaves Lansdown experiences weakness below 1 ……..

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LSE:IGAS Igas Energy Close Mid-Price: 15.5 Percentage Change: -4.02% Day High: 15.05 Day Low: 15.05

If Igas Energy experiences continued weakness below 15.05, it will invari ……..

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View Previous Igas Energy & Big Picture ***

LSE:MRW Morrisons. Close Mid-Price: 278.8 Percentage Change: + 0.00% Day High: 281.9 Day Low: 278

Continued trades against MRW with a mid-price ABOVE 281.9 should improve ……..

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View Previous Morrisons & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 945.1 Percentage Change: + 0.39% Day High: 948.3 Day Low: 940

Further movement against National Glib ABOVE 948.3 should improve acceler ……..

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LSE:NWG Natwest. Close Mid-Price: 217 Percentage Change: + 0.60% Day High: 217.6 Day Low: 213.9

All Natwest needs are mid-price trades ABOVE 217.6 to improve acceleratio ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2485 Percentage Change: -2.55% Day High: 2620 Day Low: 2525

All Oxford Instruments needs are mid-price trades ABOVE 2620 to improve a ……..

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LSE:POG Petrop etc Close Mid-Price: 19.82 Percentage Change: -3.22% Day High: 20.5 Day Low: 19.75

Target met. Weakness on Petrop etc below 19.75 will invariably lead to 18 ……..

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View Previous Petrop etc & Big Picture ***

LSE:POLY Polymetal Close Mid-Price: 1482.5 Percentage Change: -1.95% Day High: 1510 Day Low: 1482.5

In the event Polymetal experiences weakness below 1482.5 it calculates wi ……..

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View Previous Polymetal & Big Picture ***

LSE:PPC President Energy Close Mid-Price: 1.75 Percentage Change: -5.41% Day High: 1.85 Day Low: 1.66

Target met. Weakness on President Energy below 1.66 will invariably lead ……..

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View Previous President Energy & Big Picture ***

LSE:RMG Royal Mail Close Mid-Price: 493 Percentage Change: -1.04% Day High: 499.7 Day Low: 488.4

Weakness on Royal Mail below 488.4 will invariably lead to 486 with secon ……..

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LSE:SRP Serco Close Mid-Price: 139 Percentage Change: -0.29% Day High: 139.6 Day Low: 136.4

Continued weakness against SRP taking the price below 136.4 calculates as ……..

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View Previous Serco & Big Picture ***

LSE:VEC Vectura. Close Mid-Price: 173 Percentage Change: + 5.49% Day High: 173.2 Day Low: 167.4

Target met. All Vectura needs are mid-price trades ABOVE 173.2 to improve ……..

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View Previous Vectura & Big Picture ***

LSE:VOG VICTORIA. Close Mid-Price: 3.85 Percentage Change: + 2.67% Day High: 3.75 Day Low: 3.5

Target met. If VICTORIA experiences continued weakness below 3.5, it will ……..

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View Previous VICTORIA & Big Picture ***

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

Will Natwest suffer more success!

#Brent #SP500 When we last reviewed #Natwest three weeks ago, we made a point of showing how important it can be to study a shares closing price, in addition to viewing a screen full of pretty candles. Amazingly, for a UK retail bank, everything started to make sense within days, a target was met, and yet another potential candle catastrophe is upon us.

Firstly, the chart extracts below. The Red uptrend since September 2020 was broken in June, the trend break level being at 206.9p. We’d made a point, should the share price manage to close above the level of trend break, we could no longer regard the Red uptrend as being viable. On August 3rd, Natwest share price closed the session at 207.4p, suggesting the historical break of the uptrend was no longer valid and instead, price growth was expected. Our initial target of 215p was successfully achieved in Friday 6th August.

Hey, chart goes here

However, staying with our lesson on managing candles – and when to turn them off – it’s very possible something more important occurred on Friday, given the point at which Natwest share price closed the session. Shown below, there’s a long term Blue downtrend and with the share price closing at 215.7p, the day was quite solidly above the historical downtrend, ticking a pretty important box which is the first sign of optimism for the future. The share now needs close a session below 213.6p to give cause for concern.

Hey, chart goes here

Finally, even from a near term viewpoint, reasonable levels of hope appear posssible. Above 216p now calculates with the potential of gains in the direction of an initial 226p with secondary, if exceeded, working out at a very possible 251p. In fact, from a Big Picture perspective, thanks to the share closing a session above the Blue downtrend, we can now regard a long term 324p as allegedly exerting a distant influence.

If it all intends go horribly wrong, the share price needs close a session below 193p, thus threatening a reversal cycle commencing down to 167p eventually.

Hey, chart goes here

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FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:24:59PM BRENT 70.25 70.13 69.465 68.52 71.4 71.81 72.385 73.3 70.88 Success
9:23:37PM GOLD 1764.41 Success
9:25:44PM FTSE 7126.72
9:30:21PM FRANCE 6825 Success
9:32:51PM GERMANY 15780 Success
9:35:09PM US500 4436 4423 4416 4408 4431 4440 4448.5 4474 4423 ‘cess
9:37:51PM DOW 35206 Success
9:39:41PM NASDAQ 15106
9:41:37PM JAPAN 27890 Success

 

6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%
5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%
4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%
3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%
2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%
30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%
29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

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:AV. Aviva** **LSE:BARC Barclays** **LSE:CASP Caspian** **LSE:FGP Firstgroup** **LSE:MRW Morrisons** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:VEC Vectura** **

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Updated charts published on : Aviva, Barclays, Caspian, Firstgroup, Morrisons, Natwest, Oxford Instruments, Rolls Royce, Vectura,

LSE:AV. Aviva. Close Mid-Price: 399.1 Percentage Change: + 1.94% Day High: 400.9 Day Low: 389.6

Further movement against Aviva ABOVE 400.9 should improve acceleration to ……..

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LSE:BARC Barclays. Close Mid-Price: 182.66 Percentage Change: + 1.64% Day High: 183.4 Day Low: 178.94

Target met. All Barclays needs are mid-price trades ABOVE 183.4 to improv ……..

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LSE:CASP Caspian. Close Mid-Price: 3 Percentage Change: + 5.26% Day High: 3.15 Day Low: 2.9

Further movement against Caspian ABOVE 3.15 should improve acceleration t ……..

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LSE:FGP Firstgroup. Close Mid-Price: 90.05 Percentage Change: + 1.35% Day High: 90.65 Day Low: 88.35

In the event of Firstgroup enjoying further trades beyond 90.65 should im ……..

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LSE:MRW Morrisons. Close Mid-Price: 278.8 Percentage Change: + 2.50% Day High: 279.6 Day Low: 269.5

All Morrisons needs are mid-price trades ABOVE 279.6 to improve accelerat ……..

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LSE:NWG Natwest. Close Mid-Price: 215.7 Percentage Change: + 2.23% Day High: 215.7 Day Low: 209.7

Target met. In the event of Natwest enjoying further trades beyond 215.7, ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2550 Percentage Change: -0.97% Day High: 2600 Day Low: 2520

In the event of Oxford Instruments enjoying further trades beyond 2600, t ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 112.42 Percentage Change: + 1.57% Day High: 112.8 Day Low: 109.42

Continued trades against RR. with a mid-price ABOVE 112.8 should improve ……..

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LSE:VEC Vectura. Close Mid-Price: 164 Percentage Change: + 6.49% Day High: 164.8 Day Low: 153.4

Target met. Further movement against Vectura ABOVE 164.8 should improve a ……..

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