Trends and Targets's blog

Trends and Targets for 19/09/2014

B SKY B GROUP (LSE:BSY)  is a share on the edge of the naughty step.  The RED line on the chart is currently at 855p and the price need only CLOSE below such a level to indicate coming weakness to an initial 808p.

The nuisance factor with such a motion would be breakage of RED, a closing price trend which has been valid since 2008.  Every more

Trends and Targets for 18/09/2014

BRITISH LAND CO (LSE:BLND)  a FTSE 100 component we've never heard of. Its discussion area on Interactive is positively underwhelming with a user "nk1999" working hard to keep everyone well informed. It's a share which was remarkably dangerous from our perspective as, until 2011, it was illustrating the potential of weakness to 165p and we couldn't illustrate anything below such a point.

However, the price has now moved into the realms of sanity and is currently viewed as heading to 795p initially with secondary, should it close above such a point, at a longer term 963p. Currently trading around the 700p poin

Trends and Targets for 17/09/2014

BRIT AMER TOBACCO (LSE:BATS)   had a surprise in store when we ran the numbers against it. Apparently the next time the share CLOSES above 3634p, we can expect it to enter a growth cycle to 4642p as the next major point of interest.

If triggered, it would require to slip below 3485p to utterly cancel the proje

Trends and Targets for 16/09/2014

BP (LSE:BP.)   Is causing concern and as the inset shows, we've ample reason for some eyebrow action. Recent movements took the share price below RED, a long term trend and while it has shown some emergency recovery,  it need only now trade below 450p to signal coming weakness to 419.75p initially with secondary, if broken, at 406.5p.

However, we're perhaps being drama queens

Trends and Targets for 15/09/2014

BHP BILLITON (LSE:BLT)   Is a company Jeremy Clarkston must love. It's got all the good stuff in the company name.  Brake Horse Power is an obvious attraction and Billiton is close enough to Billtong, the perfect dog treat for humans only. (if you've not tried it, do so.)  But we've some doubts over the Lettuce and Tomato in the LSE epic awarded against it and in fact, bacon is something we've lost taste for due to health warnings. Perhaps next year it will be safe again.

Friday Forex & Index Freebie

It has been an age since we gave a Friday Freebie. This is what our lunchtime report looks like.

 

Please remember, each Broker has different parameters and you will need to tweak the numbers below to match your Broker. And for index trades, add points to be safe! As for our stop loss levels, they are the tightest scenario. Wider would perhaps be better.

 

Trends and Targets for 12/09/2014

BG GROUP (LSE:BG.)   A share in need of a miracle! While the price still not has thrown itself under the bus, it's presenting what looks like an ideal short position. Across the top of the screen is an innocent BLUE line and currently this level is at 1286p, just a quid above the price currently.

The problem the share has is, unless it makes it above 1286p, we're forced to view it as heading to 686p

Trends and Targets for 11/09/2014

BAE SYSTEMS (LSE:BA.)   "A TREESHAKE" is one of these endearing terms often used but rarely understood. For me, the meaning finally became clear on a sunny Wednesday here in Scotland. I'm a Hazel tree in the garden and during September, I battle Red Squirrels for my share of the Hazelnuts. For some reason, my wife finds it hilarious watching me patrol the ground under the thing at night to search for dislodged nuts (which look dangerously similar to Brussels Sprouts). Finally, I invented an invention!  A Tree Shaker.

Trends and Targets for 10/09/2014

Trends and Targets for 9/09/2014

THE POUND STERLING (FOREX:GBPUSD)  Scotland sure as heck's being blamed for a grotty day against Forex and also the FTSE. Those who've been following our Big Picture outlook will remember we'd hoped for a bounce from 1.622. Alas,  it was not to be as the Forex pair was manipulated below our 1.622 level rather nastily prior to trading commencing on Sunday evening. From our perspective, this is both flattering (while making our teeth curl) as it confirms we'd previously been running calculations on the correct trend.  While it was blamed on Scotland, it was curious the market managed to spare speculators the inconvenience of actually trading the drop and unfairly created panic without profit.

Syndicate content