Trends and Targets's blog

Trends and Targets for 21/10/2014

The FTSE had a funny Monday. As has become almost inevitable, the market was down but now as down as we've come to expect. In fact, it almost felt like lip service was paid to the usual Monday misery. In the coming week, we'll be quite interested if the market starts trading above 6357 for any reason as some useful growth becomes possible.

HSBC HOLDINGS (LSE:HSBA) continues our look at FTSE 100's not covered by our daily commentary.  It has a blue line which dates back to 2006. In the event of the share price managing to CLOSE above it - currently 714p

Trends and Targets for 20/10/2014

The FTSE The market is a funny old place. The week ended with what many people perceived as a stonking good day. We prefer think of it as "having pushed the knife in and spending a day twisting it, the knife was pulled out for a day." One heck of a lot of harm has been done to share prices over the last month and while the FTSE experiencing a 2% day may seem useful, from our perspective the majority of shares have been moved into dangerous territory.

Trends and Targets for 17/10/2014

If that bloke at Sports Direct subscribed to TaT, he'd NOT be viewing a current 4.47 million pounds loss on his Tesco purchase. By just 0.15p, it has triggered a hopefully final fall to 155p. It still needs move above 191p to cancel this argument.


HAMMERSON (LSE:HMSO) This is a share we rather like as the price has a history of playing by the rules. Given it's a share where almost a year can go by without discussion forums being troubled with comments, it seems safe to assume it's not liable to be driven by forum sentiment!

For a change, we'll start with some optimistic news for the future. In the event of this managing to CLOSE above 618p,

Trends and Targets for 16/10/2014

If that bloke at Sports Direct subscribed to TaT, he'd NOT be viewing a current 3.85 million pounds loss on his Tesco purchase. It still needs move above 191p to cancel our argument pointing at 159p.


GLAXOSMITHKLINE (LSE:GSK) The current drip cycle looks capable of a fake bounce from 1324 or so as, should it start trading below such a level, we'll regard it as heading to 1271p. As BLUE shows on the chart, there's currently plenty of room for a fake bounce as the share needs exceed 1434p to escape its current downhill slither.

What amazes us has been the level of discipline involved

Trends and Targets for 15/10/2014

If that bloke at Sports Direct subscribed to TaT, he'd NOT be viewing a current 2.78 million pounds loss on his Tesco purchase. It's now getting to the stage where it needs a miracle - or a nod above 191.5p to provide some succour.



GKN (LSE:GKN) This share price has recently done something stupid which visually makes little sense. The price was manipulated (gapped) below the trend for the last two years and this sends us a signal it intends relax

Trends and Targets for 14/10/2014

If that bloke at Sports Direct subscribed to TaT, he'd NOT be viewing a current 2.68 million pounds loss on his Tesco purchase. It's now getting to the stage where it needs a miracle - or a nod above 191.5p to provide some succour.



G4S (LSE:GFS) is proving a bit directionless this year but, similar to many other shares, it's flirting with the dark side. The share need only CLOSE below our purple line at 248p to signal coming weakness to 223p. capable of testing the long term uptrend for the last ten years.

Of substantially greater concern is the risk of closure

Trends and Targets for 13/10/2014

GB POUND vs US DOLLAR (FOREX:GBPUSD) is apparently heading to 1.575 next, the relationship needing strengthen above 1.630 to escape this big picture path. What surprises us is the immediate cycle which has spent October signalling discretely it'll probably head to 1.595 BUT movements in the last day have hung a massive question mark over this painfully obvious1.6 calculation.

Essentially, the pair need only grow above

Trends and Targets for 10/10/2014

 If that bloke at Sports Direct subscribed to TaT, he'd NOT be viewing a current 1.18 million pounds loss on his Tesco purchase. Hopefully this bounce from has some legs but, as subscribers know, we've some doubts.


Friends Life (LSE:FLG) is similar to other shares insofar as it's poised outside the cupboard which holds Lemming costumes. Currently trading around the 300p level, should it weaken below RED - currently 290p - the

Trends and Targets for 9/10/2014

If that bloke at Sports Direct subscribed to TaT, he'd NOT be viewing a current 1.55 million pounds loss on his Tesco purchase. Hopefully this bounce from has some legs but, as subscribers know, we've some doubts.


EXPERIAN (LSE:EXPN) continues our alphabetical forage through the FTSE 100. We're obviously NOT covering FTSE's which are already part of our daily commentary and analysis, hence our little hop over EasyJet.

Currently, the share is viewed as heading down to somewhere between 8

Trends and Targets for 8/10/2014

If that bloke at Sports Direct subscribed to TaT, he'd NOT be viewing a current 2.23 million pounds loss on his Tesco purchase. Hopefully this bounce from 168p has some legs.


Dixons Carphone (LSE:DC.) shows as heading to 422p as our next major point of interest.

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