Trends and Targets's blog

Trends and Targets for 21/11/2014

QUINDELL ORD 15P (LSE:QPP) seems to have indeed joined the Royal Stuffing club with some irrational movements but alas, not exceeded our critical 70p level. Yet! We've a couple of rules which we use to attempt to figure if a bottom is 'in' or not.

In the case of QPP,  near term movement (as opposed to an opening second spike) which exceeds

Trends and Targets for 20/11/2014

QUINDELL ORD 15P (LSE:QPP) has certainly excited a few people recently with everyone (and their dog) contributing an opinion. So we thought we'd add a little "yap" too but to be fair, only on the numbers. We remain dispassionate about the rest of the tale. But do have some fairly strong feelings regarding the method used to manage the shares price sine July 14th of this year as basically, price movements since went completely against all logic.

Trends and Targets for 19/11/2014

THE FTSE (FTSE:UKX) is starting to look slightly encouraging as near term movement bettering 6756 should favour an initial 6802 with secondary at a long term 7054 points, indicating the dawning of a new age for the UK stock market. We're surely not alone in wondering what politicians are up to, attempting to derail this recovery by threatening recession. Remember, above 6937 = true growth!

PETROFAC (LSE:PFC) gave the one thing we didn't expect which running the numbers. Presumably this lot have something to do with the oil industry and thus, we did not anticipate delivering some optimistic results. It seems further growth above 1177 has a target at 1253p with secondary at a lo

Trends and Targets for 18/11/2014

AMINEX (LSE:AEX) doesn't give much away in the company name, so as usual we're clueless about what they do. We've had a flurry of emails asking that we run the numbers due to an impression of 'something happening'. This seems to be the case as it need only grow above 2.25p to signal a near term potential at an initial 2.65p with secondary, if bettered, at 3.025p. Hopefully they do not introduce an opening spike UP to our initial target as this will tend slow things down horribly. In fairness, once above 3p this share allows quite strong upward oomph.  It would need fall sub 1.65 to indicate running shoe requirements.

TULLOW OIL (LSE:TLW) is in a bit of a mess and the share price seems to be suffering in equal measure to the price of Crude.

Trends and Targets for 17/11/2014

The FTSE looks like starting the week still in optimistic territory with us arguing in favour of growth to a longer term 7040 points. Before assuming true enthusiasm, the market would only need trade below 6550 to justify panic as this would send a really dismal signal.

PERSIMMON (LSE:PSN) has used the last couple of sessions to let us know it's heading to 1593p next. Secondary, if bettered, is at a longer term 1652p. While both aspirations illustrate record highs for the share, we find it hard to ridicule them

Trends and Targets for 14/11/2014

Red Rock (LSE:RRR) managed to stuff up our email for a while. Long story short, it needed close above 0.205 to impress us but in the event of it now trading above 0.23, it looks capable of a near term 0.285p. Secondary if bettered is apparently 0.4p! This share follows its own rule book, similar to FIFA...

PEARSON (LSE:PSON) did something weird at the start of 2014, breaking below the uptrend since 2008. In common with many shares so afflicted, it experienced an emergency recovery and the RED

Trends and Targets for 13/11/2014

 We were emailed about Centamin (LSE:CEY). It's a share we've a heck of a lot of historic data against and should it exceed 57 anytime soon, 65.5p looks quite attainable. Ideally, a move above 54p sometime next week will be the right time for this to become useful.

OLD MUTUAL (LSE:OML) is one of these annoying shares where, at first glance, the company has quite a vibrant chart.

Trends and Targets for 12/11/2014

The FTSE has managed to clamber back into a position of relative safety and in the event of the market trading above 6709, it shall be seen as having undone the damage of the recent droop and moving into growth territory as a fairly near term addition of around 150 points becomes probable. Whoopee, to use a technical expression.

CENTRICA (LSE:CNA)  last featured as a freebie headline item on 29th Sept and we've been asked to update as the share has met our target levels.

Trends and Targets for 11/11/2014

Tesco's Mike Ashley is now finding himself with a BABE position, Bail at Break Even. Tesco managed to close rather precisely at the level in which he invested. In fact, he's perhaps in profit to the tune of 211,000 pounds which should perhaps pay for the extra supply of Andrex required in recent months. It's now viewed as heading to 198 next with secondary at a very profitable (For Mr Ashley) 209p. The share would need squirm below 175p to cancel such potentials. A small caveat - TESCO remains very dangerous unless it clambers above 260p!

 

NEXT (LSE:NXT) has a cracking chart

Trends and Targets for 10/11/2014

Our Mike Ashley watch is getting a little serious as TESCO are starting to look interesting. Mr Ashleys loss is only at 1.8 million currently and the share need only better 189.5p, hopefully NOT with an opening second spike, for the price to move to BABE position of 1.92. If it betters BABE, then we're looking at movement toward a profit of 3.58 million with the price moving into positive territory. (*BABE=Bail at Break Even). However, below 1.73 is now scary!

FTSE 100 (@GB:UKX) needed to close above 6555 to

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