Trends and Targets's blog

Trends and Targets for 28/02/2018

LLOYDS BANK (LSE:LLOY) There was a time when our GaGa rule (Gap Down, Gap Up) signified a fairly solid change in market intent, one which we could confident predict an outcome. In the case of Lloyds Bank, it played this game recently and thus, is heading up to 75 initially.

Trends and Targets for 27/02/2018

BARCLAYS BANK (LSE:BARC) There was possibly a moment, as the tide washed around King Canute, when his loyal subjects privately conceded they were wrong, their leader could not stop the tide. But probably, out of collective stubbornness, they let him get soaked anyway.

Trends and Targets for 26/02/2018

FTSE THIS WEEK (FTSE:UKX) Like the bad weather currently proposed by the usual doom-mongers, we remain suggesting 6,800 as a potential drop target for the FTSE. "The Beast from the East!" as the apparently incoming weather front is known, something normal folk refer to as winter...

Trends and Targets for 23/02/2018

FTSE FOR FRIDAY (FTSE:UKX) Before looking at near term FTSE, it's probably not a daft idea to stare meaningfully at BRENT CRUDE as the product has taken a "stupid pill". There were quite a few things indicating growth for a while but forces, political or market, seem to be legislating against presently.

Trends and Targets for 22/02/2018

Avanti Communications Group (LSE:AVN) This share is a bit of a puzzle. Once trading at nearly 8 quid, it's now messing around at the 10p level and frankly, by all big picture logic, the price should be in negative figures. When the last straw broke in 2016, we feared the worst!

Trends and Targets for 21/02/2018

Trends and Targets for 20/02/2018

SCANCELL HOLDINGS (LSE:SCLP) For the n'th year running, the USA managed to surprise by sneaking in "Washington Birthday" as an excuse to close the markets. Quite why a President who promoted a gun culture which led to todays USA is feted utterly escapes us. Otherwise, he didn't do anything really important...

Trends and Targets for 19/02/2018

FTSE THIS WEEK (FTSE:UKX) The market has bounced, pretty convincingly, from the immediate Brexit Vote red uptrend. It's something worth considering, we had eschewed this uptrend for quite some time, due to the fake nature of the post vote drop. But visually, the market computers now regard it as viable.

Trends and Targets for 16/02/2018

FTSE FOR FRIDAY (FTSE:UKX) Market performance last Friday once again confirmed why our weekly FTSE mumble is, by far and away the most read headline section, literally worldwide. As can be assumed, this is truly flattering but blooming terrifying also. Real people, real money, real responsibility!

Trends and Targets for 15/02/2018

Galliford Try (LSE:GFRD) We received a few plaintive emails asking us to look at this lot from our Trend perspective as ideally everyone wants to know where bottom might be. The answer(s), given the days 19% reversal, are probably not terribly encouraging. In fact, they stink.

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