Trends and Targets's blog

Trends and Targets for 12/04/2017

UNITED AIRLINES (aka United Continental Holdgs) NYSE:UAL & SIRIUS (LSE:SXX)  A few folk have asked what the future holds for United Airlines as it's being regarded as a potential short opportunity. Firstly, it needs better 72p to cancel the arguments, so there's your stop loss level. But for now, below 68.36 points at 67 next with secondary 64p. Or maybe even 59p if the company boss keeps issuing press releases!

Trends and Targets for 11/04/2017

88 ENERGY (LSE:88e) The key number for this mob today is 2.969p (BLUE) and the highest the share achieved was 2.95p. However, the share price does appear on the brink of some positive action and we'd rather strongly suspect any trades now above BLUE will head to 3.45p or so, if our super trend tool isn't lying.

Trends and Targets for 10/04/2017

FTSE FOR THIS WEEK (FTSE:UKX)  Recently we've been appalled at the number of shares basically treading water (the banks, anyone?) and a glance at the FTSE reveals a pretty similar story. The FTSE has been a 200 point thick flat line for 5 weeks BUT, similar to the retail banks and many other shares, should be going up.

Trends and Targets for 7/04/2017

Griffin Mining, Unilever, & FTSE for FRIDAY Sometimes it's fascinating revisiting old predictions and with Griffin we've got a cracker. (link here) It was nearly two years ago when we covered Griffin and price behaviour since highlights the need for patience, along with something surprising about trends.

Trends and Targets for 6/04/2017

TESLA (NASDAQ:TSLA) & THE DOW JONES (DOWi:DJI) Our last update on TESLA (link here) was accompanied by something on Forex which, with hindsight, came into the class of "we know what we meant to say" rather than actually saying it! Sometimes a picture or chart does not tell the whole story... About the only thing making sense was our last sentence. The GBPEUR relationship still does not want to better 1.20

Trends and Targets for 5/04/2017

FLYBE (LSE:FLYB) We last looked at this last October - link here - and speculated a bottom of 30p which, if broken, allowed a hard landing at 16p or so. Thankfully, the 30p runway presence proved devastatingly accurate and the price has glided upward since.

Trends and Targets for 4/04/2017

BMR GROUP (LSE:BMR)  This recently blotted its copybook but strangely, we're not yet ringing alarm bells. But we are perhaps justified in wringing our hands together in frustration as the share price has been crashed, once again, through its historical glass ceiling. Or perhaps, its flat trend line in pink but "glass ceiling" sounds more techie.

Trends and Targets for 3/04/2017

FTSE FOR THE WEEK (FTSE:UKX) On Friday, we coughed politely and mentioned 8022 points had crept into our calculations. Given the perilous state of world peace with a pending war against Spain, we're mildly curious if the market stumbles below 7294 to cancel this amazing perspective!

Trends and Targets for 31/03/2017

FTSE FOR FRIDAY (FTSE:UKX) This is probably the scariest item we produce every week, 'cos it's a near term outlook which a heck of a lot of people pay attention to. There's nothing like the added frisson, heading into a weekend and looking like an idiot. And so, here we go again with a Friday which looks like an UP day on the market but as always, we shall examine both sides of the argument.

Trends and Targets for 30/03/2017

Just Eat (LSE:JE.) This share price looked pretty doomed for a few days earlier this year but we've a sneaking suspicion it still intends go up a bit before any calamity sets in. Regular readers will be aware of our GaGa nonsense, the phenomena of Gap Down and Up price movements. In the case of Just Eat, it went gaga around the immediate RED uptrend, creating some interesting possibilities.

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