Trends and Targets for 12/04/2018

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BRENT CRUDE, HURRICANE ENERGY (LSE:HUR) We last last commented on Brent back in February, our throwaway suggestion implied the price needed better 74 to be taken seriously. Currently trading around 71, it's close but still needs above 74 to start a cycle to 89.

Broadly speaking, this ties in with the oil producers section, the sexily named NMX0530. It's trading at 8740 and looks to be on a path toward 8940. Only if it actually trades above 8940 do we feel our "Brent @ 89" dare be taken seriously.

Hurricane Energy was last reviewed on 10th January (link here) where we'd proposed some movement to 42p. Amazingly, rather than being long term, this target was achieved just a few sessions later on the 16th. It still requires better 42p before investing in party poppers becomes a reasonable proposition but now, traffic above 42p indicates some fairly near term growth to 47.75p next with secondary, if bettered, at 50p.

From our perspective, a future above 50p will mean arithmetic influences have moved from 2018's movements to bigger picture influences, meaning 56 and hopefully beyond can be planned.

The share price needs break 27 to shatter our illusions, along with provoking 19p initially.

Chart goes here

FUTURES

 


Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior


11:04:43PM

BRENT

71.66

               

'cess


11:06:26PM

GOLD

1353.14

               

Success


11:08:26PM

FTSE

7242.01

               

11:10:59PM

FRANCE

5270.2

               

11:13:52PM

GERMANY

12281

               

Success


11:25:04PM

US500

2643.92

2625.18

2620

2605

2646

2646

2655

2664.82

2624



11:31:23PM

DOW

24219

             

24143



11:33:15PM

NASDAQ

6585

             

6574



11:35:06PM

JAPAN

21620

21496

21335.5

21137

21644

21783

21905

21958

21583

'cess

 

SUCCESS above means both FAST & SLOW targets were met. 'CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today's updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

 

We can be contacted at [email protected] Spam filters set to maximum so only legit emails get through...

 


Section One - Outlook Updated Today. Click here for Section Two - Outlook Remains Valid shares

 

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:ASC Asos** **LSE:BP. BP PLC** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:HUR Hurrican Energy** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:OXIG Oxford Instruments** **LSE:PMO Premier** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOD Vodafone** **

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Updated charts published on : Asos, BP PLC, Firstgroup, Gulf Keystone, Hurrican Energy, Kaz Minerals, Lloyds Grp., Oxford Instruments, Premier, Sainsbury, Tullow, Tesco, Vectura, Vedanta, Vodafone,


LSE:ASC Asos Close Mid-Price: 6860 Percentage Change: -2.42% Day High: 7138 Day Low: 6178

2018=9

Target Met. In theory this was much worse than we'd thought possible as be ........

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View Previous Asos & Big Picture ***


LSE:BP.LSE:BP. BP PLC. Close Mid-Price: 505.9 Percentage Change: + 0.14% Day High: 508.5 Day Low: 502

2018=28

Target Met. Now above 509 and we still anticipate 526 but it will require ........

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View Previous BP PLC & Big Picture ***


LSE:FGPLSE:FGP Firstgroup. Close Mid-Price: 101.8 Percentage Change: + 7.38% Day High: 103.4 Day Low: 94.35

2018=28

Target Met. Now above 104p and moves toward 115 make sense. Secondary, if ........

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View Previous Firstgroup & Big Picture ***


LSE:GKPLSE:GKP Gulf Keystone. Close Mid-Price: 136 Percentage Change: + 4.29% Day High: 140 Day Low: 131.6

2018=11

Target Met. Unusual for GKP to become warm and cuddly, making us wonder if ........

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View Previous Gulf Keystone & Big Picture ***


LSE:HURLSE:HUR Hurrican Energy. Close Mid-Price: 38.42 Percentage Change: + 3.50% Day High: 39 Day Low: 37

2018=28

Near term movement now bettering 39p indicates 42 next with secondary 44p ........

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View Previous Hurrican Energy & Big Picture ***


LSE:KAZ Kaz Minerals Close Mid-Price: 894.4 Percentage Change: -0.20% Day High: 901.6 Day Low: 877

2018=7

Movement now above 900p still indicates near term growth up to 929 next wi ........

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View Previous Kaz Minerals & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 67.01 Percentage Change: -0.07% Day High: 67.33 Day Low: 66.65

2018=28

Above 67.33 and movement toward and initial 67.5 is expected, fairly usele ........

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View Previous Lloyds Grp. & Big Picture ***


LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 871 Percentage Change: + 9.56% Day High: 895 Day Low: 816

2018=14

Target Met. Continued movement above 895 still indicates 908 next with sec ........

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View Previous Oxford Instruments & Big Picture ***


LSE:PMOLSE:PMO Premier. Close Mid-Price: 78.8 Percentage Change: + 6.27% Day High: 79.75 Day Low: 75.5

2018=11

Something seems to have changed here as it's close enough for a target met ........

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View Previous Premier & Big Picture ***


LSE:SBRYLSE:SBRY Sainsbury. Close Mid-Price: 250.4 Percentage Change: + 0.72% Day High: 252.1 Day Low: 248.8

2018=28

Growth above 253 should bring an initial 257 with secondary, if bettered, ........

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View Previous Sainsbury & Big Picture ***


LSE:TLWLSE:TLW Tullow. Close Mid-Price: 218.6 Percentage Change: + 6.89% Day High: 221.3 Day Low: 204

2018=11

Target Met. Now above 222 and a visit toward 230 next looks fairly permiss ........

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View Previous Tullow & Big Picture ***


LSE:TSCOLSE:TSCO Tesco. Close Mid-Price: 225.4 Percentage Change: + 7.18% Day High: 225.7 Day Low: 214.8

2018=28

Target Met. All change for Tesco as above 226 indicates 234 next with seco ........

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View Previous Tesco & Big Picture ***


LSE:VECLSE:VEC Vectura. Close Mid-Price: 88 Percentage Change: + 5.58% Day High: 88.3 Day Low: 83.4

2018=14

Target Met. Now above 89 and a visit to 94 remains sane. Secondary calcula ........

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View Previous Vectura & Big Picture ***


LSE:VEDLSE:VED Vedanta. Close Mid-Price: 745.8 Percentage Change: + 5.40% Day High: 750.4 Day Low: 709.4

2018=11

Something seems to be happening here as above 751 should bring an initial ........

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View Previous Vedanta & Big Picture ***


LSE:VODLSE:VOD Vodafone. Close Mid-Price: 206.3 Percentage Change: + 0.34% Day High: 207.7 Day Low: 205.3

2018=18

Now above 208 and it appears 212 awaits with secondary 223p. Probably will ........

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View Previous Vodafone & Big Picture ***


*** End of "Updated Today" comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBS Royal Bank Scot** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

 

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Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

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