Trends and Targets for 12/07/2017
SIRIUS MINERALS (LSE:SXX) As train wrecks go, this isn't proving too chaotic. Our last update (link here) was tentative, painting 35p as an upward target - one which was thankfully achieved. However, in the period since the price has displayed a degree of hysterics, none of which are particularly alarming.
The current situation sounds a little dire as we're forced to mention weakness below 25 shall now anticipate 21.5p and a probable bounce of sorts. As the chart shows, there's a couple of potential uptrends and this drop target doesn't actually threaten them, leaving us fairly relaxed.
More likely appears growth above BLUE driving the share to 35.5p initially. Given this creates a "higher high" than previously and also betters the BLUE downtrend, above such a point looks capable of generating 42.75 as a secondary.
The secondary of 42.75 is really rather important as closure above this level tends make it difficult to stop our software reporting a further 64p sometime in the future. Hopefully the company continue feeding coins into the "good news" box!
|Time Issued||Market||Price At Issue||Short Entry||Fast Exit||Slow Exit||Stop||Long Entry||Fast Exit||Slow Exit||Stop||Prior|
|9:54:39PM||GBPUSD /100.||Like the long potential|
|10:00:04PM||FTSE.||Only xxxx makes sense|
|10:07:32PM||US500.||Wall at xxxx|
|10:10:17PM||DOW.||Met target 21276 exactly|
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.
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Section One - Outlook Updated Today. Click here for Section Two - Outlook Remains Valid shares
Click Epic to jump to share: LSE:AMER Amerisur** **LSE:CLLN CARILLION PLC** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:KAZ Kaz Minerals** **LSE:MKS Marks and Spencer** **LSE:NG. National Glug** **LSE:RTHM Rythm One** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:TCG Thomas Cook Group** **LSE:VED Vedanta** **LSE:WTG Watchstone** **
Updated charts published on : Amerisur, CARILLION PLC, Hikma, HSBC, Kaz Minerals, Marks and Spencer, National Glug, Rythm One, Shire, Standard Chartered, Thomas Cook Group, Vedanta, Watchstone,
LSE:AMER Amerisur Close Mid-Price: 17.5 Percentage Change: -4.11% Day High: 18.75 Day Low: 17.5
Weakness below 17.5 signals 16.5 next with secondary, if broken, at 14.75p ........
LSE:CLLN CARILLION PLC Close Mid-Price: 77.9 Percentage Change: -33.48% Day High: 119.7 Day Low: 76.2
Target Met. This appears intent on immolation and the questions now are tw ........
LSE:HIK Hikma Close Mid-Price: 1354 Percentage Change: -2.45% Day High: 1398 Day Low: 1351
Below 1351 points at 1271 and ideally a bounce. Moves below allow a dreadf ........
LSE:HSBALSE:HSBA HSBC. Close Mid-Price: 742.6 Percentage Change: + 0.58% Day High: 748.6 Day Low: 740.2
Above 749 hints at 760 next with secondary 775p. We suspect 760 will prove ........
LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 563 Percentage Change: + 4.16% Day High: 563.5 Day Low: 541
Target Met. It always causes a degree of panic when we allocate a "watch" ........
LSE:MKS Marks and Spencer Close Mid-Price: 323.1 Percentage Change: -4.69% Day High: 340.4 Day Low: 319.2
Target Met. Further discount below 319 remains pointing at 316p as annoint ........
LSE:NG. National Glug Close Mid-Price: 922.5 Percentage Change: -0.92% Day High: 937.8 Day Low: 921.6
Below 921 remains pointing at 883 tho' it appears a bounce potential appea ........
LSE:RTHM Rythm One Close Mid-Price: 39.25 Percentage Change: -0.63% Day High: 41.5 Day Low: 37.75
Target Met. Unfortunately, it did opt to break 38p which isn't great. It c ........
LSE:SHP Shire Close Mid-Price: 4159 Percentage Change: -0.66% Day High: 4244.5 Day Low: 4025
Target Met. We still suspect this intends 3852 due to the batch of logic p ........
LSE:STANLSE:STAN Standard Chartered. Close Mid-Price: 813 Percentage Change: + 0.07% Day High: 819.8 Day Low: 811.4
Further growth above 820 suggests moves toward 835 next with secondary 855 ........
LSE:TCG Thomas Cook Group Close Mid-Price: 94.3 Percentage Change: -0.58% Day High: 96.45 Day Low: 93.5
Chart updated. That's all. Thomas Cook Group needs mid-price trades ABOVE ........
LSE:VEDLSE:VED Vedanta. Close Mid-Price: 723.5 Percentage Change: + 2.26% Day High: 727.5 Day Low: 697
Target Met. Now above 728 suggests coming growth to 745 with secondary 800 ........
LSE:WTG Watchstone Close Mid-Price: 108.5 Percentage Change: -13.20% Day High: 126.75 Day Low: 105
Target Met. We've been discussing the 110p level for three months and unfo ........
*** 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:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **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:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IEH Intelligent energy** **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:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MONI Monitise** **LSE:MOS Mobile Streams** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:PMO Premier** **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:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SGP Supergroup** **LSE:SL. Standard Life** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VEC Vectura** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:ZOL Zoldav** **
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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About the author
Trends and Targets - a new name, but the same old team of analysts with their magic secret software! Formerly Precogz, they provide Interactive Investor’s clients with daily movement forecasts before trading commences, covering nearly 50 of the most popular traded shares.
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