Trends and Targets for 12/07/2017

Share this

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!

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
9:51:57PM BRENT 48.26                

9:54:39PM GBPUSD /100 128.46 128.39 128.22 127.55 128.62 129.4 129.78 130.28 128.93

9:54:39PM GBPUSD /100. Like the long potential
9:56:56PM GOLD 1217.54                

10:00:04PM FTSE 7366                 'cess
10:00:04PM FTSE. Only xxxx makes sense
10:01:55PM FRANCE 5164                

10:04:48PM GERMANY 12495                 'cess
10:07:32PM US500 2427                 Sorry
10:07:32PM US500. Wall at xxxx
10:10:17PM DOW 21431                 Success
10:10:17PM DOW. Met target 21276 exactly
10:11:55PM JAPAN 20150 20045 20029.5 19976 20098 20190 20224 20351 20083

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 info@trendsandtargets.com. 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

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 ........

Subscribe for more

View Previous Amerisur & Big Picture ***


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 ........

Subscribe for more

View Previous CARILLION PLC & Big Picture ***


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 ........

Subscribe for more

View Previous Hikma & Big Picture ***


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 ........

Subscribe for more

View Previous HSBC & Big Picture ***


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" ........

Subscribe for more

View Previous Kaz Minerals & Big Picture ***


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 ........

Subscribe for more

View Previous Marks and Spencer & Big Picture ***


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 ........

Subscribe for more

View Previous National Glug & Big Picture ***


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 ........

Subscribe for more

View Previous Rythm One & Big Picture ***


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 ........

Subscribe for more

View Previous Shire & Big Picture ***


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 ........

Subscribe for more

View Previous Standard Chartered & Big Picture ***


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 ........

Subscribe for more

View Previous Thomas Cook Group & Big Picture ***


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 ........

Subscribe for more

View Previous Vedanta & Big Picture ***


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 ........

Subscribe for more

View Previous Watchstone & 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: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!

 

Risk Warning & Notice to Investors

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.

 

 

 

 


Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.
428489