Trends and Targets for 14/09/2017

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Royal Dutch Shell (LSE:RDSB) By bettering 55 USD (marginally), there's a theory Brent Crude has enabled a game changing movement and is supposed to be on a cycle to 60 USD next with secondary, if bettered, at 71 USD. Of course, how much of this is due to hysteria over recent storms or the usual winter fakery remains to be seen! Perhaps we're placing undue credit on a day high of 55.20, especially as Brent Futures only reached 55.065...

Sometimes, when the Futures market is outstripped by the real market, it can be wise not to fire off party poppers. However, it certainly gives an excuse for an updated look at one of the oil majors, so we've selected Royal Dutch Shell as the test case.

Currently trading around 2192p, the immediate situation suggests any growth bettering just 2207 commences a cycle toward an initial 2339p. Visually, this even makes some sense, suggesting a challenge against BLUE on the chart, the downtrend for the last three years. While secondary, if bettered, calculates around the 2600p level, there's a fly in the ointment at the very deliberate refusal to permit the price above 2400p. In keeping with the law of Higher Highs, it makes a massive degree of sense to wait the share price actually closing above 2400p before making too many plans for a rosy future where we get to mention 3000p.

As Red on the chart signals, there's been quite an impressive degree of respect paid to the uptrend and it currently demands the share price break 2120 before rushing off to change underwear as this would tick the first box for reversal toward the 2000p level, perhaps even 1745p if negative news is involved.

For now, we tend regard it as heading to 2339p.

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

10:35:21PM

BRENT

54.94

               

Success

10:38:00PM

US CRUD

49.63

               

10:41:40PM

GOLD

1320.5

               

'cess

10:44:25PM

FTSE

7392

               

Success

10:46:55PM

FRANCE

5215.5

               

'cess

10:50:46PM

GERMANY

12554.2

               

10:54:26PM

US500

2497

               

10:56:24PM

DOW

22151

22087

22063

22031

22154

22159

22197

22374

22090


10:58:48PM

JAPAN

19870

19781

19747

19703

19881

19879

19926

19971

19791


 

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:CEY Centamin** **LSE:EME Empyrean** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:IQE IQE** **LSE:KAZ Kaz Minerals** **LSE:LMI LonMin** **LSE:PMG Parkmead** **LSE:POLY Polymetal** **LSE:RBS Royal Bank Scot** **LSE:WTG Watchstone** **

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Updated charts published on : Barclays, BP PLC, Centamin, Empyrean, Fresnillo, Gulf Keystone, IQE, Kaz Minerals, LonMin, Parkmead, Polymetal, Royal Bank Scot, Watchstone,


LSE:BARCLSE:BARC Barclays. Close Mid-Price: 191.55 Percentage Change: + 0.10% Day High: 193.75 Day Low: 189.7

Target Met. While it was not the most dramatic movement, by reaching 193.7 ........

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View Previous Barclays & Big Picture ***


LSE:BP.LSE:BP. BP PLC. Close Mid-Price: 452.35 Percentage Change: + 0.77% Day High: 454.35 Day Low: 446.6

Essentially unchanged: Above 455 is supposed to generate growth toward 460 ........

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View Previous BP PLC & Big Picture ***


LSE:CEY Centamin Close Mid-Price: 148.2 Percentage Change: -3.07% Day High: 152.6 Day Low: 148.3

This has wandered through the door marked madness. Below 148 and we're sti ........

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View Previous Centamin & Big Picture ***


LSE:EME Empyrean Close Mid-Price: 21.25 Percentage Change: -13.71% Day High: 28.25 Day Low: 20.88

Target Met. By closing below 22p, we've little choice but to suspect below ........

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View Previous Empyrean & Big Picture ***


LSE:FRES Fresnillo Close Mid-Price: 1513 Percentage Change: -3.63% Day High: 1569 Day Low: 1516

Whatever reason was found to reverse this was nasty as moves continuing be ........

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View Previous Fresnillo & Big Picture ***


LSE:GKPLSE:GKP Gulf Keystone. Close Mid-Price: 125 Percentage Change: + 1.63% Day High: 124.75 Day Low: 120.75

We've not been ignoring GKP as it seemed not worthwhile updating while the ........

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View Previous Gulf Keystone & Big Picture ***


LSE:IQE IQE Close Mid-Price: 136.75 Percentage Change: -6.97% Day High: 148 Day Low: 135.25

Whatever this said to offend the meerkat is proving dangerous as below 135 ........

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View Previous IQE & Big Picture ***


LSE:KAZ Kaz Minerals Close Mid-Price: 768.5 Percentage Change: -5.76% Day High: 812.5 Day Low: 766

Target Met. Will it bounce? The immediate situation suggests weakness belo ........

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View Previous Kaz Minerals & Big Picture ***


LSE:LMI LonMin Close Mid-Price: 79 Percentage Change: -2.47% Day High: 81.5 Day Low: 76

Below 76 still justifies concern as it allows 63p with secondary, when br ........

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View Previous LonMin & Big Picture ***


LSE:PMG Parkmead Close Mid-Price: 34.62 Percentage Change: -1.07% Day High: 35 Day Low: 32

Target Met. Will it bounce with any conviction? It's actually quite a big ........

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View Previous Parkmead & Big Picture ***


LSE:POLY Polymetal Close Mid-Price: 840.5 Percentage Change: -2.10% Day High: 865 Day Low: 840

Ongoing weakness below 840 looks like 836 next and hopefully some sort of ........

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View Previous Polymetal & Big Picture ***


LSE:RBS Royal Bank Scot Close Mid-Price: 249.6 Percentage Change: -0.04% Day High: 252 Day Low: 248.5

Virtually unchanged : Movement still above 252 should bring 252.55 into vi ........

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View Previous Royal Bank Scot & Big Picture ***


LSE:WTG Watchstone Close Mid-Price: 90 Percentage Change: -1.10% Day High: 92 Day Low: 90

Unchanged but triggered. Below 90p still points at 86.25p and hopefully a ........

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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:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **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:CLLN CARILLION PLC** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **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:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SGP Supergroup** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **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!

 

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.

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