Trends and Targets for 15/02/2018

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Galliford Try (LSE:GFRD) We received a few plaintive emails asking us to look at this lot from our Trend perspective as ideally everyone wants to know where bottom might be. The answer(s), given the days 19% reversal, are probably not terribly encouraging. In fact, they stink.

Firstly, when viewing the chart, the market opted to gap/manipulate the share price below the uptrend since 2009/10. The implication obviously is this particular trend is now complete with a new trend starting.

Secondly, the next implication is the market intends drive the price down.

This, alas, takes us to the stinky part of our calculations. We're showing the potential of 696p providing an immediate bounce potential. This gives a peculiar problem due to the Low of July 2016. If the share price now manages to CLOSE a session below 785, it is seen as producing Lower Lows, an issue which can provoke dire consequences for the longer term.

In the case of Galliford Try, it absolutely must bounce from 696p. Should it fail to do so, we're calculating 308p as a "best guess" but ridiculously, the long term ambition calculates with a minus sign preface. This creates the situation where 696p is probably the best place to hope for a real bounce.

Oddly, the share does not require much movement to suggest this has all been a dreadful mistake. Currently listed at 801p, it need 'only' exceed 883p to suggest bottom is already 'in' and further growth can be hoped to an initial 935p. As can be seen on the chart, this regains the historical trend with the potential of challenging the downtrend since the start of 2018, ideally justifying an entirely new analysis.

Chart goes here



Time Issued


Price At Issue

Short Entry

Fast Exit

Slow Exit


Long Entry

Fast Exit

Slow Exit







































































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

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:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:EMG MAN** **LSE:HL. Hargreaves Lansdown** **LSE:IHG Intercontinental Hotels Group** **LSE:KAZ Kaz Minerals** **LSE:PMO Premier** **LSE:RTHM Rythm One** **LSE:TLW Tullow** **LSE:VEC Vectura** **


Updated charts published on : Asos, BALFOUR BEATTY, Barrett Devs, MAN, Hargreaves Lansdown, Intercontinental Hotels Group, Kaz Minerals, Premier, Rythm One, Tullow, Vectura,

LSE:ASCLSE:ASC Asos. Close Mid-Price: 7130 Percentage Change: + 2.27% Day High: 7138 Day Low: 6898

This has taken the first steps of breaking the drop cycle. Near term, abov ........

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View Previous Asos & Big Picture ***

LSE:BBY BALFOUR BEATTY Close Mid-Price: 271.5 Percentage Change: -0.11% Day High: 273.9 Day Low: 260.1

Target Met. Will it bounce? While movements below 260 remain pointing at 2 ........

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View Previous BALFOUR BEATTY & Big Picture ***

LSE:BDEV Barrett Devs Close Mid-Price: 547.8 Percentage Change: -0.58% Day High: 558.2 Day Low: 540.2

Target Met or near enough. Near term, above 549 should bring 553.75 which, ........

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View Previous Barrett Devs & Big Picture ***

LSE:EMG MAN Close Mid-Price: 184.1 Percentage Change: -0.41% Day High: 188.05 Day Low: 181.45

This lot have dithered for a few sessions but now, appear determined to ro ........

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View Previous MAN & Big Picture ***

LSE:HL.LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1661.5 Percentage Change: + 1.28% Day High: 1674 Day Low: 1633.5

Below 1633 now indicates travel down to 1520 remains probable but we're no ........

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View Previous Hargreaves Lansdown & Big Picture ***

LSE:IHGLSE:IHG Intercontinental Hotels Group. Close Mid-Price: 4640 Percentage Change: + 0.87% Day High: 4657 Day Low: 4577

Near term above 4657 allows for movement to an initial 4695 with secondary ........

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View Previous Intercontinental Hotels Group & Big Picture ***

LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 823 Percentage Change: + 3.11% Day High: 832 Day Low: 788.8

Target Met. And bettered, always a good sign. Further moves above 832 sign ........

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View Previous Kaz Minerals & Big Picture ***

LSE:PMOLSE:PMO Premier. Close Mid-Price: 71 Percentage Change: + 0.64% Day High: 72 Day Low: 68.1

Target Met. This needs better 72.5 to start convince us it has bottomed as ........

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View Previous Premier & Big Picture ***

LSE:RTHM Rythm One Close Mid-Price: 224 Percentage Change: -3.45% Day High: 238 Day Low: 220

This is still pretty nasty as below 220 points has a suggestion of 211 wit ........

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View Previous Rythm One & Big Picture ***

LSE:TLW Tullow Close Mid-Price: 174 Percentage Change: -0.60% Day High: 178.3 Day Low: 169.25

Weakness now below 169 points at 160 initially with secondary, when broken ........

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View Previous Tullow & Big Picture ***

LSE:VEC Vectura Close Mid-Price: 76 Percentage Change: -2.69% Day High: 78.25 Day Low: 70.5

Target Met. This is looking a little vile. Two quite seperate logic point ........

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View Previous Vectura & 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: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:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **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:OXIG Oxford Instruments** **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: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:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VED Vedanta** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **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.


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