Trends and Targets for 16/04/2018

Share this

THE FTSE, THE FUTURE, The... whatever. (FTSE:UKX) A weekend with some truly surprising results. Apparently the West bombed somewhere without Russia intervening. Perhaps it was the Norfolk Broads, thus unnoticed by the media. More importantly, Formula 1 became interesting in China!

Since the start of April, the markets have pushed steadily upward, actually managing to give some hope for the future - this despite lurid newspaper headlines and drooling TV commentary. We've got a new number worthy of note on the FTSE and it's at 7293 points.

Apparently, should the FTSE manage above this point, ideally closing a session above, then a cycle to an initial 7404 points should commence. Secondary, if bettered, staggers along at around 7575 points. Stop can be placed below RED on the chart, currently at 7150 points.

One thing bothering us about all this optimism came from some share movements during the trading session on Friday. Sometimes it appears deliberate efforts are employed to slow things down and there's little doubt this behaviour was present amongst some banking shares. Genuinely, it makes us speculate whether the market is nervous about blind growth against a background of military threats. Should this be the case, we'd suggest some caution before blithely aiming for our secondary upward targets.

Then again, the market loves fear, especially fears which prove groundless.

What happens should 7150 break?

An initial relaxation to 7110 makes some visual sense. Secondary, if broken, comes along at around 7,000 points where we'd hope for a real bounce as the consequences below are quite grotty. We have mentioned 6,800 a few times previously.

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


10:41:47PM

BRENT

72.25

69.62

68.95

67.66

71

72.55

72.985

73.72

71.2



10:44:12PM

GOLD

1345

               

10:46:08PM

FTSE

7267

               

'cess


10:48:37PM

FRANCE

5315

               

Success


10:51:20PM

GERMANY

12456

               

'cess


10:53:15PM

US500

2659

               

10:56:12PM

DOW

24378

               

Shambles


10:58:25PM

NASDAQ

6632.49

               

Shambles


11:01:41PM

JAPAN

21742

21509

21335

21136

21865

21888

22137.75

22403

21509

'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:AV. Aviva** **LSE:BARC Barclays** **LSE:CAR Carclo** **LSE:FGP Firstgroup** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:HL. Hargreaves Lansdown** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:RBS Royal Bank Scot** **LSE:RTHM Rythm One** **LSE:SBRY Sainsbury** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VEC Vectura** **LSE:VED Vedanta** **

********

Updated charts published on : Aviva, Barclays, Carclo, Firstgroup, Genel, Gulf Keystone, Hargreaves Lansdown, Kaz Minerals, Lloyds Grp., OPG Power Ventures, Oxford Instruments, Parkmead, Royal Bank Scot, Rythm One, Sainsbury, Tesco, Taylor Wimpey, Vectura, Vedanta,


LSE:AV. Aviva Close Mid-Price: 508.2 Percentage Change: -0.27% Day High: 512.8 Day Low: 507.4

2018=70

Now, above 513 should still bring movement to 520 next with secondary 529. ........

Subscribe for more

View Previous Aviva & Big Picture ***


LSE:BARC Barclays Close Mid-Price: 213.35 Percentage Change: -1.23% Day High: 219.1 Day Low: 212.8

2018=12

Near term, in the event of Barc bettering 219.1p, we're showing movement t ........

Subscribe for more

View Previous Barclays & Big Picture ***


LSE:CAR Carclo Close Mid-Price: 92.2 Percentage Change: -2.95% Day High: 96 Day Low: 91.2

2018=70

This is perhaps about to become interesting as above 96 indicates 100p nex ........

Subscribe for more

View Previous Carclo & Big Picture ***


LSE:FGPLSE:FGP Firstgroup. Close Mid-Price: 112.4 Percentage Change: + 2.09% Day High: 114.1 Day Low: 108.9

2018=23

Target Met or near enough. Now above 115 and a visit to 123p next remains ........

Subscribe for more

View Previous Firstgroup & Big Picture ***


LSE:GENL Genel Close Mid-Price: 186.4 Percentage Change: -1.48% Day High: 192 Day Low: 186.2

2018=10

Movement now bettering 192 should commence a cycle toward 204p next with s ........

Subscribe for more

View Previous Genel & Big Picture ***


LSE:GKPLSE:GKP Gulf Keystone. Close Mid-Price: 149 Percentage Change: + 7.50% Day High: 150.4 Day Low: 139

2018=10

Growth now continuing up above 150.5 should bring an initial 153 with seco ........

Subscribe for more

View Previous Gulf Keystone & Big Picture ***


LSE:HL.LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1711 Percentage Change: + 0.44% Day High: 1717.5 Day Low: 1694

2018=18

Near term growth exceeding 1718p indicates travel to an initial 1742p with ........

Subscribe for more

View Previous Hargreaves Lansdown & Big Picture ***


LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 899 Percentage Change: + 1.10% Day High: 908.8 Day Low: 881

2018=7

Movement now above 909p still indicates near term growth up to 929 next wi ........

Subscribe for more

View Previous Kaz Minerals & Big Picture ***


LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 68.18 Percentage Change: + 0.04% Day High: 68.61 Day Low: 67.48

2018=23

Moves now above 68.61 remain indicative of 70p next with secondary, if bet ........

Subscribe for more

View Previous Lloyds Grp. & Big Picture ***


LSE:OPGLSE:OPG OPG Power Ventures. Close Mid-Price: 20 Percentage Change: + 2.56% Day High: 20 Day Low: 19.5

2017=28

Something appears to be finally happening here as above 20 looks capable o ........

Subscribe for more

View Previous OPG Power Ventures & Big Picture ***


LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 976 Percentage Change: + 3.83% Day High: 986 Day Low: 930

2018=10

Moves now above 986 indicate 1005 next which is believable. Secondary calc ........

Subscribe for more

View Previous Oxford Instruments & Big Picture ***


LSE:PMGLSE:PMG Parkmead. Close Mid-Price: 47.9 Percentage Change: + 8.99% Day High: 49.6 Day Low: 45.1

2018=70

Target Met. Moves now above 50 and a visit to 53 remains viable, along wit ........

Subscribe for more

View Previous Parkmead & Big Picture ***


LSE:RBSLSE:RBS Royal Bank Scot. Close Mid-Price: 264.8 Percentage Change: + 0.04% Day High: 267.5 Day Low: 264

2018=7

Near term above 268 should still bring 274 initially with secondary a less ........

Subscribe for more

View Previous Royal Bank Scot & Big Picture ***


LSE:RTHMLSE:RTHM Rythm One. Close Mid-Price: 180 Percentage Change: + 9.09% Day High: 184 Day Low: 167

2018=12

Target Met. Movement now up above 184 should bring an initial 192 with sec ........

Subscribe for more

View Previous Rythm One & Big Picture ***


LSE:SBRYLSE:SBRY Sainsbury. Close Mid-Price: 255.9 Percentage Change: + 1.15% Day High: 256.4 Day Low: 252.5

2018=23

Target Met. Continuing above 257p and travel to 269 remains viable. Second ........

Subscribe for more

View Previous Sainsbury & Big Picture ***


LSE:TSCOLSE:TSCO Tesco. Close Mid-Price: 233.6 Percentage Change: + 0.17% Day High: 236.8 Day Low: 230.7

2018=23

This is still looking fairly useful as above 237 signals near term movemen ........

Subscribe for more

View Previous Tesco & Big Picture ***


LSE:TW.LSE:TW. Taylor Wimpey. Close Mid-Price: 190.65 Percentage Change: + 0.21% Day High: 192.15 Day Low: 190

2018=23

This is still a little interesting as above 193p now looks capable of 196 ........

Subscribe for more

View Previous Taylor Wimpey & Big Picture ***


LSE:VECLSE:VEC Vectura. Close Mid-Price: 93.9 Percentage Change: + 3.70% Day High: 94.65 Day Low: 88.5

2018=14

Target Met. Now above 95p and traffic toward 112p next makes some sense ap ........

Subscribe for more

View Previous Vectura & Big Picture ***


LSE:VED Vedanta Close Mid-Price: 747.6 Percentage Change: -0.51% Day High: 759 Day Low: 740.8

2018=14

Something seems to be happening here as above 759 should bring an initial ........

Subscribe for more

View Previous Vedanta & 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:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **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: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: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:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **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:TLW Tullow** **LSE:UKOG UK Oils and Gas** **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.

495991
Our secure site will be unavailable this Sunday (22nd) from 6am until the evening. Sorry for any inconvenience.