Trends and Targets for 4/07/2017
SAGA (LSE:SAGA) It's funny how customs differ. In England, better 100 years and you get a note from Her Majesty. In Scotland, better 50 years and (as Mrs T&T discovered last week) you immediately get a note from the Scottish Govt asking you to pooh on it. Additionally, folk like Saga start to bombard you with "offers".
Kidding aside, a Bowel Cancer testing kit genuinely beat mailings from the folks who make a living from an ageing population and the innocent looking envelope enjoys pride of place in the loo, unused, while Mrs T&T gathers courage to read the instructions. But it also reminded us to update our SAGA view as we'd lost interest in it by 2015 due to the share price' tendency to behave as if it were using a Zimmer frame.
We've had a target price of 230p for two years and the price would need limp below 187p to dash any residual optimism. Near term, it appears anything above 212p should prince a useless 215p into view. Critically though, if 215p is bettered it should prove difficult for the share to avoid 230p and this is where it all gets fascinating.
The concept of 230p presents a new "All Time High" for the price, boosting the company into a region with a distant 256p twinkling in the distance. The price requires break RED (currently 187p) to scupper this outlook.
|Time Issued||Market||Price At Issue||Short Entry||Fast Exit||Slow Exit||Stop||Long Entry||Fast Exit||Slow Exit||Stop||Prior|
|10:04:09PM||GBPUSD /100.||Short to 128.65|
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:AGM Applied Graph.** **LSE:EME Empyrean** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IHG Intercontinental Hotels Group** **LSE:KAZ Kaz Minerals** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **LSE:SBRY Sainsbury** **LSE:SGP Supergroup** **LSE:SXX Sirius Mins** **LSE:VED Vedanta** **
Updated charts published on : Applied Graph., Empyrean, Firstgroup, Fresnillo, Glencore Xstra, Hikma, Hargreaves Lansdown, HSBC, Intercontinental Hotels Group, Kaz Minerals, Mobile Streams, National Glug, Sainsbury, Supergroup, Sirius Mins, Vedanta,
LSE:AGM Applied Graph. Close Mid-Price: 152.5 Percentage Change: -7.58% Day High: 165 Day Low: 152.5
Target Met. Our suspicion remains this intends hit 120 eventually. Near te ........
LSE:EMELSE:EME Empyrean. Close Mid-Price: 8.5 Percentage Change: + 13.33% Day High: 9 Day Low: 7.62
Target Met. This now risks getting interesting as, while we recommend clos ........
LSE:FGP Firstgroup Close Mid-Price: 122.3 Percentage Change: -2.70% Day High: 126.7 Day Low: 122
Target Met. Or near enough as below 121 points at 115 as a "must bounce he ........
LSE:FRES Fresnillo Close Mid-Price: 1466 Percentage Change: -1.35% Day High: 1492 Day Low: 1449
Below 1449 suggests 1396 next with secondary a very possible 1332p.
LSE:GLENLSE:GLEN Glencore Xstra. Close Mid-Price: 301.6 Percentage Change: + 5.01% Day High: 302.05 Day Low: 287.85
Target Met. Nice to see this move so quickly and now, ^up above 303p sugge ........
LSE:HIK Hikma Close Mid-Price: 1429 Percentage Change: -2.79% Day High: 1495 Day Low: 1429
Below 1429 points at 1402 with slight bounce prospects but in reality we r ........
LSE:HL. Hargreaves Lansdown Close Mid-Price: 1281 Percentage Change: -1.61% Day High: 1306 Day Low: 1279
A share mid price of less than 1279 suggests 1224 with secondary a probabl ........
LSE:HSBALSE:HSBA HSBC. Close Mid-Price: 729.8 Percentage Change: + 2.54% Day High: 730.1 Day Low: 720.6
Anything now above 731 hints at 760 next with secondary 775p. We suspect 7 ........
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4261 Percentage Change: -0.14% Day High: 4285 Day Low: 4241
Below 4241 signals 4192 next but realistically it now appears 4115 should ........
LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 539 Percentage Change: + 4.15% Day High: 541 Day Low: 510
Near term, up above 541p looks capable of 551p and a possible stutter unti ........
LSE:MOSLSE:MOS Mobile Streams. Close Mid-Price: 5.5 Downtrend now: 9.871 Uptrend now: 4.252 Percentage Change: + 22.22% Day High: 5.62 Day Low: 4.5
Target Met. This has managed to outperform slightly and anything above 5.6 ........
LSE:NG.LSE:NG. National Glug. Close Mid-Price: 954 Percentage Change: + 0.23% Day High: 957.2 Day Low: 947.5
Further limps below 947 signal 934p next with secondary a trend breaking 8 ........
LSE:SBRY Sainsbury Close Mid-Price: 248.9 Percentage Change: -1.11% Day High: 253.8 Day Low: 247.5
Below 247 promotes 245 with potential bounce chances but secondary at 235p ........
LSE:SGPLSE:SGP Supergroup. Close Mid-Price: 1536 Percentage Change: + 2.74% Day High: 1602 Day Low: 1480
Somehow this managed co-operation and above 1602 still calculates with 167 ........
LSE:SXX Sirius Mins Close Mid-Price: 28.43 Percentage Change: -6.30% Day High: 30.58 Day Low: 27.79
Below 27 still points at 24 next as a bounce point. In the unlikely event ........
LSE:VEDLSE:VED Vedanta. Close Mid-Price: 681.5 Percentage Change: + 6.15% Day High: 688.5 Day Low: 648
Target Met. Visually this is quite encouraging as now bettering 689 should ........
*** 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:AMER Amerisur** **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:CLLN CARILLION PLC** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IEH Intelligent energy** **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:MONI Monitise** **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:RTHM Rythm One** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:SL. Standard Life** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VEC Vectura** **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!
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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.
Note: The analysts cannot give financial advice or strategy solutions. If you want to get hold of them, their email is: [email protected]