Trends and Targets for 5/07/2017
WORLDPAY (LSE:WPG) Fairly understandably - given their 27% day, we were pelted with emails asking how far up the food chain Worldpay could be expected to clamber. The answer was more uncomfortable than we'd prefer as, try as we might, our software refused to give a sane answer!
The problem was simple.
By 1pm the share was trading at 409p and the computer resolutely refused to calculate anything beyond 405p. Thankfully, when the share stopped trading for the day we were able to look at intraday dance steps and throw the final 210 minutes of data at the computer and demand new answers. To be honest, we'd generally distrust this approach but given the share price appears reacting to minute by minute hyperbole, it's about all that's left to us.
With the share closing the session at 408p, we're left in little doubt this unusual approach "might" make sense but be aware, if the market starts gapping the share upward without warning during the session, our numbers could turn to mush pretty quickly.
The situation now is fairly simple. Above 423p points at an initial expectation of 438p with secondary, if bettered, at 466p where we once again exhaust numbers. If triggered, the price would need slop below 342p to cancel optimism and trash the immediate potentials. And if below 312p, buying running shoes looks like a good idea!
|Time Issued||Market||Price At Issue||Short Entry||Fast Exit||Slow Exit||Stop||Long Entry||Fast Exit||Slow Exit||Stop||Prior|
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:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:CEY Centamin** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:HL. Hargreaves Lansdown** **LSE:IHG Intercontinental Hotels Group** **LSE:NG. National Glug** **LSE:PMG Parkmead** **LSE:RBS Royal Bank Scot** **LSE:RTHM Rythm One** **LSE:SHP Shire** **LSE:SXX Sirius Mins** **LSE:TLW Tullow** **LSE:VED Vedanta** **
Updated charts published on : Asos, BALFOUR BEATTY, Caspian, Centamin, Empyrean, Genel, Hargreaves Lansdown, Intercontinental Hotels Group, National Glug, Parkmead, Royal Bank Scot, Rythm One, Shire, Sirius Mins, Tullow, Vedanta,
LSE:ASC Asos Close Mid-Price: 5641 Percentage Change: -1.38% Day High: 5709 Day Low: 5623
Anything now below 5623 signals 5580 next, a point where some sort of boun ........
LSE:BBY BALFOUR BEATTY Close Mid-Price: 267.1 Percentage Change: -1.04% Day High: 269 Day Low: 265.6
By moving from the edge of interesting to the edge of darkness, it appears ........
LSE:CASP Caspian Close Mid-Price: 6.88 Percentage Change: -6.78% Day High: 7.38 Day Low: 6.88
Target Met. This appears intent on dropping as below 6.8 now suggests 5.3 ........
LSE:CEYLSE:CEY Centamin. Close Mid-Price: 156.1 Percentage Change: + 1.69% Day High: 156.8 Day Low: 151.6
Target Met or sufficiently close as below 150p looks bad, allowing a trend ........
LSE:EMELSE:EME Empyrean. Close Mid-Price: 8.75 Percentage Change: + 2.94% Day High: 9.25 Day Low: 8.38
It appears moves now above 9.25 can generate an initial 11p with secondary ........
LSE:GENLLSE:GENL Genel. Close Mid-Price: 96.25 Percentage Change: + 8.15% Day High: 97 Day Low: 87.75
Target Met. So much for our suspicions! Above 97 should now attack 104p ne ........
LSE:HL. Hargreaves Lansdown Close Mid-Price: 1266 Percentage Change: -1.17% Day High: 1282 Day Low: 1265
A share mid price of less than 1265 suggests 1224 with secondary a probabl ........
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4260 Percentage Change: -0.02% Day High: 4277 Day Low: 4233
Below 4233 signals 4192 next but realistically it now appears 4115 should ........
LSE:NG. National Glug Close Mid-Price: 942 Percentage Change: -1.26% Day High: 956.5 Day Low: 942.7
Below 942 signal 934p next with secondary a trend breaking 883p, placing t ........
LSE:PMG Parkmead Close Mid-Price: 41.25 Percentage Change: -2.94% Day High: 43.5 Day Low: 40
Target Met. Now below 40p suggests 38 initially but unfortunately it appea ........
LSE:RBSLSE:RBS Royal Bank Scot. Close Mid-Price: 255.8 Percentage Change: + 0.12% Day High: 258.7 Day Low: 253.6
Above 258.8 can be expected to target 260p near term. Secondary is 270 and ........
LSE:RTHM Rythm One Close Mid-Price: 40.5 Percentage Change: -1.22% Day High: 41.5 Day Low: 40
Further weakness below 40 signals 38p with some bounce potentials but seco ........
LSE:SHPLSE:SHP Shire. Close Mid-Price: 4242 Percentage Change: + 0.21% Day High: 4263 Day Low: 4187.5
Weakness below 4187 should bring 4150 initially (probably ignored) with se ........
LSE:SXXLSE:SXX Sirius Mins. Close Mid-Price: 28.75 Percentage Change: + 1.13% Day High: 29 Day Low: 25.26
Below 25.25 still points at 24 next as a bounce point. In the unlikely eve ........
LSE:TLWLSE:TLW Tullow. Close Mid-Price: 162.1 Percentage Change: + 3.64% Day High: 163.9 Day Low: 155.3
Above 164 signals 173 initially with secondary 182p. However, it remains d ........
LSE:VEDLSE:VED Vedanta. Close Mid-Price: 696 Percentage Change: + 2.13% Day High: 701 Day Low: 675
Now bettering 701 should bring 725 initially with secondary 745 and a high ........
*** 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:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CBUY Cloudbuy** **LSE:CLLN CARILLION PLC** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **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:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MONI Monitise** **LSE:MOS Mobile Streams** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **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:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SGP Supergroup** **LSE:SL. Standard Life** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **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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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.
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]