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ASOS Plc  (LSE:ASC) and the price of returning to sanity!

#Gold #DOW   Ever had one of these days when nothing actually worked out? Monday proved eventful in this respect as my schedule was planned. First, rise just after 7am, make coffee, and watch the markets as they opened, running a few test scenario to try and figure out where things are going. By 9:30, I was mentally propped to contact the DVLA in Swansea to discuss a problem with our registration document. Long story short, the dealer did the registration on-line, then also did it on paper, the registered keeper being myself on one document and my wife on another. It also increased the number of keepers. Once the incredibly helpful lady at the DVLA stopped laughing, she conceded she’d never experienced this and would need a superior to assist. It was to take quite a few hours to sort this out, so the next job was missed and my grey remained undyed. The next job was to order a garden shed, an exercise which failed due to payment authentication and the efforts of 3 Mobile.  A text message was supposed to arrive on my phone, allowing the transaction to be completed.

The phone, quite smugly, remains unimpressed and no message was received. Living in a mountainous area in Argyll, this wasn’t entirely unheard of so I climbed up above the cliff in the hope the bars on my phone appeared. They didn’t.

In frustration, I used my wifes phone to contact 3 Mobile, while also changing the “call verification” number with the bank. 3Mobile informed they’d turned off 3G services in our area, meaning I needed a new phone. As I’d replaced ny phone earlier this year, their advice was going to be wrong and of course, it was. The Samsung device “only” needed something enabled to allow 4g to work. Meanwhile, my wifes phone still had not received the verification code and I queried with the bank. It would take 48 hours for the change to enact and even if I wanted to change it back to my own phone number, it would still take 48 hours.

By now, we’d a car in the driveway which wasn’t entirely registered or insured, thanks to the mess up. We’d a phone which wasn’t working properly and a shed purchase hanging in utter limbo. Keeping calm was the order of the day, difficult to disguise due to my remaining surfeit of grey hair,  and all that was needed next was to order Heating Oil. Unfortunately, it was now after 5pm and they were closed, making this the most unsuccessful “To Do” list ever to ruin a Monday.

 

ASOS share price seems to have been executing a “Not To Do” list of concepts as it has proven pretty foul since May 2023. On the bright side, when we previously reviewed this, we’d speculated on a potential bottom at 277p but encouragingly, the lower it has fallen has been around 320p, perhaps implying some hidden strength in the share price. We can certainly wonder if their recent sale of “TopShop” shall justify some growth in the share price or perhaps, their sane charge of a return fee of nearly £4 to challenge those buyers who are just messing around with a previous free return policy. Alternately, of course, there’s the risk the Chinese giant Shein will close in as they invade the UK after eclipsing Boohoo?

Currently, it feels like some recovery potential is slowly becoming possible, movement above just 436 hopefully triggering recovery to an initial 530 with our secondary, if bettered, an amazing (and thus, unlikely) looking 573p.

Should things intend behave like our Monday, below 411 threatens weakness to an initial 394 with our secondary, if broken at 385p. We would really hope for a bounce before the 385p level as the share price, from a Big Picture argument, cannot afford to experiment below such.

 

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:02:44PM BRENT 7490.8 Success
11:38:20PM GOLD 2648.27 2644 2635 2635 2654 2668 2674 2684 2656
10:42:08PM FTSE 8315.1 Success
10:45:41PM STOX50 5051.5 Success
10:50:41PM GERMANY 19557.1 ‘cess
11:20:51PM US500 5865.5 Success
11:26:17PM DOW 43135 42701 42596 42410 42914 43154 43423 44107 42701
11:30:22PM NASDAQ 20452 Success
11:35:43PM JAPAN 40115 ‘cess

 

14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%

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 info@trendsandtargets.com. 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:EZJ EasyJet** **LSE:ITM ITM Power** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **

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Updated charts published on : EasyJet, ITM Power, Rolls Royce, Standard Chartered,

LSE:EZJ EasyJet. Close Mid-Price: 502.2 Percentage Change: + 1.33% Day High: 506.6 Day Low: 490

Further movement against EasyJet ABOVE 506.6 should improve acceleration ……..

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LSE:ITM ITM Power Close Mid-Price: 45.58 Percentage Change: -0.78% Day High: 48 Day Low: 44.9

In the event ITM Power experiences weakness below 44.9 it calculates with ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 538.6 Percentage Change: + 0.26% Day High: 539 Day Low: 526.8

Continued trades against RR. with a mid-price ABOVE 539 should improve th ……..

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LSE:STAN Standard Chartered Close Mid-Price: 839.4 Percentage Change: -0.26% Day High: 845.6 Day Low: 830.8

Continued trades against STAN with a mid-price ABOVE 845.6 should improve ……..

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*** End of “Updated Today” comments on shares

Posted on

Barclays  (LSE:BARC) nearly at party time…

 #Brent #Germany  It’s not often you get to prove to your wife that you’re not a fruitcake but on Saturday night a miracle happened. At 9pm, outside and looking at the sky, there were three stars in a neat row, a formation which had no business being in the sky at that time of night. Due to repeated inept attempts to catch recent Borealis, somehow I’d become aware of what to expect and for a change, I called my wife to come look at the strange lineup. Needless to say, neither of us brought a camera. She came outside, started to become irritated at the sub-zero temperature but finally understood which line of stars we were looking at.

Suddenly, the “middle” star moved, heading in the direction of the southern one, then reversed, moving at the sort of speed expected when the International Space Station meanders through the night sky. Abruptly, it changed direction, moving off at an angle at an even higher speed, then suddenly accelerated north and vanished from sight at stunning speed in utter silence. My wife forgot the cold, asking instead “what the heck was that?” We returned indoors, I explained what it couldn’t have been, conceding a loss to explain what we’d just watched, something unidentified. And just to confirm, a check of one of the aircraft radar sites showed nothing was in the sky. We’d officially watched something “Unidentified”. And to give a polite cough, it was also above Europe’s Top Secret nuclear arms dump here in Argyll which will probably be making conspiracy theorists detonate.

 

For a change, our leader article actually relates to our discussion topic, mystery signs which simply cannot be clearly identified. Barclays keeps showing optimistic signals, suggesting the share price might actually move in a positive direction. Maybe like our unidentified light in the sky, it simply needs sufficient numbers of folk to believe in it…

Our latest “positive signal” for Barclays comes from the point at which the share price closed the session on Friday 11th October. By closing at 235.85p, the share price managed to close above a downtrend which dates back to a silly sounding February 2007. When we extrapolate on this particular trend line, on Friday it needed to close above 235.229p and by a less than impressive 0.3p, this feat was achieved. Perhaps it’s meaningless, perhaps it’s the case the market is conceding this share price could actually become useful.

Currently, we shall be inclined to take movements above 241.65, the prior high before the trend was exceeded, at holding the potential of triggering share price shuffles toward an initial 255p with our longer term secondary, if this initial is exceeded, calculating at a future 316p. To judge by historical behaviour, we shall not be surprised if the 316p level experiences some hesitation.

Should things intend go wrong, Barclays share price needs diminish below 216 to cause trouble, risking promoting reversal to 194 with our secondary, if broken, at an eventual 162p. We do have a suspicion, if such messy reversals are triggered, we would hope to see the share price bounce well before our secondary target at 162p, ideally around 180p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
3:11:48AM BRENT 7878 7732 7669 7570 7968 7968 8138 8347 7856
11:19:31PM GOLD 2656.68 2651
11:24:05PM FTSE 8256.4 8247
11:25:57PM STOX50 4999 4994
11:28:11PM GERMANY 19352.9 19174 19103 19004 19266 19402 19449 19630 19346
11:39:36PM US500 5812 5800
11:43:46PM DOW 42847.2 42700
11:45:34PM NASDAQ 20261.1 20227
11:47:20PM JAPAN 39725 39690

 

11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%

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 info@trendsandtargets.com. 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:CCL Carnival** **LSE:CPI Capita** **LSE:ECO ECO (Atlantic) O & G** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **

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Updated charts published on : Carnival, Capita, ECO (Atlantic) O & G, Firstgroup, Fresnillo, ITM Power, Oxford Instruments, Rolls Royce,

LSE:CCL Carnival. Close Mid-Price: 1446 Percentage Change: + 1.83% Day High: 1446.5 Day Low: 1411

All Carnival needs are mid-price trades ABOVE 1446.5 to improve accelerat ……..

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LSE:CPI Capita. Close Mid-Price: 20.95 Percentage Change: + 2.70% Day High: 21.25 Day Low: 20.4

Continued trades against CPI with a mid-price ABOVE 21.25 should improve ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10 Percentage Change: -5.66% Day High: 10.62 Day Low: 10.12

Continued weakness against ECO taking the price below 10.12 calculates as ……..

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LSE:FGP Firstgroup Close Mid-Price: 137.4 Percentage Change: -0.07% Day High: 138 Day Low: 135.8

Target met. Weakness on Firstgroup below 135.8 will invariably lead to 12 ……..

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LSE:FRES Fresnillo. Close Mid-Price: 663.5 Percentage Change: + 1.45% Day High: 666.5 Day Low: 656

Target met. In the event of Fresnillo enjoying further trades beyond 666. ……..

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LSE:ITM ITM Power Close Mid-Price: 45.94 Percentage Change: -3.69% Day High: 48.86 Day Low: 45.4

Continued weakness against ITM taking the price below 45.4 calculates as ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 1970 Percentage Change: + 1.13% Day High: 2040 Day Low: 1932

Weakness on Oxford Instruments below 1932 will invariably lead to 1853p w ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 537.2 Percentage Change: + 1.36% Day High: 535.8 Day Low: 523

All Rolls Royce needs are mid-price trades ABOVE 535.8 to improve acceler ……..

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*** End of “Updated Today” comments on shares

Posted on

FTSE for Friday Freebie. Wow, globally!

FTSE for FRIDAY  (FTSE:UKX)  

Our impoverished British Prime Minister,  reduced to accepting donations of clothes and spectacles for his family once he took office, now appears to be plumbing a new low, something the Americans even have coined a phrase for. “Stolen Valour” is currently being used to describe one of the Vice President nominations, a bloke who claims to have been in war and also, to have left the US army at a rank he’d not actually achieved. Personally, while being fairly dispassionate about the whole thing, it was with a bit of a shock when the UK Prime Minister claimed a family member had been aboard a ship which was torpedoed during the Falklands war. Unless his uncle was fighting for Argentina, those of us who lived through that period will remember absolutely NO British vessels were sunk by torpedo.

To be honest, when news of an Argentinean ship being sunk appeared, it was a fairly scary moment for those of us gathered in a pub that Tuesday evening, jointly worried if conscription was about to be inflicted on younger males of a draftable age. But unless the Prime Ministers relative was working for the Argentineans, it’s unlikely he was torpedoed, though it would go some way to explaining the fury – at the time – from certain members of the Labour Party who seemed to think such an event was “just not fair”.

Tonight, it was tempting to steal someone else’s photograph of the Aura Borealis on Thursday evening. The show was substantially better than the display last May as this time, curtains of light were clearly visible in the sky above Argyll, amazing colours appearing then vanishing, along with what looked like jet contrails crossing the sky from East to West. As a “sensible” photographer, a camera is always ready to be grabbed and this time, my fancy Nikon was pulled off the shelf. Shown below, green lights moving above the trees, utterly concealing how impressive the evening was. It appears to use my model of Nikon successfully at night, a degree in photography would help. The camera can do a close up of an aircraft at 40,000 feet, just by using the zoom button but night-time snapshots are a little challenging. Hence, considering committing the crime of “Stolen Snapshots” to try and illustrate an event which finally gave an understanding as to why folk drool about Aurora Borealis. On the plus side, no-one is going to steal the photo below as it’s a bit rubbish.

 

It’s interesting to note, since the previous Aurora event in May 2024, the FTSE has hardly moved, fluttering above and below the 8300 point level. In the same period, the DOW has gained 3,000 points while Germany managed a 1,000 point gain. Even France has been worthy of comment, unfortunately due to the index sinking by 500 points. But for the UK, we’re worried at the markets ability to effectively flatline for 5 months. Perhaps everyone is waiting for our obviously impoverished Prime Minister to make an appearance at the gates of Downing St, busking on a banjo about his old Uncle Albert in the Navy. All he needs is someone to donate a big hat for begging.

 

Anyway, returning to the FTSE, we’re obviously extremely frustrated at the lack of imaginative movement for the recent 5 months. Visually, if it were a share, we’d be pretty comfortable it was simply awaiting the correct set of circumstances to head upward and paint new all time highs. To be fully ridiculous, we need to admit the FTSE index value is now regarded as trading in a zone where a future attraction is coming from 10,190 points. This is a significant number when compared with current price levels. The obvious worry with such halts in market gains is the old threat, “if it ain’t goin’ up, it’s goin’ down.”. Generally, when a share price experiences this sort of hesitation, any downward movement tends be short lived, the market being surprised by quite coherent recovery and gains.

 

From a nearer term perspective, the salient detail the FTSE hasn’t actually done anything since May 2024 is proving extremely frustrating., creating a situation where below 8220 points now threatens reversal to an initial 8146 with our secondary, if broken, at the possibility of joining Prime Minister Starmer on the pavement, begging for a low of 8089 points. If triggered, the tightest stop looks attractive at 8236 points.

Our alternate scenario allows above 8274 points triggering gains to an initial 8327 points with our secondary, if beaten, at an amazing 8459 points!.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:46:56PM BRENT 7902 7672 7551 7413 7806 7966 8138 8344 7865 ‘cess
10:12:48PM GOLD 2629.27 2603 2593 2580 2619 2632 2637 2643 2617 ‘cess
10:18:30PM FTSE 8252.8 8216 8193 8164 8243 8280 8300 8339 8256
10:22:08PM STOX50 4978.3 4949 4929 4907 4969 4988 4998 5015 4965
10:50:25PM GERMANY 19226.5 19143 19131 19072 19243 19291 19381 19540 19218
11:05:09PM US500 5782.6 5763 5758 5745 5780 5795 5808 5823 5770
11:09:25PM DOW 42475 42300 42245 42136 42428 42550 42582 42676 42430
11:13:52PM NASDAQ 20246 20114 20089 20011 20320 20320 20367 20451 20183
11:16:52PM JAPAN 39390 38871 38860 38576 39130 39509 39682 39949 39216 Success

 

10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%

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 info@trendsandtargets.com. 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:AFC AFC Energy** **LSE:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:FRES Fresnillo** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

********

Updated charts published on : AFC Energy, Carnival, ECO (Atlantic) O & G, Fresnillo, Marks and Spencer, Oxford Instruments, Spirax,

LSE:AFC AFC Energy Close Mid-Price: 8.5 Percentage Change: -8.60% Day High: 9.04 Day Low: 7.51

Target met. Weakness on AFC Energy below 7.51 will invariably lead to 6.2 ……..

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LSE:CCL Carnival. Close Mid-Price: 1420 Percentage Change: + 1.25% Day High: 1424.5 Day Low: 1370.5

In the event of Carnival enjoying further trades beyond 1424.5, the share ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10.6 Percentage Change: -3.64% Day High: 11 Day Low: 10.62

Weakness on ECO (Atlantic) O & G below 10.62 will invariably lead to 9.4p ……..

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LSE:FRES Fresnillo. Close Mid-Price: 654 Percentage Change: + 3.48% Day High: 650 Day Low: 627

Further movement against Fresnillo ABOVE 650 should improve acceleration ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 379.9 Percentage Change: -0.78% Day High: 383.5 Day Low: 377.3

Further movement against Marks and Spencer ABOVE 383.5 should improve acc ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1948 Percentage Change: -2.40% Day High: 1992 Day Low: 1956

If Oxford Instruments experiences continued weakness below 1956, it will ……..

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LSE:SPX Spirax Close Mid-Price: 6910 Percentage Change: -1.14% Day High: 6985 Day Low: 6860

Target met. If Spirax experiences continued weakness below 6860, it will ……..

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*** End of “Updated Today” comments on shares.

Posted on

Silver vs US Dollar , is it worth smuggling like Jeremy Clarksons haul.

#Gold #SP500   Historically, we’ve ample reason to utterly distrust Silver price movements, quite literally dating back to that Friday in 2011 when we suspect whoever was controlling the price  went out for wet lunch, leaving an intern to make decisions. When everyone came back from the pub and noticed Silver was almost at 50 dollars, the commodity suffered the fastest reversals seen since that Falklands oil company mentioned the bucket of oil they’d discovered was actually just dirty water. Prompting us to revisit Silver, the final episode of Grand Tour with Jeremy Clarkson, James May, and Richard Hammond, featured the trio pretending to smuggle several kilo’s of Silver out of Zimbabwe and in the process discovering the only border in the continent not manned by folk with guns and more soldiers than can be justified. Spoiler alert; their cunning plan was a success but a further question arose?

In the 7 years since they started the show, Jeremy Clarkson has somehow managed to become around 18 months pregnant, developing a massive baby bump which calls the state of his health into question. His car in the final episode was a diminutive Lancia Monte Carlo, a car designed for folk with a smaller stature, and how he managed to get in and out of the vehicle remains a puzzle. But on the bright side, as someone with experience driving that little sports car extensively at high speed, it was a pleasure to finally see one appear on a car program.

 

Returning to their efforts of smuggling silver out of the country, an initial workout for the eyebrows came when they discussed the price of the raw metal in Zimbabwe. A quick visit to exchange rates and our calculations showed the potential for quite an impressive 10 fold profit. Though it may have been 1,000 fold as there was some uncertainty about how they paid for it. Inevitably, the final episode of the show inspired us to actually revisit Silver to try and discover if the markets harbour any ambitions for a future above the $30 level. Surprising to note, there are some early signs hinting this may be the case.

In the last few weeks, the price of Silver has dared to break above the downtrend since 2011 but importantly, the value of the metal has not been permitted to close above the trend. Instead, we’ve 8 upward flourishes which just may be a tease to sucker folk into believing price movements with Silver will follow those of Gold. This feels very unlikely but we shall now be interested if Silver bubbles above $33 as this should now trigger a lunge in the direction of 36.2 next with our longer term secondary, if bettered, at 38.8 dollars.

Overall, should the price of Silver manage to close above the $33 level, we shall regard it as entering a long term cycle to a future $45.

 

But of course, thanks to events in 2011 and our ability to maintain a long term grudge, we’d now be concerned if Silver melted below $29.5 as weakness down to an initial $23 calculates as possible with our secondary, if broken, at a hopeful bottom of just $20 and hopefully a proper bounce.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:20:38PM BRENT 7669.4 ‘cess
11:23:30PM GOLD 2608.86 2605 2595 2565 2624 2625 2632 2641 2615
11:26:22PM FTSE 8268 Shambles
11:31:35PM STOX50 4984 ‘cess
11:34:49PM GERMANY 19269 ‘cess
11:38:13PM US500 5788.4 5733 5710 5681 5759 5797 5807 5852 5769 ‘cess
11:42:12PM DOW 42512.7 Success
11:44:51PM NASDAQ 20261 Success
11:48:17PM JAPAN 39658

 

9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%

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 info@trendsandtargets.com. 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:AFC AFC Energy** **LSE:CCL Carnival** **LSE:MKS Marks and Spencer** **LSE:MMAG Music Magpie** **

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Updated charts published on : AFC Energy, Carnival, Marks and Spencer, Music Magpie,

LSE:AFC AFC Energy Close Mid-Price: 9.3 Percentage Change: -6.06% Day High: 10.06 Day Low: 9.15

If AFC Energy experiences continued weakness below 9.15, it will invariab ……..

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LSE:CCL Carnival. Close Mid-Price: 1402.5 Percentage Change: + 8.34% Day High: 1403.5 Day Low: 1292

Further movement against Carnival ABOVE 1403.5 should improve acceleratio ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 382.9 Percentage Change: + 2.96% Day High: 382.4 Day Low: 373.8

Target met. All Marks and Spencer needs are mid-price trades ABOVE 382.4 ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.65 Percentage Change: + 0.58% Day High: 8.84 Day Low: 8.6

Continued trades against MMAG with a mid-price ABOVE 8.84 should improve ……..

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*** End of “Updated Today” comments on shares

Posted on

Rolls Royce Holdings Plc (LSE:RR.), stop and buy one…

#FTSE #NASDAQ When running through the headlines prior to writing about Rolls Royce, we accidentally stumbled over an Autocar article about the new Rolls-Royce Ghost offering from BMW. Our reasoning for avoiding ever buying a Rolls Royce comes from the other BMW marque, “Mini” along with the often appalling reliability of the vehicles. A relative experienced this at first hand, eventually being told the only fix the dealer could recommend was a new engine, along with the risk this might not solve the electronic problem. Eventually, she realised they simply were unable to sort the issue and effectively scrapped the vehicle, buying a Toyota which has proven utterly reliable, especially as she remembered to have rust treatment applied before it enjoyed Scotlands salty roads.

Of course, the real reason to avoid buying a Rolls Royce, especially after reading the Autocar review, relates to the price of the things. Dropping a 1/3rd of a million on a car which is designed to convince the occupants they are not in a car is silly. Plus, when a chum bought a Bentley Continental GT, within the first year he appreciated cars such as this cannot be purchased unless you can also afford the exorbitant maintenance costs. And thus, after admitting there’s no way we could afford the purchase of a Roller, it’s time to review the real Rolls Royce company who no longer make the cars on which their fame was initially built.

With Rolls Royce and their stunning reputation in jet engine manufacture, it must be admitted there are few companies more deserving of trust when they have successfully knocked together modular nuclear power generation plants, their designs now approved in the USA. Essentially, this is a regime where a few big trucks can park beside a source of water, then produce sufficient electricity to charge a Tesla or provide power for an entire city. With the USA seeming to find its infrastructure trashed in different areas by weather events, there must be a growing awareness mobile nuclear power perhaps shall not be a bad thing. And if it comes with a Rolls Royce logo, so much the better.

 

Rolls Royce share price has been climbing quite remorselessly during 2024, thankfully paying visual homage to our prior target levels of 309 and 397p. For a while, we suspected it may be “stuck” at the 309 level until in February this year, the market opted to gap the price up to 355p and get things moving. Once again, things stalled at the 397 level until, once again, the market gapped the share price upward toward the end of March this year. With price gains again kick started, Rolls Royce finally hit a high of 535p a few weeks ago, the period since working hard to give the impression the rising cycle has again stalled.

We smell a rat.

While we suspect some dramatics shall be possible in the near term with a chance of reversal to 494p, it feels like there is plenty of room for more positive gains. Our scenario is pretty unusual, suspecting the market may play ball by once again gapping Rolls Royce upward anytime soon, preferably above 550p as this trigger calculates with an initial target of 642p. In the event such a level is exceeded, we can introduce a long term target of 721p and that’s it. The share price shall either need a really convoluted path to 721p or the market will need to keep gapping it up at the open for us to be gifted with the ability of calculating beyond 721p.

And of course, there’s always the classic danger of us thinking we understand what’s happening with this share price and unfortunately, usually with someone is convinced they know what’s going on, that’s the point where the universe gives a lazy grin and says “gotcha”.

Our only defence at this point needs RR to close a session below 494p to justify panic.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
1:13:14AM BRENT 7743 Shambles
1:16:00AM GOLD 2522.15 Success
1:23:36AM FTSE 8215.3 8182 8155 8095 8230 8267 8300 8340 8227 Success
1:27:11AM STOX50 4958.3 ‘cess
1:51:22AM GERMANY 19101
1:55:30AM US500 5747.5
1:59:45AM DOW 42051.2
2:08:53AM NASDAQ 20084.9 19976 19937 19871 20080 20137 20190 20258 20077 ‘cess
2:13:24AM JAPAN 39382 Success

 

8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%

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 info@trendsandtargets.com. 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:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **LSE:TLW Tullow** **

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Updated charts published on : ECO (Atlantic) O & G, EasyJet, Gulf Keystone, Oxford Instruments, Spirax, Tullow,

LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 11 Percentage Change: -2.22% Day High: 11.25 Day Low: 10.75

If ECO (Atlantic) O & G experiences continued weakness below 10.75, it wi ……..

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LSE:EZJ EasyJet. Close Mid-Price: 494 Percentage Change: + 0.63% Day High: 497.3 Day Low: 483.7

Now above 503 should be interesting, capable of triggering recovery to an ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 133.3 Percentage Change: + 4.88% Day High: 137 Day Low: 129.4

In the event of Gulf Keystone enjoying further trades beyond 137, the sha ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1982 Percentage Change: -2.60% Day High: 2015 Day Low: 1984

Continued weakness against OXIG taking the price below 1984 calculates as ……..

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LSE:SPX Spirax Close Mid-Price: 6945 Percentage Change: -2.32% Day High: 7065 Day Low: 6980

In the event Spirax experiences weakness below 6980 it calculates with a ……..

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LSE:TLW Tullow Close Mid-Price: 25.02 Percentage Change: -5.58% Day High: 27.16 Day Low: 24.72

Further movement against Tullow ABOVE 27.16 should improve acceleration t ……..

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*** End of “Updated Today” comments on shares

Posted on

Morgan Sindall Group Plc  (LSE:MGNS) building success. Maybe.

#Gold #WallSt   It’s funny how, on a day when we finally selected a new garden shed and ordered it, a couple of emails arrived asking our thoughts on a UK builder.  While it’s inevitable a success story like MGNS.L avoid fitting garden sheds, what’s proving a surprise is how difficult it is to find someone to actually build the sodding thing when it arrives on Friday. The manufacturer suggests assembly should be a 2 hour job, a figure which is doubtless rubbish when “assembly” meets real life. Our previous upper garden shed, the one which flew away in January storms, famously indicated a 6 hour assembly time but, in reality, it took three days for two of us to get the thing bolted together. This replacement shed is being placed on a bed of paving slabs, as solid as it gets, and my wife has banned me from taking any part in the build process for “health” reasons. This is a polite way of acknowledging she does not want the shed over-engineered, when I spot obvious weakness’s during construction.

During the January storm, being curious as to how my lower garden shed was surviving, after sliding open the doors it was impressive to realise the steel structure was utterly silent, despite the external battering from 80mph winds. Clearly, the additional bracing fitted was making a difference and regardless of whoever we eventually find to build our additional shed, there are going to be some efforts to strengthen the roof and walls internally.

The current situation is; a near neighbour owns one of the largest building companies here in Argyll and I asked him about the shed problem. He suggested approaching his teenage daughter as she would appreciate the cash, along with actually having something to do when she’s home from Uni for a weekend. This is going to be interesting…

 

As for Morgan Sindall Plc, their share price gives considerable hope further gains can be anticipated but there’s a danger the share price is approaching a logical ceiling. Should the stock market commence “gapping” this share price up at the open anytime soon, our target levels are liable to be exceeded but for now, we can only go with movements during this year. Currently, above 3155p should enter a cycle to an initial 3358p with our secondary, if exceeded, working out at a future 3750p and very possible hesitation. In the absence of evidence showing the price being manipulated upward at the open of trade, we are fairly confident it is approaching an imaginary ceiling.

Of course, we’ve an alternate scenario, one which asks for the share price to dig below 2950p to cause trouble, risking triggering reversals to an initial 2670 with our longer term secondary and bounce point working out at an eventual 2240p.

We like this one but potentially not for long.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:55:01PM BRENT 8110 ‘cess
11:30:54PM GOLD 2642.21 2638 2622 2606 2651 2660 2670 2683 2650
11:38:10PM FTSE 8284.1
11:41:40PM STOX50 4948.9
11:45:38PM GERMANY 19010.4
11:49:06PM US500 5691.4 ‘cess
11:55:53PM DOW 41916.5 41804 41651 41400 42017 42300 42440 42650 42098 ‘cess
12:00:07AM NASDAQ 19761
11:04:55PM JAPAN 38731 Success

 

7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%

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 info@trendsandtargets.com. 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:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **

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Updated charts published on : Firstgroup, HSBC, Spirax, Standard Chartered, Tullow,

LSE:FGP Firstgroup Close Mid-Price: 138.9 Percentage Change: -0.57% Day High: 140.3 Day Low: 136.4

Target met. Continued weakness against FGP taking the price below 136 cal ……..

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LSE:HSBA HSBC. Close Mid-Price: 695.2 Percentage Change: + 0.49% Day High: 698.5 Day Low: 688.7

Continued trades against HSBA with a mid-price ABOVE 698.5 should improve ……..

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LSE:SPX Spirax Close Mid-Price: 7110 Percentage Change: -0.14% Day High: 7215 Day Low: 7045

Continued weakness against SPX taking the price below 7045 calculates as ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 840.6 Percentage Change: + 1.52% Day High: 843.8 Day Low: 827

All Standard Chartered needs are mid-price trades ABOVE 843.8 to improve ……..

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LSE:TLW Tullow. Close Mid-Price: 26.5 Percentage Change: + 6.17% Day High: 26.5 Day Low: 24.78

Now getting just a little interesting, the share price needed close above ……..

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*** End of “Updated Today” comments on shares

Posted on

Lloyds Banking Group  (LSE:LLOY) ready to have fun?

#Brent #SP500  It was a strange weekend, one literally packed full of the potential for something really stupid to happen. For some reason, every 5 years when my wife decides to change car, something daft happens and this time, things kicked off with her falling out with a bloke moving felled tree trunks around with a JCB. A big rule, when around machinery, is to never make a movement unless eye contact has been made with the operator. It was clear the guy was focussed on building a pile of timber, so I suggested to my wife she follow the dog and I on a wide detour through the forest. Unfortunately,  I hadn’t factored in my wifes ability to read peoples mind as she decided to ‘safely’ shuffle sideways past the big yellow machine, eventually making eye contact with an utterly incandescent machine operator who’d hit the panic stop switch.

Her excuse of not wanting to risk her brand new white trainers on the forest floor didn’t impress the operator, not did her attempt to explain she knew he was only working on the right hand side of the track and would have no reason to swing the boom to the left. It all made understanding Ferrari colours quite easy, the bright Red of the chaps face blending nicely with the Yellow paint of the machine… Our drive to the garage to view the car she wanted was in a dangerous angry silence after I explained she wouldn’t dare approach myself or my brother, if we were using chainsaws. And neither would she dream of going over the firing line, when our grand-daughter was humiliating me on the shooting range. Similar to all husbands, I never disagree with her logic in public but in the JCB moment, avoiding entering the conversation with the operator was probably sensible. He was right, she was wrong and her excuse pathetic. Mud on trainers can wipe off, just like blood on heavy machinery.

We arrived to review her potential car. As always, she utterly refused to test drive other than mess around with the drivers seat settings to ensure her feet could reach the pedals. (Funny story, they DID NOT reach the pedals of an MGB GT Coupe, the one occasion she didn’t do this test. But I liked that car and regret saying goodbye.) Anyway, she did the pedal test, then accidentally jumped into the rear seat of the vehicle, leaving me to take it for a howl around the block. It was comfortable in the rear and apparently dogs will not be irritated by noise levels. The car was bought, the garage folk genuinely astounded at her annual mileage of just over 2,500 miles, an advantage of staying in Argyll. Me, I’m unlucky if I go above 1,500 miles per annum but we’ve cheerfully planned a 600 mile day to do a round trip with the intention of getting used to her new vehicle – and buy a new wood burning stove! In summary, nothing stupid happened (yet), we bought the car, we collect it next weekend.

 

All these plans for the future are interesting, making us wonder about Lloyds continuing to avoid making the dangerous first step of becoming useful. Perhaps this isn’t entirely fair, the share price breaking through the Blue downtrend back in May of this year, every single dance step thereafter paying careful homage to the downtrend. It creates a situation where immediate arguments become difficult, forcing us to try and discover what trend the market next  intends pay some attention to.  There is a chance the downtrend since 2015 shall be regarded as important, suggesting the potential of some real gains in the market price, if only it would start increasing in price.

Should this be the case, the immediate situation demands Lloyds share price exceed roughly 61.338p to trigger movement to a potential 72p with our longer term secondary, if bettered, working out at a future 88.7p. Obviously, such an event shall have the UK Royal family enacting repeated bows from Buck House but it’s worth considering our secondary target matches a prior high from 2015, along with the potential for some real hesitation.

It’s all a bit messy, like mud on white trainers, but feels like patience should be required as Lloyds should be heading upward.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
12:55:12AM BRENT 7809 7739 7654 7562 7794 7934 8007 8155 7627 ‘cess
1:15:09AM GOLD 2653.01
1:34:19AM FTSE 8312.1 Shambles
1:38:55AM STOX50 4979.8
1:51:37AM GERMANY 19196.9 Shambles
12:20:18AM US500 5745.5 5694 5681 5655 5714 5756 5775 5800 5732 ‘cess
12:23:40AM DOW 42389 ‘cess
12:27:52AM NASDAQ 20046 ‘cess
12:30:52AM JAPAN 39736

\

4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%

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 info@trendsandtargets.com. 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:HSBA HSBC** **LSE:JET Just Eat** **LSE:STAN Standard Chartered** **

********

Updated charts published on : HSBC, Just Eat, Standard Chartered,

LSE:HSBA HSBC. Close Mid-Price: 691.8 Percentage Change: + 0.99% Day High: 696.5 Day Low: 679.9

Further movement against HSBC ABOVE 696.5 should improve acceleration tow ……..

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LSE:JET Just Eat. Close Mid-Price: 1156 Percentage Change: + 2.48% Day High: 1188 Day Low: 1124

Target met. Continued trades against JET with a mid-price ABOVE 1188 shou ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 828 Percentage Change: + 3.84% Day High: 832.6 Day Low: 792

Target met. Further movement against Standard Chartered ABOVE 832.6 shoul ……..

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*** End of “Updated Today” comments on shares.