#WallSt #Lloyds The Great Kitchen Robbery was finally resolved, just a few days into the New Year. We’d been experiencing the Great Side Plate theft, along with the phenomena of vanishing Tupperware type of containers. It transpired our grandchildren were responsible, our daughter returning a suitcase full of plastics and plates. Our grandchildren, happy to create lots of baking projects when they visit, were guilty of taking their creations home, either in plastic containers or covered with cling film on side plates.
We’d never noticed, due to the girls stuffing their bakery creations into their backpacks with every fortnightly visit! For reasons lost in time, we used to have a significant number of side plates and it was obvious 24 of the things were an abundance for just two people. But one day, my wife decided to cross examine me on just what I was doing with them as we only had 10 on the plate rack. My rebuttal accusation was an assumption she’d put the excess away in a cupboard and suddenly the game was afoot. One of us was clearly doing something silly but a search (yes, even under the bed) revealed nothing and like any married couple, we forgot about the issue. The next great debate related to plastic containers , the kitchen cupboard which used to provide an unwitting Jenga game, if someone opened it while forgetting to be ready to grab whatever started to fall. Neither of us had been showered with tupperware for a while.
This one, thankfully, was a little more simple as the girls had left with 4 containers full of my classic Christmas French Onion soup (includes 2 bottles of white wine!). A quick text message revealed our daughter was overwhelmed in Edinburgh, puzzled at where all the plastic containers and side plates were coming from, forgetting to ask her housekeeper. Our grand-children were keen on getting everything cleaned but always forgot to return them.
Further to our analysis of Lloyds in December, the share has delivered and, similar to our grand-daughters, forgotten to deliver any returns.
We’re always quite picky with our demand a share price close above a target level and in the case of Lloyds, it exceeded our 48.2p but the highest price it has closed at was 48.13p. The given implication is of imminent weakness and we suspect ongoing traffic below 46.75 shall allow reversals to 45p and hopefully some sort of bounce. But if 45p breaks, it feels very like we should anticipate further drops down to an eventual 43.9p and ideally, a price level capable of triggering some gains. If Lloyds were serious above spoiling any optimism, it would require to close below 43p to indicate real trouble ahead.
If Lloyds intends to invent party time, above 48.4p should now provoke gains to an initial 51.1p with secondary, if beaten, at 54.3p and the potential of moving the share price into a game changing position, our next requirement demanding the share next close above 54.1p to justify rushing out and buying a small party popper.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 8:37:04PM | BRENT | 7880 | 7483 | 7371 | 7114 | 7685 | 7935 | 8086 | 8287 | 7750 |
| 9:07:04PM | GOLD | 2045.23 | ||||||||
| 9:10:00PM | FTSE | 7671.1 | ||||||||
| 9:13:03PM | STOX50 | 4455.8 | ||||||||
| 9:15:44PM | GERMANY | 16583.9 | ||||||||
| 9:19:16PM | US500 | 4697.3 | ||||||||
| 9:21:39PM | DOW | 37448 | 37315 | 37217 | 37080 | 37528 | 37560 | 37650 | 37783 | 37440 |
| 9:36:25PM | NASDAQ | 16303.5 | ||||||||
| 9:38:11PM | JAPAN | 33432 |
5/01/2024 FTSE Closed at 7689 points. Change of -0.44%. Total value traded through LSE was: £ 5,398,845,060 a change of 19.89%
4/01/2024 FTSE Closed at 7723 points. Change of 0.53%. Total value traded through LSE was: £ 4,502,996,889 a change of -2.05%
3/01/2024 FTSE Closed at 7682 points. Change of -0.52%. Total value traded through LSE was: £ 4,597,057,566 a change of 72.6%
28/12/2023 FTSE Closed at 7722 points. Change of -100%. Total value traded through LSE was: £ 2,663,363,582 a change of 0%
27/12/2023 FTSE Closed at 7724 points. Change of 0%. Total value traded through LSE was: £ 3,580,231,157 a change of 0%
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:DARK Darktrace Plc** **LSE:SBRY Sainsbury** **LSE:TERN Tern Plc** **LSE:TSCO Tesco** **
********
Updated charts published on : Darktrace Plc, Sainsbury, Tern Plc, Tesco,
LSE:DARK Darktrace Plc Close Mid-Price: 323.1 Percentage Change: -4.12% Day High: 337.9 Day Low: 322.4
This isn’t having fun as weakness now below 322 indicates the threat of re ……..
</p
View Previous Darktrace Plc & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 309 Percentage Change: + 0.26% Day High: 308.6 Day Low: 300.3
Further movement against Sainsbury ABOVE 308.6 should improve acceleratio ……..
</p
View Previous Sainsbury & Big Picture ***
LSE:TERN Tern Plc Close Mid-Price: 3.12 Percentage Change: -3.85% Day High: 3.25 Day Low: 2.75
Target met. Weakness on Tern Plc below 2.75 will invariably lead to 2.2p ……..
</p
View Previous Tern Plc & Big Picture ***
LSE:TSCO Tesco Close Mid-Price: 300.9 Percentage Change: -0.50% Day High: 303.5 Day Low: 298
In the event of Tesco enjoying further trades beyond 303.5, the share sho ……..
</p
View Previous Tesco & Big Picture ***