#Gold SSPG It transpires there’s a reason for the “sameness” around the world, a feeling of familiarity among many airports often giving distinct déjà vu. The culprit is FTSE 250 member #SSP_Group, describing themselves as The Food Travel Exports, the best part of the journey, their varied brands of shops and food courts decorating airports, rail stations, even some motorway service stations, in 37 countries worldwide.
It’s a bit amusing as airports are a single place where visitors only want one thing, to get out of the place. Yet this company have carved themselves a niche market and despite the decline in air travel, continue to expand most recently into Indonesia. We admit to stalking aviation related companies in the hope of discovering the gem which shall give an early clue the airline market is about to start some proper recovery. After all, it makes sense the enforced petri dish of mass travel shall probably experience rapid acceleration, when things finally kick off.
Alas, our immediate review of SSP Group fails to yield any immediate succour but there is a small hint needing very little movement which should give an initial indication SSP may be shuffling into position for some recovery.
We’ve an immediate scenario which proposes above 179p should prove capable of triggering an initial, tame recovery to an initial 186p. While in itself, such a pathetic movement is useless to traders, it should recover the share price above the Red uptrend since the manufactured pandemic low of 2020 at 136p. The years since have seen, similar to the airline industry, many false starts but we shall now be especially interested if this once again regains the uptrend. In a box ticking contest, movement such as this shall definitely tick the first box.
Only if the price manages above 186 do we expect things to become useful, giving the potential of a continued rise to an initial 214p with our longer term secondary, if bettered, at 230p and some potential hesitation due to the price finally beating a downtrend since 2021.
However, there is a remaining problem and it’s the cycle upon which the share currently finds itself. It is trading in a zone where reversal below 160 threatens a trip down to 136 and a mirror image of the low of 2020. Hopefully it would discover the means to display a bounce from such a level as our secondary, should the initial break, works out at 111p and the suggestion of a future in the wilderness. But for now, we’re keeping an eye on them and hoping this share price shall prove capable of warning the aviation market is finally sharpening its fangs.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:52:48PM | BRENT | 8335.9 | Success | ||||||||
| 9:57:38PM | GOLD | 2337.57 | 2334 | 2327 | 2314 | 2365 | 2364 | 2370 | 2382 | 2351 | Shambles |
| 10:02:33PM | FTSE | 8159.1 | Success | ||||||||
| 10:06:54PM | STOX50 | 4950 | Success | ||||||||
| 10:10:13PM | GERMANY | 18434 | Success | ||||||||
| 11:19:27PM | US500 | 5253.4 | 5252 | 5245 | 5219 | 5272 | 5282 | 5291 | 5304 | 5269 | Success |
| 12:24:03AM | DOW | 38185 | ‘cess | ||||||||
| 12:27:31AM | NASDAQ | 18659 | Success | ||||||||
| 12:35:11AM | JAPAN | 38130 | Success |
29/05/2024 FTSE Closed at 8183 points. Change of -0.86%. Total value traded through LSE was: £ 6,078,579,262 a change of 7.75%
28/05/2024 FTSE Closed at 8254 points. Change of -0.76%. Total value traded through LSE was: £ 5,641,394,856 a change of 14.03%
24/05/2024 FTSE Closed at 8317 points. Change of -0.26%. Total value traded through LSE was: £ 4,947,346,285 a change of -38.57%
23/05/2024 FTSE Closed at 8339 points. Change of -0.37%. Total value traded through LSE was: £ 8,053,731,391 a change of 27.95%
22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%
21/05/2024 FTSE Closed at 8416 points. Change of -0.09%. Total value traded through LSE was: £ 5,479,565,793 a change of 22.51%
20/05/2024 FTSE Closed at 8424 points. Change of -100%. Total value traded through LSE was: £ 4,472,630,359 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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:DGE Diageo** **LSE:GKP Gulf Keystone** **LSE:IDS International Distribution** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:QED Quadrise** **
********
Updated charts published on : AFC Energy, Aston Martin, Diageo, Gulf Keystone, International Distribution, Marks and Spencer, National Glib, Oxford Instruments, Quadrise,
LSE:AFC AFC Energy. Close Mid-Price: 23.25 Percentage Change: + 1.09% Day High: 23.55 Day Low: 22.4
Continued trades against AFC with a mid-price ABOVE 23.55 should improve ……..
</p
View Previous AFC Energy & Big Picture ***
LSE:AML Aston Martin Close Mid-Price: 132.6 Percentage Change: -1.70% Day High: 134.5 Day Low: 127.1
If Aston Martin experiences continued weakness below 127.1, it will invar ……..
</p
View Previous Aston Martin & Big Picture ***
LSE:DGE Diageo Close Mid-Price: 2590 Percentage Change: -1.48% Day High: 2628 Day Low: 2589
Target met. Continued weakness against DGE taking the price below 2589 ca ……..
</p
View Previous Diageo & Big Picture ***
LSE:GKP Gulf Keystone Close Mid-Price: 138 Percentage Change: -0.79% Day High: 143.8 Day Low: 136.7
All Gulf Keystone needs are mid-price trades ABOVE 143.8 to improve accel ……..
</p
View Previous Gulf Keystone & Big Picture ***
LSE:IDS International Distribution. Close Mid-Price: 335 Percentage Change: + 4.30% Day High: 338.4 Day Low: 328.8
Continued trades against IDS with a mid-price ABOVE 338.4 should improve ……..
</p
View Previous International Distribution & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 302.8 Percentage Change: + 0.26% Day High: 305.4 Day Low: 300.4
Further movement against Marks and Spencer ABOVE 305.4 should improve acc ……..
</p
View Previous Marks and Spencer & Big Picture ***
LSE:NG. National Glib Close Mid-Price: 838.4 Percentage Change: -4.36% Day High: 867.6 Day Low: 830.8
Target met. In the event National Glib experiences weakness below 830.8 i ……..
</p
View Previous National Glib & Big Picture ***
LSE:OXIG Oxford Instruments Close Mid-Price: 2420 Percentage Change: -2.81% Day High: 2590 Day Low: 2430
Continued trades against OXIG with a mid-price ABOVE 2590 should improve ……..
</p
View Previous Oxford Instruments & Big Picture ***
LSE:QED Quadrise. Close Mid-Price: 2 Percentage Change: + 17.50% Day High: 2 Day Low: 1.7
Further movement against Quadrise ABOVE 2 should improve acceleration tow ……..
</p
View Previous Quadrise & Big Picture ***