#Gold #WallSt We’ve little batches of dislike about this food delivery organisation, not least beginning with their UK advertising campaign. Quite why anyone in the UK is supposed to be attracted to the telephone by some Los Angeles guy posing on an unrideable motorcycle, with a soundtrack of something called Rap which is a death sentence for radio in the UK, defeats us. We can only guess the launch introduction was a glitzy party in LA, designed to overwhelm any common sense. It was to take literal years to discover the bloke posing on the motorbike was a US Rapper we’d actually heard of, a chap calling himself Snoopy Dogg.
Perhaps in Europe, the delivery company should have overlaid their campaign with a caption and arrow, explaining who it was.
Here in Argyll, Just Eat finally moved into the area, offering deliveries from a couple of local curry shops. It was an innovation as revolutionary as the invention of the hot water tap until it was realised everything was being brought by the same delivery drivers as normal, rather than some unknown celeb on a motorcycle. Worse, delivery times got longer, due to the outlets waiting until they’d a batch of deliveries to a specific area before sending orders out. This actually makes a lot of sense, our villages along the shore being 8 to 14 miles away from the curry shop with very little in between. When drivers started to discuss the commissions being paid to Just Eat, we decided to return to the old fashioned way of just using the phone to order, though the outlet would sometimes say; “We’ve a delivery going out your way in 20 minutes, you don’t need to pick it up!” Basically, it tended to prove the Just Eat business model is ideal in town and city environments, quite a lot less so in the countryside. Additionally, folk who stay in areas where they are liable to appreciate just who the celebrity promoting the company actually is, tend not to be of the demagogue who live in civilised areas…
What’s doubly hilarious about the advertising campaign comes from the type of bike used. There’s a group of motorcyclists who join something called “Hog”. Some of them look like budding Hells Angels, some dress like real bikers, but what they have in common is a concept called “Retirement Age” and an attraction to the Harley Owners Group (HOG). This month, the UK chapter of this army of bikers is meeting up in August at family friendly Aviemore, their entertainment coming from a musical Girl Group called Dea Matrona, an unbelievably talented pair of singers/musicians who make Simon & Garfunkel sound current, Fleetwood Mac sound new, and Abba sound like beginners. Sorry about the personal bias but as the sort of person who’s never gotten used to woman driving cars (my mother was a nightmare), watching this bunch play their instruments at a level of which I couldn’t even dream was truly impressive.
Returning to Just Group Plc their share price now looks capable of becoming interesting. Movement above just 122p almost certainly proposes the threat of recovery to an initial 134p with our secondary, if bettered, at a longer term 160p. Neither target level proposes an exciting level of acceleration, though probably substantially better than the motorcycle featured in their advert could ever achieve before the rider ran over a pebble and fell off. Geometry matters, especially when steering a bike.
Visually, it looks like the 160p level shall be capable of producing some hesitation, if only due to prior price movements. Folks stuck in a trade at the prior 160p level shall doubtless bail at break even, rather than risk waiting to see what comes next.
Should things intend go wrong for Just, their share price now needs below 106 to risk triggering reversal to an initial 99 with our secondary, if broken, an eventual 86p along with a very strong possibility of a bounce.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:22:11PM | BRENT | 8184.4 | Success | ||||||||
| 11:24:23PM | GOLD | 2475.36 | 2444 | 2441 | 2429 | 2459 | 2476 | 2495 | 2538 | 2445 | Success |
| 11:28:32PM | FTSE | 8222 | |||||||||
| 1:06:56AM | STOX50 | 4667 | |||||||||
| 1:10:18AM | GERMANY | 17710.2 | |||||||||
| 1:18:12AM | US500 | 5347.3 | |||||||||
| 1:23:16AM | DOW | 39366.5 | 39254 | 39109 | 38942 | 39424 | 39632 | 39888 | 40325 | 39462 | |
| 1:27:39AM | NASDAQ | 18541.7 | |||||||||
| 1:30:10AM | JAPAN | 35815 |
12/08/2024 FTSE Closed at 8210 points. Change of 0.51%. Total value traded through LSE was: £ 6,213,997,853 a change of 45.06%
9/08/2024 FTSE Closed at 8168 points. Change of 0.29%. Total value traded through LSE was: £ 4,283,759,175 a change of -11.55%
8/08/2024 FTSE Closed at 8144 points. Change of -0.27%. Total value traded through LSE was: £ 4,843,015,012 a change of -1.4%
7/08/2024 FTSE Closed at 8166 points. Change of 1.74%. Total value traded through LSE was: £ 4,912,004,252 a change of -45.12%
6/08/2024 FTSE Closed at 8026 points. Change of 0.22%. Total value traded through LSE was: £ 8,950,670,093 a change of 16.02%
5/08/2024 FTSE Closed at 8008 points. Change of -2.03%. Total value traded through LSE was: £ 7,714,993,159 a change of 12.21%
2/08/2024 FTSE Closed at 8174 points. Change of -1.32%. Total value traded through LSE was: £ 6,875,472,629 a change of 20.68% 
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:ASC Asos** **LSE:AZN Astrazeneca** **LSE:SCLP Scancell** **LSE:SPX Spirax** **LSE:TLW Tullow** **LSE:VOD Vodafone** **
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Updated charts published on : Asos, Astrazeneca, Scancell, Spirax, Tullow, Vodafone,
LSE:ASC Asos. Close Mid-Price: 356.6 Percentage Change: + 0.28% Day High: 359.4 Day Low: 351.4
In the event Asos experiences weakness below 337, it calculates with a dro ……..
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LSE:AZN Astrazeneca. Close Mid-Price: 12780 Percentage Change: + 0.63% Day High: 12842 Day Low: 12638
All Astrazeneca needs are mid-price trades ABOVE 12842 to improve acceler ……..
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View Previous Astrazeneca & Big Picture ***
LSE:SCLP Scancell. Close Mid-Price: 18.5 Percentage Change: + 2.78% Day High: 18.75 Day Low: 18
Target met. All Scancell needs are mid-price trades ABOVE 19 to improve a ……..
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View Previous Scancell & Big Picture ***
LSE:SPX Spirax. Close Mid-Price: 7715 Percentage Change: + 0.72% Day High: 7795 Day Low: 7640
In the event Spirax experiences weakness below 7640 it calculates with a ……..
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View Previous Spirax & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 27.98 Percentage Change: + 3.55% Day High: 28.14 Day Low: 26.6
Continued weakness against TLW taking the price below 26.6 calculates as ……..
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View Previous Tullow & Big Picture ***
LSE:VOD Vodafone. Close Mid-Price: 74.44 Percentage Change: + 0.87% Day High: 74.8 Day Low: 73.84
Continued trades against VOD with a mid-price ABOVE 74.8 should improve t ……..
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View Previous Vodafone & Big Picture ***