#Brent #Gold We’d a bit of a giggle earlier this year, a niece invited to an event in Monaco and in a complete panic about her wardrobe. She decided to design and make her own frock as such a task dovetailed neatly into her business. But she’d a major problem with the handbag, obviously a major choice when eating pizza in Monte Carlo. She begged my wife to lend her a white Mulberry bag, something allegedly valued around a silly £1,500. When my wife bought it from the window of a charity shop for £12, she simply thought it was a nice bag to have, just in case we ever attended something important. But our nieces were visiting last Xmas and inspecting my wifes shoe and handbag collection, this white bag attracted immediate attention from one of the girls. Basically, she was about ready to place the bag on a pedestal and worship it, quite literally annoyed it was spending its time in a wardrobe.
Apparently there are things about a genuine Mulberry bag which are never replicated by the knock off market.
She didn’t want to borrow the bag to impress anyone, instead was experiencing a flurry of nerves she’d be socialising with folk who she felt would spot anything fake. Amusingly, reality proved quite different with her even admitting the provenance of the bag. And her frock design, based on a Roman Toga, became something of a joke due to her effectively torpedoing anyone else trying to show up in a similar dress with a theoretical cost of thousands. She was to spend the next week, getting very drunk with a bunch of new friends in some quite exotic locations, thankfully realising people are interested in interesting people. But it can also be a bit freaky, when one of her “chums” arranges a private jet to a lunch at wherever. And on the bright side, her Disney Princess children’s party business now has a bunch of fangirls in exotic locations, all of whom really want access to her costume party wardrobe. Her company make their own dresses to match cartoon productions, ensuring each one of her staff is fitted with something which can be comfortable for 4 hours and beyond.
What’s especially funny about this brand name nonsense, my mother wouldn’t have dreamed of using any “wood” covers for her golf clubs which were not Mulberry. It’s doubtful any of her golfing pals were aware and when she expired, the golf clubs probably went to a charity shop somewhere in Inverness. Unfortunately, her collection included my own #1 Driver and a putter I’d spent a fortune on. Of course, when a close family member checks out, the imperative is to move on but I still miss that putter. I could drive to a green in a single shot, but was a terrible putter. My mum would get the a green in three shots, then take one or two putts. So of course, she “borrowed” my driver and putter with the intention of humiliating anyone sufficiently gullible to play against her. (She had an intimidating number of trophies) When she approached 90 years old, still playing 9 holes a day and usually on her own as folk learned not to challenge her. She left behind a collection of children, grand-children, and great-grandchildren, none of whom will willingly play golf. A personal memory is of her picking me up from school in November when the clocks had changed, so “we” could enjoy a game of golf at her snobby course before it got dark.
Anyway, with Mike Ashley being knocked back by Mulberry Plc for his attempt to make a cash offer for the group, we’ve had a few emails asking our opinion about the share price’ future prospects.
Currently, above 130 should trigger share price recovery to an initial 147 with our secondary, if beaten, calculating at a longer term 164p. Visually, such an ambition is quite a big deal, launching the share price into a zone where a longer term 349 is allegedly possible. We’re not inclined to hold our breath of such an ambition as the share just escaped from a zone with a bottom at -18p!
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:32:17PM | BRENT | 7445.5 | 7008 | 6866 | 6640 | 7335 | 7456 | 7680 | 7784 | 7241 | Success |
| 11:37:09PM | GOLD | 2660.85 | 2634 | 2617 | 2598 | 2646 | 2674 | 2682 | 2701 | 2654 | |
| 11:44:29PM | FTSE | 8265.5 | ‘cess | ||||||||
| 11:18:17PM | STOX50 | 4945.7 | Success | ||||||||
| 11:21:36PM | GERMANY | 19226.7 | ‘cess | ||||||||
| 11:24:44PM | US500 | 5705 | ‘cess | ||||||||
| 11:27:32PM | DOW | 42086.3 | |||||||||
| 11:30:53PM | NASDAQ | 19757 | Shambles | ||||||||
| 11:34:48PM | JAPAN | 37965 | Shambles |
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%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74% 
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:AVCT Avacta** **LSE:EXPN Experian** **LSE:PHP Primary Health** **LSE:STAR Star Energy** **LSE:TLW Tullow** **
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Updated charts published on : AFC Energy, Avacta, Experian, Primary Health, Star Energy, Tullow,
LSE:AFC AFC Energy Close Mid-Price: 10.3 Percentage Change: -13.45% Day High: 12 Day Low: 9.7
Target met. Continued weakness against AFC taking the price below 9.7 cal ……..
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View Previous AFC Energy & Big Picture ***
LSE:AVCT Avacta Close Mid-Price: 45 Percentage Change: -8.16% Day High: 48.5 Day Low: 45
Weakness on Avacta below 45 will invariably lead to 44p with secondary (i ……..
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View Previous Avacta & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 3956 Percentage Change: + 0.64% Day High: 3978 Day Low: 3924
In the event of Experian enjoying further trades beyond 3978, the share s ……..
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View Previous Experian & Big Picture ***
LSE:PHP Primary Health. Close Mid-Price: 102.3 Percentage Change: + 0.29% Day High: 104.7 Day Low: 101.5
Target met. Further movement against Primary Health ABOVE 104.7 should im ……..
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View Previous Primary Health & Big Picture ***
LSE:STAR Star Energy Close Mid-Price: 6.56 Percentage Change: -10.75% Day High: 7 Day Low: 6.5
Target met. Weakness on Star Energy below 6.5 will invariably lead to 6p ……..
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View Previous Star Energy & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 22 Percentage Change: + 2.90% Day High: 22.22 Day Low: 21.04
If Tullow experiences continued weakness below 21.04, it will invariably ……..
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View Previous Tullow & Big Picture ***