#FTSE #DOW We’ve never wondered for a moment who the company may be behind rubbish given away printed with various logos. Thanks to an email, we never need to worry about it again as this is 4imprint reason for existence. From “cool writing tools” (once known as pens) through to beanie hats and clothing, the company are capable of producing company names in the most unlikely of places. We’d to smile gently at their “Ocean Bottles” hype, pushing re-usable bottles with company names on them as each apparently reduces by 1,000 the number of single use bottles finding their way into the sea.
The tiny little problem with “the ocean plastics” problem is it’s not true. In the media, lots of green organisations promote the idea of a massive island of plastic debris floating around, killing marine life and producing massive problems for the planet. Unfortunately, scientists and marine life specialists are finding quite a different story as 85-90% of debris comes from the fishing industry worldwide. Making things worse, marine life has adapted to this floating artificial reef, making it a one-stop shop for predators who eat small fish. By way of a final insult, micro-organisms have appeared with flourish on eating plastics! Obviously, this is yet another case of the media indulging in sloppy reporting, only giving a juicy part of a story which may justify a single use clickbait headline, rather than risk informing readers! To be fair, come the revolution folk who litter will be first against the wall but, the myth of a floating island of plastic bottles is simply untrue.
Drifting into the obvious hell of rubbish was easy, once we’d reviewed the product lists from 4imprint due to disposable materials comprising a part of their available inventory.
However, from a share price perspective, it starts to feel like a fairly interesting future may be ahead for 4imprint Group, making us wonder if they may be the company behind the millions of political hats and tee-shirts being worn in the USA election. Currently, share price recovery above 5500p should promote recovery to an initial 5799p with our secondary, if bettered, at 6015p. While neither ambition is particularly helpful, we shall regard a long term 6478p as providing an attractive distant target.
If things intend go horribly wrong, by our calculations the share price needs weekend below 4544p to risk a visit to 3964p with our secondary, if broken, an eventual visit to 2006p and hopefully a solid bottom. Currently, nothing justifies us taking such a negative stance.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:06:10PM | BRENT | 7100.9 | |||||||||
| 10:09:21PM | GOLD | 2772.64 | Success | ||||||||
| 10:13:48PM | FTSE | 8210.8 | 8201 | 8162 | 8107 | 8224 | 8263 | 8284 | 8312 | 8232 | Shambles |
| 10:56:07PM | STOX50 | 4947.7 | |||||||||
| 11:08:09PM | GERMANY | 19499.8 | ‘cess | ||||||||
| 11:10:29PM | US500 | 5847.3 | |||||||||
| 11:17:38PM | DOW | 42289 | 42162 | 42068 | 41924 | 42395 | 42502 | 42643 | 42842 | 42307 | Shambles |
| 11:19:40PM | NASDAQ | 20600.9 | ‘cess | ||||||||
| 11:22:44PM | JAPAN | 39192 | ‘cess |
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%
28/10/2024 FTSE Closed at 8285 points. Change of 1.68%. Total value traded through LSE was: £ 4,639,447,546 a change of -2.07%
25/10/2024 FTSE Closed at 8148 points. Change of -1.46%. Total value traded through LSE was: £ 4,737,422,038 a change of -5.81%
24/10/2024 FTSE Closed at 8269 points. Change of 0.13%. Total value traded through LSE was: £ 5,029,789,282 a change of 1.28%
23/10/2024 FTSE Closed at 8258 points. Change of -0.58%. Total value traded through LSE was: £ 4,966,414,850 a change of 16.11%
22/10/2024 FTSE Closed at 8306 points. Change of -0.14%. Total value traded through LSE was: £ 4,277,437,819 a change of 11.53%
21/10/2024 FTSE Closed at 8318 points. Change of -0.48%. Total value traded through LSE was: £ 3,835,225,981 a change of -24.37% 
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:AAL Anglo American** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:STAN Standard Chartered** **
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Updated charts published on : Anglo American, B & M, BP PLC, MAN, Firstgroup, HSBC, IQE, ITM Power, Standard Chartered,
LSE:AAL Anglo American. Close Mid-Price: 2483 Percentage Change: + 0.81% Day High: 2503.5 Day Low: 2423
Further movement against Anglo American ABOVE 2503.5 should improve accel ……..
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View Previous Anglo American & Big Picture ***
LSE:BME B & M Close Mid-Price: 395.7 Percentage Change: -1.00% Day High: 401.3 Day Low: 395.5
Target met. Weakness on B & M below 395.5 will invariably lead to 388p wi ……..
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View Previous B & M & Big Picture ***
LSE:BP. BP PLC Close Mid-Price: 379.25 Percentage Change: -4.97% Day High: 397.7 Day Low: 377.65
Weakness on BP PLC below 377.65 will invariably lead to 371p with seconda ……..
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View Previous BP PLC & Big Picture ***
LSE:EMG MAN Close Mid-Price: 199.4 Percentage Change: -2.54% Day High: 205.4 Day Low: 198.2
Target met. In the event MAN experiences weakness below 198.2 it calculat ……..
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View Previous MAN & Big Picture ***
LSE:FGP Firstgroup Close Mid-Price: 133.2 Percentage Change: -5.26% Day High: 140.5 Day Low: 131.5
If Firstgroup experiences continued weakness below 131.5, it will invaria ……..
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View Previous Firstgroup & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 713.7 Percentage Change: + 3.12% Day High: 729.2 Day Low: 705.6
Target met. All HSBC needs are mid-price trades ABOVE 729.2 to improve ac ……..
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View Previous HSBC & Big Picture ***
LSE:IQE IQE Close Mid-Price: 11.62 Percentage Change: -20.41% Day High: 14.04 Day Low: 11.5
Target met. Weakness on IQE below 11.5 will invariably lead to 10.5p with ……..
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View Previous IQE & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 39 Percentage Change: -3.32% Day High: 41.3 Day Low: 37.16
Target met. In the event ITM Power experiences weakness below 37.16 it ca ……..
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View Previous ITM Power & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 876.4 Percentage Change: + 1.22% Day High: 889.6 Day Low: 874.8
Target met. In the event of Standard Chartered enjoying further trades be ……..
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View Previous Standard Chartered & Big Picture ***