#FTSE #JAPAN We last reviewed IAG last August and in the period since, their share price has reached our Primary, Secondary, and even Third level targets. Better still, it even exceeded our third level target, perhaps giving some considerable hope for the future. It is perhaps worth pondering a few truisms from the stock market first, especially as IAG is managing to make two contradictory statements true at once with a third thrown in for good measure & confusion.
The first issue occurs when we review the immediate picture on the chart. IAG has enjoyed a nice uptrend since November last year but earlier this month, it broke the uptrend and is now experiencing “lower low” movements, creating a situation where weakness continuing below 321p is liable to promote reversals to an initial 299p with our secondary, if broken, at a bottom ideally just above 276p. This would certainly provide an ideal level for a bounce, though there is always the risk of the share simply exhibiting further weakness. After all, in the market place, few things are as dangerous as trying to catch a “safe” bottom when loss of confidence in a share price makes it very easy for sentiment influencing folks decision making with the result a downhill path can become a bad habit. Visually, in the case of IAG, we’d hope to see our initial target level of 299p to provide a “bottom” due to previous behaviour indicating this price level means something to the market. This scenario is certainly one for the brave, though it does afford employing a tight stop loss.
However, there’s another movement earlier in February worth weaving into our thoughts. The share price somehow managed to define a downtrend since the pre-pandemic high of 2020, creating a situation where any movement now above the Blue downtrend (currently 361p) is liable to prove quite useful. It introduces the potential of a rise to an initial 457p with our longer term secondary, if bettered, calculating at a distant but viable looking 579p, should the share price manage above our initial target. This scenario is made more fascinating, due to the market belatedly noticing the completely artificial green line on the chart. For some reason, when the price surged to 368p in February, the market eventually noticed the prior high of 361p achieved in 2020, deciding this would make a perfect “glass ceiling” level and forcing a stall in the share price increase.
We are certainly fascinated at the coincidence of both the Green and Blue lines creating what passes for a safe trigger level. As a result, we suspect this shall deserve some attention in the weeks/days ahead, just in case the airline decides to ascend to a new flight level. Much as we detest flying, it certainly starts to appear IAG (British Airways) shall be worth keeping an eye on.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:18:34PM | BRENT | 7266.5 | ‘cess | ||||||||
| 10:22:35PM | GOLD | 2914.14 | Success | ||||||||
| 10:26:42PM | FTSE | 8699.9 | 8648 | 8623 | 8593 | 8681 | 8714 | 8757 | 8806 | 8672 | Success |
| 10:29:57PM | STOX50 | 5466.8 | |||||||||
| 10:32:38PM | GERMANY | 22536.3 | ‘cess | ||||||||
| 11:14:00PM | US500 | 5963.8 | ‘cess | ||||||||
| 11:16:14PM | DOW | 43690.1 | |||||||||
| 11:30:29PM | NASDAQ | 21158.8 | ‘cess | ||||||||
| 11:36:34PM | JAPAN | 38030 | 37881 | 37728 | 37475 | 38066 | 38416 | 38655 | 38976 | 38117 | ‘cess |
25/02/2025 FTSE Closed at 8668 points. Change of 0.12%. Total value traded through LSE was: £ 6,478,870,440 a change of 6.36%
24/02/2025 FTSE Closed at 8658 points. Change of -0.01%. Total value traded through LSE was: £ 6,091,356,449 a change of 2.58%
21/02/2025 FTSE Closed at 8659 points. Change of -0.03%. Total value traded through LSE was: £ 5,938,081,458 a change of 0.78%
20/02/2025 FTSE Closed at 8662 points. Change of -0.57%. Total value traded through LSE was: £ 5,892,381,883 a change of 10.17%
19/02/2025 FTSE Closed at 8712 points. Change of -0.62%. Total value traded through LSE was: £ 5,348,624,853 a change of 11.87%
18/02/2025 FTSE Closed at 8766 points. Change of -0.02%. Total value traded through LSE was: £ 4,781,200,025 a change of -0.7%
17/02/2025 FTSE Closed at 8768 points. Change of 0.41%. Total value traded through LSE was: £ 4,815,003,376 a change of -19.37% 
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:GLEN Glencore Xstra** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:SCLP Scancell** **LSE:STAN Standard Chartered** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Glencore Xstra, Intercontinental Hotels Group, ITM Power, Lloyds Grp., Natwest, Scancell, Standard Chartered, Zoo Digital,
LSE:GLEN Glencore Xstra Close Mid-Price: 315.6 Percentage Change: -0.74% Day High: 324.7 Day Low: 311.35
Target met. If Glencore Xstra experiences continued weakness below 311.35 ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 9606 Percentage Change: -0.93% Day High: 9778 Day Low: 9558
Weakness on Intercontinental Hotels Group below 9558 will invariably lead ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 29.88 Percentage Change: -3.61% Day High: 31.44 Day Low: 29.84
Target met. In the event ITM Power experiences weakness below 29.84 it ca ……..
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View Previous ITM Power & Big Picture ***
LSE:LLOY Lloyds Grp.. Close Mid-Price: 68.62 Percentage Change: + 1.93% Day High: 69.22 Day Low: 66.88
Target met. Further movement against Lloyds Grp. ABOVE 69.22 should impro ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 453.3 Percentage Change: + 2.16% Day High: 457.9 Day Low: 442.8
All Natwest needs are mid-price trades ABOVE 457.9 to improve acceleratio ……..
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View Previous Natwest & Big Picture ***
LSE:SCLP Scancell Close Mid-Price: 8.3 Percentage Change: -4.05% Day High: 8.65 Day Low: 8.3
In the event Scancell experiences weakness below 8.3 it calculates with a ……..
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View Previous Scancell & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1201 Percentage Change: + 2.08% Day High: 1211 Day Low: 1176
In the event of Standard Chartered enjoying further trades beyond 1211, t ……..
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View Previous Standard Chartered & Big Picture ***
LSE:ZOO Zoo Digital Close Mid-Price: 11.55 Percentage Change: -17.79% Day High: 14 Day Low: 11.62
Target met. Continued weakness against ZOO taking the price below 11.62 c ……..
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View Previous Zoo Digital & Big Picture ***