FirstGroup Plc (LSE:FGP) showing some potentials!!!

#Gold #Japan  A daft thing to become annoyed about, fairly regularly, are the clickbait stories issued by the MetOffice. The print media positively salivate over each press release, using them to produce the most inaccurate headline stories, knowing if it turns out to be the usual utter rubbish, folk will just blame the weather forecasters. Scrolling through Google & Yahoo News today, we picked up a couple of tales for March weather which seem to slightly contradict each other. Due to us starting Wednesday with blue skies and -3c temperatures, we’re not inclined to believe a ‘Spanish plume’ is coming. To be honest, while Paul Simon once sung “Get All The News I Need from the Weather Report” in the tune ‘The Only Living Boy in New York’, we’re getting to the stage of trying to filter the term “MetOffice” from news reports, joining the BBC & Sky in our list of untrusted sources when referring to the UK.. Nowadays, we’re finding the Dutch, German, even Irish, media tends report what’s happening in the UK without obvious bias and better still, they don’t give weather reports.

Headlines; 19th March 2025 via Yahoo News!

 

A visit to FirstGroup Wikipedia page proved somewhat discouraging, the company appearing to enjoy a very vanilla background without any decent scandals. Generally, to be involved in public transport in Scotland generally produces some great conspiracy theories but for FirstGroup, they appear quite clean. It was also quite a surprise to discover the company now own the world famous Greyhound company in the USA, along with Grey Goose in Canada. This quickly diluted an assumption FirstGroup were a FTSE250 who primarily focus on the UK’s third world rail service.

 

The company chart is on the edge of showing something seriously important, for those who study such things. It shows the company share price has exceeded the downtrend since 2009, a fairly credible trend and one which is probably making folk salivate. There’s an important problem at present, one worth paying a lot of attention to. The share price has not created a Higher High yet, creating a situation where a ‘so called’ chart breakout will often feel like it is fizzling. The ideal situation occurs, when a share price breaks a downtrend AND starts to trade higher than the previous point which defined that trend. This isn’t a secret, probably just too obvious and thus ignored, but if you want a fairly sane signal for a price movement, once FirstGroup closes above 188p or starts trading above 189p, there’s a reasonable chance the share price is about to head up.

In the case of FirstGroup, above 189p now points at the potential of a lift to 198 next with our secondary, if bettered, at 221p. Overall, such a scenario shall force us to accept a long term 239p as exerting an attraction.

 

Our alternate scenario allows for weakness below 148 to risk triggering reversals to an initial 127p with our longer term secondary, if broken, at 118p. For now, this doesn’t feel likely, gains appearing possible unless the share price tumbles below 170p.

 

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:46:47PM BRENT 7062.6
8:52:58PM GOLD 3045.77 3023 3011 2997 3032 3054 3058 3078 3037
10:16:48PM FTSE 8711.9
10:30:01PM STOX50 5516.4 Success
10:33:22PM GERMANY 23350.2 Shambles
10:38:35PM US500 5687.4
10:41:53PM DOW 42041 ‘cess
10:46:09PM NASDAQ 19791
10:48:54PM JAPAN 37904 37563 37437 37205 37777 38133 38344 38605 39018 Shambles

 

19/03/2025 FTSE Closed at 8706 points. Change of 0.01%. Total value traded through LSE was: £ 6,202,916,969 a change of 4.34%
18/03/2025 FTSE Closed at 8705 points. Change of 0.29%. Total value traded through LSE was: £ 5,945,136,476 a change of 0.41%
17/03/2025 FTSE Closed at 8680 points. Change of 0.56%. Total value traded through LSE was: £ 5,920,651,803 a change of 10.88%
14/03/2025 FTSE Closed at 8632 points. Change of 1.05%. Total value traded through LSE was: £ 5,339,805,616 a change of -8.09%
13/03/2025 FTSE Closed at 8542 points. Change of 0.02%. Total value traded through LSE was: £ 5,809,805,582 a change of -17.07%
12/03/2025 FTSE Closed at 8540 points. Change of 0.52%. Total value traded through LSE was: £ 7,005,575,880 a change of -4.97%
11/03/2025 FTSE Closed at 8496 points. Change of -1.21%. Total value traded through LSE was: £ 7,372,262,809 a change of -3.66%

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:ASC Asos** **LSE:AV. Aviva** **LSE:DGE Diageo** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:IPF International Personal Finance** **LSE:RR. Rolls Royce** **

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Updated charts published on : AFC Energy, Asos, Aviva, Diageo, Firstgroup, Gulf Keystone, International Personal Finance, Rolls Royce,


LSE:AFC AFC Energy Close Mid-Price: 6.24 Percentage Change: -6.87% Day High: 6.5 Day Low: 5.41

Target met. Weakness on AFC Energy below 5.41 will invariably lead to 5.2 ……..

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LSE:ASC Asos Close Mid-Price: 230 Percentage Change: -4.56% Day High: 237.2 Day Low: 223.2

Continued weakness against ASC taking the price below 223.2 calculates as ……..

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LSE:AV. Aviva. Close Mid-Price: 561.6 Percentage Change: + 0.21% Day High: 565.8 Day Low: 558.6

Target met. In the event of Aviva enjoying further trades beyond 565.8, t ……..

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LSE:DGE Diageo Close Mid-Price: 2035.5 Percentage Change: -2.14% Day High: 2075 Day Low: 2032

Target met. Continued weakness against DGE taking the price below 2032 ca ……..

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LSE:FGP Firstgroup. Close Mid-Price: 183.1 Percentage Change: + 1.27% Day High: 184.1 Day Low: 179.3

In the event of Firstgroup enjoying further trades beyond 184.1, the shar ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 199.5 Percentage Change: + 1.37% Day High: 200 Day Low: 193.7

In the event of Gulf Keystone enjoying further trades beyond 200, the sha ……..

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LSE:IPF International Personal Finance Close Mid-Price: 152 Percentage Change: -0.65% Day High: 153 Day Low: 151.5

In the event of International Personal Finance enjoying further trades be ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 812.8 Percentage Change: + 0.20% Day High: 818 Day Low: 802.8

Continued trades against RR. with a mid-price ABOVE 818 should improve th ……..

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*** End of “Updated Today” comments on shares.

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