#Gold #Nasdaq There’s quite a lot to be impressed with in Spirent Communications. Selected by the Japan space agency (JAXA) to supply lunar positioning, navigation, and timing solutions, they’re effectively becoming the goto supplier for GPS on the moon, utterly essential for self driving moon buggies and fast food deliveries for future lunar explorers. They’ve also managed to enact something we’d previously thought impossible, the company share price managing to trade significantly BELOW the share price valuation of a potential takeover offer.
Things have certainly been quite odd. Most times when a company takeover is proposed, a share price pretty much looses interest in life but instead, Spirent has remained fairly buoyant over the last year. The proposal for a takeover, awaiting approval from various authorities, has now been cleared by the UK regulator, so perhaps the share price shall straighten itself out.
We’re big fans of our Gap Down / Gap Up (GaGa)arguments, the one such as shown on the chart below generally being associated with significant price recovery. In the case of Spirent, we’d generally anticipate price movement to an initial 238 with our secondary, if beaten, an almost confident looking 290p. Perhaps it shall be the case, as all the ducks which are regulator approvals line up in place, the company share price shall improve to match the level of the takeover offer.
As always, we can introduce an alternate scenario, one where weakness below 164p risks triggering reversal to an initial 134p with our secondary, if broken, a bottom of 113p. But our inclination is to rely on our GaGa argument and anticipate recovery in the weeks ahead.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:07:48PM | BRENT | 6452 | |||||||||
| 11:11:43PM | GOLD | 3232.54 | 3203 | 3165 | 3134 | 3220 | 3236 | 3266 | 3302 | 3210 | |
| 11:15:48PM | FTSE | 8205.6 | |||||||||
| 11:20:39PM | STOX50 | 4917.8 | |||||||||
| 11:04:01PM | GERMANY | 21151.8 | |||||||||
| 11:06:09PM | US500 | 5357.9 | |||||||||
| 11:09:07PM | DOW | 40213 | |||||||||
| 11:11:33PM | NASDAQ | 18604 | 18547 | 18408 | 18172 | 18815 | 19003 | 19214 | 19686 | 18901 | |
| 11:13:51PM | JAPAN | 34208 |
15/04/2025 FTSE Closed at 8249 points. Change of 1.41%. Total value traded through LSE was: £ 6,136,208,877 a change of 24.24%
14/04/2025 FTSE Closed at 8134 points. Change of 2.13%. Total value traded through LSE was: £ 4,939,029,707 a change of -33.73%
11/04/2025 FTSE Closed at 7964 points. Change of 0.64%. Total value traded through LSE was: £ 7,453,071,639 a change of -14.95%
10/04/2025 FTSE Closed at 7913 points. Change of 3.05%. Total value traded through LSE was: £ 8,763,429,654 a change of 13.24%
9/04/2025 FTSE Closed at 7679 points. Change of -2.92%. Total value traded through LSE was: £ 7,739,110,542 a change of -9.6%
8/04/2025 FTSE Closed at 7910 points. Change of 2.7%. Total value traded through LSE was: £ 8,561,122,839 a change of -22.29%
7/04/2025 FTSE Closed at 7702 points. Change of -4.38%. Total value traded through LSE was: £ 11,016,495,599 a change of 0% 
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:BME B & M** **LSE:FRES Fresnillo** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:PMG Parkmead** **
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Updated charts published on : B & M, Fresnillo, ITV, Marks and Spencer, Parkmead,
LSE:BME B & M. Close Mid-Price: 313.3 Percentage Change: + 4.71% Day High: 321.7 Day Low: 303
Target met. All B & M needs are mid-price trades ABOVE 321.7 to improve a ……..
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View Previous B & M & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 1058 Percentage Change: + 3.73% Day High: 1059 Day Low: 1022
Continued trades against FRES with a mid-price ABOVE 1059 should improve ……..
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View Previous Fresnillo & Big Picture ***
LSE:ITV ITV. Close Mid-Price: 73.4 Percentage Change: + 2.87% Day High: 73.6 Day Low: 71.25
ITV continue to celebrate falling advertising and viewer numbers, their sh ……..
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View Previous ITV & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 404.1 Percentage Change: + 2.75% Day High: 403.4 Day Low: 392.5
In the event of Marks and Spencer enjoying further trades beyond 403.4, t ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:PMG Parkmead. Close Mid-Price: 13.75 Percentage Change: + 0.00% Day High: 13.75 Day Low: 13.75
This is a mess, now needing below 13p to potentially trigger reversals to ……..
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View Previous Parkmead & Big Picture ***