Taylor Wimpey, a happy share price we think. Well, maybe.

In the run up to a UK budget, the media like spraying potential media all over their front pages as they “test market” potential public responses to any forthcoming attempts from the UK Government to further damage our country. It’s fairly funny, noting most economic ‘analysis’ are written by political correspondents, folk in receipt of a leak from “Rachel in Accounts” as she tests reaction to her next stupid scheme to raise money to be wasted by the government. One which is causing smiles is the threat of inflicting Road Tax on Classic Cars, vehicles more than 40 years old which rarely do more than a 1,000 miles a year, driving to and from Classic Car social events when they can all bore each other silly by talking about their vehicles.

A personal horror story became reality, attending a Classic Car Hill Climb event, something which looked like a lot of fun and my own absurd TVR 2.9 2+2 allowing me to take part. The lady with me had already ordered a Morgan and was delighted at the collection of seemingly magnetic Morgans, all the cliche green painted cars drawn together in their own little puddle of terribleness. Like a moth to a flame, she vanished to the Morgan gathering, returning after around 30 minutes and quite apologetic. My sarcasm about Morgan owners had turned out to be reality, she being literally shocked at how strong their views were on the type of polish was best used on a Morgan, the correct type of wheel cleaner to use, and whether Scottish Blend tea leaves were actually superior to foul tasting products from Tetley or whoever. (They are, Scottish water is pure) She literally cancelled her order for a Morgan, bought a ‘sort of’ sporty Mazda 323 and promptly wrote it off. Her replacement 323 was also written off while parked. And her third 323 was written off but the story of what happened has never been revealed. But few folk could boast of writing off three Mazda 323’s in just 10 months.

She bought a proper Landrover short wheel base and 35 years later, still drives it, preferring to be thought of as an eccentric psychiatrist rather than actually paranoid about her choice of vehicle. But it allowed her the reason to buy a farmhouse in Surrey, utterly justifying her horrible vehicle to commute to her hospital office. Personally, having owned a Landrover SWD Air Drop (designed to be tossed out the back of a Hercules plane or from a Helicopter), when I decided to sell the thing, the Landrover Owners Club got in touch, asked permission to reprint the sarcastic and truthful advert for a vehicle I utterly despised. A Boeing 747 had a tighter turning circle and probably better fuel consumption. And a Citroen 2CV would win a drag race. But to help with stopping smoking, the fact 12 gallons of petrol were stored under the drivers seat, sloshing below a leaky fuel cap, gave some encouragement.

While skiing in France, bumped into a bloke and we got talking about my long gone Landrover. The secret was to replace the Front and Rear differentials with those from a Series 1 Range Rover, turning the awful machine into something seriously useful. Apparently, this was the first thing the military did, when they got hold of one! And sometimes, the V8 Range Rover engine also ended up under the bonnet. But no one would admit the core Air Drop machine was hideous to own, to drive, to park. But it did look great.

Taylor Wimpey, similar to our Landrover, has been expressed with a screamed whisper, similar to someone from our biased BBC complementing Mr Trump on his success with Gaza. But if we opt to decide Freedom of Speech is possible, we mentioned LSE:TW. threatened reversal to 90p. However, with a surprisingly silent curse words, the lowest Taylor Wimpey achieved was just 91.5p, slightly above our drop target and perhaps whispering the share price includes some hidden strength, never a bad thing. Perhaps we should now be looking for movements of strength against LSE:TW.. (They are one of the few FTSE 100 shares which suffer a full stop after the two character epic, thus giving the pretence of a 3rd character to fool cheap software which was designed to only accept 3 digit FTSE company codes. It has been a never ending surprise the original coders were not approached to ask them to widen the share code parameters as, in Pascal, it would only require EPIC>S3 to change to EPIC>S1. But instead, we are stuck with a series of daft full stops after 2 digit epic codes. Even New York makes NYSE:V look deserved, the code for VISA. Of course, whether they release a six digit NYSE:BIGYIN for Trump Media is yet to be seen…

Should Taylor Wimpey intend move with some integrity, above just 104p should trigger near term recovery to an initial 108 with our secondary, if beaten, at an eventual 112p. Despite neither target level being impressive, this sort of movement would launch the builder into quite strong territory, giving a strong Big Picture perspective of a future 130p, maybe even a longer term 152p. Visually it all makes perfect sense for Taylore Wimpey, perhaps as much as my old friend writing off 3 Mazda 323’s. (Mazda refused to sell the model to her)

If things intend go pear shaped, below 99p risks triggering reversal to an initial 92 with our secondary, if broken, at 86p.

Thankfully there may be many psychiatrists called Alice reading this, thus having no chance of being identified. <grin and everyone knows her Mum killed the #3 Mazda in an Asda car park. It was even reported in the local paper,.under a “Stranger Than Fiction” headline!>

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:43:48PM	BRENT	6322	6199	6000	5360	6650	6382	6460	6546	6312
10:48:11PM	GOLD	4109.81	4023	3991	3949	4062	4118	4136	4165	4101
10:56:03PM	FTSE	9442.9	9409	9396	9375	9448	9458	9493	9536	9425
10:58:26PM	STOX50	5571	5538	5528	5507	5568	5590	5614	5653	5538	Success
11:01:36PM	GERMANY	24417.4	24252	24084	23854	24404	24450	24527	24652	24344
11:33:47PM	US500	6651.2	6615	6601	6578	6659	6668	6677	6736	6628	Success
11:35:54PM	DOW	46110	45782	45674	45513	46050	46154	46310	46474	45958
11:38:26PM	NASDAQ	24740	24547	24451	24341	24701	24781	24888	25017	24684	Shambles
11:40:21PM	JAPAN	47015	46283	46059	45731	46699	47075	47441	48211	46670

13/10/2025 FTSE Closed at 9442 points. Change of 0.16%. Total value traded through LSE was: £ 8,108,848,236 a change of 21.17%

10/10/2025 FTSE Closed at 9427 points. Change of -0.86%. Total value traded through LSE was: £ 6,691,897,297 a change of 2.92%

9/10/2025 FTSE Closed at 9509 points. Change of -0.41%. Total value traded through LSE was: £ 6,502,012,274 a change of 0.62%

8/10/2025 FTSE Closed at 9548 points. Change of 0.69%. Total value traded through LSE was: £ 6,461,813,888 a change of 28.82%

7/10/2025 FTSE Closed at 9483 points. Change of 10436.67%. Total value traded through LSE was: £ 5,016,195,038 a change of -1.86%

6/10/2025 FTSE Closed at 90 points. Change of -99.05%. Total value traded through LSE was: £ 5,111,279,215 a change of -21.54%

3/10/2025 FTSE Closed at 9491 points. Change of 0.68%. Total value traded through LSE was: £ 6,514,116,921 a change of 8.6%

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.

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.

If you want to ask a question about something Market Related intraday, don’t hesitate to email private.client@trendsandtargets.com. If something has gone volatile and a quick answer is needed, we’ve probably already run the numbers on it. As you’ll appreciate, we try and avoid spamming people needlessly.