Scottish soft drink maker (the Irn Bru folk) recently suffered a ‘Royal Visit’, the media showing the Queen and her crowd of hangers-on dutifully pretending they were enjoying fizzy drinks, fresh from melted steel girders. Given conventional sentiment in Scotland, we hold suspicions this sort of nonsense has its roots in business owners dreaming of honours rather than any real belief a picture of Her Majesty knocking back Irn Bru will appeal to their target market. Private Eye, even has a section on this, The Order of The Brown Nose…
What always proves amusing, with special thanks to Twitter, is the framing of crowds behind barriers in photographs. Invariably, someone shows a real photograph of the event and it becomes clear journalists concept of “crowds” falls short of the truth. Of course, doubtless Covid-19 is making it difficult for the usual suspects to be encouraged to look enthusiastic, schools being hesitant at their pupils being bussed to an event just to make up numbers.
Once, as a child, this writer experienced at first hand the bullying tactics employed, a squad of police officers conducting a sweep through a holiday park to enlist ‘volunteers’ for a royal visit. Each child was even given a Union flag on a stick to wave. Unfortunately for the police, children at holiday park tend make thorough explorations of the area which ensured by the time the royal train appeared, virtually every child had made their way to the end of the platform, where an absence of fencing created an easy escape. What happened to the obligatory flags is a mystery but it’s unlikely any found their way into a bin.
Cynical nature aside, A G Barr look like their share price is poised for some action.
Presently trading around 547p, the share need only fizz above 567p to become interesting. Such a trigger level should prove capable of allowing the price to bubble up to an initial 614p. As the chart below shows, this has the potential of the price regaining its long term Red uptrend, creating a realistic ambition of future recovery to 700p. This year has experienced some quite amazing weather here on Scotland’s west coast and despite (until now) reduced tourist numbers, soft drink sales will have been very high. Hopefully, for A G Barr, this shall follow through with vastly improved income over last years performance, giving sufficient excuse for a future boost above 700p to a longer term 889p. Surprisingly, this calculation tier also gives share price movements the opportunity to cover the circled gap on the chart with startling accuracy.
Our thanks to those who find relevant advertising on this page sufficiently interesting to visit. You also keep us in coffee, essential on mornings such as today!
|Time Issued||Market||Price At Issue||Short Entry||Fast Exit||Slow Exit||Stop||Long Entry||Fast Exit||Slow Exit||Stop||Prior|
13/07/2021 FTSE Closed at 7124 points. Change of -0.01%. Total value traded through LSE was: £ 4,211,106,808 a change of 2.19%
12/07/2021 FTSE Closed at 7125 points. Change of 0.06%. Total value traded through LSE was: £ 4,120,988,724 a change of -9.74%
9/07/2021 FTSE Closed at 7121 points. Change of 1.29%. Total value traded through LSE was: £ 4,565,910,390 a change of -14.66%
8/07/2021 FTSE Closed at 7030 points. Change of -1.69%. Total value traded through LSE was: £ 5,350,338,695 a change of -5.7%
7/07/2021 FTSE Closed at 7151 points. Change of 0.72%. Total value traded through LSE was: £ 5,673,997,934 a change of 23.9%
6/07/2021 FTSE Closed at 7100 points. Change of -0.89%. Total value traded through LSE was: £ 4,579,399,515 a change of 38.26%
5/07/2021 FTSE Closed at 7164 points. Change of 0.58%. Total value traded through LSE was: £ 3,312,078,677 a change of -20.84%
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 email@example.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:AVCT Avacta** **LSE:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:FOXT Foxtons** **LSE:NG. National Glug** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:POG Petrop etc** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:VOG VICTORIA** **
Updated charts published on : Avacta, Block Energy PLC, Carclo, Carnival, Diageo, MAN, Experian, Foxtons, National Glug, Natwest, Omega Diags, Petrop etc, Rolls Royce, VICTORIA,
LSE:AVCT Avacta. Close Mid-Price: 135.5 Percentage Change: + 7.11% Day High: 138.5 Day Low: 118
Target met. If Avacta experiences continued weakness below 118, it will i ……..
LSE:BLOE Block Energy PLC. Close Mid-Price: 2.55 Percentage Change: + 0.00% Day High: 2.55 Day Low: 2.4
Weakness on Block Energy PLC below 2.4 will invariably lead to 2.2 and ho ……..
LSE:CAR Carclo Close Mid-Price: 43.35 Percentage Change: -5.56% Day High: 46 Day Low: 43
Weakness on Carclo below 43 will invariably lead to 40p Secondary is at 2 ……..
LSE:CCL Carnival Close Mid-Price: 1487.2 Percentage Change: -1.60% Day High: 1532.2 Day Low: 1488
Quite why the share price looks like sinking, when we near an era of buoya ……..
LSE:DGE Diageo. Close Mid-Price: 3502 Percentage Change: + 1.49% Day High: 3503 Day Low: 3450.5
All Diageo needs are mid-price trades ABOVE 3503 to improve acceleration ……..
LSE:EMG MAN Close Mid-Price: 194.55 Percentage Change: -0.21% Day High: 197.4 Day Low: 193.5
In the event of MAN enjoying further trades beyond 197.4, the share shoul ……..
LSE:EXPN Experian. Close Mid-Price: 3023 Percentage Change: + 1.31% Day High: 3030 Day Low: 2973
Target met. In the event of Experian enjoying further trades beyond 3030, ……..
LSE:FOXT Foxtons Close Mid-Price: 54.3 Percentage Change: -4.74% Day High: 57 Day Low: 54.3
Weakness on Foxtons below 54.3 will invariably lead to 51 with secondary, ……..
LSE:NG. National Glug Close Mid-Price: 942.6 Percentage Change: -0.26% Day High: 945.7 Day Low: 939.1
All National Glug needs are mid-price trades ABOVE 945.7 to improve accel ……..
LSE:NWG Natwest Close Mid-Price: 201.4 Percentage Change: -2.61% Day High: 213.8 Day Low: 201
All Natwest needs are mid-price trades ABOVE 213.8 to improve acceleratio ……..
LSE:ODX Omega Diags. Close Mid-Price: 48.5 Percentage Change: + 2.11% Day High: 49.5 Day Low: 40.5
In the event Omega Diags experiences weakness below 40.5 it calculates wi ……..
LSE:POG Petrop etc Close Mid-Price: 22.84 Percentage Change: -0.35% Day High: 23.06 Day Low: 22.74
Continued weakness against POG taking the price below 22.74 calculates as ……..
LSE:RR. Rolls Royce Close Mid-Price: 93.61 Percentage Change: -2.22% Day High: 97.51 Day Low: 93.52
In the event Rolls Royce experiences weakness below 93.52 it calculates w ……..
LSE:SPX Spirax. Close Mid-Price: 14280 Percentage Change: + 1.20% Day High: 14295 Day Low: 14095
Target met. Further movement against Spirax ABOVE 14295 should improve ac ……..
LSE:VOG VICTORIA Close Mid-Price: 4.25 Percentage Change: -19.05% Day High: 5 Day Low: 4.25
Weakness on VICTORIA below 4.25 will invariably lead to 4 with secondary, ……..
*** End of “Updated Today” comments on shares.
This post has already been read 143 times!