#Gold #DowJones While Britvic is a name almost synonymous with their famed Indian Tonic water, the company were inadvertently responsible for a personal addiction during teenage years. While everyone else binged on Coke or Pepsi, Britvic Ginger Beer became this writers favourite poison. What cured the addiction remains uncertain but it was probably Scotlands other national drink, ‘Irn Bru’ as there’s almost a law north of the border everyone must drink it at some stage of their life.
The funny thing came recently, the local petrol station displaying a pile of Britvic mixers, my old faithful ‘Ginger Beer’ taking pride of place.
So far this year, the only things I’ve tasted worse than Britvic Ginger Beer was Coca Cola Cherry flavour, a hideous mistake at a motorway service station shop. And at the top of the list was something called ‘Dr Pepper’, the abhorrent subject of a bet with my grand-children, the girls betting I couldn’t take a second sip from a can they’d bought. They were right, the contents going down the sink, their joke judged a success.
All things considered, the Ginger Beer experience was a surprise as generally, when folk revisit a childhood flavour, it will initially spark some fond memories. Instead, quite the opposite happened, actively questioning how I could ever consume something with such a conflicted flavour.
Who knows, perhaps since 2020 and ensuring processed sugar and artificial sweeteners don’t knowingly feature in my personal diet, my taste buds have experienced a dramatic change, hopefully for the better. But this irritating detail doesn’t explain a diagnosis of T2 Diabetes earlier this year!
Returning to Britvic, their share price continues to look fairly promising as movement above just 940p should trigger near term growth to 953p. Visually, there’s the implication of some hesitation at such a level, thanks to a vague downtrend which dates back to 2019. Reinforcing this negative potential are the market highs for Britvic achieved at the start of 2022. Inevitably, a bunch of folk who bought during this surge shall opt to bail at break even, retrieving their funds from a long holiday and in doing so, introducing some selling pressure.
Importantly, from a Big Picture perspective, closure above 953p should prove important, allowing the share price to fizz upward to an eventual 1030p sometime in the future, doubtless once again experiencing some hesitation due to previous share price behaviour. However, with closure above 953p, we shall regard a distant 1197p as exerting a long term attraction for the share and a new all time high.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:28:10PM | BRENT | 77.22 | |||||||||
| 9:30:39PM | GOLD | 2035.11 | 2021 | 2014 | 2006 | 2031 | 2038 | 2050 | 2067 | 2028 | ‘cess |
| 9:32:52PM | FTSE | 7763.86 | Success | ||||||||
| 9:34:47PM | STOX50 | 4327.3 | Success | ||||||||
| 9:36:37PM | GERMANY | 15958.63 | ‘cess | ||||||||
| 9:45:49PM | US500 | 4123.42 | ‘cess | ||||||||
| 9:48:29PM | DOW | 33594 | 33463 | 33363 | 33222 | 33661 | 33655 | 33773 | 34056 | 33512 | Success |
| 9:50:26PM | NASDAQ | 13208.67 | |||||||||
| 9:52:56PM | JAPAN | 29214 | Success |
9/05/2023 FTSE Closed at 7764 points. Change of -0.18%. Total value traded through LSE was: £ 7,092,371,085 a change of 60.33%
5/05/2023 FTSE Closed at 7778 points. Change of 0.99%. Total value traded through LSE was: £ 4,423,579,038 a change of -18.99%
4/05/2023 FTSE Closed at 7702 points. Change of -1.1%. Total value traded through LSE was: £ 5,460,672,178 a change of 8.08%
3/05/2023 FTSE Closed at 7788 points. Change of 0.19%. Total value traded through LSE was: £ 5,052,417,233 a change of -36.96%
2/05/2023 FTSE Closed at 7773 points. Change of -1.23%. Total value traded through LSE was: £ 8,014,658,915 a change of 6.5%
1/05/2023 FTSE Closed at 7870 points. Change of 0%. Total value traded through LSE was: £ 7,525,342,837 a change of 5.53%
28/04/2023 FTSE Closed at 7870 points. Change of -100%. Total value traded through LSE was: £ 7,130,992,980 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:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:SBRY Sainsbury** **LSE:TSCO Tesco** **
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Updated charts published on : Asos, BALFOUR BEATTY, Greggs, Hikma, British Airways, Sainsbury, Tesco,
LSE:ASC Asos Close Mid-Price: 635.8 Percentage Change: -8.75% Day High: 701.4 Day Low: 639.2
If Asos experiences continued weakness below 639.2, it will invariably le ……..
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View Previous Asos & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 393.4 Percentage Change: + 0.92% Day High: 394.8 Day Low: 390
Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:GRG Greggs. Close Mid-Price: 2904 Percentage Change: + 0.07% Day High: 2906 Day Low: 2846
Target met. Continued trades against GRG with a mid-price ABOVE 2906 shou ……..
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View Previous Greggs & Big Picture ***
LSE:HIK Hikma Close Mid-Price: 1859 Percentage Change: -0.80% Day High: 1915 Day Low: 1851
Further movement against Hikma ABOVE 1915 should improve acceleration tow ……..
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View Previous Hikma & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 155.8 Percentage Change: + 3.52% Day High: 155.75 Day Low: 150.95
In the event of British Airways enjoying further trades beyond 155.75, t ……..
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View Previous British Airways & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 289.6 Percentage Change: + 0.80% Day High: 290 Day Low: 286.2
All Sainsbury needs are mid-price trades ABOVE 290 to improve acceleratio ……..
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View Previous Sainsbury & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 284.6 Percentage Change: + 0.57% Day High: 285.1 Day Low: 282.2
Continued trades against TSCO with a mid-price ABOVE 285.1 should improve ……..
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View Previous Tesco & Big Picture ***