#Gold #Nasdaq We tend become quite cynical, when stumbling across a company boasting of being listed in a “Sunday Times Best” list. Part of the reason is jealousy, a larger part of the reason is the important detail companies need pay before being considered for such an “accolade”. After being recently approached for something similar, we decided to eschew the honour, partially thanks to having no real competition, mainly due to the fee required and this didn’t include the cost of attending the awards dinner at Davos next year!
Usually, any excuse for a ski trip to Switzerland is welcome but when 5 figure numbers start being thrown around, it’s easier to decline, possibly spending the rest of my life worrying whether my parsimonious Scottish nature just ensured a major opportunity was avoided… But for that price, we could spend Jan to March skiing in France and never be expected to wear a suit.
There’s another little nark bothering us about XPS. We’re about to launch into a quite optimistic scenario for the share, due to recent share price movements. But there’s something quite strange about the stock market in the UK and USA. Essentially, the further down the alphabet a share is listed, the harder the share price needs work to produce anything positive. At times, we feel folk become bored examining listings, losing interest as they scroll down the 26 letters of the alphabet. While this rather hysterical conclusion has many exceptions to the rule, a share occupying the 24th letter certainly provides some pause for thought.
However, to take a positive stance against XPS, it appears movement next above 178p should hopefully trigger near term movement to an initial 200p with secondary, if exceeded, at a longer term 235p and another new all time high.
The share price needs below 146p to ring alarm bells, risking provoking reversal to an initial 135p with our secondary, if broken, down at a visually sane bottom of 103p
In this instance, despite our alphabet-phobia, things currently look quite positive for the largest pure pensions consultancy in the UK.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:33:19PM | BRENT | 76.76 | Success | ||||||||
| 9:36:12PM | GOLD | 1982.63 | 1974 | 1970 | 1964 | 1985 | 1991 | 1995 | 2002 | 1985 | ‘cess |
| 9:38:48PM | FTSE | 7759.8 | Shambles | ||||||||
| 9:41:24PM | STOX50 | 4350.9 | ‘cess | ||||||||
| 9:44:07PM | GERMANY | 16025.94 | ‘cess | ||||||||
| 9:46:43PM | US500 | 4160.47 | Success | ||||||||
| 9:48:50PM | DOW | 33411.7 | Success | ||||||||
| 9:52:59PM | NASDAQ | 13595 | 13422 | 13372 | 13290 | 13488 | 13618 | 13839 | 13872 | 13424 | Success |
| 9:56:19PM | JAPAN | 30516 | Success |
17/05/2023 FTSE Closed at 7723 points. Change of -0.36%. Total value traded through LSE was: £ 5,301,388,137 a change of 17.83%
16/05/2023 FTSE Closed at 7751 points. Change of -0.33%. Total value traded through LSE was: £ 4,499,249,343 a change of -9.01%
15/05/2023 FTSE Closed at 7777 points. Change of 0.3%. Total value traded through LSE was: £ 4,944,763,554 a change of 10.08%
12/05/2023 FTSE Closed at 7754 points. Change of 0.31%. Total value traded through LSE was: £ 4,492,113,080 a change of -8.91%
11/05/2023 FTSE Closed at 7730 points. Change of -0.14%. Total value traded through LSE was: £ 4,931,618,860 a change of 7.65%
10/05/2023 FTSE Closed at 7741 points. Change of -0.3%. Total value traded through LSE was: £ 4,581,255,813 a change of -35.41%
9/05/2023 FTSE Closed at 7764 points. Change of -100%. Total value traded through LSE was: £ 7,092,371,085 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:AVCT Avacta** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:FRES Fresnillo** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:OCDO Ocado Plc** **LSE:TLW Tullow** **
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Updated charts published on : Avacta, BP PLC, Carclo, Fresnillo, British Airways, Intercontinental Hotels Group, Ocado Plc, Tullow,
LSE:AVCT Avacta Close Mid-Price: 107 Percentage Change: -1.83% Day High: 110 Day Low: 106
If Avacta experiences continued weakness below 106, it will invariably le ……..
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View Previous Avacta & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 478.35 Percentage Change: + 0.50% Day High: 482.2 Day Low: 475
BP are becoming a little worrisome as weakness below 458p looks like becom ……..
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View Previous BP PLC & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 12.75 Percentage Change: + 15.91% Day High: 13.5 Day Low: 11.95
This is a bit interesting as above 13.5 suggests gains toward a confident ……..
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View Previous Carclo & Big Picture ***
LSE:FRES Fresnillo Close Mid-Price: 663.8 Percentage Change: -1.37% Day High: 674 Day Low: 660.8
Target met. In the event Fresnillo experiences weakness below 660.8 it ca ……..
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View Previous Fresnillo & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 159.25 Percentage Change: + 2.28% Day High: 159.75 Day Low: 154.7
Target met. Further movement against British Airways ABOVE 159.75 should ……..
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View Previous British Airways & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5378 Percentage Change: + 0.56% Day High: 5376 Day Low: 5318
This is a nuisance as it should be going up, but isn’t! The share price ne ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 410.3 Percentage Change: -0.94% Day High: 410.8 Day Low: 400.3
Weakness on Ocado Plc below 400.3 will invariably lead to 372 with second ……..
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View Previous Ocado Plc & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 22.8 Percentage Change: + 0.88% Day High: 22.9 Day Low: 21.84
Target met. Continued weakness against TLW taking the price below 21.84 c ……..
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View Previous Tullow & Big Picture ***