#FTSE #Nasdaq When we wrote “first world problem” the other day, it was a suitably disparaging statement to describe the utter suffering experienced, when your Espresso machine has a heated top area, capable of ensuring your stomper has coffee adhering strongly and the two brushes for cleaning things get ruined. But, to be completely honest, there was another quite different need to create an air gap above the top of the coffee machine.
Before skipping ahead and thinking; “this nonsense will never happen to me!”, it will. You reach an age when it feels you may be single handedly keeping the pharmaceutical industry afloat, finding yourself in a zone of hell, pills to take in the morning and pills to take at night. It wasn’t difficult to designate the coffee machine as the pill tray holder, simply turning the tray around when the designated doze of pills were popped. “Night-time Monday pills, rotate it so Day-time Tuesday is next”. No-one wants to habitually take pills but placement of the sodding things makes for an easy reminder, given the importance of starting the day with a coffee.
This is where the issue arose, due to the harsh reality of Cod Liver Oil capsules. These things reside quite happily in a pill tray but dislike heat, especially from an Espresso machine. This runs the risk of accidentally forgetting to turn off the gizmo, finding the capsules melted and merged chemotherapy, blood pressure, diabetes, and even gout prevention pills into a gooey mess. And thus, it was either the case of abandoning my coffee machine, abandoning my pill intake, or figuring out how to do things better. Which brought me, once again, to the 3d Printer from hell which as I write this, apparently is printing the components for a new shelf capable of holding the coffee stomper, two brushes, and a tray of 7 Day and Night drugs. The job will take around 4 hours…
Phoenix Group share price has enacted something quite interesting. We shall be revisit the share during December but the market indeed opted to gap the price back up above Red on the chart.
McBride Plc This is quite an impressive company, supplying the stock market equivalent for famous “covers” groups such as Led Zeppelin. Everyone uses their products but, due to rebranding for whatever company label is being stuck on the product, remain anonymous. It was surprising to note their cleaning products are supplied through 49 out of 50 of Europe’s top grocery retailers.
Their share price has enjoyed a pretty dire journey since 2017 but recently has started to exhibit some signs of it coming alive again.
During October, the share price was gapped up above an arguable downtrend, the movement suggesting growth exceeding 64p should make an attempt at an initial 80p with secondary, if bettered, at a longer term 108p, perhaps even 150p thanks to the massive gap down in 2019 utterly skewing the numbers. We’re fairly happy about the prospects of a future 80p but suspect we shall need revisit the numbers once such a level is attained.
The share price needs below 38p to utterly foul up our numeric predictions.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:15:06PM | BRENT | 8237.2 | |||||||||
| 9:18:16PM | GOLD | 1998.31 | Success | ||||||||
| 9:22:06PM | FTSE | 7481 | 7446 | 7437 | 7410 | 7466 | 7505 | 7522 | 7547 | 7475 | |
| 9:29:47PM | STOX50 | 4327.5 | |||||||||
| 9:41:39PM | GERMANY | 15904.3 | |||||||||
| 9:44:19PM | US500 | 4534.8 | |||||||||
| 9:48:02PM | DOW | 35073.2 | |||||||||
| 9:53:17PM | NASDAQ | 15912.8 | 15860 | 15822 | 15740 | 15940 | 15986 | 16005 | 16053 | 15944 | |
| 10:00:11PM | JAPAN | 33173 |
21/11/2023 FTSE Closed at 7482 points. Change of -0.19%. Total value traded through LSE was: £ 4,015,011,285 a change of -11.06%
20/11/2023 FTSE Closed at 7496 points. Change of -0.11%. Total value traded through LSE was: £ 4,514,299,465 a change of -13.95%
17/11/2023 FTSE Closed at 7504 points. Change of 1.27%. Total value traded through LSE was: £ 5,245,946,356 a change of -1.73%
16/11/2023 FTSE Closed at 7410 points. Change of -1.02%. Total value traded through LSE was: £ 5,338,555,524 a change of -8.11%
15/11/2023 FTSE Closed at 7486 points. Change of 0.62%. Total value traded through LSE was: £ 5,809,987,386 a change of 5.78%
14/11/2023 FTSE Closed at 7440 points. Change of 0.2%. Total value traded through LSE was: £ 5,492,695,208 a change of 7.64%
13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%
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:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:CPI Capita** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:RKH Rockhopper** **LSE:SPT Spirent Comms** **
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Updated charts published on : Aston Martin, Barrett Devs, Capita, British Airways, ITM Power, Rockhopper, Spirent Comms,
LSE:AML Aston Martin Close Mid-Price: 230 Percentage Change: -0.09% Day High: 235.6 Day Low: 229.4
All Aston Martin needs are mid-price trades ABOVE 235.6 to improve accele ……..
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View Previous Aston Martin & Big Picture ***
LSE:BDEV Barrett Devs. Close Mid-Price: 492.4 Percentage Change: + 1.07% Day High: 494.6 Day Low: 487.7
In the event of Barrett Devs enjoying further trades beyond 494.6, the sh ……..
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View Previous Barrett Devs & Big Picture ***
LSE:CPI Capita. Close Mid-Price: 20.6 Percentage Change: + 7.29% Day High: 21.5 Day Low: 19.74
Target met. Continued trades against CPI with a mid-price ABOVE 21.5 shou ……..
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View Previous Capita & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 155.45 Percentage Change: -4.98% Day High: 165.4 Day Low: 155.8
In the event of British Airways enjoying further trades beyond 165.4, th ……..
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View Previous British Airways & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 55.04 Percentage Change: -6.08% Day High: 58.5 Day Low: 54.7
In the event ITM Power experiences weakness below 54.7 it calculates with ……..
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View Previous ITM Power & Big Picture ***
LSE:RKH Rockhopper Close Mid-Price: 11.45 Percentage Change: -5.76% Day High: 12 Day Low: 11.4
Weakness on Rockhopper below 11.4 will invariably lead to 11p, a short li ……..
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View Previous Rockhopper & Big Picture ***
LSE:SPT Spirent Comms. Close Mid-Price: 108.2 Percentage Change: + 0.56% Day High: 109 Day Low: 106.2
Continued trades against SPT with a mid-price ABOVE 109 should improve th ……..
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View Previous Spirent Comms & Big Picture ***