Their share price was gapped up above the downtrend since 2020, such a deliberate movement making it difficult not to anticipate ongoing gains. To spoil the party, the share price probably needs fall below 61.15p. A move such as this allows for reversal to an initial 52.8 with secondary, if broken, an eventual 45.2p and a very possible rebound level.
On a more positive stance, above 68.4p now calculates with the potential of a lift to an initial 80 with secondary, if beaten, a longer term 87p. There’s certainly a pretty solid argument favouring a visit to 87p and only with share price closure above such a point, shall we feel duty bound to once again revisit their price movements
We’re being lazy, looking only at the top futures shares until my brain starts functioning.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:47:14PM | BRENT | 7667 | 7633 | 7595 | 7506 | 7682 | 7763 | 7787 | 7838 | 7711 | |
| 9:49:47PM | GOLD | 2023.5 | 2020 | 2016 | 2008 | 2031 | 2040 | 2045 | 2053 | 2024 | |
| 10:01:39PM | DOW | 37693 | 37436 | 37337 | 37200 | 37712 | 37745 | 37773 | 37908 | 37602 | |
| 10:06:22PM | FTSE | 7652.9 | 7645 | 7632 | 7600 | 7675 | 7683 | 7699 | 7717 | 7652 |
10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%
9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%
8/01/2024 FTSE Closed at 7694 points. Change of 0.07%. Total value traded through LSE was: £ 4,692,765,125 a change of -13.08%
7/01/2024 FTSE Closed at 7689 points. Change of -0.44%. Total value traded through LSE was: £ 5,398,845,060 a change of 19.89%
4/01/2024 FTSE Closed at 7723 points. Change of -100%. Total value traded through LSE was: £ 4,502,996,889 a change of 0%
3/01/2024 FTSE Closed at 7682 points. Change of 0%. Total value traded through LSE was: £ 4,597,057,566 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:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:GRG Greggs** **
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Updated charts published on : Avacta, Astrazeneca, BP PLC, Greggs,
LSE:AVCT Avacta Close Mid-Price: 109.5 Percentage Change: -0.90% Day High: 110.5 Day Low: 107
If Avacta experiences continued weakness below 107, it will invariably le ……..
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View Previous Avacta & Big Picture ***
LSE:AZN Astrazeneca Close Mid-Price: 10900 Percentage Change: -0.02% Day High: 10926 Day Low: 10810
Continued trades against AZN with a mid-price ABOVE 10926 should improve ……..
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View Previous Astrazeneca & Big Picture ***
LSE:BP. BP PLC Close Mid-Price: 456.45 Percentage Change: -0.63% Day High: 462.3 Day Low: 455
In the event BP PLC experiences weakness below 455 it calculates with a d ……..
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View Previous BP PLC & Big Picture ***
LSE:GRG Greggs. Close Mid-Price: 2602 Percentage Change: + 5.17% Day High: 2718 Day Low: 2494
Target met. Continued trades against GRG with a mid-price ABOVE 2718 shou ……..
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View Previous Greggs & Big Picture ***