IntegraFin Holdings Plc (LSE:IHP) and a recovery cycle

#Gold #FTSE The subject of a few recent emails asking our opinion, we’d never come across FTSE 250 member IntegraFin until folk started asking questions, this generally being a sign something may be brewing and hopefully not misplaced optimism in an internet chatroom. To be fair, their movement history since being listed in 2018 is fairly typical and now, the share price appears to be on the edge of making realistic gains.

There certainly appears to be an issue at the 290p level as since 2022, the share price has been regularly forced down below such a point. However, since some movements last December, we’re justified in taking an interest as it looks possible something interesting is brewing. More useful, since the price made its initial surge upward at the end of 2023, the share price appears keen to define yet another trend for itself, making it plain the Blue downtrend matters on no less than 7 occasions in just a few weeks. This behaviour, ideally, allows us to establish a trigger level for future positive movements.

This being the case, we’ve opted to establish a trigger level at 307p as movement above such a point calculates with the chance of a lift to 323p with secondary, if beaten, a longer term 335p. Visually, there’s a threat of some hesitation at the 335p level, given prior highs. Essentially, a bunch of folk trapped since the start of 2023 can be expected to ditch their shares, thus provoking some selling pressure. Only with closure above 335p shall we date start expressing hope for a future wander uphill to an eventual 457p.

 

For now, the share price is trading below Blue on the chart and therefore, at risk of a hysterical fall.

Below 273p would now be regarded as a bad thing, introducing the threat of reversal to 257p with secondary, if broken, a rather more damaging 208p, along with the visual expectation of a rebound.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:19:26PM BRENT 7991
9:22:36PM GOLD 2012.58 2011 2009 1999 2021 2037 2046 2058 2024 ‘cess
10:15:56PM FTSE 7507.2 7496 7484 7466 7524 7540 7563 7617 7510
10:21:31PM STOX50 4557 Success
10:42:31PM GERMANY 16875 Success
10:48:57PM US500 4871.9 Success
10:53:41PM DOW 37871 Shambles
11:00:31PM NASDAQ 17504.9 Success
11:20:41PM JAPAN 36191

 

24/01/2024 FTSE Closed at 7527 points. Change of 0.55%. Total value traded through LSE was: £ 4,729,886,078 a change of -8.08%
23/01/2024 FTSE Closed at 7486 points. Change of -0.01%. Total value traded through LSE was: £ 5,145,475,949 a change of 1.4%
22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%
19/01/2024 FTSE Closed at 7461 points. Change of 0.03%. Total value traded through LSE was: £ 6,017,076,844 a change of 5.37%
18/01/2024 FTSE Closed at 7459 points. Change of 0.17%. Total value traded through LSE was: £ 5,710,434,313 a change of 4.63%
17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%
16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%

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:EME Empyrean** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:SRP Serco** **LSE:TERN Tern Plc** **

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Updated charts published on : Empyrean, Experian, EasyJet, Intertek, Lloyds Grp., Serco, Tern Plc,


LSE:EME Empyrean Close Mid-Price: 0.4 Percentage Change: -15.79% Day High: 0.4 Day Low: 0.38

Continued weakness against EME taking the price below 0.38 calculates as ……..

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View Previous Empyrean & Big Picture ***


LSE:EXPN Experian. Close Mid-Price: 3246 Percentage Change: + 0.78% Day High: 3268 Day Low: 3214

Target met. In the event of Experian enjoying further trades beyond 3268, ……..

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View Previous Experian & Big Picture ***


LSE:EZJ EasyJet. Close Mid-Price: 520.2 Percentage Change: + 2.36% Day High: 538.4 Day Low: 514.6

Continued trades against EZJ with a mid-price ABOVE 538.4 should improve ……..

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View Previous EasyJet & Big Picture ***


LSE:ITRK Intertek. Close Mid-Price: 4390 Percentage Change: + 0.69% Day High: 4396 Day Low: 4355

In the event of Intertek enjoying further trades beyond 4396, the share s ……..

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View Previous Intertek & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 42.16 Percentage Change: -2.10% Day High: 43.47 Day Low: 41.98

Continued weakness against LLOY taking the price below 41.98 calculates a ……..

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View Previous Lloyds Grp. & Big Picture ***


LSE:SRP Serco. Close Mid-Price: 173.3 Percentage Change: + 3.03% Day High: 173.8 Day Low: 167.4

Target met. Continued trades against SRP with a mid-price ABOVE 173.8 sho ……..

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View Previous Serco & Big Picture ***


LSE:TERN Tern Plc Close Mid-Price: 2.09 Percentage Change: -27.30% Day High: 2.15 Day Low: 1.75

Target met. Continued weakness against TERN taking the price below 1.75 c ……..

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View Previous Tern Plc & Big Picture ***


*** End of “Updated Today” comments on shares.

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