McBride Plc (LSE:MCB) cleaning up the markets.

#EuroStoxx50 #WallSt The outbreak of price gouging among supermarkets could only have benefited McBride Plc. The company make most of the “Own Brand” products supplied by supermarkets, so when we decide to ditch Fairy Liquid and instead opt for the discount Morrison’s or wherever equivalent, the chances are the plastic bottle contains liquid from McBrides. This facet of their production remains true across a wide range of cleaning products with the result we suspect McBride Plc shall enjoy a rosy future. Even if, personally, the chance of building a spaceship from a Fairy bottle has now gone forever…


We’ve a little bit of a puzzle with McBride, their share price “only” reaching and bettering our prior target of 80p and thus far, it shows very little ambition to head toward our then secondary ambition at 108p. This week has seen a faint signal some recovery may be due, our argument unfortunately based around the weak premise of the recent drop to 68p being nothing like as low as we’d expected. Our hope is this implies a degree of hidden strength but the price currently needs exceed 82p to given a hope this shall become a reality.

Above 82p should currently trigger movement to an initial 92p, breaking the price above the ruling Blue downtrend. With closure above this Blue line, we anticipate ongoing traffic in the direction of an initial 111p with our longer term secondary, if bettered, now calculating at 129p.

We’re placing a fair degree of hope in this downtrend, due to the market providing a pretty solid confirmation of its importance during last December and then January. (Shown on the zoomed in chart extract)


If things intend go horribly wrong, below 63p looks dangerous, allowing reversals to an initial 58p with secondary, if broken, at 48p and a very possible trampoline bottom. But for now, we’re inclined toward some optimism thanks to the reverence paid to that downtrend, along with the salient detail the recent dip wasn’t as bad as we can calculate.





Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:10:18PM BRENT 8123 Shambles
9:14:27PM GOLD 1990.28
9:18:02PM FTSE 7578.4 Success
9:21:22PM STOX50 4724.1 4675 4643 4608 4695 4732 4744 4773 4700 ‘cess
9:24:06PM GERMANY 16997.8 Success
10:35:01PM US500 5003.5 ‘cess
10:39:22PM DOW 38434 38197 38013 37707 38288 38465 38524 38687 38365 Shambles
10:42:02PM NASDAQ 17799 ‘cess
10:55:57PM JAPAN 38101 Success


14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%
13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%
12/02/2024 FTSE Closed at 7573 points. Change of 0.01%. Total value traded through LSE was: £ 4,767,866,668 a change of -14.99%
9/02/2024 FTSE Closed at 7572 points. Change of -0.3%. Total value traded through LSE was: £ 5,608,670,910 a change of 3.17%
8/02/2024 FTSE Closed at 7595 points. Change of -0.43%. Total value traded through LSE was: £ 5,436,383,411 a change of -4.43%
7/02/2024 FTSE Closed at 7628 points. Change of -0.69%. Total value traded through LSE was: £ 5,688,534,403 a change of 1.67%
6/02/2024 FTSE Closed at 7681 points. Change of 0.91%. Total value traded through LSE was: £ 5,595,046,133 a change of -6.77%

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

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 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:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:QED Quadrise** **


Updated charts published on : Foxtons, Fresnillo, Greggs, Hikma, Hargreaves Lansdown, Quadrise,

LSE:FOXT Foxtons. Close Mid-Price: 58.1 Percentage Change: + 0.17% Day High: 58.9 Day Low: 57.2

Target met. Continued trades against FOXT with a mid-price ABOVE 59 shoul ……..

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View Previous Foxtons & Big Picture ***

LSE:FRES Fresnillo Close Mid-Price: 466.5 Percentage Change: -1.12% Day High: 472.8 Day Low: 464

Weakness on Fresnillo below 464 will invariably lead to 436p with seconda ……..

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View Previous Fresnillo & Big Picture ***

LSE:GRG Greggs. Close Mid-Price: 2730 Percentage Change: + 1.94% Day High: 2746 Day Low: 2680

Further movement against Greggs ABOVE 2746 should improve acceleration to ……..

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LSE:HIK Hikma. Close Mid-Price: 1965 Percentage Change: + 0.26% Day High: 1983.5 Day Low: 1959

Continued trades against HIK with a mid-price ABOVE 1983.5 should improve ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 830.8 Percentage Change: + 2.19% Day High: 840 Day Low: 814.4

Further movement against Hargreaves Lansdown ABOVE 840 should improve acc ……..

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LSE:QED Quadrise Close Mid-Price: 2.29 Percentage Change: -3.59% Day High: 2.34 Day Low: 2.34

Below 2.34 indicates travel to an initial 2.1 with secondary, when broken, ……..

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View Previous Quadrise & Big Picture ***

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

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