#Gold #Nasdaq It wasn’t until an email flooded in we realised we’ve not seen a Wincanton truck for ages! The reason is simple, the legalised theft ferries across to Argyll can maybe take 3 HGV’s or a load of cars on each crossing. HGV operators avoid the experience, doubtless ditching their loads at “distribution centres” when the ubiquitous white van man takes over. It is possible to get here by road, sometimes. But the useless Scottish government ensure such an ambition is a hit ‘n’ miss process, even employing massive electronic signs to let folk know if the road is open or washed away. It’s quite a big deal, the wrong call adding several hundred miles to a trip.
Currently and probably the work of a politician with a runaway mouth, sheep are being blamed for the landslides. Or, being more accurate, a lack of sheep! The theory has sheep stomping around the surrounding mountains compressed the ground, stopping landslides. Who knows, maybe it’s true as sheep are no longer allowed to graze the slopes. It was once an exercise which made driving the route called “The Rest And Be Thankful”, a remorseless slope into the mountains, fraught with danger. It was perfectly possible to be exceeding the legal speed limit, come round a bend, and find a flock of sheep looking at your headlights with considerable interest. Quite a few folk found braking from 120mph could be an interesting experience. It was even rumoured the Scottish Police Force would test the ability of their trainee motorcyclists by timing them to prove they can actually cover 2 miles in just one minute. From personal experience, I’ve a suspicion this may be correct, once covering a particular stretch with marked police machinery both in front and behind, while we all were delighted by torrential rain.
Our little convoy certainly nudged above legal limits but when we reached the point where we’d to turn left to the ferry terminals, I indicated for a stop. “Why did you stop?” asked the leading guy. “I don’t think this pace is safe,” was my reply. He laughed, said “Well done, that’s the right answer and a pass.” With us slowing down to a crawl at 60mph for the rest of the journey, once on the ferry the rain stopped, the sun came out, and it all felt like a mistaken dream.
A funny thing about the sheep story are legendary Glencoe Sheep. The A82 through Glencoe can be quite fast but Glencoe Sheep are smart, hearing a car or motorcycle and opting to stand up and get to the side of the road. Whereas Glencoe deer are reared on stupid pills, one even flaunting a “Don’t Shoot Me” logo, sprayed on its rear. (A Circle with a red line, over a gun. Ghostbusters inspired)
Returning to Wincanton Plc, according to our email, a bidding war has kicked off for the share and their price is certainly showing some fascinating movements. Usually we’d be quite excited as it has shown a couple of classic GaGa (Gap Down/Gap Up) movements, ones which would traditionally suggest this is a share price capable of quite strong future movements. However, we feel the need to wave a cautionary finger. We often suspect the real driver in company takeovers isn’t the share price but instead, whatever behind the scenes deals for executive directors are on offer. Lets face it, there’s a very thin line between bribery and business incentive and when a Board decide to recommend an offer to shareholders, it’s often questionable just what has driven the BoD’s decision.
If we use our conventional GaGa logic, above just 505 should currently promote acceleration to an initial 585p with secondary, if bettered, at a longer term (or the next day) 644p. We cannot safely calculate above this level without making a Liz Truss face and mentioning an improbable 750p.
Their share price needs below 200p to cause serious panic. Our suspicion is to anticipate an eventual 585p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 8:26:16PM | BRENT | 8184.9 | 8140 | |||||||
| 8:29:51PM | GOLD | 2032.7 | 2025 | 2021 | 2014 | 2035 | 2038 | 2041 | 2046 | 2031 |
| 8:32:21PM | FTSE | 7686 | 7689 | |||||||
| 8:46:00PM | STOX50 | 4865.3 | 4740 | |||||||
| 8:53:44PM | GERMANY | 17432 | 17407 | |||||||
| 8:56:42PM | US500 | 5072.9 | 5070 | |||||||
| 9:05:10PM | DOW | 39069 | 39014 | |||||||
| 9:08:18PM | NASDAQ | 17924 | 17815 | 17773 | 17666 | 17942 | 18016 | 18052 | 18111 | 17922 |
| 9:11:15PM | JAPAN | 39339 | 39304 |
26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%
23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%
22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%
21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%
20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%
19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%
16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53% 
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:AV. Aviva** **LSE:BARC Barclays** **LSE:CNA Centrica** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:IPF International Personal Finance** **LSE:ITV ITV** **LSE:OCDO Ocado Plc** **
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Updated charts published on : Aviva, Barclays, Centrica, MAN, Experian, Gulf Keystone, International Personal Finance, ITV, Ocado Plc,
LSE:AV. Aviva. Close Mid-Price: 454 Percentage Change: + 0.40% Day High: 454.3 Day Low: 449.6
All Aviva needs are mid-price trades ABOVE 454.3 to improve acceleration ……..
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View Previous Aviva & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 165.84 Percentage Change: + 1.28% Day High: 166.7 Day Low: 162.82
Continued trades against BARC with a mid-price ABOVE 166.7 should improve ……..
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View Previous Barclays & Big Picture ***
LSE:CNA Centrica Close Mid-Price: 124.7 Percentage Change: -2.31% Day High: 127.8 Day Low: 124
Weakness on Centrica below 124 will invariably lead to 100p with secondar ……..
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View Previous Centrica & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 244.2 Percentage Change: + 2.18% Day High: 247.9 Day Low: 234.2
All MAN needs are mid-price trades ABOVE 247.9 to improve acceleration to ……..
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View Previous MAN & Big Picture ***
LSE:EXPN Experian Close Mid-Price: 3428 Percentage Change: -0.12% Day High: 3468 Day Low: 3427
Further movement against Experian ABOVE 3468 should improve acceleration ……..
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View Previous Experian & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 92.45 Percentage Change: + 0.65% Day High: 93.8 Day Low: 89
Continued weakness against GKP taking the price below 89 calculates as le ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 113.5 Percentage Change: -4.22% Day High: 118 Day Low: 102.5
Weakness on International Personal Finance below 102.5 will invariably le ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ITV ITV Close Mid-Price: 56.74 Percentage Change: -2.17% Day High: 57.88 Day Low: 56.68
Target met. Continued weakness against ITV taking the price below 56.68 c ……..
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View Previous ITV & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 491.5 Percentage Change: -6.98% Day High: 525.4 Day Low: 484.4
Weakness on Ocado Plc below 484.4 will invariably lead to 466p with secon ……..
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View Previous Ocado Plc & Big Picture ***