#FTSE #Nasdaq Our analysis last October, when Currys were trading around 47p requires an update. The company, currently facing a bidding war for its shares, is one we suspect are bucking the trend for buying everything on-line. From a personal standpoint, this is a bit of a surprise, as we’re guilty of visiting white goods stores such as this to make a decision, then returning home to order whatever we’re looking for online. Maybe we’re not representative of the trend as the interest in Currys appears to be coming from the USA and China, two countries obviously keen to remove profits from the UK regardless of our own buying habits.
Everything is looking just a little complex. While we had obviously suspected the share price faced being gapped up again, the level of movement came as something of a surprise and we suspect the games are not yet complete. Further price nudges now above 69.5p calculate as capable of a lift to 75.2p next with our secondary, if bettered, at 87p. In this instance, we can happily provide a third level target should 87p be exceeded as a longer term visit to 102p makes a lot of sense, both visually and arithmetically.
For everything to go wrong, below 44p is required to suggest an investment in running shoes as this is liable to provoke reversal to an initial 38p with secondary, if broken, at an ultimate bottom of 24p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 8:37:39PM | BRENT | 8181.6 | |||||||||
| 8:42:48PM | GOLD | 2128.94 | |||||||||
| 8:46:05PM | FTSE | 7629.8 | 7598 | 7567 | 7523 | 7646 | 7658 | 7676 | 7702 | 7630 | ‘cess |
| 9:39:00PM | STOX50 | 4870.3 | Success | ||||||||
| 9:44:21PM | GERMANY | 17677 | ‘cess | ||||||||
| 9:46:48PM | US500 | 5082.1 | Success | ||||||||
| 10:01:31PM | DOW | 38600.5 | Success | ||||||||
| 10:04:17PM | NASDAQ | 17951.4 | 17804 | 17729 | 17525 | 17950 | 17960 | 18016 | 18088 | 17880 | Success |
| 10:07:03PM | JAPAN | 39855 | ‘cess |
5/03/2024 FTSE Closed at 7646 points. Change of 0.08%. Total value traded through LSE was: £ 5,538,797,167 a change of -5.01%
4/03/2024 FTSE Closed at 7640 points. Change of -0.55%. Total value traded through LSE was: £ 5,830,824,809 a change of -4.21%
1/03/2024 FTSE Closed at 7682 points. Change of 0.68%. Total value traded through LSE was: £ 6,087,264,861 a change of -41.68%
29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%
28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%
27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%
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% 
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:GRG Greggs** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:RKH Rockhopper** **LSE:SDY Speedyhire** **LSE:SPT Spirent Comms** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TSCO Tesco** **
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Updated charts published on : Aston Martin, Greggs, Intertek, Natwest, Rockhopper, Speedyhire, Spirent Comms, Standard Chartered, Tern Plc, Tesco,
LSE:AML Aston Martin Close Mid-Price: 155 Percentage Change: -6.06% Day High: 163.8 Day Low: 156.6
Target met. Weakness on Aston Martin below 156.6 will invariably lead to ……..
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View Previous Aston Martin & Big Picture ***
LSE:GRG Greggs. Close Mid-Price: 2774 Percentage Change: + 2.14% Day High: 2868 Day Low: 2704
Target met. In the event of Greggs enjoying further trades beyond 2868, t ……..
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View Previous Greggs & Big Picture ***
LSE:ITRK Intertek. Close Mid-Price: 4905 Percentage Change: + 6.15% Day High: 4972 Day Low: 4746
Target met. In the event of Intertek enjoying further trades beyond 4972, ……..
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View Previous Intertek & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 249.8 Percentage Change: + 0.60% Day High: 251.1 Day Low: 245.7
Further movement against Natwest ABOVE 251.1 should improve acceleration ……..
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View Previous Natwest & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 13.35 Percentage Change: + 1.52% Day High: 14 Day Low: 13.05
In the event of Rockhopper enjoying further trades beyond 14, the share s ……..
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View Previous Rockhopper & Big Picture ***
LSE:SDY Speedyhire Close Mid-Price: 25.9 Percentage Change: -2.26% Day High: 26.5 Day Low: 25.7
If Speedyhire experiences continued weakness below 25.7, it will invariab ……..
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View Previous Speedyhire & Big Picture ***
LSE:SPT Spirent Comms. Close Mid-Price: 177 Percentage Change: + 63.28% Day High: 177 Day Low: 170.2
Target met. Further movement against Spirent Comms ABOVE 177 should impro ……..
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View Previous Spirent Comms & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 687.8 Percentage Change: + 0.79% Day High: 714.8 Day Low: 670.2
In the event of Standard Chartered enjoying further trades beyond 714.8, ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TERN Tern Plc Close Mid-Price: 1.85 Percentage Change: -2.63% Day High: 1.9 Day Low: 1.65
If Tern Plc experiences continued weakness below 1.65, it will invariably ……..
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View Previous Tern Plc & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 276.3 Percentage Change: + 0.14% Day High: 276.2 Day Low: 272.8
Continued weakness against TSCO taking the price below 272.8 calculates a ……..
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View Previous Tesco & Big Picture ***