Just Group Plc (LSE:JUST), just heading upward?

#FTSE #Japan From the day folk hit the age of 50, a crowd of blood sucking insects descend on the unwary, this milestone birthday bringing immediate greetings from representatives of every section of the Financial Services industry. Inevitably, Saga introduce themselves as being the folk to insure your car, along with a depressing brochure offering holidays. And your mailbox will doubtless hold several envelopes from companies offering you a free pen, if you’d only sign up for their funeral plans. And the really lucky individual may also receive a birthday card from a family member…

This avalanche of predators who survive on those over 50 tends breed quite a lot of cynicism toward these amazing special offers, all of which are designed to eat into their target individuals savings. Just Group Plc appear to be targeting in 50 – Retirement age, with covering pensions, capital release from property, and producing something they call ‘Retirement Focused Solutions’. And while we’re a touch sceptical about the industry as a whole, something important seems to be happening with Just Group’s share price which should be worth some consideration.

 

Currently trading around 101p, the share price need only exceed 105p to perhaps trigger price recovery to an initial 121p with our secondary, if beaten, at a longer term 137p. We can even postulate a distant looking 181p as possible but, to be honest, we’d not advocate taking such a number seriously until such time the share price actually closes above 137p.

 

If things intend go wrong for Just Group, the share price needs retreat below 84p to spark trouble, calculating with the potential of reversal down to an initial 67p with our secondary, if broken, at 54p and hopefully a bouncy bottom. For now, optimism appears the name of the game for this share price.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:48:37PM BRENT 8658 ‘cess
8:55:37PM GOLD 2157.44 ‘cess
9:10:39PM FTSE 7736.4 7694 7660 7618 7725 7743 7748 7766 7741 ‘cess
9:13:41PM STOX50 4996 ‘cess
9:18:03PM GERMANY 18003
9:51:34PM US500 5175.8 Shambles
9:54:44PM DOW 39100 Success
9:57:05PM NASDAQ 18026.3 ‘cess
10:00:33PM JAPAN 40041 39678 39559 39374 39836 40116 40181 40812 39749

 

19/03/2024 FTSE Closed at 7738 points. Change of 0.21%. Total value traded through LSE was: £ 7,019,485,626 a change of 32.39%
18/03/2024 FTSE Closed at 7722 points. Change of -0.06%. Total value traded through LSE was: £ 5,302,291,747 a change of -63.39%
15/03/2024 FTSE Closed at 7727 points. Change of -0.21%. Total value traded through LSE was: £ 14,485,048,081 a change of 162.41%
14/03/2024 FTSE Closed at 7743 points. Change of -0.37%. Total value traded through LSE was: £ 5,520,093,152 a change of -24.07%
13/03/2024 FTSE Closed at 7772 points. Change of 0.32%. Total value traded through LSE was: £ 7,270,420,862 a change of 0.35%
12/03/2024 FTSE Closed at 7747 points. Change of 1.02%. Total value traded through LSE was: £ 7,245,332,425 a change of 15.81%
11/03/2024 FTSE Closed at 7669 points. Change of 0.13%. Total value traded through LSE was: £ 6,256,339,396 a change of 13.77%

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 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:FRES Fresnillo** **LSE:GRG Greggs** **LSE:HL. Hargreaves Lansdown** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **LSE:SPT Spirent Comms** **

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Updated charts published on : Fresnillo, Greggs, Hargreaves Lansdown, Quadrise, Rolls Royce, Spirent Comms,


LSE:FRES Fresnillo Close Mid-Price: 441.4 Percentage Change: -4.29% Day High: 462.2 Day Low: 439.2

Continued weakness against FRES taking the price below 439.2 calculates a ……..

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LSE:GRG Greggs Close Mid-Price: 2830 Percentage Change: -0.14% Day High: 2900 Day Low: 2804

Continued trades against GRG with a mid-price ABOVE 2900 should improve t ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 694 Percentage Change: -0.49% Day High: 704.6 Day Low: 688

Target met. If Hargreaves Lansdown experiences continued weakness below 6 ……..

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LSE:QED Quadrise Close Mid-Price: 1.24 Percentage Change: -17.11% Day High: 1.37 Day Low: 1.15

Target met. Weakness on Quadrise below 1.15 will invariably lead to 0.93 ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 400.7 Percentage Change: + 2.74% Day High: 400.5 Day Low: 388.3

Target met. Further movement against Rolls Royce ABOVE 400.5 should impro ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 176.4 Percentage Change: + 0.28% Day High: 183.1 Day Low: 175.2

All Spirent Comms needs are mid-price trades ABOVE 183.1 to improve accel ……..

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

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