#Brent #Germany An email asking our thoughts on long established #Fisher & Sons Plc caught our attention, if only due to a reference to them being based in Barrow-in-Furness. Having visited Barrow just twice, it wasn’t a place which inspired any fond memories, especially after passing through the picturesque lake district anticipating being impressed. Instead, we found a town which would challenge a wet day in Greenock, Scotland for misery.
Okay, perhaps there’s another reason for the grudge. A reference about a mythical TVR 2+2 had led to a dealer in the town who claimed being able to source one. They were rare, not due to popularity but really because no sane person wanted one but as I’d a Golden Retriever, a sports car with a slightly useable back seat was needed. As I’d already owned most models of TVR, the idea of a 2+2 made sense and this vehicle promised to be special, apparently a cancelled order from someone in the middle east. The next few years proved interesting, the high end specification giving a constant reason for the vehicle suffering problems. One special incident was the day it started snowing inside the car, air conditioning opting to create artificial snow which pumped out every vent. This was to be the final TVR owned, eventually traded against a Mercedes coupe.
For the last couple of years, it has almost felt like a rule was being applied, one designed to make traders believe the share price could not sink below 245p. We often believe this can be an example of brokers exercising a sense of humour, awaiting sufficient number of shares purchased at “bottom” prior to executing a final “gotcha” drop. In the case of Fisher, we’re not entirely confident this is the case as, from a Big Picture stance, it is difficult to calculate below 245p without coming up with answers which are prefaced by impossible minus signs. Perhaps it is the case the share price is indeed at a “bottom” though, when we review movements since 2022, there is a vague chance weakness below 245p could maybe bottom at 120p.
Should we chose to embrace optimism, above 277p could hopefully trigger recovery to an initial important 292p. Recovery such as this would be important, exceeding the Blue downtrend and transporting the share price into a zone where a longer term cycle to 344p looks very possible. In this instance, we can even supply a third level target potential at 423p, an ambition which makes a lot of visual sense and implies any break upward is liable to find the share price stuck in its channel between 245p and 423p. Only with closure above 423p shall we dare believe a significant change has taken place in its longer term potentials.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 9:53:40PM | BRENT | 8900.9 | 8717 | 8694 | 8622 | 8786 | 8910 | 9001 | 9273 | 8683 |
| 9:57:37PM | GOLD | 2279.9 | ||||||||
| 10:53:13PM | FTSE | 7940.3 | ||||||||
| 10:54:51PM | STOX50 | 5053.2 | ||||||||
| 10:56:41PM | GERMANY | 18309.1 | 18258 | 18205 | 18060 | 18328 | 18575 | 18657 | 18790 | 18487 |
| 10:58:24PM | US500 | 5210.7 | ||||||||
| 11:00:24PM | DOW | 39188.5 | ||||||||
| 11:03:36PM | NASDAQ | 18134.4 | ||||||||
| 11:07:12PM | JAPAN | 39654 |
2/04/2024 FTSE Closed at 7935 points. Change of -0.21%. Total value traded through LSE was: £ 6,396,592,284 a change of 13.98%
28/03/2024 FTSE Closed at 7952 points. Change of 0.26%. Total value traded through LSE was: £ 5,611,823,607 a change of -19.65%
27/03/2024 FTSE Closed at 7931 points. Change of 0.01%. Total value traded through LSE was: £ 6,984,265,081 a change of 6.21%
26/03/2024 FTSE Closed at 7930 points. Change of 0.16%. Total value traded through LSE was: £ 6,575,880,287 a change of 25.5%
25/03/2024 FTSE Closed at 7917 points. Change of -0.16%. Total value traded through LSE was: £ 5,239,616,873 a change of -10.61%
22/03/2024 FTSE Closed at 7930 points. Change of -100%. Total value traded through LSE was: £ 5,861,635,918 a change of 0%
21/03/2024 FTSE Closed at 7882 points. Change of 0%. Total value traded through LSE was: £ 7,034,399,784 a change of 0% 
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:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CEY Centamin** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TLW Tullow** **
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Updated charts published on : Aviva, BALFOUR BEATTY, BP PLC, Centamin, Natwest, Rolls Royce, Scottish Mortgage Investment Trust, Tullow,
LSE:AV. Aviva Close Mid-Price: 492.5 Percentage Change: -0.83% Day High: 499.4 Day Low: 492.7
In the event of Aviva enjoying further trades beyond 499.4, the share sho ……..
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View Previous Aviva & Big Picture ***
LSE:BBY BALFOUR BEATTY Close Mid-Price: 378.8 Percentage Change: -0.89% Day High: 391.4 Day Low: 377.6
Further movement against BALFOUR BEATTY ABOVE 391.4 should improve accele ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 508.6 Percentage Change: + 2.60% Day High: 511.7 Day Low: 502.8
Target met. All BP PLC needs are mid-price trades ABOVE 511.7 to improve ……..
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View Previous BP PLC & Big Picture ***
LSE:CEY Centamin. Close Mid-Price: 114.9 Percentage Change: + 1.77% Day High: 116.1 Day Low: 114
Target met. Further movement against Centamin ABOVE 116.1 should improve ……..
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View Previous Centamin & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 267.1 Percentage Change: + 0.60% Day High: 267.9 Day Low: 264
In the event of Natwest enjoying further trades beyond 267.9, the share s ……..
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View Previous Natwest & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 418.9 Percentage Change: -1.83% Day High: 435 Day Low: 412.9
In the event of Rolls Royce enjoying further trades beyond 435, the share ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 866 Percentage Change: -3.13% Day High: 898 Day Low: 866.4
Target met. All Scottish Mortgage Investment Trust needs are mid-price tr ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 32.9 Percentage Change: + 5.58% Day High: 32.72 Day Low: 31.34
Target met. Continued trades against TLW with a mid-price ABOVE 32.72 sho ……..
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View Previous Tullow & Big Picture ***