NatWest Group (LSE:NWG) at around 274.50 currently.

#Brent #Dax  Folk who stay in cities may have trouble with this but, in the countryside, we do not have rat problems. Except for rumours of rats which can be quite scary sounding, usually due to sightings by outsiders. Locally in our bit of Argyll, stories of super large rats abound, quite a puzzle due to food typically not lying around. On Friday, I watched one of these superman rats walking along our patio before vanishing below the “lawnmower” ramp which leads up to the back garden.

There was a problem with this particular rat.

If was roughly the size of a large domestic cat but had short legs, along with a fairly bushy tail. In fact, this looked like the sort of animal folk would cuddle, a category rats do not fall into. Except for folk who keep rats, perhaps similar with a strange human psyche which sometimes even votes for Green or LibDem… A few minutes on Google revealed the identity of our garden rat. It was a Pine Marten, fairly rare and belonging to a colour scheme which has been driving me crackers since January, when I first saw one. My most recent view was from the rear, a bushy tail in evidence but totally unlike a squirrel.

It transpires Pine Martens are fairly aggressive carnivore,  this explaining a few remnants found in the long grass. It seems they do not differentiate between rats, mice, squirrel, wood pigeon or voles, when visiting our garden takeaway.

It’s quite strange, how personally I am happy to use an Infrared Sight when searching for rodents but abhor the concept of shooting any other animal. Why is a Pine Marten cuddly, while a mouse or rat isn’t? Pine Marten look cute, look friendly, looking like they should audition for Insurance TV commercials’ in place of Meerkats. To be honest, we are quite pleased to have an invasion of Pine Marten, Red Squirrel, and that dodgy Red Squirrel we call Billy, after Billy Idol. It has a black coat, a red Mohican, and a white face, spending an absurd number of years falling out with other Squirrel. It once ran up my body, jumping off my left shoulder to a tree, while making a getaway from a furious Red ‘proper’ Squirrel.

 

Identifying a rare animal was about as pleasing as NatWest doing something useful to the share price. The recent visit to 278p met our initial target from our analysis three weeks ago and it still looks dangerously encouraging, most investors assuming their share price will behave like a cornered animal but to judge by some big picture moves, things could be interesting. Optimism remains present, due to the price managing to actually close (very slightly) above our 278p target level on four occasions.  It’s now the case where above 281p calculates as capable of an initial 295p with our secondary, if bettered, now working out at a game changing 315p

Share price closure around the 315p level shall prove to be critical for the longer term, due to Big Picture calculations entering the picture.  To cut a long and boring story short, we shall be forced to regard a long term 465p as exerting a magnetic attraction for the future.

If things intend go wrong, below 237p shall be viewed as troublesome, suggesting coming reversal to 218 with our secondary, if broken, a hopeful bottom at 197p.

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
6:21:34PM BRENT 8973 8978 8879 8780 9050 9082 9196 9312 8980
6:23:40PM GOLD 2343.57 2347
11:07:14PM FTSE 7931.3 7940
11:09:27PM STOX50 4933 4938
11:12:18PM GERMANY 17865 17833 17781 17654 17896 17952 17990 18042 17846
11:15:02PM US500 5134.4 5134
11:16:57PM DOW 38034 38040
11:22:53PM NASDAQ 18028 18022
11:25:15PM JAPAN 39033 39001

 

12/04/2024 FTSE Closed at 7995 points. Change of 0.91%. Total value traded through LSE was: £ 5,435,726,241 a change of -8.93%
11/04/2024 FTSE Closed at 7923 points. Change of -0.48%. Total value traded through LSE was: £ 5,968,969,501 a change of -30.54%
10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%
9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%
8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%
5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%
4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%

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:AAL Anglo American** **LSE:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:TLW Tullow** **

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Updated charts published on : Anglo American, AFC Energy, Astrazeneca, BP PLC, Carnival, Centamin, Fresnillo, Glencore Xstra, IQE, Ocado Plc, Tullow,


LSE:AAL Anglo American. Close Mid-Price: 2201.5 Percentage Change: + 3.67% Day High: 2240.5 Day Low: 2162

Continued trades against AAL with a mid-price ABOVE 2240.5 should improve ……..

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View Previous Anglo American & Big Picture ***


LSE:AFC AFC Energy Close Mid-Price: 19.7 Percentage Change: -0.20% Day High: 20.5 Day Low: 18.44

Target met. In the event of AFC Energy enjoying further trades beyond 20. ……..

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View Previous AFC Energy & Big Picture ***


LSE:AZN Astrazeneca. Close Mid-Price: 11064 Percentage Change: + 0.93% Day High: 11184 Day Low: 10962

Target met. Continued trades against AZN with a mid-price ABOVE 11184 sho ……..

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View Previous Astrazeneca & Big Picture ***


LSE:BP. BP PLC. Close Mid-Price: 539.1 Percentage Change: + 3.67% Day High: 540.9 Day Low: 528.1

Target met. Continued trades against BP. with a mid-price ABOVE 540.9 sho ……..

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View Previous BP PLC & Big Picture ***


LSE:CCL Carnival Close Mid-Price: 1036 Percentage Change: -2.49% Day High: 1077.5 Day Low: 1036

If Carnival experiences continued weakness below 1036, it will invariably ……..

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LSE:CEY Centamin. Close Mid-Price: 130.3 Percentage Change: + 1.88% Day High: 132.8 Day Low: 129.5

Target met. Continued trades against CEY with a mid-price ABOVE 132.8 sho ……..

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View Previous Centamin & Big Picture ***


LSE:FRES Fresnillo. Close Mid-Price: 622.5 Percentage Change: + 7.61% Day High: 623.5 Day Low: 603.5

Further movement against Fresnillo ABOVE 623.5 should improve acceleratio ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 485.7 Percentage Change: + 5.10% Day High: 488.2 Day Low: 467.9

All Glencore Xstra needs are mid-price trades ABOVE 488.2 to improve acce ……..

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View Previous Glencore Xstra & Big Picture ***


LSE:IQE IQE. Close Mid-Price: 28.85 Percentage Change: + 1.41% Day High: 31.1 Day Low: 27.45

Target met. All IQE needs are mid-price trades ABOVE 31.1 to improve acce ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 356.7 Percentage Change: -3.62% Day High: 375.3 Day Low: 356

In the event Ocado Plc experiences weakness below 356 it calculates with ……..

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View Previous Ocado Plc & Big Picture ***


LSE:TLW Tullow. Close Mid-Price: 37.78 Percentage Change: + 5.00% Day High: 38.56 Day Low: 35.98

Target Met. Now above 36 should prove capable of a lift to an initial 42.3 ……..

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View Previous Tullow & Big Picture ***


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

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