#Gold #S&P500 Something curious appears to be going on with Mobico, once known as National Express until changing their name in 2023. A rash of negative news, turnover up but profits down, their CFO jumping ship, and accounting issues in their German train division all seem to have conspired toward a pretty dire time since 2020 but watching intraday price shuffles at the start of this week made us pause for thought.
There were a lot of factors present, indicating the share price could easily slide further downhill but despite what probably felt like a vile day, things didn’t go anywhere as badly as was possible. Instead, we started to wonder if all the negative news was “factored in” and there shouldn’t be any more surprises left. After all, the public appear to be losing their fear of being crammed into germ laden environments and we’ve already noticed the dreaded tourists busses are making their presence felt on narrow roads locally. Even the local bus service in our bit of Argyll looks like it has experienced a 100% increase in trade as today, two people were spotted on the hourly service to town, a massive increase than the usual person who always sits at the very rear. It’s possible the bus picks up many more passengers on its route as it winds though areas with greater populations but we’ve got our doubts.
The myth of all bad news being “factored in” can often end in tears and we’re basing our positive bias against the salient detail this share price didn’t entirely collapse. To prove this inconstant theory, above 59.7p should prove interesting, calculating with the potential of a share price lift to an initial 61.5p with our secondary, if exceeded, calculating at 65.5p. Closure above this secondary value should provide a solid early warning signal of the share price moving into a region, where some Big Picture ambitions become available.
Finally, now below 51p would signal more trouble than 4 flashing Red lights on an overhead motorway gantry, making reversal to an eventual 39p and hopefully, an ultimate bottom as we cannot calculate below such. For now, as with all bus and train journeys, it’s fingers crossed time!
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:40:18PM | BRENT | 8661 | |||||||||
| 9:42:52PM | GOLD | 2328 | 2325 | 2301 | 2262 | 2344 | 2364 | 2379 | 2397 | 2352 | Success |
| 9:45:22PM | FTSE | 8044 | Success | ||||||||
| 9:47:49PM | STOX50 | 4951 | |||||||||
| 9:53:53PM | GERMANY | 17928 | ‘cess | ||||||||
| 9:56:54PM | US500 | 5010.5 | 4970 | 4946 | 4915 | 4999 | 5040 | 5052 | 5094 | 5004 | |
| 9:59:35PM | DOW | 38258 | Success | ||||||||
| 10:03:28PM | NASDAQ | 17200 | ‘cess | ||||||||
| 10:08:48PM | JAPAN | 37705 | Success |
22/04/2024 FTSE Closed at 8023 points. Change of 1.62%. Total value traded through LSE was: £ 5,439,622,583 a change of -22.9%
19/04/2024 FTSE Closed at 7895 points. Change of 0.23%. Total value traded through LSE was: £ 7,055,208,688 a change of 7.7%
18/04/2024 FTSE Closed at 7877 points. Change of 0.38%. Total value traded through LSE was: £ 6,551,072,926 a change of 27.48%
17/04/2024 FTSE Closed at 7847 points. Change of 0.35%. Total value traded through LSE was: £ 5,138,744,008 a change of -8.61%
16/04/2024 FTSE Closed at 7820 points. Change of -1.82%. Total value traded through LSE was: £ 5,622,635,189 a change of 16.7%
15/04/2024 FTSE Closed at 7965 points. Change of -0.38%. Total value traded through LSE was: £ 4,817,927,674 a change of -11.37%
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% 
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:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:QED Quadrise** **LSE:SCLP Scancell** **
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Updated charts published on : Avacta, Astrazeneca, Gulf Keystone, HSBC, British Airways, Quadrise, Scancell,
LSE:AVCT Avacta Close Mid-Price: 44.6 Percentage Change: -8.04% Day High: 48.5 Day Low: 43.75
In the event Avacta experiences weakness below 43.75 it calculates with a ……..
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View Previous Avacta & Big Picture ***
LSE:AZN Astrazeneca. Close Mid-Price: 11250 Percentage Change: + 2.78% Day High: 11306 Day Low: 11004
Further movement against Astrazeneca ABOVE 11306 should improve accelerat ……..
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View Previous Astrazeneca & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 122.4 Percentage Change: + 9.29% Day High: 129 Day Low: 112.2
All Gulf Keystone needs are mid-price trades ABOVE 129 to improve acceler ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 666.5 Percentage Change: + 3.14% Day High: 667.8 Day Low: 653.3
Further movement against HSBC ABOVE 667.8 should improve acceleration tow ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 175.2 Percentage Change: + 3.36% Day High: 176.4 Day Low: 170.1
Continued trades against IAG with a mid-price ABOVE 176.4 should improve ……..
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View Previous British Airways & Big Picture ***
LSE:QED Quadrise. Close Mid-Price: 1.78 Percentage Change: + 11.23% Day High: 1.85 Day Low: 1.7
This is getting interesting as above 1.85 calculates with the potential of ……..
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View Previous Quadrise & Big Picture ***
LSE:SCLP Scancell. Close Mid-Price: 9.6 Percentage Change: + 0.00% Day High: 9.6 Day Low: 9.4
Target met. Weakness on Scancell below 9.4 will invariably lead to 9.4p w ……..
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View Previous Scancell & Big Picture ***