#Gold #Nasdaq Traditionally when discussing airlines, we focus on a particular horror story provided by many airlines. We’ve never told our Ryanair story but will admit we’d walk rather than give money to that airline. EasyJet has only provided a single serious fright, when we found ourselves skidding down Bristol Airports runway while aboard a landing 737. The words of the pilot commanding “Brace Brace Brace” felt like they’d be the last words we’d hear. When the thing stopped, passengers were bussed to the terminal building while professionals wandered around the jet, looking closely at the undercarriage.
It was all very exciting, many passengers embarrassed to discover they were holding hands with a total stranger.
The Travel and Leisure sector of the UK market is now looking interesting, the sector literally on the cusp of providing some reasonable gains. Presently bouncing around the 7943 point level, the sector only needs close a session above 7972 to suggest happier times may be ahead as a cycle toward 8822 points should commence. Our longer term secondary calculates at 9167 points, a price level at which some hesitation is anticipated but with closure above such a level, the travel sector should intend challenging the high above 10000 points, prior to Covid-19 trashing the sector from 2020 onwards. It remains a surprise the boss of RyanAir hasn’t yet figured out a way of flying illegal immigrants into Dublin to create a new income stream for the airline…
For EasyJet, their share price has been moving slightly ahead of the Travel Sector index and the pause in share price movements over the last 7 sessions tends provide quite a lot of hope for forthcoming positive movement. Currently, above 528p should trigger movements to an initial 540 with our secondary, if bettered, at 687p. The visuals on the chart below indicate quite a strong potential for future hesitation at the 687p level, given historical share price movements since 2022. In our experience, only once the share price closes above such a level dare we accept future strong movement should occur.
Our converse scenario triggers with share price movement below 473, allowing for reversals to an initial 446 with our secondary, if broken, at 411p and a potential bottom. However, overall we’re inclined toward optimism here.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:03:57PM | BRENT | 7302.2 | Success | ||||||||
| 11:24:11PM | GOLD | 2656.72 | 2650 | 2641 | 2631 | 2661 | 2668 | 2671 | 2678 | 2654 | |
| 11:33:11PM | FTSE | 8264.1 | |||||||||
| 11:26:33PM | STOX50 | 4913.6 | |||||||||
| 11:29:35PM | GERMANY | 18927 | |||||||||
| 11:33:56PM | US500 | 5726 | |||||||||
| 11:39:58PM | DOW | 41898.5 | Shambles | ||||||||
| 11:43:46PM | NASDAQ | 20026.3 | 19842 | 19747 | 19646 | 19953 | 20047 | 20081 | 20196 | 19982 | |
| 11:46:20PM | JAPAN | 38381 | 37838 | 37633 | 37379 | 38228 | 38403 | 38531 | 38808 | 38188 | Success |
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%
17/09/2024 FTSE Closed at 8309 points. Change of 0.37%. Total value traded through LSE was: £ 5,628,109,018 a change of 50.11% 
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:BT.A British Telecom** **LSE:HIK Hikma** **LSE:ITRK Intertek** **
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Updated charts published on : Avacta, British Telecom, Hikma, Intertek,
LSE:AVCT Avacta Close Mid-Price: 50.5 Percentage Change: -6.48% Day High: 53.5 Day Low: 49.5
Target met. Continued weakness against AVCT taking the price below 49.5 c ……..
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View Previous Avacta & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 150.4 Percentage Change: + 0.57% Day High: 151.95 Day Low: 148.65
Further movement against British Telecom ABOVE 151.95 should improve acce ……..
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View Previous British Telecom & Big Picture ***
LSE:HIK Hikma. Close Mid-Price: 1867 Percentage Change: + 0.32% Day High: 1880 Day Low: 1840
In the event Hikma experiences weakness below 1840 it calculates with a d ……..
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View Previous Hikma & Big Picture ***
LSE:ITRK Intertek. Close Mid-Price: 5140 Percentage Change: + 0.19% Day High: 5175 Day Low: 5100
Target met. In the event of Intertek enjoying further trades beyond 5175, ……..
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View Previous Intertek & Big Picture ***