#Gold #Nasdaq Miracles happen, though rarely for Aston Martin. Instead, after becoming bored with creating cider, it seemed sensible to try something different as we’ve got all the right gear. Purchasing sufficient concentrate of Chiraz grape juice has produced a 21 ltr drum of the product which claims it has stopped fermenting. Last night, a technical tool confirmed the wine was ready to enter the final straight of production, just needing some clever chemicals to remove cloudiness.
By 2am, a perfectly clear test-tube of product deserved a sip and it was perfect, tasting like that rare bottle of wine you try out of the blue and discover it’s perfect. During Thursday, I shall be creating 30 bottles of this stuff, bunging it in the outside shed for a few months while it considers whether to remain seriously impressive. It would be easy to boast at the lack of difficulty in making a red wine but, to be fair, it’s probably best to give it a few months.
We’re starting to wonder if AML should abandon their car ambitions as The Times started Wednesday by reporting Aston were losing £1m per day as the company missed all targets for the most recent quarter earnings. Another publication reported gleefully Aston Martin has slashed their pre-tax loss by 90% and their revenue had increased by 8% carrying an implicit degree of optimism for the car company, the share price somehow ending up 5% on Wednesday…
The situation now is fairly dangerous, due to share price closure below 100p entering a zone where perhaps 93p may produce a bounce but from a Big Picture viewpoint, Aston Martin shall find itself driving at speed to a share price value of precisely zero. Which is rarely a good sign!
If some happiness is coming, it appears above 115 could easily provoke acceleration to an initial 124p with our secondary, if bettered, at a longer term 141p. Closure above 141 should prove to be game changing, signalling a core change in the way Aston is being regarded.
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
10:42:00PM | BRENT | 7259.2 | |||||||||
10:47:25PM | GOLD | 2786.96 | 2771 | 2763 | 2754 | 2782 | 2791 | 2802 | 2807 | 2770 | ‘cess |
10:52:48PM | FTSE | 8152.5 | ‘cess | ||||||||
10:55:39PM | STOX50 | 4870.7 | |||||||||
11:01:45PM | GERMANY | 19217.9 | Success | ||||||||
11:05:24PM | US500 | 5799.7 | |||||||||
11:08:23PM | DOW | 42156 | |||||||||
11:11:44PM | NASDAQ | 20298 | 20292 | 20202 | 20053 | 20420 | 20488 | 20553 | 20640 | 20376 | Shambles |
11:13:51PM | JAPAN | 39197 | ‘cess |
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%
28/10/2024 FTSE Closed at 8285 points. Change of 1.68%. Total value traded through LSE was: £ 4,639,447,546 a change of -2.07%
25/10/2024 FTSE Closed at 8148 points. Change of -1.46%. Total value traded through LSE was: £ 4,737,422,038 a change of -5.81%
24/10/2024 FTSE Closed at 8269 points. Change of 0.13%. Total value traded through LSE was: £ 5,029,789,282 a change of 1.28%
23/10/2024 FTSE Closed at 8258 points. Change of -0.58%. Total value traded through LSE was: £ 4,966,414,850 a change of 16.11%
22/10/2024 FTSE Closed at 8306 points. Change of -0.14%. Total value traded through LSE was: £ 4,277,437,819 a change of 11.53%
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:BP. BP PLC** **LSE:DGE Diageo** **LSE:IQE IQE** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **
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Updated charts published on : BP PLC, Diageo, IQE, Spirax, Standard Chartered,
LSE:BP. BP PLC Close Mid-Price: 374.05 Percentage Change: -1.37% Day High: 380.5 Day Low: 371.1
Target met. In the event BP PLC experiences weakness below 371.1 it calcu ……..
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View Previous BP PLC & Big Picture ***
LSE:DGE Diageo Close Mid-Price: 2450 Percentage Change: -2.64% Day High: 2485 Day Low: 2445
If Diageo experiences continued weakness below 2445, it will invariably l ……..
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View Previous Diageo & Big Picture ***
LSE:IQE IQE. Close Mid-Price: 12.46 Percentage Change: + 7.23% Day High: 13.06 Day Low: 11.44
If IQE experiences continued weakness below 11.44, it will invariably lea ……..
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View Previous IQE & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 555.2 Percentage Change: + 0.11% Day High: 558.4 Day Low: 547.2
All Rolls Royce needs are mid-price trades ABOVE 572.6 to improve accelera ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SPX Spirax Close Mid-Price: 6535 Percentage Change: -2.54% Day High: 6715 Day Low: 6565
In the event Spirax experiences weakness below 6565 it calculates with a ……..
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View Previous Spirax & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 912.6 Percentage Change: + 4.13% Day High: 914.4 Day Low: 894.4
Target met. Further movement against Standard Chartered ABOVE 914.4 shoul ……..
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View Previous Standard Chartered & Big Picture ***