GB Group Plc (LSE:GBG) starting to look good.

 #FTSE #DowJones Due to GB Group’s reason for existing, we’re inclined to view them with some horror thanks to “an improvement” from our banks service. To login to a personal account, there’s the first password which is associated with our name. Then, the bank takes us to a 2nd screen demanding we identify numbers and letters in various positions of our 12 character secret answer. And now, in a celebration of utter paranoia, it then sends a 6 digit passcode to our mobile phone. Of course, this led to being locked out of the account for 48 hours, due to the registered phone number being incorrect and changing it to the current mobile was going to take up to 48 hours to propagate through the banks system.

GB Group boast as being global specialists in digital identity, claiming to enable fast, simple and compliant customer ‘onboarding’. Whatever that means, but presumably it doesn’t have anything to do with waterboarding customers, despite the frustration many jobsworth security procedures generate.

 

The company share price, despite our distaste of security for security sake such as exercised by our heating oil supplier, if checking the current exorbitant price of oil, is looking like it may have some quite significant potentials for the future. [To find out these potentials, please register a new account and password details at www.WastedTime.co – joke]

Currently, above 370p should prove capable of lifting the price to an initial 389p with our secondary, if beaten, at 404p. The proximity of these target levels tends suggest some sort of plateau awaits, the price needing closure above 404p to enter a long term cycle to an eventual 457p.

Should things intend go wrong, the price needs sink below 303p to potentially trigger reversal to an initial 272 with our secondary, if broken, an eventual bottom around 249p.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:47:22PM FTSE 8108.6 8070 8055 8030 8104 8130 8148 8174 8097
10:50:25PM BRENT 7281
10:54:02PM GOLD 2650.08 ‘cess
10:48:35PM STOX50 4750.9 Success
10:51:21PM GERMANY 19095.2
10:56:24PM US500 5918.3 Success
11:04:16PM DOW 43443.7 43051 42997 42837 43255 43480 43597 43779 43343
11:07:54PM NASDAQ 20642.3 Success
11:10:17PM JAPAN 38134 Success

 

20/11/2024 FTSE Closed at 8085 points. Change of -0.17%. Total value traded through LSE was: £ 5,060,732,508 a change of -17.24%
19/11/2024 FTSE Closed at 8099 points. Change of -0.12%. Total value traded through LSE was: £ 6,114,723,554 a change of -10.83%
18/11/2024 FTSE Closed at 8109 points. Change of 0.57%. Total value traded through LSE was: £ 6,857,494,541 a change of 25.41%
16/11/2024 FTSE Closed at 8063 points. Change of -0.1%. Total value traded through LSE was: £ 5,468,037,498 a change of 6.49%
14/11/2024 FTSE Closed at 8071 points. Change of 0.51%. Total value traded through LSE was: £ 5,134,648,719 a change of -9.92%
13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%

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:AML Aston Martin** **LSE:BME B & M** **LSE:CCL Carnival** **LSE:IDS International Distribution** **LSE:ITM ITM Power** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:OPG OPG Power Ventures** **LSE:STAN Standard Chartered** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Aston Martin, B & M, Carnival, International Distribution, ITM Power, Just Eat, Ocado Plc, OPG Power Ventures, Standard Chartered, Taylor Wimpey,


LSE:AML Aston Martin Close Mid-Price: 101.4 Percentage Change: -4.70% Day High: 108.9 Day Low: 102

In the event Aston Martin experiences weakness below 102 it calculates wi ……..

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LSE:BME B & M Close Mid-Price: 330.1 Percentage Change: -4.60% Day High: 347.4 Day Low: 332.7

Target met. If B & M experiences continued weakness below 332.7, it will ……..

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LSE:CCL Carnival. Close Mid-Price: 1770.5 Percentage Change: + 0.20% Day High: 1804.5 Day Low: 1763.5

Target met. Continued trades against CCL with a mid-price ABOVE 1804.5 sh ……..

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LSE:IDS International Distribution. Close Mid-Price: 350 Percentage Change: + 0.81% Day High: 353 Day Low: 348.8

Further movement against International Distribution ABOVE 353 should impr ……..

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LSE:ITM ITM Power Close Mid-Price: 34.1 Percentage Change: -5.59% Day High: 36.26 Day Low: 33.72

If ITM Power experiences continued weakness below 33.72, it will invariab ……..

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LSE:JET Just Eat. Close Mid-Price: 1186 Percentage Change: + 0.34% Day High: 1222 Day Low: 1176

All Just Eat needs are mid-price trades ABOVE 1222 to improve acceleratio ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 304.7 Percentage Change: -3.73% Day High: 320 Day Low: 301

Continued weakness against OCDO taking the price below 301 calculates as ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 4.4 Percentage Change: -26.42% Day High: 6.1 Day Low: 4.15

Weakness on OPG Power Ventures below 4.15 will invariably lead to 3.7p wi ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 947 Percentage Change: + 0.00% Day High: 961.2 Day Low: 941.8

Continued trades against STAN with a mid-price ABOVE 961.2 should improve ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 127.1 Percentage Change: -2.23% Day High: 129.55 Day Low: 126.35

Continued weakness against TW. taking the price below 126.35 calculates a ……..

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

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