Aston Martin Lagonda (LSE:AML) in pole position?

#FTSE #Stoxx  Now the Formula 1 season is over, there’s perhaps a chance Aston Martin share price shall recover, the company reputation decline no longer being televised live every week or two. They’re a team which often appear set up for disaster, employing Alonso and his history as one driver and, one the other hand, employing Lance Stroll as the second driver, his place earned by the size of his fathers chequebook. Perhaps 2025 shall see a significant change in the team fortunes with the legendary Adrian Newey joining the gang, a bloke regarded as one of the greatest engineers in the history of the sport.

With his prior experience working at McLaren before Red Bull, perhaps he shall immediately point at Alonso and announce “there’s your problem!”.

Unfortunately, this is doubtful but his departure from Red Bull must surely effect the moral of the team, something which will be amusing to watch next year. However, if Mr Newey is able to wield his magic wand with Aston Martin, perhaps the company share price shall reflect success in the sport. It’s certainly the case an interesting year potentially awaits but personally, I suspect I shall be watching recorded highlights rather than live races, still being jaded due to F1 management manipulating race results.

 

It was certainly interesting to see Aston Martin share price experience a 4% rise from nowhere on 17th December, perhaps optimism due to the company not being shown to fail on television.

This being the case, we shall pay attention if their share price exceeds just 106.5p anytime soon as this should trigger price recovery to an initial 118.5 and probable hesitation, as the price donks against the Blue downtrend since 2023. Our secondary, if the share price manages to close above Blue works out at a future 131p, an indication the price may have finally started some proper recovery. We do suspect some hesitation around the 131 – 141 level, if only due to the share price being forced down at the end of September. It is probable next will will require share price closure above 121p to confirm a recovery cycle has commenced.

Should things intend go wrong, the price needs reverse below 100p as a visit to 83p has become possible with our secondary calculating at a visually ridiculous 50p.

 

Who knows, next year we will probably not be watching F1 but shall take some time to keep an eye on Aston Martin!

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:39:11PM BRENT 7315.9
11:45:31PM GOLD 2648.09 ‘cess
11:49:16PM FTSE 8193.3 8184 8160 8093 8226 8226 8234 8251 8192 ‘cess
11:51:26PM STOX50 4937 4933 4912 4884 4949 4968 4975 4992 4940 ‘cess
11:53:50PM GERMANY 20217.6 20240 Success
11:56:34PM US500 6046.8 6050 ‘cess
11:34:11PM DOW 43463 43489
11:38:17PM NASDAQ 21968.1 21877
11:40:46PM JAPAN 39169 39298 Success

 

17/12/2024 FTSE Closed at 8195 points. Change of -0.81%. Total value traded through LSE was: £ 6,670,012,289 a change of 49.11%
16/12/2024 FTSE Closed at 8262 points. Change of -0.46%. Total value traded through LSE was: £ 4,473,170,966 a change of 7.01%
13/12/2024 FTSE Closed at 8300 points. Change of -0.13%. Total value traded through LSE was: £ 4,180,122,576 a change of -10.3%
12/12/2024 FTSE Closed at 8311 points. Change of 0.12%. Total value traded through LSE was: £ 4,660,074,740 a change of -19.71%
11/12/2024 FTSE Closed at 8301 points. Change of 0.25%. Total value traded through LSE was: £ 5,804,184,495 a change of 29.66%
10/12/2024 FTSE Closed at 8280 points. Change of -0.86%. Total value traded through LSE was: £ 4,476,630,300 a change of -11.71%
9/12/2024 FTSE Closed at 8352 points. Change of 0.53%. Total value traded through LSE was: £ 5,070,546,042 a change of 9.1%

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:AV. Aviva** **LSE:CPI Capita** **LSE:GLEN Glencore Xstra** **LSE:NG. National Glib** **LSE:QED Quadrise** **

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Updated charts published on : Aviva, Capita, Glencore Xstra, National Glib, Quadrise,


LSE:AV. Aviva Close Mid-Price: 467.6 Percentage Change: -0.51% Day High: 469.1 Day Low: 464.5

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LSE:CPI Capita Close Mid-Price: 14.88 Percentage Change: -14.68% Day High: 17.5 Day Low: 14.5

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LSE:GLEN Glencore Xstra Close Mid-Price: 362.7 Percentage Change: -1.37% Day High: 365.35 Day Low: 360.4

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LSE:NG. National Glib. Close Mid-Price: 936.6 Percentage Change: + 0.09% Day High: 941.4 Day Low: 925.4

Target met. In the event National Glib experiences weakness below 925.4 i ……..

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LSE:QED Quadrise. Close Mid-Price: 5.85 Percentage Change: + 25.81% Day High: 6 Day Low: 4.8

Target met. All Quadrise needs are mid-price trades ABOVE 6 to improve ac ……..

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

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