JD Sports (LSE:JD.) worth a punt?

#Stoxx #Dax  When we reviewed JD Sports last June, we issued the kiss of death to the share price, giving a final paragraph as shown below. It was a throwaway sentence “just” to cover ourselves as our article had been quite positive, pointing at a potential scenario toward 232p! Needless to say, the criteria for price growth triggered, matched our initial target level of 161p, then the price fell off a cliff, eventually triggering our drop scenario.

It was, be any standards, messier than a fat blokes t-shirt, after spending an hour in a gym regretting his diet choices…

 

It’s now the case where JD share price has actually broken below our 82p drop target, a price level which looked smugly accurate back in January of this year. We’re now pondering whether the recent tumble to the 71p level shall prove capable of creating a realistic bottom, a price level capable of generating a bounce. Visually, we’d hope so but there is now a very real risk of below 71p promoting another drift down to an initial 64p with secondary, if broken, at 58p and hopefully an end to this drop madness. We now have a serious issue at the 58p level, due to us being currently unable to calculate sensible targets further down without prefacing our results with minus signs. The circled gap in price movements tends throw a massive spanner in the works, when mapping price reversals.

On the basis some optimism can be generated, if we use a positive final paragraph, it seems above just 83p should prove capable of triggering a surge to an initial 95p with our secondary, if bettered, at an eventual 104p and visually, some hesitation. We shall certainly be interested if the market starts to Gap the share price upward for any reason as we’ve an expectation this shall provoke a cycle of gains. If it happens?

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:35PM BRENT 7254.9
9:30:26PM GOLD 3019.4
9:45:49PM FTSE 8675.5
11:00:40PM STOX50 5477.1 5396 5387 5350 5406 5499 5507 5544 5472 Shambles
11:17:51PM GERMANY 23138 22838 22704 22543 23020 23183 23210 23374 23077 ‘cess
11:22:48PM US500 5781.9
11:29:08PM DOW 42602
11:32:25PM NASDAQ 20316.5
11:35:00PM JAPAN 38066

 

25/03/2025 FTSE Closed at 8663 points. Change of 0.29%. Total value traded through LSE was: £ 8,516,934,652 a change of 81.47%
24/03/2025 FTSE Closed at 8638 points. Change of -0.09%. Total value traded through LSE was: £ 4,693,303,680 a change of -72.9%
21/03/2025 FTSE Closed at 8646 points. Change of -0.64%. Total value traded through LSE was: £ 17,319,068,122 a change of 126.14%
20/03/2025 FTSE Closed at 8702 points. Change of -0.05%. Total value traded through LSE was: £ 7,658,434,671 a change of 23.47%
19/03/2025 FTSE Closed at 8706 points. Change of 0.01%. Total value traded through LSE was: £ 6,202,916,969 a change of 4.34%
18/03/2025 FTSE Closed at 8705 points. Change of 0.29%. Total value traded through LSE was: £ 5,945,136,476 a change of 0.41%
17/03/2025 FTSE Closed at 8680 points. Change of 0.56%. Total value traded through LSE was: £ 5,920,651,803 a change of 10.88%

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:AFC AFC Energy** **LSE:BBY BALFOUR BEATTY** **LSE:BT.A British Telecom** **LSE:DGE Diageo** **LSE:GKP Gulf Keystone** **LSE:TLW Tullow** **

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Updated charts published on : AFC Energy, BALFOUR BEATTY, British Telecom, Diageo, Gulf Keystone,


LSE:AFC AFC Energy Close Mid-Price: 5.6 Percentage Change: -13.85% Day High: 6.5 Day Low: 5

Target met. Continued weakness against AFC taking the price below 5 calcu ……..

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View Previous AFC Energy & Big Picture ***


LSE:BBY BALFOUR BEATTY. Close Mid-Price: 456 Percentage Change: + 0.75% Day High: 461.2 Day Low: 452

Continued trades against BBY with a mid-price ABOVE 476 to improve accele ……..

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View Previous BALFOUR BEATTY & Big Picture ***


LSE:BT.A British Telecom Close Mid-Price: 163.35 Percentage Change: -0.43% Day High: 165.5 Day Low: 162.5

All British Telecom needs are mid-price trades ABOVE 165.5 to improve acc ……..

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View Previous British Telecom & Big Picture ***


LSE:DGE Diageo Close Mid-Price: 2026 Percentage Change: -1.24% Day High: 2065.5 Day Low: 2028

In the event Diageo experiences weakness below 2028 it calculates with a ……..

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View Previous Diageo & Big Picture ***


LSE:GKP Gulf Keystone. Close Mid-Price: 205.4 Percentage Change: + 1.28% Day High: 209.8 Day Low: 204.4

Continued trades against GKP with a mid-price ABOVE 209.8 should improve ……..

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View Previous Gulf Keystone & Big Picture ***


LSE:TLW Tullow. Close Mid-Price: 15.07 Percentage Change: + 7.64% Day High: 15.1 Day Low: 13.26

Further movement against Tullow ABOVE 15.47 should improve acceleration t ……..

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View Previous Tullow & Big Picture ***


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

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