#FTSE #NK225 Being of the generation for whom food for working late involved a Pot Noodle and a kettle, it was to take a significant change of mindset to consider ordering pizza during late evenings while we struggled to issue a software update for a client. Of course, the arrival of food also brought the game Grand Theft Auto onto our screens as we battled over the company network. Getting deliveries from Pizza Hut was about as exotic as we got, the lunchtime alternative being phoning in an order to a Chinese, then one of us would go pay and fetch it, often returning with a bottle of Mateus Rose wine too!
A recent amusing side effect of those old eating habits came from a recent attempt to make Chinese chicken noodle soup. A firm believer that recipes are not needed when making soups, something quite palatable was produced, it being impossible to just have a single bowl. While on her second bowl, my daughter pointed out I’d made Pot Noodle soup, a throwback to the days when “fine dining in the office” involved the green pot noodle containers…
Needless to say, once we moved to Argyll in Scotland, the concept of food delivery was absent, though a positive side effect of the Covid years has been virtually every food outlet “locally” now offers delivery services . We’ve got to put the word locally in parenthesis, our idea of local tending to differ massively from folk used to living in the proximity of a city. For instance, the “local” dog groomer is located 15 miles away and needs booked. And when our “local” Morrisons store sends out a delivery, it’s a 16 mile round trip.
Many folk will remember the Deliveroo IPO on the stock exchange, an event which was a bit of a disaster. By the end of 2021, the writing was on the wall with the share price enacting a tragic death plunge thereafter. It’s now tickled the first vague promise proper recovery may commence.
Closing the session of 23rd April at 136p, something quite significant took place. When we map the rate of descent, the trend line was at 135.954p and by 46 thousands of a penny, it had closed a session above the trend. While it is easy to mock this sort of thing, experience teaches the market rarely makes mistakes when in proximity of a trend. Unless, of course, the sods decide to gap the share down below the trend, anytime soon.
The current situation suggests movement next above 137p should trigger the potential of movement to an initial 142p with our secondary, if bettered, at 158p and probable hesitation. We shall view future closure ABOVE 158p as significant, entering a big picture phase with a long distance attraction from 235p.
If things intend go wrong, below Red at 116p risks promoting real trouble, the first step of a reversal cycle to an eventual 80p.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:31:41PM | BRENT | 6519 | |||||||||
| 9:33:38PM | GOLD | 3288.23 | Success | ||||||||
| 9:35:23PM | FTSE | 8418.8 | 8270 | 8182 | 8087 | 8380 | 8468 | 8487 | 8804 | 8377 | |
| 10:02:23PM | STOX50 | 5098.8 | ‘cess | ||||||||
| 10:32:04PM | GERMANY | 21954 | Success | ||||||||
| 10:34:24PM | US500 | 5383 | ‘cess | ||||||||
| 10:54:57PM | DOW | 39605 | ‘cess | ||||||||
| 10:56:58PM | NASDAQ | 18734 | ‘cess | ||||||||
| 10:59:46PM | JAPAN | 35393 | 34681 | 34395 | 34038 | 34974 | 35489 | 35837 | 36223 | 35204 |
23/04/2025 FTSE Closed at 8403 points. Change of 0.9%. Total value traded through LSE was: £ 7,934,111,998 a change of 10.99%
22/04/2025 FTSE Closed at 8328 points. Change of 0.64%. Total value traded through LSE was: £ 7,148,209,130 a change of 44.7%
17/04/2025 FTSE Closed at 8275 points. Change of 0%. Total value traded through LSE was: £ 4,939,870,003 a change of -16.08%
16/04/2025 FTSE Closed at 8275 points. Change of 0.32%. Total value traded through LSE was: £ 5,886,488,566 a change of -4.07%
15/04/2025 FTSE Closed at 8249 points. Change of 1.41%. Total value traded through LSE was: £ 6,136,208,877 a change of 24.24%
14/04/2025 FTSE Closed at 8134 points. Change of -100%. Total value traded through LSE was: £ 4,939,029,707 a change of 0%
11/04/2025 FTSE Closed at 7964 points. Change of 0%. Total value traded through LSE was: £ 7,453,071,639 a change of 0% 
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:AAL Anglo American** **LSE:AVCT Avacta** **LSE:BME B & M** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:NG. National Glib** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **
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Updated charts published on : Anglo American, Avacta, B & M, IQE, ITV, National Glib, Standard Chartered, Star Energy,
LSE:AAL Anglo American. Close Mid-Price: 2099 Percentage Change: + 3.20% Day High: 2190 Day Low: 2080.5
Continued trades against AAL with a mid-price ABOVE 2190 should improve t ……..
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View Previous Anglo American & Big Picture ***
LSE:AVCT Avacta Close Mid-Price: 33 Percentage Change: -4.35% Day High: 34 Day Low: 31
If Avacta experiences continued weakness below 31, it will invariably lea ……..
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View Previous Avacta & Big Picture ***
LSE:BME B & M. Close Mid-Price: 331.8 Percentage Change: + 1.75% Day High: 335.8 Day Low: 328.8
Further movement against B & M ABOVE 335.8 should improve acceleration to ……..
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View Previous B & M & Big Picture ***
LSE:IQE IQE Close Mid-Price: 8.92 Percentage Change: -3.36% Day High: 9.64 Day Low: 8.98
Continued weakness against IQE taking the price below 8.98 calculates as ……..
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View Previous IQE & Big Picture ***
LSE:ITV ITV. Close Mid-Price: 79.9 Percentage Change: + 1.40% Day High: 79.9 Day Low: 77.5
Continued trades against ITV with a mid-price ABOVE 79.9 should improve t ……..
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View Previous ITV & Big Picture ***
LSE:NG. National Glib Close Mid-Price: 1068 Percentage Change: -2.29% Day High: 1103 Day Low: 1057
Further movement against National Glib ABOVE 1103 should improve accelera ……..
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View Previous National Glib & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1087.5 Percentage Change: + 6.36% Day High: 1102 Day Low: 1055.5
All Standard Chartered needs are mid-price trades ABOVE 1102 to improve a ……..
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View Previous Standard Chartered & Big Picture ***
LSE:STAR Star Energy. Close Mid-Price: 6.99 Percentage Change: + 9.73% Day High: 7.32 Day Low: 6.54
Further movement against Star Energy ABOVE 7.32 should improve accelerati ……..
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View Previous Star Energy & Big Picture ***