Wickes Group Plc (LSE:WIX) and the John Wicks effect…

#FTSE #Nasdaq Rather than do anything crude, such as trying to weave the simultaneously addictive and ridiculous John Wicks movie franchise into a report on Wickes DIY group, we decided a group of bullet holes on a chart would suffice!  But Wickes Group share price has exceeded our expectations from our previous analysis 6 months ago, giving some considerable potentials for the future. Perhaps the market shall also realise the spell of good weather has enabled gullible and ambitious DIY projects, all of which will feel like they are going on forever.

 

Wickes Group share price is slightly fascinating. When we previously reviewed them, we’d commented on the potential of movement to just above the 200p level. It transpires the number we were talking about was just 203p, the share value being gapped and accelerated above this level just at the start of this week. This has created an interesting potential from a Big Picture viewpoint.

It is now the case where price growth above 218p calculates as capable of recovery to an initial 236p with our secondary, if bettered, at 248p. Overall, it feels like closure above 236p shall emplace the share in a zone where a long term ambition at 292p works out as possible.

Something fairly strange has certainly happened, optimism suggesting a return to the highs of 2021. However, if everything intends go horribly wrong, below 181p will suggest real panic, almost like buying something with a “Black & Decker” brand name from B&Q, products which rarely last the length of a project.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:04:27PM BRENT 6561
11:07:23PM GOLD 3181.9 Success
11:10:09PM FTSE 8552.2 8552 8515 8476 8580 8618 8636 8664 8588
11:13:28PM STOX50 5388.7
11:37:29PM GERMANY 23446.2
11:42:29PM US500 5873.8
11:46:19PM DOW 41840.2 ‘cess
11:49:55PM NASDAQ 21284 21155 21080 20994 21234 21339 21513 21678 21115 ‘cess
11:53:30PM JAPAN 37692 37573 37111 36563 37805 38470 38820 39192 38146

 

14/05/2025 FTSE Closed at 8585 points. Change of -0.2%. Total value traded through LSE was: £ 6,007,730,039 a change of 12.14%
13/05/2025 FTSE Closed at 8602 points. Change of -0.02%. Total value traded through LSE was: £ 5,357,315,867 a change of -14.15%
12/05/2025 FTSE Closed at 8604 points. Change of 0.58%. Total value traded through LSE was: £ 6,240,262,967 a change of 23.36%
9/05/2025 FTSE Closed at 8554 points. Change of 0.27%. Total value traded through LSE was: £ 5,058,383,075 a change of -23.7%
8/05/2025 FTSE Closed at 8531 points. Change of -0.33%. Total value traded through LSE was: £ 6,629,623,125 a change of 7.19%
7/05/2025 FTSE Closed at 8559 points. Change of -0.44%. Total value traded through LSE was: £ 6,184,880,879 a change of -26.44%
6/05/2025 FTSE Closed at 8597 points. Change of -100%. Total value traded through LSE was: £ 8,408,484,363 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:CCL Carnival** **LSE:DLG Direct Line Group** **LSE:IAG British Airways** **LSE:LLOY Lloyds Grp.** **

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Updated charts published on : Anglo American, Carnival, Direct Line Group, British Airways, Lloyds Grp.,


LSE:AAL Anglo American Close Mid-Price: 2200.5 Percentage Change: -1.65% Day High: 2247.5 Day Low: 2185

All Anglo American needs are mid-price trades ABOVE 2247.5 to improve acc ……..

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View Previous Anglo American & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1575.5 Percentage Change: + 2.84% Day High: 1579 Day Low: 1528

Target met. All Carnival needs are mid-price trades ABOVE 1579 to improve ……..

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View Previous Carnival & Big Picture ***


LSE:DLG Direct Line Group Close Mid-Price: 287.4 Percentage Change: -0.55% Day High: 291.8 Day Low: 285

Thanks to the person who nominated this addition. Direct Line appear to be ……..

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LSE:IAG British Airways Close Mid-Price: 316.3 Percentage Change: -1.98% Day High: 325.8 Day Low: 314

Continued trades against IAG with a mid-price ABOVE 325.8 should improve ……..

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View Previous British Airways & Big Picture ***


LSE:LLOY Lloyds Grp.. Close Mid-Price: 74.94 Percentage Change: + 2.10% Day High: 74.8 Day Low: 73.52

All Lloyds Grp. needs are mid-price trades ABOVE 74.8 to improve accelera ……..

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View Previous Lloyds Grp. & Big Picture ***


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

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