McBride Plc (LSE:MCB) looking quite positive. Which is nice.

#Gold #SP500  Successful manufacturer of “Own Brand” products for supermarkets, McBride actually came to mind during our venture to a “Red Wine In The Sun” Garden party. Distributing wide brimmed hats to other guests, it was quickly noted many of them featured model Dragonfly’s as shown below. When a guest witnessed a Bumble Bee promptly change course, it was confirmation the insect world choose to avoid predatory dragonfly’s as their life literally depends on it. This personal foible came about, due to severe personal adverse reactions to horsefly bites and the discovery there’s no repellent made for horsefly’s. A dragonfly mounted on a hat both confirms any suspicion the wearer may be a bit of a nutter, along with successfully deterring many stinging and biting creatures from approaching. The dragonfly thing is a little known Chinese solution to this problem.

To be honest, a personal preference would be to use a chemical spray to deter nasty insects but, despite McBride Plc’s comprehensive range of products, they don’t do any miracle repellents. But their fly sprays are excellent, justifying any belief supermarket “own brand” products are as good as conventional brand name items! But no-one makes horsefly (called Clegs in Scotland) repellent.

Pictured below, my favourite all weather hat against the backdrop of McBride’s website homepage. As a brief anecdote, it’s often said the only people who can wear hats are either musicians or live in the countryside. Visiting Glasgow on Saturday, the default was to be welcomed as a tourist, suggesting my transit from being a city dweller to country bumkin has been a success. Better still, every time I spoke, there was the vague hope any assumptions would change, folk thinking I was a real musician…

 

McBrides reached and exceeded our prior target levels from a year ago. For a while, we suspected things may be about to go horribly wrong, despite the price moving from the 75p level to our absurd sounding 150p. We don’t often promote “double your money” scenario and for a while, it felt like the 150p level shall be a big deal.  Some hesitation has certainly established itself, not a surprise with such a strong target. The share price reversed to the trend break level of 132p, even closing slightly below it at 130p. We’re not convinced this will prove to be a real catastrophe, the market double bottoming the share price as if underlining “this was an error”. In summary, since achieving our 150p level, the price has been all over the place but we’re inclined toward future optimism.

Now above 160p should prove important, calculating as capable of pushing movement to an initial 176p with our secondary, if beaten, coming in at 191p. In fact, overall it feels like a distant 250p could be exerting an influence. We’re fairly confident about our 191p target but less so about a future 250p, an ambition which would match the share price high of 2010…

In summary, we suspect this shall prove worth watching again but this time, we’ve no hope of the price once again doubling.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:30:44PM BRENT 6510.6 ‘cess
10:39:08PM GOLD 3226.9 3205 3193 3174 3232 3249 3288 3333 3232
10:42:19PM FTSE 8731.5 Shambles
10:44:37PM STOX50 5445.7
11:09:37PM GERMANY 24037.2 ‘cess
11:11:58PM US500 5963 5928 5915 5897 5952 5969 5997 6038 5944
11:16:12PM DOW 42825.8 ‘cess
11:19:18PM NASDAQ 21440.3 Shambles
11:21:54PM JAPAN 37581

 

19/05/2025 FTSE Closed at 8699 points. Change of 0.17%. Total value traded through LSE was: £ 6,688,091,786 a change of -2.89%
16/05/2025 FTSE Closed at 8684 points. Change of 0.59%. Total value traded through LSE was: £ 6,886,977,578 a change of 4.8%
15/05/2025 FTSE Closed at 8633 points. Change of 0.56%. Total value traded through LSE was: £ 6,571,274,924 a change of 9.38%
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%

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:BARC Barclays** **LSE:IAG British Airways** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **

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Updated charts published on : Barclays, British Airways, Lloyds Grp., Natwest,


LSE:BARC Barclays. Close Mid-Price: 325.7 Percentage Change: + 0.06% Day High: 327 Day Low: 321.55

Further movement against Barclays ABOVE 327 should improve acceleration t ……..

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LSE:IAG British Airways. Close Mid-Price: 331.6 Percentage Change: + 2.63% Day High: 330.9 Day Low: 320.3

In the event of British Airways enjoying further trades beyond 330.9, th ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 75.84 Percentage Change: + 1.12% Day High: 75.78 Day Low: 74.54

Further movement against Lloyds Grp. ABOVE 75.78 should improve accelerat ……..

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LSE:NWG Natwest. Close Mid-Price: 509.6 Percentage Change: + 0.75% Day High: 510.6 Day Low: 503

Continued trades against NWG with a mid-price ABOVE 510.6 should improve ……..

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

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