#BrentCrude #DOW The holiday Monday ensured we neatly skipped over the puddle which is our weekly look at one of the UK’s retail banks. This weeks victim, Lloyds, almost provoked us to skip comment, then we noticed their share price had achieved our critical 77p level, even stalling at such a level for the most recent 7 sessions which tends suggest we’ve been (thankfully) following the correct trend! Importantly, despite the stall, on repeated occasions the price has closed at 78p, enacting our favourite miracle of closing above a price target level.
To dwell on the grim news first, it’s now the case Lloyds Bank share price need close below 52p to justify outright panic, this being a movement which would utterly trash our optimistic predictions. Without joking, this number is now a really big deal and worth remembering, just in case everything goes UK shaped and the price drops.
However, share movements this year impart some optimism, a mood shared amongst the big three retail banks, almost regardless of the ignored detail the USA has effectively declared economic war on the rest of the world. Then again, perhaps this is the reason the banks are starting to flourish, working on the basis banks tend enjoy international chaos. Watching UK Sterling perform well against the dollar is certainly giving an inkling as to what is going on in the economic world, a weaker dollar making the entire country more attractive from many aspects aside from one important one. Does anyone actually like Americans?
From our immediate perspective, above 78.1p should prove useful for Lloyds, ideally triggering a small surge to an initial 84p with our longer term secondary, if beaten, at a close by 87p. The proximity of these target levels tends suggest a risk of market hesitation, a price level at which share prices will inevitably bounce around. But importantly, the price is now trading in a zone where a future 112p has become a major item of interest, a price level at which we certainly anticipate some hesitation.
Amusingly, such a price target effectively represents the high before the fateful set of circumstances when Lloyds decided to introduce chaos theory to their share price. Instead of the usual market ploy of controlling a price by a share split, in this instance shareholders were offered the “attractive” chance to buy into a rights offer, based on how many shares they held. The offer wasn’t particularly attractive with under 80% of investors falling for the PR spin, the rest being sceptical of what was coming. With the swing of a magic wand, something akin to a Jedi Light Saber, the share price was slashed to below 79p and the rest is history, many folk effectively trapped into holding a share which became trapped under the initial offer price.
Only now, 16 years later, can we dare express some hope for the future.
We already utterly abhorred share price adjustments due to consolidation/splits/rights offers as the results (in the UK) rarely benefit share holders and the damage inflicted by Lloyds didn’t justify any alteration to our sceptical outlook. It’s quite easy to conclude “Consolidation is Designed to Bring Confusion”. Strangely, in the USA, a more ethical stance is possible as when Nvidia, Apple, Tesla etc offer 10 brand new shares to replace your old single share, the result tends be quite positive in the medium to longer term.
For now, we’re weirdly hopeful for the future of the retail banks…
FUTURES
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
11:38:22PM | BRENT | 6421.6 | 6349 | 6147 | 6029 | 6405 | 6501 | 6526 | 6603 | 6436 | ‘cess |
11:39:12PM | GOLD | 3285.21 | ‘cess | ||||||||
11:03:36PM | FTSE | 8767.9 | Success | ||||||||
11:06:02PM | STOX50 | 5437.5 | |||||||||
11:09:35PM | GERMANY | 24332.4 | Success | ||||||||
11:13:21PM | US500 | 5975.2 | |||||||||
11:18:15PM | DOW | 42595.7 | 42040 | 41841 | 41574 | 42286 | 42648 | 42930 | 43518 | 42308 | ‘cess |
11:29:15PM | NASDAQ | 21677 | ‘cess | ||||||||
11:33:22PM | JAPAN | 38227 |
28/05/2025 FTSE Closed at 8726 points. Change of -0.59%. Total value traded through LSE was: £ 4,748,118,751 a change of -20.39%
27/05/2025 FTSE Closed at 8778 points. Change of 0.7%. Total value traded through LSE was: £ 5,964,362,693 a change of -17.68%
23/05/2025 FTSE Closed at 8717 points. Change of -0.25%. Total value traded through LSE was: £ 7,245,191,684 a change of 42.4%
22/05/2025 FTSE Closed at 8739 points. Change of -0.53%. Total value traded through LSE was: £ 5,088,072,082 a change of 2.41%
21/05/2025 FTSE Closed at 8786 points. Change of 0.06%. Total value traded through LSE was: £ 4,968,302,608 a change of -5.54%
20/05/2025 FTSE Closed at 8781 points. Change of 0.94%. Total value traded through LSE was: £ 5,259,543,985 a change of -21.36%
19/05/2025 FTSE Closed at 8699 points. Change of -100%. Total value traded through LSE was: £ 6,688,091,786 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:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:FRES Fresnillo** **LSE:GRG Greggs** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:TERN Tern Plc** **
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Updated charts published on : Aviva, BALFOUR BEATTY, Fresnillo, Greggs, British Airways, ITM Power, Rolls Royce, Serco, Tern Plc,
LSE:AV. Aviva Close Mid-Price: 610 Percentage Change: -1.61% Day High: 622.4 Day Low: 610
Further movement against Aviva ABOVE 622.4 should improve acceleration to ……..
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View Previous Aviva & Big Picture ***
LSE:BBY BALFOUR BEATTY Close Mid-Price: 503.5 Percentage Change: -0.59% Day High: 516.5 Day Low: 504.5
Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 1134 Percentage Change: + 1.07% Day High: 1136 Day Low: 1116
Continued trades against FRES with a mid-price ABOVE 1136 should improve ……..
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View Previous Fresnillo & Big Picture ***
LSE:GRG Greggs Close Mid-Price: 2044 Percentage Change: -3.49% Day High: 2104 Day Low: 2006
Greggs share price is performing as if it were awaiting some positive news ……..
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View Previous Greggs & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 333 Percentage Change: -0.39% Day High: 338.9 Day Low: 333.4
Further movement against British Airways ABOVE 338.9 should improve acce ……..
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View Previous British Airways & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 49.2 Percentage Change: + 0.20% Day High: 51.1 Day Low: 48.05
All ITM Power needs are mid-price trades ABOVE 51.1 to improve accelerati ……..
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View Previous ITM Power & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 857.8 Percentage Change: + 0.73% Day High: 870.4 Day Low: 855.6
All Rolls Royce needs are mid-price trades ABOVE 870.4 to improve acceler ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 187.3 Percentage Change: + 0.16% Day High: 189.4 Day Low: 186
Continued trades against SRP with a mid-price ABOVE 189.4 should improve ……..
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View Previous Serco & Big Picture ***
LSE:TERN Tern Plc. Close Mid-Price: 1.85 Percentage Change: + 5.71% Day High: 1.9 Day Low: 1.75
Further movement against Tern Plc ABOVE 1.9 should improve acceleration t ……..
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View Previous Tern Plc & Big Picture ***