Firstgroup Plc (LSE:FGP) and Sheryl Crow

#FTSE #STOXX It was hard to avoid publishing this zoomed snapshot from the office. One of the two garden crows, Sheryl, was patrolling the soggy lawn and grass cuttings. This bird is smaller than her partner – Russell – and has always been distinguished by white flecks on one side. However, seeing the bird face on gave the distinct visual impression the bird was wearing a white bra or bikini top as her white feathers are present on both sides! Our varied garden wildlife continues its tradition of being weird. As is Firstgroup…

 

We reviewed Firstgroup back in March, giving a long term target price level of 239p. In recent days, it has achieved 238p and stalled, carefully avoiding threading its way above 239p and we suspect this may prove quite critical. One of our favourite signals is triggered, when a share price exceeds one of our target levels on the first lunge but in this instance, the path from 183p to our 239p hasn’t exactly been a success as the market appears to have designated 238p as a ceiling. While this could be a data calibration error on our part, we’re not entirely convinced.

The immediate situation now looks like movements above 238p should provoke a visit to 241.5p, not the most profitable leap in a share price. But in the event FirstGroup price manages above 241.5p, things become more interesting as movement to an initial 282p looks possible with our longer term secondary, if bettered, a very useful 413p, a price level not seen since 2010…  To cut to the chase, we now regard it as the case this share price must close above 241.5p to signal a sea change in the share price potentials. Here’s hoping as Firstgroup has been visually parked for the last ten years.

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:47:56PM BRENT 6967 ‘cess
9:50:14PM GOLD 3300.05 ‘cess
9:53:03PM FTSE 8862.7 8805 8778 8746 8828 8876 8892 8911 8842 ‘cess
11:09:26PM STOX50 5382.7 5332 5313 5287 5357 5388 5406 5432 5340
11:12:11PM GERMANY 24247 Success
11:15:10PM US500 6228.2
11:20:59PM DOW 44243.5 Shambles
11:26:10PM NASDAQ 22713.9
11:29:01PM JAPAN 39943

 

8/07/2025 FTSE Closed at 8854 points. Change of 0.55%. Total value traded through LSE was: £ 5,070,905,643 a change of 38.98%
7/07/2025 FTSE Closed at 8806 points. Change of -0.18%. Total value traded through LSE was: £ 3,648,651,423 a change of 20.16%
4/07/2025 FTSE Closed at 8822 points. Change of -0.01%. Total value traded through LSE was: £ 3,036,552,845 a change of -37.43%
3/07/2025 FTSE Closed at 8823 points. Change of 0.56%. Total value traded through LSE was: £ 4,853,262,556 a change of -31.49%
2/07/2025 FTSE Closed at 8774 points. Change of -0.13%. Total value traded through LSE was: £ 7,084,402,553 a change of 23.76%
1/07/2025 FTSE Closed at 8785 points. Change of 0.29%. Total value traded through LSE was: £ 5,724,160,773 a change of 7.93%
30/06/2025 FTSE Closed at 8760 points. Change of -0.43%. Total value traded through LSE was: £ 5,303,542,637 a change of 7.14%

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:CPI Capita** **LSE:FRES Fresnillo** **LSE:IAG British Airways** **LSE:MKS Marks and Spencer** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **

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Updated charts published on : Capita, Fresnillo, British Airways, Marks and Spencer, Rockhopper, Scottish Mortgage Investment Trust, Serco, Standard Chartered,


LSE:CPI Capita. Close Mid-Price: 346 Percentage Change: + 0.73% Day High: 350 Day Low: 343.5

All Capita needs are mid-price trades ABOVE 350 to improve acceleration t ……..

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LSE:FRES Fresnillo Close Mid-Price: 1469 Percentage Change: -1.34% Day High: 1537 Day Low: 1458

Target met. All Fresnillo needs are mid-price trades ABOVE 1537 to improv ……..

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LSE:IAG British Airways. Close Mid-Price: 360.1 Percentage Change: + 1.49% Day High: 362.4 Day Low: 355.7

In the event of British Airways enjoying further trades beyond 362.4, th ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 335.9 Percentage Change: -0.97% Day High: 339.6 Day Low: 334

In the event Marks and Spencer experiences weakness below 334 it calculat ……..

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LSE:RKH Rockhopper. Close Mid-Price: 61.6 Percentage Change: + 4.05% Day High: 62.2 Day Low: 59.2

Target met. All Rockhopper needs are mid-price trades ABOVE 63p to improv ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1041 Percentage Change: + 0.92% Day High: 1044 Day Low: 1029

Target met. All Scottish Mortgage Investment Trust needs are mid-price tr ……..

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LSE:SRP Serco. Close Mid-Price: 210.6 Percentage Change: + 1.54% Day High: 210.4 Day Low: 207.4

Continued trades against SRP with a mid-price ABOVE 210.4 should improve ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1250 Percentage Change: + 2.50% Day High: 1250 Day Low: 1225.5

Target met. All Standard Chartered needs are mid-price trades ABOVE 1250 ……..

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

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