Everyone probably experience some regrets in life, whether it was Michelle Pfeiffer & Grease 2, George Clooney in Batman and Robin, or Kier Starmer on entering politics, but when it comes to Telecom Plus, we’ve got an utter stonker. When we review what TEP.L actually do, it reminds of a straightforward (very profitable) software project we were tasked with in the early 21st century. Basically, we had to design a system which accepted billing data from a fairly small series of sources, a bunch of 11 companies. This data would be merged with similar inputs from the other 10 companies, giving an outgoing batch of bills which collated the charges from the various data sources.
It was, from a software design perspective, a pretty simple process but fun, given the corporate data sources were imported from a ridiculous range of data types. Our client was anxious to present a “no problem” attitude to folk they were selling their system to. Regardless of whether the inbound data was coming from text files, comma separated value types, the usual overambitious Microsoft Access database’s or wherever, our software was designed to cut and dice inbound files, merging everything to create a single outbound file which essentially gave ‘Joe Blogs Newsagents’ a bill which collated virtually everything they’d bought from multiple sources the previous month.
The system became quite a big deal, especially as the original framework expected one staff member to cover 16 outlets. With our software, one single staff member (Hazel) was handling over 2,000 retail outlets initially, a considerable saving on projected costs. Eventually, Hazel has over 3,000 retail outlets under her belt, around which time we signed off the project, moving on to something more interesting. Which brings us to Telecom Plus, a company with absolutely nothing to do with our software or the concept – a story for another day, our neighbour the recipient of a throwaway chat one drunken Sunday afternoon during the Monaco GP. Now a resident in Monte Carlp, owning various properties around the Rascasse in Monaco, a scene familiar to F1 fans, he took our simple software design and moved it into the worldwide corporate market, dealing with Credit Card bills!. This story is fairly amusing, dealing with an inherent inability to spot glaring business opportunities. At some point, we would love to write about MS Outlook but cannot, due to it being a UK design from the mid 1980’s. This was before email was invented but we had to sign something… On the bright side, a photo of Mrs Thatcher shaking my hand will always be treasured, a case of “you had to be there” though I suspect my wife throws darts at it.
After exposing how rubbish we were/are at business opportunities, it’s easier to shrug and move onto the next thing. For us, our software mapping the markets has proven a reliable challenge, right up there with guessing where a 24 year old cat will pee next as it bounces around a dementia filled house. Kidding aside, the unwanted gift from a deceased mother-in-law remains functioning as an animal, despite her weak bladder and hatred of so called “puppy mats” along with a preference for a spread out newspaper. I suspect 2026 shall bring the final visit to the vet which is odd, because I dislike cats. But this thing has earned its right to life, along with living for rather a long time, despite dementia. To be honest, it remains funny watching the cat ignoring a table and banging into it, then getting angry at the table before turning around and doing what she actually intended. A geriatric cat is ridiculous!
And there we have it, a perfect link between Michelle Pfeiffer (catwoman) and Tiger, our 24 year old mad cat, while taking a pitstop in the area where we avoided PLC status but enjoy Scottish foul weather. As adulthood enters the picture, we’re starting to really understand why the Romans failed to invade Scotland, their stupid little walls failing to keep the horrid climate at bay. It#s funny, the number of immigrants from England who turn into rabid Scottish independence folk, not understanding independence shall bring a reasonable climate. Though it will doubtless ensure the hell of winter time clock change will be immediately ditched.
As for LSE:TEP, we’re just a little anxious over their recent share price movements, movements since the start of December indicating the potential of reversals to an initial 1,342 and a potential and hopeful bounce. There’s a quite dreadful implication, if the share price closes below 1,342 as reversals to an eventual 1,087 becomes very possible. In summary, whatever is going on with Telecom Plus share price is a bit of a mess.
If things intend to head toward the sunny side of life, the share price needs an excuse to close a session above 1,616p. Such a miracle allows recovery to an initial 1,784p with our secondary for the longer term, if bettered, calculating at 2,006p. For now, we fear the share price intends head toward 1,087p.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:00:21PM | BRENT | 6276 | 6230 | 6194 | 6147 | 6282 | 6335 | 6374 | 6428 | 6252 | |
| 11:08:18PM | GOLD | 4202.29 | 4193 | 4181 | 4161 | 4212 | 4241 | 4254 | 4284 | 4202 | |
| 11:10:46PM | FTSE | 9702.4 | 9674 | 9668 | 9642 | 9694 | 9712 | 9719 | 9734 | 9696 | |
| 11:13:09PM | STOX50 | 9713.5 | 5674 | 5652 | 5628 | 5702 | 5726 | 5737 | 5758 | 5696 | |
| 11:52:32PM | GERMANY | 23775 | 23642 | 23617 | 23541 | 23747 | 23792 | 23855 | 23926 | 23732 | |
| 11:30:42PM | US500 | 6853.9 | 6807 | 6790 | 6766 | 6827 | 6863 | 6878 | 6908 | 6848 | |
| 11:33:22PM | DOW | 47938.2 | 47470 | 47287 | 47042 | 47617 | 48022 | 48133 | 48266 | 47868 | Success |
| 11:36:11PM | NASDAQ | 25600 | 25427 | 25350 | 25252 | 25563 | 25644 | 25734 | 25853 | 25564 | ‘cess |
| 11:38:46PM | JAPAN | 50029 | 49267 | 48997 | 48613 | 49570 | 50149 | 50563 | 51068 | 49777 | ‘cess |
3/12/2025 FTSE Closed at 9692 points. Change of -0.09%. Total value traded through LSE was: £ 6,792,103,773 a change of -9.49%
2/12/2025 FTSE Closed at 9701 points. Change of -0.01%. Total value traded through LSE was: £ 7,504,463,806 a change of 24.89%
1/12/2025 FTSE Closed at 9702 points. Change of -0.19%. Total value traded through LSE was: £ 6,008,942,669 a change of 26.85%
28/11/2025 FTSE Closed at 9720 points. Change of 0.28%. Total value traded through LSE was: £ 4,737,137,664 a change of -21.39%
27/11/2025 FTSE Closed at 9693 points. Change of 0.02%. Total value traded through LSE was: £ 6,026,345,245 a change of -20.1%
26/11/2025 FTSE Closed at 9691 points. Change of 0.85%. Total value traded through LSE was: £ 7,542,003,610 a change of 18.39%
25/11/2025 FTSE Closed at 9609 points. Change of 0.79%. Total value traded through LSE was: £ 6,370,501,929 a change of -51.58%
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.
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.
If you want to ask a question about something Market Related intraday, don’t hesitate to email private.client@trendsandtargets.com. If something has gone volatile and a quick answer is needed, we’ve probably already run the numbers on it. As you’ll appreciate, we try and avoid spamming people needlessly.
Section One – Outlook Updated Today. Click here for Section Two – Outlook remains valid stocks
Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:FOXT Foxtons** **LSE:GLEN Glencore Xstra** **LSE:IHG Intercontinental Hotels Group** **LSE:SRP Serco** **LSE:TRN The Trainline** **
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Updated charts published on : BALFOUR BEATTY, Foxtons, Glencore Xstra, Intercontinental Hotels Group, Serco, The Trainline,
LSE:BBY BALFOUR BEATTY Close Mid-Price: 709.5 Percentage Change: + 0.71% Day High: 711.5 Day Low: 695
All BALFOUR BEATTY needs are mid-price trades ABOVE 711.5 to improve acceleration toward an initial 722p with secondary (if initial bettered) at 889p. The share would require to weaken BELOW 292p it calculates with a drop potential of 290p with secondary (if broken) at a longer term 265p.
Previous Report:
28/11/2025 Target met. Further movement against BALFOUR BEATTY ABOVE 707 should improve acceleration toward an initial 722p with secondary (if initial bettered) at 889p. The share would require to weaken BELOW 292p it calculates with a drop potential of 290p with secondary (if broken) at a longer term 265p.
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 59.7 Percentage Change: + 3.83% Day High: 61.2 Day Low: 57.5
Target met. Further movement against Foxtons ABOVE 61.2 should improve acceleration toward an initial 63p with secondary (if initial bettered) at 65p. The price would require to slip BELOW 50p, it will invariably lead to 47p with our longer term secondary, if broken, at 41p.
Previous Report:
02/12/2025 In the event of Foxtons enjoying further trades beyond 58, the share should experience improved acceleration toward an initial 59.5p with secondary (if initial bested) at 63p. It would require trading BELOW 50p, it will invariably lead to 47p with our longer term secondary, if broken, at 41p.
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View Previous Foxtons & Big Picture ***
LSE:GLEN Glencore Xstra Close Mid-Price: 383.1 Percentage Change: + 6.31% Day High: 386.6 Day Low: 363.9
Target met. In the event of Glencore Xstra enjoying further trades beyond 386.6, the share should experience improved acceleration toward an initial 399p with secondary (if initial bettered) at 436p. It would require trading BELOW 333 calculates as leading to an initial 249p with our secondary, if broken, at 215p.
Previous Report:
21/11/2025 Continued weakness against GLEN taking the price below 333 calculates as leading to an initial 249p with our secondary, if broken, at 215p. Glencore Xstra share price requires to recover ABOVE 378p to improve acceleration toward an initial 386p with secondary (if initial exceeded) at 436.
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View Previous Glencore Xstra & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 10160 Percentage Change: + 0.59% Day High: 10230 Day Low: 10070
Target met. All Intercontinental Hotels Group needs are mid-price trades ABOVE 10230 to improve acceleration toward an initial 10330p with secondary (if initial exceeded) at 10508p. It would require trading BELOW 8000 risks a visit to an initial 7225p with our secondary, if broken, at 5946p.
Previous Report:
26/11/2025 Target met. Further movement against Intercontinental Hotels Group ABOVE 10190 should improve acceleration toward an initial 10211p with secondary (if initial bettered) at 10508p. It would require trading BELOW 8000 risks a visit to an initial 7225p with our secondary, if broken, at 5946p.
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:SRP Serco Close Mid-Price: 262.4 Percentage Change: + 0.92% Day High: 263.2 Day Low: 259.2
In the event of Serco enjoying further trades beyond 263.2, the share should experience improved acceleration toward an initial 267p with secondary (if initial bettered) at 298p. The mid-price would require to trade BELOW 163 for concern, risking reversal to an initial 160p with secondary, if broken, at 149p and a bounce, hopefully.
Previous Report:
31/10/2025 All Serco needs are mid-price trades ABOVE 260.2 to improve acceleration toward an initial 267p with secondary (if initial bettered) at 298p. The mid-price would require to trade BELOW 163 for concern, risking reversal to an initial 160p with secondary, if broken, at 149p and a bounce, hopefully.
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View Previous Serco & Big Picture ***
LSE:TRN The Trainline. Close Mid-Price: 214.4 Percentage Change: -5.38% Day High: 217.2 Day Low: 199.5
Target met. Continued weakness against TRN taking the price below 199.5 calculates as leading to an initial 197p with secondary (if broken) at a longer term 194p. The Trainline share price requires to recover ABOVE 288p could trigger an initial 310p with our secondary, if beaten, at 334p.
Previous Report:
02/12/2025 Weakness on The Trainline below 227.8 will invariably lead to 219p with our secondary, if broken, at 197p. However, the visuals are interesting, suggesting above 288p could trigger an initial 310p with our secondary, if beaten, at 334p.
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View Previous The Trainline & Big Picture ***