Rockhopper Plc, trading around 79.5p at time of writing.

#FTSE #STOXX50 The fun thing about this time of year has been our VW’s mechanical roof, doing the dog walk producing animals utterly delighted at the unlimited headroom. One of my Christmas presents was a proper grand-dad bonnet, the sort of thing ideal for “roof down” occasions. Just for a giggle, tried reversing the thing to mimic a baseball cap but instead, a glimpse of the rear view mirror revealed “Frank Spencer” was looking back. But thankfully, the weather reversed itself on Wednesday, producing the first day – in the last ten – which didn’t justify the roof being down.

The funny thing, returning to the house in darkness around 9.45pm, the single other VW EOS in our area, a black one, drove past with his roof down, despite 13c temperatures. A sniggering suspicion he’d retracted the mechanical marvel and it had refused to return certainly emerged. To be honest, a tarpaulin is stored in our dogs favourite car, just in case the 12+ year old car behaves like a 12+ year old car. But this “roof down” thing is wonderful, as close to riding a motorcycle without the need for an entire new wardrobe and a heavy hat. Aside from my “Some Mothers Do Have ‘Em” hat which suddenly looked like a French beret!

Aside from obscure British comedy programs, something a bit odd has happened with Rockhopper Plc. It used to be the case a Google search for the company would reveal them at the top of listings. Unfortunately, it’s now the case a search reveals more information on Penguins any sane person would need to know, along with a lot of blurb about a type of mountain bike, none of which proved attractive.  Eventually Google stumbled upon links to Rockhopper Exploration and was kind enough to provide a link to the company website.

Rockhopper Exploration continue to boast of their Sea Lion oil field in the Falkland basin, described as a “world class” find. Unfortunately, despite their goose laying this golden egg, the company share price continues to be just a little boring. US President Trump probably didn’t assist the companies stance by commenting, probably flippantly, on Argentina’s claim to the Falklands. Though, to be honest, if he did so about Scotland, it would probably utterly destroy the UK as a viable entity even more than it currently claims to be.

From a charty perspective, Rockhopper actually looks poised for some positive active action. Above 91p calculates with the potential of an initial 94p with our ‘longer term’ secondary, if bettered, at 105p.  Overall, a long term 150p shall be regarded as exerting influence from the future.

Should things intend go pear shaped, Rockhopper only needs below 76 to indicate the potential of trauma, allowing reversal to an initial 68p with our longer term secondary, if broken, calculating down at a future 56p and a serious risk of the share price being trapped in quicksand.

By just about every standard, we feel Rockhopper is a little dangerous, perhaps absorbing something of Desire Petroleum’s DNA along the historical trail. But, on balance, some gains feel like they may be possible.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:30:08PM BRENT 9980.9 Success
11:42:45PM GOLD 4694.55
11:48:10PM FTSE 10435.4 10312 10259 10182 10454 10455 10499 10611 10417 Success
11:08:18PM STOX50 6025.2 5989 5962 5928 6020 6065 6090 6143 5995 Success
11:18:38PM GERMANY 24923.8 Success
11:26:38PM US500 7354.6 Success
11:35:24PM DOW 49899.4 Success
11:40:20PM NASDAQ 28542.4
11:44:22PM JAPAN 62121 ‘cess

 

6/05/2026 FTSE Closed at 10438 points. Change of 2.14%. Total value traded through LSE was: £ 8,817,587,393 a change of -17.34%
5/05/2026 FTSE Closed at 10219 points. Change of -1.39%. Total value traded through LSE was: £ 10,667,648,398 a change of 92.81%
1/05/2026 FTSE Closed at 10363 points. Change of -0.14%. Total value traded through LSE was: £ 5,532,832,097 a change of -40.75%
30/04/2026 FTSE Closed at 10378 points. Change of 1.62%. Total value traded through LSE was: £ 9,338,364,506 a change of 26.56%
29/04/2026 FTSE Closed at 10213 points. Change of -1.15%. Total value traded through LSE was: £ 7,378,449,952 a change of 12.28%
28/04/2026 FTSE Closed at 10332 points. Change of 0.11%. Total value traded through LSE was: £ 6,571,655,414 a change of -12.54%
27/04/2026 FTSE Closed at 10321 points. Change of -100%. Total value traded through LSE was: £ 7,514,052,310 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:AFC AFC Energy** **LSE:BBY BALFOUR BEATTY** **LSE:EMG MAN** **LSE:IGG IG Group** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **

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Updated charts published on : AFC Energy, BALFOUR BEATTY, MAN, IG Group, Rockhopper, Scottish Mortgage Investment Trust, Standard Chartered,


LSE:AFC AFC Energy. Close Mid-Price: 17.02 Percentage Change: + 4.16% Day High: 17.24 Day Low: 16.52

Target met. Continued trades against AFC with a mid-price ABOVE 17.24 sho ……..

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View Previous AFC Energy & Big Picture ***


LSE:BBY BALFOUR BEATTY. Close Mid-Price: 862 Percentage Change: + 4.04% Day High: 862 Day Low: 835.5

Target met. All BALFOUR BEATTY needs are mid-price trades ABOVE 862 to im ……..

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LSE:EMG MAN. Close Mid-Price: 260.4 Percentage Change: + 1.01% Day High: 264.4 Day Low: 258.2

Further movement against MAN ABOVE 264.4 should improve acceleration towa ……..

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LSE:IGG IG Group. Close Mid-Price: 1551.5 Percentage Change: + 1.24% Day High: 1553.5 Day Low: 1524.5

Target met. Further movement against IG Group ABOVE 1553.5 should improve ……..

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LSE:RKH Rockhopper Close Mid-Price: 80 Percentage Change: -4.31% Day High: 83.6 Day Low: 77.4

This is a little confusing. Their share price “wants” to head upward but t ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1452.5 Percentage Change: + 1.29% Day High: 1460 Day Low: 1426

Target met. Further movement against Scottish Mortgage Investment Trust A ……..

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View Previous Scottish Mortgage Investment Trust & Big Picture ***


LSE:STAN Standard Chartered. Close Mid-Price: 1906 Percentage Change: + 4.76% Day High: 1938.2 Day Low: 1869.4

Continued trades against STAN with a mid-price ABOVE 1938.2 should improv ……..

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

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