Ithaca Energy Plc (LSE:ITH) trading around 558 at time of writing.

#GOLD #NASDAQ We’ve been receiving emails recently relating to a bunch of shares which have proven fairly reliable in paying dividends.  It feels like quite a few folk are more concerned about dividend income, rather than focussing on share price movements. Obviously, it’s the case investors want both things to happen. There’s little point in receiving dividends, if the long term value of your initial investment decreases’ by commensurate amounts and fails to recover.

Thankfully, Ithaca, despite movements this year, do not appear to be following a downward pattern. Quite the opposite, the share price doubtless enjoying the undercurrents of events in the Middle East, wanting to go up, inhibited by global chaos and suffering the same damage common among many shares.

At present, we’d have some concern with share price movement below 220p as this threatens to trigger reversal to an initial 211p with our secondary, if broken, a potential bottom at 185p. Visually, this secondary target has the potential to challenge the Red uptrend since 2024, something which can be viewed as a potential opportunity perhaps. While nothing suggests this may be a risk currently, it’s certainly worth remembering the proximity of the Red line, should Ithaca start some reversals.

However, it feels more probable some gains can be anticipated. Above 242p feels like it has the potential to trigger gains to an initial 257p with our secondary, if bettered, a surprising 294p. This secondary would represent a new all time high, placing the share price in a zone where a future 330p shall be regarded as exerting an attraction.

Fingers crossed.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:05:49PM BRENT 8496.9 ‘cess
11:10:09PM GOLD 4050.8 4014 3995 3926 4060 4101 4120 4166 4043
11:12:55PM FTSE 10484
11:19:52PM STOX50 6259.2
11:25:30PM GERMANY 25046.8
11:28:14PM US500 7546.8
11:31:08PM DOW 52561.5 ‘cess
11:37:55PM NASDAQ 29585.7 29342 29123 28879 29445 29720 29788 30016 29498 ‘cess
11:43:32PM JAPAN 68314

 

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:AZN Astrazeneca** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:HSBA HSBC** **LSE:SBRY Sainsbury** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Astrazeneca, EasyJet, Fresnillo, Genel, HSBC, Sainsbury, Zoo Digital,


LSE:AZN Astrazeneca. Close Mid-Price: 12364 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Astrazeneca experiences weakness below 12,328 it calculates ……..

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View Previous Astrazeneca & Big Picture ***


LSE:EZJ EasyJet. Close Mid-Price: 680 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of EasyJet enjoying further trades beyond 683.8, the share s ……..

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</p

View Previous EasyJet & Big Picture ***


LSE:FRES Fresnillo. Close Mid-Price: 2595 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Weakness on Fresnillo below 2531 will invariably lead to 2415 ……..

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</p

View Previous Fresnillo & Big Picture ***


LSE:GENL Genel. Close Mid-Price: 52.7 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued weakness against GENL taking the price below 52.1 calculates as ……..

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</p

View Previous Genel & Big Picture ***


LSE:HSBA HSBC. Close Mid-Price: 1490 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event of HSBC enjoying further trades beyond 1499, the ……..

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View Previous HSBC & Big Picture ***


LSE:SBRY Sainsbury. Close Mid-Price: 347.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of Sainsbury enjoying further trades beyond 348.1, the share ……..

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</p

View Previous Sainsbury & Big Picture ***


LSE:ZOO Zoo Digital. Close Mid-Price: 9.75 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. If Zoo Digital experiences continued weakness below 9.75, it ……..

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</p

View Previous Zoo Digital & Big Picture ***


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

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