The FTSE for FRIDAY (FTSE:UKX) at around 7023 currently

#FTSE #BloodyRain  We often whinge about the weather here in Argyll while viewing the mountain in the back garden and glowering at the sea to the front. The choice of what feels like almost constant misery from rain has been self inflicted, because once every 100 days, we might be forced to survive good weather. It shouldn’t really have come as a surprise, when the Met Office issued league tables, awarding Argyll a wet sponge due to it being the wettest region of the UK with 90 inches of rain expected every year. The next area in the tables was 12% drier than Argyll!

This year, we suspect records are being broken, the constant rainfall becoming almost biblical. The next person who says “There’s no such thing as bad weather, just the wrong clothes” risks a serious riposte, due to the length of time it takes for boots and “waterproof” jackets to dry. Some bloke has even built the framework of an Ark five hundred feet up a hill locally. While the view is breathtaking (on a dry day), the reality isn’t really worth viewing close up, due to wood joints becoming quite boring very quickly. He obviously didn’t risk putting a body on the framework as it’s certain the wind would deposit the thing quite a few miles away. When our garden shed was blown away in January, we never recovered all of it, suspecting there’s a tree in the forest sporting a very unusual hat.

What has this whine got to do with the Stock Market.

 

Very little, and everything, obviously.

 

Emotion is dangerous when reviewing the markets and shares. Over the years, it became apparent we’d be more inclined to take a positive view of an instrument, if the weather outside was nice, the grass cut, the hedges flowering, and the sea calm. It became a joke in-house, expecting a miserable outlook against something, simply due to the racket emanating from the garden waterfall as it evacuated dozens of Olympic sized swimming pools of rainwater every hour. This, one of the stupid forms of measurement, akin to the several “Football fields” gold standard of nonsense, irritates as most folk haven’t seen an Olympic sized pool and some (guilty) also have never seen a football. field.

Returning to real life, it has obviously been raining again but we’re making an effort to provide an optimistic view for the FTSE.

Since 25th March, the FTSE has chosen to pause its climb, stalling at the 8000 point level, perhaps an attempt to convince traders a solid ceiling exists. Historically, this sort of pause tests last (we suspect) until sufficient orders for Short positions have been placed. One day, in a “shocking surprise”, the index may perhaps spike downward at the open, triggering all the short positions, then heading upwards in the face of all logic. Currently, our inclination is against panic on the FTSE unless the index somehow wanders below 7832 points as this is liable to trigger some real dramatics with 7779 as our initial drop target with secondary, if broken, at 7752 points and hopefully a rebound. If triggered, the tightest stop is quite attractive at 7882 points but probably could be a lot tighter.

 

However, despite the weather, our inclination is to take a more positive stance rather than stroll around in the current miasma of misery. As a result, we hope above 7965 shall trigger market recovery to an initial 8033 points with our secondary, if bettered, now at 8110 points. If triggered, the tightest stop looks like 7918 points.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:23:06PM BRENT 8981.9 8900 8866 8958 9052 9081 8996
9:28:25PM GOLD 2375.55 2332 2314 2348 2377 2382 2361 Success
9:32:27PM FTSE 7943.9 7887 7875 7909 7961 7989 7937 ‘cess
9:35:30PM STOX50 4994.9 4932 4895 4981 5011 5020 4988 ‘cess
9:39:16PM GERMANY 18044.3 17860 17760 17998 18085 18134 18015 ‘cess
9:41:59PM US500 5198.7 5163 5124 5213 5208 5218 5195 Success
9:45:05PM DOW 38477.5 38200 38020 38411 38606 38644 38454 Shambles
9:50:43PM NASDAQ 18306.7 17997 17926 18112 18337 19436 18177 Success
10:04:51PM JAPAN 39659 39326 39201 39420 39698 39788 39615 Success

 

11/04/2024 FTSE Closed at 7923 points. Change of -0.48%. Total value traded through LSE was: £ 5,968,969,501 a change of -30.54%
10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%
9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%
8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%
5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%
4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%
3/04/2024 FTSE Closed at 7937 points. Change of -100%. Total value traded through LSE was: £ 6,056,901,297 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:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:IQE IQE** **

********

Updated charts published on : AFC Energy, Astrazeneca, BP PLC, Carclo, Centamin, IQE,


LSE:AFC AFC Energy. Close Mid-Price: 19.74 Percentage Change: + 3.89% Day High: 19.84 Day Low: 18.98

Further movement against AFC Energy ABOVE 19.84 should improve accelerati ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10962 Percentage Change: + 2.14% Day High: 11092 Day Low: 10816

All Astrazeneca needs are mid-price trades ABOVE 11092 to improve acceler ……..

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LSE:BP. BP PLC Close Mid-Price: 520 Percentage Change: -0.02% Day High: 531.5 Day Low: 518.4

All BP PLC needs are mid-price trades ABOVE 531.5 to improve acceleration ……..

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LSE:CAR Carclo Close Mid-Price: 6.92 Percentage Change: -4.48% Day High: 0 Day Low: 0

If Carclo experiences continued weakness below 6.92, it will invariably l ……..

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LSE:CEY Centamin. Close Mid-Price: 127.9 Percentage Change: + 2.32% Day High: 128.3 Day Low: 124.4

All Centamin needs are mid-price trades ABOVE 128.3 to improve accelerati ……..

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LSE:IQE IQE. Close Mid-Price: 28.45 Percentage Change: + 10.49% Day High: 28.45 Day Low: 25.6

Further movement against IQE ABOVE 28.45 should improve acceleration towa ……..

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

International Consolidated Airlines Group (LSE:IAG) at around 175.5 currently.

#Gold #S&P500  We’re stalking a few bounce-back stocks, shares where the price should logically improve as the grim days of Lockdown recede to a distant memory, folk losing their fear of being trapped in a flying test tube full of germs…  IAG (British Airways) is one such share, the price cheerfully at (adjusted due to share rights issue) 440p before the pandemic kicked industry in the teeth.

The share price is starting to show early signs of coming awake, makes us wonder if it’s going to be one of the prices which proves capable of making some sort of attempt at pre-pandemic levels. To be fair, we’d anticipated the Travel and Holiday sectors to move rather faster than has been shown, even Food and Clothing proving earlier on the steps for recovery. However, with jet engine maker Rolls Royce soaring substantially higher than their pre-pandemic price level of 240p and currently just over 4 quid, we’re inclined to attach some hope for the airline sector playing catchup at some point, perhaps fairly soon. IAG’s share price is now trading higher than any level since 2021 and has also broken through the solid Blue downtrend since 2021, in addition to breaking above a less certain downtrend since 2020.

 

Visually, it certainly seems we may have a point, though some patience may be required due to British Airways inherent lack of speed when gaining altitude. On the Glasgow/London run, it was once the case where the cabin staff had time to offer a 2nd cup of undrinkable coffee whereas nowadays, the seat belts light goes out for long enough to serve food and drinks, then back on for a lazy descent into the 3rd world hell which is Heathrow.

 

Near term, we’re inclined to view 185p as the next major trigger level, due to movement above such a point calculating with the potential of a lift to an initial 215p with our secondary, if bettered, a rather more cheerful 284p. For the long term, we shall take closure above 284p as showing a degree of commitment, perhaps a solid first step on a path to a future 573p and a challenge against the share price highs pre-pandemic.

As usual, we can hope. To justify panic, below 158p will justify deployment of emergency exit ramps.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:38:00PM BRENT 9003
9:40:44PM GOLD 2331.66 2319 2308 2289 2334 2353 2359 2372 2332 Success
9:43:19PM FTSE 7964 ‘cess
9:46:17PM STOX50 4986.5 ‘cess
9:50:53PM GERMANY 18067 Shambles
10:03:12PM US500 5156 5130 5104 5060 5160 5180 5191 5212 5154 Shambles
10:06:01PM DOW 38433.5 Shambles
10:08:45PM NASDAQ 18008.3
10:11:17PM JAPAN 39087 ‘cess

 

10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%
9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%
8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%
5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%
4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%
3/04/2024 FTSE Closed at 7937 points. Change of -100%. Total value traded through LSE was: £ 6,056,901,297 a change of 0%
2/04/2024 FTSE Closed at 7935 points. Change of 0%. Total value traded through LSE was: £ 6,396,592,284 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:AAL Anglo American** **LSE:BP. BP PLC** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:SDY Speedyhire** **LSE:TLW Tullow** **LSE:TSCO Tesco** **

********

Updated charts published on : Anglo American, BP PLC, Centamin, EasyJet, HSBC, British Airways, IQE, Speedyhire, Tullow, Tesco,


LSE:AAL Anglo American Close Mid-Price: 2145.5 Percentage Change: -2.10% Day High: 2229 Day Low: 2108.5

All Anglo American needs are mid-price trades ABOVE 2229 to improve accel ……..

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LSE:BP. BP PLC. Close Mid-Price: 520.1 Percentage Change: + 0.68% Day High: 523.5 Day Low: 516.1

Target met. In the event of BP PLC enjoying further trades beyond 523.5, ……..

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LSE:CEY Centamin. Close Mid-Price: 125 Percentage Change: + 0.40% Day High: 126.6 Day Low: 122.8

Target met. In the event of Centamin enjoying further trades beyond 126.6 ……..

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LSE:EZJ EasyJet Close Mid-Price: 571 Percentage Change: -0.45% Day High: 590.8 Day Low: 569.6

Further movement against EasyJet ABOVE 590.8 should improve acceleration ……..

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LSE:HSBA HSBC. Close Mid-Price: 663.2 Percentage Change: + 2.87% Day High: 665 Day Low: 649

Target met. In the event of HSBC enjoying further trades beyond 665, the ……..

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LSE:IAG British Airways. Close Mid-Price: 175.55 Percentage Change: + 0.77% Day High: 180.15 Day Low: 173.5

Target met. In the event of British Airways enjoying further trades beyo ……..

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LSE:IQE IQE. Close Mid-Price: 25.75 Percentage Change: + 28.75% Day High: 27.7 Day Low: 21.7

In the event of IQE enjoying further trades beyond 27.7, the share should ……..

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LSE:SDY Speedyhire. Close Mid-Price: 25.75 Percentage Change: + 1.58% Day High: 26 Day Low: 23

If Speedyhire experiences continued weakness below 23, it will invariably ……..

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LSE:TLW Tullow. Close Mid-Price: 35.82 Percentage Change: + 2.28% Day High: 36.02 Day Low: 35.1

In the event of Tullow enjoying further trades beyond 36.02, the share sh ……..

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LSE:TSCO Tesco. Close Mid-Price: 297 Percentage Change: + 3.30% Day High: 306.1 Day Low: 284

Target met. Further movement against Tesco ABOVE 306.1 should improve acc ……..

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

Gold and Centamin Plc (LSE:CEY & PM:XAUUSD) at around 124.5 & $2350 currently.

#Gold #Centamin  Obviously, with the price of Gold currently behaving as if it’s on steroids, we’ve been receiving a bunch of emails asking about various Gold mining shares. Amusingly, with Gold currently around $2350, our report on Gold in November last year issued a future target of $2357, being careful to admit this target would probably prove similar to the ambition of politicians to ship illegal immigrants off to Rwanda, something promised but never attained.

However, movements on the price of Gold since the start of March have proven our cautious nature was a load of tosh and once the price of the metal successfully closed above the glass ceiling (Blue on the chart), it was only to be a matter of time until it sprouted faster than a dandelion on a sunny day. Gold is now showing some useful potentials, needing below 2080 to spoil the party. Instead, it now appears likely above $2357 provides the potential of a lift to an initial 2480 with secondary, if bettered, at $2500 and some potential hesitation, if only to satisfy all the doom-sayers who will claim it can’t surpass this level. In normal circumstances, we’d agree except for two things.

Firstly, a bunch of folk will almost certainly open Short positions at the $2500 and there are few things the market finds funnier than collecting a bunch of stop losses.

Secondly, perhaps more importantly, the Big Picture now claims a future $2778 is possible for Gold, a price level where unless “they” start gapping it up, the metal should almost certainly experience some collywobbles.

 

Centamin Plc, the Gold producer active in Egypt and further down around the Ivory Coast, show extraction results which would shame the “best” commercial producers on Discovery’s Gold Rush TV show. For instance, in 2023, they extracted nearly 1/2 million ounces from their Sukari pit, a number which compares favourably against the best producer on the TV show who extracted nearly 8,000 ounces in the Yukon. Though, if we break it down to “Ounces Per Employee”, the guys in the Yukon appear to be far more efficient!

Our immediate outlook for Centamin suggests above 125 should prove capable of boosting the share price to a less than impressive 127.6p. Our secondary, above such a level, calculates at a future 144p, along with a demand the share price close above such a level to hopefully make a Big Picture future 177p a reality. The share price certainly has fairly strong prospect and we cannot help but wonder when the runaway price of Gold may spread into high revenue expectations for miners.

If things intend go wrong for LSE:CEY, the share price needs drop below 106p to spark trouble, allowing reversal to an initial 100 with secondary, if broken, at a probable bottom of 91p.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:56:30PM BRENT 8911.9
9:58:48PM GOLD 2352.65 Success
11:23:52PM FTSE 7945 7917 7903 7880 7947 7971 7986 8004 7929 ‘cess
11:53:18PM STOX50 5006.4 4981 4962 4909 5028 5042 5062 5089 5006 ‘cess
12:02:59AM GERMANY 18125 ‘cess
12:04:59AM US500 5214.8 ‘cess
12:23:15AM DOW 38915 Success
12:28:39AM NASDAQ 18183
12:31:07AM JAPAN 39639 ‘cess

 

9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%
8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%
5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%
4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%
3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%
2/04/2024 FTSE Closed at 7935 points. Change of -100%. Total value traded through LSE was: £ 6,396,592,284 a change of 0%
28/03/2024 FTSE Closed at 7952 points. Change of 0%. Total value traded through LSE was: £ 5,611,823,607 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:AAL Anglo American** **LSE:AFC AFC Energy** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:OCDO Ocado Plc** **LSE:SCLP Scancell** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Anglo American, AFC Energy, BP PLC, Carclo, Centamin, Gulf Keystone, HSBC, Ocado Plc, Scancell, Tern Plc, Tullow,


LSE:AAL Anglo American. Close Mid-Price: 2191.5 Percentage Change: + 1.69% Day High: 2212 Day Low: 2159

Target met. In the event of Anglo American enjoying further trades beyond ……..

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LSE:AFC AFC Energy. Close Mid-Price: 19.14 Percentage Change: + 2.46% Day High: 19.24 Day Low: 18.5

Continued trades against AFC with a mid-price ABOVE 19.24 should improve ……..

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LSE:BP. BP PLC. Close Mid-Price: 516.6 Percentage Change: + 1.31% Day High: 520.3 Day Low: 513.6

Further movement against BP PLC ABOVE 520.3 should improve acceleration t ……..

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LSE:CAR Carclo Close Mid-Price: 7.25 Percentage Change: -3.33% Day High: 6.95 Day Low: 6.95

Continued weakness against CAR taking the price below 6.95 calculates as ……..

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LSE:CEY Centamin. Close Mid-Price: 124.5 Percentage Change: + 2.81% Day High: 124.8 Day Low: 122

Target met. Further movement against Centamin ABOVE 124.8 should improve ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 123 Percentage Change: + 3.36% Day High: 127.8 Day Low: 118

In the event of Gulf Keystone enjoying further trades beyond 127.8, the s ……..

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LSE:HSBA HSBC. Close Mid-Price: 644.7 Percentage Change: + 0.03% Day High: 649.2 Day Low: 643.1

Target met. Continued trades against HSBA with a mid-price ABOVE 649.2 sh ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 380.6 Percentage Change: + 1.47% Day High: 391.4 Day Low: 362.8

Target met. Continued weakness against OCDO taking the price below 362.8 ……..

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LSE:SCLP Scancell Close Mid-Price: 9.85 Percentage Change: -3.90% Day High: 10.25 Day Low: 9.65

In the event Scancell experiences weakness below 9.65 it calculates with ……..

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LSE:TERN Tern Plc. Close Mid-Price: 3.6 Percentage Change: + 16.13% Day High: 3.85 Day Low: 3.1

Target met. Further movement against Tern Plc ABOVE 3.85 should improve a ……..

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LSE:TLW Tullow. Close Mid-Price: 35.02 Percentage Change: + 2.58% Day High: 35.34 Day Low: 34.2

Continued trades against TLW with a mid-price ABOVE 35.34 should improve ……..

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

3i Group Plc (LSE:iii) at around 2823 currently and new all time highs?

 #Gold #Nasdaq  Everyone knows all the dangers associated with bottom feeding, trying to discriminate the exact level at which a share shall stop going down and start bouncing. We’re fairly sure, if a way was ever found to drain the stock market, the bottom would be littered with the bones of investors murdered by the torrents of falling knives, each convinced they’d finally be the hero in their own story.

There’s a converse scenario, one just as fraught with trouble, easily spotted when a share price keeps going up. This path to fabulous ascendance is, similar to Mount Everest, dusted with the bodies of those who believed things could go no higher, opting to escape a soaring share price as “No-one ever went broke, making a profit!”. The emotional similarity to a failing share price is quite fascinating, both attempts at maximising profit essentially routed firmly in greed rather than common sense.

3i Group currently provide quite a useful case in point. Their share price is soaring higher than ever, doubtless attracting the usual bunch who’re ready to claim the opened a short position the moment they noticed it had stopped going higher. We’ve shown a little chart extract, one which is doubtless pretending to advise nervous investors 3i share price has reached a plateau, one where some trouble should be anticipated. The analytical investors shall convince themselves the 30 quid level is about to provide a hurdle beyond which the price clearly cannot go, the immediate period of flatlining doubtless indicating a halt to any buying frenzy.

We’re not entirely convinced this shall prove to be the case. On the chart, we’ve circled an area from 2023, a point where the share price previously discovered a case of “nerves” just above the 20 quid level. Folk armed with long term charts would quickly notice this was the high of the share price back in the year 2000 and it’s certain a fair number of traders successfully convinced themselves the price had reached a natural barrier, opting to pocket their profit, then watching aghast as the share price continued to climb by almost 50%.

We don’t trust these plateau as shown on the chart below, especially when they occur as a share price is climbing. We’ve even coined a pet name for them, a flat trend. When a share price successfully closes above such a flat trend, it’s almost always a signal the climbing season is again upon us.

In the case of 3i Group, share price closure above 2323p shall give some hope or, more probably from an intraday perspective, movement exceeding 2858p giving a solid suggestion movement to an initial 3003p has become our next ambition with secondary, if bettered, at 3336p. We’ve a whole bunch of reasons to anticipate some price hesitation at this secondary level but would warn investors to take care. If the market starts to “gap” 3i share price up at the open any time now, we shall take this as a signal they also intend to climb past 3336p sometime in the future.

 

If things intend go wrong, the price needs below 2229p (red) to indicate slight panic, giving the potential of weakness possible to a future 1575p, if everything intends go really wrong. Visually, we doubt it.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:53:12PM BRENT 9030.2 Success
8:56:10PM GOLD 2337.79 2319 2307 2292 2336 2344 2349 2359 2332
8:58:37PM FTSE 7943.3 Success
9:00:52PM STOX50 5034.6 ‘cess
9:04:42PM GERMANY 18294.9 Success
9:14:23PM US500 5207.3
9:18:36PM DOW 38928.5
9:23:15PM NASDAQ 18117 18047 18015 17949 18141 18213 18252 18321 18106
9:25:35PM JAPAN 39440 ‘cess
8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%
5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%
4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%
3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%
2/04/2024 FTSE Closed at 7935 points. Change of -0.21%. Total value traded through LSE was: £ 6,396,592,284 a change of 13.98%
28/03/2024 FTSE Closed at 7952 points. Change of -100%. Total value traded through LSE was: £ 5,611,823,607 a change of 0%
27/03/2024 FTSE Closed at 7931 points. Change of 0%. Total value traded through LSE was: £ 6,984,265,081 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:AAL Anglo American** **LSE:BP. BP PLC** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:OCDO Ocado Plc** **LSE:SCLP Scancell** **LSE:TERN Tern Plc** **

********

Updated charts published on : Anglo American, BP PLC, Centamin, EasyJet, Gulf Keystone, HSBC, Ocado Plc, Scancell, Tern Plc,


LSE:AAL Anglo American. Close Mid-Price: 2155 Percentage Change: + 3.21% Day High: 2154 Day Low: 2094.5

Further movement against Anglo American ABOVE 2154 should improve acceler ……..

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LSE:BP. BP PLC. Close Mid-Price: 509.9 Percentage Change: + 0.75% Day High: 513.8 Day Low: 503.9

Continued trades against BP. with a mid-price ABOVE 513.8 should improve ……..

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LSE:CEY Centamin. Close Mid-Price: 121.1 Percentage Change: + 1.25% Day High: 121.5 Day Low: 118.4

Target met. Continued trades against CEY with a mid-price ABOVE 121.5 sho ……..

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LSE:EZJ EasyJet. Close Mid-Price: 577.8 Percentage Change: + 3.33% Day High: 583.4 Day Low: 560.6

All EasyJet needs are mid-price trades ABOVE 583.4 to improve acceleratio ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 119 Percentage Change: + 8.08% Day High: 126 Day Low: 112.3

Continued trades against GKP with a mid-price ABOVE 126 should improve th ……..

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LSE:HSBA HSBC. Close Mid-Price: 644.5 Percentage Change: + 0.48% Day High: 646 Day Low: 637.6

All HSBC needs are mid-price trades ABOVE 646 to improve acceleration tow ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 375.1 Percentage Change: -1.21% Day High: 384.7 Day Low: 366.7

Weakness on Ocado Plc below 366.7 will invariably lead to 365p with secon ……..

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LSE:SCLP Scancell. Close Mid-Price: 10.25 Percentage Change: + 0.00% Day High: 10.25 Day Low: 9.75

Continued weakness against SCLP taking the price below 9.75 calculates as ……..

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LSE:TERN Tern Plc. Close Mid-Price: 3.1 Percentage Change: + 8.77% Day High: 3.15 Day Low: 2.85

Continued trades against TERN with a mid-price ABOVE 3.15 should improve ……..

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

Barclays Plc (LSE:BARC) at around 189.74 currently

#Brent #Barclays Last week, the entire UK resounded to the sound of party poppers going off, an event strangely reminiscent of the day the nation apparently shook to the sound of church bells as news of the end of the 2nd world war erupted. Okay, perhaps the exuberance was a little more muted but Barclays share price actually did something interesting!

From our perspective, the interest doesn’t reside in the fact it achieved our 191.4p target but rather the fact the market actually permitted the share price to close Thursday very slightly above this target level. Despite a near certainty the share price shall mess around a bit at the current level, possibly even discovering an excuse to retreat to 183p with secondary, if broken, at 173p, we’d not be immediately alarmed as movements such as this just fall into the criteria of “share prices can go down and up”, rather than establishing a strong trend. In fact, should 173p make an appearance, there’s a pretty fair argument in favour of taking a Long position with a seriously tight stop as we suspect another return to the 191p level shall be on the cards.

We’re making a bit of noise about this, thanks to that Blue downtrend line on the chart. It dates back to 2007, and the end of the era when politicians still resigned when being caught with their paws in the cookie jar.

However, the adrenalin is flowing due to Barclays now achieving a fairly important Big Picture movement, one which effectively forces us to take cognisance of the long term Blue line as it allows a scenario where this retail bank finds itself in a position where a four letter word describes the future; HOPE.

 

Now above 194.2p should apparently prove capable of triggering share price movement to an initial 220p with our secondary, if exceeded, at a future 251p. Perhaps we are placing a lot of emphasis on a positive movement of just a couple of pence but it “feels” like the market is taking cognisance of the same trend we are, hence our efforts are crossing fingers, buying rabbits paws, and ensuring all the horse-shoes are pointing the correct way… (Nope, even Google fails to provide a straight answer for this!)

If Barclays intends a return to the days of clown school, the share price needs below 155p to justify serious concern.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
8:42:18PM BRENT 9058.2 9026 8989 8932 9104 9164 9175 9288 9056
8:46:24PM GOLD 2329 2321 2319 2315 2330 2332 2409 2523 2315
8:48:39PM FTSE 7918.6 7885 7873 7854 7922 7923 7931 7956 7903
8:50:40PM STOX50 5016.8 4982 4966 4914 5020 5028 5039 5058 5005
8:53:51PM GERMANY 18181.9 18087 18077 17889 18177 18277 18299 18330 18148
9:03:50PM US500 5206.7 5147 5131 5100 5199 5224 5261 5300 5188
9:06:30PM DOW 38924.5 38581 38470 38275 38767 39055 39288 39532 38923
9:08:39PM NASDAQ 18111.9 17863 17793 17653 18000 18213 18265 18399 18086
9:15:58PM JAPAN 39291 38906 38786 38587 39293 39381 39435 39660 39268

 

 

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%
4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%
3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%
2/04/2024 FTSE Closed at 7935 points. Change of -0.21%. Total value traded through LSE was: £ 6,396,592,284 a change of 13.98%
28/03/2024 FTSE Closed at 7952 points. Change of 0.26%. Total value traded through LSE was: £ 5,611,823,607 a change of -19.65%
27/03/2024 FTSE Closed at 7931 points. Change of 0.01%. Total value traded through LSE was: £ 6,984,265,081 a change of 6.21%
26/03/2024 FTSE Closed at 7930 points. Change of -100%. Total value traded through LSE was: £ 6,575,880,287 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:OCDO Ocado Plc** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Ocado Plc, Tern Plc, Tullow,


LSE:AFC AFC Energy. Close Mid-Price: 18.14 Percentage Change: + 6.71% Day High: 17.74 Day Low: 16

This now needs above 19p to make a significant movement, giving the potent ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 379.7 Percentage Change: -8.99% Day High: 410.4 Day Low: 380.5

Target met. If Ocado Plc experiences continued weakness below 380.5, it w ……..

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LSE:TERN Tern Plc. Close Mid-Price: 2.85 Percentage Change: + 21.28% Day High: 2.85 Day Low: 2.3

Potentially slightly interesting, above an important 2.95 should prove cap ……..

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LSE:TLW Tullow. Close Mid-Price: 34.02 Percentage Change: + 0.06% Day High: 34.58 Day Low: 33.7

Target met. Further movement against Tullow ABOVE 34.58 should improve ac ……..

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

Our fabulous FTSE for FRIDAY (FTSE:UKX) at around 7975 currently.

#WallSt #FTSE  The UK index has almost achieved the unthinkable, needing only to close above 8015 to move the index into the realms of “new all time highs”. What’s annoying are the number of FTSE 100 constituents, whose share prices continue to languish in the gutter, but the value of the index gains, due to the relegation of companies like Hiscox, Johnson Matthey, Hargreaves Lansdown, etc with other companies like Persimmon shuffling out to the FTSE 250, then being readmitted when their market capitalisation was perceived to have improved in relation to existing members of the main UK market.

In other words, the LSE takes care to ensure the FTSE 100 reflects the largest companies, the numeric value of the index really not reflecting how well constituents are actually doing. Or in plain English, the FTSE flirting with the 8000 point level provides absolutely no certainty Lloyds share price shall shoot up, Glencore could continue pretending to be interesting, and BP continues to look like an untroubled puddle of oil despite the index appearing to flourish, due to the revolving door for companies whose market cap meet criteria.

 

Of course, unlike Formula1, the FTSE doesn’t exist just to entertain folk but, again unlike Formula1, it looks like the FTSE is on the edge of becoming entertaining.

 

Near term, above 7991 points should prove interesting, calculating with the potential of movement to an initial 8023 points with our secondary, if beaten, working out at 8070 points. If triggered, the tightest stop works out at a fairly reasonable 7943 points.  This secondary of 8070 would represent a new all time high from intraday trading levels, the prior offering of 8047 points achieved on February 16th last year. But our rigid in-house rule demands both share price and index levels actually close a session above a prior level to make strength for the future a more comfortable proposition. As mentioned earlier, this demands the FTSE close above 8015 points.

Below 7943 points shows with the risk of triggering reversal to an initial 7912 points with our secondary, if broken, at 7850 points.

 

Have a good weekend. It’s sushi Sunday here for the Japanese GP, assuming we survive the 70mph winds being forecast for here in Argyll.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:06:50PM BRENT 9051.3 8844 8767 8920 9102 9120 8844 ‘cess
9:10:16PM GOLD 2285.95 2279 2254 2299 2307 2315 2286 ‘cess
9:12:52PM FTSE 7893 7880 7833 7927 7994 8029 7962 Success
9:17:29PM STOX50 5007.1 5001 4997 5020 5031 5034 5008 ‘cess
9:21:11PM GERMANY 18190.8 18174 18117 18237 18288 18302 18217 ‘cess
9:24:19PM US500 5149.4 5145 5123 5215 5196 5217 5170 Success
9:34:04PM DOW 38568.5 38556 38530 38662 38842 38867 38693 Success
9:40:19PM NASDAQ 17869.1 17862 17783 18042 18128 18235 18036 Success
10:12:58PM JAPAN 39049 39038 38586 39221 39328 39415 39200 Shambles

 

4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%
3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%
2/04/2024 FTSE Closed at 7935 points. Change of -0.21%. Total value traded through LSE was: £ 6,396,592,284 a change of 13.98%
28/03/2024 FTSE Closed at 7952 points. Change of 0.26%. Total value traded through LSE was: £ 5,611,823,607 a change of -19.65%
27/03/2024 FTSE Closed at 7931 points. Change of 0.01%. Total value traded through LSE was: £ 6,984,265,081 a change of 6.21%
26/03/2024 FTSE Closed at 7930 points. Change of -100%. Total value traded through LSE was: £ 6,575,880,287 a change of 0%
25/03/2024 FTSE Closed at 7917 points. Change of 0%. Total value traded through LSE was: £ 5,239,616,873 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:AAL Anglo American** **LSE:BARC Barclays** **LSE:CEY Centamin** **LSE:EMG MAN** **LSE:HSBA HSBC** **LSE:LLOY Lloyds Grp.** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Anglo American, Barclays, Centamin, MAN, HSBC, Lloyds Grp., Music Magpie, Natwest, Ocado Plc, Tullow,


LSE:AAL Anglo American. Close Mid-Price: 2110.5 Percentage Change: + 3.05% Day High: 2123 Day Low: 2059

Above 2123 now looks capable of a lift to an initial 2174 with secondary, ……..

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LSE:BARC Barclays. Close Mid-Price: 193.16 Percentage Change: + 2.45% Day High: 194.12 Day Low: 188.6

Target met. In the event of Barclays enjoying further trades beyond 194.1 ……..

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LSE:CEY Centamin. Close Mid-Price: 117.9 Percentage Change: + 0.60% Day High: 120.2 Day Low: 116.5

Target met. All Centamin needs are mid-price trades ABOVE 120.2 to improv ……..

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LSE:EMG MAN. Close Mid-Price: 276.4 Percentage Change: + 0.88% Day High: 279.2 Day Low: 274.2

Target met. Continued trades against EMG with a mid-price ABOVE 279.2 sho ……..

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LSE:HSBA HSBC. Close Mid-Price: 641.7 Percentage Change: + 1.68% Day High: 644.4 Day Low: 633.1

Further movement against HSBC ABOVE 644.4 should improve acceleration tow ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 53.96 Percentage Change: + 3.02% Day High: 54.02 Day Low: 52.5

Target met. Continued trades against LLOY with a mid-price ABOVE 54.02 sh ……..

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LSE:MMAG Music Magpie Close Mid-Price: 6.5 Percentage Change: -7.14% Day High: 7 Day Low: 6.5

Continued weakness against MMAG taking the price below 6.5 calculates as ……..

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LSE:NWG Natwest. Close Mid-Price: 280.5 Percentage Change: + 2.86% Day High: 281 Day Low: 273.5

Target met. Continued trades against NWG with a mid-price ABOVE 281 shoul ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 417.2 Percentage Change: -5.03% Day High: 438.2 Day Low: 414.4

In the event Ocado Plc experiences weakness below 414.4 it calculates wit ……..

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LSE:TLW Tullow. Close Mid-Price: 34 Percentage Change: + 1.55% Day High: 34.12 Day Low: 33.02

All Tullow needs are mid-price trades ABOVE 34.12 to improve acceleration ……..

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

Lloyds Banking Group Plc (LSE:LLOY) at around 52.38p currently

#Gold #LloydsBank We didn’t skip our three weekly coverage of Lloyds because Easter Monday was a holiday. Because we also got to enjoy a holiday off, our retail bank Monday simply didn’t happen and was utterly forgotten about. However, the share is starting to show some signs of becoming interesting (along with our members of the financial sector) with a result we’re taking a “better late than never” stance, if only due to our target numbers changing.

 

There’s certainly some excitement, perhaps a bit muted, over Lloyds finally breaking the 50p level, even though the movement was carried out by a little bit of manipulation, the share price being gapped up from 50 to 51.1p as March drew toward a close. While some sectors of the financial press as positively drooling at this movement, one even inventing 70p as the next major target, our inclination is to rely on our software as historically it has proven pretty reliable in mapping the retail banks.

Now above just 52.5p currently looks capable of triggering fairly near term gains to an initial 55.5p and perhaps some hesitation, given the share prices behaviour at such a level since 2022. Our longer term secondary, if 55.5p is exceeded, works out at 60.5p and a price level where our logic demands witnessing the share price closing at such a level before being confident of a reasonable future. The 60.5p level is a big deal, marginally exceeding the high pre-pandemic and only once the price actually closes above such a point does it become very probable happier days are ahead.

One mildly important facet of Lloyds current movements is represented by the Blue line on the chart below. This Blue crayon mark shows a downtrend which dates back to the financial crisis of 2009 and for some reason, the market appears to be currently treating it as important, given price movements during the most recent 7 sessions. We can argue closure around the 60.5p level shall be significant, suggesting the price has broken free from the gloom of the big market crash and the doom of the Covid-19 era.

This being the case, we can easily shift into “big picture” mode and suggest ignoring any pundits promoting the idea of a 70p target level. Instead, we are able to calculate a future 89.6p as a viable future ambition.

 

Of course, this is a retail bank, always at the mercy of politicians, economists, and other circus clowns. As a result, below 50p shall now be viewed as dangerous, giving the potential of reversal to an initial 47.3p with our secondary, if broken, at 46p and a hopeful bounce.  One other thing worth remembering, if you wake up during the next few weeks and the market as chosen to gap Lloyds down at the open for any reason, there’s a reasonable excuse for some panic. But for now, we’re quite hopeful.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:04:56PM BRENT 8917.8
9:07:14PM GOLD 2297.3 2265 2254 2239 2276 2299 2301 2313 2289 ‘cess
9:10:24PM FTSE 7926 ‘cess
9:12:53PM STOX50 5064.1
9:14:49PM GERMANY 18361
9:19:59PM US500 5218.6
10:52:39PM DOW 39162.9
10:55:42PM NASDAQ 18178.5 18032 17971 17880 18116 18242 18331 18440 18138 ‘cess
10:58:13PM JAPAN 39979

 

3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%
2/04/2024 FTSE Closed at 7935 points. Change of -0.21%. Total value traded through LSE was: £ 6,396,592,284 a change of 13.98%
28/03/2024 FTSE Closed at 7952 points. Change of 0.26%. Total value traded through LSE was: £ 5,611,823,607 a change of -19.65%
27/03/2024 FTSE Closed at 7931 points. Change of 0.01%. Total value traded through LSE was: £ 6,984,265,081 a change of 6.21%
26/03/2024 FTSE Closed at 7930 points. Change of 0.16%. Total value traded through LSE was: £ 6,575,880,287 a change of 25.5%
25/03/2024 FTSE Closed at 7917 points. Change of -100%. Total value traded through LSE was: £ 5,239,616,873 a change of 0%
22/03/2024 FTSE Closed at 7930 points. Change of 0%. Total value traded through LSE was: £ 5,861,635,918 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:BARC Barclays** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:ITV ITV** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Barclays, Centamin, Capita, MAN, ITV, Music Magpie, Natwest, Ocado Plc, Tullow,


LSE:BARC Barclays. Close Mid-Price: 188.54 Percentage Change: + 2.40% Day High: 189.22 Day Low: 183.52

Further movement against Barclays ABOVE 189.22 should improve acceleratio ……..

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LSE:CEY Centamin. Close Mid-Price: 117.2 Percentage Change: + 2.00% Day High: 117.7 Day Low: 114

In the event of Centamin enjoying further trades beyond 117.7, the share ……..

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LSE:CPI Capita Close Mid-Price: 12.5 Percentage Change: -2.95% Day High: 13.04 Day Low: 12.48

Target met. If Capita experiences continued weakness below 12.48, it will ……..

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LSE:EMG MAN. Close Mid-Price: 274 Percentage Change: + 3.01% Day High: 274.4 Day Low: 265.2

In the event of MAN enjoying further trades beyond 274.4, the share shoul ……..

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LSE:ITV ITV. Close Mid-Price: 74.85 Percentage Change: + 1.77% Day High: 75 Day Low: 73

All ITV needs are mid-price trades ABOVE 75 to improve acceleration towar ……..

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LSE:MMAG Music Magpie Close Mid-Price: 7 Percentage Change: -2.10% Day High: 7.15 Day Low: 6.75

In the event Music Magpie experiences weakness below 6.75 it calculates w ……..

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LSE:NWG Natwest. Close Mid-Price: 272.7 Percentage Change: + 2.10% Day High: 273 Day Low: 266.4

All Natwest needs are mid-price trades ABOVE 273 to improve acceleration ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 439.3 Percentage Change: + 0.78% Day High: 443.3 Day Low: 426.5

Continued weakness against OCDO taking the price below 426.5 calculates a ……..

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LSE:TLW Tullow. Close Mid-Price: 33.48 Percentage Change: + 1.76% Day High: 33.38 Day Low: 32.28

In the event of Tullow enjoying further trades beyond 33.38, the share sh ……..

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