Lloyds Banking Group, an optimistic outlook!!!

#Brent #Germany The UK prime minister appears to be misinterpreting his other job title as ‘Party Leader’, if the latest stories in the media about wine-time party Fridays in Downing St prove to be correct. While many organisations enjoy a ‘dress down’ Friday, promoting ‘rat-arsed’ Fridays could catch on, setting the tone for weekends to assist the hospitality industry. Meanwhile, UK bank LSE:LLOY appears to be enjoying its own little party, finally.

Such has been the depressing regularity of suggesting a target level of 55p for Lloyds, three weeks ago in our most recent update, we didn’t even bother mentioning the target level. Instead, we simply said “Lloyds needs to trade above 48p to aim for any sort of safety”, assuming regular readers didn’t want us to again repeat our target levels. Finally, on January 4th, some magic happened and the share price was gapped up at the open above the 48p trigger, hopefully entering a brave new world for some movement of strength this year.

 

The share price has already achieved our 55p level and we’re especially interested in the effects of the two Red circled areas on the chart. The price was gapped down at the tail of last year, gapped up at the start of this year, in a classic GaGa manouvre, one which is now supposed to promote the idea of a visit to 58.5p being possible. Such a target level should prove especially interesting, visually matching the price level enclosed with the Blue Circle at the start of 2020. We suspect this level shall prove some hesitation and only with closure above 58.5p shall we dare exhibit hope for some solid long term movements with the potential of considerable strength. Visually there’s every expectation of a glass ceiling at the 58.5p level but, the lesson from other world markets has been for hesitation to be brief, then share prices continue to move.

Obviously, as we’re discussing a UK retail bank, we’re slightly cautious with our optimism but with share price movements such as experienced during the last 10 days, it’s difficult not to express hope.

Closure above 58.5p should now make a visit to an initial 63.5p possible with our longer term secondary calculating at an impressive 77p sometime in the future.

 

For things to go horribly wrong for Lloyds, the price needs flop below 44.7p, the level of the previous low, to utterly quash hopes for the future.

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Massive thanks to all the folk who discovered interesting adverts to visit on this page last week. Soon, we will aim for Friday being Wine Day…

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:13:23PM BRENT 85.98 83.38 83.01 81.98 84.84 86.1 87.46 94.73 83 Success
9:27:19PM GOLD 1816.73
9:29:11PM FTSE 7568
9:30:46PM FRANCE 7154 ‘cess
9:39:57PM GERMANY 15940 15830 15777 15672 15922 15973 16016 16077 15877 ‘cess
9:41:33PM US500 4638
9:43:39PM DOW 35762
9:45:52PM NASDAQ 15509 ‘cess
9:48:47PM JAPAN 28298 Success
14/01/2022 FTSE Closed at 7542 points. Change of -0.28%. Total value traded through LSE was: £ 6,434,562,809 a change of 1.01%
13/01/2022 FTSE Closed at 7563 points. Change of 0.16%. Total value traded through LSE was: £ 6,370,299,567 a change of -13.58%
12/01/2022 FTSE Closed at 7551 points. Change of 0.83%. Total value traded through LSE was: £ 7,371,380,208 a change of 17.9%
11/01/2022 FTSE Closed at 7489 points. Change of 0.59%. Total value traded through LSE was: £ 6,252,372,247 a change of -8.66%
10/01/2022 FTSE Closed at 7445 points. Change of -0.53%. Total value traded through LSE was: £ 6,844,878,564 a change of 25.04%
7/01/2022 FTSE Closed at 7485 points. Change of 0.47%. Total value traded through LSE was: £ 5,474,069,038 a change of -10.83%
6/01/2022 FTSE Closed at 7450 points. Change of -0.88%. Total value traded through LSE was: £ 6,138,809,460 a change of 26.57%

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:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:POLY Polymetal** **LSE:RKH Rockhopper** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **

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Updated charts published on : Barclays, BP PLC, British Telecom, 4D Pharma, Diageo, Hikma, HSBC, IQE, ITM Power, Lloyds Grp., Natwest, Ocado Plc, Oxford Instruments, Primary Health, Polymetal, Rockhopper, Spirax, Standard Chartered,

LSE:BARC Barclays Close Mid-Price: 215.5 Percentage Change: -0.74% Day High: 219.6 Day Low: 213.5

All Barclays needs are mid-price trades ABOVE 219.6 to improve accelerati ……..

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LSE:BP. BP PLC. Close Mid-Price: 388.7 Percentage Change: + 1.25% Day High: 391.05 Day Low: 383.6

Target met. Further movement against BP PLC ABOVE 391.05 should improve a ……..

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LSE:BT.A British Telecom. Close Mid-Price: 179.6 Percentage Change: + 0.81% Day High: 181.1 Day Low: 177.25

Continued trades against BT.A with a mid-price ABOVE 181.1 should improve ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 41.95 Percentage Change: -3.56% Day High: 43.1 Day Low: 41.4

Target met. Weakness on 4D Pharma below 41.4 will invariably lead to 38 w ……..

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LSE:DGE Diageo Close Mid-Price: 3717.5 Percentage Change: -1.18% Day High: 3747.5 Day Low: 3711.5

If Diageo experiences continued weakness below 3711.5, it will invariably ……..

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LSE:HIK Hikma Close Mid-Price: 2056 Percentage Change: -0.24% Day High: 2087 Day Low: 2044

Continued weakness against HIK taking the price below 2044 calculates as ……..

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LSE:HSBA HSBC. Close Mid-Price: 516.6 Percentage Change: + 0.70% Day High: 517.5 Day Low: 508.8

Continued trades against HSBA with a mid-price ABOVE 517.5 should improve ……..

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LSE:IQE IQE Close Mid-Price: 31.5 Percentage Change: -5.41% Day High: 34.9 Day Low: 31.7

Continued weakness against IQE taking the price below 31.7 calculates as ……..

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LSE:ITM ITM Power Close Mid-Price: 338 Percentage Change: -5.22% Day High: 361.4 Day Low: 340

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 54.97 Percentage Change: + 1.85% Day High: 55.04 Day Low: 53.42

Target met. Further movement against Lloyds Grp. ABOVE 55.04 should impro ……..

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LSE:NWG Natwest. Close Mid-Price: 249.5 Percentage Change: + 0.52% Day High: 251.1 Day Low: 246.5

In the event of Natwest enjoying further trades beyond 251.1, the share s ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1445 Percentage Change: -4.87% Day High: 1512 Day Low: 1436.5

Target met. If Ocado Plc experiences continued weakness below 1436.5, it ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2260 Percentage Change: -4.03% Day High: 2410 Day Low: 2265

Weakness on Oxford Instruments below 2265 will invariably lead to 2074 wi ……..

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LSE:PHP Primary Health Close Mid-Price: 146.3 Percentage Change: -0.27% Day High: 146.9 Day Low: 145.7

In the event Primary Health experiences weakness below 145.7 it calculate ……..

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LSE:POLY Polymetal Close Mid-Price: 1162.5 Percentage Change: -2.92% Day High: 1211.5 Day Low: 1159

Target met. In the event Polymetal experiences weakness below 1159 it cal ……..

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LSE:RKH Rockhopper. Close Mid-Price: 10.21 Percentage Change: + 6.02% Day High: 10.4 Day Low: 9.82

Further movement against Rockhopper ABOVE 10.4 should improve acceleratio ……..

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LSE:SPX Spirax Close Mid-Price: 13430 Percentage Change: -3.38% Day High: 13945 Day Low: 13495

Target met. Weakness on Spirax below 13495 will invariably lead to 13054 ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 523.2 Percentage Change: + 2.31% Day High: 524 Day Low: 509.8

In the event of Standard Chartered enjoying further trades beyond 524, th ……..

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

Our famous FTSE for FRIDAY

#FreeFutures The section of Google News labelled “Entertainment” can prove quite telling. Currently, among all the 3rd rate celeb gossip, there are links to Boris Johnston antics, along with Prince Andrew commentary. It certainly gives a clue as to how events in the UK are rated internationally, even giving a really funny headline; ‘The Andrew Formerly Known As Prince’. However, it’s pleasing to note the UK’s FTSE no longer deserves inclusion in the funny section of Google.

With the FTSE now trading above the pre-pandemic level on 7,550, we’re hopeful the UK follows the rest of the world in copying what happened next. For instance, France & Germany enjoy markets which have grown 20% since exceeding their respective highs, Wall St also painting a 20% gain while the S&P and Nasdaq vary between 33 and 50% growth. Obviously, the world doesn’t lack pundits who’ve been complaining the growth rates are unsustainable, making us wonder how many years something needs stay positive before they admit their attitude was incorrect!

 

For the UK to follow the French and German models, we should now be planning for a period of growth on the FTSE, perhaps to around the 9,000 point level. Certainly, when we balance such optimism against current headlines (Prince Andrew, Boris, worst Covid death rate, China spies, more Boris, someone leaving East Enders, etc), it becomes difficult to pretend confidence for the future. However, other countries appear to be flourishing, despite their own infestation of domestic drama. Perhaps we are finally witnessing a proper separation between the Entertainment sector (Politics) and the Business sector. Certainly, the USA managed to perform quite nicely, perhaps despite Mr Trump.

However, we do intend stick to our rhetoric and anticipate some proper FTSE 100 hesitation around the 8,100 point level, despite how the rest of the world performed once each country exceeding their pre-pandemic high during the last 18 months.

 

Near term, above 7,568 points calculates with the potential of ongoing recovery to an initial 7,613 points. If bettered, we can suggest a secondary at 7,636 points as a viable ambition. To be honest, we must regard the current cycle as pointing toward 7,730 points, hopefully appearing within living memory. Despite this first complete week of the year as producing positive movements, the FTSE certainly hasn’t been flamboyant with outlandish daily rises. The index needs below 7,422 to spoil the immediate party.

For a real issue to enter the frame, the UK index needs now retreat below Blue on the chart, this being a downtrend which dates back to the start of 2020. Visually, there can be little doubt the market regards this line as important and currently, the FTSE needs below 7,373 to suggest some blunt force trauma threatens. Such a triggering sensation risks promoting sharp reversal to an initial 7,279 with secondary, if broken, at 7,173 and hopefully a bounce.

Once again, our thanks to the nice folk who discover adverts on this page worthy of a visit. It buys us a coffee!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:44:16PM BRENT 83.54 83.4 83.155 84.46 84.84 85.36 83.67
9:45:58PM GOLD 1822 1812 1807 1822 1828 1833 1818
9:48:14PM FTSE 7530 7521 7518 7544 7572 7585 7536 ‘cess
10:06:41PM FRANCE 7170 7161 7146 7208 7251 7263 7201 ‘cess
10:08:41PM GERMANY 15918 15886 15853 15990 16093 16160 15960 Shambles
10:11:04PM US500 4661.6 4636 4602 4682 4743 4769 4707 Success
10:13:00PM DOW 36119 36037 35979 36230 36524 36586 36240 ‘cess
10:17:03PM NASDAQ 15506 15470 15396 15611 15729 15734 15603 Success
10:20:05PM JAPAN 28285 28241 28183 28462 28665 28710 28438 Success
13/01/2022 FTSE Closed at 7563 points. Change of 0.16%. Total value traded through LSE was: £ 6,370,299,567 a change of -13.58%
12/01/2022 FTSE Closed at 7551 points. Change of 0.83%. Total value traded through LSE was: £ 7,371,380,208 a change of 17.9%
11/01/2022 FTSE Closed at 7489 points. Change of 0.59%. Total value traded through LSE was: £ 6,252,372,247 a change of -8.66%
10/01/2022 FTSE Closed at 7445 points. Change of -0.53%. Total value traded through LSE was: £ 6,844,878,564 a change of 25.04%
7/01/2022 FTSE Closed at 7485 points. Change of 0.47%. Total value traded through LSE was: £ 5,474,069,038 a change of -10.83%
6/01/2022 FTSE Closed at 7450 points. Change of -0.88%. Total value traded through LSE was: £ 6,138,809,460 a change of 26.57%
5/01/2022 FTSE Closed at 7516 points. Change of -100%. Total value traded through LSE was: £ 4,850,064,854 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:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IPF International Personal Finance** **LSE:LLOY Lloyds Grp.** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **

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Updated charts published on : Barclays, Barrett Devs, BP PLC, Carnival, 4D Pharma, Diageo, Glencore Xstra, Hikma, HSBC, International Personal Finance, Lloyds Grp., Ocado Plc, Primary Health, Spirax, Standard Chartered,

LSE:BARC Barclays. Close Mid-Price: 217.1 Percentage Change: + 2.50% Day High: 217.15 Day Low: 211.35

Target met. In the event of Barclays enjoying further trades beyond 217.1 ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 684.8 Percentage Change: -0.03% Day High: 687.6 Day Low: 667

Target met. Continued weakness against BDEV taking the price below 667 ca ……..

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LSE:BP. BP PLC. Close Mid-Price: 383.9 Percentage Change: + 0.64% Day High: 383.85 Day Low: 378.65

Target met. Continued trades against BP. with a mid-price ABOVE 383.85 sh ……..

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LSE:CCL Carnival. Close Mid-Price: 1522 Percentage Change: + 4.15% Day High: 1523.4 Day Low: 1448.4

Further movement against Carnival ABOVE 1523.4 should improve acceleratio ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 43.5 Percentage Change: -5.54% Day High: 45.95 Day Low: 42.95

Continued weakness against DDDD taking the price below 42.95 calculates a ……..

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LSE:DGE Diageo Close Mid-Price: 3762 Percentage Change: -0.73% Day High: 3787 Day Low: 3741

Continued weakness against DGE taking the price below 3741 calculates as ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 406.1 Percentage Change: + 1.21% Day High: 408.55 Day Low: 399.3

Continued trades against GLEN with a mid-price ABOVE 408.55 should improv ……..

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LSE:HIK Hikma Close Mid-Price: 2061 Percentage Change: -0.91% Day High: 2093 Day Low: 2052

Target met. If Hikma experiences continued weakness below 2052, it will i ……..

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LSE:HSBA HSBC. Close Mid-Price: 513 Percentage Change: + 2.35% Day High: 513.9 Day Low: 501

Further movement against HSBC ABOVE 513.9 should improve acceleration tow ……..

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LSE:IPF International Personal Finance Close Mid-Price: 137.8 Percentage Change: -3.23% Day High: 147.8 Day Low: 136.6

In the event of International Personal Finance enjoying further trades be ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 53.97 Percentage Change: + 1.49% Day High: 54.07 Day Low: 52.94

All Lloyds Grp. needs are mid-price trades ABOVE 54.07 to improve acceler ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1519 Percentage Change: -0.52% Day High: 1556.5 Day Low: 1513

In the event Ocado Plc experiences weakness below 1513 it calculates with ……..

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LSE:PHP Primary Health Close Mid-Price: 146.7 Percentage Change: -2.13% Day High: 148.8 Day Low: 147

Weakness on Primary Health below 147 will invariably lead to 144p pretty ……..

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LSE:SPX Spirax Close Mid-Price: 13900 Percentage Change: -4.10% Day High: 14450 Day Low: 13975

Target met. Continued weakness against SPX taking the price below 13975 c ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 511.4 Percentage Change: + 2.16% Day High: 511.6 Day Low: 497.3

Target met. Further movement against Standard Chartered ABOVE 511.6 shoul ……..

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

Petrofac, a Strong Buy?

#CAC40 #SP500 The Oil & Gas sector is again looking fairly vibrant and as a result, we’ve opted to run the numbers against #Petrofac, a pretty large company who describe themselves as a Leading International service provider to the energy industry. A glance at their website reveals a fairly intimidating range of activities, giving a quite firm impression if the oil sectors are doing well, so shall Petrofac.

This being the case, the share price (presently around 135p) looks poised to produce something useful. It’s worth remembering this share was trading around 400p, prior to the Covid-19 crash and thankfully, reversals failed to breach the critical (according to our calculations) 90p level.  Repeated attempts managed to produce a low of 90.9p and now, according to the chart since 2013, a degree of optimism is possible.

 

Above just 140p should prove interesting, working out as capable of triggering some price recovery to an initial 161p. Our secondary calculation proves more promising, coming in with an ambition (if our initial target is bettered) at a longer term 190p. This secondary target is pretty important, hopefully able to allow the share price to close a session above 182p. Such an event is liable to prove game changing for the future, essentially allowing the share price to react against the dreadful downtrend since 2013, ideally provoking a strong recovery cycle.

Currently, what’s of some special interest is the sheer number of major “oilers” being rated as Strong Buy by the usual suspects in the marketplace. We’re being a little cautious with this one in allocating a trigger level 5p above the current price level but, according to our software, we should look favourably on this share should it find sufficient excuse to trade above our 140p trigger. As for the “Really Big Picture”, if the price manages to close above 182p, we should apparently anticipate a cycle where a virtual challenge to pre-pandemic levels calculates as possible. Apparently, if it ever manages to trade above 376p, we shall need give the tea leaves a long hard look.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:02:45PM BRENT 84.38 ‘cess
10:05:38PM GOLD 1827.6
10:08:00PM FTSE 7550.57 Success
10:10:00PM FRANCE 7233.5 7181 7174 7148 7239 7252 7300 7368 7200
10:11:55PM GERMANY 16012.61
10:21:25PM US500 4728 4702 4684 4663 4728 4748 4758 4818 4702 ‘cess
10:24:08PM DOW 36304 ‘cess
10:26:43PM NASDAQ 15900 ‘cess
10:41:41PM JAPAN 28663 Success
12/01/2022 FTSE Closed at 7551 points. Change of 0.83%. Total value traded through LSE was: £ 7,371,380,208 a change of 17.9%
11/01/2022 FTSE Closed at 7489 points. Change of 0.59%. Total value traded through LSE was: £ 6,252,372,247 a change of -8.66%
10/01/2022 FTSE Closed at 7445 points. Change of -0.53%. Total value traded through LSE was: £ 6,844,878,564 a change of 25.04%
7/01/2022 FTSE Closed at 7485 points. Change of 0.47%. Total value traded through LSE was: £ 5,474,069,038 a change of -10.83%
6/01/2022 FTSE Closed at 7450 points. Change of -0.88%. Total value traded through LSE was: £ 6,138,809,460 a change of 26.57%
5/01/2022 FTSE Closed at 7516 points. Change of 0.15%. Total value traded through LSE was: £ 4,850,064,854 a change of -31.07%
4/01/2022 FTSE Closed at 7505 points. Change of -100%. Total value traded through LSE was: £ 7,036,052,579 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:AGM Applied Graphene** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:POG Petrop etc** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Applied Graphene, Aviva, Barclays, Barrett Devs, BP PLC, Diageo, ECO (Atlantic) O & G, Gulf Keystone, Glencore Xstra, Ocado Plc, Omega Diags, Petrop etc, Standard Chartered,

LSE:AGM Applied Graphene. Close Mid-Price: 21.5 Percentage Change: + 0.00% Day High: 22 Day Low: 20.45

Target met. Continued weakness against AGM taking the price below 20.45 c ……..

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LSE:AV. Aviva Close Mid-Price: 435 Percentage Change: -0.21% Day High: 439 Day Low: 433.3

Continued trades against AV. with a mid-price ABOVE 439 should improve th ……..

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LSE:BARC Barclays. Close Mid-Price: 211.8 Percentage Change: + 2.32% Day High: 212.2 Day Low: 209.05

Further movement against Barclays ABOVE 212.2 should improve acceleration ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 685 Percentage Change: -3.39% Day High: 707.8 Day Low: 683

Weakness on Barrett Devs below 683 will invariably lead to 671 with secon ……..

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LSE:BP. BP PLC. Close Mid-Price: 381.45 Percentage Change: + 3.21% Day High: 382.8 Day Low: 372.95

Target met. All BP PLC needs are mid-price trades ABOVE 382.8 to improve ……..

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LSE:DGE Diageo Close Mid-Price: 3789.5 Percentage Change: -0.41% Day High: 3825.5 Day Low: 3772

In the event Diageo experiences weakness below 3772 it calculates with a ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 27 Percentage Change: + 12.50% Day High: 27.5 Day Low: 24.75

Continued trades against ECO with a mid-price ABOVE 27.5 should improve t ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 212 Percentage Change: + 1.44% Day High: 219 Day Low: 203.5

Target met. In the event of Gulf Keystone enjoying further trades beyond ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 401.25 Percentage Change: + 3.47% Day High: 401.9 Day Low: 391

All Glencore Xstra needs are mid-price trades ABOVE 401.9 to improve acce ……..

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LSE:HSBA HSBC. Close Mid-Price: 501.2 Percentage Change: + 1.25% Day High: 500.7 Day Low: 495.95

In the event of HSBC enjoying further trades beyond 500.7, the share shou ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1527 Percentage Change: -2.86% Day High: 1590.5 Day Low: 1519.5

Continued weakness against OCDO taking the price below 1519.5 calculates ……..

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LSE:ODX Omega Diags Close Mid-Price: 17.75 Percentage Change: -4.05% Day High: 18.75 Day Low: 17.25

In the event Omega Diags experiences weakness below 17.25 it calculates w ……..

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LSE:POG Petrop etc Close Mid-Price: 18 Percentage Change: -0.66% Day High: 18.65 Day Low: 16.01

Target met. If Petrop etc experiences continued weakness below 16.01, it ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 500.6 Percentage Change: + 1.58% Day High: 500 Day Low: 489.5

Continued trades against STAN with a mid-price ABOVE 500 should improve t ……..

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

JD Sports, climbing to more success?

#FTSE #WallSt Due to issue a trading update to the markets on Wednesday 11th Jan, we’ve received just a few email requests asking if we’d cover this share. Surprisingly, it had also popped up on our radar, suddenly being shown as a “Strong Buy” amongst a few analysts too. In some ways it stood out as a sore thumb, the most common “Strong Buy” allocations across Europe being designated toward oil companies. Even BP are starting to look interesting, if their share price exceeds 386p!

However, JD Sports also fascinate us for quite a different reason.

Since 2014, the share price has been diluted three times! We despise the converse movement by the market place, a familiar strategy, mostly on the AIM market, intended to make a struggling share price suddenly look a bit more respectable. Importantly, it’s not just the AIM enacting such reprehensible behaviour. Natwest (aka RBS) boosted their share price ten-fold a few years ago, taking back ten old shares and issuing one new share in an ill-fated attempt to conceal the harsh reality of the bank value. But when we see companies doing the opposite, essentially attempting to conceal their strength, those companies tend grow from strength to strength. From Apple, Tesla, Google, this behaviour has become the mark of something we tend feel worth sitting back and watching.

JD Sports first played this game in 2014, issuing 4 shares for every existing share. This quartered the share price. Two years later in 2016, they issued 5 shares for every existing share, diluting the price by 80%. Once again, as 2021 drew to a close, the share price was again returned to sensible levels, a further 5 shares issued for each existing share. Unless our calculations are horribly wrong, the “true” value of JD Sports would work out around 60 quid per share, if measured in pre-2014 money. As the chart below highlights, on each occasion JD Sports diluted the number of shares in issue, the share price has gone from strength to strength and this perhaps allows considerable optimism.

However, with the company issuing a trading update, doubtless boasting of how well their Xmas season went, it certainly appears their share price may be worth watching.

 

Presently trading around 219p, the share price needs exceed 224p to hopefully trigger movement upward to an initial 249p. With the price adjusted chart below, this will paint a new all time high, justifying us calculating a longer term secondary at an eventual 275p. Our conventional logic would normally indicate the risk of hesitation at this secondary level but, thanks to the repeat changes in the numbers of shares in issue, we shall simple promise to take a further look, if 275p ever makes an appearance.

For things to go wrong, the share price needs below 200p to bring the potential of trouble, allowing reversal to an initial 173 with secondary, if broken, at a hopeful trampoline level of 167p.

Many thanks to the kind folk who discovered fascinating adverts on this page. Every little click helps keep the coffee flowing!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:47:15PM BRENT 83.32 Success
9:49:29PM GOLD 1823.39 Success
9:51:46PM FTSE 7517.75 7457 7429 7397 7500 7521 7529 7565 7491
9:53:56PM FRANCE 7214.2
9:57:52PM GERMANY 16004 ‘cess
10:00:02PM US500 4713.85 ‘cess
10:25:34PM DOW 36251.4 36002 35935 35823 36096 36286 36358 36596 36006
10:27:57PM NASDAQ 15834 ‘cess
10:30:36PM JAPAN 28458
11/01/2022 FTSE Closed at 7489 points. Change of 0.59%. Total value traded through LSE was: £ 6,252,372,247 a change of -8.66%
10/01/2022 FTSE Closed at 7445 points. Change of -0.53%. Total value traded through LSE was: £ 6,844,878,564 a change of 25.04%
7/01/2022 FTSE Closed at 7485 points. Change of 0.47%. Total value traded through LSE was: £ 5,474,069,038 a change of -10.83%
6/01/2022 FTSE Closed at 7450 points. Change of -0.88%. Total value traded through LSE was: £ 6,138,809,460 a change of 26.57%
5/01/2022 FTSE Closed at 7516 points. Change of 0.15%. Total value traded through LSE was: £ 4,850,064,854 a change of -31.07%
4/01/2022 FTSE Closed at 7505 points. Change of 1.64%. Total value traded through LSE was: £ 7,036,052,579 a change of 378.45%
31/12/2021 FTSE Closed at 7384 points. Change of -100%. Total value traded through LSE was: £ 1,470,600,972 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:AV. Aviva** **LSE:AVCT Avacta** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:GKP Gulf Keystone** **LSE:ODX Omega Diags** **LSE:POG Petrop etc** **LSE:PPC President Energy** **

********

Updated charts published on : Aviva, Avacta, Darktrace Plc, 4D Pharma, Diageo, ECO (Atlantic) O & G, Gulf Keystone, Omega Diags, Petrop etc, President Energy,

LSE:AV. Aviva. Close Mid-Price: 435.9 Percentage Change: + 0.46% Day High: 437.1 Day Low: 433

Further movement against Aviva ABOVE 437.1 should improve acceleration to ……..

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LSE:AVCT Avacta Close Mid-Price: 75 Percentage Change: -2.60% Day High: 77.75 Day Low: 67.25

Target met. Weakness on Avacta below 67.25 will invariably lead to 57 wit ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 422 Percentage Change: + 6.89% Day High: 495.2 Day Low: 420

Target met. Continued trades against DARK with a mid-price ABOVE 495.2 sh ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 43.5 Percentage Change: -4.08% Day High: 45.75 Day Low: 43

If 4D Pharma experiences continued weakness below 43, it will invariably ……..

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LSE:DGE Diageo Close Mid-Price: 3805 Percentage Change: -1.13% Day High: 3868.5 Day Low: 3790.5

Target met. Weakness on Diageo below 3790.5 will invariably lead to 3700 ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 24 Percentage Change: + 6.67% Day High: 25.5 Day Low: 22.5

Target met. All ECO (Atlantic) O & G needs are mid-price trades ABOVE 25. ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 209 Percentage Change: + 4.50% Day High: 209 Day Low: 200

Continued trades against GKP with a mid-price ABOVE 209 should improve th ……..

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LSE:ODX Omega Diags Close Mid-Price: 18.5 Percentage Change: -10.84% Day High: 20.75 Day Low: 18.25

Weakness on Omega Diags below 18.25 will invariably lead to 15 with secon ……..

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LSE:POG Petrop etc Close Mid-Price: 18.12 Percentage Change: -0.49% Day High: 18.37 Day Low: 17.18

Continued weakness against POG taking the price below 17.18 calculates as ……..

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LSE:PPC President Energy Close Mid-Price: 1.75 Percentage Change: -2.78% Day High: 1.85 Day Low: 1.75

Target met. Weakness on President Energy below 1.75 will invariably lead ……..

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

Will Galantas Gold shine?

#Gold #SP500 Northern Ireland gold producer, #Galantas, appears to be enjoying the favour of the markets currently. The share price, cheerfully ignoring the current hiatus which seems to be infecting gold values, recently enjoyed a series of fairly positive sessions, making us wonder if something is brewing for the future. Historically Galantas share price suffered from enhanced speculation for the future but now, the company are actually mining underground, boasting of a 2km underground development.

Hopefully future price movements shall be based on production numbers, rather than ‘enhanced speculation’ among internet chatrooms.

A visit to the corporate website proved suitably impressive, a large mining area very reminiscent visually of operations shown on telly’s ‘Gold Rush’ documentary series, one of our guilty secrets every Friday evening on the Discovery Channel. Hopefully the mine doesn’t the weather extremes of Alaska and Canada.

 

Presently trading around 34p, it appears the share need only exceed 35.5p to suggest some happy days ahead. Share price movements, since the 10:1 split last year, generally prove quite reliable, and the situation now appears to be of movement above 35.5p being capable of triggering some strong movement to an initial 49p with secondary, if exceeded, working out at a longer term 63p. These are obviously fairly large jumps but appear made possible by the strength of historical declines, each time the share reached an unsustainable high. However, we would prefer the price actually closes a session above the Blue downtrend on the chart, just to make ongoing upward travel difficult to derail.

For panic to raise its ugly head, the share price currently would need slump below RED on the chart as the reversal consequences look pretty extreme.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:49:17PM BRENT 80.75 ‘cess
11:51:55PM GOLD 1802.15 1790 1780 1763 1803 1803 1806 1814 1790 ‘cess
11:54:18PM FTSE 7478.8
11:56:36PM FRANCE 7159.5 ‘cess
12:00:06AM GERMANY 15881.49 ‘cess
12:09:45AM US500 4677.87 4630 4579 4500 4688 4685 4693 4731 4631 Success
12:12:53AM DOW 36088 ‘cess
12:15:53AM NASDAQ 15650 Success

 

10/01/2022 FTSE Closed at 7445 points. Change of -0.53%. Total value traded through LSE was: £ 6,844,878,564 a change of 25.04%
7/01/2022 FTSE Closed at 7485 points. Change of 0.47%. Total value traded through LSE was: £ 5,474,069,038 a change of -10.83%
6/01/2022 FTSE Closed at 7450 points. Change of -0.88%. Total value traded through LSE was: £ 6,138,809,460 a change of 26.57%
5/01/2022 FTSE Closed at 7516 points. Change of 0.15%. Total value traded through LSE was: £ 4,850,064,854 a change of -31.07%
4/01/2022 FTSE Closed at 7505 points. Change of 1.64%. Total value traded through LSE was: £ 7,036,052,579 a change of 378.45%
31/12/2021 FTSE Closed at 7384 points. Change of -0.26%. Total value traded through LSE was: £ 1,470,600,972 a change of -36.25%
30/12/2021 FTSE Closed at 7403 points. Change of -100%. Total value traded through LSE was: £ 2,306,886,388 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:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **

********

Updated charts published on : AFC Energy, Aviva, Avacta, Barclays, Barrett Devs, BP PLC, Carclo, 4D Pharma, Diageo, ECO (Atlantic) O & G, EasyJet, Fresnillo, HSBC, IG Group, ITM Power, Marks and Spencer, Natwest, Ocado Plc, Omega Diags, Rolls Royce, Serco, Standard Chartered, Tern Plc,

LSE:AFC AFC Energy Close Mid-Price: 42.35 Percentage Change: -3.64% Day High: 45.5 Day Low: 41.4

Target Met. This risks becoming a little dodgy as weakness now below 41 su ……..

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LSE:AV. Aviva. Close Mid-Price: 433.9 Percentage Change: + 0.42% Day High: 436 Day Low: 431.1

In the event of Aviva enjoying further trades beyond 436, the share should ……..

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LSE:AVCT Avacta Close Mid-Price: 77 Percentage Change: -33.62% Day High: 98 Day Low: 77.5

Target Met. Oh dear, this got messy but the writing has been on the wall f ……..

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LSE:BARC Barclays. Close Mid-Price: 207.9 Percentage Change: + 1.29% Day High: 209.8 Day Low: 205.05

Target Met. Movement continuing above 210 suggests an initial 218. Crucial ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 699.6 Percentage Change: -4.87% Day High: 727.4 Day Low: 696.6

This is suddenly a little unhappy as below 696 risks triggering ongoing tr ……..

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LSE:BP. BP PLC. Close Mid-Price: 363.05 Percentage Change: + 0.14% Day High: 369.3 Day Low: 361.85

Target Met. Now above 371 should trigger traffic toward 378 next. If bette ……..

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LSE:CAR Carclo Close Mid-Price: 34.75 Percentage Change: -7.33% Day High: 36.1 Day Low: 33.5

Below just 33 still looks troubling, suggesting coming weakness to 22 with ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 45.35 Percentage Change: -3.51% Day High: 47.95 Day Low: 44.55

Target Met. Now below 44 suggests weakness to 41 with secondary, if (when) ……..

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LSE:DGE Diageo Close Mid-Price: 3848.5 Percentage Change: -0.67% Day High: 3880 Day Low: 3839.5

Continued weakness against DGE taking the price below 3839 calculates as l ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 22.5 Percentage Change: + 7.14% Day High: 22.5 Day Low: 20.95

Above 22.5 remains pointing at 24 with secondary, if exceeded, a visually ……..

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LSE:EZJ EasyJet. Close Mid-Price: 633.8 Percentage Change: + 1.93% Day High: 647.4 Day Low: 627.4

Further movement against EasyJet ABOVE 648 should improve acceleration tow ……..

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LSE:FRES Fresnillo Close Mid-Price: 803.8 Percentage Change: -1.95% Day High: 828.2 Day Low: 798.2

If Fresnillo experiences continued weakness below 798, it will invariably ……..

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LSE:HSBA HSBC. Close Mid-Price: 492 Percentage Change: + 2.01% Day High: 493.55 Day Low: 483.4

Target Met. Continued trades against HSBA with a mid-price ABOVE 494 shoul ……..

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LSE:IGG IG Group. Close Mid-Price: 829.5 Percentage Change: + 0.24% Day High: 841.5 Day Low: 824.5

In the event of IG Group enjoying further trades beyond 842, the share sho ……..

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LSE:ITM ITM Power Close Mid-Price: 347.6 Percentage Change: -4.66% Day High: 370 Day Low: 346.8

If ITM Power experiences continued weakness below 346, it will invariably ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 253.7 Percentage Change: -1.13% Day High: 263 Day Low: 253.2

Target Met. Now above 263 calculates with the potential of 280 next with s ……..

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LSE:NWG Natwest. Close Mid-Price: 247 Percentage Change: + 0.20% Day High: 249.6 Day Low: 246.4

Further movement against Natwest ABOVE 250 should improve acceleration tow ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1547.5 Percentage Change: -0.80% Day High: 1565.5 Day Low: 1523

This is looking a bit problematic as weakness below 1523 currently promote ……..

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LSE:ODX Omega Diags Close Mid-Price: 20.75 Percentage Change: -2.35% Day High: 22 Day Low: 19

If Omega Diags experiences continued weakness below 19, it will invariably ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 127.66 Percentage Change: + 0.41% Day High: 129.62 Day Low: 126.22

Above 130 hints at further price recovery to an initial 132 with secondary ……..

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LSE:SRP Serco Close Mid-Price: 138 Percentage Change: -0.50% Day High: 138.5 Day Low: 134.6

Above just 140 should now give hope, allowing for an initial 150 with seco ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 492.5 Percentage Change: + 1.13% Day High: 495.6 Day Low: 490

All Standard Chartered needs are mid-price trades ABOVE 496 to improve acc ……..

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LSE:TERN Tern Plc. Close Mid-Price: 12.5 Percentage Change: + 4.17% Day High: 12.75 Day Low: 11.75

There is quite a lot to dislike about recent movements with Tern. Current ……..

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

Barclays & The Big Bad Banking Sector

#Brent #Dax When we previously reviewed Barclays just over a month ago, we wound up our report by mentioning we believe the share price intended a visit to 217p. However, in a month quite a lot can change. Though perhaps quite a little, rather than quite a lot, when discussing the UK’s retail banking sector!

However, a glance at the Banks Index part of the FTSE, memorably named as the FTSE:NMX301010, actually gives reasonable cause for hope. The sector has accelerated through the Blue downtrend since 2018 and is now illustrating a series of highs. As a result, the immediate situation is encouraging as movement above 3,308 points now allows for further recovery to 3,426 points with secondary, if bettered, at 3,673 points. This secondary clashes quite neatly with the pre-covid high in February 2020 and we suspect, if attained, represents a level at which we should expect some hesitation in the banking sector. Things only become interesting for the longer term with CLOSURE above 3,673 points as a strong argument can be made for ongoing travel to 4,448 points.

What has this to do with Barclays Plc?

 

Essentially, when the banking sector as a whole develops some slight angst around the 3,400 level, whatever price level Barclays finds itself languishing is also doubtless going to prove itself capable of some hesitation. In the case of Barclays, we’re a little conflicted thanks to a couple of variable arguments.

Near term, above 207.5p should now make an attempt at 218p next. We’re already pretty certain the bank share price intends a visit to this level. Closure above 218p should prove interesting, allowing a visit to a future 240p. It’s the 240p level we suspect shall prove capable of some grief, probably matching our ambition of 3,673 or so for the Banking Sector.

Visually, Barclays share price has quite a lot going for it currently, already trading higher than the pre-pandemic high and now painting a series of “higher highs” on the chart below.

If things intend go pear shaped, the bank currently needs trade below 175p to generate a serious level of concern. Our inclination is to remain viewing Barclays favourably, at least until 240p makes an appearance. Goodness knows how long it may take!

Once again, a huge thanks to the nice folk who discover fascinating adverts on this page worthy of a visit. It keeps the coffee flowing!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:06:41PM BRENT 81.57 81.2 80.76 80.08 81.9 82.8 83.2 84.28 79.4 ‘cess
8:08:50PM GOLD 1796.07 1792 ‘cess
8:11:01PM FTSE 7490.66 7428
8:13:03PM FRANCE 7228.2 7172 ‘cess
9:01:57PM GERMANY 15951.77 15856 15799 15635 15971 16063 16133 16224 15925 Success
9:04:01PM US500 4690.12 4661
9:06:19PM DOW 36344.8 36104 ‘cess
9:09:00PM NASDAQ 15646 15517
9:12:15PM JAPAN 28402 28376 Success

 

7/01/2022 FTSE Closed at 7485 points. Change of 0.47%. Total value traded through LSE was: £ 5,474,069,038 a change of -10.83%
6/01/2022 FTSE Closed at 7450 points. Change of -0.88%. Total value traded through LSE was: £ 6,138,809,460 a change of 26.57%
5/01/2022 FTSE Closed at 7516 points. Change of 0.15%. Total value traded through LSE was: £ 4,850,064,854 a change of -31.07%
4/01/2022 FTSE Closed at 7505 points. Change of 1.64%. Total value traded through LSE was: £ 7,036,052,579 a change of 378.45%
31/12/2021 FTSE Closed at 7384 points. Change of -0.26%. Total value traded through LSE was: £ 1,470,600,972 a change of -36.25%
30/12/2021 FTSE Closed at 7403 points. Change of -100%. Total value traded through LSE was: £ 2,306,886,388 a change of 0%
29/12/2021 FTSE Closed at 7420 points. Change of 0%. Total value traded through LSE was: £ 3,844,071,499 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:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:DDDD 4D Pharma** **LSE:DGE Diageo** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:STAN Standard Chartered** **LSE:VOG VICTORIA** **

********

Updated charts published on : Aviva, BALFOUR BEATTY, BP PLC, 4D Pharma, Diageo, Fresnillo, Hikma, HSBC, ITM Power, Lloyds Grp., Marks and Spencer, Natwest, Polymetal, President Energy, Standard Chartered, VICTORIA,

LSE:AV. Aviva. Close Mid-Price: 432.1 Percentage Change: + 1.46% Day High: 432.2 Day Low: 425.8

In the event of Aviva enjoying further trades beyond 432.2, the share sho ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 270.2 Percentage Change: -1.10% Day High: 279.6 Day Low: 268.4

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LSE:BP. BP PLC. Close Mid-Price: 362.55 Percentage Change: + 2.08% Day High: 362.45 Day Low: 356.45

Target met. Further movement against BP PLC ABOVE 362.45 should improve a ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 47 Percentage Change: -6.37% Day High: 50.1 Day Low: 46.25

Weakness on 4D Pharma below 46.25 will invariably lead to 44 with seconda ……..

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LSE:DGE Diageo Close Mid-Price: 3874.5 Percentage Change: -2.61% Day High: 3958 Day Low: 3860.5

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LSE:FRES Fresnillo Close Mid-Price: 819.8 Percentage Change: -0.10% Day High: 827.2 Day Low: 805

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LSE:HIK Hikma. Close Mid-Price: 2134 Percentage Change: + 0.42% Day High: 2129 Day Low: 2087

Weakness on Hikma below 2087 will invariably lead to 2082 with secondary ……..

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LSE:HSBA HSBC. Close Mid-Price: 482.3 Percentage Change: + 0.85% Day High: 482.6 Day Low: 475.8

Continued trades against HSBA with a mid-price ABOVE 482.6 should improve ……..

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LSE:ITM ITM Power. Close Mid-Price: 364.6 Percentage Change: + 0.44% Day High: 375.6 Day Low: 357.6

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 52.84 Percentage Change: + 1.62% Day High: 53.18 Day Low: 52.11

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LSE:MKS Marks and Spencer. Close Mid-Price: 256.6 Percentage Change: + 2.27% Day High: 258.9 Day Low: 251.4

Continued trades against MKS with a mid-price ABOVE 258.9 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 246.5 Percentage Change: + 1.19% Day High: 247.3 Day Low: 241.6

Target met. Further movement against Natwest ABOVE 247.3 should improve a ……..

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LSE:POLY Polymetal Close Mid-Price: 1194 Percentage Change: -0.54% Day High: 1205 Day Low: 1184.5

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LSE:PPC President Energy Close Mid-Price: 1.8 Percentage Change: -6.49% Day High: 1.94 Day Low: 1.8

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LSE:STAN Standard Chartered. Close Mid-Price: 487 Percentage Change: + 2.03% Day High: 488 Day Low: 476.9

All Standard Chartered needs are mid-price trades ABOVE 488 to improve ac ……..

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LSE:VOG VICTORIA. Close Mid-Price: 4.5 Percentage Change: + 20.00% Day High: 4.85 Day Low: 3.75

Target met. Continued trades against VOG with a mid-price ABOVE 4.85 shou ……..

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

Our popular FTSE for FRIDAY & Wall St too

It’s quite curious how both the FTSE, along with Wall St, each managed to attain pretty important target levels at the start of 2022. These levels had been calculated as viable since the lows of March 2020 and we were inclined to anticipate some hesitation across the markets, if they made an appearance.

What really surprises us is the coincidence of each market reaching similar milestones at the same time, despite the trading patterns on the FTSE and Wall St being utterly different. If there were any true similarity between the two index’, the FTSE would currently be trading around 9,600 points, rather than the 7450 level. Alternately, if Wall St were exhibiting similar lack of strength to the FTSE, that particular index would presently be trading around 28,000 points rather than 36,000. Yet, for some mysterious reason, both markets reached a level we regard (from a Big Picture perspective) as pretty important, perhaps explaining the currently case of volatility.

For Wall St, the immediate situation sounds serious as weakness next below 36,200 calculates with a reversal potential toward 36,542 points. We’ve a pretty strong argument hoping for a bounce at such a level, ideally just above this target. But if 36,542 breaks, we can work out a “bottom” potential down at 34,900 points or so. It’s amazing to note such a “bottom” also virtually coincides with the Red uptrend since March 2020, again providing an argument for some sort of bounce.

However, despite these slightly gloomy potentials, it’s worth remembering until such time Red breaks on the Wall St chart, the market has marginally exceeded our Big Picture target level and this tends imply the index is in an uptrend. If this is indeed the case, anything next above 36,955 shall be regarded with impressive potentials, allowing growth to an initial 37,880 with secondary, if bettered, now at 40,080 points sometime in the future. We do expect a degree of hysterics and volatility, if the 40,000 level makes an appearance.

As for the FTSE, the recent visit to 7,530 was fascinating, taking the index into an important region where the Big Picture demanded the index close a session above 7,518 points to promise a future of wine and roses. Alas, on the day, the best the FTSE could offer was closing at 7,516 points on Wednesday with Thursday providing a logical slight reversal. We take considerable hope from Wednesdays high of 7,530. Movement now above such a level (or closure above 7,518 points) now confirms a Big Picture potential of future movement to 7,696 points. If exceeded, our longer term secondary comes in at 8,080 points.

Even from an immediate stance, above just 7,496 points apparently should attempt near term growth to 7,536 points. Obviously, such a target again exceeds Wednesdays high, also giving London a fair chance to close a session above 7,518 and triggering the foregoing Big Picture expectations.

It’s almost difficult to pour misery on the FTSE’s future chances but, of course, we’ll take a stab at it. Currently, below 7,395 looks like it shall prove capable of triggering some reversals down to 7,314 points. Should the market opt to break such a level, our secondary works out at 7,240 points and a hopeful bounce.

 

Finally, we didn’t anticipate starting the year with such a statement but we suspect this particular analysis shall prove worth printing out and sticking on the wall. From our perspective, quite a few of the foregoing numbers look pretty important for 2022.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:24PM BRENT 81.76 81.33 80.915 82.1 82.58 82.8 81.4 ‘cess
9:31:05PM GOLD 1788.14 1786 1782 1801 1808 1811 1793 Success
9:33:20PM FTSE 7451.46 7425 7395 7480 7497 7509 7444 ‘cess
9:36:13PM FRANCE 7250 7235 7205 7271 7302 7317 7267 Success
9:39:58PM GERMANY 16037.99 15982 15930 16058 16152 16208 16050
9:42:22PM US500 4699 4670 4652 4718 4724 4733 4693 ‘cess
9:45:08PM DOW 36271.7 36198 36113 36376 36538 36585 36335 ‘cess
9:47:47PM NASDAQ 15798 15607 15502.5 15808 15899 15923 15723 ‘cess
9:55:57PM JAPAN 28712 28473 28432 28723 28929 29025 28678 Success
6/01/2022 FTSE Closed at 7450 points. Change of -0.88%. Total value traded through LSE was: £ 6,138,809,460 a change of 26.57%
5/01/2022 FTSE Closed at 7516 points. Change of 0.15%. Total value traded through LSE was: £ 4,850,064,854 a change of -31.07%
4/01/2022 FTSE Closed at 7505 points. Change of 1.64%. Total value traded through LSE was: £ 7,036,052,579 a change of 378.45%
31/12/2021 FTSE Closed at 7384 points. Change of -0.26%. Total value traded through LSE was: £ 1,470,600,972 a change of -36.25%
30/12/2021 FTSE Closed at 7403 points. Change of -100%. Total value traded through LSE was: £ 2,306,886,388 a change of 0%
29/12/2021 FTSE Closed at 7420 points. Change of 0%. Total value traded through LSE was: £ 3,844,071,499 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:AVCT Avacta** **LSE:BARC Barclays** **LSE:CASP Caspian** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:STAN Standard Chartered** **LSE:ZOO Zoo Digital** **

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Updated charts published on : AFC Energy, Avacta, Barclays, Caspian, 4D Pharma, EasyJet, Firstgroup, Fresnillo, Hikma, HSBC, British Airways, Lloyds Grp., Marks and Spencer, Natwest, Polymetal, President Energy, Standard Chartered, Zoo Digital,

LSE:AFC AFC Energy Close Mid-Price: 45.3 Percentage Change: -6.11% Day High: 48.1 Day Low: 43.4

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LSE:AVCT Avacta. Close Mid-Price: 115.6 Percentage Change: + 0.00% Day High: 115 Day Low: 111.5

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LSE:BARC Barclays. Close Mid-Price: 200.45 Percentage Change: + 1.28% Day High: 201.05 Day Low: 195.8

Movement continuing above 201.5 still suggests an initial 205. Crucially, ……..

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LSE:CASP Caspian Close Mid-Price: 3.5 Percentage Change: -15.66% Day High: 4.15 Day Low: 3.45

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LSE:DDDD 4D Pharma Close Mid-Price: 50.2 Percentage Change: -3.09% Day High: 52.6 Day Low: 49

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LSE:EZJ EasyJet. Close Mid-Price: 624.2 Percentage Change: + 1.23% Day High: 635 Day Low: 599.6

Target met. Further movement against EasyJet ABOVE 635 should improve acc ……..

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LSE:FGP Firstgroup Close Mid-Price: 100.6 Percentage Change: -1.85% Day High: 102.7 Day Low: 97

Weakness on Firstgroup below 97 will invariably lead to 90 as an initial ……..

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LSE:FRES Fresnillo Close Mid-Price: 820.6 Percentage Change: -4.09% Day High: 845.4 Day Low: 820.6

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LSE:HIK Hikma Close Mid-Price: 2125 Percentage Change: -3.01% Day High: 2191 Day Low: 2129

Target met. In the event Hikma experiences weakness below 2129 it calcula ……..

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LSE:HSBA HSBC. Close Mid-Price: 478.25 Percentage Change: + 2.12% Day High: 479.45 Day Low: 463.95

Further movement against HSBC ABOVE 479.45 should improve acceleration to ……..

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LSE:IAG British Airways. Close Mid-Price: 161.58 Percentage Change: + 0.47% Day High: 167.2 Day Low: 155.54

IAG have produced this first GaGa movement of 2022, suggesting quite firml ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 52 Percentage Change: + 2.60% Day High: 51.95 Day Low: 49.82

Target Met. Further movement against Lloyds Grp. ABOVE 52 should now provo ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 250.9 Percentage Change: + 0.48% Day High: 256.7 Day Low: 245.9

Target met. All Marks and Spencer needs are mid-price trades ABOVE 256.7 ……..

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LSE:NWG Natwest. Close Mid-Price: 243.6 Percentage Change: + 2.61% Day High: 243.3 Day Low: 234.2

Continued trades against NWG with a mid-price ABOVE 243.3 should improve ……..

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LSE:POLY Polymetal Close Mid-Price: 1200.5 Percentage Change: -3.88% Day High: 1237.5 Day Low: 1198.5

Target met. Weakness on Polymetal below 1198.5 will invariably lead to 11 ……..

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LSE:PPC President Energy Close Mid-Price: 1.92 Percentage Change: -0.77% Day High: 1.94 Day Low: 1.85

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LSE:STAN Standard Chartered. Close Mid-Price: 477.3 Percentage Change: + 3.72% Day High: 479.1 Day Low: 455.4

Target met. In the event of Standard Chartered enjoying further trades be ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 136 Percentage Change: + 2.64% Day High: 133.5 Day Low: 129

All Zoo Digital needs are mid-price trades ABOVE 133.5 to improve acceler ……..

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