#Brent #Nikkei We like Metro Bank, mainly because of their dog friendly stance rather than for any of their actual initiatives. However, they are also a perfect candidate to illustrate a major issue – common across the retail banking sector – of when it can be useless to approach a subject and start from a Big Picture perspective. The chart below doesn’t need any clever arguments, a simple glance confirming it’s utterly useless, similar to other charts from the banking field but just a late starter. About the only safe message the chart delivers is advising traders to abandon hope as there’s an impossible mountain to climb. We think this is one where it may not be barking mad to keep an eye on.
Of course, if we change the timeframe and glance at the share from 2020 to current, a more legible picture appears, one which isn’t overshadowed by an impossible recovery slope to the over optimistic 40 quid level… Instead, we can start to review a share price, one which repeated analysis declared was “cheap at 2 quid” then “cheap at 1 quid “, “a steal at at 50p” and of course, “an absolute bargain at 27p”. All things considered, the journey downward has been unpleasant but somewhat rushed to mimic the awful position of the other retail banks.
However, similar to the major banks, Metro is now showing some signs for “proper” recovery and we suspect share price movements may prove relatively useful this year. Currently, above 107p should apparently trigger some slight recovery to an initial 139p with our secondary, if beaten, a more confident sounding 173p. Though neither ambition comes close to bothers the share price all time highs, movement such as this would certainly prove an impressive first step on the path to recovery.
Should things intend go wrong for Metro, price drift below 90p risks danger, calculating with the potential of reversal to an initial 77 with our secondary, if broken, a hopeful bottom at 67p.
FUTURES
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
9:35:04PM | BRENT | 7574.7 | 7557 | 7514 | 7466 | 7600 | 7658 | 7718 | 7854 | 7568 | ‘cess |
10:56:06PM | GOLD | 2933.39 | ‘cess | ||||||||
11:05:26PM | FTSE | 8708.2 | Success | ||||||||
11:09:48PM | STOX50 | 5449.2 | Success | ||||||||
11:41:01PM | GERMANY | 22410 | Success | ||||||||
11:02:38PM | US500 | 6135.7 | |||||||||
11:11:02PM | DOW | 44576.9 | Shambles | ||||||||
11:23:36PM | NASDAQ | 22138.2 | |||||||||
11:29:34PM | JAPAN | 38844 | 38775 | 38471 | 38106 | 39022 | 39220 | 39799 | 40309 | 39002 | Success |
9/02/2025 FTSE Closed at 8712 points. Change of -0.62%. Total value traded through LSE was: £ 5,348,624,853 a change of 11.87%
18/02/2025 FTSE Closed at 8766 points. Change of -0.02%. Total value traded through LSE was: £ 4,781,200,025 a change of -0.7%
17/02/2025 FTSE Closed at 8768 points. Change of 0.41%. Total value traded through LSE was: £ 4,815,003,376 a change of -19.37%
14/02/2025 FTSE Closed at 8732 points. Change of -0.37%. Total value traded through LSE was: £ 5,971,374,028 a change of -3.83%
13/02/2025 FTSE Closed at 8764 points. Change of -0.49%. Total value traded through LSE was: £ 6,209,371,407 a change of -0.52%
12/02/2025 FTSE Closed at 8807 points. Change of 0.34%. Total value traded through LSE was: £ 6,241,531,008 a change of 5.5%
11/02/2025 FTSE Closed at 8777 points. Change of 0.11%. Total value traded through LSE was: £ 5,916,306,035 a change of -5.17% 
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:AVCT Avacta** **LSE:BME B & M** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:IPF International Personal Finance** **LSE:RR. Rolls Royce** **LSE:SCLP Scancell** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **
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Updated charts published on : Avacta, B & M, Glencore Xstra, HSBC, International Personal Finance, Rolls Royce, Scancell, Standard Chartered, Tullow,
LSE:AVCT Avacta. Close Mid-Price: 42.25 Percentage Change: + 7.64% Day High: 43 Day Low: 39
Weakness on Avacta below 39 will invariably lead to 38.5p with secondary ……..
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View Previous Avacta & Big Picture ***
LSE:BME B & M Close Mid-Price: 290.6 Percentage Change: -3.04% Day High: 301.7 Day Low: 291
In the event B & M experiences weakness below 291 it calculates with a dr ……..
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View Previous B & M & Big Picture ***
LSE:GLEN Glencore Xstra Close Mid-Price: 327.8 Percentage Change: -7.28% Day High: 344.25 Day Low: 325.15
Target met. If Glencore Xstra experiences continued weakness below 325.15 ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:HSBA HSBC Close Mid-Price: 895.4 Percentage Change: -0.30% Day High: 907.7 Day Low: 883.7
In the event of HSBC enjoying further trades beyond 907.7, the share shou ……..
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View Previous HSBC & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 121.5 Percentage Change: -3.57% Day High: 128 Day Low: 120
Target met. In the event International Personal Finance experiences weakn ……..
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View Previous International Personal Finance & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 642.6 Percentage Change: -0.28% Day High: 649.6 Day Low: 639
Continued trades against RR. with a mid-price ABOVE 649.6 should improve ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SCLP Scancell Close Mid-Price: 8.65 Percentage Change: -2.81% Day High: 8.9 Day Low: 8.65
Weakness on Scancell below 8.65 will invariably lead to 8p with secondary ……..
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View Previous Scancell & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 1140 Percentage Change: + 0.13% Day High: 1145 Day Low: 1128
Further movement against Standard Chartered ABOVE 1145 should improve acc ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 16.79 Percentage Change: -2.04% Day High: 17.22 Day Low: 16.5
In the event Tullow experiences weakness below 16.5 it calculates with a ……..
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View Previous Tullow & Big Picture ***