GB Group Plc (LSE:GBG) starting to look good.

 #FTSE #DowJones Due to GB Group’s reason for existing, we’re inclined to view them with some horror thanks to “an improvement” from our banks service. To login to a personal account, there’s the first password which is associated with our name. Then, the bank takes us to a 2nd screen demanding we identify numbers and letters in various positions of our 12 character secret answer. And now, in a celebration of utter paranoia, it then sends a 6 digit passcode to our mobile phone. Of course, this led to being locked out of the account for 48 hours, due to the registered phone number being incorrect and changing it to the current mobile was going to take up to 48 hours to propagate through the banks system.

GB Group boast as being global specialists in digital identity, claiming to enable fast, simple and compliant customer ‘onboarding’. Whatever that means, but presumably it doesn’t have anything to do with waterboarding customers, despite the frustration many jobsworth security procedures generate.

 

The company share price, despite our distaste of security for security sake such as exercised by our heating oil supplier, if checking the current exorbitant price of oil, is looking like it may have some quite significant potentials for the future. [To find out these potentials, please register a new account and password details at www.WastedTime.co – joke]

Currently, above 370p should prove capable of lifting the price to an initial 389p with our secondary, if beaten, at 404p. The proximity of these target levels tends suggest some sort of plateau awaits, the price needing closure above 404p to enter a long term cycle to an eventual 457p.

Should things intend go wrong, the price needs sink below 303p to potentially trigger reversal to an initial 272 with our secondary, if broken, an eventual bottom around 249p.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:47:22PM FTSE 8108.6 8070 8055 8030 8104 8130 8148 8174 8097
10:50:25PM BRENT 7281
10:54:02PM GOLD 2650.08 ‘cess
10:48:35PM STOX50 4750.9 Success
10:51:21PM GERMANY 19095.2
10:56:24PM US500 5918.3 Success
11:04:16PM DOW 43443.7 43051 42997 42837 43255 43480 43597 43779 43343
11:07:54PM NASDAQ 20642.3 Success
11:10:17PM JAPAN 38134 Success

 

20/11/2024 FTSE Closed at 8085 points. Change of -0.17%. Total value traded through LSE was: £ 5,060,732,508 a change of -17.24%
19/11/2024 FTSE Closed at 8099 points. Change of -0.12%. Total value traded through LSE was: £ 6,114,723,554 a change of -10.83%
18/11/2024 FTSE Closed at 8109 points. Change of 0.57%. Total value traded through LSE was: £ 6,857,494,541 a change of 25.41%
16/11/2024 FTSE Closed at 8063 points. Change of -0.1%. Total value traded through LSE was: £ 5,468,037,498 a change of 6.49%
14/11/2024 FTSE Closed at 8071 points. Change of 0.51%. Total value traded through LSE was: £ 5,134,648,719 a change of -9.92%
13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%

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:AML Aston Martin** **LSE:BME B & M** **LSE:CCL Carnival** **LSE:IDS International Distribution** **LSE:ITM ITM Power** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:OPG OPG Power Ventures** **LSE:STAN Standard Chartered** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, B & M, Carnival, International Distribution, ITM Power, Just Eat, Ocado Plc, OPG Power Ventures, Standard Chartered, Taylor Wimpey,


LSE:AML Aston Martin Close Mid-Price: 101.4 Percentage Change: -4.70% Day High: 108.9 Day Low: 102

In the event Aston Martin experiences weakness below 102 it calculates wi ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***


LSE:BME B & M Close Mid-Price: 330.1 Percentage Change: -4.60% Day High: 347.4 Day Low: 332.7

Target met. If B & M experiences continued weakness below 332.7, it will ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1770.5 Percentage Change: + 0.20% Day High: 1804.5 Day Low: 1763.5

Target met. Continued trades against CCL with a mid-price ABOVE 1804.5 sh ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:IDS International Distribution. Close Mid-Price: 350 Percentage Change: + 0.81% Day High: 353 Day Low: 348.8

Further movement against International Distribution ABOVE 353 should impr ……..

Subscribe for more

</p

View Previous International Distribution & Big Picture ***


LSE:ITM ITM Power Close Mid-Price: 34.1 Percentage Change: -5.59% Day High: 36.26 Day Low: 33.72

If ITM Power experiences continued weakness below 33.72, it will invariab ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:JET Just Eat. Close Mid-Price: 1186 Percentage Change: + 0.34% Day High: 1222 Day Low: 1176

All Just Eat needs are mid-price trades ABOVE 1222 to improve acceleratio ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***


LSE:OCDO Ocado Plc Close Mid-Price: 304.7 Percentage Change: -3.73% Day High: 320 Day Low: 301

Continued weakness against OCDO taking the price below 301 calculates as ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***


LSE:OPG OPG Power Ventures Close Mid-Price: 4.4 Percentage Change: -26.42% Day High: 6.1 Day Low: 4.15

Weakness on OPG Power Ventures below 4.15 will invariably lead to 3.7p wi ……..

Subscribe for more

</p

View Previous OPG Power Ventures & Big Picture ***


LSE:STAN Standard Chartered. Close Mid-Price: 947 Percentage Change: + 0.00% Day High: 961.2 Day Low: 941.8

Continued trades against STAN with a mid-price ABOVE 961.2 should improve ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***


LSE:TW. Taylor Wimpey Close Mid-Price: 127.1 Percentage Change: -2.23% Day High: 129.55 Day Low: 126.35

Continued weakness against TW. taking the price below 126.35 calculates a ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***


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

Wood Group (John) Plc  (LSE:WG.) and a shaggy dog story…

#FTSE #JAPAN  Sometimes, things just don’t go as expected and today, it is a shaggy dog story! For instance, taking our Golden Retriever for a walk on Tuesday managed to go about as wrong as a walk can. It was a perfect blue sky morning, the temperature -4c and a hard frost everywhere. Inevitably, I’d taken my camera, along with  a new gadget, an electric body warmer waistcoat device. After parking the car at the gate to the field, it made sense to let the dog do her stuff while I took the battery from its USB charger in the car and plugged it into the waistcoat. This was followed by a waxed cotton jacket, gloves, a hat, ear buds and after a few minutes, I was finally ready. Completing the visual cliche, I  even had my “shepherds crook type walking stick” (ideal to yank a sheep out of a bog or help a dog up a steep river bank), and called the animal back from her usual exploration of a stream which borders the field.

No dog in sight!

Usually, she wanders down the stream, emerging onto the main path at the point where there are three choices of direction. I was confident she wasn’t in the forest, the noise of machinery always ensuring she stayed clear of men with chainsaws. After deciding she’d probably headed down the dry streambed toward her favourite destination, the river, it made sense to follow the edge of the field while occasionally shouting out her name. At the river, there was no sign of the monster, so walking upstream to her favourite beach made sense as we usually spend time proving a “Retriever” is the worst use of false advertising. Golden Retrievers do not retrieve, at best showing exactly where a stone landed and sometimes even barking at it.

Panic now started to set in, now being around 1.5 miles away from the car. Making my way back to the field, another dog walker appeared and I asked if he’d seen my brute anywhere. It transpires he had, watching her being fully occupied chasing some deer at the very far side of the field. Rushing back, using the camera zoom at maximum, I could see some tiny Roe Deer congregated in one of the empty sheep pens and suspected my dog would be trying to find a way in. Inevitably, heading to the enclosure ensured I was spotted with the result the four deer levitated over the fence as if it wasn’t there, heading into the forest with barely a glance. Looking around, I could see my pet at the gate of the field, looking about as guilty as possible, the tip of her tail doing little “micro wags”. When called, she slunk about 100 yards with her head down, eventually sitting and leaning into my left leg. There was no point in giving her a row, it being clear she knew she’d screwed up. But when I tried to head back to the car, she stayed sitting, looking down the path toward the river, making it clear she still expected her daily walk. At this point, the poncy walking stick came into play, hooking under her collar as a rigid dog lead. Due to living in the country, our dogs are never trained to be “on the lead” and always regard this sort of thing as the ultimate humiliation. They don’t run wild, always having a perfect recall along with perfect walking manners.

Unless, of course, squirrel, deer, or hedgehogs (don’t ask) enter the equation in which case all training is forgotten while they once again prove why Golden Retrievers could never be hunting dogs. It’s now the case our back garden pair of snowy owls have started teasing this brute, when she approaches the forest at the top of the garden. Few things are funnier than watching one of the big owls swooping low over the dog, then perch on a branch to watch the explosion below. It transpires we’ve a neighbour who was an ‘owl wrangler’ for a well known movie franchise and she still keeps pet owls.

With the US election over, it appears Argyll is returning to a chaotic normal, the above story managing to consume the entire morning and according to my Samsung phone, giving the benefit of 9,000 steps while accomplishing absolutely nothing for several hours.

 

The behaviour of Wood Group share price has proven vaguely similar to the above monologue about how things can go wrong. When we wrote about Wood’s in March 2023, the share price was about 217p with our last paragraph ended with a ridiculous looking 38p! We didn’t believe the possibility and when the price hit 46p the other day, our eyebrows shot up…

There’s little doubt the share price is probably in the region where internet chatrooms are recommending “it will never be as cheap again”, and so on. Of course, the company also experienced a takeover bid a few years ago, just before everything went horribly wrong, and now there will be speculation this massive Engineering Consultant may once again be the target for takeover. From an immediate perspective, movements next below 46p now point at a potential rebound level of 41p. Should such a level break, the best we can do is propose an ultimate bottom of 13p.

 

If this share price intends claw its way out of trouble, we shall be inclined to regard above 56p as owning some potentials for triggering movement to an initial tame 58.7p. Should such a level be exceeded, our secondary works out at 67p with a third level ambition an eventual 80p. Visually, there’s a pretty big problem with these target levels as they come nowhere close to bettering the immediate short term Blue downtrend. Perhaps it shall prove to be the case where game changing news shall be required to actually gap the share price upward at the open. We will be inclined to view such a movement as extremely significant, one which should preface some proper price recovery for the longer term.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:20:59PM BRENT 7310.8
11:23:43PM GOLD 2633.64 ‘cess
11:26:23PM FTSE 8099 8051 8016 7971 8087 8151 8163 8219 8107
11:29:08PM STOX50 4753.6 ‘cess
11:31:46PM GERMANY 19068 Success
11:02:17PM US500 5919.9 Shambles
11:04:51PM DOW 43329.3 Success
11:07:34PM NASDAQ 20701.1 ‘cess
11:10:29PM JAPAN 38452 38130 38078 37928 38327 38530 38753 39105 38241 Success

 

19/11/2024 FTSE Closed at 8099 points. Change of -0.12%. Total value traded through LSE was: £ 6,114,723,554 a change of -10.83%
18/11/2024 FTSE Closed at 8109 points. Change of 0.57%. Total value traded through LSE was: £ 6,857,494,541 a change of 25.41%
16/11/2024 FTSE Closed at 8063 points. Change of -0.1%. Total value traded through LSE was: £ 5,468,037,498 a change of 6.49%
14/11/2024 FTSE Closed at 8071 points. Change of 0.51%. Total value traded through LSE was: £ 5,134,648,719 a change of -9.92%
13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%

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:BME B & M** **LSE:CCL Carnival** **LSE:HSBA HSBC** **LSE:NWG Natwest** **

********

Updated charts published on : B & M, Carnival, HSBC, Natwest,


LSE:BME B & M Close Mid-Price: 346 Percentage Change: -0.55% Day High: 352.2 Day Low: 341.5

In the event B & M experiences weakness below 341.5 it calculates with a ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1767 Percentage Change: + 1.52% Day High: 1778.5 Day Low: 1694.5

All Carnival needs are mid-price trades ABOVE 1778.5 to improve accelerat ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:HSBA HSBC Close Mid-Price: 724.3 Percentage Change: -0.48% Day High: 730.6 Day Low: 712.6

In the event of HSBC enjoying further trades beyond 730.6, the share shou ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***


LSE:NWG Natwest Close Mid-Price: 392 Percentage Change: -0.94% Day High: 398.3 Day Low: 387.1

Target met. Continued trades against NWG with a mid-price ABOVE 398.3 sho ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***


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

Lloyds Banking Group Plc (LSE:LLOY) maybe not a dead parrot

#Brent #SP500  It took a video of a recovered sea lion being released into the wild in California for the penny to finally drop about Brexit! The animal bounced out of its cage, heading toward the sea, then had a “wait a moment” period of lucidity. It realised it was about to be free, able to think for itself, do whatever it wanted and did the sensible thing. It bounced frantically back to its cage, realising it was about to abandon a cushy life and would have to start working again. Drawing a simile with the UK’s position following Brexit, our government appears to be echoing that sea lions behaviour, bouncing back to the illusory safety of Europe rather than risk taking advantage of its new position.

Who knows, it’s a theory… But that sea lion only sheltered for a few minutes in its cage before rocketing out and positively charging through the waves, giving a celebratory jump, and embracing freedom. Of course, once the analogy hit home, it transpired YouTube is a rabbit hole to fall into with countless videos of penguins, raptors, monkeys, orang-utans, and bears, unhappy at the idea of freedom. Initially it looks cute but the animals always eventually chose freedom.

Maybe the UK should emplace cages on the southern shores to catch immigrants, hold them for a couple of days, then release and see if they head back into the sea and return to France. (This comedy scenario would certainly deserve a funny TV skit, it any programs still existed such as Not The 9 O’clock News.)

 

Our previous glance at Lloyds proved quite prescient. We had allocated a bottom at 53p and on the day, the share price closed the session at 53.08p and bounced.

There are obviously risks of further drops and it’s possible to define a perfect trajectory. Now below 53p risks triggering reversal to an initial 48 with our secondary, if broken, down at an eventual bottom of 43p. We should point out that visually, we do not anticipate such a catastrophe. Hopefully the UK politicians stay in their cages!

 

If things intend go right for Lloyds, we are inclined to regard share price closure above 57.2p as important, moving the share price into a cycle where an initial 60.5p looks likely with our secondary, if beaten, at 66p. This secondary remains a big deal from a Big Picture perspective, such a movement taking the share price into a zone where a longer term cycle to 92p becomes possible.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:56:27PM BRENT 7093.5 7076 6963 6846 7180 7248 7298 7372 7159
10:58:39PM GOLD 2562.6 2560
11:03:32PM FTSE 8079.3 8056
11:09:06PM STOX50 4792.3 4803
11:13:47PM GERMANY 19238.1 19193
11:39:53PM US500 5877.6 5852 5803 5727 5930 5939 5976 6017 5907
11:43:56PM DOW 43399 43549
11:46:25PM NASDAQ 20455.5 20581
11:50:24PM JAPAN 38001 38416

 

16/11/2024 FTSE Closed at 8063 points. Change of -0.1%. Total value traded through LSE was: £ 5,468,037,498 a change of 6.49%
14/11/2024 FTSE Closed at 8071 points. Change of 0.51%. Total value traded through LSE was: £ 5,134,648,719 a change of -9.92%
13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%

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:GKP Gulf Keystone** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:JET Just Eat** **LSE:OPG OPG Power Ventures** **

********

Updated charts published on : Gulf Keystone, British Airways, Intercontinental Hotels Group, Just Eat, OPG Power Ventures,


LSE:GKP Gulf Keystone. Close Mid-Price: 143.8 Percentage Change: + 4.20% Day High: 145.5 Day Low: 135.9

All Gulf Keystone needs are mid-price trades ABOVE 145.5 to improve accel ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***


LSE:IAG British Airways. Close Mid-Price: 241.9 Percentage Change: + 1.13% Day High: 242.8 Day Low: 237.6

Target met. All British Airways needs are mid-price trades ABOVE 242.8 t ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9500 Percentage Change: + 0.08% Day High: 9592 Day Low: 9438

Target met. All Intercontinental Hotels Group needs are mid-price trades ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:JET Just Eat Close Mid-Price: 1174 Percentage Change: -0.34% Day High: 1220 Day Low: 1166

Target met. In the event of Just Eat enjoying further trades beyond 1220, ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***


LSE:OPG OPG Power Ventures Close Mid-Price: 6.6 Percentage Change: -26.67% Day High: 9.05 Day Low: 5.2

Target met. In the event OPG Power Ventures experiences weakness below 5. ……..

Subscribe for more

</p

View Previous OPG Power Ventures & Big Picture ***


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

FTSE for FRIDAY (FTSE:UKX) looking like fun!

#FTSE #WallSt  We’d gullibly thought the US election would provide an end to the daily amusement from across the water but it’s proving a gift which keeps giving. We suspect the lessons from this should be closely followed by the UK with many media organisations rethinking their behaviour and stance, when they see how influential they were not. With newspapers and TV stations already reporting reader and viewer numbers at record lows, perhaps it is already the time the UK media addressed their often erroneous behaviour, slavishly following whatever government position is being taken. A recent example was calling folk who were against illegal immigration as “far right” but gradually they appear to be dropping such a rabble rousing term.

With Mr Trump now provoking daily outrage by nominating inflammatory names to work in his government next year, the invective coming from various Hollywood and Washington names has been funny, blithely representing their inability to respect democracy, the very thing they were accusing Mr Trump of.

One puzzle is swimming against the tide of expectations as Crude Oil prices still have not reversed. With the incoming President promising a 50% reduction in energy costs, based on his intention to “drill drill drill” to return the country to self sufficiency in oil and gas, we’ve been expecting the price to exhibit some panic but so far, Brent Crude has remained stable. Unless Brent Crude somehow exceeds $81.50 anytime soon, it remains at risk of sharp and sudden reversals to an eventual $58, or so.

 

The FTSE has been enjoying a vaguely similar period of illogical strength to that being experienced by Brent as our calculations point to reversal to the 7604 point level. Rather spoiling the scenario is the obvious fact the FTSE is currently pretending the 8000 point level is inviolate. We has doubts, expecting the markets only need the right excuse to provoke trouble.

Currently trading around 8071 points, the FTSE needs below 8030 points to give the earliest sign for trouble Such a movement (though not with a spike down at the market open) risks pushing reversal down to an initial 7939 points with our secondary, if broken, at 7874 points. Such a drop level becomes extremely dangerous, making an eventual 7803 a possibility on this cycle. If triggered, the tightest stop loss level looks like 8067 points which seems extremely sane.

 

Should things intend go right for the UK market, above 8097 points should trigger movement to an initial 8133 points. Should such a level be exceeded, our secondary is quite surprising at an impressive 8257 points.

 

On the bright side, only another week for another GP race. Spoiling things, news the Monaco contract has been extended for another 7 dreary and boring years of a procession of cars.

Have a good weekend.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:16:21PM BRENT 7222.2 7173 7151 7252 7317 7347 7233
10:19:48PM GOLD 2564.09 2537 2511 2582 2578 2591 2560
10:22:00PM FTSE 8054.8 8002 7974 8038 8085 8099 8047 ‘cess
10:26:54PM STOX50 4808.8 4728 4684 4758 4838 4851 4814 Success
10:31:18PM GERMANY 19213 18935 18776 19022 19308 19426 19219 Success
10:35:36PM US500 5948 5938 5930 5970 5973 5986 5953 ‘cess
10:38:30PM DOW 43748 43683 43587 43894 44128 44290 43986 ‘cess
10:41:29PM NASDAQ 20871.1 20843 20818 20962 21032 21070 20911
10:44:09PM JAPAN 38887 38504 38308 38781 39050 39308 38885

 

14/11/2024 FTSE Closed at 8071 points. Change of 0.51%. Total value traded through LSE was: £ 5,134,648,719 a change of -9.92%
13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%

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:CCL Carnival** **LSE:ITM ITM Power** **LSE:MMAG Music Magpie** **LSE:OPG OPG Power Ventures** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Carnival, ITM Power, Music Magpie, OPG Power Ventures, Sainsbury, Scottish Mortgage Investment Trust, Taylor Wimpey,


LSE:CCL Carnival. Close Mid-Price: 1754 Percentage Change: + 0.92% Day High: 1763 Day Low: 1727.5

Target met. In the event of Carnival enjoying further trades beyond 1763, ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:ITM ITM Power Close Mid-Price: 35.26 Percentage Change: -6.52% Day High: 39 Day Low: 35

Target met. Weakness on ITM Power below 35 will invariably lead to 31p wi ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:MMAG Music Magpie. Close Mid-Price: 8.8 Percentage Change: + 0.00% Day High: 8.9 Day Low: 8.8

In the event of Music Magpie enjoying further trades beyond 8.9, the shar ……..

Subscribe for more

</p

View Previous Music Magpie & Big Picture ***


LSE:OPG OPG Power Ventures Close Mid-Price: 9 Percentage Change: -2.39% Day High: 9.43 Day Low: 9.05

Target met. If OPG Power Ventures experiences continued weakness below 9. ……..

Subscribe for more

</p

View Previous OPG Power Ventures & Big Picture ***


LSE:SBRY Sainsbury Close Mid-Price: 239.6 Percentage Change: -1.48% Day High: 241.2 Day Low: 237.8

Target met. Continued weakness against SBRY taking the price below 237.8 ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 942 Percentage Change: + 0.11% Day High: 945.2 Day Low: 935.4

Target met. All Scottish Mortgage Investment Trust needs are mid-price tr ……..

Subscribe for more

</p

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


LSE:TW. Taylor Wimpey. Close Mid-Price: 131.95 Percentage Change: + 0.38% Day High: 132.25 Day Low: 129.95

If Taylor Wimpey experiences continued weakness below 129.95, it will inv ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***


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

Futura Medical Plc (LSE:FUM) in a “hmmm” position.

#Gold #Germany  When we previously reviewed Futura, we supplied lots of enthusiastic trigger potentials, absolutely none of which were triggered. Instead, the market managed to allow the share price to wander below our danger level of 32p, a point at which all the gain potentials we nullified. But on the bright side, our 25 litre vat of Merlot still hasn’t exploded, redecorating the bathroom with a tasteless red colour. This big stainless steel cask has become the first thing inspected every morning, even before checking on the 23+ year old cat.

 

Futura’s share price has started to replicate the cats performance, keeping trundling along despite expectations to the contrary. The immediate risk regarding the share price suggests below 28p shall be needed to provoke real drama, allowing reversals to an initial 18p with our secondary, if broken, an “ultimate bottom” of 8p and hopefully a rebound, given the share price’s historical behaviour. All things considered, this clearly isn’t the most pleasant scenario for Futura but one which is hard to escape, especially as we cannot calculate anything below 8p without including impossible minus signs.

 

Should things attempt to turn positive for Futura, the share price needs exceed 40.5p to give an early clue of surprise recovery, hopefully triggering some growth to an initial 52p with our longer term secondary, should such a level be bettered, at a game changing 63p. Visually, achieving such a target would change all the potentials for the long term for this share price as substantial acceleration becomes possible. For now, we fear the worst for the share.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:45:01PM BRENT 7214.9
10:50:42PM GOLD 2566 2562 2517 2426 2620 2618 2637 2661 2592
10:55:05PM FTSE 8044.5
10:58:56PM STOX50 4742.8 ‘cess
11:03:47PM GERMANY 18972 18835 18717 18433 19026 19126 19152 19258 19010 ‘cess
11:06:29PM US500 5984.9
11:08:49PM DOW 43954 ‘cess
11:24:22PM NASDAQ 38695 ‘cess

 

13/11/2024 FTSE Closed at 8030 points. Change of 0.06%. Total value traded through LSE was: £ 5,699,909,508 a change of -5.55%
12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%

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:CCL Carnival** **LSE:IHG Intercontinental Hotels Group** **LSE:IQE IQE** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Barclays, BP PLC, Carnival, Intercontinental Hotels Group, IQE, Scottish Mortgage Investment Trust, Spirax, Tullow, Taylor Wimpey,


LSE:BARC Barclays. Close Mid-Price: 258.85 Percentage Change: + 0.52% Day High: 263.15 Day Low: 256.65

All Barclays needs are mid-price trades ABOVE 263.15 to improve accelerat ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***


LSE:BP. BP PLC. Close Mid-Price: 370.05 Percentage Change: + 0.75% Day High: 370.15 Day Low: 365.2

If BP PLC experiences continued weakness below 365.2, it will invariably ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1738 Percentage Change: + 1.31% Day High: 1748.5 Day Low: 1715

Further movement against Carnival ABOVE 1748.5 should improve acceleratio ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9436 Percentage Change: + 0.92% Day High: 9418 Day Low: 9314

In the event of Intercontinental Hotels Group enjoying further trades bey ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:IQE IQE Close Mid-Price: 10 Percentage Change: -3.85% Day High: 10.6 Day Low: 9.82

Weakness on IQE below 9.82 will invariably lead to 9.3p with secondary (i ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 941 Percentage Change: + 1.60% Day High: 941.4 Day Low: 921.6

In the event of Scottish Mortgage Investment Trust enjoying further trade ……..

Subscribe for more

</p

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


LSE:SPX Spirax Close Mid-Price: 6370 Percentage Change: -2.45% Day High: 6520 Day Low: 6355

Continued weakness against SPX taking the price below 6355 calculates as ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***


LSE:TLW Tullow. Close Mid-Price: 20.6 Percentage Change: + 0.98% Day High: 21.06 Day Low: 20

In the event Tullow experiences weakness below 20 it calculates with a dr ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***


LSE:TW. Taylor Wimpey Close Mid-Price: 131.45 Percentage Change: -2.12% Day High: 134.55 Day Low: 130.75

In the event Taylor Wimpey experiences weakness below 130.75 it calculate ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***


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

Petro Matad (LSE:MATD), a tasty Mongolian dish?  

#FTSE #Nasdaq   Last time we reviewed Petro Matad, we finished the article with a cautionary note, suggesting “if they intend spoil our calculations, the share need only slip below Red, presently at 3p”. On June 26th this year, with quite a spiteful movement, the share price was firmly gapped downward due to the company successfully selling more shares in the business, thus devaluing the price of every share in issue. From a charty viewpoint, it certainly sends a plethora of mixed messages more confusing than our 25 litres of Merlot which has been fermenting for the last 5 days.

The Merlot grape has an in-built sense of humour, the fermentation process being perfectly gentle. Until it isn’t. An air trap is fitted to the top of the container, allowing CO2 to exit but ensuring nothing alien enters the drum. In our test batch with 3 litres, everything went smoothly until one morning we woke up to a mess of red juice, the wine deciding it was going to be a volcano at some point during the night. Thankfully we’d read all the warnings of this Merlot explosion and with the 25 litre drum, it’s sitting solidly in a large tray which will trap an overflow of enthusiasm. Maybe it shall prove to be the case adding Walnut shavings, along with Oak, will defuse the expected eruption. Who knows, the number of opinions on the internet is quite intimidating with the only ones taken seriously being from folk who’ve actually done it. We’ve learned to keep “experts” with no personal experience at arms length.

Quite neatly, this brings us back to Petro Matad as there will doubtless be loads of “experts” advising folk to buy shares in the Mongolian oil company, their line inevitably being “it will never be as cheap again”. Thankfully, the majority of folk who’ve bought shares learn fairly quickly the word “cheap” does not belong in any sentence dealing with a share price.

 

When we previously painted a Red line with a 3p break level, we didn’t give drop levels due to any sort of ultimate bottom being prefaced with an impossible minus sign. Our only conclusion was to warn of trouble, if the 3p level was indeed broken and in the months since, it has visited the 2p level. During the months since, we’ve been able to calculate some reasonable drop potentials – reasonable unless you already hold shares at a high price! However, weakness below 2p now calculates with the potential of a slip down to an eventual 1.7p and hopefully a rebound, given visual behaviour over the last few years. Should 1.7p break, an eventual visit to a bottom of 0.5p works out at possible.

Unfortunately, if the share price intends some recovery, above 3.2p should provide a useful trigger, calculating with the potential of a visit to 4.2p with our secondary, if beaten, at a visit to 5.5p, along with a need for us to revisit the tea leaves.

This share price has experienced a messy history since 2018, creating a risk 1.7p shall be viewed as a “floor”. Our inclination is not to take anything seriously unless it starts to go up.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:58:50PM BRENT 7170.9
10:02:22PM GOLD 2597.9 ‘cess
10:06:48PM FTSE 8038.5 8012 7967 7854 8052 8067 8090 8116 8039 ‘cess
10:11:13PM STOX50 4745.5 ‘cess
10:15:04PM GERMANY 19065.9 Success
10:23:23PM US500 5985.4 Success
10:51:16PM DOW 43930.5 ‘cess
11:05:26PM NASDAQ 21066.7 20948 20927 20825 21026 21146 21221 21312 21075
11:08:05PM JAPAN 39194 ‘cess

 

12/11/2024 FTSE Closed at 8025 points. Change of -1.23%. Total value traded through LSE was: £ 6,035,103,629 a change of 29.75%
11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%
4/11/2024 FTSE Closed at 8184 points. Change of 0.09%. Total value traded through LSE was: £ 4,260,964,543 a change of -16.92%

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:BME B & M** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:IQE IQE** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAR Star Energy** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : B & M, BP PLC, Carnival, IQE, Sainsbury, Scottish Mortgage Investment Trust, Star Energy, Tullow, Taylor Wimpey,


LSE:BME B & M Close Mid-Price: 380.6 Percentage Change: -0.68% Day High: 383.5 Day Low: 377.6

Weakness on B & M below 377.6 will invariably lead to 375p with secondary ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***


LSE:BP. BP PLC Close Mid-Price: 367.3 Percentage Change: -1.53% Day High: 374.85 Day Low: 366.3

Target met. Continued weakness against BP. taking the price below 366.3 c ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1715.5 Percentage Change: + 0.41% Day High: 1730 Day Low: 1686.5

Continued trades against CCL with a mid-price ABOVE 1730 should improve t ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:IQE IQE Close Mid-Price: 10.4 Percentage Change: -8.77% Day High: 12.84 Day Low: 10.4

Target met. In the event IQE experiences weakness below 10.4 it calculate ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


LSE:SBRY Sainsbury Close Mid-Price: 241.8 Percentage Change: -0.66% Day High: 243.2 Day Low: 240.4

Target met. Weakness on Sainsbury below 240.4 will invariably lead to 238 ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 926.2 Percentage Change: -0.11% Day High: 932.2 Day Low: 913.8

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

Subscribe for more

</p

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


LSE:STAR Star Energy. Close Mid-Price: 9.01 Percentage Change: + 30.01% Day High: 9.74 Day Low: 6.94

Target met. Further movement against Star Energy ABOVE 9.74 should improv ……..

Subscribe for more

</p

View Previous Star Energy & Big Picture ***


LSE:TLW Tullow Close Mid-Price: 20.4 Percentage Change: -4.67% Day High: 21.5 Day Low: 20.3

Target met. Weakness on Tullow below 20.3 will invariably lead to 19.5p w ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***


LSE:TW. Taylor Wimpey Close Mid-Price: 134.3 Percentage Change: -2.36% Day High: 137.65 Day Low: 134

Continued weakness against TW. taking the price below 134p calculates as ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***


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

Serco Group Plc (LSE:SRP) behind some loose bars!

#Gold #SP500   Currently the temperature outside here in Argyll is -1c. Thankfully, there’s no wind, meaning it’s just cold as opposed to feeling utterly dreadful. This tends highlight the fly in the ointment with the windfarms which pollute many views in Scotland as they face generating nothing when power is most needed. During winter, the wind will generally be too strong to allow the windmills to turn or alternately, it stops blowing. Famously, in 2011, we’d a period of around 4 months where temperatures in Argyll were around -10c with absolutely no wind. It’s called a “blocking high”, producing some decent ski conditions, making many lochs perfect destinations for ice skating. While we watched a sheet of ice moving with the tide outside the house, not a single windfarms blade was turning. On the plus side, we’d a huge pile of logs ready to burn and somehow, with some forethought, we’ve a years supply of logs awaiting being chopped up.

 

As always, this paragraph has absolutely nothing to do with Serco Group, aside from their dismal reputation running ferry services in Scotland. It’s worth pointing out the only folk with a worse reputation than Serco is literally everyone else as trying to run ferries in a country where even the weather plots against you must be difficult! In our bit of Argyll, we spend winter admiring a bunch of parked ferries 2 miles across the sea in the safe haven provided by the local marina.

Visually, Serco share price isn’t in a happy place. It was massively gapped down on November 8th with news they’d misplaced a massive contract to control the number of folk who still think Australia to be a good destination. It’s strange, how places like New Zealand, Canada, and Australia, which emplaced the hardest possible legislation against their own people during the pandemic. It was a pleasant surprise, despite some draconian efforts in the UK, the most radical ideas were shot down fairly quickly. Perhaps it was the case UK politicians were more serious in trying to line their own pockets during the crisis, rather than passing successful legislation.

We read a few articles questioning why folk at board level in Serco have been selling their shares. According to the numbers, board members ditched nearly 1/2 million shares in the last year, while just over 19,000 shares were bought by folk within the company who must notify of their action. It’s one of these ‘make of it what you will’ statistics. Collectively, only around 0.2% of Serco shares are owned by folk at board level or below, again one of the “make of it what you will” numbers.

 

Currently trading around 159p, the share price looks like it faces a trigger level for trouble at 153p as movement below such a point risks triggering reversals to an initial 137p with our secondary, if broken, at a possible bouncy bottom of 114p. When we view closing share price levels, things certainly don’t look great as shown in the closing price insert.

If things intend turn happy for Serco, their share price needs exceed 185p to give the first sign of hope, allowing for recovery to an initial 203p with secondary if bettered, at a longer term 214p.

 

For now, we’re not sure but will not be surprised if the 137p level is used to provoke a share price rebound.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:55PM BRENT 7185
11:18:10PM GOLD 2623 2617 2609 2575 2627 2677 2704 2735 2659
11:20:58PM FTSE 8103.1
11:23:32PM STOX50 4834.8
11:27:47PM GERMANY 19386.7 ‘cess
11:46:27PM US500 5998.6 5985 5982 5967 6007 6027 6038 6059 6004
11:48:22PM DOW 44226
11:51:38PM NASDAQ 21105 Shambles
11:54:42PM JAPAN 39710 Success

 

11/11/2024 FTSE Closed at 8125 points. Change of 0.66%. Total value traded through LSE was: £ 4,651,326,032 a change of -15.42%
8/11/2024 FTSE Closed at 8072 points. Change of -0.84%. Total value traded through LSE was: £ 5,499,106,289 a change of -11.31%
7/11/2024 FTSE Closed at 8140 points. Change of -0.32%. Total value traded through LSE was: £ 6,200,390,802 a change of -20.9%
6/11/2024 FTSE Closed at 8166 points. Change of -0.07%. Total value traded through LSE was: £ 7,838,528,249 a change of 73.08%
5/11/2024 FTSE Closed at 8172 points. Change of -0.15%. Total value traded through LSE was: £ 4,528,854,324 a change of 6.29%
4/11/2024 FTSE Closed at 8184 points. Change of 0.09%. Total value traded through LSE was: £ 4,260,964,543 a change of -16.92%
1/11/2024 FTSE Closed at 8177 points. Change of 0.83%. Total value traded through LSE was: £ 5,128,610,563 a change of -23.79%

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:CCL Carnival** **LSE:FOXT Foxtons** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : Barclays, Carnival, Foxtons, British Airways, Intercontinental Hotels Group, Sainsbury, Scottish Mortgage Investment Trust,


LSE:BARC Barclays. Close Mid-Price: 260.65 Percentage Change: + 3.64% Day High: 261.6 Day Low: 253.8

Target met. Continued trades against BARC with a mid-price ABOVE 261.6 sh ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1708.5 Percentage Change: + 1.70% Day High: 1718 Day Low: 1674.5

All Carnival needs are mid-price trades ABOVE 1718 to improve acceleratio ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 53 Percentage Change: -2.93% Day High: 56 Day Low: 52

If Foxtons experiences continued weakness below 52, it will invariably le ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:IAG British Airways. Close Mid-Price: 239.6 Percentage Change: + 2.17% Day High: 240.1 Day Low: 233.5

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

Subscribe for more

</p

View Previous British Airways & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9374 Percentage Change: + 1.25% Day High: 9390 Day Low: 9304

Target met. Continued trades against IHG with a mid-price ABOVE 9390 shou ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:SBRY Sainsbury Close Mid-Price: 243.4 Percentage Change: -2.33% Day High: 250.4 Day Low: 243

If Sainsbury experiences continued weakness below 243, it will invariably ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 927.2 Percentage Change: + 2.39% Day High: 928.6 Day Low: 915

Continued trades against SMT with a mid-price ABOVE 928.6 should improve ……..

Subscribe for more

</p

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


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