Natwest Group  (LSE:NWG) and a Bitcoin thought.

#Brent #WallSt  Our previous review of Natwest appears to have proven rather prescient, Mr Trump indeed becoming President Elect of the USA and Natwest indeed reaching our initial and secondary targets, the bank even managing to fail to close a session above 394p with the bank retreating under its rock to dwell in the realms of incredulity. The big deal comes from the fact a victory for Mr Trump is supposed to signal a release of the chains dragging the retail banking sector to a standstill.

Glancing at the USA banking sector, optimism certainly appears to be the order of the day but, almost inevitably, the UK isn’t quite as positive as the USA or even Europe. Don’t get us wrong, Europe isn’t exactly ecstatic but doesn’t feel like an unexploded bomb either. Bitcoin, also lauded as a potential leap into the future should Mr Trump win the election, is unsurprisingly making headlines, managing above $80k on several sessions, creating a situation where we can suspect above 81,940 can next attempt a visit to somewhere just above $86k as a new high. Should such a level be achieved, we’ve quite a strong reason to suspect some hesitation as our Big Picture secondary is absurd at $125k in the longer term. Even by Bitcoin standards, this is a massive expectation, making us suspect the $86k level shall be used to define a new trend for the fake currency.

 

Of course, it is always the case to anticipate the worst from the UK, companies literally trying to trade in a country where the government actively legislates against them at every opportunity. The recent increase to the tax on employees is certainly causing some screams in the Financial press and from a private observation (wife works with a US corporate) there are already “good ideas” being floated on how to encourage full-time employees to leave, the aim being to replace each full-timer with 2 or 3 part timers. It is one of these ideas so daft I’d love to report it but unfortunately, the company could easily identify their creative new concept on how to make full time staff utterly fed up. The scary thing, the concept floated across from their offices in New York, giving an impression events in the UK do not go un-noticed and to be fair, it’s a brilliant method to make it impossible to use any type of employment law.

 

As for Natwest Group, we’re a little alarmed at the speed of reversals from our 394p target. It is now the case where below 369 risks promoting reversals to an initial 351p with our secondary, if broken, a very probable rebound bottom down at 328p.

However, we are supposed to be drooling over the future potentials for the bank and now, it need only exceed 397p to encourage recovery to 452p next with our secondary, if beaten, at an amazing longer term 540p. To achieve such a secondary, we suspect the UK shall require a proper government in control. Obviously, the jury is out, due to a distressing lack of candidates from any party – in our opinion.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
2:24:10AM BRENT 7394.9 7034 6565 6045 7546 7807 7883 8166 7531
3:02:13AM GOLD 2684.01 2687
10:46:26PM FTSE 8086.8 8091
10:50:09PM STOX50 4812.8 4848
10:53:26PM GERMANY 19240.9 19297
10:55:41PM US500 5996.6 5982
10:58:05PM DOW 43994.6 43639 43491 43267 43830 44163 44577 44997 43934
11:40:35PM NASDAQ 21115.6 21060
11:42:51PM JAPAN 39334 39244

 

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%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%

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:CASP Caspian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Caspian, EasyJet, Foxtons, British Airways, Intercontinental Hotels Group, ITV, Lloyds Grp., Scottish Mortgage Investment Trust, Taylor Wimpey,


LSE:CASP Caspian Close Mid-Price: 3 Percentage Change: -9.09% Day High: 3.3 Day Low: 2.7

If Caspian experiences continued weakness below 2.7, it will invariably l ……..

Subscribe for more

</p

View Previous Caspian & Big Picture ***


LSE:EZJ EasyJet. Close Mid-Price: 541.4 Percentage Change: + 0.86% Day High: 555.2 Day Low: 539.2

In the event of EasyJet enjoying further trades beyond 555.2, the share s ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 54.6 Percentage Change: -3.53% Day High: 56.2 Day Low: 54.8

Target met. Continued weakness against FOXT taking the price below 54.8 c ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:IAG British Airways. Close Mid-Price: 234.5 Percentage Change: + 7.18% Day High: 236.1 Day Low: 229.7

Target met. Further movement against British Airways ABOVE 236.1 should ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9258 Percentage Change: + 2.78% Day High: 9270 Day Low: 9072

Target met. Further movement against Intercontinental Hotels Group ABOVE ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:ITV ITV. Close Mid-Price: 63 Percentage Change: + 0.08% Day High: 63.3 Day Low: 61.3

Target met. Weakness on ITV below 61.3 will invariably lead to 56p with s ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 53.08 Percentage Change: -2.68% Day High: 54.64 Day Low: 52.7

Continued weakness against LLOY taking the price below 52.7 calculates as ……..

Subscribe for more

</p

View Previous Lloyds Grp. & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 905.6 Percentage Change: -0.57% Day High: 916.2 Day Low: 898.8

All Scottish Mortgage Investment Trust needs are mid-price trades ABOVE 9 ……..

Subscribe for more

</p

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


LSE:TW. Taylor Wimpey Close Mid-Price: 137.55 Percentage Change: -1.68% Day High: 139.8 Day Low: 137.25

Weakness on Taylor Wimpey below 137.25 will invariably lead to 122p with ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***


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

FTSE for FRIDAY  (FTSE:UKX) looking a bit weird

#FTSE #Gold   In a bout of typical behaviour for the UK, on a day when BoE lowers interest rates in a positive movement for business, while the USA has gotten around to electing a President widely regarded as business friendly, the main market behaves as if there has been a deluge of bad news. The only fly in the ointment was the BoE deciding to blame the recent UK budget as causing a risk of inflation, quite ignoring their own unparalleled success in pushing prices upward. When this is added to a UK government which appears to lack the will to do anything about price gouging, perhaps the damage to the FTSE can be regarded as self inflicted.

Amusingly, Elon Musk tweeted (x’d?) the shocking image below on Thursday with an appropriately typical comment regarding the UK.

 

From a near term perspective, the FTSE certainly is producing plenty of cause for concern. Currently, below 8140 points risks promoting reversal down to an initial 8112 points with our secondary, if broken, an eventual bottom – hopefully – of 8049 points. Visually there is undoubtedly the potential for a bounce from 8112 points but we’re perhaps placing hope before common sense, wondering if the powers behind the market reach over and grab the steering wheel to swing from the path being taken.

If triggered, the tightest stop loss position looks like 8165 points.

 

Should a panic change in direction be scheduled, above 8195 points in needed to promote a useless movement to an initial 8209 points. It obviously doesn’t escape our sense of idiocy, this suggesting the FTSE need “only” move by 50 points to perhaps trigger a tame 14 point movement. But should 8209 be exceeded, our near term secondary is at 8231 points

Oddly, if we take a step back and ignore near term gain potentials, the Big Picture is actually fairly interesting and produces some more encouraging target levels. Above 8169 points should apparently be capable of provoking recovery to an initial 8282 with our secondary, if beaten, at 8309 points. We quite like this scenario, especially as it allows an incredibly tight stop loss at 8140 points.

 

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
10:20:24PM BRENT 7544 7405 7332 7485 7618 7816 7341
10:26:34PM GOLD 2705.84 2644 2618 2668 2711 2728 2691 ‘cess
10:30:35PM FTSE 8172.7 8132 8096 8171 8198 8210 8160
10:38:21PM STOX50 4870.6 4786 4770 4812 4878 4905 4848 Success
10:41:10PM GERMANY 19435.5 19236 19163 19335 19460 19567 19356 Success
10:44:53PM US500 5978 5921 5904 5950 5985 6005 5957 ‘cess
10:47:43PM DOW 43767.5 43370 43182 43766 43858 44001 43658
10:49:26PM NASDAQ 21103 20746 20631 20881 21132 21220 21007 ‘cess
10:52:12PM JAPAN 39682 39128 38890 39420 39718 39800 39529 ‘cess

 

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%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%

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:ASC Asos** **LSE:BARC Barclays** **LSE:BME B & M** **LSE:CCL Carnival** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:IHG Intercontinental Hotels Group** **LSE:ITV ITV** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Barclays, B & M, Carnival, Foxtons, Hikma, Intercontinental Hotels Group, ITV, Scottish Mortgage Investment Trust, The Trainline, Taylor Wimpey,


LSE:ASC Asos Close Mid-Price: 340 Percentage Change: -0.58% Day High: 343.2 Day Low: 330.4

Target met. Weakness on Asos below 329 will invariably lead to 325p with ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***


LSE:BARC Barclays Close Mid-Price: 253.85 Percentage Change: -1.67% Day High: 259.7 Day Low: 253.7

In the event of Barclays enjoying further trades beyond 259.7, the share ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***


LSE:BME B & M. Close Mid-Price: 390 Percentage Change: + 1.80% Day High: 390.8 Day Low: 381.5

If B & M experiences continued weakness below 381.5, it will invariably l ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***


LSE:CCL Carnival Close Mid-Price: 1660.5 Percentage Change: -1.25% Day High: 1694 Day Low: 1643.5

In the event of Carnival enjoying further trades beyond 1694, the share s ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 56.6 Percentage Change: -2.41% Day High: 57.8 Day Low: 56

Target met. In the event Foxtons experiences weakness below 56 it calcula ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:HIK Hikma. Close Mid-Price: 1801 Percentage Change: + 1.64% Day High: 1801 Day Low: 1757

If Hikma experiences continued weakness below 1757, it will invariably le ……..

Subscribe for more

</p

View Previous Hikma & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9008 Percentage Change: + 0.07% Day High: 9136 Day Low: 8954

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

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:ITV ITV Close Mid-Price: 62.95 Percentage Change: -12.93% Day High: 71.8 Day Low: 63.6

If ITV experiences continued weakness below 63.6, it will invariably lead ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 910.8 Percentage Change: + 2.59% Day High: 913.4 Day Low: 892

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

Subscribe for more

</p

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


LSE:TRN The Trainline. Close Mid-Price: 416.8 Percentage Change: + 5.04% Day High: 423.4 Day Low: 398.8

Target met. Continued trades against TRN with a mid-price ABOVE 423.4 sho ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***


LSE:TW. Taylor Wimpey. Close Mid-Price: 139.9 Percentage Change: + 0.18% Day High: 142.35 Day Low: 138.55

If Taylor Wimpey experiences continued weakness below 138.55, it will inv ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***


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

J.D. Wetherspoon Plc (LSE:JDW) worth drinking to?

#Gold #Nasdaq   It looks like we’re crawling toward an interesting end to the week.  Equity markets, already reacting positively to Mr Trump’s victory in the USA, now will hopefully be able to frame a response to a cut in Interest Rates from both the UK and the USA. Popular theory suggests markets sometimes “Price In” these forces, due to them being leaked well in advance, but in the case of the FTSE, even by UK standards the index is toddling off in an entirely wrong direction to suggest anything positive may be happening.

Of course, the Presidential outcome from the USA may also be causing some fright abroad, due to the number of celebrities who’ve vowed to leave the country if Mr Trump wins. Never one to let a bandwagon go past without jumping on, even the ex Scottish PM Humza Youseless has said he will leave Scotland if Mr Trump wins, leaping onto a “leave the country” bandwagon containing Taylor Swift, Cher, Amy Schumer, Sam L Jackson, Barbra Streisand, Whoopi Goldberg, and a bunch of other complete nonentities who’ve discovered the true level of influence they wield with the public.

 

J D Wetherspoon have been in the news recently, warning of the damage a near £60mn jump in taxes and costs will do to their business, following the UK Budget. The Bank of England shall surely need accelerate the pace of rate cuts to mitigate the damage being done to business by a larcenous and lost UK government. In other words, a visit to your local Wetherspoon is going to be more expensive but on the bright side, you may almost be able to afford your mortgage.

For us to take any recovery in their share price as real, Wetherspoon needs exceed 712p to tick the first box of hope, calculating with the potential of an initial 778p with our secondary, if beaten, at a longer term 811p. This is quite a big deal, due to closure above 811p potentially triggering a Big Picture movement to 1140p and a need for us to revisit the numbers.

However, that’s about the end of the good news as the share price is in an extremely fraught position, where weakness below 595p threatens travel down to an initial 509p with our secondary, if broken, at 459p and a potential bottom level. Visually, this is currently quite an unhappy share price but then again, who’d run a pub?

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:09:16PM BRENT 7508.1 Shambles
11:12:15PM GOLD 2662.47 2659 2651 2642 2670 2680 2699 2736 2660
11:15:08PM FTSE 8169.7 ‘cess
11:28:53PM STOX50 4812.8 Success
11:31:42PM GERMANY 19115 ‘cess
11:34:36PM US500 5929.6
11:39:20PM DOW 43751 Success
11:47:57PM NASDAQ 20778 20470 20330 20170 20607 20813 20859 21185 20663 Success
11:50:55PM JAPAN 39916 39417 39217 38902 39785 40162 40437 40774 39816 Success

 

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%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%

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:BME B & M** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : Barclays, B & M, Carnival, Centrica, Diageo, EasyJet, Gulf Keystone, Hikma, British Airways, Intercontinental Hotels Group, Marks and Spencer, Natwest, Rolls Royce, Spirax, Standard Chartered, The Trainline,


LSE:BARC Barclays. Close Mid-Price: 258.15 Percentage Change: + 5.41% Day High: 257.95 Day Low: 250.9

Target met. Further movement against Barclays ABOVE 257.95 should improve ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***


LSE:BME B & M Close Mid-Price: 383.1 Percentage Change: -1.84% Day High: 395.2 Day Low: 382.9

In the event B & M experiences weakness below 382.9 it calculates with a ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1681.5 Percentage Change: + 7.89% Day High: 1690 Day Low: 1577.5

Target met. Further movement against Carnival ABOVE 1690 should improve a ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:CNA Centrica Close Mid-Price: 115.25 Percentage Change: -0.35% Day High: 116.35 Day Low: 113

If Centrica experiences continued weakness below 113, it will invariably ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***


LSE:DGE Diageo Close Mid-Price: 2306 Percentage Change: -2.49% Day High: 2396 Day Low: 2288

Target met. In the event Diageo experiences weakness below 2288 it calcul ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***


LSE:EZJ EasyJet Close Mid-Price: 534.4 Percentage Change: -0.45% Day High: 550.8 Day Low: 533.8

Target met. Continued trades against EZJ with a mid-price ABOVE 550.8 sho ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***


LSE:GKP Gulf Keystone. Close Mid-Price: 135.5 Percentage Change: + 2.89% Day High: 143.3 Day Low: 133.6

Target met. Further movement against Gulf Keystone ABOVE 143.3 should imp ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***


LSE:HIK Hikma Close Mid-Price: 1772 Percentage Change: -2.64% Day High: 1855 Day Low: 1776

Target met. In the event Hikma experiences weakness below 1776 it calcula ……..

Subscribe for more

</p

View Previous Hikma & Big Picture ***


LSE:IAG British Airways. Close Mid-Price: 221.8 Percentage Change: + 3.02% Day High: 223.4 Day Low: 217.8

Target met. Continued trades against IAG with a mid-price ABOVE 223.4 sho ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9002 Percentage Change: + 5.24% Day High: 9078 Day Low: 8712

Target met. In the event of Intercontinental Hotels Group enjoying furthe ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:MKS Marks and Spencer. Close Mid-Price: 398.2 Percentage Change: + 3.83% Day High: 415.2 Day Low: 391.1

Target met. Further movement against Marks and Spencer ABOVE 415.2 should ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***


LSE:NWG Natwest. Close Mid-Price: 390.3 Percentage Change: + 0.93% Day High: 396.6 Day Low: 384.9

All Natwest needs are mid-price trades ABOVE 396.6 to improve acceleratio ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***


LSE:RR. Rolls Royce. Close Mid-Price: 574 Percentage Change: + 2.50% Day High: 592 Day Low: 570

Continued trades against RR. with a mid-price ABOVE 592 should improve th ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


LSE:SPX Spirax Close Mid-Price: 6375 Percentage Change: -2.07% Day High: 6660 Day Low: 6375

Weakness on Spirax below 6375 will invariably lead to 6213p with secondar ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***


LSE:STAN Standard Chartered. Close Mid-Price: 942.8 Percentage Change: + 1.14% Day High: 952.4 Day Low: 929.8

Target met. Further movement against Standard Chartered ABOVE 953 should ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***


LSE:TRN The Trainline Close Mid-Price: 396.8 Percentage Change: -0.80% Day High: 408.2 Day Low: 394.6

All The Trainline needs are mid-price trades ABOVE 408.2 to improve accel ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***


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

Enquest Plc  (LSE:ENQ) giving hope

#FTSE #SP500   As a fairly long term fanboy of Elon Must, this week has seen me devour two biography titles by Eric Berger, the first one being “Liftoff” and the second being “Reentry”, both titles dealing entirely with the story of SpaceX and how close Mr Musk came to losing everything at one point. In terms of entertainment, the book Liftoff was fascinating and extremely readable, though the writer had a tendency to hero worship each and every member of the SpaceX team. The second book is a little harder to consume as there’s more than a whiff of “how much can I milk this” from the writer as he draws heavily from the first book. Maybe it will improve as I’m only half way through but reading both titles, literally back to back, was perhaps a mistake.

Aside from this, Mr Musk remains an extraordinary individual, capable of pushing himself at a ridiculous rate. With him currently involved in the US Election, while running Twitter, SpaceX and Tesla, the man certainly doesn’t have a track record of backing losers, freely admitting Twitter performance continues to surprise him as he hadn’t expected to make money from the purchase!

 

The US Election and SpaceX, along with an obvious attempt to pad out an article with a diversion, this also has a lot to do with Enquest, simply due to the company share price often moving in concert with the price of crude oil. It feels like uncertainty over the results of the US election shall promote some gains in the price of oil, regardless of the victor. When we match this with the fact their share price recently wandered through a surprise Blue downtrend since 2014, the value has reacted with a degree of logic, creating an interesting situation.

Next above just 12.87p should promote near term gains to an initial 14p, along with the potential for some hesitation. However, share price closure above 14p shall be key for the Big Picture, hopefully enabling a chance for a price rise to 16.5p, along with the share price finding itself drifting in an orbit where an attraction shall apparently be coming from 22p in the future.

Should things intend go wrong, below 11p could be quite troubling, triggering reversal to an initial 7 with secondary at 5.25p. Visually, such a scenario appears unlikely.

 

For now, we’re fairly optimistic for Enquest.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:08:42PM BRENT 7538 ‘cess
11:11:49PM GOLD 2738.24 ‘cess
11:15:18PM FTSE 8183.2 8148 8131 8094 8186 8217 8262 8326 8171 Shambles
11:22:36PM STOX50 4879.8 ‘cess
11:25:43PM GERMANY 19317.7 Success
11:28:10PM US500 5815.5 5751 5740 5714 5786 5796 5825 5868 5766
11:33:56PM DOW 42486.9 Success
11:37:41PM NASDAQ 20296
11:41:01PM JAPAN 39010

 

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%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%
28/10/2024 FTSE Closed at 8285 points. Change of 1.68%. Total value traded through LSE was: £ 4,639,447,546 a change of -2.07%

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:DGE Diageo** **LSE:EZJ EasyJet** **LSE:HIK Hikma** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : Diageo, EasyJet, Hikma, Standard Chartered, The Trainline,


LSE:DGE Diageo Close Mid-Price: 2365 Percentage Change: -0.63% Day High: 2382.5 Day Low: 2355.5

Continued weakness against DGE taking the price below 2355.5 calculates a ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***


LSE:EZJ EasyJet. Close Mid-Price: 536.8 Percentage Change: + 2.36% Day High: 536.2 Day Low: 520.6

Further movement against EasyJet ABOVE 536.2 should improve acceleration ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***


LSE:HIK Hikma Close Mid-Price: 1820 Percentage Change: -1.94% Day High: 1862 Day Low: 1821

Target met. Weakness on Hikma below 1821 will invariably lead to 1789p wi ……..

Subscribe for more

</p

View Previous Hikma & Big Picture ***


LSE:STAN Standard Chartered. Close Mid-Price: 932.2 Percentage Change: + 1.35% Day High: 933.8 Day Low: 915

In the event of Standard Chartered enjoying further trades beyond 933.8, ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***


LSE:TRN The Trainline. Close Mid-Price: 400 Percentage Change: + 0.76% Day High: 400.8 Day Low: 392.2

Target met. Further movement against The Trainline ABOVE 400.8 should imp ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***


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

Chemring Group  (LSE:CHG) looking a bit fireworky!

#Gold #Nasdaq   As we’re on the day of the UK’s Guy Fawkes day, along with the US election, it makes some sense for us to review one of the more accomplished firework manufacturers in the UK. Chemring present a website with an impressive range of flares and countermeasures, a listing which stops just short of “Add To Basket” and “PayPal Here” options. The news the company have won an impressive contract surely shall do the share price no harm, though a victory in the USA for Mr Trump may not be greeted by euphoria, given his intention is to calm down wars affecting his country.

We feel justified in smiling at the description of the contract win, a 12 year framework to supply the energetic components to a German weapons system. Presumably, it’s something better than an animated alarm clock, shaking a sleeping Acme box, while a weapon closes in on a target pasted on Will E Coyote’s back. It’d certainly be a perfect illustration of a British weapon manufacturer bring fun back into war zones…

 

Something seems to be happening with Chemring share price as breaking through a downtrend since 2011 certainly provides some positive perspective for the future. It is currently the case where above just 377p should trigger movement to an initial 417p with our secondary, if beaten, calculating at a longer term 551p. Or to be plain, it is worth watching.

If things intend go wrong, CLOSURE below 350 looks stuffed full of problems as this risks triggering reversal to an initial 306 with our secondary, if broken, at 269p. Visually, such a trauma would return the price into the mess with which it has found itself since 2022, giving an excellent reason for a bounce into the future.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:25:17PM BRENT 7517
11:27:42PM GOLD 2735.98 2732 2728 2707 2741 2748 2751 2757 2738
11:39:09PM FTSE 8172
11:42:32PM STOX50 4839.3
11:46:28PM GERMANY 19117
11:50:02PM US500 5711.9
11:53:37PM DOW 41796
11:56:20PM NASDAQ 19965 19950 19838 19729 20020 20060 20092 20141 20005
11:58:47PM JAPAN 38366

 

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%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%
28/10/2024 FTSE Closed at 8285 points. Change of 1.68%. Total value traded through LSE was: £ 4,639,447,546 a change of -2.07%
25/10/2024 FTSE Closed at 8148 points. Change of -1.46%. Total value traded through LSE was: £ 4,737,422,038 a change of -5.81%

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:FGP Firstgroup** **LSE:IQE IQE** **LSE:NWG Natwest** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : Firstgroup, IQE, Natwest, Standard Chartered, The Trainline,


LSE:FGP Firstgroup Close Mid-Price: 135 Percentage Change: -0.15% Day High: 136.6 Day Low: 128.6

Target met. In the event Firstgroup experiences weakness below 128.6 it c ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***


LSE:IQE IQE Close Mid-Price: 11.32 Percentage Change: -3.58% Day High: 11.8 Day Low: 11.16

Continued weakness against IQE taking the price below 11.16 calculates as ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


LSE:NWG Natwest. Close Mid-Price: 385.1 Percentage Change: + 2.61% Day High: 389.3 Day Low: 374.6

In the event of Natwest enjoying further trades beyond 389.3, the share s ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***


LSE:STAN Standard Chartered. Close Mid-Price: 919.8 Percentage Change: + 0.66% Day High: 923.8 Day Low: 906.4

Target met. Continued trades against STAN with a mid-price ABOVE 923.8 sh ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***


LSE:TRN The Trainline. Close Mid-Price: 397 Percentage Change: + 2.27% Day High: 397.6 Day Low: 383.8

In the event of The Trainline enjoying further trades beyond 397.6, the s ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***


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

Barclays Plc  (LSE:BARC) and party time approaching?

#Brent #WallSt   Regular readers will be aware of a personal delusion of being able to play guitar. A weird chemo side effect caused split finger nails, resulting in any effort to continue my fantasy be abandoned in pain but one of our grand-daughters has decided she needs to resume guitar lessons with me. Her intention is to surprise folk over the festive season with a few well chosen tunes.  Unnoticed, a recent change in drugs had cleared up the fingernail issue, so we’ve been doing “zoom” lessons after school. The intention is to surprise their mum during the Xmas break here with some truly absurd choices of music, completely inspired by the songs their mother will randomly sing at full volume.

The girls are being taught 4 Non Blondes “Whats Going On”, Taylor Swift’s “Love Story”, “Hi Ho Silver Lining” and of course, the inevitable Bangles classic “Manic Monday”. One girl doing the acoustic guitar work, the other singing the lead. It’s certainly going to make the hours after Xmas dinner quite interesting.

This ridiculous plan has quite a lot to do with Barclays and the sense of planning for a future. Which may be a disaster but heck, it’s going to be nice going into the months ahead with Barclays armed with some hope, rather than the white noise projected at investors since 2021. The banks share price is rapidly approaching a price level, where it can move from “near term” pressures to “big picture” pressures. From our perspective, the share price needs to close above our next target level, now at 255p, as this should launch the share into a zone where the Big Picture attraction can next be seen as coming from 290p with our secondary, if bettered, a visually believable 390p sometime in the future. While such big jumps to target levels may sound a bit silly, when share prices make the transit to “Big Picture” influences, we’ve become quite used to these ‘why did that happen?’ level of price movements.

If things intend go wrong, below 216p looks a bit troubling, allowing for reversal to 203 with secondary, if broken, at 187p and carrying the risk of the share price once again being “parked” while awaiting the next excuse for party time. For the present, we’re fairly optimistic.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
3:45:55AM BRENT 7288 7030 6591 6084 7274 7615 7820 8084 7340
4:00:29AM GOLD 2736 2740
4:04:47AM FTSE 8165.7 8130
11:17:54PM STOX50 4854.5 4861
11:21:58PM GERMANY 19187.9 19211
11:25:06PM US500 5717.7 5742
11:38:52PM DOW 41908.9 41777 41556 41297 41875 42332 42360 42580 42123
11:54:28PM NASDAQ 20008 20032
11:57:36PM JAPAN 38320 38504

 

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%
31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%
28/10/2024 FTSE Closed at 8285 points. Change of 1.68%. Total value traded through LSE was: £ 4,639,447,546 a change of -2.07%
25/10/2024 FTSE Closed at 8148 points. Change of -1.46%. Total value traded through LSE was: £ 4,737,422,038 a change of -5.81%
24/10/2024 FTSE Closed at 8269 points. Change of 0.13%. Total value traded through LSE was: £ 5,029,789,282 a change of 1.28%

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:CASP Caspian** **LSE:FOXT Foxtons** **LSE:IDS International Distribution** **LSE:TRN The Trainline** **

********

Updated charts published on : Caspian, Foxtons, International Distribution, The Trainline,


LSE:CASP Caspian Close Mid-Price: 3.2 Percentage Change: -1.54% Day High: 3.25 Day Low: 3.15

This isn’t looking great as below 3.1 now suggests a visit to 2.25 next wi ……..

Subscribe for more

</p

View Previous Caspian & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 58.4 Percentage Change: -0.68% Day High: 59 Day Low: 57.6

Weakness on Foxtons below 57.6 will invariably lead to 56p next. If broke ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:IDS International Distribution. Close Mid-Price: 339 Percentage Change: + 0.53% Day High: 339.4 Day Low: 333

This is terrible, stalling on the edge of becoming useful and simply messi ……..

Subscribe for more

</p

View Previous International Distribution & Big Picture ***


LSE:TRN The Trainline Close Mid-Price: 388.2 Percentage Change: -0.26% Day High: 392 Day Low: 383.2

Target met. Continued trades against TRN with a mid-price ABOVE 392 shoul ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***


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

FTSE for FRIDAY (FTSE:UKX), time for a Brazilian

#FTSE #GOLD  The FTSE appears to have broken trend and not in a good way. While the UK’s recent budget would be easy to blame for the market decline, if only due to the government opting to increase the tax on jobs created to 15%. Employers National Insurance Contribution (ENIC) is often felt to be a particularly unfair tax, a fee payable regardless of the income or profit level of a company, quite literally a penalty for every job created and probably the definition of “stealth tax” simply due to the naming convention. It’s also been noted the VAT rate has not been moderated from its emergency lift to 20%, this tax originally levied to produce the UK’s contribution to the European Union and despite the country no longer being a member, VAT remains at punitive levels.

And worse, we still suffer idiotic EU rules as witnessed by these awful bottle top ties…

At best, we can only guess the markets are flopping around as due to ridiculous USA election fever, the markets completely failing to know how to react from one day to the next. Thursday, with Democrat biased CNN producing large swings for Harris at the obvious expense of Trump, giving markets everywhere an excuse for a decline. The Dow Jones, for instance, finished the session at 41,763 and in a zone where the next few days points to a potential bottom of 40,600 points, a nice tidy 1,000+ point gift across the next few sessions. The only problem, there’s a US Presidential election blocking the path, promising making the 5th November fireworks quite spectacular while the real thing breaks out across the pond. Our worry comes from the number of Democrat leaders in multiple US states calling Trump the next Hitler. As a result, it becomes very possible some states shall create a situation where they refuse to certify “Hitler” as their next president, causing fireworks!

 

The FTSE appears to have joined world markets in being nervous about North America and there’s still time for a surprise recovery before a painful plunge. From our perspective, any surprise recovery requires exceed 8,150 to derail a drop to 8,046 and a fake bounce but, should 8,046 break, we shall anticipate the UK experiencing a bottom at an eventual 7,971 points and a bounce. In this scenario, it looks possible a stop loss level at 8,150 shall prove sane, if we work on the basis some sort of fake short term bounce is ahead.

 

Of course, the question must be asked of what to expect, should 8,150 be exceeded?

In such a scenario, we can calculate the potential of a lift to an initial 8,255 points with our secondary, if bettered, at 8.333 points. Overall, this dumps the UK index in a zone where an eventual breakout to 8,502 points becomes possible, perhaps suggesting the US has indeed elected Guy Fawkes as president. As always, we live in interesting times and with the Brazilian Grand Prix, the weekend might be interesting!

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:39:29PM BRENT 7399.7 7090 6986 7278 7431 7489 7224 ‘cess
11:43:53PM GOLD 2747.05 2746 2723 2760 2758 2760 2744 Success
11:40:11PM FTSE 8127.8 8071 8043 8168 8211 8254 8146 ditto
11:43:43PM STOX50 4828.8 4803 4767 4856 4859 4878 4826 ditto
11:48:22PM GERMANY 19091.7 19005 18920 19184 19191 19260 19092 ditto
11:52:39PM US500 5712 5700 5664 5737 5737 5746 5704 ditto
11:57:18PM DOW 41810 41699 41323 41984 42037 42131 41841 ditto
12:01:15AM NASDAQ 19948 19878 19730 20002 20280 20427 20150 ditto
12:05:21AM JAPAN 38305 38115 37979 38365 38787 38998 38620 ditto

 

31/10/2024 FTSE Closed at 8110 points. Change of -0.6%. Total value traded through LSE was: £ 6,729,759,967 a change of 2.02%
30/10/2024 FTSE Closed at 8159 points. Change of -0.73%. Total value traded through LSE was: £ 6,596,818,520 a change of 3.77%
29/10/2024 FTSE Closed at 8219 points. Change of -0.8%. Total value traded through LSE was: £ 6,356,988,335 a change of 37.02%
28/10/2024 FTSE Closed at 8285 points. Change of 1.68%. Total value traded through LSE was: £ 4,639,447,546 a change of -2.07%
25/10/2024 FTSE Closed at 8148 points. Change of -1.46%. Total value traded through LSE was: £ 4,737,422,038 a change of -5.81%
24/10/2024 FTSE Closed at 8269 points. Change of 0.13%. Total value traded through LSE was: £ 5,029,789,282 a change of 1.28%
23/10/2024 FTSE Closed at 8258 points. Change of -0.58%. Total value traded through LSE was: £ 4,966,414,850 a change of 16.11%

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:DGE Diageo** **LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : B & M, Carnival, Diageo, MAN, Foxtons, Hikma, Spirent Comms, Spirax, Standard Chartered, The Trainline,


LSE:BME B & M Close Mid-Price: 387.6 Percentage Change: -3.41% Day High: 400.8 Day Low: 384.8

Target met. Continued weakness against BME taking the price below 384.8 c ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***


LSE:CCL Carnival. Close Mid-Price: 1557 Percentage Change: + 2.17% Day High: 1595 Day Low: 1522.5

Target met. Continued trades against CCL with a mid-price ABOVE 1595 shou ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***


LSE:DGE Diageo Close Mid-Price: 2399 Percentage Change: -2.08% Day High: 2420.5 Day Low: 2381.5

Weakness on Diageo below 2381.5 will invariably lead to 2312 and hopefull ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***


LSE:EMG MAN Close Mid-Price: 198.6 Percentage Change: -0.40% Day High: 199.5 Day Low: 197

If MAN experiences continued weakness below 197, it will invariably lead ……..

Subscribe for more

</p

View Previous MAN & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 58.8 Percentage Change: -2.97% Day High: 59.8 Day Low: 58

If Foxtons experiences continued weakness below 58, it will invariably le ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:HIK Hikma Close Mid-Price: 1855 Percentage Change: -2.47% Day High: 1901 Day Low: 1840

Continued weakness against HIK taking the price below 1840 calculates as ……..

Subscribe for more

</p

View Previous Hikma & Big Picture ***


LSE:SPT Spirent Comms Close Mid-Price: 168 Percentage Change: -1.12% Day High: 170 Day Low: 166.2

In the event Spirent Comms experiences weakness below 166.2 it calculates ……..

Subscribe for more

</p

View Previous Spirent Comms & Big Picture ***


LSE:SPX Spirax Close Mid-Price: 6455 Percentage Change: -1.22% Day High: 6545 Day Low: 6420

Target met. If Spirax experiences continued weakness below 6420, it will ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***


LSE:STAN Standard Chartered Close Mid-Price: 900.4 Percentage Change: -1.34% Day High: 918.4 Day Low: 894.2

All Standard Chartered needs are mid-price trades ABOVE 918.4 to improve ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***


LSE:TRN The Trainline. Close Mid-Price: 389.2 Percentage Change: + 3.46% Day High: 388.6 Day Low: 373.6

All The Trainline needs are mid-price trades ABOVE 388.6 to improve accel ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***


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