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Fevertree Drinks Plc (LSE:FEVR) got any fizz?

#Gold #Germany  The unexpected can come from any direction. That’s why it’s unexpected! As per a domestic bad habit, we’d narrowed the choice of films to watch on Sunday evening to 2 titles, each of us selecting something we thought the other would watch. It’s that sort of marriage with a degree of comic hilarity, if manners call for one us to move aside for the other. Cutting a long story short, my wife chose “Deadpool and Wolverine” as the evening movie, I chose the relatively unknown “Mrs Harris Goes To Paris”. Our usual coin toss decider meant “Mrs Harris …” was selected to watch. After all, who wouldn’t want to watch a movie about a widowed cleaning lady going to Paris to buy a frock from Dior in the 1950’s?

The film was excellent and the animals, clearly recognising the mood in the room, kept quiet with no demands to go out to the garden.

Apparently, some of the film was based on an exaggerated true story, an incident which changed forever the way Christian Dior retailed their products. And with the witchcraft of movie production, an entertaining story followed and a film worth watching out for. Personally, as a Deadpool fanboy, usually I’d be a bit irritated but on this instance, there was surprising proof the UK can still make movies.

 

Unfortunately, Fevertree Drinks need the unexpected quite urgently. Perhaps their little glass bottles will step forward.  Thankfully bereft of the stupid EU rule demanding tags on plastic soft drink bottle caps (but oddly, not on milk containers), it certainly seems Fevertree need a change of fortunes, due to their sales proving flat during the first half of 2024. Invariably, the company blame the appalling weather we’ve been gifted this year for their rotten sales but as we’re now looking the party festive season in the eye, perhaps a change in fortunes may be possible.

Unfortunately, according to historical share price movements, we’re not enthusiastically looking for surprise recovery.

The current situation hints of movement below 770p triggering reversal to 727p and perhaps a bounce. The danger comes, if 727 breaks, calculates at 579p, again with a chance of a bounce but should 579 break, bottom almost must work out before an eventual 410p.

Should the share price ever decide to have fun, it needs close a session above just 854p to trigger recovery to an initial 908p with our secondary, if beaten, a visually sane 1072p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:09:13PM BRENT 7189.4 ‘cess
10:40:21PM GOLD 2634.16 2630 2621 2599 2644 2668 2676 2693 2643 ‘cess
10:52:07PM FTSE 8244.8 ‘cess
10:56:06PM STOX50 5005.1 Success
11:13:21PM GERMANY 19357.8 19233 19144 19027 19369 19497 19593 19794 19350
11:17:40PM US500 5748.9 Success
11:20:28PM DOW 42250.1 ‘cess
11:22:38PM NASDAQ 20010
12:50:53AM JAPAN 38183

 

30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:GENL Genel** **LSE:IQE IQE** **LSE:TLW Tullow** **

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Updated charts published on : Anglo American, Aston Martin, Avacta, BALFOUR BEATTY, Genel, IQE, Tullow,

LSE:AAL Anglo American Close Mid-Price: 2429 Percentage Change: -0.37% Day High: 2490.5 Day Low: 2406

Continued trades against AAL with a mid-price ABOVE 2490.5 should improve ……..

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LSE:AML Aston Martin Close Mid-Price: 120.4 Percentage Change: -24.51% Day High: 148 Day Low: 114.6

If Aston Martin experiences continued weakness below 114.6, it will invar ……..

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LSE:AVCT Avacta Close Mid-Price: 49 Percentage Change: -4.85% Day High: 52.5 Day Low: 45.5

If Avacta experiences continued weakness below 45.5, it will invariably l ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 430.8 Percentage Change: -1.37% Day High: 445.6 Day Low: 427.4

Continued trades against BBY with a mid-price ABOVE 445.6 should improve ……..

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LSE:GENL Genel Close Mid-Price: 69.2 Percentage Change: -7.36% Day High: 75 Day Low: 69.4

Target met. Weakness on Genel below 69.4 will invariably lead to 68p with ……..

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LSE:IQE IQE Close Mid-Price: 16.72 Percentage Change: -3.13% Day High: 17.32 Day Low: 16.4

Target met. In the event IQE experiences weakness below 16p it calculates ……..

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LSE:TLW Tullow Close Mid-Price: 21.38 Percentage Change: -4.98% Day High: 23.16 Day Low: 21.36

Target met. Continued weakness against TLW taking the price below 21.36 c ……..

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

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Natwest Group (LSE:NWG) currently 346.4, a happy share???

#Brent #SP500 We’ve mentioned our chum before, someone who works at a pretty senior level for one of the UK’s main retailers. Her particular “bag” is being where the buck stops eventually, when a customer complaint cannot be dealt with by AI, their call centres in India, or finally, their folk in the UK who handle the difficult stuff, along with any well written email problems. Her visit this weekend gave us a funny story, the sort of thing “Readers Digest” used to have a page for and ensured she gets to skip a turn, when buying our Saturday Chinese takeaways here in Argyll.

The email in question was pretty straightforward, a customer writing in to complain about a company employee punching her car hard and forcing her to stop. She freely admitted she’d been reversing over a clearly marked pedestrian crossing and couldn’t see clearly, because of her pile of shopping obscuring her view of people on the crossing. But this didn’t justify the employee thumping her car to avoid being run over. She then complained to the store manager who advised she email the company, an act of utter genius in ducking a problem. The eventual email bounced around the company before finally being dumped at “Executive Level”, obviously due to no-one have the guts to be blunt!

Our chum decided to exaggerate the incident slightly, crafting an email which implied the staff member hadn’t taken legal action due to the lack of video evidence. But as the customers email admitted what had really happened, this recourse was now open. But as a gesture of goodwill, the customer could now regard themselves as banned from that particular store.

 

We’re a little worried at the possibility we may be behaving like the “reversing moron” referred to above as there’s a chance we may be ignoring something fairly obvious against Natwest, a share notorious for failing to grab opportunity when it comes along. What caught our attention was a series of share price movements at the end of July (shown on insert), when for 4 sessions it began to appear possible the share price was reacting to an absurd trend line which dates back to 2007. If this is indeed the case, there’s a pretty strong argument suggesting we pay close attention to any break of this trend, due to the unthinkable chance this retail bank may actually start to do something useful. Then again, to judge by political gossip, there seems an imminent chance of yet another political upheaval in the UK as the current administration are accused of looking at the days of Boris or Truss then saying “hold my beer”… According to rumour, it’s difficult to walk Downing St without tripping over a legal Super Injunction and NDA’s.

Currently, for Natwest, above 355p should break trend, potentially triggering a lift to an initial 376p with our secondary, if exceeded, calculating at 452p or perhaps even 475p, thanks to the effect of quite a few price manipulation gaps at the open of trade this year. To trash the opportunity, the share need only slither below 324p (if the movement triggers), leading to a favourable stop loss level.

Below 324p risks being slightly dangerous, working out with an initial drop target of 292p with our secondary, if broken, at 235p and hopefully yet another bounce as the share once again attempts to storm the future!

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:38:58PM BRENT 7199 7056 6955 6768 7180 7202 7268 7348 7110
11:40:42PM GOLD 2657 2644 2637 2621 2657 2685 2701 2711 2668
11:44:40PM FTSE 8298 8261 8243 8212 8316 8336 8348 8398 8312
11:49:47PM STOX50 5048.3 5026 5017 4999 5052 5073 5108 5237 5035
11:57:29PM GERMANY 19395.9 19236 19139 19022 19423 19490 19552 19748 19420
12:04:01AM US500 5730.2 5726 5717 5701 5740 5765 5792 5928 5730
1:38:00AM DOW 42268 42136 41942 41712 42251 42632 42817 43335 42364
1:40:22AM NASDAQ 19973.6 19952 19824 19659 20089 20319 20353 20410 20052
1:42:59AM JAPAN 37364 37837 36785 35733 38010 39941 40884 42803 38833

 

27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AAL Anglo American** **LSE:DGE Diageo** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Anglo American, Diageo, British Airways, Intertek, Standard Chartered,

LSE:AAL Anglo American Close Mid-Price: 2438 Percentage Change: -0.06% Day High: 2464 Day Low: 2418.5

All Anglo American needs are mid-price trades ABOVE 2464 to improve accel ……..

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LSE:DGE Diageo. Close Mid-Price: 2653 Percentage Change: + 1.47% Day High: 2659.5 Day Low: 2615.5

In the event of Diageo enjoying further trades beyond 2659.5, the share s ……..

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LSE:IAG British Airways. Close Mid-Price: 212.3 Percentage Change: + 2.02% Day High: 211.9 Day Low: 207.6

Continued trades against IAG with a mid-price ABOVE 211.9 should improve ……..

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LSE:ITRK Intertek. Close Mid-Price: 5240 Percentage Change: + 0.96% Day High: 5235 Day Low: 5125

Target met. Continued trades against ITRK with a mid-price ABOVE 5235 sho ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 807.4 Percentage Change: + 0.47% Day High: 811.8 Day Low: 795.4

In the event of Standard Chartered enjoying further trades beyond 811.8, ……..

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

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Our super popular FTSE for FRIDAY (FTSE:UKX)

#FTSE #Gold  The concept of animals keeping pets is something which frankly never crossed my mind. But the other day, when doing the dog walk, a crow “cawed” at me with Penny, the Golden Retriever, immediately giving it a couple of barks. Looking at the bird, it had a white patch on one side, very similar to one of our back garden crows called Cheryl. Today, while working outside, a crow flew low overhead, made some crow noises, and Penny responded with a couple of barks. The crow, once again, was the one with a white patch and the question now is fairly simple. Does Penny have a pet crow or, does Cheryl have a pet dog? Or are they just friends, perhaps due to the time Cheryl flew into a telephone line and hurt her wing. Rather than attack, the dog ran to the house barking and I found myself on the phone to the vet for advice. I’d to keep an eye on the bird for a couple of hours and if it didn’t fly off, take it to the vet. During the entire time, the dog remained on the lawn and chose to ignore the crows mate (Russell) which was bouncing around on the lawn. Needless to say, at some point Cheryl flew off but since, the two birds have been regular visitors to the garden to deliberately annoy the dog by patrolling outside the patio doors until we let her out. At that point, they fly onto the wall, communing silently with the dog.

Animals can be strange but the purpose of this story is to highlight our frustration with the FTSE and its lack of action.

It’s getting to the stage where we feel if we ever decide to dodge watching the UK FTSE for a day, something might actually happen with the market rather than the series of pretend movements we’ve been seeing during September. What’s a bit of a surprise has been the level of financial traffic through London with Thursday producing the 2nd highest financial day of the month.

 

Our obvious frustration due to the UK index being poised to head upward, yet failing to do so, makes us feel we should routinely be wearing a tinfoil hat as it’s becoming nearly impossible to figure out any logic behind the UK markets intransigence. Perhaps it may be the case the market is waiting until the current UK Prime Minister resigns or maybe the US elects a proper president. Then again, it could just be a delay until we can finally say goodbye to September, traditionally a pretty foul month.

If any miracle intends happening, near term above 8306 points should trigger movement to an initial 8345 points with our secondary, if bettered, calculating at 8390 points. If triggered, the tightest stop loss level looks like 8264 points.

Our alternate scenario, if everything decides to go wrong, below 8250 looks capable of provoking trouble, giving an initial drop target at 8218 points with our secondary, if broken, working out at 8183 points.

 

Thankfully, we’re facing a weekend without a Grand Prix as the last one from Singapore made switching to watch yet another repeat of Tipping Point a viable ambition. Something seems to be going very wrong with Formula1, my wife already choosing to avoid watching it and personally I’m getting close. The rot set in, when they cheated Louis Hamilton out of the world championship, arguably for the 2nd time, as many people believe he should be a 9 times world champion, rather than tying with Mike Schumacher at 7 championships.

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
10:17:57PM BRENT 7089 7030 6949 7182 7202 7237 7080 Success
10:21:12PM GOLD 2671.96 2655 2643 2669 2686 2695 2663 Success
10:23:48PM FTSE 8279.6 8262 8239 8302 8333 8352 8296 ‘cess
10:26:55PM STOX50 5038.5 4994 4976 5016 5049 5055 5008 Success
10:29:53PM GERMANY 19277.8 19105 19040 19172 19298 19336 19111 Success
10:32:44PM US500 5746.1 5730 5720 5740 5774 5793 5710 Success
10:36:50PM DOW 42170 41845 41668 42007 42225 42343 42025
10:40:23PM NASDAQ 20122.1 19965 19867 20103 20317 20454 20182 Success
10:45:59PM JAPAN 39562 39000 38907 39227 39628 39808 39396 ‘cess

 

26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AAL Anglo American** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:PHP Primary Health** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **

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Updated charts published on : Anglo American, Avacta, BALFOUR BEATTY, BP PLC, British Telecom, Diageo, Experian, Gulf Keystone, Hikma, Intertek, Just Eat, Marks and Spencer, Primary Health, Rolls Royce, Standard Chartered,

LSE:AAL Anglo American. Close Mid-Price: 2439.5 Percentage Change: + 6.16% Day High: 2452 Day Low: 2363

Further movement against Anglo American ABOVE 2452 should improve acceler ……..

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LSE:AVCT Avacta Close Mid-Price: 49.5 Percentage Change: -1.98% Day High: 53.5 Day Low: 48

Target met. In the event Avacta experiences weakness below 48 it calculat ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 437.4 Percentage Change: + 1.72% Day High: 441 Day Low: 432.4

Target met. All BALFOUR BEATTY needs are mid-price trades ABOVE 441 to im ……..

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LSE:BP. BP PLC Close Mid-Price: 383.85 Percentage Change: -4.10% Day High: 387 Day Low: 379.75

Target met. If BP PLC experiences continued weakness below 379.75, it wil ……..

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LSE:BT.A British Telecom Close Mid-Price: 149.3 Percentage Change: -0.73% Day High: 152.15 Day Low: 148.7

All British Telecom needs are mid-price trades ABOVE 152.15 to improve ac ……..

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LSE:DGE Diageo. Close Mid-Price: 2614.5 Percentage Change: + 4.68% Day High: 2635 Day Low: 2548.5

Target met. Continued trades against DGE with a mid-price ABOVE 2635 shou ……..

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LSE:EXPN Experian. Close Mid-Price: 3906 Percentage Change: + 1.06% Day High: 3965 Day Low: 3898

Target met. Continued trades against EXPN with a mid-price ABOVE 3965 sho ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 113 Percentage Change: -0.44% Day High: 114.8 Day Low: 111

Weakness on Gulf Keystone below 111 will invariably lead to 105p with sec ……..

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LSE:HIK Hikma. Close Mid-Price: 1877 Percentage Change: + 0.54% Day High: 1891 Day Low: 1859

If Hikma experiences continued weakness below 1859, it will invariably le ……..

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LSE:ITRK Intertek. Close Mid-Price: 5190 Percentage Change: + 0.97% Day High: 5225 Day Low: 5175

All Intertek needs are mid-price trades ABOVE 5225 to improve acceleratio ……..

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LSE:JET Just Eat. Close Mid-Price: 1136 Percentage Change: + 1.43% Day High: 1170 Day Low: 1140

Target met. Further movement against Just Eat ABOVE 1170 should improve a ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 374 Percentage Change: -0.64% Day High: 380 Day Low: 373.6

In the event of Marks and Spencer enjoying further trades beyond 380, the ……..

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LSE:PHP Primary Health. Close Mid-Price: 101.8 Percentage Change: + 0.39% Day High: 103 Day Low: 101.5

Continued trades against PHP with a mid-price ABOVE 103 should improve th ……..

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LSE:RR. Rolls Royce Close Mid-Price: 526.8 Percentage Change: -0.94% Day High: 535 Day Low: 525.8

In the event of Rolls Royce enjoying further trades beyond 535, the share ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 803.6 Percentage Change: + 5.29% Day High: 807.2 Day Low: 776

Continued trades against STAN with a mid-price ABOVE 807.2 should improve ……..

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

Posted on

EasyJet looking ready to take-off…

#Gold #Nasdaq Traditionally when discussing airlines, we focus on a particular horror story provided by many airlines. We’ve never told our Ryanair story but will admit we’d walk rather than give money to that airline. EasyJet has only provided a single serious fright, when we found ourselves skidding down Bristol Airports runway while aboard a landing 737. The words of the pilot commanding “Brace Brace Brace” felt like they’d be the last words we’d hear. When the thing stopped, passengers were bussed to the terminal building while professionals wandered around the jet, looking closely at the undercarriage.

It was all very exciting, many passengers embarrassed to discover they were holding hands with a total stranger.

 

The Travel and Leisure sector of the UK market is now looking interesting, the sector literally on the cusp of providing some reasonable gains. Presently bouncing around the 7943 point level, the sector only needs close a session above 7972 to suggest happier times may be ahead as a cycle toward 8822 points should commence. Our longer term secondary calculates at 9167 points, a price level at which some hesitation is anticipated but with closure above such a level, the travel sector should intend challenging the high above 10000 points, prior to Covid-19 trashing the sector from 2020 onwards. It remains a surprise the boss of RyanAir hasn’t yet figured out a way of flying illegal immigrants into Dublin to create a new income stream for the airline…

 

For EasyJet, their share price has been moving slightly ahead of the Travel Sector index and the pause in share price movements over the last 7 sessions tends provide quite a lot of hope for forthcoming positive movement. Currently, above 528p should trigger movements to an initial 540 with our secondary, if bettered, at 687p. The visuals on the chart below indicate quite a strong potential for future hesitation at the 687p level, given historical share price movements since 2022. In our experience, only once the share price closes above such a level dare we accept future strong movement should occur.

Our converse scenario triggers with share price movement below 473, allowing for reversals to an initial 446 with our secondary, if broken, at 411p and a potential bottom. However, overall we’re inclined toward optimism here.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:03:57PM BRENT 7302.2 Success
11:24:11PM GOLD 2656.72 2650 2641 2631 2661 2668 2671 2678 2654
11:33:11PM FTSE 8264.1
11:26:33PM STOX50 4913.6
11:29:35PM GERMANY 18927
11:33:56PM US500 5726
11:39:58PM DOW 41898.5 Shambles
11:43:46PM NASDAQ 20026.3 19842 19747 19646 19953 20047 20081 20196 19982
11:46:20PM JAPAN 38381 37838 37633 37379 38228 38403 38531 38808 38188 Success

 

25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%
17/09/2024 FTSE Closed at 8309 points. Change of 0.37%. Total value traded through LSE was: £ 5,628,109,018 a change of 50.11%

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:AVCT Avacta** **LSE:BT.A British Telecom** **LSE:HIK Hikma** **LSE:ITRK Intertek** **

********

Updated charts published on : Avacta, British Telecom, Hikma, Intertek,

LSE:AVCT Avacta Close Mid-Price: 50.5 Percentage Change: -6.48% Day High: 53.5 Day Low: 49.5

Target met. Continued weakness against AVCT taking the price below 49.5 c ……..

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LSE:BT.A British Telecom. Close Mid-Price: 150.4 Percentage Change: + 0.57% Day High: 151.95 Day Low: 148.65

Further movement against British Telecom ABOVE 151.95 should improve acce ……..

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LSE:HIK Hikma. Close Mid-Price: 1867 Percentage Change: + 0.32% Day High: 1880 Day Low: 1840

In the event Hikma experiences weakness below 1840 it calculates with a d ……..

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LSE:ITRK Intertek. Close Mid-Price: 5140 Percentage Change: + 0.19% Day High: 5175 Day Low: 5100

Target met. In the event of Intertek enjoying further trades beyond 5175, ……..

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

Posted on

VISA (NYSE:V) currently 67 & paying for fun.

#FTSE #Nasdaq It proved easy to waste a few hours, speculating on the prospect of “X” (aka Twitter) being listed on the US markets again.  For a Dow Jones listing, the company would obviously treasure the share epic of “X”, currently assigned to US Steel Corp, a share value which looks capable of tumbling from 38 dollars to 21 dollars. But on the Nasdaq, the moniker “X” remains unassigned. Given Mr Musks liking for the 24th letter of the alphabet, we wouldn’t be entirely surprised if he discovered a need to own a company capable of making big tubes on which to attach rocket motors.

Back in the day, it was also quite amusing to go skiing in Colorado, discovering at the last moment the resort was a “Visa” town or a “Mastercard” town. And of course, they would all boast cheerfully American Express and Diners Card were not welcome. Thankfully, it proved easy to visit a bank to withdraw a couple of dollars, ensuring cash was always available to pay for things. Thankfully, in the UK and Europe, this sort of nonsense ever broke out aside from many retailers refusing to take Amex or Diners, due to the processing costs. It was quite literally the case, when accepting Amex as payment for petrol or diesel, ensured the retailer made a loss on the transaction, due to processing costs.

 

Obviously, there are few companies with a cool single letter share code moniker and Visa with their “V” stand out quite prominently.

 

Visa and the companies latest travails with the US justice system, is worthy of a glance, their share price being trashed by over 5% on Tuesday.. The justice department in America has accused Visa of behaving like a monopoly, leading to a strong suspicion this is yet another case of the US Government engaging in what’s becoming known as “Lawfare”. The immediate candidate for the job of President, Harris, has made going after credit card companies part of her word salad program, arguing further competition is needed in the area of credit card processing to reduce prices. The politicians have finally figured out high transaction costs are passed onto consumers by retailers and with Visa controlling over 60% of the processing market, the company can therefore be accused of contributing to the higher cost of living in the USA. Given the timing of the announcement, we suspect this legal action shall be quietly dumped in legal mud, once the US election charade is complete.

Oddly, this is one of our specialist subjects with us writing software to interrogate specific credit card machines for several large companies throughout the UK. It was all pretty straightforward, generally our software accessing EFT (electronic fund transfer) machines at 11.15pm, collating the national data by 11.20pm, issuing potential fraud reports to area managers by 11.21pm, dumping the days relevant data to banks and credit card companies by 11.25pm. And of course, issuing smug statistical reports to senior management by 11.30pm. The entire system, dealing with over 3,000 retail outlets, was actually running on a desktop PC in my office at home but invariably, when a posse of grown ups from the clients wanted to view our “data centre”, we created a steel Faraday cage containing a pile of important looking servers with the requisite number of flashing lights. From a personal perspective, this was my first indoctrination into the costs of processing data. A few hours writing software, a few days creating a load of BS in important looking offices, and utter horror at the realisation the real processing cost for each transaction could be calculated against the charge for electricity. The cost of processing had been handled when the clients paid for their software and the cost of electricity was probably 1/1000th of a penny per transaction.

But the credit and debit card companies had teeth, debit card companies charging a single transaction fee whereas credit card companies would charge a percentage. And the oil companies restricted retailers to accept a 2% profit margin at best, a notion which has now thankfully changed. But it left the UK with an unpleasant number of fenced off derelict sites which once employed people selling petrol, groceries, and giving away free wine glasses…

 

The immediate situation for Visa (NYSE:V) looks like share price value below 272 risks promoting reversal to 262 and perhaps a bounce, due to the uptrend since 2022. Our Big Picture secondary, should such a level break, calculates down at 222 and a pretty confident hope for a rebound. However, we suspect 262 shall be “it” and shall probably designate the level at which the politicians stop posturing.

If things intend go right for Visa, it needs above 293.07 to signal the potential of further movement to 300 with our secondary, if beaten, at 329 and a pretty certain chance of some hesitation.

In summary, while we regard the entire cost of credit card processing being a complete rip-off, the reality is of companies being in the business to make money and nowadays, they dangle free everything to retailers with the hope their equipment is taken, trapping the retailer in a field of charges. Our preference would be the establishment of data handling companies, such as we provided back in the days of dinosaurs, with the giant credit and debit card companies being handed their data. To confirm, the cost of handling data was – from our perspective – a one-off payment which cleared several personal mortgages, credit card debts, and a load of other things. But once the company had our software, everything ran smoothly. Nowadays, we’d of course had the bright idea of a lower purchase price along with an annual service contract. It was one of our bigger “oops” moments but asking us about email software, speech recognition, Bluetooth headsets, or direct debits, is liable to provoke a few snarls. As a company, we screwed up in several areas before most folk knew they existed! To give a clue, Microsoft Outlook Express proved to be visually identical to some communication code we sold to the UK government. And yes, we still harbour a grudge.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:53:33PM DOW 42152 ‘cess
10:00:09PM BRENT 7447.8
10:12:03PM GOLD 2656.77 Success
10:15:38PM FTSE 8260.5 8250 8224 8193 8280 8317 8340 8387 8280
10:20:11PM STOX50 4936.6 Success
10:22:49PM GERMANY 18990 ‘cess
10:28:04PM US500 5735.6
10:30:44PM NASDAQ 19957.1
10:34:35PM JAPAN 37867 37692 37309 36860 38010 38086 38199 38366 37807 ‘cess

 

24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%
17/09/2024 FTSE Closed at 8309 points. Change of 0.37%. Total value traded through LSE was: £ 5,628,109,018 a change of 50.11%
16/09/2024 FTSE Closed at 8278 points. Change of 0.06%. Total value traded through LSE was: £ 3,749,335,232 a change of -16.44%

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:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:RR. Rolls Royce** **

********

Updated charts published on : British Telecom, Diageo, Experian, Hikma, HSBC, Rolls Royce,

LSE:BT.A British Telecom. Close Mid-Price: 149.55 Percentage Change: + 0.98% Day High: 149.85 Day Low: 147.85

Continued trades against BT.A with a mid-price ABOVE 149.85 should improv ……..

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LSE:DGE Diageo. Close Mid-Price: 2549 Percentage Change: + 0.89% Day High: 2560 Day Low: 2522

Further movement against Diageo ABOVE 2560 should improve acceleration to ……..

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LSE:EXPN Experian Close Mid-Price: 3861 Percentage Change: -0.34% Day High: 3898 Day Low: 3782

Further movement against Experian ABOVE 3898 should improve acceleration ……..

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LSE:HIK Hikma Close Mid-Price: 1861 Percentage Change: -0.64% Day High: 1880 Day Low: 1861

Target met. Weakness on Hikma below 1861 will invariably lead to 1837p wi ……..

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LSE:HSBA HSBC. Close Mid-Price: 672.2 Percentage Change: + 0.22% Day High: 683.4 Day Low: 671

All HSBC needs are mid-price trades ABOVE 683.4 to improve acceleration t ……..

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LSE:RR. Rolls Royce Close Mid-Price: 526.6 Percentage Change: -0.68% Day High: 534 Day Low: 520.4

Target met. Further movement against Rolls Royce ABOVE 534 should improve ……..

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

Posted on

Avacta Group Plc (LSE:AVCT) currently 67.

#Gold #Nasdaq We previously reviewed this back in June, allocating a target of 68.2 and the potential of the share price taking the important step of regaining a 4 year old uptrend. This is usually a big deal, something important, as it generally signifies a share price which intends head higher, potentially a lot higher. And this is where it all went wrong!

The price certainly regained the uptrend, even exceeding our target and reaching 86p briefly, then it dropped like a stone, eventually deciding 52p was a bottom. Then it bounced, again exceeding the Red line since 2020. We’re inclined to view the Red uptrend as a “fake”, something the market is ignoring. Using a Green crayon, we’ve illustrated yet another uptrend since 2020, one which may prove of interest in the future. We habitually examine how share prices move in relation to established trend lines as these dance steps invariably give away the game. In this instance, we’re simply not sure as to the markets intention. Regular readers will be aware of our inherent bias in favour of serious healthcare companies such as this. From a personal perspective, every 28 days, I’ve to attend “the unit” where they pump a litre of stuff into my bloodstream over a prolonged period. The stuff is quite clever, floating around internally, wearing short skirts, high heals, and flimsy clothing, designed to attract nasty leukaemia cells.

Eventually, a nasty cells succumbs to temptation, attempting to dominate what it thought was an innocent but attractive white blood cell. The “stuff” does its thing, encapsulating the nasty cell, eventually contracting and destroying it. When the human host of this internal battle goes for a pee, it’s fairly common to question just what produced such a funky colour. It all makes sense, if you’re doing chemo, you are advised to drink a minimum of 2 litres of liquid a day. The reason is simple, the body needs flush out dud cancer cells but the patient generally becomes an expert of the location of public toilets or car parking adjacent to some discrete bushes.

Movements of Avacta share price seem to be replicating the human kidney, not knowing what to do with what’s going on. Due to the price exceeding our secondary target in July, August, and September, we’re inclined toward some hope for the future. It’s also trading above our emergency Green line on the chart below, perhaps an indication the Red trend line was a fake. If we’re correct in this piece of paranoia, above just 68 should now prove useful, allegedly capable of triggering share price recovery to an initial 80p with our secondary, if bettered, at 96p, along with an expected pause for thought.

 

Of course, our alternate scenario warns of danger below 61p bringing reversal to an initial 42p with our secondary, if broken, a less certain 28p.

Sorry we cannot be more precise for those who emailed. If the Green line is indeed important, a bounce should be imminent but overall, we’re a little confused.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:09:20PM BRENT 7361 Success
11:13:47PM GOLD 2627.21 2614 2606 2597 2624 2635 2638 2646 2626
11:17:05PM FTSE 8258.9
11:19:23PM STOX50 4889.7
11:27:03PM GERMANY 18862 ‘cess
11:34:12PM US500 5713.8
11:37:35PM DOW 42075.5
11:40:12PM NASDAQ 19827 19730 19705 19629 19866 19933 20019 20117 19857
11:43:58PM JAPAN 38311

 

23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%
17/09/2024 FTSE Closed at 8309 points. Change of 0.37%. Total value traded through LSE was: £ 5,628,109,018 a change of 50.11%
16/09/2024 FTSE Closed at 8278 points. Change of 0.06%. Total value traded through LSE was: £ 3,749,335,232 a change of -16.44%
13/09/2024 FTSE Closed at 8273 points. Change of 0.4%. Total value traded through LSE was: £ 4,486,905,265 a change of -19.07%

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:BME B & M** **LSE:FGP Firstgroup** **LSE:HIK Hikma** **LSE:IQE IQE** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **

********

Updated charts published on : B & M, Firstgroup, Hikma, IQE, Marks and Spencer, Rolls Royce, Spirax, Tern Plc,

LSE:BME B & M Close Mid-Price: 410.1 Percentage Change: -2.57% Day High: 416.6 Day Low: 401.9

Target met. Continued weakness against BME taking the price below 401.9 c ……..

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LSE:FGP Firstgroup. Close Mid-Price: 145.8 Percentage Change: + 0.07% Day High: 148.7 Day Low: 141.9

Target met. Weakness on Firstgroup below 141.9 will invariably lead to 13 ……..

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LSE:HIK Hikma Close Mid-Price: 1873 Percentage Change: -1.52% Day High: 1912 Day Low: 1876

Continued weakness against HIK taking the price below 1876 calculates as ……..

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LSE:IQE IQE Close Mid-Price: 16.8 Percentage Change: -1.87% Day High: 17.62 Day Low: 16.8

Continued weakness against IQE taking the price below 16.8 calculates as ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 376 Percentage Change: + 1.76% Day High: 377.2 Day Low: 371.9

Continued trades against MKS with a mid-price ABOVE 377.2 should improve ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 530.2 Percentage Change: + 0.76% Day High: 530.6 Day Low: 522.8

Continued trades against RR. with a mid-price ABOVE 530.6 should improve ……..

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LSE:SPX Spirax. Close Mid-Price: 7170 Percentage Change: + 0.14% Day High: 7200 Day Low: 7100

Weakness on Spirax below 7100 will invariably lead to 6972p with secondar ……..

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LSE:TERN Tern Plc Close Mid-Price: 1.1 Percentage Change: -8.33% Day High: 1.2 Day Low: 0.95

In the event Tern Plc experiences weakness below 0.95 it calculates with ……..

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View Previous Tern Plc & Big Picture ***

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

Posted on

Barclays (LSE:BARC) currently 226.75

#Brent #SP500 The Singapore Grand Prix was boring. Perhaps cruel to admit this so blatantly but as a race usually editing itself to be quite lively, it proved more exciting watching a couple of leaves falling off a Beech Tree in the garden, slowly spiralling to the ground and trying to guess which would be first. Even the jaded sounding commentators on Sky Sports were starting to sound like they’d prefer to be cataloguing the behaviour of left leaf vs. right leaf. As can be assumed, cold and windy September Sundays here in Argyll can be somewhat lacking in entertainment value.

Since the start of August, it has been more interesting watching leafs falling than reviewing Barclays share price movements. We’d been hopeful the coming of September, along with the prospect of interest rate reductions by Central Banks, could’ve improved the prospect for retail banks but thanks to the behaviour of the UK’s BoE, it looks like the Britain shall be late to the party. Perhaps the oncoming budget in the coming week shall dangle some reason for optimism but, given the folks unveiling their plans for the country, we’re not going to be surprised if they make Liz Truss look competent.

 

Maybe it shall prove to be the case Barclays shall continue to march on the spot while we await October but now, below 214p risks triggering reversals to an initial 196p and perhaps a rebound. Should such a level break, our secondary works out at 181p. The visuals don’t hold out any great hope for a bounce at such a level.

Of course, we could be surprised and feel the 232p level should perhaps be expected to prove capable of giving a trigger for recovery. Closure above such a level calculates with the potential of a lift to an initial 261p with our secondary, if bettered, at a more impressive 305p. Who knows, maybe a UK Government shall abandon tradition and try and do something useful for the country…

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:11:55PM BRENT 7369.3 7355 7329 7278 7415 7456 7476 7567 7390
11:18:23PM GOLD 2620.09 2612
11:21:02PM FTSE 8213 8316
11:25:00PM STOX50 4874.2 4915
11:27:14PM GERMANY 18795.2 18797
11:30:20PM US500 5719 5674 5665 5643 5698 5714 5730 5748 5694
11:32:56PM DOW 42118.5 42047
11:35:50PM NASDAQ 19900.8 19756
11:38:34PM JAPAN 38635 38234

 

20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%
17/09/2024 FTSE Closed at 8309 points. Change of 0.37%. Total value traded through LSE was: £ 5,628,109,018 a change of 50.11%
16/09/2024 FTSE Closed at 8278 points. Change of 0.06%. Total value traded through LSE was: £ 3,749,335,232 a change of -16.44%
13/09/2024 FTSE Closed at 8273 points. Change of 0.4%. Total value traded through LSE was: £ 4,486,905,265 a change of -19.07%
12/09/2024 FTSE Closed at 8240 points. Change of 0.57%. Total value traded through LSE was: £ 5,544,211,682 a change of 9.81%

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:BLVN Bowleven** **LSE:DGE Diageo** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:IQE IQE** **LSE:PMG Parkmead** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Bowleven, Diageo, Firstgroup, Greggs, Hikma, IQE, Parkmead, Rolls Royce, Spirax, Taylor Wimpey,

LSE:BLVN Bowleven. Close Mid-Price: 0.28 Percentage Change: + 57.14% Day High: 0.28 Day Low: 0.18

It’s hard to be optimistic with this shambles. It needs above 0.28 to now ……..

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LSE:DGE Diageo Close Mid-Price: 2494.5 Percentage Change: -2.25% Day High: 2533 Day Low: 2492.5

Above 2535 has the potential to trigger recovery to an initial 2573 with o ……..

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LSE:FGP Firstgroup Close Mid-Price: 145.7 Percentage Change: -5.27% Day High: 152.6 Day Low: 144.5

Target met. Continued weakness against FGP taking the price below 144.5 c ……..

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LSE:GRG Greggs Close Mid-Price: 3140 Percentage Change: -1.57% Day High: 3250 Day Low: 3124

In the event of Greggs enjoying further trades beyond 3250, the share sho ……..

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LSE:HIK Hikma Close Mid-Price: 1902 Percentage Change: -3.16% Day High: 1953 Day Low: 1891

This feels like it is going wrong. Below 1890 now calculates with the pote ……..

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LSE:IQE IQE Close Mid-Price: 17.12 Percentage Change: -3.17% Day High: 17.94 Day Low: 17.22

If IQE experiences continued weakness below 17.22, it will invariably lea ……..

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LSE:PMG Parkmead Close Mid-Price: 7.75 Percentage Change: -6.06% Day High: 8.25 Day Low: 7.75

In the event Parkmead experiences weakness below 7.75 it calculates with ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 526.2 Percentage Change: + 0.23% Day High: 527 Day Low: 518

All Rolls Royce needs are mid-price trades ABOVE 527 to improve accelerat ……..

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LSE:SPX Spirax Close Mid-Price: 7160 Percentage Change: -4.79% Day High: 7510 Day Low: 7160

If Spirax experiences continued weakness below 7160, it will invariably l ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 165.55 Percentage Change: -1.95% Day High: 169.15 Day Low: 165.95

All Taylor Wimpey needs are mid-price trades ABOVE 169.15 to improve acce ……..

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