Bitcoin  (COIN:BTCUSD) doing some dramatics 

#Gold #DOW  Sorry, it;s a very brief report for Tuesday, focussing on Bitcoin. At risk of being a dramatic cliche, after running the numbers against the crypto on Tuesday evening, I went into the kitchen to make myself a cocoa which generally gives time to think what to write.

When I “came too” on the kitchen floor just before 6am, it was immediately clear I’d tripped on a kitchen rug, come down hard, and probably knocked my head on a cupboard door. And to make matters worse, my nightly mug of cocoa still had the production ritual to go through. Relating the tale to my wife as an anecdote, she rapidly bundled us into her car to get a quick checkup at the town hospital, an exercise which revealed nothing wrong and we left with a check list of things to watch for in the next day. My estimate is I was out cold for four hours during which time, absolutely NO inspiration for a Bitcoin article appeared.

 

Currently there’s speculation Crypto values are firming up, due to the potential of Mr Trump winning the US election. It is certainly the case for Bitcoin where movement next above 69.500 should promote the idea of movement to an initial 77,805 with our longer term secondary, if bettered, calculating at 87,164 dollars.

If things intend go wrong for Bitcoin, the price needs below 55,500 for concerns to become valid as this risks triggering reversal to an initial 41,200 with our secondary, if broken, at 27,500.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:26:50PM BRENT 7382.6
10:50:28PM GOLD 2719.71 2714 2709 2699 2724 2741 2748 2769 2723 ‘cess
11:13:10PM FTSE 8325.4
11:19:13PM STOX50 4948
12:10:14AM GERMANY 19528.9
12:24:18AM US500 5847.4 ‘cess
12:28:38AM DOW 42875 42869 42827 42703 42965 43297 43397 43573 43113 ‘cess
12:43:40AM NASDAQ 20310.3
12:48:20AM JAPAN 38419 Success

 

21/10/2024 FTSE Closed at 8318 points. Change of -0.48%. Total value traded through LSE was: £ 3,835,225,981 a change of -24.37%
18/10/2024 FTSE Closed at 8358 points. Change of -0.32%. Total value traded through LSE was: £ 5,071,129,740 a change of -4.53%
17/10/2024 FTSE Closed at 8385 points. Change of 0.67%. Total value traded through LSE was: £ 5,311,482,750 a change of -18.88%
16/10/2024 FTSE Closed at 8329 points. Change of 0.97%. Total value traded through LSE was: £ 6,547,715,770 a change of 9.87%
15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%
14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%

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:CEY Centamin** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **

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Updated charts published on : Centamin, Foxtons, Fresnillo, Intercontinental Hotels Group, ITM Power, Lloyds Grp.,


LSE:CEY Centamin. Close Mid-Price: 171.5 Percentage Change: + 2.14% Day High: 173.7 Day Low: 167.9

Target met. Further movement against Centamin ABOVE 173.7 should improve ……..

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LSE:FOXT Foxtons Close Mid-Price: 61.2 Percentage Change: -0.97% Day High: 62 Day Low: 60.6

Weakness on Foxtons below 60.6 will invariably lead to 56p next. If broke ……..

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LSE:FRES Fresnillo. Close Mid-Price: 747.5 Percentage Change: + 6.33% Day High: 760 Day Low: 722.5

Target met. In the event of Fresnillo enjoying further trades beyond 760, ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 8566 Percentage Change: -0.60% Day High: 8658 Day Low: 8578

All Intercontinental Hotels Group needs are mid-price trades ABOVE 8658 t ……..

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LSE:ITM ITM Power Close Mid-Price: 41.4 Percentage Change: -5.00% Day High: 44.2 Day Low: 41.52

Target met. In the event ITM Power experiences weakness below 41p it calc ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 61.8 Percentage Change: -0.61% Day High: 62.34 Day Low: 61.58

Further movement against Lloyds Grp. ABOVE 62.34 should improve accelerat ……..

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

Will Natwest  (LSE:NWG) Trump the market?

#Brent #Dax  Addictions really sneak up on you. From the whimsical TV show,  “Emily in Paris” to the often pompous “NCIS”, watching rubbish on-demand telly can easily waste hours away but the latest video nasty is proving difficult to shake. It’s called the “The American Election”, a subject which appears to be taking over YouTube. This daily collation of humour, comedy, and real drama, is proving difficult to unravel but if we take the stance of the mainstream media always choosing their wrong hero, it appears Mr Trump should triumph in the final episode on Guy Fawkes day in a couple of weeks.

The usual swampful of market analysts are writing knowledgably about the price of Gold rising, somehow due the the potential of Mr Trump pulling on a “boss” hat on 6th November, such an accomplishment ‘obviously’ driving the price of gold upward.  Additionally, crypto-currency gaining is prophesied of gaining in strength. For Gold, we can toss out an immediate thought and that’s a difficulty in calculating very far above an ambition of $2,770 per ounce. With the stuff currently around $2,724, it’s certainly not go far to go but should our top ambition make an appearance, we suspect some volatility shall become almost essential. One thing which is a bit puzzling, again from a USA perspective. Mr Trump’s stated aim is to reduce fuel prices by 1/2, along with electricity costs, to remove immediate strains for American consumers. Should this be the case, a domino effect must surely follow as other countries follow suit, probably also adopting his stance on China specific tariffs as he intends to return manufacturing to the USA. All things considered, we should face quite an interesting few years, if he proves as good as his word.

 

Another aspect of life supposed to improve with a Trump victory are banking shares, something which is speculated to echo a future vibrant economy from the USA. While it’s unlikely such optimism has bled across the ocean to the UK, as we forecast 3 weeks ago, Natwest share price has started doing something useful.

Their share price has broken above the critical 355p level and now luxuriates in a region where a lift to an initial 372p now calculates as possible with our secondary, if exceeded, at 394p. In fact, it is now the case where we can project a distant looking 474p as exerting an influence from a distance future on this share price! Should things intend go horribly wrong for this banks share price, it requires to close a session below just 344p to throw all our clever calculations up in the air.

 

Finally, hope everyone is surviving this horrible storm. The amount of rain has been biblical (a monthly event here in Argyll) but our 7 metre drop garden waterfall is giving off such a roar, it sounds like Elon Must is trying to land one of his rockets outside on the lawn.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
6:06:15PM BRENT 7297.8 7234 6992 6617 7472 7482 7584 7700 7330
9:27:41PM GOLD 2721.04 2714
11:21:31PM FTSE 8367 8362
11:27:09PM STOX50 4990 4970
11:29:02PM GERMANY 19678.8 19483 19431 19346 19551 19688 19696 19794 19634
11:30:51PM US500 5872.7 5857
11:33:47PM DOW 43316 43192
11:35:56PM NASDAQ 20360 20290
11:38:59PM JAPAN 39091 39095

 

18/10/2024 FTSE Closed at 8358 points. Change of -0.32%. Total value traded through LSE was: £ 5,071,129,740 a change of -4.53%
17/10/2024 FTSE Closed at 8385 points. Change of 0.67%. Total value traded through LSE was: £ 5,311,482,750 a change of -18.88%
16/10/2024 FTSE Closed at 8329 points. Change of 0.97%. Total value traded through LSE was: £ 6,547,715,770 a change of 9.87%
15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%
14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%

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

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

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

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

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


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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:FRES Fresnillo** **

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Updated charts published on : AFC Energy, Centamin, Diageo, Fresnillo,


LSE:AFC AFC Energy Close Mid-Price: 7.74 Percentage Change: -1.02% Day High: 7.81 Day Low: 6.9

Continued weakness against AFC taking the price below 6.9 calculates as l ……..

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LSE:CEY Centamin. Close Mid-Price: 167.9 Percentage Change: + 2.07% Day High: 168.8 Day Low: 162.1

Continued trades against CEY with a mid-price ABOVE 168.8 should improve ……..

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LSE:DGE Diageo. Close Mid-Price: 2651.5 Percentage Change: + 0.23% Day High: 2677 Day Low: 2630

Target met. All Diageo needs are mid-price trades ABOVE 2677 to improve a ……..

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LSE:FRES Fresnillo. Close Mid-Price: 703 Percentage Change: + 2.70% Day High: 706.5 Day Low: 686

Target met. Further movement against Fresnillo ABOVE 706.5 should improve ……..

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

Our worldwide popular FTSE for FRIDAY  (FTSE:UKX)

#FTSE #DOW   In a week with more than its fair share of silly happening on the markets,  the market close on Thursday revealed something we’ve never seen before. To set the background, my wife had taken the cat and dog to the vets, one to get its claws trimmed, the other to have an ear infection treated. It’s safe to say neither animal was particularly a fan of their treatment and when ,my wife unloaded them, the cat  which always ignores me by mutual agreement, came through to the office with the dog, both wimps making themselves comfortable under my desk while I watched the final 30 minutes of trade. Over the years, neither animal has paid attention to the other but the mutual misery of a visit to the vet seemed to bring something new.

While it was obvious they both were hiding from my wife, the warmth and silence below the desk made them look extremely comfortable and it was only at dinnertime around 7pm did they deign to once again visit the lounge, reverting to type, completely ignoring each other. But tonight at bed-time, the dog is in her usual position curled up on my armchair and the cat has made herself comfortable under the Golden Retrievers tail. It has “only” taken 7 years for this miracle, the cat now aged 21 years and the dog 11 years.

 

Obviously, the theme behind this suggests, no matter how intransigent the markets feel, sometimes the unexpected can happen. Unfortunately, we’re not convinced what happened on Thursday (aside from the cat and dog) represented a reasonable excuse for optimism.

The problem was the FTSE closed the day at 8385.13 points. When we throw our trend software at the Blue line on the chart, the market was required to close above 8386.875 points to secure a place in a zone where some proper recovery is probable. The difference between the two ambitions is obviously minimal but we get nervous, when the markets expend effort in preventing a price moving upward. This has, for instance, created a situation for Friday where the visuals imply it should be a day of gains for the FTSE but we smell a rat.

Currently, below 8350 risks triggering some reversals to an initial 8316 points with our secondary, if broken, a hopeful bottom of 8248 points. If triggered, the tightest stop looks like 8396 points.

If things intend provide a happy day, above 8396 calculates with the potential of a lift to 8412 points with our secondary, if beaten, at 8494 and complete change of circumstances for the longer term.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:03:59PM BRENT 7424 7311 7134 7478 7552 7606 7373
11:33:20PM GOLD 2692.33 2673 2665 2690 2698 2708 2684 Success
11:36:23PM FTSE 8379.4 8321 8298 8364 8398 8407 8370 Shambles
11:38:38PM STOX50 4947.1 4902 4881 4930 4974 4986 4940
11:42:00PM GERMANY 19579.8 19402 19323 19506 19680 19699 19541 Success
11:37:47PM US500 5850.6 5804 5793 5848 5882 5894 5856 Success
11:40:20PM DOW 43260.9 43000 42883 43161 43296 43402 43119 ‘cess
11:42:41PM NASDAQ 20239 20184 20128 20276 20424 20566 20314 Success
11:45:10PM JAPAN 39189 38760 38389 39050 39420 39593 39175

 

17/10/2024 FTSE Closed at 8385 points. Change of 0.67%. Total value traded through LSE was: £ 5,311,482,750 a change of -18.88%
16/10/2024 FTSE Closed at 8329 points. Change of 0.97%. Total value traded through LSE was: £ 6,547,715,770 a change of 9.87%
15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%
14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%

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:BBY BALFOUR BEATTY** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Carnival, Centamin, Capita, EasyJet, Fresnillo, British Airways, Intercontinental Hotels Group, ITM Power, Lloyds Grp., Marks and Spencer, Rolls Royce,


LSE:BARC Barclays. Close Mid-Price: 245.1 Percentage Change: + 3.40% Day High: 246 Day Low: 237.85

Target met. Continued trades against BARC with a mid-price ABOVE 246 shou ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 455.4 Percentage Change: + 1.24% Day High: 456.2 Day Low: 449.4

Further movement against BALFOUR BEATTY ABOVE 456.2 should improve accele ……..

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LSE:CCL Carnival Close Mid-Price: 1493 Percentage Change: -0.07% Day High: 1520 Day Low: 1484.5

Target met. In the event of Carnival enjoying further trades beyond 1520, ……..

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LSE:CEY Centamin. Close Mid-Price: 164.5 Percentage Change: + 4.58% Day High: 166.1 Day Low: 155.1

All Centamin needs are mid-price trades ABOVE 166.1 to improve accelerati ……..

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LSE:CPI Capita. Close Mid-Price: 21.65 Percentage Change: + 0.70% Day High: 21.85 Day Low: 21.45

In the event of Capita enjoying further trades beyond 21.85, the share sh ……..

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LSE:EZJ EasyJet Close Mid-Price: 524.8 Percentage Change: -0.49% Day High: 530.6 Day Low: 520.2

All EasyJet needs are mid-price trades ABOVE 530.6 to improve acceleratio ……..

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LSE:FRES Fresnillo. Close Mid-Price: 684.5 Percentage Change: + 2.32% Day High: 687 Day Low: 664.5

Target met. Continued trades against FRES with a mid-price ABOVE 687 shou ……..

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LSE:IAG British Airways. Close Mid-Price: 213 Percentage Change: + 0.47% Day High: 214.9 Day Low: 211

Target met. Further movement against British Airways ABOVE 214.9 should ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8598 Percentage Change: + 0.42% Day High: 8622 Day Low: 8504

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

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LSE:ITM ITM Power Close Mid-Price: 42.22 Percentage Change: -2.09% Day High: 43.74 Day Low: 42.02

Continued weakness against ITM taking the price below 42.02 calculates as ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 61.86 Percentage Change: + 1.08% Day High: 61.86 Day Low: 61.06

Continued trades against LLOY with a mid-price ABOVE 61.86 should improve ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 390.8 Percentage Change: -0.66% Day High: 394.2 Day Low: 388.8

All Marks and Spencer needs are mid-price trades ABOVE 394.2 to improve a ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 569 Percentage Change: + 1.61% Day High: 572.6 Day Low: 560.2

Target met. All Rolls Royce needs are mid-price trades ABOVE 572.6 to imp ……..

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

Barratt Redrow Plc  (LSE:BTRW) and false teeth

#Gold #FTSE  With all the buzz about the forthcoming UK Budget on 30th October,  we’re fascinated at the proposal to increase the tax on jobs, the so called Employers National Insurance Contribution (ENIC). Currently at 13.8%, ENIC is quite literally a tax for every job an employer creates and it is strange for a Labour government to propose working hard at reducing incentives for employers to create jobs. But then again, there is another facet to this as the only type of employees immune from an ENIC cost to employers are those over retirement age. In other words, pensioners may avoid freezing to death by becoming an attractive type of employee for business. It would certainly be a surprise if an interview process in the future also examined the grey hair count of the candidates!  Who knows, there may be life beyond holding a lollipop at a pedestrian crossing, especially when fast food outlets realise they’ve a quick way of increasing their bottom line by a not insignificant 14% or so.

Who knows, we may be facing an era where bunch of folk driving JCB’s, Cat D10’s, or Cranes may be old folks, retrained from their prior jobs. From a “bloke” perspective, the idea of spending time being paid to operate these big toys is almost as attractive as being paid to blow stuff up.

 

While obviously there’s a painful overhead, if choosing pension age folk, as a plethora of doctors appointments becomes probable… But on the bright side, it will once again become safe for pretty girls to walk past a building site without being whistled at, due to a workforce dominated by false teeth. Perhaps being a little whimsical here but, if I were running a 24/7 retail business, I’d certainly consider employing older staff and paying them a premium, due to the ENIC saving and the fact their tax position differs from conventional staff.

 

With Barratt finally taking over Redrow and delisting Barclays Developments from the market place, the replacement listing of the merged company is showing some interesting potentials for the future.

From a near term perspective, apparently above 517p should trigger convincing movement to an initial 573p with our secondary, if bettered, at a game changing potential of 602p. Our reasoning for describing such a target as game changing is fairly simple, it affords the share price the chance to move above a series of prior highs, making the potential of a long term 699p a viable ambition.

For everything to go horribly wrong, the share needs break below Red at 445p, entering a zone where a cycle down to 320 becomes possible.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:30:09PM BRENT 7428
11:33:53PM GOLD 2673.95 2659 2647 2634 2668 2686 2690 2697 2673 ‘cess
11:37:49PM FTSE 8346.6 8328 8314 8298 8348 8362 8379 8429 8326 Success
11:42:01PM STOX50 4909.9 ‘cess
11:44:42PM GERMANY 19461.4
11:46:57PM US500 5835.1
11:49:29PM DOW 43039.5
11:54:19PM NASDAQ 20142.3
11:57:18PM JAPAN 39319

 

16/10/2024 FTSE Closed at 8329 points. Change of 0.97%. Total value traded through LSE was: £ 6,547,715,770 a change of 9.87%
15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%
14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%

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:BBY BALFOUR BEATTY** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

********

Updated charts published on : BALFOUR BEATTY, Carnival, Centamin, Capita, ECO (Atlantic) O & G, EasyJet, Fresnillo, Intercontinental Hotels Group, ITM Power, Lloyds Grp., Marks and Spencer, Rolls Royce, Spirax,


LSE:BBY BALFOUR BEATTY. Close Mid-Price: 449.8 Percentage Change: + 1.67% Day High: 451.6 Day Low: 441.8

Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..

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LSE:CCL Carnival. Close Mid-Price: 1494 Percentage Change: + 1.15% Day High: 1505.5 Day Low: 1481

Further movement against Carnival ABOVE 1505.5 should improve acceleratio ……..

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LSE:CEY Centamin. Close Mid-Price: 157.3 Percentage Change: + 2.28% Day High: 159 Day Low: 154

In the event of Centamin enjoying further trades beyond 159, the share sh ……..

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LSE:CPI Capita. Close Mid-Price: 21.5 Percentage Change: + 1.18% Day High: 21.65 Day Low: 21

All Capita needs are mid-price trades ABOVE 21.65 to improve acceleration ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 9.6 Percentage Change: -6.34% Day High: 10.25 Day Low: 9.2

Target met. In the event ECO (Atlantic) O & G experiences weakness below ……..

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LSE:EZJ EasyJet. Close Mid-Price: 527.4 Percentage Change: + 1.81% Day High: 528 Day Low: 511.4

In the event of EasyJet enjoying further trades beyond 528, the share sho ……..

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LSE:FRES Fresnillo. Close Mid-Price: 669 Percentage Change: + 2.22% Day High: 678.5 Day Low: 663.5

Target met. All Fresnillo needs are mid-price trades ABOVE 678.5 to impro ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8562 Percentage Change: + 1.64% Day High: 8592 Day Low: 8404

Continued trades against IHG with a mid-price ABOVE 8592 should improve t ……..

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LSE:ITM ITM Power Close Mid-Price: 43.12 Percentage Change: -4.26% Day High: 46.2 Day Low: 43.02

If ITM Power experiences continued weakness below 43.02, it will invariab ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 61.2 Percentage Change: + 1.86% Day High: 61.1 Day Low: 60

In the event of Lloyds Grp. enjoying further trades beyond 61.1, the shar ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 393.4 Percentage Change: + 1.73% Day High: 393.4 Day Low: 387.1

Target met. In the event of Marks and Spencer enjoying further trades bey ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 560 Percentage Change: + 3.59% Day High: 558.8 Day Low: 546.8

Target met. In the event of Rolls Royce enjoying further trades beyond 55 ……..

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LSE:SPX Spirax. Close Mid-Price: 6715 Percentage Change: + 0.75% Day High: 6770 Day Low: 6655

Continued weakness against SPX taking the price below 6655 calculates as ……..

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

Carnival Plc  (LSE:CCL) sailing up into the sunset!

#FTSE #STOXX   The idea of going on a cruise is something which personally is abhorrent. We see these floating tower blocks reminiscent of council flats in Glasgow arriving locally at Greenock, fleeing to somewhere nicer on the next outgoing tide. But no stretch of the imagination could “Greenock/Gourock” be described as an attractive destination. It provides quite literally, the end of the line for the rail network from the city and like so many places finding themselves in such a situation, the word “charm” rarely can be applied to an area. Of course, when a cruise ship arrives at Greenock, there’s an indecent rush to load tourists onto tours to get them out of the town. This isn’t being written to produce an inflammatory response, due to most folk in the town dreaming of the time they can escape.

However, 2024 has seen record numbers of Carnival cruise ships visiting the town across the estuary from us and perhaps in celebration of this, Carnival share price has finally wandered above their Blue downtrend since 2017. Of course, such optimism may be due to complaints of Carnival “not taking prisoners” with the prices now charged for products on board ship. Bottled water has attracted serious venom, the purchase price apparently increased by 200% since 2020.

Surprisingly, during the cruise season, we also had the unusual experience of a cruise liner literally parking outside our bedroom window. This one was fairly tasteful visually and it disembarked hundreds of tourists to visit a local Victorian ornamental garden, along with a speciality tree museum just along the road. Apparently this departure from normality was a success with more visits allegedly planned for 2025. The odd thing is, such an event was hardly new as during the 19th century, paddle steamers from Glasgow would stop outside, passengers walking alongside our garden stream and up a staircase to visit the ornamental gardens established by the Lyle family of Tate & Lyle fame. Some of the passengers could even go further up the hill to catch a coach & horses which would meet up with another paddle steamer, this time heading up a fresh water loch before they again disembarked and were coached a few miles to once again be punished by catching a further paddle steamer to Inverarey.  The idea of cruises certainly seems to be firmly engrained in peoples attitude, the only immediate memory locally being a very solid pier, a quartz archway at the front of our garden, and the bridge below the base of our waterfall, a massive single stone slab of granite sufficiently wide for several people to walk side by side.

 

So, if optimism is indeed to be the order for the future and people are indeed happy to cram themselves into floating petri dishes, we should now look positively at Carnival share price potentials for the future.

First, panic shall be justified if the share price opts to close below 1381p, something which is visually unlikely.

Instead, above 1490p now looks capable of promoting a lift to an initial 1560p with our secondary, if beaten, calculating at a useful 1766p. Historically, during 2021 saw the share price stall at such a secondary level and we’d have every suspicion this shall happen again, causing some stutters in a rising cycle. However, current price movements allow us to propose a third level ambition if the price closes above this secondary of 1766p as it opens the door for a future attempt at 2718p.

 

If things intend go wrong, below 1381 looks troubling, allowing for price reversals to an eventual 694p.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:49:05PM BRENT 7451.5 ‘cess
10:52:44PM GOLD 2662.06 Shambles
10:56:19PM FTSE 8231.4 8229 8198 8153 8261 8275 8293 8314 8249 Success
11:07:20PM STOX50 4926.6 4914 4896 4840 4940 4984 4997 5025 4944 Success
11:09:58PM GERMANY 19473
11:12:55PM US500 5818.4 Success
11:15:49PM DOW 42746
11:19:48PM NASDAQ 20177.2
11:23:09PM JAPAN 38998 Success

 

15/10/2024 FTSE Closed at 8249 points. Change of -0.52%. Total value traded through LSE was: £ 5,959,303,789 a change of 44.82%
14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%

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

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

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

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

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


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

Click Epic to jump to share: LSE:CCL Carnival** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

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Updated charts published on : Carnival, Capita, MAN, EasyJet, Intercontinental Hotels Group, ITM Power, Marks and Spencer, Rolls Royce, Spirax,


LSE:CCL Carnival. Close Mid-Price: 1477 Percentage Change: + 5.42% Day High: 1490 Day Low: 1410

Target met. Continued trades against CCL with a mid-price ABOVE 1490 shou ……..

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LSE:CPI Capita. Close Mid-Price: 21.25 Percentage Change: + 4.68% Day High: 21.35 Day Low: 20.2

Further movement against Capita ABOVE 21.35 should improve acceleration t ……..

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LSE:EMG MAN Close Mid-Price: 211.6 Percentage Change: -1.31% Day High: 211.4 Day Low: 203.8

Target met. Continued weakness against EMG taking the price below 203.8 c ……..

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LSE:EZJ EasyJet. Close Mid-Price: 518 Percentage Change: + 3.15% Day High: 526.6 Day Low: 509.8

Target met. Continued trades against EZJ with a mid-price ABOVE 526.6 sho ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 8424 Percentage Change: -0.66% Day High: 8574 Day Low: 8418

Further movement against Intercontinental Hotels Group ABOVE 8574 should ……..

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LSE:ITM ITM Power Close Mid-Price: 45.04 Percentage Change: -1.18% Day High: 46.82 Day Low: 43.5

Weakness on ITM Power below 43.5 will invariably lead to 41p with seconda ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 386.7 Percentage Change: + 1.07% Day High: 387.6 Day Low: 382.9

Target met. Continued trades against MKS with a mid-price ABOVE 387.6 sho ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 540.6 Percentage Change: + 0.37% Day High: 548.6 Day Low: 532.6

Target met. Further movement against Rolls Royce ABOVE 548.6 should impro ……..

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LSE:SPX Spirax Close Mid-Price: 6665 Percentage Change: -3.75% Day High: 7070 Day Low: 6710

Target met. Weakness on Spirax below 6710 will invariably lead to 6485p w ……..

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

ASOS Plc  (LSE:ASC) and the price of returning to sanity!

#Gold #DOW   Ever had one of these days when nothing actually worked out? Monday proved eventful in this respect as my schedule was planned. First, rise just after 7am, make coffee, and watch the markets as they opened, running a few test scenario to try and figure out where things are going. By 9:30, I was mentally propped to contact the DVLA in Swansea to discuss a problem with our registration document. Long story short, the dealer did the registration on-line, then also did it on paper, the registered keeper being myself on one document and my wife on another. It also increased the number of keepers. Once the incredibly helpful lady at the DVLA stopped laughing, she conceded she’d never experienced this and would need a superior to assist. It was to take quite a few hours to sort this out, so the next job was missed and my grey remained undyed. The next job was to order a garden shed, an exercise which failed due to payment authentication and the efforts of 3 Mobile.  A text message was supposed to arrive on my phone, allowing the transaction to be completed.

The phone, quite smugly, remains unimpressed and no message was received. Living in a mountainous area in Argyll, this wasn’t entirely unheard of so I climbed up above the cliff in the hope the bars on my phone appeared. They didn’t.

In frustration, I used my wifes phone to contact 3 Mobile, while also changing the “call verification” number with the bank. 3Mobile informed they’d turned off 3G services in our area, meaning I needed a new phone. As I’d replaced ny phone earlier this year, their advice was going to be wrong and of course, it was. The Samsung device “only” needed something enabled to allow 4g to work. Meanwhile, my wifes phone still had not received the verification code and I queried with the bank. It would take 48 hours for the change to enact and even if I wanted to change it back to my own phone number, it would still take 48 hours.

By now, we’d a car in the driveway which wasn’t entirely registered or insured, thanks to the mess up. We’d a phone which wasn’t working properly and a shed purchase hanging in utter limbo. Keeping calm was the order of the day, difficult to disguise due to my remaining surfeit of grey hair,  and all that was needed next was to order Heating Oil. Unfortunately, it was now after 5pm and they were closed, making this the most unsuccessful “To Do” list ever to ruin a Monday.

 

ASOS share price seems to have been executing a “Not To Do” list of concepts as it has proven pretty foul since May 2023. On the bright side, when we previously reviewed this, we’d speculated on a potential bottom at 277p but encouragingly, the lower it has fallen has been around 320p, perhaps implying some hidden strength in the share price. We can certainly wonder if their recent sale of “TopShop” shall justify some growth in the share price or perhaps, their sane charge of a return fee of nearly £4 to challenge those buyers who are just messing around with a previous free return policy. Alternately, of course, there’s the risk the Chinese giant Shein will close in as they invade the UK after eclipsing Boohoo?

Currently, it feels like some recovery potential is slowly becoming possible, movement above just 436 hopefully triggering recovery to an initial 530 with our secondary, if bettered, an amazing (and thus, unlikely) looking 573p.

Should things intend behave like our Monday, below 411 threatens weakness to an initial 394 with our secondary, if broken at 385p. We would really hope for a bounce before the 385p level as the share price, from a Big Picture argument, cannot afford to experiment below such.

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:02:44PM BRENT 7490.8 Success
11:38:20PM GOLD 2648.27 2644 2635 2635 2654 2668 2674 2684 2656
10:42:08PM FTSE 8315.1 Success
10:45:41PM STOX50 5051.5 Success
10:50:41PM GERMANY 19557.1 ‘cess
11:20:51PM US500 5865.5 Success
11:26:17PM DOW 43135 42701 42596 42410 42914 43154 43423 44107 42701
11:30:22PM NASDAQ 20452 Success
11:35:43PM JAPAN 40115 ‘cess

 

14/10/2024 FTSE Closed at 8292 points. Change of 0.47%. Total value traded through LSE was: £ 4,114,889,557 a change of -0.88%
11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%

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:EZJ EasyJet** **LSE:ITM ITM Power** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **

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Updated charts published on : EasyJet, ITM Power, Rolls Royce, Standard Chartered,


LSE:EZJ EasyJet. Close Mid-Price: 502.2 Percentage Change: + 1.33% Day High: 506.6 Day Low: 490

Further movement against EasyJet ABOVE 506.6 should improve acceleration ……..

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LSE:ITM ITM Power Close Mid-Price: 45.58 Percentage Change: -0.78% Day High: 48 Day Low: 44.9

In the event ITM Power experiences weakness below 44.9 it calculates with ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 538.6 Percentage Change: + 0.26% Day High: 539 Day Low: 526.8

Continued trades against RR. with a mid-price ABOVE 539 should improve th ……..

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LSE:STAN Standard Chartered Close Mid-Price: 839.4 Percentage Change: -0.26% Day High: 845.6 Day Low: 830.8

Continued trades against STAN with a mid-price ABOVE 845.6 should improve ……..

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

Barclays  (LSE:BARC) nearly at party time…

 #Brent #Germany  It’s not often you get to prove to your wife that you’re not a fruitcake but on Saturday night a miracle happened. At 9pm, outside and looking at the sky, there were three stars in a neat row, a formation which had no business being in the sky at that time of night. Due to repeated inept attempts to catch recent Borealis, somehow I’d become aware of what to expect and for a change, I called my wife to come look at the strange lineup. Needless to say, neither of us brought a camera. She came outside, started to become irritated at the sub-zero temperature but finally understood which line of stars we were looking at.

Suddenly, the “middle” star moved, heading in the direction of the southern one, then reversed, moving at the sort of speed expected when the International Space Station meanders through the night sky. Abruptly, it changed direction, moving off at an angle at an even higher speed, then suddenly accelerated north and vanished from sight at stunning speed in utter silence. My wife forgot the cold, asking instead “what the heck was that?” We returned indoors, I explained what it couldn’t have been, conceding a loss to explain what we’d just watched, something unidentified. And just to confirm, a check of one of the aircraft radar sites showed nothing was in the sky. We’d officially watched something “Unidentified”. And to give a polite cough, it was also above Europe’s Top Secret nuclear arms dump here in Argyll which will probably be making conspiracy theorists detonate.

 

For a change, our leader article actually relates to our discussion topic, mystery signs which simply cannot be clearly identified. Barclays keeps showing optimistic signals, suggesting the share price might actually move in a positive direction. Maybe like our unidentified light in the sky, it simply needs sufficient numbers of folk to believe in it…

Our latest “positive signal” for Barclays comes from the point at which the share price closed the session on Friday 11th October. By closing at 235.85p, the share price managed to close above a downtrend which dates back to a silly sounding February 2007. When we extrapolate on this particular trend line, on Friday it needed to close above 235.229p and by a less than impressive 0.3p, this feat was achieved. Perhaps it’s meaningless, perhaps it’s the case the market is conceding this share price could actually become useful.

Currently, we shall be inclined to take movements above 241.65, the prior high before the trend was exceeded, at holding the potential of triggering share price shuffles toward an initial 255p with our longer term secondary, if this initial is exceeded, calculating at a future 316p. To judge by historical behaviour, we shall not be surprised if the 316p level experiences some hesitation.

Should things intend go wrong, Barclays share price needs diminish below 216 to cause trouble, risking promoting reversal to 194 with our secondary, if broken, at an eventual 162p. We do have a suspicion, if such messy reversals are triggered, we would hope to see the share price bounce well before our secondary target at 162p, ideally around 180p.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
3:11:48AM BRENT 7878 7732 7669 7570 7968 7968 8138 8347 7856
11:19:31PM GOLD 2656.68 2651
11:24:05PM FTSE 8256.4 8247
11:25:57PM STOX50 4999 4994
11:28:11PM GERMANY 19352.9 19174 19103 19004 19266 19402 19449 19630 19346
11:39:36PM US500 5812 5800
11:43:46PM DOW 42847.2 42700
11:45:34PM NASDAQ 20261.1 20227
11:47:20PM JAPAN 39725 39690

 

11/10/2024 FTSE Closed at 8253 points. Change of 0.19%. Total value traded through LSE was: £ 4,151,259,780 a change of -12.55%
10/10/2024 FTSE Closed at 8237 points. Change of -0.07%. Total value traded through LSE was: £ 4,747,138,967 a change of 12.51%
9/10/2024 FTSE Closed at 8243 points. Change of 0.65%. Total value traded through LSE was: £ 4,219,173,545 a change of -36.61%
8/10/2024 FTSE Closed at 8190 points. Change of -1.36%. Total value traded through LSE was: £ 6,655,496,813 a change of 41.95%
7/10/2024 FTSE Closed at 8303 points. Change of 0.28%. Total value traded through LSE was: £ 4,688,627,065 a change of -10.63%
4/10/2024 FTSE Closed at 8280 points. Change of -0.02%. Total value traded through LSE was: £ 5,246,156,906 a change of -2.97%
3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%

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

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

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

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

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


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

Click Epic to jump to share: LSE:CCL Carnival** **LSE:CPI Capita** **LSE:ECO ECO (Atlantic) O & G** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Carnival, Capita, ECO (Atlantic) O & G, Firstgroup, Fresnillo, ITM Power, Oxford Instruments, Rolls Royce,


LSE:CCL Carnival. Close Mid-Price: 1446 Percentage Change: + 1.83% Day High: 1446.5 Day Low: 1411

All Carnival needs are mid-price trades ABOVE 1446.5 to improve accelerat ……..

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LSE:CPI Capita. Close Mid-Price: 20.95 Percentage Change: + 2.70% Day High: 21.25 Day Low: 20.4

Continued trades against CPI with a mid-price ABOVE 21.25 should improve ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10 Percentage Change: -5.66% Day High: 10.62 Day Low: 10.12

Continued weakness against ECO taking the price below 10.12 calculates as ……..

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LSE:FGP Firstgroup Close Mid-Price: 137.4 Percentage Change: -0.07% Day High: 138 Day Low: 135.8

Target met. Weakness on Firstgroup below 135.8 will invariably lead to 12 ……..

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LSE:FRES Fresnillo. Close Mid-Price: 663.5 Percentage Change: + 1.45% Day High: 666.5 Day Low: 656

Target met. In the event of Fresnillo enjoying further trades beyond 666. ……..

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LSE:ITM ITM Power Close Mid-Price: 45.94 Percentage Change: -3.69% Day High: 48.86 Day Low: 45.4

Continued weakness against ITM taking the price below 45.4 calculates as ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 1970 Percentage Change: + 1.13% Day High: 2040 Day Low: 1932

Weakness on Oxford Instruments below 1932 will invariably lead to 1853p w ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 537.2 Percentage Change: + 1.36% Day High: 535.8 Day Low: 523

All Rolls Royce needs are mid-price trades ABOVE 535.8 to improve acceler ……..

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