Posted on

Air France KLM (EU:AF) around 8.254 at time of writing

#Gold #SP500 As a country, France knows a thing or two about chaotic movements, as witnessed by those with sufficient patience to watch what was probably the worst opening ceremony in Olympic history. We decided to do something more interesting, therefore missing the part which got the internet in an uproar, but there was a distinct feeling if the organisers were trying to save money, they should have looked at the opening titles from Je Sans Frontieres back in the Jurassic period which ended in 1999. It’s a pity, because the original “It’s A Knockout” theme of pitting town against town, city against city, was deliberately funny, a notion the international version adhered to. But the opening ceremony of the games managed to embrace irony, little realising the international ridicule about to be heaped on France. Just what was Lady GaGa, a usually astounding live singer, doing lip syncing to the world?

For instance, the idea of various boats carrying national teams had some merit but it would have been more amusing, if other teams on the shore were trying to hit them with water cannon, big balls, or if all else fails, trebuchets. Such a concept would have saved me from doing some gardening.

Anyway, the four year festival of cheap broadcasting for TV has commenced, TV stations fulfilling their licence requirements and not worrying about viewer figures as they are not suffering production costs. It can be guessed our household are not fans of the games, football, rugby, tennis, or whatever other garbage reality is being hyped as watchable. Until the last 4 F1 races, even motorsport had found itself hanging on a shoogly hook (Scottish term for a screw hook wound into plasterboard)…

 

Air France share price is also looking like it may be on a “shoogly hook”, somehow managing to look more dangerous than IAG (aka British Airways etc), the airlines price movements looking less choreographed than its parent country’s Olympic ceremony. Last year, the company share price firmly exceeded their pre-pandemic 10 Euro level, making it appear good times were ahead. Instead, the share price feels like it may be moving in concert with France’s internal issues and this being the case, we should now anticipate the worst. We’ve actually got two pretty strong arguments favouring our conclusion, hence being a little emphatic about it.

Next below 7.75€ suggests coming weakness in Air France down to 6.74 and hopefully a bounce. The 6.74€ level is a bit of a problem as it’s difficult to calculate below such a level. We obviously did a little work and came up with a secondary at 4.3 Euro but we don’t entirely trust this concept. Essentially the two arguments favouring 6.74 do not currently leave the potential for anything below such a level.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:06:22PM GOLD 2382.11 2370 2363 2349 2385 2404 2409 2422 2386
11:07:52PM BRENT 7909 7863 7844 7735 7938 7960 7991 8034 7900 ‘cess
11:16:29PM FTSE 8285.2 8278 8269 8238 8295 8333 8413 8464 8313 ‘cess
11:19:14PM STOX50 4828.2 4811 4802 4770 4831 4846 4858 4874 4822 ‘cess
12:33:52AM GERMANY 18362.6 18310 18230 18124 18386 18548 18716 18921 18417 ‘cess
12:39:24AM US500 5456.2 5454 5440 5421 5467 5497 5521 5564 5462
12:43:23AM DOW 40487 40387 40323 40157 40581 40821 40856 41204 40636 Shambles
1:01:36AM NASDAQ 18994.7 18897 18857 18734 19091 19236 19397 19619 19074
1:12:53AM JAPAN 38212 38503 36476 34449 38735 38724 38808 39293 38303

 

29/07/2024 FTSE Closed at 8292 points. Change of 0.08%. Total value traded through LSE was: £ 4,768,279,831 a change of 1.53%
26/07/2024 FTSE Closed at 8285 points. Change of 1.21%. Total value traded through LSE was: £ 4,696,468,997 a change of -12.32%
25/07/2024 FTSE Closed at 8186 points. Change of 0.4%. Total value traded through LSE was: £ 5,356,362,048 a change of 4.45%
24/07/2024 FTSE Closed at 8153 points. Change of -0.17%. Total value traded through LSE was: £ 5,128,130,189 a change of -2.6%
23/07/2024 FTSE Closed at 8167 points. Change of -0.38%. Total value traded through LSE was: £ 5,265,250,514 a change of 15.55%
22/07/2024 FTSE Closed at 8198 points. Change of 0.53%. Total value traded through LSE was: £ 4,556,598,316 a change of 4.43%
19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%

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:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:SRP Serco** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

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Updated charts published on : Barclays, Barrett Devs, Carclo, IG Group, Marks and Spencer, National Glib, Natwest, Ocado Plc, Serco, Tesco, Taylor Wimpey, Vodafone,

LSE:BARC Barclays. Close Mid-Price: 232.75 Percentage Change: + 0.58% Day High: 236.9 Day Low: 231.55

Further movement against Barclays ABOVE 236.9 should improve acceleration ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 527.6 Percentage Change: + 1.50% Day High: 529 Day Low: 517.8

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LSE:CAR Carclo. Close Mid-Price: 33.5 Percentage Change: + 6.69% Day High: 34 Day Low: 31.6

In the event of Carclo enjoying further trades beyond 34, the share shoul ……..

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LSE:IGG IG Group. Close Mid-Price: 939.5 Percentage Change: + 0.54% Day High: 945 Day Low: 928

Target met. In the event of IG Group enjoying further trades beyond 945, ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 325.4 Percentage Change: -0.09% Day High: 328.7 Day Low: 325.2

Further movement against Marks and Spencer ABOVE 328.7 should improve acc ……..

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LSE:NG. National Glib. Close Mid-Price: 979 Percentage Change: + 0.49% Day High: 987.6 Day Low: 976.2

Further movement against National Glib ABOVE 987.6 should improve acceler ……..

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LSE:NWG Natwest. Close Mid-Price: 371.4 Percentage Change: + 2.63% Day High: 372.7 Day Low: 364

Continued trades against NWG with a mid-price ABOVE 372.7 should improve ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 432.6 Percentage Change: -2.98% Day High: 453.3 Day Low: 432.3

Continued trades against OCDO with a mid-price ABOVE 453.3 should improve ……..

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LSE:SRP Serco Close Mid-Price: 193.1 Percentage Change: -0.46% Day High: 195.4 Day Low: 191.6

Target met. In the event of Serco enjoying further trades beyond 195.4, t ……..

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LSE:TSCO Tesco. Close Mid-Price: 330.9 Percentage Change: + 1.16% Day High: 333.5 Day Low: 328.2

Target met. All Tesco needs are mid-price trades ABOVE 333.5 to improve a ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 159.65 Percentage Change: + 0.47% Day High: 161.35 Day Low: 159.3

Target met. Continued trades against TW. with a mid-price ABOVE 161.35 sh ……..

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LSE:VOD Vodafone. Close Mid-Price: 73.22 Percentage Change: + 0.00% Day High: 74.74 Day Low: 73.22

All Vodafone needs are mid-price trades ABOVE 74.74 to improve accelerati ……..

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

Posted on

Natwest (LSE:NWG) around 361.9 at time of writing

#Brent #Dax  The Belgian GP provided the usual quota of chaos, culminating in the race victor being disqualified due to cheating with a light car and his team mate propelled to first place in his stead. It is interesting to note the last time this happened in a race was also Belgium some years ago, Michael Schumacher finding himself ejected from the race. However, congratulations to Mr Hamilton for yet another race win, finishing well ahead of the current championship leader for the 4th time in succession.

Unfortunately, with Formula 1 now taking its summer holidays and the stock market readying itself to hibernate for August, all we can immediately point to is our forecast for Natwest three weeks ago. We predicted some hesitation was expected at the 340p level and wow, did it happen! The share price hit 340p last week with a similar impact to an F1 Mercedes hitting the F1 rulebook. We shall admit to being a little smug but were truly surprised on Friday, when the bank share price produced a substantial gap, propelled over the nasty 340p level and gapped UP by a significant 25p to a price level not seen since 2015. This means we now need to open the Big Picture door and adopt to a different outlook.

Essentially, now above 369p points at the potential of a lift to an initial 377 with our secondary, if beaten, a longer term 396p. Overall, our calculations highlight a future 470 as exerting the influence Toast with Jam used to do to wasps. What’s weird this year has been lower numbers of the stinging monsters, almost as if they opted to complete their life cycle a month early. Even the hated Scottish Midge has virtually vanished but regardless, it looks like 470p can be regarded as the ruling attraction for Natwest.

What’s a bit odd about this is the irritating difficulty we are experiencing, trying to find a reason for the price being “gapped up”. It’s obviously extremely unlikely they adopted this movement, because Trends and Targets pointed out an issue at the 340p level. Instead, it’s usually the case we get busy with our crayons in an invariably successful attempt to find a trend line we missed. Worryingly, in this instance, we cannot establish any sort of trend but only can come to the dodgy conclusion the market somehow managed to use the same arithmetic we did, a calculation which pointed at 340p as being a problem. We are not that arrogant, honestly, despite the proof above.

As is said when logic breaks down, “go figger”….

 

For Natwest now to fall into the clutches of despair, the share price needs below an unlikely 300p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:06:24PM BRENT 8043 7932 7875 7797 7998 8171 8230 8330 8113
11:15:23PM GOLD 2388
11:37:03PM FTSE 8273
11:52:05PM STOX50 4862
11:54:32PM GERMANY 18499.9 18219 18128 18000 18466 18514 18537 18684 18426
11:59:04PM US500 8273
12:01:27AM DOW 40555
12:04:53AM NASDAQ 19010
12:08:45AM JAPAN 38024

 

26/07/2024 FTSE Closed at 8285 points. Change of 1.21%. Total value traded through LSE was: £ 4,696,468,997 a change of -12.32%
25/07/2024 FTSE Closed at 8186 points. Change of 0.4%. Total value traded through LSE was: £ 5,356,362,048 a change of 4.45%
24/07/2024 FTSE Closed at 8153 points. Change of -0.17%. Total value traded through LSE was: £ 5,128,130,189 a change of -2.6%
23/07/2024 FTSE Closed at 8167 points. Change of -0.38%. Total value traded through LSE was: £ 5,265,250,514 a change of 15.55%
22/07/2024 FTSE Closed at 8198 points. Change of 0.53%. Total value traded through LSE was: £ 4,556,598,316 a change of 4.43%
19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%
18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%

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:IDS International Distribution** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:SRP Serco** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

********

Updated charts published on : BALFOUR BEATTY, International Distribution, IG Group, International Personal Finance, National Glib, Natwest, Ocado Plc, Serco, Tesco, Taylor Wimpey, Vodafone,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 426.8 Percentage Change: + 2.74% Day High: 430 Day Low: 410.2

In the event of BALFOUR BEATTY enjoying further trades beyond 430, the sh ……..

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LSE:IDS International Distribution. Close Mid-Price: 345.6 Percentage Change: + 0.52% Day High: 348.4 Day Low: 339.8

Continued trades against IDS with a mid-price ABOVE 348.4 should improve ……..

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LSE:IGG IG Group. Close Mid-Price: 934.5 Percentage Change: + 3.66% Day High: 931.5 Day Low: 891

Target met. Continued trades against IGG with a mid-price ABOVE 931.5 sho ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 137.5 Percentage Change: + 1.85% Day High: 140.5 Day Low: 135

Target met. All International Personal Finance needs are mid-price trades ……..

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LSE:NG. National Glib. Close Mid-Price: 974.2 Percentage Change: + 1.14% Day High: 976.6 Day Low: 961.2

Continued trades against NG. with a mid-price ABOVE 976.6 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 361.9 Percentage Change: + 7.04% Day High: 368.8 Day Low: 356.1

Target met. All Natwest needs are mid-price trades ABOVE 368.8 to improve ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 445.9 Percentage Change: + 4.79% Day High: 452.1 Day Low: 424.7

Target met. All Ocado Plc needs are mid-price trades ABOVE 452.1 to impro ……..

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LSE:SRP Serco. Close Mid-Price: 194 Percentage Change: + 2.05% Day High: 194.6 Day Low: 185.6

Further movement against Serco ABOVE 194.6 should improve acceleration to ……..

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LSE:TSCO Tesco. Close Mid-Price: 327.1 Percentage Change: + 0.46% Day High: 328.6 Day Low: 323.4

Target met. In the event of Tesco enjoying further trades beyond 328.6, t ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 158.9 Percentage Change: + 1.53% Day High: 159.9 Day Low: 156.25

All Taylor Wimpey needs are mid-price trades ABOVE 159.9 to improve accel ……..

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LSE:VOD Vodafone. Close Mid-Price: 73.22 Percentage Change: + 1.50% Day High: 73.32 Day Low: 71.9

In the event of Vodafone enjoying further trades beyond 73.32, the share ……..

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

Posted on

Our amazing FTSE for FRIDAY (FTSE:UKX) around 8185 at time of writing

#FTSE #Broccoli  A lot can happen in a week. Unless it’s to do with the FTSE as, last week, we discussed the ridiculous Sine Wave which the market has been describing since June of this year.  The FTSE managed to ignore last weekend Grand Prix being interesting yet again, and the USA finding itself with a President who claims he will be unfit to run the country for the next 4 years, yet can work reliably until the November election. Of course, there was the unmissable grilling of the head of the US Secret Service by an angry senate (watch the Forbes channel on YouTube) which made anything dished out by our UK politicians to a corrupt Post Office management sound akin to a 6 year old telling off a 5 year old. Needless to say, the head of the US SS eventually resigned.

Until Thursday, the FTSE doddled along like a Just Stop Oil protestor (used) to do. If these people would start a campaign to ‘Just Stop Broccoli and Asparagus’, the nation might get behind them. But everything may have changed on Thursday as the FTSE broken the sin of the Sine cycle. Unfortunately it was with movement within the opening 90 minutes of trade, so we really distrust the drop as it all felt very manufactured and artificial, just like Lando Norris’ team mate victory last weekend in Hungary.

 

Essentially, we suspect the plunge at the open on Thursday shall prove to be a “fake”, a movement designed to commit traders to short positions as there was no doubt the market had broken trend. However, by Thursday afternoon, the market change direction, climbing remorselessly from 8057 points to close the day at 8185 points, a very unusual 128 point gain.

Should this positive flow of energy continue, we shall not be surprised if movement above the Green 8200 point median of the imaginary Sine Wave triggers recovery. We can calculate an initial 8224 points with our secondary, if bettered working out at 8280 points. If triggered, the tightest stop is fairly wide at 8120 points though we suspect 8150 shall probably suffice.

As always, there’s a fly in the ointment and it comes from how Futures are currently trading. Despite the FTSE closing the session at 8185 points, Futures are sprinkling pixy dust everywhere, running at 8222 at time of writing. In the very likely event the market is spiked upward to our initial target level of 8224, we would expect some relaxation toward the 8200 level within the first hour before a surprise climb sets in. Or so we hope. Of course, beware if the FTSE is actually “gapped” up to our target level at the open as this will make reversal less likely.

 

So many numbers, so little time…

 

As usual, we can present a converse scenario and it kicks in, should the index make it below 8150 points. Movement such as this risks promoting reversal to an initial 8121 with our secondary, if broken, at 8084 points.

Have a good weekend. Hopefully the Belgian Grand Prix supplies its usual quota of trouble on track! And that will be it for a month as they all go to Butlins.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:24:58PM BRENT 8137.8 8039 7902 8158 8156 8185 8103
11:27:24PM GOLD 2364.05 2353 2328 2383 2383 2395 2365 Success
11:30:09PM FTSE 8203.7 8056 8019 8119 8222 8233 8196 Success
11:34:37PM STOX50 4811.8 4801 4766 4835 4843 4867 4817 Success
11:37:30PM GERMANY 18294 18095 18006 18180 18372 18458 18280 Success
11:39:43PM US500 5410.8 5391 5352 5435 5454 5476 5422 ‘cess
12:28:08AM DOW 40025.5 39811 39534 39994 40355 40417 40054 Success
12:31:44AM NASDAQ 18865 18725 18530 18893 19084 19196 18949 Shambles
12:34:14AM JAPAN 37793 37342 36964 37647 38144 38310 37854

 

25/07/2024 FTSE Closed at 8186 points. Change of 0.4%. Total value traded through LSE was: £ 5,356,362,048 a change of 4.45%
24/07/2024 FTSE Closed at 8153 points. Change of -0.17%. Total value traded through LSE was: £ 5,128,130,189 a change of -2.6%
23/07/2024 FTSE Closed at 8167 points. Change of -0.38%. Total value traded through LSE was: £ 5,265,250,514 a change of 15.55%
22/07/2024 FTSE Closed at 8198 points. Change of 0.53%. Total value traded through LSE was: £ 4,556,598,316 a change of 4.43%
19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%
18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%
17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%

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:CAR Carclo** **LSE:IDS International Distribution** **LSE:IGG IG Group** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:SCLP Scancell** **

********

Updated charts published on : Carclo, International Distribution, IG Group, Just Eat, Lloyds Grp., Scancell,

LSE:CAR Carclo. Close Mid-Price: 32.6 Percentage Change: + 10.88% Day High: 33.6 Day Low: 31

Target met. Further movement against Carclo ABOVE 33.6 should improve acc ……..

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LSE:IDS International Distribution Close Mid-Price: 343.8 Percentage Change: -0.06% Day High: 344.4 Day Low: 341

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LSE:IGG IG Group. Close Mid-Price: 901.5 Percentage Change: + 6.69% Day High: 897 Day Low: 823.5

Target met. All IG Group needs are mid-price trades ABOVE 897 to improve ……..

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LSE:JET Just Eat Close Mid-Price: 913 Percentage Change: -0.22% Day High: 919 Day Low: 890

Target met. In the event Just Eat experiences weakness below 890 it calcu ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 60.64 Percentage Change: + 1.64% Day High: 60.8 Day Low: 57

Target met. In the event of Lloyds Grp. enjoying further trades beyond 61 ……..

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LSE:SCLP Scancell. Close Mid-Price: 14.5 Percentage Change: + 0.00% Day High: 14.85 Day Low: 13.75

Target met. In the event of Scancell enjoying further trades beyond 15p, ……..

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

Posted on

Optibiotix Health Plc (LSE:OPTI) around 31 at time of writing. 

#Gold #Dax  As a long time fan of “probiotic” products, unfortunately for all the wrong reasons, it came as a surprise to discover we were being asked to review a company whi actually make and market these products. A personal favourite, Actimel, is something my wife strongly approves of, believing a consume it for health reasons. The truth is rather different, due to Strawberry Actimel tasting just like the end sips of a McDonalds strawberry milkshake, if you’ve ever been lucky enough to catch an outlet with a working milkshake machine! The silly little Actimel cartons tick a box which wasn’t an issue, when weight also wasn’t an issue.

 

There was one other single surprise with Optibiotix, due to their corporate website refusing to load on the Opera browser. It worked fine with Chrome and Edge, but simply refused to admit its own existence within an Opera environment. Due to the built in VPN with Opera, it’s a browser we actually like due to it seamlessly moving past UK censorship attempts, avoiding the dreaded “Content is NOT available in your region” from various US and Canadian and even Irish  publications. Oddly, this is a problem which rarely appears from European news sources, aside from an occasional hissy fit from some of the Spanish media.

 

Optibiotix brand themselves as a Life Sciences company, operating at the cutting edge of ‘biotechnological’ research, currently working in areas which include obesity, cholesterol, heart health, and diabetes and producing a quite bewildering range of products which are doubtless popular among the healthy eating fraternity. Personally, it can be admitted there’s a real attraction in trying the meal replacement shakes, just to see if reality lives up to the hype.

As for their share price, something interesting appears to be happening as the value has successfully moved through the downtrend(s) since 2018. By this, we mean it has exceeded the closing price trend, along with the more commonly used high of the day trend. As a result, some hope is certainly possible.

The immediate situation suggests movement exceeding 34.5p has the potential to provoke a lift to an initial 42.7p with our longer term secondary, if bettered, calculating at a future 55p and the possibility of some hesitation, due to previous price behaviour. Visually, there is also the “risk” closure above 55p shall prove game changing for the longer term, dropping the share price into a region which shows an astounding 128p as exerting a Big Picture attraction. We’d not suggest holding our breath for this but it’s certainly unusual to present a scenario which neatly meets the share price’s historic high.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:57:35PM BRENT 8056.3
11:01:46PM GOLD 2397.38 2397 2388 2373 2412 2433 2437 2454 2414 Success
12:06:28AM FTSE 8138.8 Shambles
12:09:08AM STOX50 4840 Success
12:13:06AM GERMANY 18369 18320 18286 18164 18406 18460 18489 18545 18355 ‘cess
12:14:51AM US500 5443 Success
12:28:02AM DOW 39959 Success
12:31:47AM NASDAQ 19113 Shambles

 

24/07/2024 FTSE Closed at 8153 points. Change of -0.17%. Total value traded through LSE was: £ 5,128,130,189 a change of -2.6%
23/07/2024 FTSE Closed at 8167 points. Change of -0.38%. Total value traded through LSE was: £ 5,265,250,514 a change of 15.55%
22/07/2024 FTSE Closed at 8198 points. Change of 0.53%. Total value traded through LSE was: £ 4,556,598,316 a change of 4.43%
19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%
18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%
17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%
16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%

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:AML Aston Martin** **LSE:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:IGG IG Group** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **

********

Updated charts published on : AFC Energy, Aston Martin, BALFOUR BEATTY, Carclo, IG Group, Lloyds Grp., Marks and Spencer,

LSE:AFC AFC Energy Close Mid-Price: 15 Percentage Change: -3.85% Day High: 15.8 Day Low: 14.8

Weakness on AFC Energy below 14.8 will invariably lead to 14.4 with secon ……..

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LSE:AML Aston Martin. Close Mid-Price: 159.7 Percentage Change: + 6.47% Day High: 168.9 Day Low: 152.5

All Aston Martin needs are mid-price trades ABOVE 168.9 to improve accele ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 416.2 Percentage Change: -0.95% Day High: 427.2 Day Low: 416.4

Continued trades against BBY with a mid-price ABOVE 427.2 should improve ……..

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LSE:CAR Carclo. Close Mid-Price: 29.4 Percentage Change: + 9.70% Day High: 30 Day Low: 26

Continued trades against CAR with a mid-price ABOVE 30 should improve the ……..

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LSE:IGG IG Group Close Mid-Price: 845 Percentage Change: -1.69% Day High: 870 Day Low: 851

Further movement against IG Group ABOVE 870 should improve acceleration t ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 59.66 Percentage Change: + 0.24% Day High: 59.94 Day Low: 58.96

Further movement against Lloyds Grp. ABOVE 59.94 should improve accelerat ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 325.7 Percentage Change: + 0.03% Day High: 327.2 Day Low: 322.7

All Marks and Spencer needs are mid-price trades ABOVE 327.2 to improve a ……..

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

Posted on

GSTechnologies Ltd (LSE:GST) around 1.01 at time of writing.

#FTSE #WallSt  For some reason, we’ve always associated this company with cordless vacuum cleaners and of course, nothing could be further from the truth. Oddly, a single experience with a Gtech ‘pet’ vacuum ended badly, the thing unable to reliably clean the detritus of two Golden Retrievers. Dog hair is always the ultimate leveller in this particular market and nowadays, we’ve settled for a brand called “Shark”.

The reason for dipping into our bottomless tub of peeves comes from a few emails, asking our opinion on GSTechnologies price movements. After dipping into their website and discovering they are not in the business of hoovering up pet hair, instead we discover they are in buzzword heaven, probably hoovering up investors dreams of good times ahead. Okay, we admit a certain bias but as soon as we come across references to “Blockchain” and “Crypto”, a sinking feeling establishes itself as Fintech company share prices tend follow a distinct trajectory which is a shame, because the sector is bound to produce some stars. But despite this Australian company (Listed in London) producing a 26% share price rise, we remain sceptical, possibly for a very silly reason!

 

It is all to do with the lack of 1/100th of a penny. When we map the closing price trend of GSTechnologies, on a day when the share price closed at 1.01p, there was a problem. The closing price trend demanded the share price CLOSE above 1.012p to generate a flurry of hope as this would indicate the downtrend had been breached. While we’re being quite pedantic, especially as the last trade was shown at 1.02p but with a mid-price of 1.01, only a tiny nudge was needed to drop the share into the land of hope. Instead, the market ensured the closing price trend was not broken, a movement which felt a little unfair given the flamboyant day. This has created a situation, where our calculations demand movement next above 1.12p to give serious hope, ideally capable of generating a lift to an initial 1.42p with our secondary, if bettered, working out at 1.71p.

Importantly for the longer term, share price closure above 1.71p justifies a future ambition up at a visually pleasing 2.8p and the need for us to revisit the numbers. In theory, price movements next above a mid-price of 1.02p could kick things off but we’re being extremely cynical, due to the care taken to ensure the closing price trend was respected, if only by 1/100th of a penny.

Good luck with this. Maybe they are only awaiting a positive news report for the market to give the share price permission to move properly.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
12:06:56AM BRENT 8058.6 ‘cess
12:10:14AM GOLD 2408.42 Success
12:13:08AM FTSE 8151.2 8124 8119 8082 8152 8230 8268 8316 8202 ‘cess
12:16:11AM STOX50 4889.5
12:19:27AM GERMANY 18502 Success
12:23:59AM US500 5534
12:27:53AM DOW 40264.5 40223 40157 40036 40386 40527 40601 40738 40311 ‘cess
12:31:02AM NASDAQ 19636 Shambles
12:34:51AM JAPAN 39324 Success

 

23/07/2024 FTSE Closed at 8167 points. Change of -0.38%. Total value traded through LSE was: £ 5,265,250,514 a change of 15.55%
22/07/2024 FTSE Closed at 8198 points. Change of 0.53%. Total value traded through LSE was: £ 4,556,598,316 a change of 4.43%
19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%
18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%
17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%
16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%
15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%

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:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:SRP Serco** **

********

Updated charts published on : AFC Energy, Block Energy PLC, Carclo, Carnival, IG Group, Marks and Spencer, Natwest, Ocado Plc, Serco,

LSE:AFC AFC Energy Close Mid-Price: 15.6 Percentage Change: -7.03% Day High: 16.48 Day Low: 15.2

If AFC Energy experiences continued weakness below 15.2, it will invariab ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 0.85 Percentage Change: -5.56% Day High: 0.9 Day Low: 0.85

In the event Block Energy PLC experiences weakness below 0.85 it calculat ……..

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LSE:CAR Carclo. Close Mid-Price: 26.8 Percentage Change: + 11.67% Day High: 29 Day Low: 24

Target met. All Carclo needs are mid-price trades ABOVE 29 to improve acc ……..

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LSE:CCL Carnival. Close Mid-Price: 1360 Percentage Change: + 3.62% Day High: 1376 Day Low: 1295.5

All Carnival needs are mid-price trades ABOVE 1376 to improve acceleratio ……..

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LSE:IGG IG Group Close Mid-Price: 859.5 Percentage Change: -0.23% Day High: 866 Day Low: 855.5

Target met. In the event of IG Group enjoying further trades beyond 866, ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 325.6 Percentage Change: + 1.75% Day High: 324.7 Day Low: 315.8

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

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LSE:NWG Natwest. Close Mid-Price: 340 Percentage Change: + 0.41% Day High: 340.6 Day Low: 336.8

In the event of Natwest enjoying further trades beyond 340.6, the share s ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 430.8 Percentage Change: + 1.58% Day High: 434.8 Day Low: 419.4

In the event of Ocado Plc enjoying further trades beyond 434.8, the share ……..

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LSE:SRP Serco. Close Mid-Price: 188.5 Percentage Change: + 0.27% Day High: 194 Day Low: 186.6

Target met. All Serco needs are mid-price trades ABOVE 194 to improve acc ……..

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

Posted on

Melrose Industries Plc LSE:MRO around 551 at time of writing. Optimism!

#Gold #FTSE  Launched on the AIM market in 2003 with a market capitalisation of £10 million, aerospace company Melrose Industries can be presented as the dream share from the AIM. Adjusting for multiple share price splits over the years, it one enjoyed a low equivalent to 14p in todays money, not bad for a share price which achieved an adjusted high toward 8 quid back in 2020. It’s the sort of story which keeps AIM devotees awake at night while they review their devotion to the likes of Gulf Keystone.

A glance at the company Wikipedia page is certainly recommended, if wanting to be impressed. The company website, not so much, as there are a few dodgy comments. For instance, a commitment to spending a massive 80% of their R&D budget on Climate Related matters per year, to contribute to the decarbonisation of aerospace, raises an eyebrow. It’s a bit like a car manufacturer doing similar, eventually coming to the conclusion it will be better just not to make cars. We’d prefer an aerospace company devoted resources to keeping aircraft in the air!

Perhaps, it’s just one of these dream Green ambitions which a corporate committee thought looked good on the website.

 

Visually, above 590p would make an excellent stop loss level, if chasing a reversal position on this share price. Basically, price movements above such a level utter foul up all our calculations.

Currently, below 540p works out with the potential of reversals down to an initial 507 with our secondary, if broken, an eventual longer term 418p. As the chart below shows, this secondary ambition makes some visual sense, thus presenting a scenario where a rebound can be hoped should it ever appear However, we have some doubts, if only due to the number of share prices attempting their pre-pandemic highs. While Airbus, a leading client, have reported some hesitant numbers this year, there also appears to be a campaign highlighting orders from Airbus from a few national airlines, almost inevitable due to the Farnborough Air Show and corporate schmoozing party taking place this week.

If we choose to take 590p as being a potential trigger level for upward recovery, above this level apparently should trigger movement to an initial 728 with our secondary, if bettered, at 757p. These numbers are interesting, meeting the share price downtrend since 2017 and carrying the suggestion closure above 728p should dump the share in a long term region, where an attraction of 858 makes itself known.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:20:37PM BRENT 8178.9
10:17:04PM GOLD 2398.34 2384 2374 2356 2402 2412 2420 2432 2399 ‘cess
10:21:51PM FTSE 8210.4 8163 8132 8095 8197 8228 8258 8277 8195 Success
10:43:16PM STOX50 4914.9 ‘cess
10:46:19PM GERMANY 18476.8
10:49:15PM US500 5562.6
1:23:30AM DOW 40410
1:27:05AM NASDAQ 19778 Shambles
1:31:45AM JAPAN 39902

 

22/07/2024 FTSE Closed at 8198 points. Change of 0.53%. Total value traded through LSE was: £ 4,556,598,316 a change of 4.43%
19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%
18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%
17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%
16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%
15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%
12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%

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:CAR Carclo** **LSE:IDS International Distribution** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **

********

Updated charts published on : Carclo, International Distribution, IG Group, ITV, Just Eat, Marks and Spencer, Natwest, Ocado Plc, Sainsbury, Scancell, Tesco,

LSE:CAR Carclo. Close Mid-Price: 24 Percentage Change: + 13.21% Day High: 25 Day Low: 22

Target met. In the event of Carclo enjoying further trades beyond 25, the ……..

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LSE:IDS International Distribution Close Mid-Price: 341.8 Percentage Change: -0.41% Day High: 343 Day Low: 341

In the event of International Distribution enjoying further trades beyond ……..

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LSE:IGG IG Group. Close Mid-Price: 861.5 Percentage Change: + 1.23% Day High: 863 Day Low: 827.5

Continued trades against IGG with a mid-price ABOVE 863 should improve th ……..

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LSE:ITV ITV. Close Mid-Price: 84.1 Percentage Change: + 0.12% Day High: 89 Day Low: 84.35

Target met. Further movement against ITV ABOVE 89 should improve accelera ……..

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LSE:JET Just Eat. Close Mid-Price: 932 Percentage Change: + 1.86% Day High: 943 Day Low: 908

Continued weakness against JET taking the price below 908 calculates as l ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 320 Percentage Change: + 0.06% Day High: 323.9 Day Low: 318.4

Continued trades against MKS with a mid-price ABOVE 323.9 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 338.6 Percentage Change: + 0.92% Day High: 338.8 Day Low: 335.3

Further movement against Natwest ABOVE 338.8 should improve acceleration ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 424.1 Percentage Change: + 12.17% Day High: 422 Day Low: 396.4

Further movement against Ocado Plc ABOVE 422 should improve acceleration ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 273.4 Percentage Change: + 0.22% Day High: 276 Day Low: 272.6

Continued trades against SBRY with a mid-price ABOVE 276 should improve t ……..

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LSE:SCLP Scancell. Close Mid-Price: 14 Percentage Change: + 7.69% Day High: 14.25 Day Low: 13

Further movement against Scancell ABOVE 14.25 should improve acceleration ……..

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LSE:TSCO Tesco. Close Mid-Price: 326.2 Percentage Change: + 0.06% Day High: 327.8 Day Low: 325

Further movement against Tesco ABOVE 327.8 should improve acceleration to ……..

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

Posted on

Barclays Bank LSE:BARC around 228 at time of writing

#BrentFutures #Germany  Weekends are becoming fun. We had the UK racing team McLaren deliver a masterclass in how to win a race, yet still lose in Hungary. And Mr Trump delivered a heartfelt salutation to retiring President Biden, describing him as the worst US President ever. The US situation certainly begs the question why Biden feels he can last 4 more months as President yet will be unable to function for 4 more years. McLaren were equally perplexing, ordering their race winning driver to let his team mate pass, entirely for mysterious political reason. It provided a confusing end to a race which once again denied viewers the chance to go for a nap during the normally boring middle section.

 

It certainly was one heck of an ending to the week for the markets. We’ve our usual data feed which has proven very reliable over the years. However, we’re not entirely gullible, also sourcing data from a source in the USA and just in case this goes wrong, a limited backup is available from France. By around 8.30am, we’d come to the conclusion everything was a waste of time, nothing working reliably as while connections were possible, what was being received was garbage. Amusingly, my wife phoned in utter frustration at 9am, asking if something was wrong with the internet? Her offices had 30 computers, 27 of which had decided they couldn’t talk to the outside world and the IT department had recommended rebooting each system. Which of course failed to do anything other than allow the IT guys to escape from each phone call. When I told her the issue was worldwide, she checked with their offices in Cape Town and the Philippines, in the process discovering the entire company was engaged in uselessly rebooting PC’s constantly. Eventually, their IT folk discovered a workaround which let their main server accept connections, just one hour before my wife left for the day. From our perspective, it took until Sunday afternoon until our usual data feeds proved completely accessible.

 

Things seem to be improving for Barclays since our update 3 weeks ago. The current situation suggests movement above 235p shall endeavour to reach 254p next with our secondary, if beaten, now at a longer term 291p. Should things intend go wrong for this share price, below 200 looks like it has the potential of triggering reversal to 184p with secondary, if broken, at 167p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:01:41PM BRENT 8199.9 8167 7929 7645 8323 8535 8616 8755 8300
11:08:59PM GOLD 2403.51 2440
11:11:28PM FTSE 8170.2 8154
1:56:27AM STOX50 4828.8 4865
1:59:30AM GERMANY 18219 18176 18140 17926 18276 18386 18467 18574 18290
2:01:49AM US500 5525.7 5523
2:04:49AM DOW 40359 40597
2:06:51AM NASDAQ 19627.3 19679
2:09:13AM JAPAN 39695 39700

 

19/07/2024 FTSE Closed at 8155 points. Change of -0.6%. Total value traded through LSE was: £ 4,363,233,367 a change of 1.99%
18/07/2024 FTSE Closed at 8204 points. Change of 0.21%. Total value traded through LSE was: £ 4,278,080,573 a change of -5.62%
17/07/2024 FTSE Closed at 8187 points. Change of 0.28%. Total value traded through LSE was: £ 4,532,847,996 a change of 7.45%
16/07/2024 FTSE Closed at 8164 points. Change of -0.22%. Total value traded through LSE was: £ 4,218,485,938 a change of -1.45%
15/07/2024 FTSE Closed at 8182 points. Change of -0.85%. Total value traded through LSE was: £ 4,280,715,319 a change of 2.74%
12/07/2024 FTSE Closed at 8252 points. Change of 0.35%. Total value traded through LSE was: £ 4,166,551,953 a change of -13.98%
11/07/2024 FTSE Closed at 8223 points. Change of 0.37%. Total value traded through LSE was: £ 4,843,565,860 a change of 2.51%

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:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:CASP Caspian** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **

********

Updated charts published on : BALFOUR BEATTY, Block Energy PLC, Caspian, Just Eat, Marks and Spencer, Sainsbury, Scancell, Tesco,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 412.4 Percentage Change: -0.29% Day High: 423.6 Day Low: 411.8

Target met. All BALFOUR BEATTY needs are mid-price trades ABOVE 423.6 to ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 0.9 Percentage Change: -2.70% Day High: 0.92 Day Low: 0.88

Continued weakness against BLOE taking the price below 0.88 calculates as ……..

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LSE:CASP Caspian. Close Mid-Price: 5 Percentage Change: + 5.26% Day High: 5.05 Day Low: 4.75

Continued trades against CASP with a mid-price ABOVE 5.05 should improve ……..

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LSE:JET Just Eat Close Mid-Price: 915 Percentage Change: -4.59% Day High: 940 Day Low: 920

Weakness on Just Eat below 920 will invariably lead to 905p with secondar ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 319.8 Percentage Change: + 3.00% Day High: 322.3 Day Low: 308.5

Target met. Further movement against Marks and Spencer ABOVE 322.3 should ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 272.8 Percentage Change: + 0.66% Day High: 274 Day Low: 269.4

All Sainsbury needs are mid-price trades ABOVE 274 to improve acceleratio ……..

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LSE:SCLP Scancell. Close Mid-Price: 13 Percentage Change: + 8.33% Day High: 13.4 Day Low: 12.15

Target met. Continued trades against SCLP with a mid-price ABOVE 13.4 sho ……..

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LSE:TSCO Tesco. Close Mid-Price: 326 Percentage Change: + 0.34% Day High: 325.7 Day Low: 322.5

Continued trades against TSCO with a mid-price ABOVE 325.7 should improve ……..

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