JD Sports Fashion Plc (LSE:JD.) at around 132.30 at time of writing

#FTSE #SP500  In news from the town of Reading, it was revealed a man has been jailed for stealing a single £49 t-shirt from JD Sports. Personally, an initial reaction would expect the headline to read “Main detained under the Mental Health Act for stealing a T-shirt valued at £49.” Perhaps I’m being a little cruel but suspect for most folk in the UK, the life cycle of a T-shirt invariably ends with it becoming an oily rag and even then, only once it has suffered punishment duty as bedtime wear for a while.

Maybe a little cynical but unless a T-shirt has been signed by all the members of the UK Royal Family, it would be difficult to attach any sort of value to it. My wife has long ceased buying me ridiculous T-shirts as she appreciated Teletubbies, Tinkerbell, or Trump (for comedic value) would provoke a willingness to look ridiculous. The only time I drew the line were a series of UK political garments as they journeyed directly into their oily rag destination as abhorring anything to do with funding our incompetent UK politicians makes sense. Most of them already know the way to the trough.

Nowadays, probably all our household T-shirts are sourced via Temu, a shopping source which always entertains with their terrible sizing for products, along with incomprehensible designs and slogans. Often suspecting Temu must make charity shops look expensive for this sort of rubbish, an unwelcome opportunity to wander round a shopping mall recently proved “interesting”. Many outlets are retailing product which my wife knew as fact was available via Chinese company Temu, many factors cheaper. While an outlet in a shopping mall does give the opportunity to feel the fabric, it must be asked if the price hike from Temu for a 75p future rag to a shelf priced future rag at £7.50 is questionable. Obviously this is a personal rant as we think Temu actually has a primary aim of earning foreign currency, prior to the company eventually deciding to seek a listing in London or New York. With the companies now legendary quality control issues, it often feels profit is not the real motive.

 

As for JD Sports, it has experienced a pretty awful six months since our review in January. While the share price did achieve our upward targets, at no time has it closed above our secondary of 136p, so we’re a bit jaded if trying to report confidence for the future. There are some early signals something positive may be about to happen.

We’ve chosen to assign 137p as a major trigger level, believing closure above such a level should now prove fairly game changing. Such a miracle would dump the share in a zone where we can calculate future recovery to an initial 161p with secondary, if beaten, at 167p and some probable hesitation, if only due to the presence of the Blue downtrend since 2022. Surprisingly, in the future, closure above this historic trend shall place the share at the mercy of a long term attraction from 232p!

Our converse scenario risks reversal below 110p bringing a visit to an initial 99p with secondary, if broken, a less likely 82p.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:51:57PM BRENT 7714.1 ‘cess
10:54:26PM GOLD 2326.53
10:58:18PM FTSE 8250.6 8217 8197 8141 8247 8268 8279 8290 8235 ‘cess
11:01:35PM STOX50 4965.7 ‘cess
11:05:05PM GERMANY 18462.4
11:07:18PM US500 5291.6 5248 5231 5208 5268 5300 5308 5328 5273
11:10:08PM DOW 38718
11:12:24PM NASDAQ 18652
11:16:59PM JAPAN 38431 ‘cess

#

4/06/2024 FTSE Closed at 8232 points. Change of -0.36%. Total value traded through LSE was: £ 7,684,560,050 a change of 30.84%
3/06/2024 FTSE Closed at 8262 points. Change of -0.16%. Total value traded through LSE was: £ 5,873,182,024 a change of -59.21%
31/05/2024 FTSE Closed at 8275 points. Change of 0.53%. Total value traded through LSE was: £ 14,399,322,984 a change of 74.95%
30/05/2024 FTSE Closed at 8231 points. Change of 0.59%. Total value traded through LSE was: £ 8,230,680,116 a change of 35.4%
29/05/2024 FTSE Closed at 8183 points. Change of -0.86%. Total value traded through LSE was: £ 6,078,579,262 a change of 7.75%
28/05/2024 FTSE Closed at 8254 points. Change of -0.76%. Total value traded through LSE was: £ 5,641,394,856 a change of 14.03%
24/05/2024 FTSE Closed at 8317 points. Change of -100%. Total value traded through LSE was: £ 4,947,346,285 a change of 0%

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:AZN Astrazeneca** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:PMG Parkmead** **

********

Updated charts published on : Astrazeneca, Marks and Spencer, National Glib, Parkmead,


LSE:AZN Astrazeneca. Close Mid-Price: 12404 Percentage Change: + 0.47% Day High: 12470 Day Low: 12322

Further movement against Astrazeneca ABOVE 12470 should improve accelerat ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***


LSE:MKS Marks and Spencer. Close Mid-Price: 311.6 Percentage Change: + 1.80% Day High: 313.5 Day Low: 305.1

All Marks and Spencer needs are mid-price trades ABOVE 313.5 to improve a ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***


LSE:NG. National Glib. Close Mid-Price: 911.8 Percentage Change: + 2.91% Day High: 913.4 Day Low: 884.6

Continued trades against NG. with a mid-price ABOVE 913.4 should improve ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***


LSE:PMG Parkmead. Close Mid-Price: 14.5 Percentage Change: + 8.21% Day High: 14.75 Day Low: 12.75

Allegedly, above 14.75 should now promote movement to an initial 16.25 wit ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***


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

Kinda like Tullow Oil Plc (LSE:TLW) at around 37.30 at time of writing.

#Gold #Nasdaq  Sometimes, a company can experience share price movements which almost defy logic, causing us endless irritation as we try and make sense of the nonsensical. #Tullow falls, quite neatly, into this category or perhaps it’s just moving slower than we’d like. Doubtless their share price shall suffer some immediate damage, due to the weakening of Crude, but from a chart perspective, we’re not inclined toward great concern.

From our perspective, this share price requires to slump below 29p to undo the “Big Picture” effort it has been displaying since the start of April. Thus far, it has provided a scenario where movement above 40.3p should next propel the share value to an initial 51p with our secondary, if beaten, an eventual impressive 56p. Unfortunately, one heck of a lot of folk will be jaded with the share price dance since the start of 2023, the market almost declaring openly it was not going to be permitted above 39p. But with the Blue downtrend since 2019 being exceeded at the start of April, the price appeared to have little difficulty in surging to a new high of 40.32, even managing to close the day marginally above the 39p level and thus, giving a strong suggestion this downtrend may be important.

We’re more than a little cynical about the price of crude, believing some emergency or other shall make itself known and be used, as always, to recover the price back into the realms of the $80 level, a price level the market feels quite happy with. As a result, any day now a missile shall probably hit a refinery or store, declared an out of control accident, but the markets will use it as a good excuse to once again inflate the price of oil. In other words, despite there being a strong argument for Brent Crude to drain down to an eventual $71, it feels like the Middle East never has a shortage of reasons to create a panic. It would certainly be fun to see a bunch of the “Just Stop Oil” folks blockading Suez with a bunch of rubber dingy’s with electric outboards.

 

If the market gets serious about reversing Tullow, below 29p would threaten a visit to an initial 26p with secondary, if broken, at 22p and hopefully a rebound.

 

Visually, we quite like Tullow, regarding it as now trading in a zone where a lift to a long term 75p makes a lot of sense, even visually. But it’s also true to suggest their share price movements sometimes make the retail banking sector look like it has discovered how to spell “integrity”.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:49:07PM BRENT 7815.7
11:51:31PM GOLD 2350.4 2333 2307 2289 2353 2355 2366 2383 2345
11:54:32PM FTSE 8255.7
11:57:53PM STOX50 4997.6
12:00:44AM GERMANY 18576 ‘cess
12:03:42AM US500 5286.5 Shambles
12:06:44AM DOW 38580
12:09:00AM NASDAQ 18615.5 18394 18306 18173 18551 18704 18788 18988 18568
12:19:00AM JAPAN 38667 38429 38315 38200 38565 38720 38799 39190 38733 ‘cess

 

3/06/2024 FTSE Closed at 8262 points. Change of -0.16%. Total value traded through LSE was: £ 5,873,182,024 a change of -59.21%
31/05/2024 FTSE Closed at 8275 points. Change of 0.53%. Total value traded through LSE was: £ 14,399,322,984 a change of 74.95%
30/05/2024 FTSE Closed at 8231 points. Change of 0.59%. Total value traded through LSE was: £ 8,230,680,116 a change of 35.4%
29/05/2024 FTSE Closed at 8183 points. Change of -0.86%. Total value traded through LSE was: £ 6,078,579,262 a change of 7.75%
28/05/2024 FTSE Closed at 8254 points. Change of -0.76%. Total value traded through LSE was: £ 5,641,394,856 a change of 14.03%
24/05/2024 FTSE Closed at 8317 points. Change of -0.26%. Total value traded through LSE was: £ 4,947,346,285 a change of -38.57%
23/05/2024 FTSE Closed at 8339 points. Change of -100%. Total value traded through LSE was: £ 8,053,731,391 a change of 0%

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:GRG Greggs** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Barclays, Greggs, IG Group, ITV, Marks and Spencer, Rockhopper, Rolls Royce,


LSE:BARC Barclays Close Mid-Price: 219.2 Percentage Change: -0.36% Day High: 224.25 Day Low: 219.05

Target met. Continued trades against BARC with a mid-price ABOVE 224.25 s ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***


LSE:GRG Greggs Close Mid-Price: 2938 Percentage Change: -0.07% Day High: 2976 Day Low: 2922

Target met. Continued trades against GRG with a mid-price ABOVE 2976 shou ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***


LSE:IGG IG Group. Close Mid-Price: 822 Percentage Change: + 1.48% Day High: 825 Day Low: 812.5

Target met. Further movement against IG Group ABOVE 825 should improve ac ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***


LSE:ITV ITV Close Mid-Price: 78.9 Percentage Change: -0.88% Day High: 81 Day Low: 79.05

Target met. In the event of ITV enjoying further trades beyond 81, the sh ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***


LSE:MKS Marks and Spencer. Close Mid-Price: 306.1 Percentage Change: + 1.36% Day High: 309.9 Day Low: 304.9

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

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***


LSE:NG. National Glib. Close Mid-Price: 886 Percentage Change: + 0.41% Day High: 907.2 Day Low: 882.6

All National Glib needs are mid-price trades ABOVE 907.2 to improve accel ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***


LSE:RKH Rockhopper Close Mid-Price: 13.72 Percentage Change: -3.35% Day High: 14.2 Day Low: 13.35

Continued trades against RKH with a mid-price ABOVE 14.2 should improve t ……..

Subscribe for more

</p

View Previous Rockhopper & Big Picture ***


LSE:RR. Rolls Royce. Close Mid-Price: 460.9 Percentage Change: + 1.65% Day High: 466.7 Day Low: 458.6

Target met. In the event of Rolls Royce enjoying further trades beyond 46 ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


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

Danger signs for Lloyds Banking Group (LSE:LLOY) at around 55.52 at time of writing

#Brent #Dax  Every now and then, we all make a colossal mistake. Invariably, our most recent involves our little red tractor and the cutting deck. During winter, an idea burst into fruition. I could creating a slot in the side of the cutting deck to allow cut grass to fountain out. It seemed a reasonable idea but the reality has been a mess, a lawn eventually covered with hay rather than the usual clumps of grass waiting for a dog to squirm on. It was all very strange as we’ve two blades, measuring 38 inches, which are supposed to mulch the grass creating a healthy lawn.

Of course, laziness was the reason as there are few things more irritating than two passes of the grass, then stopping to reverse and tip the grass collector. We’d changed to “mulching blades” a couple of years ago and cheerfully ditched the absurd hydraulic collection box. This year has been the first time trying the mulching blades alongside with my new invention of a grass exhaust port on the deck. It transpires, this was stupid, a very real “Read The Friggin Manual” moment due to my winter servicing with a cutting torch making mulched grass an impossibility. So now, this weekend, I’ve been cutting steel plate to weld over my invented cutting deck exhaust, undoing my error and once again forcing the machine to create healthy mulch for the lawn. The annoying thing is being able to write about this in a single paragraph, despite the hours already involved in some heavy and hard work. It was tempting to use our 3d Printer to knock together a cover for the new hole but reality shall ensure it will somehow get sucked into the metre wide blades and eaten.

 

Rather neatly, this brings us to one of the mothers and fathers of colossal mistakes, the UK retail bank known as Lloyds, famous purveyors of horse meat from a black horse… Something quite interesting appears to be going on, perhaps finally justifying our three weekly review of the ongoing mess. Goodness knows, over the years, we’re written a huge amount of fertilizer about Lloyds as it carefully has avoided doing anything useful.

 

Last time we reviewed Lloyds, we’d given 55.8p as a fairly major target and it’s been ambition easily achieved. Now, there’s a visual risk of things going a little wrong as the share price has suffered a GaGa, a Gap Up followed by a Gap Down. This particular market dance step, almost unique to the UK market, calculates with an interesting possibility, one which suggests an attempt may be underway to “slow” down the pace of Lloyds movements for reasons we don’t get. But the immediate situation is one of mild catastrophe with movement below 54.4p potentially triggering reversals to 53p with our secondary, if broken, at 51.4p. Unfortunately, thanks to the width of the gapping movements, these numbers, especially the secondary, enjoy a 0.7p error potential.

Over the years, we’ve had plenty of time to map these GaGa events and they’re usually quite reliable. In this instance, should it trigger, we’d actually hope for a bounce above our 51.4 secondary as the market appears to be anointing that blue line with a degree of importance. And of course, should the market opt to Gap Lloyds upward at the open anytime soon, all bets are off as guesswork will be needed to map any fall.

 

In the less likely event the market continues some sort of upward push against Lloyds, above just 56p should now make an effort to attain 57p next and visually, some possible hesitation. Our secondary, if bettered, calculates at a suspiciously precise 58p but, in the event the share price closes above 57p, it enters the realms of a longer term cycle to an impressive 68p.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:07:12PM BRENT 8076.7 8044 7708 7218 8362 8159 8185 8228 8099
11:11:03PM GOLD 2327 2340
11:14:25PM FTSE 8297 8258
11:16:54PM STOX50 5004.5 4984
11:18:59PM GERMANY 18586 18424 18388 18317 18493 18601 18693 18796 18500
11:21:53PM US500 5285 5262
11:27:52PM DOW 38733 38507
11:30:12PM NASDAQ 18529 18491
11:32:02PM JAPAN 38755 38663

 

31/05/2024 FTSE Closed at 8275 points. Change of 0.53%. Total value traded through LSE was: £ 14,399,322,984 a change of 74.95%
30/05/2024 FTSE Closed at 8231 points. Change of 0.59%. Total value traded through LSE was: £ 8,230,680,116 a change of 35.4%
29/05/2024 FTSE Closed at 8183 points. Change of -0.86%. Total value traded through LSE was: £ 6,078,579,262 a change of 7.75%
28/05/2024 FTSE Closed at 8254 points. Change of -0.76%. Total value traded through LSE was: £ 5,641,394,856 a change of 14.03%
24/05/2024 FTSE Closed at 8317 points. Change of -0.26%. Total value traded through LSE was: £ 4,947,346,285 a change of -38.57%
23/05/2024 FTSE Closed at 8339 points. Change of -0.37%. Total value traded through LSE was: £ 8,053,731,391 a change of 27.95%
22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%

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:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:RKH Rockhopper** **LSE:TLW Tullow** **

********

Updated charts published on : AFC Energy, Gulf Keystone, Greggs, IG Group, ITV, Rockhopper, Tullow,


LSE:AFC AFC Energy Close Mid-Price: 23.2 Percentage Change: -3.93% Day High: 26 Day Low: 24.05

Target met. In the event of AFC Energy enjoying further trades beyond 26, ……..

Subscribe for more

</p

View Previous AFC Energy & Big Picture ***


LSE:GKP Gulf Keystone. Close Mid-Price: 143.3 Percentage Change: + 1.42% Day High: 145 Day Low: 140.9

Further movement against Gulf Keystone ABOVE 145 should improve accelerat ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***


LSE:GRG Greggs. Close Mid-Price: 2940 Percentage Change: + 0.00% Day High: 2946 Day Low: 2920

Further movement against Greggs ABOVE 2946 should improve acceleration to ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***


LSE:IGG IG Group. Close Mid-Price: 810 Percentage Change: + 2.47% Day High: 810.5 Day Low: 785

Target met. In the event of IG Group enjoying further trades beyond 810.5 ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***


LSE:ITV ITV. Close Mid-Price: 79.6 Percentage Change: + 2.05% Day High: 79.8 Day Low: 77.85

All ITV needs are mid-price trades ABOVE 79.8 to improve acceleration tow ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***


LSE:RKH Rockhopper. Close Mid-Price: 14.2 Percentage Change: + 0.71% Day High: 14.15 Day Low: 13.5

All Rockhopper needs are mid-price trades ABOVE 14.15 to improve accelera ……..

Subscribe for more

</p

View Previous Rockhopper & Big Picture ***


LSE:TLW Tullow Close Mid-Price: 39.14 Percentage Change: -0.86% Day High: 40.32 Day Low: 38.28

In the event of Tullow enjoying further trades beyond 40.32, the share sh ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***


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

FTSE for FRIDAY (FTSE:UKX) at around 8231 at time of writing

#FTSE #Gold  Friday should prove interesting as unsurprisingly, the political trial of Mr Trump found him guilty of everything. Given the guy was effectively banned from defending himself and the prosecution waited until the end of closing arguments to reveal their imagined justification for the court case, something appears truly wrong with American law. A sneaking suspicion, should Mr Trump win the election, a similar trial shall kick off against Mr Biden and provide weeks of entertainment.

All things considered, Thursday was a strange day, the FTSE showing further upward movement while the USA threw a bit of a tantrum. Here in the UK, even the AIM market is starting to give positive signals for the rest of this year, making a visit to 860 points fairly believable with the obvious potential of many AIM components starting to do something useful. Unfortunately, until such time the AIM is trading above 980, it shall remain at risk of the markets whims but visually, we like how it looks.

Needless to say, we’ve got a “however” and it comes from the DOW, a market which is tottering on the edge of reversals to around 35,500 points. It hasn’t ticked the final box yet but the chart visuals are not pleasing, making it feel like the US is only a bad news story away from provoking reversal of a few thousand points. As for the FTSE, it is now trading in a zone where we cannot be aghast if it eventually finds its way to 8.600+ points. The UK would need below 7,600 points to spoil the party.

 

For now, despite some fun and games this week, the FTSE looks capable of presenting further upward travels.

Above 8255 points near term apparent should trigger movement toward an initial 8324 points. Our secondary, should this initial ambition be exceeded, calculates at an eventual 8369 points. If triggered, the tightest stop looks like 8205 points, fairly wide but about what could be expected given the risk/reward potentials.

Our converse scenario, if things decide to go wrong, suggest below 8204 points triggering reversal to 8182 with our secondary, if broken, working out at 8153 points and an almost certain rebound.

Have a good weekend, a difficult one as there’s no Monaco Grand Prix to trigger a good nap. Though, in our case, we watched the final 4 episodes of ‘Clarkstons Farm’, a series which had the ability to disappoint, when realising the final episode it “it” for this year.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:40:13PM BRENT 8190.6 8185 8154 8227 8357 8410 8271
10:42:47PM GOLD 2342.65 2323 2317 2339 2352 2359 2341 ‘cess
10:45:27PM FTSE 8230.5 8142 8075 8194 8247 8283 8219 Shambles
11:32:44PM STOX50 4984.1 4942 4898 4979 4998 5026 4980 ‘cess
11:36:19PM GERMANY 18461 18386 18254 18480 18540 18576 18457 Shambles
11:38:31PM US500 5230.3 5223 5194 5253 5261 5274 5237 ‘cess
11:41:35PM DOW 38085.6 38005 37644 38200 38210 38280 38020
11:44:00PM NASDAQ 18510 18486 18444 18562 18667 18716 18587 ‘cess
11:46:50PM JAPAN 38065 37625 37502 38120 38354 38416 38106 Success

 

30/05/2024 FTSE Closed at 8231 points. Change of 0.59%. Total value traded through LSE was: £ 8,230,680,116 a change of 35.4%
29/05/2024 FTSE Closed at 8183 points. Change of -0.86%. Total value traded through LSE was: £ 6,078,579,262 a change of 7.75%
28/05/2024 FTSE Closed at 8254 points. Change of -0.76%. Total value traded through LSE was: £ 5,641,394,856 a change of 14.03%
24/05/2024 FTSE Closed at 8317 points. Change of -0.26%. Total value traded through LSE was: £ 4,947,346,285 a change of -38.57%
23/05/2024 FTSE Closed at 8339 points. Change of -0.37%. Total value traded through LSE was: £ 8,053,731,391 a change of 27.95%
22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%
21/05/2024 FTSE Closed at 8416 points. Change of -100%. Total value traded through LSE was: £ 5,479,565,793 a change of 0%

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:DGE Diageo** **LSE:GENL Genel** **LSE:GRG Greggs** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

********

Updated charts published on : AFC Energy, Diageo, Genel, Greggs, Marks and Spencer, National Glib, Quadrise, Rockhopper, Tern Plc, Tullow,


LSE:AFC AFC Energy. Close Mid-Price: 24.15 Percentage Change: + 3.87% Day High: 24.05 Day Low: 21.95

Target met. Further movement against AFC Energy ABOVE 24.05 should improv ……..

Subscribe for more

</p

View Previous AFC Energy & Big Picture ***


LSE:DGE Diageo. Close Mid-Price: 2602 Percentage Change: + 0.46% Day High: 2612.5 Day Low: 2571.5

Target met. Weakness on Diageo below 2571.5 will invariably lead to 2507p ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***


LSE:GENL Genel. Close Mid-Price: 96.4 Percentage Change: + 6.28% Day High: 98 Day Low: 90.5

Continued trades against GENL with a mid-price ABOVE 98 should improve th ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***


LSE:GRG Greggs. Close Mid-Price: 2940 Percentage Change: + 1.45% Day High: 2944 Day Low: 2850

All Greggs needs are mid-price trades ABOVE 2944 to improve acceleration ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***


LSE:MKS Marks and Spencer. Close Mid-Price: 303.9 Percentage Change: + 0.36% Day High: 306 Day Low: 299.7

Continued trades against MKS with a mid-price ABOVE 306 should improve th ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***


LSE:NG. National Glib. Close Mid-Price: 843 Percentage Change: + 0.55% Day High: 846.2 Day Low: 826.6

In the event National Glib experiences weakness below 826 it calculates wi ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***


LSE:QED Quadrise. Close Mid-Price: 2.27 Percentage Change: + 13.39% Day High: 2.49 Day Low: 2.05

Target met. All Quadrise needs are mid-price trades ABOVE 2.49 to improve ……..

Subscribe for more

</p

View Previous Quadrise & Big Picture ***


LSE:RKH Rockhopper. Close Mid-Price: 14.1 Percentage Change: + 4.44% Day High: 14.05 Day Low: 13.35

Further movement against Rockhopper ABOVE 14.05 should improve accelerati ……..

Subscribe for more

</p

View Previous Rockhopper & Big Picture ***


LSE:TERN Tern Plc Close Mid-Price: 2.6 Percentage Change: -7.14% Day High: 2.75 Day Low: 2.45

Weakness on Tern Plc below 2.45 will invariably lead to 1.9p with seconda ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***


LSE:TLW Tullow. Close Mid-Price: 39.48 Percentage Change: + 5.39% Day High: 39.5 Day Low: 36.4

Continued trades against TLW with a mid-price ABOVE 39.5 should improve t ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***


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

SSP Group Plc (LSE:NWG) at around 167.4 currently and hopeful

#Gold SSPG   It transpires there’s a reason for the “sameness” around the world, a feeling of familiarity among many airports often giving distinct déjà vu. The culprit is FTSE 250 member #SSP_Group, describing themselves as The Food Travel Exports, the best part of the journey, their varied brands of shops and food courts decorating airports, rail stations, even some motorway service stations, in 37 countries worldwide.

It’s a bit amusing as airports are a single place where visitors only want one thing, to get out of the place. Yet this company have carved themselves a niche market and despite the decline in air travel, continue to expand most recently into Indonesia. We admit to stalking aviation related companies in the hope of discovering the gem which shall give an early clue the airline market is about to start some proper recovery. After all, it makes sense the enforced petri dish of mass travel shall probably experience rapid acceleration, when things finally kick off.

Alas, our immediate review of SSP Group fails to yield any immediate succour but there is a small hint needing very little movement which should give an initial indication SSP may be shuffling into position for some recovery.

 

We’ve an immediate scenario which proposes above 179p should prove capable of triggering an initial, tame recovery to an initial 186p. While in itself, such a pathetic movement is useless to traders, it should recover the share price above the Red uptrend since the manufactured pandemic low of 2020 at 136p. The years since have seen, similar to the airline industry, many false starts but we shall now be especially interested if this once again regains the uptrend. In a box ticking contest, movement such as this shall definitely tick the first box.

Only if the price manages above 186 do we expect things to become useful, giving the potential of a continued rise to an initial 214p with our longer term secondary, if bettered, at 230p and some potential hesitation due to the price finally beating a downtrend since 2021.

However, there is a remaining problem and it’s the cycle upon which the share currently finds itself. It is trading in a zone where reversal below 160 threatens a trip down to 136 and a mirror image of the low of 2020. Hopefully it would discover the means to display a bounce from such a level as our secondary, should the initial break, works out at 111p and the suggestion of a future in the wilderness. But for now, we’re keeping an eye on them and hoping this share price shall prove capable of warning the aviation market is finally sharpening its fangs.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:52:48PM BRENT 8335.9 Success
9:57:38PM GOLD 2337.57 2334 2327 2314 2365 2364 2370 2382 2351 Shambles
10:02:33PM FTSE 8159.1 Success
10:06:54PM STOX50 4950 Success
10:10:13PM GERMANY 18434 Success
11:19:27PM US500 5253.4 5252 5245 5219 5272 5282 5291 5304 5269 Success
12:24:03AM DOW 38185 ‘cess
12:27:31AM NASDAQ 18659 Success
12:35:11AM JAPAN 38130 Success

 

29/05/2024 FTSE Closed at 8183 points. Change of -0.86%. Total value traded through LSE was: £ 6,078,579,262 a change of 7.75%
28/05/2024 FTSE Closed at 8254 points. Change of -0.76%. Total value traded through LSE was: £ 5,641,394,856 a change of 14.03%
24/05/2024 FTSE Closed at 8317 points. Change of -0.26%. Total value traded through LSE was: £ 4,947,346,285 a change of -38.57%
23/05/2024 FTSE Closed at 8339 points. Change of -0.37%. Total value traded through LSE was: £ 8,053,731,391 a change of 27.95%
22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%
21/05/2024 FTSE Closed at 8416 points. Change of -0.09%. Total value traded through LSE was: £ 5,479,565,793 a change of 22.51%
20/05/2024 FTSE Closed at 8424 points. Change of -100%. Total value traded through LSE was: £ 4,472,630,359 a change of 0%

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:DGE Diageo** **LSE:GKP Gulf Keystone** **LSE:IDS International Distribution** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:QED Quadrise** **

********

Updated charts published on : AFC Energy, Aston Martin, Diageo, Gulf Keystone, International Distribution, Marks and Spencer, National Glib, Oxford Instruments, Quadrise,


LSE:AFC AFC Energy. Close Mid-Price: 23.25 Percentage Change: + 1.09% Day High: 23.55 Day Low: 22.4

Continued trades against AFC with a mid-price ABOVE 23.55 should improve ……..

Subscribe for more

</p

View Previous AFC Energy & Big Picture ***


LSE:AML Aston Martin Close Mid-Price: 132.6 Percentage Change: -1.70% Day High: 134.5 Day Low: 127.1

If Aston Martin experiences continued weakness below 127.1, it will invar ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***


LSE:DGE Diageo Close Mid-Price: 2590 Percentage Change: -1.48% Day High: 2628 Day Low: 2589

Target met. Continued weakness against DGE taking the price below 2589 ca ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***


LSE:GKP Gulf Keystone Close Mid-Price: 138 Percentage Change: -0.79% Day High: 143.8 Day Low: 136.7

All Gulf Keystone needs are mid-price trades ABOVE 143.8 to improve accel ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***


LSE:IDS International Distribution. Close Mid-Price: 335 Percentage Change: + 4.30% Day High: 338.4 Day Low: 328.8

Continued trades against IDS with a mid-price ABOVE 338.4 should improve ……..

Subscribe for more

</p

View Previous International Distribution & Big Picture ***


LSE:MKS Marks and Spencer. Close Mid-Price: 302.8 Percentage Change: + 0.26% Day High: 305.4 Day Low: 300.4

Further movement against Marks and Spencer ABOVE 305.4 should improve acc ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***


LSE:NG. National Glib Close Mid-Price: 838.4 Percentage Change: -4.36% Day High: 867.6 Day Low: 830.8

Target met. In the event National Glib experiences weakness below 830.8 i ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***


LSE:OXIG Oxford Instruments Close Mid-Price: 2420 Percentage Change: -2.81% Day High: 2590 Day Low: 2430

Continued trades against OXIG with a mid-price ABOVE 2590 should improve ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***


LSE:QED Quadrise. Close Mid-Price: 2 Percentage Change: + 17.50% Day High: 2 Day Low: 1.7

Further movement against Quadrise ABOVE 2 should improve acceleration tow ……..

Subscribe for more

</p

View Previous Quadrise & Big Picture ***


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

Natwest Group Plc (LSE:NWG) at around 309.4 currently.

#Brent #Dax   As we all enjoy the various antics of UK political parties, seemingly doing their best not to be elected, it seems only a matter of days before one of the parties announces being “Sent to Rwanda for Speeding” or Fines for using the wrong pronouns.  Actually, the last one may not be entirely unlikely as it’s the ridiculous law here in Scotland, a place where a politician once made the suggestion of sending “illegals” to live on an island, a concept immediately demolished as a potential vote loser and likely to fall victim of Human Rights rules. With the recent quality of weather, that may not be entirely inaccurate.

 

Despite the entertainment of a UK General Election, retail bank share prices continue to provide their own sideshow. Thankfully, Natwest has finally opted to close above 315p for a few trading sessions (ten in total) giving us fairly substantial hope the game has changed for the share price and finally, the correct set of circumstances should witness some proper price movement.

From our perspective, Natwest is finally trading in a zone where our ‘post-pandemic’ theory allows a future price target at an impressive 549p!

We’ve a surprising immediate scenario, where we can now propose closure once again above 315p should prove especially interesting, expecting a movement cycle to commence to an initial 350p with secondary, if bettered, at 381p. Obviously, the retail banks all suffer from the threat of deliberate political interference and in an election year, this threat is more blatant than BBC bias.

 

If trouble lies ahead, closure below 292p will ring enormous alarm bells, presenting the potential of reversal to an initial 274 with our secondary, if broken, working out at 239p. But for the longer term, thanks to it already closing above 315p, we’re hopeful the game has changed for the bank and the future only requiring oodles of patience, almost worse than watching the boring Monaco F1 races where even a competitor commented he should have brought a pillow for the car cockpit.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:34:03PM BRENT 8431.6 8047 7966 7810 8132 8219 8273 8349 8130
10:41:51PM GOLD 2360.96 2340
10:44:19PM FTSE 8254.8 8319
10:46:34PM STOX50 5031.3 5034
10:49:00PM GERMANY 18661.5 18620 18564 18467 18694 18769 18786 18842 18701
11:06:18PM US500 5306.9 5305
11:08:58PM DOW 38804 39017
11:52:47PM NASDAQ 18870 18843
11:55:01PM JAPAN 38915 38875

 

28/05/2024 FTSE Closed at 8254 points. Change of -0.76%. Total value traded through LSE was: £ 5,641,394,856 a change of 14.03%
24/05/2024 FTSE Closed at 8317 points. Change of -0.26%. Total value traded through LSE was: £ 4,947,346,285 a change of -38.57%
23/05/2024 FTSE Closed at 8339 points. Change of -0.37%. Total value traded through LSE was: £ 8,053,731,391 a change of 27.95%
22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%
21/05/2024 FTSE Closed at 8416 points. Change of -0.09%. Total value traded through LSE was: £ 5,479,565,793 a change of 22.51%
20/05/2024 FTSE Closed at 8424 points. Change of 0.05%. Total value traded through LSE was: £ 4,472,630,359 a change of -22.38%
17/05/2024 FTSE Closed at 8420 points. Change of -100%. Total value traded through LSE was: £ 5,762,302,042 a change of 0%

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:BARC Barclays** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:GRG Greggs** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : AFC Energy, Barclays, Diageo, ECO (Atlantic) O & G, Greggs, Marks and Spencer, Rolls Royce, Scottish Mortgage Investment Trust,


LSE:AFC AFC Energy. Close Mid-Price: 23 Percentage Change: + 2.22% Day High: 23.3 Day Low: 21

All AFC Energy needs are mid-price trades ABOVE 23.3 to improve accelerat ……..

Subscribe for more

</p

View Previous AFC Energy & Big Picture ***


LSE:BARC Barclays. Close Mid-Price: 219.1 Percentage Change: + 1.36% Day High: 220.1 Day Low: 216.55

Target met. In the event of Barclays enjoying further trades beyond 220.1 ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***


LSE:DGE Diageo Close Mid-Price: 2629 Percentage Change: -2.38% Day High: 2690 Day Low: 2618.5

If Diageo experiences continued weakness below 2618.5, it will invariably ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***


LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 15.5 Percentage Change: + 19.23% Day High: 16.25 Day Low: 14.75

Target met. Further movement against ECO (Atlantic) O & G ABOVE 16.25 sho ……..

Subscribe for more

</p

View Previous ECO (Atlantic) O & G & Big Picture ***


LSE:GRG Greggs. Close Mid-Price: 2888 Percentage Change: + 0.56% Day High: 2906 Day Low: 2860

Target met. In the event of Greggs enjoying further trades beyond 2906, t ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***


LSE:MKS Marks and Spencer. Close Mid-Price: 302 Percentage Change: + 0.94% Day High: 304.8 Day Low: 299.6

All Marks and Spencer needs are mid-price trades ABOVE 304.8 to improve a ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***


LSE:RR. Rolls Royce. Close Mid-Price: 451 Percentage Change: + 1.39% Day High: 458.4 Day Low: 444.3

Target met. Further movement against Rolls Royce ABOVE 458.4 should impro ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 882.6 Percentage Change: -2.04% Day High: 904.6 Day Low: 885

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

Subscribe for more

</p

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


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

FTSE for FRIDAY (FTSE:UKX) at around 8339 currently

#FTSE #WallSt   As we trudge through the rain to the final week of May,  the market has echoed the mood of the weather but we’re a little hopeful things shall again improve. After all, here in Argyll, Scotland, summer generally happens during May & June so perhaps the FTSE shall choose to replicate our mood. But only if things improve. One interesting aspect of the reversals the most recent four days achieved. The market low of 8332 points was pretty much an exact journey to a bottom, a point from which we’d hope for a proper bounce.

Strange to note, last Friday we’d given an initial drop target at 8384 with secondary, if broken, at 8368 points. To keep everyone amused, on Tuesday the index reversed to 8384 points, then supplied a 40 point bounce. But before the bounce, the index briefly broke below our target level in a movement which, from our perspective, meant any bounce shouldn’t be trusted. The next day, Wednesday, saw the market venture down to our secondary target at the open of trade and chose to break below for a few minutes. But once again, it bounced, this time by 30 points.

So once again, we were justified in distrusting what was coming and Thursday didn’t disappoint. Had we been writing publicly about our expectations, folk would have seen the private note to our customers; “shall not be surprised if the FTSE experiences reversals to 8330 before kicking off a bounce

Now, as we approach Friday with the market not making it below 8330 points, we’ve some hope for a day with some market gains!

 

In the hopeful scenario of our theory being correct, above 8365 points is supposed to kick things off, giving an initial utterly useless target of 8375 points. Our secondary is quite a bit more useful at what we describe as a “longer term” 8408 points. We’ve opted to sneak in this caveat, following the results from last Friday which, as shown above, took 5 trading days to come to fruition. In normal circumstances without the background noise of world events and the contrived political news due to a coming UK election, conventionally we’d be giving 8408 as an initial target with secondary, if beaten, at 8467 points but recently, the FTSE has been quite stingy with the width of movements.

 

Should the market discover a reason for things to go pear shaped, now below 8330 looks a bit troubling, threatening reversals to an initial 8285 points with secondary, if broken, at 8225 points.

Have a good weekend and enjoy Grand Prix qualifying on Saturday. Unless it rains in Monaco, the actual race shall doubtless be worth avoiding.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:49:43PM BRENT 8129.4 8081 8060 8283 8165 8189 8115 Shambles
10:52:55PM GOLD 2328.69 2326 2280 2352 2351 2356 2340 Success
10:57:02PM FTSE 8288 8277 8251 8320 8320 8332 8290 Success
10:59:42PM STOX50 5004.5 4996 4979 5016 5044 5063 5024 Success
11:02:38PM GERMANY 18579.2 18554 18531 18610 18718 18785 18639 ‘cess
11:06:06PM US500 5270.7 5256 5235 5282 5325 5355 5298 Success
11:12:47PM DOW 39064.5 39029 38780 39717 39450 39626 39353 Success
11:15:15PM NASDAQ 18614.2 18552 18497 18646 18862 18990 18728 Success
11:17:40PM JAPAN 38504 38415 38246 38566 38920 39099 38621 Success

 

23/05/2024 FTSE Closed at 8339 points. Change of -0.37%. Total value traded through LSE was: £ 8,053,731,391 a change of 27.95%
22/05/2024 FTSE Closed at 8370 points. Change of -0.55%. Total value traded through LSE was: £ 6,294,493,963 a change of 14.87%
21/05/2024 FTSE Closed at 8416 points. Change of -0.09%. Total value traded through LSE was: £ 5,479,565,793 a change of 22.51%
20/05/2024 FTSE Closed at 8424 points. Change of 0.05%. Total value traded through LSE was: £ 4,472,630,359 a change of -22.38%
17/05/2024 FTSE Closed at 8420 points. Change of -0.21%. Total value traded through LSE was: £ 5,762,302,042 a change of 1.63%
16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%

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:AZN Astrazeneca** **LSE:HL. Hargreaves Lansdown** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **

********

Updated charts published on : AFC Energy, Astrazeneca, Hargreaves Lansdown, Ocado Plc, Rolls Royce,


LSE:AFC AFC Energy. Close Mid-Price: 22.6 Percentage Change: + 3.91% Day High: 23.25 Day Low: 21.85

Target met. In the event of AFC Energy enjoying further trades beyond 23. ……..

Subscribe for more

</p

View Previous AFC Energy & Big Picture ***


LSE:AZN Astrazeneca. Close Mid-Price: 12404 Percentage Change: + 0.36% Day High: 12450 Day Low: 12316

Continued trades against AZN with a mid-price ABOVE 12450 should improve ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***


LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1120 Percentage Change: + 14.40% Day High: 1151 Day Low: 1046

Target met. All Hargreaves Lansdown needs are mid-price trades ABOVE 1151 ……..

Subscribe for more

</p

View Previous Hargreaves Lansdown & Big Picture ***


LSE:OCDO Ocado Plc. Close Mid-Price: 352.1 Percentage Change: + 2.50% Day High: 356.7 Day Low: 332.9

Weakness on Ocado Plc below 332.9 will invariably lead to 329p with secon ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***


LSE:RR. Rolls Royce. Close Mid-Price: 440.4 Percentage Change: + 2.90% Day High: 446.7 Day Low: 420.1

Target met. Continued trades against RR. with a mid-price ABOVE 446.7 sho ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


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