Author: T&T Staff

#Gold #FTSE  When we previously reviewed Eurasia back in August 2021, we projected a drop target of just 10p, an ambition it achieved just a few months later at the start of 2022. Unfortunately, the initial drop to 10p substantially broke this drop target (circled) and despite a bounce thereafter, the share price slithered into the realms of incalculable, a zone where we could no longer work out any sane drop targets.

 

Despite a deluge of emails asking our opinion of what’s going on at present, about the best we can give is a deep intake of breath as price movements look like they reflect over-enthusiasm from internet chat rooms. Essentially, the ebb and flow of price changes has the usual 30 minute surge based on optimism in chatrooms, inevitably followed by reversals due to selling pressures. But unfortunately, the rises appear unable to adhere with the result, we suspect the share shall retreat back to the levels before any chatroom driver optimism.

Arithmetically, it needs below 2.25p at which point we expect it shall trigger reversal to 1.21p, a level below which we cannot calculate.

 

However, when we review price movements since its recent high, they don’t seem totally random and invariably have created a scenario where some recovery is hopeful. Above 3.8p presently looks capable of presenting a surge upward to an initial 5.1p, not the worst ambition. Our secondary, if 5.1p is exceeded, calculates at 7.4p and almost exactly matches the previous high. Unfortunately, this has the potential to create a chart picture where the doomsayers shall sagely pronounce “double top”, anticipating another price crash and creating a self fulfilling prophecy for chatroom consumption.

And at this point, there’s a reasonable chance they could be utterly wrong. Share price closure around the initial target level of 5.1p is liable to present a game changing potential for the longer term. Hopefully the company don’t start issuing further “We know no reason for recent price movements” RNS’s.

 

 

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:22:11PM	BRENT	8204.3
10:25:20PM	GOLD	2316.36	2287	2277	2263	2302	2320	2326	2339	2305	Shambles
10:27:59PM	FTSE	8143.4	8114	8038	7929	8159	8160	8173	8193	8133	Success
10:31:03PM	STOX50	4969									Success
10:39:56PM	GERMANY	18381.5									‘cess
10:42:24PM	US500	5376
10:46:19PM	DOW	38723									‘cess
10:51:21PM	NASDAQ	19214									‘cess
10:54:59PM	JAPAN	38922									Shambles

 

11/06/2024 FTSE Closed at 8147 points. Change of -0.98%. Total value traded through LSE was: £ 7,940,759,501 a change of 69.47%

10/06/2024 FTSE Closed at 8228 points. Change of -0.21%. Total value traded through LSE was: £ 4,685,518,096 a change of -0.6%

7/06/2024 FTSE Closed at 8245 points. Change of -0.48%. Total value traded through LSE was: £ 4,713,927,581 a change of 0.32%

6/06/2024 FTSE Closed at 8285 points. Change of 0.47%. Total value traded through LSE was: £ 4,698,915,634 a change of -17.77%

5/06/2024 FTSE Closed at 8246 points. Change of 0.17%. Total value traded through LSE was: £ 5,714,375,018 a change of -25.64%

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%

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

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

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

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

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

---

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IPF International Personal Finance** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Avacta, Astrazeneca, Genel, Gulf Keystone, International Personal Finance, Oxford Instruments, Rolls Royce,

---

LSE:AVCT Avacta. Close Mid-Price: 40.75 Percentage Change: + 0.62% Day High: 41 Day Low: 40.25

If Avacta experiences continued weakness below 40.25, it will invariably l ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***

---

LSE:AZN Astrazeneca Close Mid-Price: 12376 Percentage Change: -1.78% Day High: 12682 Day Low: 12342

Continued trades against AZN with a mid-price ABOVE 12682 should improve ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

---

LSE:GENL Genel. Close Mid-Price: 101.6 Percentage Change: + 1.60% Day High: 101.8 Day Low: 97.4

Further movement against Genel ABOVE 101.8 should improve acceleration to ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

---

LSE:GKP Gulf Keystone Close Mid-Price: 141.9 Percentage Change: -3.14% Day High: 148 Day Low: 142

In the event of Gulf Keystone enjoying further trades beyond 148, the sha ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

---

LSE:IPF International Personal Finance. Close Mid-Price: 126 Percentage Change: + 3.28% Day High: 128 Day Low: 125.5

All International Personal Finance needs are mid-price trades ABOVE 128 t ……..

Subscribe for more

</p

View Previous International Personal Finance & Big Picture ***

---

LSE:OPG OPG Power Ventures Close Mid-Price: 10.25 Percentage Change: -2.38% Day High: 10.6 Day Low: 10.25

This is getting dodgy as below 10.2 now suggests coming weakness to 9.4 wi ……..

Subscribe for more

</p

View Previous OPG Power Ventures & Big Picture ***

---

LSE:OXIG Oxford Instruments. Close Mid-Price: 2635 Percentage Change: + 7.11% Day High: 2765 Day Low: 2495

Target met. In the event of Oxford Instruments enjoying further trades be ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***

---

LSE:RR. Rolls Royce. Close Mid-Price: 465 Percentage Change: + 0.00% Day High: 470.1 Day Low: 459.3

All Rolls Royce needs are mid-price trades ABOVE 470.1 to improve acceler ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

---

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

.#DJI #Nasdaq  A UK company with a substantial pedigree, FTSE 250 member Breedon are starting to show early signs of some share price recovery. It’s unlikely any enthusiasm is coming from Scotland, however, with the company’s 37% ownership of Bear, the company who fail to maintain Scotlands roads on behalf of the Government. Locally, it’s quite a big deal, the A83 being a primary trunk road yet the most useful thing the company has done is emplace a massive LED sign to advise locals if the road is open or not. This discrete sign, complete with maintained generator, has been disappointing folk for 5 years as we already know heavy rain is followed by a landslide.

This lack of road maintenance also makes itself known in other ways by causing MOT failures. Modern diesel vehicles employ a device called a Particulate Filter, a gizmo designed to be self cleaning when an engine is run at higher speeds for 30 minutes or more. Argyll, the largest region of the UK, is noteworthy due to its utter lack of motorways. The “A” class road which Bear Scotland fail to maintain used to provide a route for a high speed run, a facility which is no longer available. And as a result, folks cars are failing MOT’s, due to Particulate Filter warning lights. The immediate fix is to remove the bulbs from the dashboard or cover the indicator with a bit of plastic but it’s still a real nuisance, affecting vehicle performance and fuel consumption. Our own household, with 2 Toyota 4WD’s, has a fix and we tried it today. Both cars are due MOT tests, so we took both across to the mainland and dropped one off at an MOT testing station in Edinburgh, following a fairly high speed drive across the central belts motorway. Though the dashboard light for a DPF fault was still on, scissors and a small square of black Duct tape cured the issue. The other 4WD is being left, when we return to collect the original vehicle.

There’s no doubt this Diesel Particulate Filter scheme is a spectacular failure by governments, keen to pretend they’ve worked with manufacturers to “do something”. All the poisonous gunk in the filter is burnt out in a hot orgy, once the vehicle runs at over 60mph for 30 minutes. The concept is frustrating MOT stations, motor mechanics, and car owners who face an automatic MOT fail if a warning light is visible on their dashboard. And in our own region – Argyll – Breedon Group (owners of the company who don’t maintain roads) conspire to ensure the only high speed route is generally unavailable. Did we mention it rains in Argyll? Always has, always will, and someone has even built the framework for The Ark at the top of a local hill.

 

And thus, it saddens us to suggest something positive may be happening with Breedon’s share price!

It’s currently trading around 100p below the pre-pandemic figure of 5 quid and playing footsie with a downtrend since 2021. There are signs it wants to enter a price recovery phase but we’re inclined to suggest waiting to see if the share price manages above 409p as things should happen. Movement such as this should hopefully trigger a gain cycle to an initial 495p with our secondary, if beaten, a longer term 559p and almost certain hesitation. But it’s funny, we never appreciated we could dislike a company, simply due to a big LED sign reading “Rest & Be Thankful Closed”.

Perhaps the landscape has become worn out, due to the number of tourists taking photographs of the world famous incredibly spectacular scenes. We note, without comment, Breedon Group also own a majority stake in a company tasked with providing Traffic Management Services. So they even make money out of the signs which advertise their subsidiary isn’t doing its job… But to be fair, Breedon Group appear active in the rest of the UK, often with considerable success. Plus, what’s not to like with a company whose trading epic is named after our favourite cheese, Brie.

 

 

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
12:57:12AM	DOW	38825.2	38662	38571	38390	38760	38866	38890	38966	38817
1:01:34AM	BRENT	8190.2									‘cess
1:06:42AM	GOLD	2309.48
1:09:47AM	FTSE	8236.3									‘cess
1:13:53AM	STOX50	5017.9									Success
1:16:40AM	GERMANY	18495									‘cess
1:23:42AM	US500	5356.2
1:27:12AM	NASDAQ	19050.8	18942	18892	18824	19013	19096	19123	19228	18942
1:30:15AM	JAPAN	39299

 

10/06/2024 FTSE Closed at 8228 points. Change of -0.21%. Total value traded through LSE was: £ 4,685,518,096 a change of -0.6%

7/06/2024 FTSE Closed at 8245 points. Change of -0.48%. Total value traded through LSE was: £ 4,713,927,581 a change of 0.32%

6/06/2024 FTSE Closed at 8285 points. Change of 0.47%. Total value traded through LSE was: £ 4,698,915,634 a change of -17.77%

5/06/2024 FTSE Closed at 8246 points. Change of 0.17%. Total value traded through LSE was: £ 5,714,375,018 a change of -25.64%

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%

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

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

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

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

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

---

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:CAR Carclo** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IPF International Personal Finance** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:RKH Rockhopper** **LSE:SPT Spirent Comms** **

********

Updated charts published on : Avacta, Carclo, Empyrean, Genel, Gulf Keystone, International Personal Finance, Ocado Plc, Primary Health, Rockhopper, Spirent Comms,

---

LSE:AVCT Avacta Close Mid-Price: 40.5 Percentage Change: -1.22% Day High: 41.5 Day Low: 40.25

Target met. If Avacta experiences continued weakness below 40.25, it will ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***

---

LSE:CAR Carclo. Close Mid-Price: 18.25 Percentage Change: + 3.99% Day High: 19 Day Low: 18.1

Continued trades against CAR with a mid-price ABOVE 19 should improve the ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

---

LSE:EME Empyrean Close Mid-Price: 0.24 Percentage Change: -12.50% Day High: 0.26 Day Low: 0.24

Target met. If Empyrean experiences continued weakness below 0.24, it wil ……..

Subscribe for more

</p

View Previous Empyrean & Big Picture ***

---

LSE:GENL Genel. Close Mid-Price: 100 Percentage Change: + 6.16% Day High: 100.6 Day Low: 94.6

In the event of Genel enjoying further trades beyond 100.6, the share sho ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

---

LSE:GKP Gulf Keystone. Close Mid-Price: 146.5 Percentage Change: + 6.16% Day High: 146.5 Day Low: 138.6

Target met. Continued trades against GKP with a mid-price ABOVE 146.5 sho ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

---

LSE:IPF International Personal Finance. Close Mid-Price: 122 Percentage Change: + 3.39% Day High: 127 Day Low: 122

Target met. Further movement against International Personal Finance ABOVE ……..

Subscribe for more

</p

View Previous International Personal Finance & Big Picture ***

---

LSE:OCDO Ocado Plc Close Mid-Price: 355.4 Percentage Change: -1.90% Day High: 363.3 Day Low: 352.3

Ocado is getting a little dangerous now as it appears below 332 shall next ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

---

LSE:PHP Primary Health Close Mid-Price: 91 Percentage Change: -0.44% Day High: 92.3 Day Low: 90.55

Weakness on Primary Health below 90.55 will invariably lead to 89.5p with ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

---

LSE:RKH Rockhopper. Close Mid-Price: 14.4 Percentage Change: + 2.86% Day High: 14.7 Day Low: 13.9

Target met. In the event of Rockhopper enjoying further trades beyond 14. ……..

Subscribe for more

</p

View Previous Rockhopper & Big Picture ***

---

LSE:SPT Spirent Comms. Close Mid-Price: 184.2 Percentage Change: + 0.11% Day High: 184.4 Day Low: 183.6

Further movement against Spirent Comms ABOVE 201.6 should improve accelera ……..

Subscribe for more

</p

View Previous Spirent Comms & Big Picture ***

---

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

#FTSE #GOLD Our local petrol station doesn’t muck around when it comes to fuel prices. With Brent spending this week below the 80 dollar level, we shouldn’t have been surprised to see Cothouse Services here in Argyll flogging diesel for just £1.38/litre and £1.32 for Petrol. But while across on the mainland today, Tesco were trying to convince me to pay £1.49/litre for the same stuff. It used to be the case fuel in the Islands and Highlands was always sold at eye-watering prices, the blame given to our remoteness. Nowadays, the tables have turned, the local saving paying for the rip-off ferry fares!

Maybe it shall be the case lower fuel costs will make folk feel better about the markets, perhaps exerting some sort of influence on the FTSE which, similar to other markets currently, probably would identify as Magnolia if it was a colour. But we central banks starting to introduce sanity with interest rates, hopefully this shall also been seen as an upward driver for the market in the week ahead. The grudging admissions Government interest rate policy has actually been causing untold damage to economies is amusing but then again, it’s an election year.

Currently for the FTSE, above 8311 should ideally be quite useful, calculating with the potential of a lift to an initial 8340 points. In the event such a level gets bettered, we can present an amazing 8405 points as our secondary ambition. This secondary is quite a big deal as market closure around such a point shall make a future journey toward 8537 points very possible.

If triggered, our tightest stop is fairly wide at 8261 points.

 

Our alternate scenario speculates on what happens, if 8244 points breaks. Such a game plan threatens reversal to 8206 points with secondary, if broken, at 8166 points. Visually, there are already fairly strong suggests of some sort of bounce, if either ambition comes to fruition on any initial drop.

 

Have a good weekend and enjoy the hopefully wet Canadian Grand Prix.

 

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:45:36PM	BRENT	8001	7832	7769		7910	8012	8063		7965	Success
10:50:38PM	GOLD	2375.69	2354	2348		2367	2380	2384		2369	‘cess
10:53:15PM	FTSE	8286.9	8244	8236		8277	8296	8318		8276
10:56:26PM	STOX50	5068.1	5020	5001		5065	5085	5107		5050	‘cess
10:59:01PM	GERMANY	18627.4	18600	18544		18672	18788	18834		18686	‘cess
11:03:17PM	US500	5352.7	5296	5282		5326	5359	5369		5333
11:10:18PM	DOW	38912.6	38731	38639		38900	39013	39201		38809	‘cess
11:17:48PM	NASDAQ	19026.9	18978	18942		19040	19080	19120		18979
1:00:53AM	JAPAN	38585	38544	38376		38733	38858	38953		38701

 

6/06/2024 FTSE Closed at 8285 points. Change of 0.47%. Total value traded through LSE was: £ 4,698,915,634 a change of -17.77%

5/06/2024 FTSE Closed at 8246 points. Change of 0.17%. Total value traded through LSE was: £ 5,714,375,018 a change of -25.64%

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 -100%. Total value traded through LSE was: £ 6,078,579,262 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:AML Aston Martin** **LSE:AZN Astrazeneca** **LSE:BME B & M** **LSE:CAR Carclo** **LSE:PHP Primary Health** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TERN Tern Plc** **

********

Updated charts published on : Aston Martin, Astrazeneca, B & M, Carclo, Primary Health, Scottish Mortgage Investment Trust, Tern Plc,

---

LSE:AML Aston Martin. Close Mid-Price: 162.9 Percentage Change: + 3.76% Day High: 167.9 Day Low: 156.2

Further movement against Aston Martin ABOVE 167.9 should improve accelera ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

---

LSE:AZN Astrazeneca. Close Mid-Price: 12590 Percentage Change: + 0.59% Day High: 12632 Day Low: 12512

All Astrazeneca needs are mid-price trades ABOVE 12632 to improve acceler ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

---

LSE:BME B & M Close Mid-Price: 495.6 Percentage Change: -2.17% Day High: 505 Day Low: 492

Target met. In the event B & M experiences weakness below 492 it calculat ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***

---

LSE:CAR Carclo. Close Mid-Price: 16 Percentage Change: + 8.47% Day High: 17 Day Low: 16

Target met. In the event of Carclo enjoying further trades beyond 17, the ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

---

LSE:PHP Primary Health Close Mid-Price: 93.4 Percentage Change: -1.06% Day High: 94.85 Day Low: 92.8

Continued weakness against PHP taking the price below 92.8 calculates as ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

---

LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 904.2 Percentage Change: + 0.42% Day High: 905.8 Day Low: 891

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

Subscribe for more

</p

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

---

LSE:TERN Tern Plc. Close Mid-Price: 2.45 Percentage Change: + 0.00% Day High: 2.45 Day Low: 2.3

If Tern Plc experiences continued weakness below 2.3, it will invariably ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***

---

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

#Gold #WallSt  Still believing Nuclear Energy remains the only “green” solution for the longer term, it occurred there’s a delicious irony about my personal support for the nuclear industry. Here in Argyll, we’ve the secret nuclear submarine base, just beside the secret nuclear weapons store for Europe at the spectacular Glen Douglas hollow mountain. It’s truly worth a drive through the discrete Glen, if only to be amazed at the security which is, to be fair, unobtrusive. But it’s probable the invisible guards will know every tourists information in detail, along with their internet browser history, long before they gawk at the massive doors on the hillside and very little else. Aside from being visually pretty, there’s nothing about Glen Douglas which should attract tourists. But as the crow flies, it’s only around 10 miles from my house.

Of course, there’s a lot more to Nuclear than big fireworks and the Rolls Royce campaign for modular power stations continues to reap positive attention from the media.

The irony I refer to is a bit rubbish. I’ve a “non-fatal if treated” incurable Leukaemia, a cancer often related to nuclear exposure but aside from a bunch of x-rays following a skiing accident in France, I don’t think I’ve ever been more exposed than watching submarines being tested at the local secret base. Returning from France, I handed the folder of x-rays to our local A&E, the folks horrified at the number of pictures which had been taken. Apparently, the French had been quite “shutter happy” when taking x-ray snapshots of my ribcage and lung. The edge of a ski had made it between a couple of ribs and given the lung a good talking to. In terms of discomfort, this proved to be quite a baddy, so hospital staff gave me big morphine pills to make the journey back to the UK tolerable. When the staff at A&E realised I’d taken just 2 and had 10 left, they were immediately confiscated, a real pity as the drug had made the journey back to the UK quite tolerable, though I maybe shouldn’t have washed them down with whisky. The moral of the story, even though I’d apparently been exposed to more radiation than the UK permits, French doctors almost made it like party time. My liking for things nuclear remained.

 

The company Yellow Cake Plc provide investors with direct exposure to the Uranium market, rather than the product itself. The share price is a reflection of this and when we reviewed ’em nearly a year ago, the price indeed increased and achieved both our target levels. It’s now time to revisit the tea leaves and try and figure out what’s coming next. Our secondary target had been 655p, a number the company exceeded and also one which the share price has been fluttering above and below since meeting our secondary target level.

This sort of behaviour is generally quite positive as it carries an implicit suggestion further movement is possible. In the case of Yellow Cake Plc, above 719p looks like the next trigger level, one which should prove capable of launching the share price to an initial 832p. Our longer term secondary is now at 893p, a price level where we shall once again expect some turbulence in the future.

Obviously, we need give a converse argument, just in case this overdose of positive bias has coloured our interpretation of the numbers. Share price closure below 600p looks a touch dangerous, perhaps proving able to force reversal to 478p and hopefully, given the Red uptrend since 2020, a bounce. Our secondary, should such a drop target break, calculates down at 407p and visually, considerable hope for a price rebound as historically, it appears the 400p level had some sort of meaning for the Uranium price for a few years.

It’s a bit of a quirky one but, we suspect worth keeping an eye on, while speculating if the company staff start every week with the ‘Village People YMCA’ dance…

 

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:47:52PM	BRENT	7859.1
10:50:59PM	GOLD	2355.01	2328	2322	2313	2342	2358	2366	2383	2350	Success
10:55:26PM	FTSE	8260.3
10:59:20PM	STOX50	5053.8									Success
11:09:59PM	GERMANY	18633.3									‘cess
11:14:23PM	US500	5354.5									Success
11:18:24PM	DOW	38790	38551	38538	38434	38731	38850	38927	39155	38700	Success
11:25:56PM	NASDAQ	19034.6
11:29:20PM	JAPAN	39014									Success

 

5/06/2024 FTSE Closed at 8246 points. Change of 0.17%. Total value traded through LSE was: £ 5,714,375,018 a change of -25.64%

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 -100%. Total value traded through LSE was: £ 5,641,394,856 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:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BDEV Barrett Devs** **LSE:BME B & M** **LSE:CASP Caspian** **LSE:NG. National Glib** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Avacta, Astrazeneca, Barrett Devs, B & M, Caspian, National Glib, Primary Health, Parkmead, Taylor Wimpey,

---

LSE:AVCT Avacta Close Mid-Price: 41 Percentage Change: -3.30% Day High: 41.5 Day Low: 40.5

Weakness on Avacta below 40.5 will invariably lead to 40p with secondary ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***

---

LSE:AZN Astrazeneca. Close Mid-Price: 12516 Percentage Change: + 0.90% Day High: 12586 Day Low: 12444

Target met. In the event of Astrazeneca enjoying further trades beyond 12 ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

---

LSE:BDEV Barrett Devs. Close Mid-Price: 508 Percentage Change: + 0.24% Day High: 514.4 Day Low: 503

This is terrible, a constant series of pretend movements while achieving n ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

---

LSE:BME B & M Close Mid-Price: 506.6 Percentage Change: -7.28% Day High: 542 Day Low: 505.4

As yet another share trapped in the realms of sleep, B&M need only slip be ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***

---

LSE:CASP Caspian Close Mid-Price: 3.2 Percentage Change: -4.48% Day High: 3.35 Day Low: 3.15

Below 3.14 now threatens reversal to an initial 2.9 with secondary, if bro ……..

Subscribe for more

</p

View Previous Caspian & Big Picture ***

---

LSE:NG. National Glib Close Mid-Price: 901.6 Percentage Change: -1.12% Day High: 915 Day Low: 898.8

Further movement against National Glib ABOVE 915 should improve accelerat ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

---

LSE:PHP Primary Health. Close Mid-Price: 94.4 Percentage Change: + 0.43% Day High: 94.85 Day Low: 93.05

Above 97 should now prove capable of a lift to an initial 104 with seconda ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

---

LSE:PMG Parkmead. Close Mid-Price: 14.75 Percentage Change: + 1.72% Day High: 15.25 Day Low: 14.5

In the event of Parkmead enjoying further trades beyond 15.25, the share ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

---

LSE:TW. Taylor Wimpey. Close Mid-Price: 151.3 Percentage Change: + 1.00% Day High: 153 Day Low: 149.9

Target met. Continued trades against TW. with a mid-price ABOVE 153 shoul ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***

---

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

#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.

#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

#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