Author: T&T Staff

#FTSE #F1 The eternal Groundhog Day in which the UK stock market is trapped continues to frustrate everyone. Across the pond, the US markets are taking turns in painting “New, All Time Highs” whereas here, the only thing worth painting appears to be frustrated lines on charts. The current hiatus isn’t fascinating, just a bit weird, as the UK now appears to be battling with the pre-pandemic high of 2020. Quite why this should be the case defeats us but once again, with the market closing Thursday at 7692 points, we’re in the sacred zone below 7700 points where nothing ever happens.

We’ve a saying in-house; “If it ain’t going up, it’s going down!” but the FTSE isn’t even showing any early warning signs for imminent trouble. It’s just not going up, almost aggressively so, as if some mysterious foot keeps tramping on the brake pedal like a motorist in a 20mph zone with a police car immediately behind. Personally, I’ve an abiding memory of the day I pulled over a police car for such behaviour and am still amazed I’d the gall to do it. I’d literally just collected a new BMW K1200 motorcycle and was riding home, employing supreme caution. Heading through the suburbs, the roads were mercifully quiet but this didn’t stop a police patrol car from tucking in behind me. Driving uphill, a set of traffic lights turned red and I came to a somewhat dodgy standstill, thanks to being a little challenged in leg length. Essentially, I nearly fell over and just knew the two cops were now deciding whether to pull me over for a chat. The lights turned green, I moved head and indicated left, waving at the police car. They dutifully pulled in front of me, so I put the bike on the stand and walked over to the passenger window.

“Any chance of you guys passing ahead? I just picked this up and feel like I’m learning to ride again. Keeping an eye on you at the same time is making me really nervous!”

The laughter proved I’d done the right thing. But yes, the FTSE certainly feels like someone is being a bit over-attentive on the brakes.

 

The immediate situation for the FTSE allegedly suggests above 7712 points should bring movement to an initial 7734 with our secondary, if bettered, at 7766 points. We tossed in the word “allegedly as there’s nothing in recent market movement which justified any real confidence. Who knows, maybe the markets are not moving, due to a self fulfilling lack of confidence! If triggered, the tightest stop for this scenario looks like a fairly reasonable 7670 points.

Our alternate scenario, if the brakes are once again applied, allows below 7670 to threaten a visit to 7638 with our “longer term” secondary calculating at 7588 points.

Have a good weekend. Hopefully the Saudi Grand Prix on Saturday doesn’t provide yet another excuse for a good nap. Currently, with the outbreak of nonsense politics within Formula1, it’s as if they’ve decided creating controversy will keep them in the headlines, despite people choosing to avoid watching the (lack of) racing.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:17:12PM	BRENT	8281	8151	8030		8290	8420	8598		8175
10:19:30PM	GOLD	2159.56	2143	2139		2153	2166	2172		2155	‘cess
10:32:15PM	FTSE	7686	7638	7616		7665	7713	7737		7673	Shambles
10:42:30PM	STOX50	4974.9	4952	4942		4984	4992	4999		4977	Success
10:45:44PM	GERMANY	17867	17703	17628		17744	17880	17921		17847	Success
10:58:24PM	US500	5152	5082	5048		5118	5166	5189		5136	‘cess
11:02:03PM	DOW	38794.5	38526	38389		37802	38914	38979		38728	‘cess
11:05:17PM	NASDAQ	18239	17896	17724		18032	18338	18369		18138	‘cess
11:07:52PM	JAPAN	39756	39139	38713		39497	39893	40214		39519	Success

 

7/03/2024 FTSE Closed at 7692 points. Change of 0.17%. Total value traded through LSE was: £ 8,077,896,758 a change of 24.94%

6/03/2024 FTSE Closed at 7679 points. Change of 0.43%. Total value traded through LSE was: £ 6,465,210,839 a change of 16.73%

5/03/2024 FTSE Closed at 7646 points. Change of 0.08%. Total value traded through LSE was: £ 5,538,797,167 a change of -5.01%

4/03/2024 FTSE Closed at 7640 points. Change of -0.55%. Total value traded through LSE was: £ 5,830,824,809 a change of -4.21%

1/03/2024 FTSE Closed at 7682 points. Change of 0.68%. Total value traded through LSE was: £ 6,087,264,861 a change of -41.68%

29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

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…

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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:AV. Aviva** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:OCDO Ocado Plc** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

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Updated charts published on : Aston Martin, Aviva, Centamin, Darktrace Plc, Intertek, Lloyds Grp., Ocado Plc, Quadrise, Rolls Royce, Spirax,

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LSE:AML Aston Martin Close Mid-Price: 157.9 Percentage Change: -0.94% Day High: 161.4 Day Low: 154.7

Continued weakness against AML taking the price below 154.7 calculates as ……..

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LSE:AV. Aviva. Close Mid-Price: 462.2 Percentage Change: + 1.60% Day High: 483 Day Low: 460.3

Target met. Further movement against Aviva ABOVE 483 should improve accel ……..

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LSE:CEY Centamin Close Mid-Price: 103.1 Percentage Change: -0.39% Day High: 104.9 Day Low: 101.4

In the event of Centamin enjoying further trades beyond 104.9, the share ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 373.7 Percentage Change: + 6.16% Day High: 417 Day Low: 365.5

Target met. All Darktrace Plc needs are mid-price trades ABOVE 417 to imp ……..

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LSE:ITRK Intertek. Close Mid-Price: 4960 Percentage Change: + 0.02% Day High: 4992 Day Low: 4930

All Intertek needs are mid-price trades ABOVE 4992 to improve acceleratio ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48.6 Percentage Change: + 0.42% Day High: 49.03 Day Low: 48.27

Further movement against Lloyds Grp. ABOVE 49.03 should improve accelerat ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 458.3 Percentage Change: + 4.66% Day High: 471.7 Day Low: 430.8

Weakness on Ocado Plc below 430.8 will invariably lead to 402p with secon ……..

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LSE:QED Quadrise Close Mid-Price: 1.68 Percentage Change: -1.76% Day High: 1.75 Day Low: 1.65

Target met. Weakness on Quadrise below 1.65 will invariably lead to 1.35p ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 390 Percentage Change: + 2.90% Day High: 389 Day Low: 378.8

Target met. Further movement against Rolls Royce ABOVE 389 should improve ……..

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LSE:SPX Spirax. Close Mid-Price: 10660 Percentage Change: + 3.80% Day High: 11280 Day Low: 10575

Target met. Further movement against Spirax ABOVE 11280 should improve ac ……..

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

#Stoxx50 #SP500 Unfortunately, it’s time to once again give a lesson about charts. And with this one, we’ve considerable difficulty in comprehending the logic behind it! The story kicks off with our previous review against Brent in November last year, where we provided a scenario for a drop to 72.36 dollars. This feat was successfully accomplished on December 13th, yet the rest of the dire warnings we’d provided are increasingly difficult to justify.

 

The problem, obviously, is twofold so we’ll give three arguments….

Firstly, Brent DID NOT break below our drop target. Secondly, the value of Brent managed to bounce above the level of trend break on the Red line, roughly 79 dollars. And Third is the stinker, the price of Brent Crude is carefully walking up the Red trend line.

Quite why this Third type of behaviour occurs is beyond us; we’re unable to imagine any trading mindset which would potentially promote such movement. But it is happening and also provides what can be quite a useful trading signal, due to us no longer being confident the value of the black stuff is still trading in a zone where a future $57 should provide a logical bottom. Quite the converse is the usual outcome with this series of dance steps as after all, the only sensible conclusion we should draw being that our original uptrend was wrong.

However, there’s often a grand gesture made when a price starts “walking up” a prior trend, a big thank you to those traders jealously defending short positions as they’ve been expecting a tumble for the last three months since the original trend break. Quite when it shall occur is obviously open to the ‘slings and arrows of outrageous fortune’ and in this instance, the reference from Hamlet to weapons of war is probably apt, given the state of world conflicts. It’s almost like the oil market is just waiting for the right excuse.

Currently trading around 82.69 US dollars, above 84.25 dollars looks capable of triggering price movement to an initial $88 with our secondary, if bettered, a perfectly sane looking $93.20. The “problem”, is such movements start to occur comes with the price of Brent moving into a cycle where we can easily imagine a third level target of $111. The funny thing, if this sort of thing takes place, it becomes possible the “Party Central” reputation of Downing St shall be eclipsed by a UK Prime Minister and Chancellor dancing in the street, due to surprise enhanced VAT revenues.

 

For now, we’ve no confidence remaining in the Red uptrend and suspect Brent now needs drip below $75 to provoke trouble in the fashion of reversal to an initial $71 with secondary, if broken, at $69.3 and a probable bounce.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:07:56PM	BRENT	8261.4
9:12:51PM	GOLD	2145.79									‘cess
9:22:00PM	FTSE	7676									Success
9:24:33PM	STOX50	4918	4883	4868	4847	4907	4931	4940	4950	4908	Success
10:01:17PM	GERMANY	17717.6
10:04:36PM	US500	5106.7	5076	5060	5038	5100	5129	5148	5179	5092	Success
10:07:01PM	DOW	38672
10:18:19PM	NASDAQ	18016									Success
10:21:21PM	JAPAN	40369									Success

 

6/03/2024 FTSE Closed at 7679 points. Change of 0.43%. Total value traded through LSE was: £ 6,465,210,839 a change of 16.73%

5/03/2024 FTSE Closed at 7646 points. Change of 0.08%. Total value traded through LSE was: £ 5,538,797,167 a change of -5.01%

4/03/2024 FTSE Closed at 7640 points. Change of -0.55%. Total value traded through LSE was: £ 5,830,824,809 a change of -4.21%

1/03/2024 FTSE Closed at 7682 points. Change of 0.68%. Total value traded through LSE was: £ 6,087,264,861 a change of -41.68%

29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

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…

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:CCL Carnival** **LSE:GRG Greggs** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:QED Quadrise** **

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Updated charts published on : Aviva, Barclays, Carnival, Greggs, Lloyds Grp., Natwest, Ocado Plc, Quadrise,

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LSE:AV. Aviva. Close Mid-Price: 454.9 Percentage Change: + 0.82% Day High: 456.4 Day Low: 446.7

Continued trades against AV. with a mid-price ABOVE 456.4 should improve ……..

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LSE:BARC Barclays. Close Mid-Price: 170.92 Percentage Change: + 0.86% Day High: 173 Day Low: 169

Continued trades against BARC with a mid-price ABOVE 173 should improve t ……..

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LSE:CCL Carnival. Close Mid-Price: 1136 Percentage Change: + 1.25% Day High: 1159 Day Low: 1116

Further movement against Carnival ABOVE 1159 should improve acceleration ……..

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LSE:GRG Greggs. Close Mid-Price: 2850 Percentage Change: + 2.74% Day High: 2884 Day Low: 2794

All Greggs needs are mid-price trades ABOVE 2884 to improve acceleration ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48.4 Percentage Change: + 1.26% Day High: 48.58 Day Low: 47.92

Target met. Continued trades against LLOY with a mid-price ABOVE 48.58 sh ……..

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LSE:NWG Natwest. Close Mid-Price: 252.4 Percentage Change: + 1.04% Day High: 255.3 Day Low: 249.9

Target met. In the event of Natwest enjoying further trades beyond 256, t ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 437.9 Percentage Change: -1.44% Day High: 455.1 Day Low: 431.7

If Ocado Plc experiences continued weakness below 431.7, it will invariab ……..

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LSE:QED Quadrise Close Mid-Price: 1.71 Percentage Change: -6.44% Day High: 1.85 Day Low: 1.7

Continued weakness against QED taking the price below 1.7 calculates as l ……..

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

#FTSE #Nasdaq Our analysis last October, when Currys were trading around 47p requires an update.  The company, currently facing a bidding war for its shares, is one we suspect are bucking the trend for buying everything on-line. From a personal standpoint, this is a bit of a surprise, as we’re guilty of visiting white goods stores such as this to make a decision, then returning home to order whatever we’re looking for online. Maybe we’re not representative of the trend as the interest in Currys appears to be coming from the USA and China, two countries obviously keen to remove profits from the UK regardless of our own buying habits.

 

 

Everything is looking just a little complex. While we had obviously suspected the share price faced being gapped up again, the level of movement came as something of a surprise and we suspect the games are not yet complete. Further price nudges now above 69.5p calculate as capable of a lift to 75.2p next with our secondary, if bettered, at 87p. In this instance, we can happily provide a third level target should 87p be exceeded as a longer term visit to 102p makes a lot of sense, both visually and arithmetically.

For everything to go wrong, below 44p is required to suggest an investment in running shoes as this is liable to provoke reversal to an initial 38p with secondary, if broken, at an ultimate bottom of 24p.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:37:39PM	BRENT	8181.6
8:42:48PM	GOLD	2128.94
8:46:05PM	FTSE	7629.8	7598	7567	7523	7646	7658	7676	7702	7630	‘cess
9:39:00PM	STOX50	4870.3									Success
9:44:21PM	GERMANY	17677									‘cess
9:46:48PM	US500	5082.1									Success
10:01:31PM	DOW	38600.5									Success
10:04:17PM	NASDAQ	17951.4	17804	17729	17525	17950	17960	18016	18088	17880	Success
10:07:03PM	JAPAN	39855									‘cess

 

5/03/2024 FTSE Closed at 7646 points. Change of 0.08%. Total value traded through LSE was: £ 5,538,797,167 a change of -5.01%

4/03/2024 FTSE Closed at 7640 points. Change of -0.55%. Total value traded through LSE was: £ 5,830,824,809 a change of -4.21%

1/03/2024 FTSE Closed at 7682 points. Change of 0.68%. Total value traded through LSE was: £ 6,087,264,861 a change of -41.68%

29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

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…

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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:GRG Greggs** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:RKH Rockhopper** **LSE:SDY Speedyhire** **LSE:SPT Spirent Comms** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TSCO Tesco** **

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Updated charts published on : Aston Martin, Greggs, Intertek, Natwest, Rockhopper, Speedyhire, Spirent Comms, Standard Chartered, Tern Plc, Tesco,

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LSE:AML Aston Martin Close Mid-Price: 155 Percentage Change: -6.06% Day High: 163.8 Day Low: 156.6

Target met. Weakness on Aston Martin below 156.6 will invariably lead to ……..

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LSE:GRG Greggs. Close Mid-Price: 2774 Percentage Change: + 2.14% Day High: 2868 Day Low: 2704

Target met. In the event of Greggs enjoying further trades beyond 2868, t ……..

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LSE:ITRK Intertek. Close Mid-Price: 4905 Percentage Change: + 6.15% Day High: 4972 Day Low: 4746

Target met. In the event of Intertek enjoying further trades beyond 4972, ……..

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LSE:NWG Natwest. Close Mid-Price: 249.8 Percentage Change: + 0.60% Day High: 251.1 Day Low: 245.7

Further movement against Natwest ABOVE 251.1 should improve acceleration ……..

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LSE:RKH Rockhopper. Close Mid-Price: 13.35 Percentage Change: + 1.52% Day High: 14 Day Low: 13.05

In the event of Rockhopper enjoying further trades beyond 14, the share s ……..

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LSE:SDY Speedyhire Close Mid-Price: 25.9 Percentage Change: -2.26% Day High: 26.5 Day Low: 25.7

If Speedyhire experiences continued weakness below 25.7, it will invariab ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 177 Percentage Change: + 63.28% Day High: 177 Day Low: 170.2

Target met. Further movement against Spirent Comms ABOVE 177 should impro ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 687.8 Percentage Change: + 0.79% Day High: 714.8 Day Low: 670.2

In the event of Standard Chartered enjoying further trades beyond 714.8, ……..

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LSE:TERN Tern Plc Close Mid-Price: 1.85 Percentage Change: -2.63% Day High: 1.9 Day Low: 1.65

If Tern Plc experiences continued weakness below 1.65, it will invariably ……..

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LSE:TSCO Tesco. Close Mid-Price: 276.3 Percentage Change: + 0.14% Day High: 276.2 Day Low: 272.8

Continued weakness against TSCO taking the price below 272.8 calculates a ……..

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

#Gold #WallSt With the worst time of the year getting underway here in Argyll, the start of March is deemed as the time to start servicing garden machinery. Our chainsaws, strimmer, motor mower, and the little tractor will all have developed mystery faults, due to inactivity for 4 months. But a new tool revolutionised the start of the week, something everyone else knows about but I’ve never used.

This secret weapon is called “Braces”, a device known for holding trousers up!

The issue with servicing machinery comes from wearing a style of trousers known as “Cargo” pants. Spoiling the wearer with a plentiful supply of pockets, they’ve always been an issue with a proclivity to fall down due to the weight of things being carted around. Obviously, a mobile phone and cordless headset, a Gerber multitool, Mole grips, and a few long screwdrivers which double as emergency levers. And a multi-meter along with a bunch of copper wire. This is all because I’m lazy and detest taking multiple tool boxes from shed to shed, especially as if it rains, one inevitably is left outside. After a day tinkering around, not a single engine has been started yet, but oils and filters have all been changed where required.

 

What has this to do with Plus500?

 

They appear to be the “Cargo pants” of trading, offering something for everyone from everywhere. Their share is listed on the main London Stock Exchange, their Head Office is listed as being in Haifa, and their office address is given as being in the Seychelles. Obviously a company who prefer the sunny side of life but, all joking aside, their website proved quite refreshing with a glance at their Demo Account facility offering decent charts along with what will be a bewildering range of trading options for those new to the game.

We’re reviewing their share price due to a couple of folk dropping us emails recently, asking our thoughts for the future as they’re being recommended by some folk as a Strong Buy allegedly.

Some doubts exist about such a sentiment. Obviously the share price could go up but from behaviour this year, we’re a bit cautious, suspecting the price intends some fairly slight reversals. Trading around 1726p at time of writing, it need only slip below 1690p to probably trigger some reversal down to an initial 1573p with secondary, if broken, an eventual bottom hopefully above 1350p as this would tend protect the honour of the Red line on the chart.

If things intend turn positive, above 1865p looks capable of a lift to an initial 1952p and a break above the Blue downtrend since 2018. This potentially shall open the door for our secondary, especially if the share price closes a session above the Blue trend. As a result, it opens the doors for a visit to 2182p and perhaps beyond.

 

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:55:37PM	BRENT	8264.9
9:59:10PM	GOLD	2114.55	2079	2064	2045	2093	2121	2127	2148	2108	‘cess
10:01:49PM	FTSE	7638.3
10:09:38PM	STOX50	4907.6
10:12:48PM	GERMANY	17687.3
10:14:46PM	US500	5126.1									‘cess
10:22:10PM	DOW	38949	38865	38774	38657	39029	39061	39152	39248	39011
10:25:07PM	NASDAQ	18205
10:27:37PM	JAPAN	40054

 

4/03/2024 FTSE Closed at 7640 points. Change of -0.55%. Total value traded through LSE was: £ 5,830,824,809 a change of -4.21%

1/03/2024 FTSE Closed at 7682 points. Change of 0.68%. Total value traded through LSE was: £ 6,087,264,861 a change of -41.68%

29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

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:CNA Centrica** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Centrica, Natwest, Ocado Plc, Rolls Royce, Tesco,

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LSE:AML Aston Martin Close Mid-Price: 165 Percentage Change: -6.62% Day High: 174.9 Day Low: 158.5

Target met. If Aston Martin experiences continued weakness below 158.5, i ……..

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LSE:CNA Centrica Close Mid-Price: 125.35 Percentage Change: -0.87% Day High: 127.65 Day Low: 123.9

Continued weakness against CNA taking the price below 123.9 calculates as ……..

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LSE:NWG Natwest. Close Mid-Price: 248.3 Percentage Change: + 0.61% Day High: 248.8 Day Low: 245.7

Continued trades against NWG with a mid-price ABOVE 248.8 should improve ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 445 Percentage Change: -6.51% Day High: 471.1 Day Low: 433.6

In the event Ocado Plc experiences weakness below 433.6 it calculates wit ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 376.4 Percentage Change: + 0.43% Day High: 380.3 Day Low: 372.7

Continued trades against RR. with a mid-price ABOVE 380.3 should improve ……..

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LSE:TSCO Tesco Close Mid-Price: 275.9 Percentage Change: -0.61% Day High: 277.1 Day Low: 273.6

If Tesco experiences continued weakness below 273.6, it will invariably l ……..

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

#BrentCrude #DAX News from the Department of Funny Stories. The Scottish Health Service had decided it was time they once again stuff a film crew up my nether regions.. On the fateful day, we arrived at the ferry terminal to be shocked by a massive unseasonal queue of vehicles. My wife was aghast and as a result, turned into Hyacinth Bouquet from the TV series One Foot In The Grave.

She got out of the car and shouted, across the parking lanes to the queue marshall; “My husband is going for a Colonoscopy. Will we get on the ferry?”. “Should do,” he shouted back.

We did get on the ferry, the lady collecting tickets giving a very sympathetic look.

My wife eventually stopped giggling; “I’ve no idea why I said that!”, she apologised. When they say “Give it 48 hours to let the sedative clear,” it transpires they were right. Thankfully it will be another 3 years before this happens again, ideally without my wife letting an entire ferry terminal know.

This sort of nonsense is, we feel, akin to daring to trade Retail Banking sector shares on the UK markets. Funny but only if it happens to someone else…

 

Three weeks ago, we finished our report with the words;

“Our suspicion is we’re about to see Natwest become useful.“

Almost unbelievably, this has become the case, but we’re not about to shout it across queues of traffic. The coming week expects the UK Government to make another attempt to derail the country with a Budget speech due, along with the inevitable plethora of leaks to attain headlines. And of course, the true nature of a UK Budget is never, ever, in the headline features but instead, tucked away in the small print in clauses not intended to be noticed until well after the headlines are printed. This sort of thing “Interest Rates to Fall” will be tempered with small print in subsection 113a, allowing a 1% reduction but only when it’s a leap year.

 

However, it certainly does look like Natwest indeed are becoming useful. Their share price has miraculously regained the Red uptrend since 2020, also bettering the Blue downtrend since 2007. It also it hovering at almost exactly the share value, prior to the pandemic hitting. The situation now suggests movement next above 247.5p should attempt a run up to 263.5p next and visually, some potential hesitation. Our longer term secondary, if such a level is exceeded, now works out at a future 294p.

Natwest share price now needs close below Red, currently 234p, to justify panic but for now, it’s looking more interesting than the weekends Grand Prix was. About an hour into the race, my wife came into the room and glanced at the screen.

“Are they only doing the pre-race Formation Lap?”

“Nope, only 10 laps to go until the end.” It was a shockingly boring return to racing and unless some motorsport actually occurs, I suspect this shall be the final year I waste time watching the charade.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
6:32:20PM	BRENT	8320.7	8284	8256	8200	8358	8375	8426	8564	8260
6:34:37PM	GOLD	2082.46
6:36:53PM	FTSE	7687
6:39:00PM	STOX50	4905.3
8:50:06PM	GERMANY	17747	17689	17642	17584	17762	17820	17834	17883	17727
8:52:23PM	US500	5130.6
8:54:40PM	DOW	39026.5
8:57:14PM	NASDAQ	18283.1
8:59:25PM	JAPAN	40169

 

1/03/2024 FTSE Closed at 7682 points. Change of 0.68%. Total value traded through LSE was: £ 6,087,264,861 a change of -41.68%

29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

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:CAR Carclo** **LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Barclays, Carclo, MAN, Foxtons, Hargreaves Lansdown, Lloyds Grp., Natwest, Rolls Royce, Standard Chartered,

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LSE:BARC Barclays. Close Mid-Price: 169.52 Percentage Change: + 3.08% Day High: 172.08 Day Low: 164.98

Target met. All Barclays needs are mid-price trades ABOVE 172.08 to impro ……..

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LSE:CAR Carclo Close Mid-Price: 7.6 Percentage Change: -7.32% Day High: 7.98 Day Low: 7.4

Weakness on Carclo below 7.4 will invariably lead to 7.25p with secondary ……..

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LSE:EMG MAN. Close Mid-Price: 245.6 Percentage Change: + 0.86% Day High: 246.4 Day Low: 234.8

Continued weakness against EMG taking the price below 234.8 calculates as ……..

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LSE:FOXT Foxtons. Close Mid-Price: 59.5 Percentage Change: + 1.02% Day High: 60 Day Low: 58.8

Further movement against Foxtons ABOVE 60 should improve acceleration tow ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 738.2 Percentage Change: + 1.35% Day High: 737.4 Day Low: 723.8

In the event Hargreaves Lansdown experiences weakness below 723.8 it calc ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 47.37 Percentage Change: + 1.72% Day High: 47.75 Day Low: 47.02

Target met. In the event of Lloyds Grp. enjoying further trades beyond 47 ……..

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LSE:NWG Natwest. Close Mid-Price: 246.8 Percentage Change: + 3.22% Day High: 247.3 Day Low: 239.6

All Natwest needs are mid-price trades ABOVE 247.3 to improve acceleratio ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 374.8 Percentage Change: + 1.54% Day High: 376.2 Day Low: 368.3

All Rolls Royce needs are mid-price trades ABOVE 376.2 to improve acceler ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 690.8 Percentage Change: + 3.48% Day High: 700.4 Day Low: 662.8

Continued trades against STAN with a mid-price ABOVE 700.4 should improve ……..

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

#Gold The #FTSE remains a marketplace giving the rest of the world a masterclass in how to actually do nothing while pretending to work. We’ve all had work colleagues like this, folk capable of pretending to read a screen all day, only to burst into panicked action around 4pm then failing at their main task of the day which may have been to place an order or get a quote. If questioned the next day, the excuse is always the same, waiting for someone to call them back.

What’s worrying us about the FTSE is we “know” it must be approaching the panic action phase of performance as it’s effectively been treading water for a couple of years. Our suspicion is the market shall head upward and, as previously mentioned, a hope tempered by the salient detail many other world markets are at logical highs and facing potential reversals unless the index’s start being “gapped up”.  As if by magic, these surprise gaps are appearing on many major markets, leading us to conclude the intention is to keep the rises coming. For example, if we take the Nasdaq which closed Thursday at a new all time high, the party could very well continue until just over 18,600 points, a level at which it again should experience hesitation UNLESS the market once again gaps it up.

Of course, the FTSE has missed out on this manipulation, remaining following its own confident but unfathomable path.

Near term, FTSE movement below just 7620 looks capable of promoting reversal to an initial 7576 points and a very possible bounce. Our secondary, should such a level break, calculates down at a less likely 7539 points, one of these numbers which is arithmetically possible but visually failing to make much sense. If triggered, our tightest stop loss in this scenario works out at 7678 points.

Alternately, if the FTSE does the unthinkable and opts to follow other markets, above 7651 should trigger near term recovery to an initial 7678 with our secondary, if bettered, at 7716 points, a level at which some hesitation makes visual sense. On a brighter note, the Grand Prix is actually this weekend and hopefully it provides some entertainment. Have a good weekend.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:47:24PM	BRENT	8185.6	8019	7893		8113	8272	8339		8139
9:50:44PM	GOLD	2043.21	2028	2022	2012	2039	2052	2062	2073	2042	Success
9:59:20PM	FTSE	7661.1	7618	7605	7580	7645	7681	7696	7722	7652	Success
10:01:54PM	STOX50	4891.2	4864	4853		4892	4905	4909		4885	‘cess
10:08:10PM	GERMANY	17732.9	17600	17534		17654	17761	17810		17701
10:11:22PM	US500	5091.4	5050	5029		5076	5101	5114		5073	Success
10:34:46PM	DOW	38967	38790	38686		38922	39072	39099		38905	‘cess
10:37:20PM	NASDAQ	18032	17928	17863		18010	18044	18082		17967	‘cess
10:40:11PM	JAPAN	39311	38999	38918		39183	39346	39449		39104	Shambles

 

29/02/2024 FTSE Closed at 7630 points. Change of 0.08%. Total value traded through LSE was: £ 10,436,888,007 a change of 63.71%

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

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

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

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

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

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

---

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:HL. Hargreaves Lansdown** **LSE:QED Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Avacta, MAN, Fresnillo, Hargreaves Lansdown, Quadrise, Serco, Standard Chartered, Star Energy, Zoo Digital,

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LSE:AVCT Avacta Close Mid-Price: 54.5 Percentage Change: -27.04% Day High: 61.5 Day Low: 51.5

Target met. Continued weakness against AVCT taking the price below 51.5 c ……..

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LSE:EMG MAN. Close Mid-Price: 243.5 Percentage Change: + 0.95% Day High: 262.3 Day Low: 242

Continued trades against EMG with a mid-price ABOVE 262.3 should improve ……..

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View Previous MAN & Big Picture ***

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LSE:FRES Fresnillo. Close Mid-Price: 455.4 Percentage Change: + 0.84% Day High: 464.9 Day Low: 449.2

If Fresnillo experiences continued weakness below 449.2, it will invariab ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 728.4 Percentage Change: -3.63% Day High: 747 Day Low: 724.8

Continued weakness against HL. taking the price below 724.8 calculates as ……..

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LSE:QED Quadrise Close Mid-Price: 1.98 Percentage Change: -3.54% Day High: 2 Day Low: 1.8

If Quadrise experiences continued weakness below 1.8, it will invariably ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.08 Percentage Change: -6.25% Day High: 0.08 Day Low: 0.08

??????? ……..

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LSE:SRP Serco. Close Mid-Price: 187.3 Percentage Change: + 4.52% Day High: 192.7 Day Low: 183.8

Target met. In the event of Serco enjoying further trades beyond 192.7, t ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 667.6 Percentage Change: + 2.83% Day High: 669.8 Day Low: 644.8

All Standard Chartered needs are mid-price trades ABOVE 669.8 to improve ……..

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LSE:STAR Star Energy. Close Mid-Price: 7.96 Percentage Change: + 3.18% Day High: 7.75 Day Low: 7.12

If Star Energy experiences continued weakness below 7.12, it will invaria ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 23.5 Percentage Change: -8.74% Day High: 25.5 Day Low: 22.25

Target met. Continued weakness against ZOO taking the price below 22.25 c ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLOE Block Energy PLC** **LSE:BLVN Bowleven** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:CLAI Cellular Goods** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IDS International Distribution** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MMAG Music Magpie** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

 

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

We examined Direct Line in September last year, speculating on movement from 184p to 210p. All it took was a takeover approach from a Belgian company and a bunch of emails received to force us to issue an update. Perhaps naively, we’d always assumed the UK had the insurance market tied up, the cartel keeping things under control. However, Belgian company AGEAS made what sounds like a reasonable offer but Direct Line describe the offer in quite disparaging terms.

Whilst the cynic within suspects the Board were not being offered sufficient Belgian chocolate to line their own pockets, perhaps requiring better severance packages to reduce any uncertainty about their own futures. However, the share price soared quite usefully, smacking against out prior 210p target in a day with a near 24% rise. By a stunning 0.6p, the price event exceeded our target, opening the door for further movements in the future. Maybe it’s the case AGEAS are expected to provide a further offer and, if we’re blunt, be exceeding our initial target, now above 211p calculates with the potential of a lift to 240p next with secondary, if bettered, a pretty impressive looking 283p.

So, the question is, will Ageas offer sufficient packages of Belgian chocolate to provoke Direct Line share price managing to recover, perhaps even representing a reasonable result for the company shareholders.  From our perspective, share price closure above our current secondary of 283p shall prove significant, given the option of movement to 333p in the future, perhaps even an amazing 423p and a challenge against the prior all time high 9 years ago.

 

Of course, there is always the very, very, real risk of a company withdrawing interest, effectively causing inevitable sharp share price reduction. In such an instance, below 155p calculates with the potential of reversal to an initial 148p and maybe a bounce, given prior behaviour. Our secondary, with closure below such a level, works out at a silly looking 80p.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:57:11PM	BRENT	8180	8149	8098	8029	8202	8305	8340	8448	8237
10:00:22PM	GOLD	2034.49
10:58:17PM	FTSE	7604.2									Success
11:03:24PM	STOX50	4865.2
11:08:26PM	GERMANY	17587
11:11:14PM	US500	5062.9
11:14:03PM	DOW	38880	38739	38617	38395	38894	39000	39058	39165	38860
11:19:53PM	NASDAQ	17836									‘cess
11:24:09PM	JAPAN	38999									‘cess

 

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

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…

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:FRES Fresnillo** **LSE:ITV ITV** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Avacta, Barclays, Fresnillo, ITV, Ocado Plc, Rolls Royce, Zoo Digital,

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LSE:AVCT Avacta Close Mid-Price: 74.7 Percentage Change: -1.45% Day High: 78.5 Day Low: 67.5

Target met. If Avacta experiences continued weakness below 67.5, it will ……..

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LSE:BARC Barclays. Close Mid-Price: 168.9 Percentage Change: + 1.22% Day High: 169.9 Day Low: 166.18

In the event of Barclays enjoying further trades beyond 169.9, the share ……..

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LSE:FRES Fresnillo Close Mid-Price: 451.6 Percentage Change: -3.48% Day High: 468.5 Day Low: 452.7

In the event Fresnillo experiences weakness below 452.7 it calculates wit ……..

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LSE:ITV ITV Close Mid-Price: 55.78 Percentage Change: -1.76% Day High: 56.98 Day Low: 55.5

Target met. In the event ITV experiences weakness below 55.5 it calculate ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 490.7 Percentage Change: -0.63% Day High: 496.4 Day Low: 470.5

Continued weakness against OCDO taking the price below 470.5 calculates a ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 370.5 Percentage Change: + 3.32% Day High: 372.4 Day Low: 360.1

In the event of Rolls Royce enjoying further trades beyond 372.4, the sha ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 25.75 Percentage Change: -2.83% Day High: 25.75 Day Low: 25.75

Weakness on Zoo Digital below 25.75 will invariably lead to 24.5p with se ……..

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