#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** **
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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 ……..
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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 ……..
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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 ……..
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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 ……..
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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 ……..
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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 ……..
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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 ……..
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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 ……..
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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 ……..
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View Previous Taylor Wimpey & Big Picture ***






