Author: T&T Staff

#FTSE #Stoxx50 There’s just 3 weeks until the first Formula 1 show of 2024, taking place in Bahrain and starring the usual crew who, it appears, all seem to expect a season just like last years. In other words, fairly boring and predictable. Maybe Alonso, driving for Aston Martin, shall claim something outrageous, generating some airtime or perhaps his team-mate Stroll will show he’s learned how to drive but unfortunately, in pre-season gossip, it looks like more of the same is expected.

Unfortunately, with regard Aston Martins share price, “more of the same” feels like the ruling sentiment also. We’re pretty confident their share price is destined to visit 168p, maybe even 158p and a level by which we’d hope for a realistic rebound. Why are we primed with misery for the share?

It all dates back to January 17th of this year, a session which opened with the share price being gapped below the Red uptrend on the chart. This gave a pretty convincing clue the market has a cunning plan and due to share price movements since the event, some care has been taken to ensure no arguments for immediate recovery exist. Quite the converse. It now looks very like movement below 183p shall serve to trigger the next reversal cycle, hopefully one which indeed finds a bottom waiting before 158p. There is a larger danger, one which shall doubtless require a serious faux pas, as should 158p break, our next bottom level is a silly looking 120p. At least, it would be silly, if it were not indicative of a return to price levels at the end of 2022.

 

Of course, with the racing season about to start, maybe Aston Martin shall produce a Duracell rabbit capable of boosting the teams fortunes. The earliest indication of such an epiphany would be the share price closing a session above 205p, above the level of trend break. We’d regard this with some considerable hope as it’d be the first step in an acceleration curve toward an initial 268p with secondary, if bettered, at a longer term 292p. The only problem, we can do the sums and produce the numbers but, don’t quite believe them.

There’s another feature worthy of consideration. Here in Argyll we tend get overloaded with supercars, the roads presenting their own set of unique challenges. Quite genuinely, I cannot recall when I last noticed an Aston Martin…

 

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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
8:50:36PM	BRENT	8245.3
8:52:42PM	GOLD	2035.82									‘cess
10:08:45PM	FTSE	7660	7643	7626	7606	7683	7686	7696	7714	7669	‘cess
10:11:12PM	STOX50	4651.2	4652	4646	4638	4662	4670	4709	4756	4654
10:13:47PM	GERMANY	16928.5									‘cess
10:16:45PM	US500	4908.1
10:19:25PM	DOW	38456
10:21:43PM	NASDAQ	17361									‘cess
10:24:34PM	JAPAN	35749

 

30/01/2024 FTSE Closed at 7666 points. Change of 0.45%. Total value traded through LSE was: £ 4,778,161,303 a change of -12.39%

29/01/2024 FTSE Closed at 7632 points. Change of -0.04%. Total value traded through LSE was: £ 5,453,884,268 a change of -16.87%

28/01/2024 FTSE Closed at 7635 points. Change of 1.41%. Total value traded through LSE was: £ 6,560,613,072 a change of 58.4%

25/01/2024 FTSE Closed at 7529 points. Change of 0.03%. Total value traded through LSE was: £ 4,141,889,174 a change of -12.43%

24/01/2024 FTSE Closed at 7527 points. Change of 0.55%. Total value traded through LSE was: £ 4,729,886,078 a change of -8.08%

23/01/2024 FTSE Closed at 7486 points. Change of -0.01%. Total value traded through LSE was: £ 5,145,475,949 a change of 1.4%

22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%

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:EME Empyrean** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:IHG Intercontinental Hotels Group** **LSE:ITRK Intertek** **LSE:MMAG Music Magpie** **LSE:SDY Speedyhire** **

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Updated charts published on : Empyrean, Experian, EasyJet, Intercontinental Hotels Group, Intertek, Music Magpie, Speedyhire,

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LSE:EME Empyrean Close Mid-Price: 0.38 Percentage Change: -11.76% Day High: 0.38 Day Low: 0.35

In the event Empyrean experiences weakness below 0.35 it calculates with a ……..

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LSE:EXPN Experian. Close Mid-Price: 3313 Percentage Change: + 1.72% Day High: 3315 Day Low: 3268

Target met. Further movement against Experian ABOVE 3315 should improve a ……..

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LSE:EZJ EasyJet. Close Mid-Price: 554.2 Percentage Change: + 1.28% Day High: 559.4 Day Low: 547

Further movement against EasyJet ABOVE 559.4 should improve acceleration ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7580 Percentage Change: + 1.66% Day High: 7618 Day Low: 7482

Target met. All Intercontinental Hotels Group needs are mid-price trades ……..

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LSE:ITRK Intertek. Close Mid-Price: 4506 Percentage Change: + 0.63% Day High: 4539 Day Low: 4504

In the event of Intertek enjoying further trades beyond 4539, the share s ……..

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LSE:MMAG Music Magpie Close Mid-Price: 9.5 Percentage Change: -5.00% Day High: 10 Day Low: 8.75

Target met. In the event Music Magpie experiences weakness below 8.75 it ……..

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LSE:SDY Speedyhire Close Mid-Price: 29.5 Percentage Change: -18.06% Day High: 31.25 Day Low: 28.7

If Speedyhire experiences continued weakness below 28.7, it will invariab ……..

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

#Brent #WallSt There was once a television show called “Friends” which featured a memorable scene, where the group were challenged to define what one of them (Chandler) actually did for a living. Every now and then, when reviewing company websites, we are reminded of this conundrum of comedy. Recently, Intermediate Capital Group provided exactly the confusing potpourri of words which confuses.

The excerpt above, from the “Who We Are” section of their website neatly sidesteps any threat of actually explaining what the company does to generate profit!

This is a bit of a surprise, especially as the market seems to be looking favourably on their share price for some reason. We’ve even had a couple of emails asking what we think of recent movements, hence an ill-guided attempt to educate ourselves as to their function in life. But whatever they really do, they employ over 600 people to do it, so presumably there’s some sort of end product. Maybe we’re the problem, becoming dinosaurs by not keeping up with terminology. Private Eye very recently featured a clever cartoon, showing a younger couple adorned with modern technical gear. There was a newspaper headline beside them and one asked “What’s Post?” while the other asked “What’s an Office?”. It was akin to a grand-child asking “Why do you say ‘Dial a Number’?”.

 

Currently trading around 1,753p, this share price only needs exceed 1,819 to apparently prove capable of triggering movement to an initial 1,877p. In the grand scheme of things, this wouldn’t represent a significant rise but our longer term secondary, with closure above 1,877, works out somewhere around 2,180p. Our secondary target, out of necessity, is a bit vague, thanks to the share price being recently gapped (circled) above the Blue downtrend since 2021. There’s nothing quite like a manipulation gap to throw a spanner in the works of our calculations, thus the secondary might even extrapolate to 2,291p, a fairly wide difference.

Typically, when we see a share propelled above a trend such as this, we tend anticipate some reversals once our initial target is achieved, potentially back to the level of trend break. In this instance, the suggestion is we should’t worry if reversals to the 1,650 level take place any time soon.

Currently, the share price would need break Red at around 1,580 to cause a raised eyebrow, along with the risk of reversal to 1,392p and hopefully a rebound.

 

But for now, we quite like the way this is positioned.

 

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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
10:20:08PM	BRENT	8191.7	8080	7965	7823	8215	8391	8505	8652	8088
10:22:29PM	GOLD	2032.82									Success
10:28:53PM	FTSE	7650.1									‘cess
10:31:40PM	STOX50	4650.8									‘cess
10:35:42PM	GERMANY	16981									‘cess
10:41:09PM	US500	4924.2
10:44:29PM	DOW	38282	38017	37944	37813	38130	38338	38345	38392	38080	‘cess
10:47:19PM	NASDAQ	17588.4									‘cess
10:50:06PM	JAPAN	36159

 

29/01/2024 FTSE Closed at 7632 points. Change of -0.04%. Total value traded through LSE was: £ 5,453,884,268 a change of -16.87%

28/01/2024 FTSE Closed at 7635 points. Change of 1.41%. Total value traded through LSE was: £ 6,560,613,072 a change of 58.4%

25/01/2024 FTSE Closed at 7529 points. Change of 0.03%. Total value traded through LSE was: £ 4,141,889,174 a change of -12.43%

24/01/2024 FTSE Closed at 7527 points. Change of 0.55%. Total value traded through LSE was: £ 4,729,886,078 a change of -8.08%

23/01/2024 FTSE Closed at 7486 points. Change of -0.01%. Total value traded through LSE was: £ 5,145,475,949 a change of 1.4%

22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%

19/01/2024 FTSE Closed at 7461 points. Change of 0.03%. Total value traded through LSE was: £ 6,017,076,844 a change of 5.37%

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:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:ITRK Intertek** **LSE:MMAG Music Magpie** **

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Updated charts published on : Avacta, EasyJet, Foxtons, Intertek, Music Magpie,

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LSE:AVCT Avacta Close Mid-Price: 100 Percentage Change: -0.50% Day High: 100.5 Day Low: 99

If Avacta experiences continued weakness below 99, it will invariably lea ……..

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LSE:EZJ EasyJet. Close Mid-Price: 547.2 Percentage Change: + 3.48% Day High: 551 Day Low: 520

Target met. All EasyJet needs are mid-price trades ABOVE 551 to improve a ……..

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LSE:FOXT Foxtons. Close Mid-Price: 55.8 Percentage Change: + 1.64% Day High: 56.2 Day Low: 54.1

All Foxtons needs are mid-price trades ABOVE 56.2 to improve acceleration ……..

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LSE:ITRK Intertek. Close Mid-Price: 4478 Percentage Change: + 0.45% Day High: 4515 Day Low: 4474

Further movement against Intertek ABOVE 4515 should improve acceleration ……..

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LSE:MMAG Music Magpie Close Mid-Price: 10 Percentage Change: -9.09% Day High: 11 Day Low: 9.75

Weakness on Music Magpie below 9.75 will invariably lead to 9p with secon ……..

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

#Brent #Stoxx50 Champagne is getting expensive! This weekend brought an important milestone, our 30th wedding anniversary, and once again we marked the date with a bottle of “decent” champagne. It’s one of these ridiculous traditions some couples embrace, we buy a bottle of the stuff every year, don’t open it, and place it in a wine rack. The rack provides an easy method of telling how long we’ve been married and we’ve been keeping the champagne for a “special occasion”, neither my wife or I being particularly fond of the fizzy stuff. Our current suspicion is we’ll end up loading it into a wheelbarrow and giving it to whatever grand-daughter gets married first. The only thing certain since the tradition started; champagne never, ever, gets cheaper, regardless the state of the wider economy!

Once again, it is time to try and make sense of a retail banking share and unusually, there’s a vague chance Lloyds has delivered some sort of signal. The Blue line on the chart, the downtrend since February last year, hasn’t appeared particularly important until last Thursday. Then, for some reason, the market took exquisite care NOT to let the share price close below Blue. Perhaps we’re clutching at straws, perhaps not, but the immediate implication calculates with the risk of weakness below 41.4 heading down to an initial 40.9 with secondary, if broken, a bounce point now at 38.4p.

However, if the market indeed intends make an effort to stop Blue breaking, and instead, we should now search for movements which will give notice of surprise recovery for Lloyds.

Should this turn out to be the case, a slightly interesting early warning will come if the share price movements above 43.1p as this is supposed to trigger an initial surge to a useless 43.67p. Our inclination is to regard 43.67p as a viable trigger level, one which if exceeded should next promote the concept of a visit to 45.4p initially with secondary, if exceeded, a future 47.3p. Visually, it appears very possible there shall be some hesitation at the 47.3p level, should the price discover a path to such a target.

Who knows, perhaps Lloyds shall finally prove worth keeping an eye on.

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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
6:17:08PM	BRENT	8314.3	8079	7985	7875	8142	8317	8354	8640	7853
6:29:19PM	GOLD									2018
6:32:01PM	FTSE									7616
6:34:13PM	STOX50	4633.3	4578	4554	4526	4604	4639	4659	4752	4623
6:36:41PM	GERMANY
6:40:14PM	US500
6:42:46PM	DOW
6:44:40PM	NASDAQ
6:46:42PM	JAPAN

 

28/01/2024 FTSE Closed at 7635 points. Change of 1.41%. Total value traded through LSE was: £ 6,560,613,072 a change of 58.4%

25/01/2024 FTSE Closed at 7529 points. Change of 0.03%. Total value traded through LSE was: £ 4,141,889,174 a change of -12.43%

24/01/2024 FTSE Closed at 7527 points. Change of 0.55%. Total value traded through LSE was: £ 4,729,886,078 a change of -8.08%

23/01/2024 FTSE Closed at 7486 points. Change of -0.01%. Total value traded through LSE was: £ 5,145,475,949 a change of 1.4%

22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%

19/01/2024 FTSE Closed at 7461 points. Change of 0.03%. Total value traded through LSE was: £ 6,017,076,844 a change of 5.37%

18/01/2024 FTSE Closed at 7459 points. Change of 0.17%. Total value traded through LSE was: £ 5,710,434,313 a change of 4.63%

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:EXPN Experian** **LSE:IPF International Personal Finance** **LSE:ITRK Intertek** **LSE:SRP Serco** **

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Updated charts published on : Experian, International Personal Finance, Intertek, Serco,

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LSE:EXPN Experian. Close Mid-Price: 3258 Percentage Change: + 0.52% Day High: 3270 Day Low: 3229

Target met. All Experian needs are mid-price trades ABOVE 3270 to improve ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 120 Percentage Change: + 0.42% Day High: 121.5 Day Low: 116

In the event of International Personal Finance enjoying further trades be ……..

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LSE:ITRK Intertek. Close Mid-Price: 4458 Percentage Change: + 1.69% Day High: 4476 Day Low: 4384

Target met. Continued trades against ITRK with a mid-price ABOVE 4476 sho ……..

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LSE:SRP Serco Close Mid-Price: 174 Percentage Change: -0.57% Day High: 188.2 Day Low: 164.8

Further movement against Serco ABOVE 188.2 should improve acceleration to ……..

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

#FTSE #Gold The first month of 2024 has seen the FTSE move with astounding timidity, our garden shed proving more agile this week alone! This shed had withstood the worst Argyll could throw at it for 15 years, protected by an old Beech tree which stood over it and presumably limited the effects of regular 60mph+ winds. However, the most recent storm with 80mph gusts, fed the sheds ego, allowing an attempt to follow Ryanair into the skies.

Its first and only flight measured just 30 feet, progress arrested by a fairly tall fence and hedge. Unfortunately, the contents of the shed proved to be blessed with greater ambition. Similar to many folk, our Xmas decorations are stored in big plastic boxes, not one of which managed to retain its lid, every yellow snap down handle breaking. Now, the trees at the top of the garden enjoy impromptu decorations of tinsel, an unholy number of Santa Claus figures, and some quite vulgar bright red boxes, a display of fake gifts which graced the bottom of the Xmas tree and once lit up. Similar to software designers, there are things which shouldn’t really be seen in the light of day, our Xmas decor part of such a category.

On the bright side, we also uncovered a Singer treadle sewing machine, something we’d completely forgotten about. Unfortunately, the insurance company ask everything remain in place until they can despatch an assessor, something we know isn’t going to happen once someone looks at a map. But playing safe is the order of the day, working on the basis they’ll find any excuse to refuse or delay a claim.  And just in case, they’ve been sent plenty of photographs and videos, while we try and figure out the cost of the damage. It’s easy to say “Never a dull moment in Argyll”, especially as this year has seen (another) failed dishwasher, a failed boiler, and a failed shed. And we both enjoyed a week off, due to Covid-19!

 

This has all got quite a lot to do with the FTSE as we suspect it also intends some failure. When the index recently tumbled down to the 7400 level before exhibiting a weak bounce, we suspect we only witnessed a half hearted attempt at scaring the market. The bounce from the 7400 level has proven less than convincing, allowing us to create a scenario where weakness next below 7470 points is expected to trigger reversals to an initial 7434 points with secondary, if broken, at 7323, along with a potential rebound.

Thankfully, the index doesn’t need do a huge amount to give an initial suggestion some recovery may be upon us. Above 7545 points works out with the potential of a lift to 7576 points. Our secondary, if such a level is bettered, is significant, calculating at 7738 points and a challenge again the immediate Blue downtrend.

 

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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
10:10:04PM	BRENT	8181	7970	7930		8033	8206	8351		7843	Success
10:12:22PM	GOLD	2020.58	2017	2015		2025	2024	2031		2015
10:14:53PM	FTSE	7547.1	7507	7501		7531	7564	7615		7522	‘cess
10:34:50PM	STOX50	4591.3	4570	4560		4587	4602	4606		4588	Shambles
10:37:08PM	GERMANY	16891	16858	16850		16887	16922	16950		16880
10:41:04PM	US500	4890.6	4861	4855		4877	4904	4915		4884
10:43:51PM	DOW	37992	37757	37698		37920	38063	38102		37934
10:46:48PM	NASDAQ	17460	17425	17391		17515	17630	17698		17520
10:49:18PM	JAPAN	36027	36001	35904		36159	36314	36453		36100

 

25/01/2024 FTSE Closed at 7529 points. Change of 0.03%. Total value traded through LSE was: £ 4,141,889,174 a change of -12.43%

24/01/2024 FTSE Closed at 7527 points. Change of 0.55%. Total value traded through LSE was: £ 4,729,886,078 a change of -8.08%

23/01/2024 FTSE Closed at 7486 points. Change of -0.01%. Total value traded through LSE was: £ 5,145,475,949 a change of 1.4%

22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%

19/01/2024 FTSE Closed at 7461 points. Change of 0.03%. Total value traded through LSE was: £ 6,017,076,844 a change of 5.37%

18/01/2024 FTSE Closed at 7459 points. Change of 0.17%. Total value traded through LSE was: £ 5,710,434,313 a change of 4.63%

17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%

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:BLVN Bowleven** **LSE:EZJ EasyJet** **LSE:IDS International Distribution** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:SDY Speedyhire** **LSE:SRP Serco** **

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Updated charts published on : Bowleven, EasyJet, International Distribution, International Personal Finance, Intertek, Lloyds Grp., Speedyhire, Serco,

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LSE:BLVN Bowleven Close Mid-Price: 0.5 Percentage Change: -13.04% Day High: 0.57 Day Low: 0.4

Target met. In the event Bowleven experiences weakness below 0.4 it calcu ……..

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LSE:EZJ EasyJet. Close Mid-Price: 536.2 Percentage Change: + 3.08% Day High: 541.8 Day Low: 519.8

In the event of EasyJet enjoying further trades beyond 541.8, the share s ……..

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LSE:IDS International Distribution. Close Mid-Price: 286.6 Percentage Change: + 4.14% Day High: 290.4 Day Low: 279

All International Distribution needs are mid-price trades ABOVE 290.4 to ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 119.5 Percentage Change: + 0.42% Day High: 121 Day Low: 119

Further movement against International Personal Finance ABOVE 121 should ……..

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LSE:ITM ITM Power Close Mid-Price: 46.61 Percentage Change: -4.27% Day High: 50 Day Low: 46.25

Weakness on ITM Power below 43.20P will invariably lead to 36p with secon ……..

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LSE:ITRK Intertek Close Mid-Price: 4384 Percentage Change: -0.14% Day High: 4405 Day Low: 4365

All Intertek needs are mid-price trades ABOVE 4405 to improve acceleratio ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 41.52 Percentage Change: -1.49% Day High: 41.99 Day Low: 41.26

Target met. In the event Lloyds Grp. experiences weakness below 41.26 it ……..

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LSE:SDY Speedyhire. Close Mid-Price: 35.55 Percentage Change: + 0.99% Day High: 36 Day Low: 35

Further movement against Speedyhire ABOVE 36p should improve acceleration ……..

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LSE:SRP Serco. Close Mid-Price: 175 Percentage Change: + 0.98% Day High: 182.2 Day Low: 172.3

Target met. All Serco needs are mid-price trades ABOVE 182.2 to improve a ……..

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

#Gold #FTSE The subject of a few recent emails asking our opinion, we’d never come across FTSE 250 member IntegraFin until folk started asking questions, this generally being a sign something may be brewing and hopefully not misplaced optimism in an internet chatroom. To be fair, their movement history since being listed in 2018 is fairly typical and now, the share price appears to be on the edge of making realistic gains.

There certainly appears to be an issue at the 290p level as since 2022, the share price has been regularly forced down below such a point. However, since some movements last December, we’re justified in taking an interest as it looks possible something interesting is brewing. More useful, since the price made its initial surge upward at the end of 2023, the share price appears keen to define yet another trend for itself, making it plain the Blue downtrend matters on no less than 7 occasions in just a few weeks. This behaviour, ideally, allows us to establish a trigger level for future positive movements.

This being the case, we’ve opted to establish a trigger level at 307p as movement above such a point calculates with the chance of a lift to 323p with secondary, if beaten, a longer term 335p. Visually, there’s a threat of some hesitation at the 335p level, given prior highs. Essentially, a bunch of folk trapped since the start of 2023 can be expected to ditch their shares, thus provoking some selling pressure. Only with closure above 335p shall we date start expressing hope for a future wander uphill to an eventual 457p.

 

For now, the share price is trading below Blue on the chart and therefore, at risk of a hysterical fall.

Below 273p would now be regarded as a bad thing, introducing the threat of reversal to 257p with secondary, if broken, a rather more damaging 208p, along with the visual expectation of a rebound.

 

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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
9:19:26PM	BRENT	7991
9:22:36PM	GOLD	2012.58	2011	2009	1999	2021	2037	2046	2058	2024	‘cess
10:15:56PM	FTSE	7507.2	7496	7484	7466	7524	7540	7563	7617	7510
10:21:31PM	STOX50	4557									Success
10:42:31PM	GERMANY	16875									Success
10:48:57PM	US500	4871.9									Success
10:53:41PM	DOW	37871									Shambles
11:00:31PM	NASDAQ	17504.9									Success
11:20:41PM	JAPAN	36191

 

24/01/2024 FTSE Closed at 7527 points. Change of 0.55%. Total value traded through LSE was: £ 4,729,886,078 a change of -8.08%

23/01/2024 FTSE Closed at 7486 points. Change of -0.01%. Total value traded through LSE was: £ 5,145,475,949 a change of 1.4%

22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%

19/01/2024 FTSE Closed at 7461 points. Change of 0.03%. Total value traded through LSE was: £ 6,017,076,844 a change of 5.37%

18/01/2024 FTSE Closed at 7459 points. Change of 0.17%. Total value traded through LSE was: £ 5,710,434,313 a change of 4.63%

17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%

16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%

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:EME Empyrean** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:SRP Serco** **LSE:TERN Tern Plc** **

********

Updated charts published on : Empyrean, Experian, EasyJet, Intertek, Lloyds Grp., Serco, Tern Plc,

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LSE:EME Empyrean Close Mid-Price: 0.4 Percentage Change: -15.79% Day High: 0.4 Day Low: 0.38

Continued weakness against EME taking the price below 0.38 calculates as ……..

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LSE:EXPN Experian. Close Mid-Price: 3246 Percentage Change: + 0.78% Day High: 3268 Day Low: 3214

Target met. In the event of Experian enjoying further trades beyond 3268, ……..

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LSE:EZJ EasyJet. Close Mid-Price: 520.2 Percentage Change: + 2.36% Day High: 538.4 Day Low: 514.6

Continued trades against EZJ with a mid-price ABOVE 538.4 should improve ……..

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LSE:ITRK Intertek. Close Mid-Price: 4390 Percentage Change: + 0.69% Day High: 4396 Day Low: 4355

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LSE:LLOY Lloyds Grp. Close Mid-Price: 42.16 Percentage Change: -2.10% Day High: 43.47 Day Low: 41.98

Continued weakness against LLOY taking the price below 41.98 calculates a ……..

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LSE:SRP Serco. Close Mid-Price: 173.3 Percentage Change: + 3.03% Day High: 173.8 Day Low: 167.4

Target met. Continued trades against SRP with a mid-price ABOVE 173.8 sho ……..

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LSE:TERN Tern Plc Close Mid-Price: 2.09 Percentage Change: -27.30% Day High: 2.15 Day Low: 1.75

Target met. Continued weakness against TERN taking the price below 1.75 c ……..

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

#FTSE #Nasdaq Due to a little bout of leukaemia, I’m probably more interested in Hemogenyx than most people should have any right to. Most folk, wandering down a cancer path, start to become extremely frustrated at all the nonsense “cures” constantly promised in clickbait stories. Some promise cures in a vague tomorrow, some promise cures with miracle herbs, spices, or berries but unfortunately, not a single person is ever cured by a “promise”. Eventually, by the simple expedient of not buying newspapers, folk insulate themselves from constant disappointment.

One such “promise” sticks in mind, the promise of Stem Cell treatment. The newspaper article made it all sound very simple. A compatible family member would be sat in one chair and plumbed into a special machine. The person suffering from a cancer would sit alongside and also plumbed in. After a few hours, Stem Cells would be transferred from the healthy person to the ill one and voila, within just a few weeks a blood cancer would be eradicated. The media made it read like a simple process, one which would be available to everyone. But the reality was it was just in testing and wonderful early results didn’t stand the test of time. Companies involved in the field had a lot more work to do but for months, nurses and consultants in cancer units were being bombarded with questions by patients who felt ignored by not being offered the miracle treatment.

Before sounding terribly dramatic, my own version of leukaemia isn’t fatal, requiring regular (daily in my case) tedious chemotherapy. I do keep a weather eye open, glancing at the inevitable medical journals which grace the waiting room of the vampire unit which specialises in blood disorders but the mantra, “don’t hold your breath” remains the best advice possible. However, a recent email jelled with an article I’d read about Hemogenyx Pharmaceuticals, a company we previously reviewed a few years ago, one which is active in my own field, and also a share price which we were not terribly enthusiastic about.

 

As expected, their share price crumbled but didn’t actually reach our ‘worst case’ ultimate  bottom of 0.75p, instead falling to an all time low of just 1p and doing very little useful in the period since. This failure to attain an ultimate bottom actually justifies some hope, usually indicating hidden strength. The immediate situation certainly gives an excuse for some optimism, allowing us to create a scenario where above just 3.5p should next trigger share price recovery to an initial 4.8p with our secondary, if beaten, a cheerful looking 6.75p. Visually, there’s an almost certain expectation of some hesitation at the 6.75p level but in this instance, beware if the market opts to gap the share upward by around 0.7p, if the company opt to provide good news.

Such an event shall be regarded as significant, moving the price into a region where upward travel of some strength becomes expected. Despite an obvious personal bias, we suspect this shall prove worthy of watching.

 

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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
9:57:58PM	BRENT	7926.9									‘cess
10:00:11PM	GOLD	2028.97									‘cess
10:04:15PM	FTSE	7506.1	7457	7434	7403	7507	7529	7562	7615	7483
10:15:50PM	STOX50	4483.3									Shambles
10:18:27PM	GERMANY	16678.5									‘cess
10:21:36PM	US500	4871.3
10:24:01PM	DOW	37924.5									‘cess
10:26:40PM	NASDAQ	17428	17284	17258	17198	17370	17434	17452	17508	17374	Shambles
10:30:09PM	JAPAN	36511									‘cess

 

23/01/2024 FTSE Closed at 7486 points. Change of -0.01%. Total value traded through LSE was: £ 5,145,475,949 a change of 1.4%

22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%

19/01/2024 FTSE Closed at 7461 points. Change of 0.03%. Total value traded through LSE was: £ 6,017,076,844 a change of 5.37%

18/01/2024 FTSE Closed at 7459 points. Change of 0.17%. Total value traded through LSE was: £ 5,710,434,313 a change of 4.63%

17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%

16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%

15/01/2024 FTSE Closed at 7594 points. Change of -0.39%. Total value traded through LSE was: £ 3,725,366,941 a change of -35.31%

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:DGE Diageo** **LSE:FOXT Foxtons** **LSE:LLOY Lloyds Grp.** **

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Updated charts published on : Aviva, Diageo, Foxtons, Lloyds Grp.,

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LSE:AV. Aviva Close Mid-Price: 433.2 Percentage Change: -1.39% Day High: 441.9 Day Low: 434.3

All Aviva needs are mid-price trades ABOVE 441.9 to improve acceleration ……..

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LSE:DGE Diageo Close Mid-Price: 2685.5 Percentage Change: -0.56% Day High: 2711 Day Low: 2676

In the event Diageo experiences weakness below 2676 it calculates with a ……..

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LSE:FOXT Foxtons. Close Mid-Price: 54.1 Percentage Change: + 1.50% Day High: 56 Day Low: 53.6

Target met. Continued trades against FOXT with a mid-price ABOVE 56 shoul ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 43.06 Percentage Change: -0.83% Day High: 43.85 Day Low: 43.09

The share from hell continues to confirm its residence in somewhere like M ……..

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

)#Gold #SP500 JD’s decision to deliver a late Christmas present to investors, starting 2024 with a cheery profits warning, managed to utterly trash their share price and movements since continue to sow confusion. What we find a little interesting are the number of emails asking where we can calculate an eventual bottom, suggesting folk are keeping a fairly close eye on the price.

Perhaps there is already a degree of inherent strength, the share already bouncing from the Red pandemic low uptrend. This bounce allows us to create a box ticking scenario, one where we can take movement above 118.75p as hopefully ticking the first box suggesting any gains may prove viable. As the share is currently trading around 115p, it certainly doesn’t have far to go for an attempt at our first major trigger level. Share price gains exceeding 118.75 calculate with the potential of a lift to an initial 124p with secondary, if beaten, at 136p.

It’s certainly curious how recovery such as this shall certainly tickle the forced price from from the start of this year, almost hinting the drop was perhaps overcooked. Confirmation of such will be given, if there’s any effort made to gap this share price upward as we will be inclined to believe a cycle of gains can be expected to continue.

 

Of course, there’s an obvious risk of trouble, thanks to companies generally being pretty circumspect when throwing around profit warnings. As a result, the worst may not be over yet and the share price now needs only slink below 105p to dial in the potential of a visit to 95p and a price level which is visually a bounce point. In the event such a level breaks, our secondary works out at 75p and we think any recovery from such a level shall require patience and probably the right market conditions.

 

 

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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
9:15:02PM	BRENT	7949
9:18:04PM	GOLD	2020.16	2017	2013	2004	2026	2030	2035	2041	2023
10:01:52PM	FTSE	7487									Shambles
10:03:43PM	STOX50	4471.7									‘cess
11:34:53PM	GERMANY	16664.5									‘cess
11:41:01PM	US500	4852.2	4844	4834	4823	4858	4869	4896	4930	4844	‘cess
11:44:56PM	DOW	37996.5									‘cess
11:48:28PM	NASDAQ	17341.5
11:50:49PM	JAPAN	36631									‘cess

 

22/01/2024 FTSE Closed at 7487 points. Change of 0.35%. Total value traded through LSE was: £ 5,074,323,347 a change of -15.67%

19/01/2024 FTSE Closed at 7461 points. Change of 0.03%. Total value traded through LSE was: £ 6,017,076,844 a change of 5.37%

18/01/2024 FTSE Closed at 7459 points. Change of 0.17%. Total value traded through LSE was: £ 5,710,434,313 a change of 4.63%

17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%

16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%

15/01/2024 FTSE Closed at 7594 points. Change of -0.39%. Total value traded through LSE was: £ 3,725,366,941 a change of -35.31%

12/01/2024 FTSE Closed at 7624 points. Change of 0.63%. Total value traded through LSE was: £ 5,758,721,485 a change of -30.28%

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:BP. BP PLC** **LSE:EME Empyrean** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:SRP Serco** **

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Updated charts published on : Avacta, BP PLC, Empyrean, Foxtons, Fresnillo, Glencore Xstra, Greggs, Intercontinental Hotels Group, Serco,

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LSE:AVCT Avacta Close Mid-Price: 101 Percentage Change: -2.88% Day High: 104 Day Low: 99.5

Target met. Weakness on Avacta below 99.5 will invariably lead to 98p wit ……..

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LSE:BP. BP PLC. Close Mid-Price: 446.05 Percentage Change: + 0.06% Day High: 448.35 Day Low: 441.1

If BP PLC experiences continued weakness below 441.1, it will invariably ……..

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LSE:EME Empyrean Close Mid-Price: 0.48 Percentage Change: -13.64% Day High: 0.5 Day Low: 0.4

Target met. If Empyrean experiences continued weakness below 0.4, it will ……..

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LSE:FOXT Foxtons. Close Mid-Price: 53.3 Percentage Change: + 2.30% Day High: 54 Day Low: 52.1

In the event of Foxtons enjoying further trades beyond 54, the share shou ……..

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LSE:FRES Fresnillo. Close Mid-Price: 477.8 Percentage Change: + 0.17% Day High: 484.8 Day Low: 474.9

In the event Fresnillo experiences weakness below 474.9 it calculates wit ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 397.9 Percentage Change: -3.49% Day High: 414.75 Day Low: 397.45

Target met. If Glencore Xstra experiences continued weakness below 397.45 ……..

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LSE:GRG Greggs. Close Mid-Price: 2708 Percentage Change: + 0.67% Day High: 2732 Day Low: 2680

In the event of Greggs enjoying further trades beyond 2732, the share sho ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7490 Percentage Change: + 0.92% Day High: 7558 Day Low: 7432

Further movement against Intercontinental Hotels Group ABOVE 7558 should ……..

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LSE:ITM ITM Power Close Mid-Price: 45.12 Percentage Change: -3.90% Day High: 47.46 Day Low: 43.2

Target met. Continued weakness against ITM taking the price below 43.2 ca ……..

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LSE:SRP Serco. Close Mid-Price: 167.6 Percentage Change: + 0.84% Day High: 170 Day Low: 166.3

In the event of Serco enjoying further trades beyond 170, the share shoul ……..

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