Author: T&T Staff

#FTSE #GOLD Unexpected disasters always catch people out, yet most of the time, they shouldn’t be unexpected. We’d a complete disaster in the kitchen tonight, my wife opting to mount a new spice rack she’d bought from Temu. I’ve plead with her, repeatedly, to stop using the fitting kits often supplied by Temu and instead, ask me to employ a couple of screws if mounting anything. She judged, by the weight of the spice rack, it would never need screwed to the tiles, mounting it with the supplied double sided tape.

She then filled the rack with her copious spice jars, somehow forgetting she’d just increased the weight quite substantially. The result was visually pleasing but I made a mental note to sneak a couple of screws into the mountings as while all her spice bottles looked great, experience has taught never to trust any adhesive mountings supplied with products bought through Temu. Essentially, if they supply a dinky little shelf which weighs in at 150 grams, the adhesive is designed to take 150 grams and nothing else. For some reason, they ALWAYS forget to factor in humans and their need to put things on shelves…

Inevitably, while trying to figure out an introduction to our FTSE for FRIDAY which didn’t mention the wet snow here in Argyll, there was a spectacular crash from the kitchen. Shortly after she went to bed, her fancy spice rack succumbed to gravity, depositing around 30 jars on the worktop and floor. Only four of the jars smashed, ensuring a cloud of Cayenne pepper, Paprika, and (thankfully) two jars of Chilli powder, something I utterly detest but she feels should be used generously. Working on the correct basis the animals wouldn’t enter the kitchen with its toxic cloud, I gave it 30 minutes before going through to tidy up.

 

We obviously have a reason behind this, an attempt to point out the unexpected often need not come as a surprise. For instance, currently the German in, the DAX, is bumping against a logical high, one of these areas which will often provoke some market volatility. Our immediate “top” number calculates at 17201 points, the index coming within a few points of such a target this week. Equally, the S&P 500 has a logical top around 5115 points, an ambition the index is very close to and again, we anticipate some stutters. Unless, of course, the market opts to start gapping the S&P upward at the open of trade.  Even Wall St, currently around 39070 with a recent high of 39150 calculates with 39500 points expected to provide some sort of ceiling. And the Nasdaq has briefly surpassed a logical high of 18011, achieving 18034 on Thursday but closing the session at 18004.

Adding all these things together, we’ve a gathering expectation favouring some stutters in the market place, making us question whether the FTSE shall prove capable of ignoring what’s going on elsewhere. The UK market calculates with 7871 as target on the current cycle and, at 7684 at time of writing, it’s got some distance to go. We don’t anticipate it covering the distance, if other main markets start to experience some hesitation. This is unfortunate as overall, we should be rejoicing at the long term calculation for the FTSE now working out at 8250, a number we fear shall be as real as the number of death threats claimed by UK politicians as they scrape the bottom of the trough to enforce a  political stance.

 

Near term, below 7650 looks capable of promoting reversal on the FTSE down to an initial paltry 7634 with secondary, if broken, calculating at 7574 points and hopefully yet another bounce. If triggered, the tightest stop looks fairly reasonable at 7690 points.

However, above 7690 has the less likely potential of causing some fireworks as above this level provides an initial hope for 7714 points with our secondary, if exceeded, coming along at 7751. This is a potentially game changing move where our longer term third level calculates at 7871 points.

Have a good weekend and enjoy the Bahrain Grand Prix, hopefully not a completely boring procession of cars.

 

 

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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
8:43:31PM	BRENT	8263	8193	8153		8272	8276	8300		8224	‘cess
8:46:20PM	GOLD	2022.81	2020	2015		2025	2036	2049		2023	Success
8:50:07PM	FTSE	7694	7636	7598		7670	7702	7708		7676	‘cess
8:55:34PM	STOX50	4866	4820	4799		4850	4872	4925		4743	‘cess
9:01:40PM	GERMANY	17427	17280	17211		17370	17433	17470		17022	Success
9:11:44PM	US500	5083	5034	5021		5064	5095	5123		5037	Success
9:16:31PM	DOW	39047	38640	38468		38912	39157	39338		39014	Success
9:20:07PM	NASDAQ	17969	17805	17724		17873	18036	18065		17898	Success
9:31:36PM	JAPAN	39424	38803	38580		39285	39494	39580		39397	Success

 

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%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

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:AVCT Avacta** **LSE:BARC Barclays** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IHG Intercontinental Hotels Group** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **

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Updated charts published on : Aviva, Avacta, Barclays, Experian, Gulf Keystone, Hikma, Hargreaves Lansdown, Intercontinental Hotels Group, Intertek, Lloyds Grp., Quadrise, Rolls Royce,

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LSE:AV. Aviva. Close Mid-Price: 450.1 Percentage Change: + 1.01% Day High: 453.2 Day Low: 446.8

Target met. In the event of Aviva enjoying further trades beyond 453.2, t ……..

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LSE:AVCT Avacta Close Mid-Price: 77 Percentage Change: -12.00% Day High: 88 Day Low: 77

Target met. In the event Avacta experiences weakness below 77 it calculat ……..

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LSE:BARC Barclays. Close Mid-Price: 163.68 Percentage Change: + 0.57% Day High: 164.32 Day Low: 159.1

All Barclays needs are mid-price trades ABOVE 164.32 to improve accelerat ……..

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LSE:EXPN Experian. Close Mid-Price: 3436 Percentage Change: + 1.72% Day High: 3443 Day Low: 3372

In the event of Experian enjoying further trades beyond 3443, the share s ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 94.45 Percentage Change: -0.37% Day High: 95.95 Day Low: 92.15

If Gulf Keystone experiences continued weakness below 92.15, it will inva ……..

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LSE:HIK Hikma. Close Mid-Price: 2083 Percentage Change: + 4.28% Day High: 2165 Day Low: 2030

Target met. Further movement against Hikma ABOVE 2165 should improve acce ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 747.2 Percentage Change: -7.23% Day High: 821.6 Day Low: 728

Weakness on Hargreaves Lansdown below 728 will invariably lead to 704p wi ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8600 Percentage Change: + 0.82% Day High: 8668 Day Low: 8516

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

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LSE:ITRK Intertek. Close Mid-Price: 4639 Percentage Change: + 3.60% Day High: 4652 Day Low: 4521

Target met. Continued trades against ITRK with a mid-price ABOVE 4652 sho ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 45.95 Percentage Change: + 6.16% Day High: 46.18 Day Low: 42.37

Target met. Further movement against Lloyds Grp. ABOVE 46.18 should impro ……..

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LSE:QED Quadrise. Close Mid-Price: 2.1 Percentage Change: + 0.72% Day High: 2.05 Day Low: 2

Weakness on Quadrise below 2 will invariably lead to 1.9p with secondary ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 356.8 Percentage Change: + 8.29% Day High: 369 Day Low: 347.4

Target met. Further movement against Rolls Royce ABOVE 369 should improve ……..

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

#FTSE #GOLD Styling themselves as 175 years old, Inchcape were actually formed by a local lad from here in Argyll, his company exploits being worth – at very least – a visit to Wikipedia. We’d no idea how seriously large Inchcape are, active multinationally and regarded as the worlds leading automotive distributor. Needless to say, their original name was MacKinnon Mackenzie Ltd, giving away their Scottish roots despite now being based in India, thousands of miles away from Scotlands ‘wonderful’ climate.

The company are currently considering selling their UK car retail unit and this is perhaps why it appears to be punted as a “Strong Buy” by some analysts. Given such a sale looks like being a drop in the ocean with Inchcape’s overall wealth, the jury remains out on such a sentiment but the share price doesn’t need a huge charge to hopefully trigger some upward travel. Just to spice things up and cause confusion, we’ve circled something strange which happened last July. The market decided it was someone’s birthday with the share price running free until the big hammer came out, knocking it back into place. Perhaps the implication behind this set of circumstances is an expectation Inchcape share price shall do jolly well in the future, if they’d only off-load their UK retail division which is being smothered under a legislation happy government. For instance, it’s rarely mentioned the UK needs to replace more corroded brake pipes on vehicles than the rest of Europe clubbed together. The reason is simple, MoT testers used to scrape a brake pipe to see if shiny metal was present. Unfortunately, similar to poking a chassis with a screwdriver, this sort of thing is no longer allowed as it could “damage” the vehicle, thus creating a situation where MoT testers routinely fail vehicles for corrosion, due to their inability to actually see corrosion as they’re not allowed to poke or prod.

Then again, maybe Inchcape just was to escape the messy world of car retail, never the worst cunning plan!

 

We’re not entirely confident about the “Strong Buy” status being allocated to the company, due to the chart visuals suggesting the converse presently, even despite the circled upward break last year. Currently trading around 664p, the share price needs below 643p to trigger a dashboard warning light, suggesting imminent reversal to 592p and a possible bounce. Should 592p break, we suspect any rebound shall prove short lived as our secondary at a hopeful bottom of 537p calculates as possible. Extreme danger awaits with closure below 537 as this shall suggest the long term uptrend has failed, allowing reversal to an ultimate bottom of 404p.

Of course, perhaps we’re just being a little hysterical due to a historical dislike of the motor trade. Currently, Inchcape only need exceed 700p to better Blue, ideally triggering recovery to an initial 744p with secondary, if beaten, up at a more useful longer term 813p. For various reasons, we suspect some hesitation at such a level, if only due to all the folk who were suckered in last July by the momentary share price spike opting to engage their brains and sell.

 

Who knows, perhaps we’re reading the tea leaves incorrectly and the pundits know something we don’t…

 

 

 

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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
10:17:05PM	BRENT	8242.7
10:21:21PM	GOLD	2025.72	2020	2018	2016	2027	2027	2029	2032	2024
10:24:31PM	FTSE	7664.5	7637	7600	7550	7670	7676	7699	7708	7652	Success
10:27:55PM	STOX50	4795									Success
10:40:56PM	GERMANY	17182									Success
10:44:01PM	US500	5004.5									Shambles
10:47:10PM	DOW	38563
10:50:22PM	NASDAQ	17649									‘cess
10:55:09PM	JAPAN	38773									Shambles

 

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%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

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:AVCT Avacta** **LSE:CLAI Cellular Goods** **LSE:EMG MAN** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:IHG Intercontinental Hotels Group** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Aviva, Cellular Goods, MAN, Gulf Keystone, Glencore Xstra, Greggs, Intercontinental Hotels Group, Zoo Digital,

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LSE:AV. Aviva. Close Mid-Price: 445.6 Percentage Change: + 0.41% Day High: 447.1 Day Low: 441.6

Further movement against Aviva ABOVE 447.1 should improve acceleration to ……..

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LSE:AVCT Avacta Close Mid-Price: 87.5 Percentage Change: -4.37% Day High: 91.5 Day Low: 87

Continued weakness against AVCT taking the price below 87 calculates as l ……..

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LSE:CLAI Cellular Goods. Close Mid-Price: 0.41 Percentage Change: + 8.80% Day High: 0.4 Day Low: 0.38

Unless this makes it above 0.48p, it is not going to be worth reviewing. ……..

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LSE:EMG MAN. Close Mid-Price: 237.9 Percentage Change: + 0.76% Day High: 238.8 Day Low: 236.2

Getting a little interesting, movement next above 244 should make an attem ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 94.8 Percentage Change: -0.89% Day High: 98 Day Low: 93.4

In the event Gulf Keystone experiences weakness below 93.4 it calculates ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 386.05 Percentage Change: -1.11% Day High: 390.95 Day Low: 365.45

Target met. In the event Glencore Xstra experiences weakness below 365.45 ……..

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LSE:GRG Greggs Close Mid-Price: 2780 Percentage Change: -1.07% Day High: 2818 Day Low: 2774

Continued trades against GRG with a mid-price ABOVE 2818 should improve t ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8530 Percentage Change: + 2.35% Day High: 8520 Day Low: 8284

Further movement against Intercontinental Hotels Group ABOVE 8520 should ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 27.25 Percentage Change: -1.80% Day High: 27.75 Day Low: 27.25

In the event Zoo Digital experiences weakness below 27.25 it calculates w ……..

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

#Stoxx50 ‘Nasdaq We’ve always been quite fond of Qinetic, partially due to the company once renting a house from us in Ross-shire, Scotland. The reason they needed somewhere for their scientists was the proximity of the missile testing range and back then, we’d given priority to having wireless broadband, a facility very few people offered at that time. And of course, the small boy within will always admire a company who mess around test firing rockets and missiles.

While Qinetiq are obviously in the military supply field, there is an interesting parallel between their test range and something which actually happened between two islands off the coast of Ross-shire. In 1934 or so, someone in the Post Office received a proposal to speedily deliver mail between the islands, a process which could (and still can) be haphazard thanks to the Scottish weather. The idea was fairly simple, the village postman would stuff a few thousand letters in a tube, take aim, light the fuse, and run. The rocket was to fly unerringly between the isle of Harris and another island called Scarp but the first two attempts failed, the first with an explosion and fire, the second actually getting airborne but blew up on the beach.

The scientist behind the effort, a German chap, returned to his home country and later became a member of the country’s V2 rocket program. In Scotland, some singed and burnt remnants of the failed mail delivery are on display in the island museum.  But the spirit of the effort lives on, Qinetiq opting to use the area to test their military products, presumably without including mail.

 

As for Qinetiq share price, there’s certainly plenty happening in the world which will require military to stock up on their products. Given events in Israel, perhaps Qinetiq shall abandon Scotland to experiment in abandoned coal mines in Wales, trying out underground missiles…

When we review their price movements this year and month, the share hasn’t been achieving any interesting higher highs but has exceeded the Blue downtrend since 2022, always an essential initial tickbox for price gains. The next stage, according to our rule book, comes when the share price achieves a solid higher high, after breaking a trend. In the case of Qinetiq this is a demand the share price close a session above 380p, by an amusing coincidence also our initial target back in 2022.

Closure above 380p or perhaps intraday trades now above 383p should next trigger share price movement to an initial smug looking 418p. Our longer term secondary works out at 446p.

 

For things to go horribly wrong, their share price currently needs below 325p and this risks triggering reversal to an initial 261p with secondary, if broken, a hopeful bottom at an eventual 238p. For now, our inclination is to anticipate the best for Qinetiq but then again, we like the company and their share price history of meeting our targets.

 

 

 

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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
9:57:36PM	BRENT	8189
10:00:33PM	GOLD	2024.02
10:03:42PM	FTSE	7715.4									‘cess
10:10:56PM	STOX50	4759	4743	4738	4728	4762	4768	4775	4784	4755
10:13:53PM	GERMANY	17063
10:18:12PM	US500	4975.1
10:21:31PM	DOW	38602.5									‘cess
10:24:29PM	NASDAQ	17521.5	17400	17322	17082	17618	17663	17729	17840	17500	Success
10:27:10PM	JAPAN	38296	38115	38000	37750	38237	38564	38629	38800	38439	‘cess

 

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%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

12/02/2024 FTSE Closed at 7573 points. Change of 0.01%. Total value traded through LSE was: £ 4,767,866,668 a change of -14.99%

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:BARC Barclays** **LSE:CNA Centrica** **LSE:FRES Fresnillo** **LSE:GRG Greggs** **LSE:HSBA HSBC** **LSE:IHG Intercontinental Hotels Group** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **

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Updated charts published on : Aston Martin, Aviva, Barclays, Centrica, Fresnillo, Greggs, HSBC, Intercontinental Hotels Group, Rolls Royce, Star Energy,

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LSE:AML Aston Martin. Close Mid-Price: 165.7 Percentage Change: + 0.00% Day High: 169.1 Day Low: 162.7

In the event Aston Martin experiences weakness below 162.7 it calculates ……..

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LSE:AV. Aviva. Close Mid-Price: 443.8 Percentage Change: + 3.14% Day High: 443.3 Day Low: 436.1

Continued trades against AV. with a mid-price ABOVE 443.3 should improve ……..

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LSE:BARC Barclays. Close Mid-Price: 161.8 Percentage Change: + 8.59% Day High: 162.98 Day Low: 154.88

Target met. In the event of Barclays enjoying further trades beyond 162.9 ……..

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LSE:CNA Centrica. Close Mid-Price: 133.4 Percentage Change: + 1.99% Day High: 134.55 Day Low: 128.7

In the event Centrica experiences weakness below 128.7 it calculates with ……..

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LSE:FRES Fresnillo Close Mid-Price: 473 Percentage Change: -0.94% Day High: 478.6 Day Low: 460.9

Continued weakness against FRES taking the price below 460.9 calculates a ……..

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LSE:GRG Greggs. Close Mid-Price: 2810 Percentage Change: + 0.36% Day High: 2812 Day Low: 2778

Further movement against Greggs ABOVE 2812 should improve acceleration to ……..

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LSE:HSBA HSBC. Close Mid-Price: 643.8 Percentage Change: + 0.88% Day High: 644.1 Day Low: 636

Target met. In the event of HSBC enjoying further trades beyond 644.1, th ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8334 Percentage Change: + 5.36% Day High: 8418 Day Low: 7772

Target met. Continued trades against IHG with a mid-price ABOVE 8418 shou ……..

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LSE:RR. Rolls Royce Close Mid-Price: 330.5 Percentage Change: -1.11% Day High: 335.4 Day Low: 330.1

Continued trades against RR. with a mid-price ABOVE 335.4 should improve ……..

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LSE:STAR Star Energy. Close Mid-Price: 7.48 Percentage Change: + 0.00% Day High: 7.22 Day Low: 7.2

Target met. Weakness on Star Energy below 7.2 will invariably lead to 6.8 ……..

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

#Gold #SP500 This one is a little complex, thanks to the company pulling a 20:1 share split stunt. When we previously reviewed the share in 2023, we’d what we called a “grim argument” which produced the potential for a bottom of 52p. So, when it closed at 1122p last December 19th, dividing 1122p by 20 gives a closing price of a real 56.1p, giving us loads of comfort the share price had found a bottom above our ultimate bottom at 52p.

This gift provided a warm fuzzy feeling which lasted almost a month, when everything for the company which describes itself as “producing, transporting, and marketing primarily Natural Gas and Natural Gas liquids from existing assets in the USA.” This, while sounding quite grand, is actually a bit of a problem, due to Natural Gas now trading at its lowest level since the start of 2020. This salient detail is being ignored by energy companies keen to protect the artificially inflated prices currently being charged but we suspect the markets are perfectly aware of the damage being inflicted on the bottom line of producers. Currently at 1592 cents, the price of Natural Gas looks perfectly capable of enjoying eventual reversal to a bottom around 680 cents, a potentially remarkable reversal from the high at 10,000 cents in August 2022, when energy prices provoked a headless chicken dance.

Assuming a correlation exists between the paid being experienced by Diversified Energy’s share price and the collapse in Natural Gas prices, we can now speculate on the potential of weakness below 822p now provoking reversal to an eventual new ultimate bottom of 301p – or 15p for those still smarting from the share price adjustment.

If there are to be any miracles, above 1042p currently calculates with the potential of a lift to 1117p with our longer term secondary, if bettered, at a hopeful future 1615p. However, we are concerned at the direct correlation between the drop potentials for gas pricing, showing with an almost identical reversal ratio to that being shown for Diversified’s share price.

 

 

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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
10:42:58PM	BRENT	8295
10:46:23PM	GOLD	2017.62	2011	2008	2003	2019	2032	2051	2073	2011	‘cess
10:52:07PM	FTSE	7739.2
10:56:01PM	STOX50	4761.5
10:58:00PM	GERMANY	17079.8
11:00:17PM	US500	5009.8	5004	4988	4969	5015	5015	5021	5028	5004
11:03:10PM	DOW	38635.5
11:06:59PM	NASDAQ	17724.7
11:09:24PM	JAPAN	38536

 

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

12/02/2024 FTSE Closed at 7573 points. Change of 0.01%. Total value traded through LSE was: £ 4,767,866,668 a change of -14.99%

9/02/2024 FTSE Closed at 7572 points. Change of -0.3%. Total value traded through LSE was: £ 5,608,670,910 a change of 3.17%

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:AVCT Avacta** **LSE:CNA Centrica** **LSE:GRG Greggs** **LSE:IHG Intercontinental Hotels Group** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Avacta, Centrica, Greggs, Intercontinental Hotels Group, Rolls Royce, Zoo Digital,

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LSE:AML Aston Martin Close Mid-Price: 165.7 Percentage Change: -2.30% Day High: 168.5 Day Low: 163.3

Target met. Continued weakness against AML taking the price below 163.3 c ……..

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LSE:AVCT Avacta Close Mid-Price: 93.5 Percentage Change: -0.53% Day High: 95 Day Low: 89.5

Target met. If Avacta experiences continued weakness below 89p, it will i ……..

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LSE:CNA Centrica Close Mid-Price: 130.8 Percentage Change: -5.97% Day High: 138.85 Day Low: 130.5

Continued weakness against CNA taking the price below 130.5 calculates as ……..

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LSE:GRG Greggs. Close Mid-Price: 2800 Percentage Change: + 0.29% Day High: 2810 Day Low: 2782

All Greggs needs are mid-price trades ABOVE 2810 to improve acceleration ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7910 Percentage Change: + 1.93% Day High: 7934 Day Low: 7728

Target met. In the event of Intercontinental Hotels Group enjoying furthe ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 334.2 Percentage Change: + 3.37% Day High: 334.1 Day Low: 322

Target met. All Rolls Royce needs are mid-price trades ABOVE 334.1 to imp ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 27.7 Percentage Change: -3.65% Day High: 29 Day Low: 27.75

Continued weakness against ZOO taking the price below 27.75 calculates as ……..

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

#Brent #Stoxx50 It’s hard to feel irritated at the news a further tranche of bank branches are being closed. Growing up with the family business being retail, I think we all became inured to the odious task of depositing the takings at the bank, the thrill of dropping off 5 figure cash amounts on a Monday morning quickly becoming a job everyone tried to avoid. It wasn’t for security reasons or anything so sensible, just a case everyone hated the job and, to be fair, it’s probable the bank staff felt the same way. Thankfully, credit card readers quickly caught on, massively reducing the cash headache from the petrol stations and allowing the daily “bank run” to become a task for a couple of times a week.

So when news broke the biggest bank branch in our local small town was closing, along with invitations to “sign” the inevitable petition, it was difficult to feel sympathy. Personally, with no requirement to visit the branch in person for at least five years, it was understandable why it was closing down. When previously visiting, there were plenty of signals it was going to be on a corporate hit list, not least being the fact it was only open half day for most of the week and even entirely closed on a Wednesday. The only big problem came, when the “cost of living” crisis erupted and we discovered a £1,500 debt with our electricity company. As in, they’d been using estimates for a while and they owed us £1,500, along with a substantial reduction in the monthly debit. Without delay, the company issued us a cheque, one we couldn’t deposit at the bank branch, ‘cos it’s now closed. A sign in the window directed us to the Post Office, an easy job as there’s a branch on the way home, one where the owner hasn’t been charged with theft. Of course, our local Post Office, in true highland style, didn’t have the correct pay in slips for Halifax, requiring another attempt in a couple of days. In Argyll, it’s writ large to never expect anything for the next day, the ferry requirement always adding 24 hours to any delivery. Or, if expecting a local tradesman…

 

Lloyds, due to release some figures this Thursday, should doubtless follow the example set by Natwest. But the car finance investigation risks biting them in the future as Black Horse are big in the car finance field. Quite what level of exposure they face is obviously unknown but the company shall invariably make an allowance in their figures, giving plenty of time for rumour and nerves to damage the share price. A glance at recent Lloyds movements tends suggest the presence of some optimism for the near term, above 43.35 suggesting the near term potential of a lift to an initial 45.15p. Our longer term secondary, should this level be exceeded, works out at 50.7p and visually, this is pretty attractive, creating the potential of a higher high, along with a break of the downtrend since 2019.

For things to go pear shaped, Lloyds now needs below 40.25 to ring alarm bells, calculating with the potential of reversal to around 35p with secondary, if broken, now at 30.7 and hopefully a bottom.

Our inclination is toward optimism for Lloyds.

 

 

 

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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
9:39:49PM	BRENT	8288.4	8064	8021	7918	8244	8321	8356	8424	8272
9:42:38PM	GOLD	2012.97
9:45:14PM	FTSE	7698
9:47:25PM	STOX50	4747.6	4731	4714	4691	4763	4783	4792	4811	4746
9:51:25PM	GERMANY	17072.9
9:53:59PM	US500	4999.5
9:56:29PM	DOW	38574
9:58:47PM	NASDAQ	17659.9
10:27:32PM	JAPAN	38243

 

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

12/02/2024 FTSE Closed at 7573 points. Change of 0.01%. Total value traded through LSE was: £ 4,767,866,668 a change of -14.99%

9/02/2024 FTSE Closed at 7572 points. Change of -0.3%. Total value traded through LSE was: £ 5,608,670,910 a change of 3.17%

8/02/2024 FTSE Closed at 7595 points. Change of -0.43%. Total value traded through LSE was: £ 5,436,383,411 a change of -4.43%

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:AVCT Avacta** **LSE:CAR Carclo** **LSE:FOXT Foxtons** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Avacta, Carclo, Foxtons, Greggs, Hikma, HSBC, Zoo Digital,

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LSE:AML Aston Martin Close Mid-Price: 169.6 Percentage Change: -1.17% Day High: 174 Day Low: 169.7

Weakness on Aston Martin below 169.7 will invariably lead to 163p with se ……..

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LSE:AVCT Avacta Close Mid-Price: 94 Percentage Change: -2.08% Day High: 96 Day Low: 93.5

Weakness on Avacta below 93.5 will invariably lead to 89p with secondary ……..

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LSE:CAR Carclo Close Mid-Price: 8.33 Percentage Change: -5.34% Day High: 8 Day Low: 8

If Carclo experiences continued weakness below 8, it will invariably lead ……..

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LSE:FOXT Foxtons. Close Mid-Price: 60.1 Percentage Change: + 2.74% Day High: 59.8 Day Low: 58

Target met. All Foxtons needs are mid-price trades ABOVE 59.8 to improve ……..

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LSE:GRG Greggs. Close Mid-Price: 2792 Percentage Change: + 1.45% Day High: 2804 Day Low: 2764

Target met. In the event of Greggs enjoying further trades beyond 2804, t ……..

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LSE:HIK Hikma. Close Mid-Price: 1987.5 Percentage Change: + 0.03% Day High: 2006 Day Low: 1981.5

All Hikma needs are mid-price trades ABOVE 2006 to improve acceleration t ……..

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LSE:HSBA HSBC. Close Mid-Price: 638.8 Percentage Change: + 1.95% Day High: 639.6 Day Low: 627.6

Continued trades against HSBA with a mid-price ABOVE 639.6 should improve ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 28.75 Percentage Change: -3.36% Day High: 29.75 Day Low: 28.75

Weakness on Zoo Digital below 28.75 will invariably lead to 24.5p with se ……..

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

#FTSE #GOLD There’s a funny thing about the UK, a facet of the countries nature which maybe dates back to the 1970’s and continues to this day. A country with fuel shortages, food shortages, strikes everywhere, opted to accept power cuts, just to add icing on the cake and increase the overall misery. It was apparently called the winter of discontent but the sentiment seems to continue. News of the UK officially entering recession, obviously not a surprise as the BoE caused it, made it a perfect time for a corporate success story like Close Brothers to be forced to announce they are scrapping their dividend. This due to potential action by “The City Watchdog” regarding car finance. Their share price, already low, suffered yet another kicking as the people who suffer are shareholders, a breed the city doesn’t seem to care about!

We constantly carp about how poorly the FTSE performs, when compared with other major markets. Surely part of the reason must be self flagellation as it seems clear since the financial crisis, there’s nothing the media and politicians appear to like more than a feeding frenzy against an invented enemy. And Close Brothers, employing 3,700 staff will be almost certain to announce job losses as they next fight to maintain profit levels. There surely must be a better way of managing such situations rather than what’s being employed. The UK is certainly a country which likes to kick itself, while it’s down.

 

When we previously reviewed Close Brothers, we laid out criteria for reversal to 445p, a target level which has become in footnote in history. When we glance at what’s been happening during January and February this year, it’s impossible to point to a movement and say “That was the 445p day!”, the price reversing faster than a Ferrari F1 driver, when he sees the end of the race approaching. This failure to spot the “445p” moment is quite unusual as usually, a falling knife will acknowledge a target level. Even if we switch to viewing minute by minute price changes, any attempt to define such a thing is fanciful at best.

The implication of such behaviour is we’ve maybe been watching entirely the wrong trend. This being the case, about the best we can now suggest is for weakness below 278p proving capable of triggering further reversals to 190p and a very possible cease in travel. We’re far from confident we can propose a solid bounce from the 190p level but our secondary calculation of 88p almost looks too silly to believe. But Close Brothers are currently trading at a level not seen since 1996.

 

As for the FTSE for FRIDAY, this week has been difficult, leading to a suspicion the FTSE, when it closes for the day at 16.30, returns to a Lunatic Asylum. By most standards, the markets have been horrible, which when paired with reduced volumes on the FTSE, makes us surprised to express some optimism for the near future. Currently, above 7613 calculates with the potential of a lame lift to an initial 7633 points with our secondary, if bettered, at 7722 and an escape from the current drop zone. If triggered,. our tightest stop loss looks like 7562 points.

 

Our converse scenario threatens weakness below 7562 as being capable of provoking reversal to an initial 7526 points with our longer term secondary, if broken, working out at 7509 points.

Have a good weekend. Only 2 weeks until the first F1 race of 2024

 

 

 

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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
8:43:45PM	BRENT	8255	8220	8201		8270	8294	8364		8220	Sorry
9:08:02PM	GOLD	2004.48	1985	1975		1996	2009	2014		1999	Success
9:11:08PM	FTSE	7626	7561	7539		7591	7633	7640		7597
9:13:51PM	STOX50	4760.4	4720	4701		4747	4765	4777		4749	‘cess
9:16:09PM	GERMANY	17106.7	16967	16910		17069	17116	17154		17005	Success
9:18:07PM	US500	5032.9	4998	4993		5015	5035	5047		5005	‘cess
9:20:29PM	DOW	38762	38431	38297		38611	38779	39107		38603	Success
9:22:39PM	NASDAQ	17889.1	17717	17674		17817	17902	18082		17770	‘cess
9:25:04PM	JAPAN	38636	37940	37721		38280	38657	38803		38264	Success

 

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

12/02/2024 FTSE Closed at 7573 points. Change of 0.01%. Total value traded through LSE was: £ 4,767,866,668 a change of -14.99%

9/02/2024 FTSE Closed at 7572 points. Change of -0.3%. Total value traded through LSE was: £ 5,608,670,910 a change of 3.17%

8/02/2024 FTSE Closed at 7595 points. Change of -0.43%. Total value traded through LSE was: £ 5,436,383,411 a change of -4.43%

7/02/2024 FTSE Closed at 7628 points. Change of -0.69%. Total value traded through LSE was: £ 5,688,534,403 a change of 1.67%

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…

---

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

Click Epic to jump to share: LSE:EXPN Experian** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IHG Intercontinental Hotels Group** **LSE:JET Just Eat** **LSE:QED Quadrise** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Experian, Greggs, Hikma, Intercontinental Hotels Group, Just Eat, Quadrise, Zoo Digital,

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LSE:EXPN Experian Close Mid-Price: 3355 Percentage Change: -0.12% Day High: 3420 Day Low: 3357

Target met. Continued trades against EXPN with a mid-price ABOVE 3420 sho ……..

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LSE:GRG Greggs. Close Mid-Price: 2752 Percentage Change: + 0.81% Day High: 2760 Day Low: 2742

Continued trades against GRG with a mid-price ABOVE 2760 should improve t ……..

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LSE:HIK Hikma. Close Mid-Price: 1987 Percentage Change: + 1.12% Day High: 2000 Day Low: 1957

In the event of Hikma enjoying further trades beyond 2000, the share shou ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 834 Percentage Change: + 0.39% Day High: 845.2 Day Low: 828.8

All Hargreaves Lansdown needs are mid-price trades ABOVE 845.2 to improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7682 Percentage Change: + 0.55% Day High: 7764 Day Low: 7658

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

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LSE:JET Just Eat. Close Mid-Price: 1328 Percentage Change: + 2.00% Day High: 1366 Day Low: 1324

In the event of Just Eat enjoying further trades beyond 1366, the share s ……..

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LSE:QED Quadrise Close Mid-Price: 2.13 Percentage Change: -6.56% Day High: 2.21 Day Low: 2.1

Target met. Continued weakness against QED taking the price below 2.1 cal ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 29.75 Percentage Change: -8.46% Day High: 32.5 Day Low: 29.75

If Zoo Digital experiences continued weakness below 29.75, it will invari ……..

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

#EuroStoxx50 #WallSt The outbreak of price gouging among supermarkets could only have benefited McBride Plc. The company make most of the “Own Brand” products supplied by supermarkets, so when we decide to ditch Fairy Liquid and instead opt for the discount Morrison’s or wherever equivalent, the chances are the plastic bottle contains liquid from McBrides. This facet of their production remains true across a wide range of cleaning products with the result we suspect McBride Plc shall enjoy a rosy future. Even if, personally, the chance of building a spaceship from a Fairy bottle has now gone forever…

 

We’ve a little bit of a puzzle with McBride, their share price “only” reaching and bettering our prior target of 80p and thus far, it shows very little ambition to head toward our then secondary ambition at 108p. This week has seen a faint signal some recovery may be due, our argument unfortunately based around the weak premise of the recent drop to 68p being nothing like as low as we’d expected. Our hope is this implies a degree of hidden strength but the price currently needs exceed 82p to given a hope this shall become a reality.

Above 82p should currently trigger movement to an initial 92p, breaking the price above the ruling Blue downtrend. With closure above this Blue line, we anticipate ongoing traffic in the direction of an initial 111p with our longer term secondary, if bettered, now calculating at 129p.

We’re placing a fair degree of hope in this downtrend, due to the market providing a pretty solid confirmation of its importance during last December and then January. (Shown on the zoomed in chart extract)

 

If things intend go horribly wrong, below 63p looks dangerous, allowing reversals to an initial 58p with secondary, if broken, at 48p and a very possible trampoline bottom. But for now, we’re inclined toward some optimism thanks to the reverence paid to that downtrend, along with the salient detail the recent dip wasn’t as bad as we can calculate.

 

 

 

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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
9:10:18PM	BRENT	8123									Shambles
9:14:27PM	GOLD	1990.28
9:18:02PM	FTSE	7578.4									Success
9:21:22PM	STOX50	4724.1	4675	4643	4608	4695	4732	4744	4773	4700	‘cess
9:24:06PM	GERMANY	16997.8									Success
10:35:01PM	US500	5003.5									‘cess
10:39:22PM	DOW	38434	38197	38013	37707	38288	38465	38524	38687	38365	Shambles
10:42:02PM	NASDAQ	17799									‘cess
10:55:57PM	JAPAN	38101									Success

 

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

12/02/2024 FTSE Closed at 7573 points. Change of 0.01%. Total value traded through LSE was: £ 4,767,866,668 a change of -14.99%

9/02/2024 FTSE Closed at 7572 points. Change of -0.3%. Total value traded through LSE was: £ 5,608,670,910 a change of 3.17%

8/02/2024 FTSE Closed at 7595 points. Change of -0.43%. Total value traded through LSE was: £ 5,436,383,411 a change of -4.43%

7/02/2024 FTSE Closed at 7628 points. Change of -0.69%. Total value traded through LSE was: £ 5,688,534,403 a change of 1.67%

6/02/2024 FTSE Closed at 7681 points. Change of 0.91%. Total value traded through LSE was: £ 5,595,046,133 a change of -6.77%

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:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:QED Quadrise** **

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Updated charts published on : Foxtons, Fresnillo, Greggs, Hikma, Hargreaves Lansdown, Quadrise,

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LSE:FOXT Foxtons. Close Mid-Price: 58.1 Percentage Change: + 0.17% Day High: 58.9 Day Low: 57.2

Target met. Continued trades against FOXT with a mid-price ABOVE 59 shoul ……..

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LSE:FRES Fresnillo Close Mid-Price: 466.5 Percentage Change: -1.12% Day High: 472.8 Day Low: 464

Weakness on Fresnillo below 464 will invariably lead to 436p with seconda ……..

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LSE:GRG Greggs. Close Mid-Price: 2730 Percentage Change: + 1.94% Day High: 2746 Day Low: 2680

Further movement against Greggs ABOVE 2746 should improve acceleration to ……..

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LSE:HIK Hikma. Close Mid-Price: 1965 Percentage Change: + 0.26% Day High: 1983.5 Day Low: 1959

Continued trades against HIK with a mid-price ABOVE 1983.5 should improve ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 830.8 Percentage Change: + 2.19% Day High: 840 Day Low: 814.4

Further movement against Hargreaves Lansdown ABOVE 840 should improve acc ……..

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LSE:QED Quadrise Close Mid-Price: 2.29 Percentage Change: -3.59% Day High: 2.34 Day Low: 2.34

Below 2.34 indicates travel to an initial 2.1 with secondary, when broken, ……..

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