Telecom Plus Plc (LSE:TEP) looking worth watching

#FTSE #SP500 We reviewed this lot back in June 2022 and we’re pleased to note it achieved all three of our ambitions, Telecom Plus reaching our third level of 2340 in November of 2022. The period since hasn’t been particularly kind to the share price, unspooling from a high of 25 quid down to an eventual £13.50. Trading as Utility Warehouse, the company are boasting of record profit levels, doubtless capitalising on the surge of corporate greed when the gloves came off with energy pricing. Hopefully corporate bodies are considering the benefit of a piggy bank, given the experience of China which has seen some record bankruptcy levels, along with sharp deflation making itself felt.

We’re not exactly kidding with this sentiment, suspecting PepsiCo shall prove to be a casualty of corporate greed. In France, Carrefour decided to stop the sale of Pepsi due to their level of unacceptable pricing (presumably not also giving the supermarket chain a suitable splash of the action) and personally, in a totally unscientific survey, I’ve noticed price marked 2 ltr bottles of Pepsi products are gathering dust. Me, I don’t care as our local supermarket has now reduced their “own brand” cola back from 85p to 58p for 2 litres, the price before they jumped on the greed bandwagon.

Maybe this expectation of consumer bite-back contributes to the reasons for Telecom Plus share price reversals, especially as their trading style “Utility Warehouse” exposes them to the risk of energy wars, along with broadband price wars, and of course mobile phone charges. We’re somewhat less positive on their exposure to the insurance sector of their business, given insurance prices never seem to come down. Strangely enough, we actually completely understand their business model as, from a distance, it’s remarkably similar to something quite different we wrote the software for in the 1990’s. Lumping a bunch of major suppliers together, allowing the end user to receive just a single invoice, gives suppliers the ability to streamline their invoicing regime and customers a “one stop shop” with any queries. Our original project worked well and over 25 years later, our software remains in use, thankfully without us.

 

The recent price reversal to 1358p was, from our perspective, arithmetically precise. As a result, this allows us to present 1358p as a potential trigger, should further trouble be planned. Below such a trigger risks provoking reversal down to an initial 1294p with a slight possibility of a bounce. Should such a level break, any bounce is liable to prove fake as our secondary works out at 1155p and hopefully a solid bottom. Given this is a company paying dividends, there’s certainly reason for hope.

However, the perfection of the recent bounce from 1358p, while minimal, does give some hope due to it matching a bottom calculation quite exactly.

For the current bounce to maintain credibility, it needs above 1470p to suggest the potential of movement to an initial 1545p and a break of the immediate Blue downtrend. As in 2022, there’s again a risk of a glass ceiling forming at the 1550 level but this time, we’ve more immediate hope it shall be ignored as our secondary works out at 1740p. And once again, we can calculate a third level ambition, this time at a future 2052p.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:07:28PM BRENT 8231.2 ‘cess
10:11:45PM GOLD 1992.79 ‘cess
10:17:03PM FTSE 7485 7464 7427 7404 7514 7514 7524 7544 7482 Success
10:32:11PM STOX50 4670.2 Success
10:52:54PM GERMANY 16829 Success
10:55:31PM US500 4956 4920 4902 4853 4963 4972 4986 5008 4945 Success
10:57:55PM DOW 38262 Success
11:00:55PM NASDAQ 17626.6 Success
11:04:12PM JAPAN 37679 Success

 

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%
5/02/2024 FTSE Closed at 7612 points. Change of -0.04%. Total value traded through LSE was: £ 6,001,091,520 a change of -6.39%

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:FRES Fresnillo** **LSE:HL. Hargreaves Lansdown** **LSE:ITV ITV** **LSE:SDY Speedyhire** **

********

Updated charts published on : Avacta, Fresnillo, Hargreaves Lansdown, ITV, Speedyhire,


LSE:AVCT Avacta Close Mid-Price: 96 Percentage Change: -2.04% Day High: 98.5 Day Low: 95

In the event Avacta experiences weakness below 95 it calculates with a dr ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***


LSE:FRES Fresnillo Close Mid-Price: 471.8 Percentage Change: -4.38% Day High: 497.1 Day Low: 469

If Fresnillo experiences continued weakness below 469, it will invariably ……..

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***


LSE:HL. Hargreaves Lansdown Close Mid-Price: 813 Percentage Change: -0.56% Day High: 822.4 Day Low: 802.8

Above 828 now looks critical to promote the idea of movement to an initial ……..

Subscribe for more

</p

View Previous Hargreaves Lansdown & Big Picture ***


LSE:ITV ITV Close Mid-Price: 57.32 Percentage Change: -1.98% Day High: 58.86 Day Low: 57.26

Weakness on ITV below 57.26 will invariably lead to 56p with secondary (i ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***


LSE:SDY Speedyhire Close Mid-Price: 26.15 Percentage Change: -0.19% Day High: 26.4 Day Low: 25.8

Continued weakness against SDY taking the price below 25.8 calculates as ……..

Subscribe for more

</p

View Previous Speedyhire & Big Picture ***


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

Frasers Group Plc (LSE:FRAS) and a dusting of optimism

#Gold #Nasdaq A few retailers enjoy a share price trading solidly above its pre-pandemic level with Fraser Group pretty much leading the field. Mr Ashley appears to have discovered the sweet spot between online stores and the correct balance of real stores, their share price now showing some interesting potentials. Currently, the media are reporting extensively on their proposed £80m share buyback. It will surely be the case, as shares from the latest buyback are cancelled, any reduction in the number of shares in issue shall surely – in itself – add pressure to the price for further increases in value.

Currently trading around 822p, at first glance the chart doesn’t exactly set pulses raising, bouncing around a quid above and below the 800p level since the start of 2023. In fact, you don’t need squint terribly hard to also attribute the start of 2022 as the year where the 800p trap was developed. Without doubt, a flat trend line at 800p has formed with every time the share price grew above it by x, the months thereafter saw the value drop below the 800p level by almost exactly -x. The behaviour has certainly been strange but we’re inclined to some hope from our analysis of a year ago. We’d given an upper target of 900p, an ambition Frasers did briefly exceed with the added potential of closing a few sessions above the 900p level. This certainly gives optimism from a Big Picture perspective.

 

The situation now calculates with the potential of movement above 824p hopefully triggering price recovery to an initial 859p with our longer term secondary, if exceeded, working out at 934p and a challenge against the Blue downtrend on the chart below. Our Big Picture potentials should crank open a sleepy eyelid, should the share price ever manage to close above 934p as we’d expect a cycle to commence toward an initial 961p, probably game changing, as our Big Picture secondary calculates at 1142p and a new all time high.

 

As always, we’ve a “however” we can dust down, though we rather doubt it. The share price needs decline below 778p to ring alarm bells, risking triggering share reversals to an initial 639p with secondary, if broken, at 578p and hopefully a rebound. The implications below such a level risk being seriously messy.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:26:08PM BRENT 8182.5
9:30:03PM GOLD 2019.71 2012 2003 1989 2022 2028 2033 2040 2018 ‘cess
9:32:16PM FTSE 7576.5
9:36:02PM STOX50 4723.5 Shambles
9:42:38PM GERMANY 16987 ‘cess
9:45:03PM US500 5015.7
9:48:55PM DOW 38776 ‘cess
9:53:35PM NASDAQ 17841.2 17835 17762 17668 17908 17911 17928 17959 17860 Shambles
9:57:39PM JAPAN 37431 Success

 

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%
5/02/2024 FTSE Closed at 7612 points. Change of -0.04%. Total value traded through LSE was: £ 6,001,091,520 a change of -6.39%
4/02/2024 FTSE Closed at 7615 points. Change of 0%. Total value traded through LSE was: £ 6,410,714,874 a change of 39.22%

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

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

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

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

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


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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BT.A British Telecom** **LSE:EXPN Experian** **LSE:GRG Greggs** **LSE:IHG Intercontinental Hotels Group** **LSE:VOD Vodafone** **

********

Updated charts published on : Avacta, Astrazeneca, British Telecom, Experian, Greggs, Intercontinental Hotels Group, Vodafone,


LSE:AVCT Avacta Close Mid-Price: 98 Percentage Change: -2.00% Day High: 99.5 Day Low: 96.5

Target met. Continued weakness against AVCT taking the price below 96.5 c ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***


LSE:AZN Astrazeneca Close Mid-Price: 9501 Percentage Change: -2.66% Day High: 9734 Day Low: 9461

Target met. In the event Astrazeneca experiences weakness below 9461 it c ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***


LSE:BT.A British Telecom Close Mid-Price: 104.5 Percentage Change: -0.43% Day High: 105.6 Day Low: 101.7

Target met. If British Telecom experiences continued weakness below 101.7 ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***


LSE:EXPN Experian. Close Mid-Price: 3380 Percentage Change: + 0.66% Day High: 3394 Day Low: 3366

Further movement against Experian ABOVE 3394 should improve acceleration ……..

Subscribe for more

</p

View Previous Experian & Big Picture ***


LSE:GRG Greggs. Close Mid-Price: 2726 Percentage Change: + 0.89% Day High: 2738 Day Low: 2708

All Greggs needs are mid-price trades ABOVE 2738 to improve acceleration ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7734 Percentage Change: + 0.78% Day High: 7756 Day Low: 7664

Further movement against Intercontinental Hotels Group ABOVE 7756 should ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:VOD Vodafone. Close Mid-Price: 64.25 Percentage Change: + 2.03% Day High: 63.85 Day Low: 62.71

Weakness on Vodafone below 62.71 will invariably lead to 60p with seconda ……..

Subscribe for more

</p

View Previous Vodafone & Big Picture ***


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

Natwest Group Plc (LSE:NWG) important thoughts

#Brent #Dax As Mr Farage’s favourite bank are due to release their annual results this week, it’s doubtless worth taking yet another Big Picture review of the share price potentials, especially as the share price has managed to close above our crucial 225p on a couple of occasions. With surprise generosity, the market opted confirm our arithmetic by gapping the share value down from 225p on 1st February. We immediate questioned whether this was a strategy to stop it moving too fast.

According to the media, groaning under the usual weight of leaks prior to the banks Earnings Report, Natwest are expected to reveal their most profitable year, since it was effectively nationalised thanks to the financial crash. Additionally, they are due to pay staff bonus’s at slightly less than 2023’s value and better still, there’s the expectation the UK government shall dump their remaining 35% share in the bank in a mass market share sale, perhaps are early as June of this year. This perhaps has the potential of kick starting some true recovery for the share price as it isn’t the case the share count is being diluted. Instead, the leaden hand of the UK Government Investment arm will be seen as giving up control of a huge swathe of shares which are already in existence.

Hopefully this, along with a decent set of results, shall lay the groundwork for Natwest to actually do something useful.

 

It now appears to be the case where above 229.1p should prove capable of triggering a lift to an initial 240p with our longer term secondary, if bettered, calculating at a future 290p. The idea of a visit to 290p isn’t very exciting as it doesn’t even challenge the highs of the false dawn back in 2023. However, such an ambition would take the share price above its high, pre-pandemic, and we strongly suspect this will provide a firm signal for share motivation in coming months, especially as our third level of ambition works out at a future 395p, a hope which doesn’t look entirely ridiculous.

 

Now we’ve gotten all the reasons for optimism out of the way, there remains a tiny little detail crying out for consideration. Natwest share price remains trading below Red on the chart, now needing above 230p to suggest it has all been a mistake and things should get better  While an amazing degree of respect is being paid to the Blue downtrend which dates back to 2007, we dare not conclude this are about to get better. Below 203p now calculates with the risk of reversal to an initial 193 with secondar, if broken, an eventual 182 and hopefully a bounce.

 

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

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
4:59:50PM BRENT 8177.7 8107 8077 8026 8172 8232 8355 8587 8105
5:05:27PM GOLD 2024.22
8:52:28PM FTSE 7292.9
8:55:05PM STOX50 4726
8:58:40PM GERMANY 16957.4 16905 16863 16808 16946 16994 17034 17088 16938
9:03:38PM US500 5023.7
9:11:28PM DOW 38629
9:18:36PM NASDAQ 17954.5
9:21:21PM JAPAN 37121

 

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%
5/02/2024 FTSE Closed at 7612 points. Change of -0.04%. Total value traded through LSE was: £ 6,001,091,520 a change of -6.39%
4/02/2024 FTSE Closed at 7615 points. Change of 0%. Total value traded through LSE was: £ 6,410,714,874 a change of 39.22%
2/02/2024 FTSE Closed at 7615 points. Change of -0.09%. Total value traded through LSE was: £ 4,604,656,485 a change of -16.86%

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:BT.A British Telecom** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:STAR Star Energy** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : British Telecom, Centrica, Experian, Glencore Xstra, IQE, ITV, Star Energy, Vodafone, Zoo Digital,


LSE:BT.A British Telecom Close Mid-Price: 104.95 Percentage Change: -0.71% Day High: 106.35 Day Low: 104.5

In the event British Telecom experiences weakness below 104.5 it calculat ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***


LSE:CNA Centrica. Close Mid-Price: 133.4 Percentage Change: + 0.04% Day High: 133.85 Day Low: 131.4

Weakness on Centrica below 131.4 will invariably lead to 100p with second ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***


LSE:EXPN Experian. Close Mid-Price: 3358 Percentage Change: + 0.60% Day High: 3391 Day Low: 3333

Target met. All Experian needs are mid-price trades ABOVE 3391 to improve ……..

Subscribe for more

</p

View Previous Experian & Big Picture ***


LSE:GLEN Glencore Xstra Close Mid-Price: 385.05 Percentage Change: -2.96% Day High: 395.25 Day Low: 383

Target met. Continued weakness against GLEN taking the price below 383 ca ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***


LSE:IQE IQE. Close Mid-Price: 24.7 Percentage Change: + 8.10% Day High: 25.45 Day Low: 22.85

Target met. Continued trades against IQE with a mid-price ABOVE 26p shoul ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***


LSE:ITV ITV Close Mid-Price: 57.86 Percentage Change: -1.23% Day High: 58.6 Day Low: 57.52

If ITV experiences continued weakness below 57.52, it will invariably lea ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***


LSE:STAR Star Energy Close Mid-Price: 7.63 Percentage Change: -1.48% Day High: 0 Day Low: 0

In the event Star Energy experiences weakness below 7.47 it calculates wi ……..

Subscribe for more

</p

View Previous Star Energy & Big Picture ***


LSE:VOD Vodafone Close Mid-Price: 62.97 Percentage Change: -0.85% Day High: 63.91 Day Low: 62.96

If Vodafone experiences continued weakness below 62.96, it will invariabl ……..

Subscribe for more

</p

View Previous Vodafone & Big Picture ***


LSE:ZOO Zoo Digital Close Mid-Price: 33.4 Percentage Change: -1.76% Day High: 34.5 Day Low: 31.75

In the event Zoo Digital experiences weakness below 31.75 it calculates w ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***


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

Our internationally popular FTSE for FRIDAY (FTSE:UKX)

#Gold #SP500 Our exercise, taking a glance at how things have gone since the pre-pandemic highs, dropped us into an interesting area of analysis. For instance, the FTSE is currently stalled, almost exactly at pre-pandemic levels. Whereas the DAX is 81% above levels when it all went wrong and the DOW is 75% higher. Even France is 80% higher that its level, prior to the artificial pandemic drop.

But what really surprises us to a degree is how the FTSE is behaving. It hit the level of the markets at the start of 2022 and this sort of thing will generally provoke some stutters, the markets rarely missing the chance to pretend a glass ceiling exists. The S&P500, when it ran into this illusory barrier back in 2020, it hesitated for almost four months before accelerating upward. Even France in 2021 hesitated for the entire month of March! But the FTSE has stuttered around the 7500 point level for a record breaking 25 months.

Australia is an unusual case, currently at 7615 points and 10% above its pre-pandemic level, managed to spend a couple of years wasting everyones time, pretending it was about to go up. Now, thankfully, the index has started to achieve some higher highs, making us suspect it has now entered a longer term cycle to an eventual 8300 points. But the UK continues to languish, failing to achieve any sort of lasting break upward. The situation now demands the index better 8047, the high in 2023, before we dare believe some proper growth is underway.

Actually, for the UK, the situation is far worse as there’s a problem which dates back to 2017. Visually, the FTSE has spent most of the last 7 years flapping around between roughly the 7000 and 8000 point levels, aside from the 2020 drop which appears to have been internationally agreed manipulation across all markets.

Near term for the FTSE, we’re not overwhelmed with optimism and instead suspect near term movements below 7593 shall provoke reversal to an initial 7567 points with secondary, if broken, at 7624 along with some hope for a rebound. If triggered, the tightest stop is almost suspicious at just 7620 points.

If the market intends behave itself, above 7620, ideally not with an upward spike in the opening seconds of trade, should place the market in a position where recovery to an initial 7665 works out as possible. Should such a level be exceeded, our secondary works out at 7689 points and possible hesitation. The market needs better 7725 to suggest a break through the Blue downtrend, potentially changing the rules and making 7757 a distinct possibility sometime in the future.

Have a good weekend.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:57:29PM BRENT 8162 7995 7944 8098 8177 8361 8010 Success
8:59:49PM GOLD 2032.72 2020 2012 2032 2038 2045 2028 Success
9:03:28PM FTSE 7612.6 7605 7585 7622 7654 7683 7624 ‘cess
9:08:20PM STOX50 4702.1 4677 4668 4700 4721 4742 4696 Success
9:10:26PM GERMANY 16967 16887 16863 16951 17030 17073 16980
9:41:02PM US500 4996.9 4968 4954 4990 5003 5015 4987
9:42:57PM DOW 38715.5 38539 38506 38650 38755 38836 38683
9:44:54PM NASDAQ 17780.2 17711 17679 17768 17817 17830 17770
9:47:29PM JAPAN 37120 36786 36672 36977 37152 37477 36934 Success
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%
5/02/2024 FTSE Closed at 7612 points. Change of -0.04%. Total value traded through LSE was: £ 6,001,091,520 a change of -6.39%
4/02/2024 FTSE Closed at 7615 points. Change of 0%. Total value traded through LSE was: £ 6,410,714,874 a change of 39.22%
2/02/2024 FTSE Closed at 7615 points. Change of -0.09%. Total value traded through LSE was: £ 4,604,656,485 a change of -16.86%
1/02/2024 FTSE Closed at 7622 points. Change of -0.1%. Total value traded through LSE was: £ 5,538,356,181 a change of -5.22%

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

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

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

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

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


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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:AZN Astrazeneca** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:IHG Intercontinental Hotels Group** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Astrazeneca, Foxtons, Gulf Keystone, Glencore Xstra, Intercontinental Hotels Group, Rolls Royce, Zoo Digital,


LSE:AML Aston Martin Close Mid-Price: 172 Percentage Change: -1.15% Day High: 174.7 Day Low: 170

If Aston Martin experiences continued weakness below 170, it will invaria ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***


LSE:AZN Astrazeneca Close Mid-Price: 9823 Percentage Change: -6.36% Day High: 10490 Day Low: 9700

Target met. Weakness on Astrazeneca below 9700 will invariably lead to 96 ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***


LSE:FOXT Foxtons. Close Mid-Price: 57.5 Percentage Change: + 1.95% Day High: 58 Day Low: 56.5

Target met. In the event of Foxtons enjoying further trades beyond 58, th ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:GKP Gulf Keystone Close Mid-Price: 97.9 Percentage Change: -1.61% Day High: 99 Day Low: 94.2

Target met. Continued weakness against GKP taking the price below 94.2 ca ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***


LSE:GLEN Glencore Xstra Close Mid-Price: 396.8 Percentage Change: -1.39% Day High: 404.7 Day Low: 396.25

Weakness on Glencore Xstra below 396.25 will invariably lead to 386p with ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***


LSE:IHG Intercontinental Hotels Group Close Mid-Price: 7634 Percentage Change: -0.10% Day High: 7734 Day Low: 7568

Continued trades against IHG with a mid-price ABOVE 7734 should improve t ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:RR. Rolls Royce Close Mid-Price: 317.7 Percentage Change: -1.61% Day High: 325.2 Day Low: 316.6

In the event of Rolls Royce enjoying further trades beyond 325.2, the sha ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


LSE:ZOO Zoo Digital Close Mid-Price: 34 Percentage Change: -1.45% Day High: 34.5 Day Low: 33.75

Continued weakness against ZOO taking the price below 33.75 calculates as ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***


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

International Consolidated Airlines Group (LSE:IAG), the flying brick…

#Gold #Stoxx50 One of the baseline positions we take in deciding how well a specific share is doing is pretty simple. Is it trading above its price level, pre-pandemic? If so, some slight optimism becomes possible but the other stance also has merit. How has it performed since the pandemic drop and are their any signs of recovery?  am efully a bottom. The chart below for IAG would be funny, aside for the fact it represents what’s happened to the funds of real people!

British Airways owner IAG (we cannot be bothered writing their full name again) enjoyed a dreadful pandemic as shown above, their share price steadfastly refusing to do anything useful. At a glance, there are a couple of hints it may have bottomed but such an attitude is only a negative news report away from being proven utterly wrong. Our preference, always, is to await a price actually making positive movements before daring to express optimism. After all, there is absolutely no rule a share price should bounce. Rather often, absence of a bounce can be indicative the market knows/suspects something investors are unaware of, so perhaps it can prove worthwhile to either look elsewhere or, as we’ve done in this instance, take a look at the wider marketplace.

Currently, IAG share price is at just 22% of its level before the pandemic hit. Easyjet, also suffering, are not in such a pained position with their share price at 37% of the pre-pandemic price. Across the Atlantic, Delta are at 67% and AAL at 48% of their pre-Covid price. And bad boy on the block, Jet Blue, appear to be languishing at just 27% of their value before everything went wrong in February 2020. But visiting Germany discovers Lufthansa soaring, their share price now at 80% of their pre-pandemic price.

This level exercise tends hint quite strongly airline stocks can certainly recover and, from a European context if Lufthansa are to be believed, quite strongly. We’d warn our 6 company sample is far from representative of the entire industry, it was just a collection of the more famous airline company names. Somehow or other, in the test of values, floating germ containers, the cruise line Carnival were included and even they are at 36% of share value before the virus hit. In other words, doing a lot better than British Airways’ owner.

Quite why IAG are at the bottom of the heap in this tuppenybit survey, especially as airlines appear to be flying again and fuel costs are reversing, escapes us. It may just be the case the market is awaiting IAG announcing a return to paying dividends or giving away enhanced air miles to folk who work on the stock market. Who knows, a quick glance at Google News didn’t reveal any immediate quick answer for us to regurgitate as something of interest.

 

About the only nice thing we can say about IAG is their share price failed to drop to our miserable “bottom” level around 81p as speculated in 2022. Instead, it hit 90p, since recovering in an extremely half hearted manner. However, it certainly appears what should be a valid downtrend (Blue) has formed, hopefully capable of giving us trigger levels for proper movement upward.

Currently, above 162p (Blue) should hopefully prove capable of triggering price recovery to an initial 175p. We would regard closure above such a level as significant for the longer term, ticking a pretty big box suggesting IAG has commenced some real recovery. In such a case, closure above 175p should mark the dawn of an age, where a future 288p becomes a believable target with a third level of 362p calculating as viable, along with almost certain hesitation.

But for now, watching British Airways is a bit like watching one of these runway de-icer machines, trundling along slowly under the snow glare of a scary Denver Airport whiteout, with little hope of ever becoming airborne. But this, of course, doesn’t mean anyone should stop watching them, or even IAG share prices.

Should everything intend go wrong, below 138p looks troubling, capable of commencing a descent to an eventual bottom at 87p.

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:56:22PM BRENT 7925.7 ‘cess
8:59:02PM GOLD 2034.49 2031 2027 2021 2039 2045.17 2049 2060 2031 ‘cess
9:04:12PM FTSE 7634
9:07:29PM STOX50 4685.8 4685 4676 4665 4695 4700 4710 4721 4682
9:15:40PM GERMANY 16930 ‘cess
9:26:20PM US500 4994 Success
9:45:11PM DOW 38686 Success
9:50:04PM NASDAQ 17763.4 Success
9:52:34PM JAPAN 36358

 

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%
5/02/2024 FTSE Closed at 7612 points. Change of -0.04%. Total value traded through LSE was: £ 6,001,091,520 a change of -6.39%
4/02/2024 FTSE Closed at 7615 points. Change of 0%. Total value traded through LSE was: £ 6,410,714,874 a change of 39.22%
2/02/2024 FTSE Closed at 7615 points. Change of -0.09%. Total value traded through LSE was: £ 4,604,656,485 a change of -16.86%
1/02/2024 FTSE Closed at 7622 points. Change of -0.1%. Total value traded through LSE was: £ 5,538,356,181 a change of -5.22%
31/01/2024 FTSE Closed at 7630 points. Change of -0.47%. Total value traded through LSE was: £ 5,843,417,633 a change of 22.29%

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:BT.A British Telecom** **LSE:ITV ITV** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : British Telecom, ITV, Rolls Royce, Star Energy, Taylor Wimpey, Vodafone, Zoo Digital,


LSE:BT.A British Telecom Close Mid-Price: 105.3 Percentage Change: -1.63% Day High: 107.65 Day Low: 105.2

Continued weakness against BT.A taking the price below 105.2 calculates a ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***


LSE:ITV ITV Close Mid-Price: 57.7 Percentage Change: -2.20% Day High: 59.38 Day Low: 57.58

In the event ITV experiences weakness below 57.58 it calculates with a dr ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***


LSE:RR. Rolls Royce. Close Mid-Price: 322.9 Percentage Change: + 1.60% Day High: 324.6 Day Low: 316.9

Further movement against Rolls Royce ABOVE 324.6 should improve accelerat ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


LSE:STAR Star Energy Close Mid-Price: 7.47 Percentage Change: -3.92% Day High: 7.8 Day Low: 7.5

Continued weakness against STAR taking the price below 7.5 calculates as ……..

Subscribe for more

</p

View Previous Star Energy & Big Picture ***


LSE:TW. Taylor Wimpey. Close Mid-Price: 148.75 Percentage Change: + 1.16% Day High: 150.6 Day Low: 147.45

Target met. All Taylor Wimpey needs are mid-price trades ABOVE 151p to im ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***


LSE:VOD Vodafone Close Mid-Price: 63.6 Percentage Change: -3.97% Day High: 65.95 Day Low: 63.77

In the event Vodafone experiences weakness below 63.77 it calculates with ……..

Subscribe for more

</p

View Previous Vodafone & Big Picture ***


LSE:ZOO Zoo Digital Close Mid-Price: 34.5 Percentage Change: -8.00% Day High: 37.5 Day Low: 34.5

Target met. Weakness on Zoo Digital below 34.5 will invariably lead to 24 ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***


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

Wickes Group Plc (LSE:WIX) Maybe a share price which won’t tank…

#FTSE #Nasdaq The amusing case of the “tank” parked at Wickes, Basingstoke, for some weeks, a protest due to an apparently sub-standard kitchen installation, has come to an end. The bloke has caved in to a legal demand it be moved, neatly proving he wasn’t ‘slightly ignorant’ and could rise above the moniker used by a Wickes executive last year, damaging their own share price slightly. The puzzle over the whole affair is why it happened. The chap had the remedy of the Small Claims Court, yet chose not to use it despite the cost of repairs being within the courts ability. And Wickes also chose to enjoy international TV coverage over a dispute which would have been relatively easily cleared up. The affair reeks of being a battle of ego’s on each side, one which is doubtless not finished.

However, there’s now the hope Wickes shall experience a surge in their share price, given their Basingstoke branch is no longer threatened by a 60 year old military vehicle!

 

From a charty perspective, some hope is indeed possible for the share. It broke a downtrend in December last year, enjoyed an initial surge followed by an inevitable fallback. The price to which it fell back was at 137.5p, just above the level of trend break at 137p. This implies some genuine strength may in fact be evident.

Currently trading around 157p, it looks like above 160p should next trigger price recovery to an initial 173p. Visually, there’s a vague threat of some hesitation at the 173p level but given previous hiccups at this point only lasted a short time, we’re not inclined to expect real dramatics. In the event the 173p level is exceeded, our longer term secondary calculates at a future 204p along with almost certain stutters in the price cycle.

 

If Wickes intend any attempt at self immolation, below 137p would be a problem, risking triggering reversal to an initial 116p with secondary, if broken, at 105p and hopefully a bottom.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:38:20PM BRENT 7860 ‘cess
9:42:46PM GOLD 2035.48 ‘cess
9:45:47PM FTSE 7690.6 7621 7598 7563 7653 7703 7720 7738 7683 Success
9:48:02PM STOX50 4690.9 Success
9:50:32PM GERMANY 17018.2 Success
9:54:31PM US500 4949.8
9:58:09PM DOW 38477
10:00:55PM NASDAQ 17558 17476 17422 17336 17567 17582 17617 17664 17546
10:04:12PM JAPAN 35975 Success
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%
5/02/2024 FTSE Closed at 7612 points. Change of -0.04%. Total value traded through LSE was: £ 6,001,091,520 a change of -6.39%
4/02/2024 FTSE Closed at 7615 points. Change of 0%. Total value traded through LSE was: £ 6,410,714,874 a change of 39.22%
2/02/2024 FTSE Closed at 7615 points. Change of -0.09%. Total value traded through LSE was: £ 4,604,656,485 a change of -16.86%
1/02/2024 FTSE Closed at 7622 points. Change of -0.1%. Total value traded through LSE was: £ 5,538,356,181 a change of -5.22%
31/01/2024 FTSE Closed at 7630 points. Change of -0.47%. Total value traded through LSE was: £ 5,843,417,633 a change of 22.29%
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%

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:BT.A British Telecom** **LSE:HSBA HSBC** **LSE:IHG Intercontinental Hotels Group** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, British Telecom, HSBC, Intercontinental Hotels Group, Rolls Royce, Speedyhire, Zoo Digital,


LSE:AML Aston Martin Close Mid-Price: 176.6 Percentage Change: -3.86% Day High: 185.6 Day Low: 173.9

Now below 173 looks capable of a visit down to 163 with secondary, if brok ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***


LSE:BT.A British Telecom Close Mid-Price: 107.05 Percentage Change: -2.50% Day High: 110.3 Day Low: 106.3

Weakness on British Telecom below 106.3 will invariably lead to 102p and ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***


LSE:HSBA HSBC. Close Mid-Price: 632 Percentage Change: + 2.07% Day High: 633.9 Day Low: 626.1

Target met. All HSBC needs are mid-price trades ABOVE 633.9 to improve ac ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***


LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7570 Percentage Change: + 0.72% Day High: 7628 Day Low: 7542

In the event of Intercontinental Hotels Group enjoying further trades bey ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***


LSE:RR. Rolls Royce. Close Mid-Price: 317.8 Percentage Change: + 2.58% Day High: 320.6 Day Low: 312.4

Continued trades against RR. with a mid-price ABOVE 320.6 should improve ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


LSE:SDY Speedyhire Close Mid-Price: 27.05 Percentage Change: -4.59% Day High: 28.5 Day Low: 25.9

Weakness on Speedyhire below 25.9 will invariably lead to 23p with second ……..

Subscribe for more

</p

View Previous Speedyhire & Big Picture ***


LSE:ZOO Zoo Digital Close Mid-Price: 37.5 Percentage Change: -2.60% Day High: 38.5 Day Low: 37.5

If Zoo Digital experiences continued weakness below 37.5, it will invaria ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***


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

TotalEnergies SE (EU:TTE) ready to perform?

#Gold #Wall_St Just because something has potentials doesn’t mean it will fulfil them. Long time ago, we designed an earpiece/microphone assembly suitable for mobile phones. It cost a fortune to patent and the idea of seeking investors simply never occurred, especially as Motorola had first dibs on the product. During the period when cell phone design changed from analogue to digital, Motorola discovered their flip phone could not longer cope with our gizmo and pulled out.

Eventually, we let the patents lapse as the alternative was selling the house and living in a cave. It was a shock one evening, in a Chinese takeaway, seeing someone chatting away on their Nokia with an earpiece design strikingly familiar to ours from 5 years previously. It took digital to make Bluetooth headsets a reality! As can be assumed, since that particular horror story, a great deal of care has been taken to avoid spending serious amounts of money on an “good ideas”, the event leaving just a hint of sour grapes – and a few nice design awards. However, the recent gift of a 3D Printer has accidentally kicked open the door marked “Good Ideas”. The thing has been a nightmare to get our head around, simply due to everything happening in three dimensions. As software designers, it took a while for the penny to drop 3D printing was really about writing very basic programs in an old fashioned language style as, from a Windows PC basis anyway, there’s no software capable of being operated by normal folk. It’s not a case of drawing something simple like a 3d cube in Paint, then pressing the print button. In fact, our 3d Printer isn’t even connected to a PC, instead lazing around on the wireless network in case any updates are released for its core software.

To cut to the chase, a recent visit from a plumber/electrician/boiler engineer, had the bloke mesmerised by the 3D machine quietly groaning away while it printed a batch of designs which had been knocked up. He asked what the peculiar bits of plastic were for, immediately understanding when it was demonstrated, and I could see our bill increasing when he exhaled; “That’s Genius! Can you sell me some for my parents AND grandparents”. As with most folk who’ve never wandered down the path of innovation, he was focussed on the “Potential” market size, swiftly realising anyone who takes regular pills needs this sort of thing. When it was explained there are extreme dangers, if one innovates something which doesn’t exist, as there’s an entire world out there you need to personally meet, one by one, if you’re to have any hope of success, he thankfully conceded the point but still wants 28 of the things for his family! (We’re being a little circumspect and misdirectional, something we are good at.) It’s one thing to design something which does the job better than existing products – we’ve plenty experience of that with software – but a quite different set of circumstances if you’ve just invented something like a Showjumping Hoverboard For Untrained Cats! (we’d all love to watch…)

We’re still discussing whether to take the plastic gizmo’s outside, along with the printing code, and bury them in a pit filled with lime. But in case this approach may be wrong, tomorrow a coffee has been booked with our local drug dealer (pharmacologist) for her opinion as we’re anxious to avoid the investor route from the brilliant movie “The Producers”, one unfortunately adopted by many new starts. (You sold 7 x 30% shares of the company!)

 

And this brings us, neatly, to TotalEnergies. We previously reviewed the company is 2022 and the price has since successfully achieved our initial and secondary targets without a great deal of fuss. Like our little bit of blue plastic, this share price is currently showing some potentials and thanks to a couple of emails, we decided it was worth revisiting. There’s an immediate problem and it’s shown on the chart below.

Essentially, since 2006, this has been a share price which has flatlined. Regardless of the reasons, folk invested prior to 2006 now need the share price to climb above 240€ if the want to break even.

However, from a relatively near term perspective, some hope is possible. Above just 63 Euro calculates with the potential of a lift to an initial 67 and a new high. Our secondary, with closure above such a level, works out at a longer term 92€.

If things intend go wrong, below Red (Currently 56 Euro) calculates with the potential of reversal to an initial 54€ with secondary, if broken, down at 49€ and hopefully yet another bounce. Our inclination is to anticipate Total Energy as heading toward somewhere between the 67 and 92 Euro levels. Somehow, achieving 92€ seems like too much of a good thing.

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:48PM BRENT 7790
9:35:16PM GOLD 2024.02 2014 2005 1997 2025 2032 2035 2042 2021 ‘cess
9:37:51PM FTSE 7624 Shambles
9:41:01PM STOX50 4660.4 ‘cess
9:44:30PM GERMANY 16913
9:46:33PM US500 4937
10:36:51PM DOW 38352 38237 38163 37956 38425 38702 38902 39130 38542 ‘cess
10:39:36PM NASDAQ 17613
10:41:27PM JAPAN 36359

 

5/02/2024 FTSE Closed at 7612 points. Change of -0.04%. Total value traded through LSE was: £ 6,001,091,520 a change of -6.39%
4/02/2024 FTSE Closed at 7615 points. Change of 0%. Total value traded through LSE was: £ 6,410,714,874 a change of 39.22%
2/02/2024 FTSE Closed at 7615 points. Change of -0.09%. Total value traded through LSE was: £ 4,604,656,485 a change of -16.86%
1/02/2024 FTSE Closed at 7622 points. Change of -0.1%. Total value traded through LSE was: £ 5,538,356,181 a change of -5.22%
31/01/2024 FTSE Closed at 7630 points. Change of -0.47%. Total value traded through LSE was: £ 5,843,417,633 a change of 22.29%
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%

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:CNA Centrica** **LSE:FOXT Foxtons** **LSE:ITM ITM Power** **LSE:LLOY Lloyds Grp.** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Centrica, Foxtons, Lloyds Grp., Rolls Royce,


LSE:CNA Centrica Close Mid-Price: 133.85 Percentage Change: -0.52% Day High: 136 Day Low: 132.6

If Centrica experiences continued weakness below 132.6, it will invariabl ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***


LSE:FOXT Foxtons. Close Mid-Price: 56 Percentage Change: + 1.27% Day High: 57 Day Low: 54.5

Further movement against Foxtons ABOVE 57 should improve acceleration tow ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***


LSE:ITM ITM Power. Close Mid-Price: 65.92 Percentage Change: + 6.87% Day High: 70.68 Day Low: 62.56

Above 71 now calculates with the potential of a lift to an initial 80 with ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 41.89 Percentage Change: -1.00% Day High: 42.6 Day Low: 41.04

Weakness on Lloyds Grp. below 41.04 will invariably lead to 40.1p with se ……..

Subscribe for more

</p

View Previous Lloyds Grp. & Big Picture ***


LSE:RR. Rolls Royce Close Mid-Price: 309.8 Percentage Change: -0.13% Day High: 317.8 Day Low: 308.8

Target met. All Rolls Royce needs are mid-price trades ABOVE 317.8 to imp ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***


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