Jadestone Energy Plc (LSE:JSE) doing a santa rally?

#Gold #Nasdaq  Aside from an email asking us to review this, the company name alone made it an interesting proposition. Once upon a time, the choice of a Xmas present was a jade pendant, a pretty looking slender donut of the gem with the centre holding a gold pictogram which obviously meant something romantic. To be honest, neither of us were curious but one evening, the mystery was solved by a waitress at a Chinese restaurant. She admired the pendant and asked, did you buy it in Kowloon? The lettering said “Kowloon”, my other half now knowing she’d been wearing the equivalent of a baseball cap with a Trump logo on it.

The pendant was discretely retired to her jewellery drawer, never to be seen again!

 

Unless Jadestone have a side hustle flogging junk to unsuspecting tourists, the Asia focussed oil and gas company appear to have a share price which is poised to make some positive movement, a pleasant change for a member of the AIM market in London. The visit to 21p back in September has possibly defined a “bottom” for the share and now, it ideally needs start going up to make life interesting.

Now above just 39p is liable to prove significant, calculating with the potentials of a lift up to an initial 49p. Closure above such a level should prove important in the grand scheme of things, working out with a future ambition coming from 71p and the chance of a challenge against the immediate Blue downtrend. Recovery such as this will also give the share price an opportunity to exceed the level at which the Red uptrend was breached and this, traditionally, is something we regard as a good sign, one often capable of provoking Big Picture movement for the longer term.

Jadestone are on the edge of moving and we suspect they shall prove worth watching in the month ahead. And finally, if things intend go wrong, now below 21p would be a problem as it risks triggering a visit to our ultimate bottom of just 8p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:39:51PM BRENT 7817.5 ‘cess
9:45:07PM GOLD 2029.44 2020 2013 1985 2033 2078 2096 2122 2058 Success
9:49:56PM FTSE 7507.7
9:53:00PM STOX50 4420.1
10:25:45PM GERMANY 16424.7
10:28:34PM US500 4564.3
10:31:25PM DOW 36180
10:34:17PM NASDAQ 15825.9 15702 15569 15367 15840 15975 16069 16194 15874 Success
10:37:14PM JAPAN 33057 Success

 

4/12/2023 FTSE Closed at 7512 points. Change of -0.23%. Total value traded through LSE was: £ 4,476,825,041 a change of -0.54%
1/12/2023 FTSE Closed at 7529 points. Change of 1.02%. Total value traded through LSE was: £ 4,501,021,882 a change of -55.19%
30/11/2023 FTSE Closed at 7453 points. Change of 0.4%. Total value traded through LSE was: £ 10,044,675,963 a change of 155.31%
29/11/2023 FTSE Closed at 7423 points. Change of -0.43%. Total value traded through LSE was: £ 3,934,274,294 a change of -13.77%
28/11/2023 FTSE Closed at 7455 points. Change of -0.07%. Total value traded through LSE was: £ 4,562,527,303 a change of 31.7%
27/11/2023 FTSE Closed at 7460 points. Change of -0.37%. Total value traded through LSE was: £ 3,464,420,361 a change of -16.59%
24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%

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:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:IHG Intercontinental Hotels Group** **LSE:OCDO Ocado Plc** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Barrett Devs, B & M, BP PLC, British Telecom, Carnival, Centamin, EasyJet, Fresnillo, Genel, Intercontinental Hotels Group, Ocado Plc, Quadrise, Rolls Royce, Star Energy, Taylor Wimpey,

LSE:ASC Asos. Close Mid-Price: 388.9 Percentage Change: + 0.41% Day High: 411 Day Low: 386.3

Further movement against Asos ABOVE 411 should improve acceleration towar ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 522.6 Percentage Change: + 0.54% Day High: 527.6 Day Low: 516.8

Further movement against Barrett Devs ABOVE 527.6 should improve accelera ……..

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LSE:BME B & M. Close Mid-Price: 598.2 Percentage Change: + 1.56% Day High: 602.6 Day Low: 587

All B & M needs are mid-price trades ABOVE 602.6 to improve acceleration ……..

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LSE:BP. BP PLC Close Mid-Price: 471.95 Percentage Change: -1.35% Day High: 474 Day Low: 465.7

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LSE:BT.A British Telecom. Close Mid-Price: 126.1 Percentage Change: + 1.98% Day High: 126.6 Day Low: 123.7

Further movement against British Telecom ABOVE 126.6 should improve accel ……..

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LSE:CCL Carnival. Close Mid-Price: 1141 Percentage Change: + 5.50% Day High: 1149 Day Low: 1082.5

Target met. Continued trades against CCL with a mid-price ABOVE 1149 shou ……..

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LSE:CEY Centamin. Close Mid-Price: 101.3 Percentage Change: + 0.80% Day High: 103.4 Day Low: 100.6

Target met. Further movement against Centamin ABOVE 103.4 should improve ……..

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LSE:EZJ EasyJet. Close Mid-Price: 474.8 Percentage Change: + 0.42% Day High: 481.9 Day Low: 467.8

All EasyJet needs are mid-price trades ABOVE 481.9 to improve acceleratio ……..

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LSE:FRES Fresnillo Close Mid-Price: 587.4 Percentage Change: -0.94% Day High: 598.2 Day Low: 582.4

Further movement against Fresnillo ABOVE 598.2 should improve acceleratio ……..

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LSE:GENL Genel Close Mid-Price: 70.7 Percentage Change: -2.62% Day High: 73.9 Day Low: 68.6

Target met. Continued weakness against GENL taking the price below 68.6 c ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 6332 Percentage Change: + 0.44% Day High: 6366 Day Low: 6242

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

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LSE:OCDO Ocado Plc Close Mid-Price: 593.6 Percentage Change: -0.10% Day High: 626.2 Day Low: 585.2

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LSE:QED Quadrise. Close Mid-Price: 2.56 Percentage Change: + 16.36% Day High: 3.1 Day Low: 2.35

Target met. All Quadrise needs are mid-price trades ABOVE 3.1 to improve ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 285.4 Percentage Change: + 3.14% Day High: 288.3 Day Low: 281.1

Target met. Further movement against Rolls Royce ABOVE 288.3 should impro ……..

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LSE:STAR Star Energy. Close Mid-Price: 8.15 Percentage Change: + 0.00% Day High: 7.96 Day Low: 7.51

If Star Energy experiences continued weakness below 7.51, it will invaria ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 131.75 Percentage Change: + 0.57% Day High: 132.9 Day Low: 130.65

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

Lloyds Banking Group (LSE:LLOY) to go to 120p?

#Brent #DAX  The question must be asked, do the weather forecasting folk get paid according to how many clicks they generate? Most folk have probably become immune to the standard media tactic of generating a headline which is completely contrary to the actual story but, with weather, we’d hope the Met Office would try and adopt a tactic of being accurate.  After all, in an age when a mobile phone appears capable of telling what time the rain will stop, why are the Met Office issuing “Yellow Alerts” for snow across wide areas? It’s gotten to the stage where we choose to ignore these Met Office panics as they’re capable of real life consequences.

One such happened recently, opting to cancel a hospital appointment on the mainland as there was apparently a certainty the ferries would be cancelled. The 60mph winds decided not to turn up, the ferry timetable was not affected, and the hospital used a courier to send out an urgent supply of chemo pills. With another hospital visit scheduled for today, there was a feeling of déjà vu with the latest “Yellow Alert” and this time, it’s getting ignored. But the whole contrived  drama of clickbait headlines constantly bothers us and perhaps exerts a subconscious influence, lest we fall into the trap of promising the heavens.

 

Lloyds is currently a great case in point.

Based on share price movements on Thursday and Friday, we can cheerfully announce “Lloyds Heading to 120p!

The thing is, something possibly important actually did occur with Lloyds, the market deciding to pour some pixie dust over the share and allowing it to nudge above the Blue 2023 downtrend. On the chart inset, we’ve circled a bunch of recent nudges upward at the market open on three occasions during November, giving a broad hint “they” were up to something. The immediate situation suggests above 44.5p should make an attempt at 46p next with our secondary, if beaten, calculating at 48.2p. Obviously, neither ambition is anywhere close to 120p but the fact the market has started nudging Lloyds upward is surely meaningful.

In this instance, we can provide a third target level, if 48.2p is bettered, as a future 53.7 works out as possible. The visuals indicate some hesitation can be anticipated, if such a target makes itself known. To cancel this truly festive outpouring of optimism, the share price needs wither below 43p.

Oh, and should Lloyds ever discover a reason to close a session above 53.7p, it actually will find itself residing in a Big Picture zone, one where we shall argue in favour of a long term attraction coming from 120p!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
9:14:32PM BRENT 7905.7 7858 7763 7534 8148 8196 8258 8387 8009
9:50:13PM GOLD 2071.8 2035
9:52:47PM FTSE 7522 7480
9:56:47PM STOX50 4422.5 4400
9:59:16PM GERMANY 16428.4 16240 16193 16110 16314 16442 16464 16580 16406
10:04:17PM US500 4594.6 4565
10:06:38PM DOW 36256 35971
10:08:41PM NASDAQ 15996.3 15952
10:11:07PM JAPAN 33473 33437

 

1/12/2023 FTSE Closed at 7529 points. Change of 1.02%. Total value traded through LSE was: £ 4,501,021,882 a change of -55.19%
30/11/2023 FTSE Closed at 7453 points. Change of 0.4%. Total value traded through LSE was: £ 10,044,675,963 a change of 155.31%
29/11/2023 FTSE Closed at 7423 points. Change of -0.43%. Total value traded through LSE was: £ 3,934,274,294 a change of -13.77%
28/11/2023 FTSE Closed at 7455 points. Change of -0.07%. Total value traded through LSE was: £ 4,562,527,303 a change of 31.7%
27/11/2023 FTSE Closed at 7460 points. Change of -0.37%. Total value traded through LSE was: £ 3,464,420,361 a change of -16.59%
24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%
23/11/2023 FTSE Closed at 7483 points. Change of 0.19%. Total value traded through LSE was: £ 3,933,508,293 a change of -12.7%

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:BDEV Barrett Devs** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:MMAG Music Magpie** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **LSE:SPT Spirent Comms** **LSE:STAR Star Energy** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Barrett Devs, Block Energy PLC, B & M, Carnival, Centamin, EasyJet, ITM Power, ITV, Music Magpie, Quadrise, Rolls Royce, Spirent Comms, Star Energy, Taylor Wimpey,

LSE:BDEV Barrett Devs. Close Mid-Price: 519.8 Percentage Change: + 1.17% Day High: 521.4 Day Low: 514

Target met. In the event of Barrett Devs enjoying further trades beyond 5 ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 0.85 Percentage Change: -5.56% Day High: 0.9 Day Low: 0.82

Target met. In the event Block Energy PLC experiences weakness below 0.82 ……..

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LSE:BME B & M. Close Mid-Price: 589 Percentage Change: + 2.68% Day High: 592.2 Day Low: 573.4

Further movement against B & M ABOVE 592.2 should improve acceleration to ……..

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LSE:CCL Carnival. Close Mid-Price: 1081.5 Percentage Change: + 3.89% Day High: 1089 Day Low: 1053

All Carnival needs are mid-price trades ABOVE 1089 to improve acceleratio ……..

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LSE:CEY Centamin. Close Mid-Price: 100.5 Percentage Change: + 3.93% Day High: 100.3 Day Low: 96.55

Continued trades against CEY with a mid-price ABOVE 100.3 should improve ……..

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LSE:EZJ EasyJet. Close Mid-Price: 472.8 Percentage Change: + 4.30% Day High: 469.9 Day Low: 453

Continued trades against EZJ with a mid-price ABOVE 469.9 should improve ……..

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LSE:ITM ITM Power. Close Mid-Price: 51.54 Percentage Change: + 0.51% Day High: 52.56 Day Low: 48.53

In the event ITM Power experiences weakness below 48.53 it calculates wit ……..

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LSE:ITV ITV Close Mid-Price: 59.76 Percentage Change: -0.60% Day High: 60.5 Day Low: 58.36

Target met. Weakness on ITV below 58.36 will invariably lead to 57p with ……..

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LSE:MMAG Music Magpie Close Mid-Price: 14 Percentage Change: -5.08% Day High: 14.75 Day Low: 13.75

Continued weakness against MMAG taking the price below 13.75 calculates a ……..

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LSE:QED Quadrise. Close Mid-Price: 2.2 Percentage Change: + 22.91% Day High: 2.4 Day Low: 1.75

Target met. Continued trades against QED with a mid-price ABOVE 2.4 shoul ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 276.7 Percentage Change: + 2.94% Day High: 276 Day Low: 271.8

Continued trades against RR. with a mid-price ABOVE 276 should improve th ……..

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LSE:SPT Spirent Comms Close Mid-Price: 110.3 Percentage Change: -3.42% Day High: 119.3 Day Low: 110.7

Target met. All Spirent Comms needs are mid-price trades ABOVE 119.3 to i ……..

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LSE:STAR Star Energy. Close Mid-Price: 8.15 Percentage Change: + 2.90% Day High: 7.54 Day Low: 7.54

Weakness on Star Energy below 7.54 will invariably lead to 7.2p with seco ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 131 Percentage Change: + 1.12% Day High: 131.8 Day Low: 129.95

Further movement against Taylor Wimpey ABOVE 131.8 should improve acceler ……..

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

Our famed and popular FTSE for FRIDAY (FTSE:UKX)

#FTSE #Brent  This is a little difficult to admit but we’ve absolutely no idea what direction the UK market intends go on Friday, 1st December. As a last ditch attempt, we opted to spend a couple of hours watching how Japan was behaving and unfortunately, it would be easier predicting what a cat will do next. And this, obviously, gives the opportunity to continue discussing our new 3d printer.

To celebrate playing her new game, something called City Skylines2, my wife felt the need to purchase an expensive AMD video card. It’s one of these things which is more powerful than most PC’s, has more memory than most PC’s and generates more heat than a small nuclear power station. Within the first day, the problem of heat dissipation became an emergency when the sensors inside the computer decided life was too hot and closed the system down. Her cat, rather adorably, had developed the habit of sleeping on top of her PC tower and as a result, my wife had fitted a cat basket exactly the right size to keep the smelly animal happy.  When it was pointed out she could either play her game or, create a fire risk by attempting to barbeque the cat, she moved the basket.

“Could you use the 3d printer to make something like a table and legs to fit under the basket, so there’s an air gap between it and the computer?” It was a reasonable question, one which I ended up ignoring as sending concise printing instructions to the new printer is a skill I currently lack. My immediate success has been printing a straight line, the systems equivalent of “Hello World” so familiar to those learning a new programming language. In a fit of inspiration, I remembered things can still be made the old fashioned way, so with plywood and an electric saw, a stand for the cats bed was available literally within minutes. With everything fitted in place, my wife lifted the noisy cat into its new throne above her PC tower. It jumped out, refusing to use the bed, and opted to spend the evening staring at a blank wall. The cat and I do not get along and I think this was spite, because something wasn’t made out of plastic.

 

As for Japan, the index was opened down a hundred points from its previous close of 33,576 points. In the last couple of hours, another few hundred points have been lost and this hints any spike down at the open on the UK market is unlikely to exhibit an immediate recovery by 9.30am. Maybe! But it is the first of the final month of the year, so perhaps some optimism shall enter the day with traders always chasing an illusory “Santa rally”.

Allegedly, near term movement exceeding 7477 points should make an uphill attempt at an initial tame 7506 points. Should such a level be exceeded, our secondary calculates at 7536 points, a value which should certainly indicate happier times ahead for the FTSE in the near term.

 

However, if the other side of the coin opts to follow the example currently being set from Japan, below 7442 points risks promoting reversal down to 7408 points. Should such a level break, our secondary works out at 7374 points, plunging the FTSE into the realms of a truly grotty start to December. Which is frustrating as, should we go by chart behaviour along with the FTSE’s dance steps in relation to the Red line uptrend from 2020, we should be reporting some optimism with a suspicion the index intends an eventual 7613 points. Unfortunately, when something “should be going up but isn’t”, invariably the converse argument proves to be the correct one.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:15:36PM BRENT 8029.9 7993 7811 8191 8453 8579 8233 ‘cess
11:17:32PM GOLD 2037.9 2032 2029 2044 2052 2059 2038
11:22:30PM FTSE 7462.8 7402 7380 7437 7476 7508 7442 ‘cess
11:44:25PM STOX50 4388.6 4360 4344 4384 4398 4402 4361 ‘cess
11:52:09PM GERMANY 16237.6 15995 15879 16050 16263 16337 16075 ‘cess
11:56:25PM US500 4663.7 4536 4517 4554 4570 4577 4556 ‘cess
12:01:08AM DOW 35925.5 35644 35533 35744 35972 36003 35690 ‘cess
12:07:45AM NASDAQ 15928.5 15823 15767 15896 15958 15995 15873 Success
12:11:17AM JAPAN 33475 33463 33411 33524 33593 33662 33460 ‘cess

 

30/11/2023 FTSE Closed at 7453 points. Change of 0.4%. Total value traded through LSE was: £ 10,044,675,963 a change of 155.31%
29/11/2023 FTSE Closed at 7423 points. Change of -0.43%. Total value traded through LSE was: £ 3,934,274,294 a change of -13.77%
28/11/2023 FTSE Closed at 7455 points. Change of -0.07%. Total value traded through LSE was: £ 4,562,527,303 a change of 31.7%
27/11/2023 FTSE Closed at 7460 points. Change of -0.37%. Total value traded through LSE was: £ 3,464,420,361 a change of -16.59%
24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%
23/11/2023 FTSE Closed at 7483 points. Change of 0.19%. Total value traded through LSE was: £ 3,933,508,293 a change of -12.7%
22/11/2023 FTSE Closed at 7469 points. Change of -0.17%. Total value traded through LSE was: £ 4,505,503,688 a change of 12.22%

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:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:ITM ITM Power** **LSE:RR. Rolls Royce** **LSE:SCLP Scancell** **LSE:STAR Star Energy** **

********

Updated charts published on : Barrett Devs, BP PLC, Carclo, EasyJet, Fresnillo, Genel, Hikma, ITM Power, Rolls Royce, Scancell, Star Energy,

LSE:BDEV Barrett Devs. Close Mid-Price: 513.8 Percentage Change: + 1.10% Day High: 515.4 Day Low: 505.4

Continued trades against BDEV with a mid-price ABOVE 515.4 should improve ……..

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LSE:BP. BP PLC. Close Mid-Price: 479.1 Percentage Change: + 1.51% Day High: 489.7 Day Low: 473

All BP PLC needs are mid-price trades ABOVE 489.7 to improve acceleration ……..

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LSE:CAR Carclo Close Mid-Price: 9.42 Percentage Change: -21.50% Day High: 12 Day Low: 8.6

Target met. In the event Carclo experiences weakness below 8.6 it calcula ……..

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LSE:EZJ EasyJet. Close Mid-Price: 453.3 Percentage Change: + 1.55% Day High: 454.7 Day Low: 445.5

In the event of EasyJet enjoying further trades beyond 454.7, the share s ……..

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LSE:FRES Fresnillo Close Mid-Price: 582.8 Percentage Change: -1.29% Day High: 595.6 Day Low: 579.8

Continued trades against FRES with a mid-price ABOVE 595.6 should improve ……..

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LSE:GENL Genel Close Mid-Price: 72 Percentage Change: -5.14% Day High: 76.8 Day Low: 71.7

Target met. Weakness on Genel below 71.7 will invariably lead to 68.5p wi ……..

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LSE:HIK Hikma. Close Mid-Price: 1723.5 Percentage Change: + 0.06% Day High: 1731 Day Low: 1711

Continued weakness against HIK taking the price below 1711 calculates as ……..

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LSE:ITM ITM Power Close Mid-Price: 51.28 Percentage Change: -2.32% Day High: 53.9 Day Low: 51.24

If ITM Power experiences continued weakness below 51.24, it will invariab ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 268.8 Percentage Change: + 2.05% Day High: 270.8 Day Low: 264.8

All Rolls Royce needs are mid-price trades ABOVE 270.8 to improve acceler ……..

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LSE:SCLP Scancell Close Mid-Price: 10.97 Percentage Change: -10.41% Day High: 12.25 Day Low: 10.97

Weakness on Scancell below 10.97 will invariably lead to 6.2p with second ……..

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LSE:STAR Star Energy Close Mid-Price: 7.92 Percentage Change: -4.00% Day High: 8.35 Day Low: 8

Target met. In the event Star Energy experiences weakness below 8 it calc ……..

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

Diageo Plc (LSE:DGE). When drinks go flat!

#Brent #Dax  As we all pour ourselves downward into the annual celebration of the invention of booze, also known as Christmas, we’re a little worried our review of Diageo a year ago proved quite as prescient. However, it’s unlikely our attempts at making “the perfect cider” are in any way to blame for the companies share price decline. Amusingly, it has transpired the secret to a perfect cider didn’t include drops of magical flavourings, once the fermentation process was complete.

Instead, a nice mug of strong and warm tea is added to the liquid, at the very start of fermentation along with some brown sugar produced something with a similar bite to a dry white wine and, to our palates, not entirely nice. We mucked around with various flavourings, strawberry was fairly good, blueberry was better, but the best flavouring was a real surprise. A litre of cheap, supermarket bought, pure apple juice added to four litres of fermented cider suddenly produced the most authentic and refreshing drink. With hindsight, the concept of adding fresh apple juice to enhance the flavour of home made cider should have been obvious but among the experts in internet forums, some seriously complex methods were discussed to improve the product. Now, with a few shelves of the stuff produced, you certainly know if you’ve drunk a pint of the product and we’ve got to this stage without experimenting with cinnamon flavouring, oak barrels, adding raisins, or refrigerating the product for a few weeks.

As for the alcohol content, our inclination is to suggest ‘enough’ as we’ve never bothered buying the correct time of hydrometer. After erroneously buying one designed for wine, it gives results of between 7% and 19% proof as this seems to vary enormously with the type of yeast and quantity of sugar. It’s funny how a single taste of “tropical cider” during summer sparked this hobby, one which has probably run its course as we’ve now figured out how to easily make a cider for our own palate. This ridiculous drive toward self sufficiency is driven by living here in Argyll, where getting  “stuff” is a nuisance. Bread is made once a week, then frozen. Logs are chopped at weekends and now, it looks like cider shall be produced once or twice a year. If only there wasn’t a requirement for spirits production licences needing an annual output of above 45,000 litres!

 

Despite it being the festive season, Diageo Plc continues to drip downhill and now, share price movement below 2719p looks capable of a visit to an initial 2572p with secondary, if broken, at 2507p. The proximity of these targets tends suggest the share price is heading toward a level from which a rebound can be hoped, essentially anytime soon. The implication of movement below 2507 is pretty dire, dumping the share price into a zone where a potential ultimate bottom at a future 1501p becomes possible. Visually there’s nothing to back up such a dodgy calculation but 2255p (the half way mark in a reversal cycle) certainly looks like it has to the potential to apply the breathalyser to any downward rush.

If Diageo into supply any festive cheers, it’s possible for above 2833 to promote share price recovery to an initial 2911p with our secondary, if exceeded, calculating at a longer term 3094p, perhaps even challenging the downtrend since April and giving the first solid clue the share price may be attempting to escape the current drop cycle. We’re not hopeful and suspect a visit to the £25 quid level is on the cards.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:59:00PM BRENT 8260 8078 8039 7952 8194 8296 8345 8487 8128
10:02:27PM GOLD 2043.8
10:05:33PM FTSE 7421.2
10:08:12PM STOX50 4371.2 Success
10:11:18PM GERMANY 16175 15958 15889 15783 16022 16209 16336 16587 16004 Success
10:13:53PM US500 4553.2 Success
10:17:16PM DOW 35525 ‘cess
11:02:38PM NASDAQ 16004.2 Success
11:06:52PM JAPAN 33277 ‘cess

 

29/11/2023 FTSE Closed at 7423 points. Change of -0.43%. Total value traded through LSE was: £ 3,934,274,294 a change of -13.77%
28/11/2023 FTSE Closed at 7455 points. Change of -0.07%. Total value traded through LSE was: £ 4,562,527,303 a change of 31.7%
27/11/2023 FTSE Closed at 7460 points. Change of -0.37%. Total value traded through LSE was: £ 3,464,420,361 a change of -16.59%
24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%
23/11/2023 FTSE Closed at 7483 points. Change of 0.19%. Total value traded through LSE was: £ 3,933,508,293 a change of -12.7%
22/11/2023 FTSE Closed at 7469 points. Change of -0.17%. Total value traded through LSE was: £ 4,505,503,688 a change of 12.22%
21/11/2023 FTSE Closed at 7482 points. Change of -0.19%. Total value traded through LSE was: £ 4,015,011,285 a change of -11.06%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:RR. Rolls Royce** **LSE:SPT Spirent Comms** **

********

Updated charts published on : Barrett Devs, BP PLC, EasyJet, Fresnillo, Rolls Royce, Spirent Comms,

LSE:BDEV Barrett Devs. Close Mid-Price: 508.2 Percentage Change: + 1.15% Day High: 507.6 Day Low: 501

Target met. All Barrett Devs needs are mid-price trades ABOVE 507.6 to im ……..

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LSE:BP. BP PLC Close Mid-Price: 471.95 Percentage Change: -0.64% Day High: 477 Day Low: 469.6

In the event BP PLC experiences weakness below 469.6 it calculates with a ……..

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LSE:EZJ EasyJet. Close Mid-Price: 446.4 Percentage Change: + 5.98% Day High: 447.5 Day Low: 422.9

Further movement against EasyJet ABOVE 447.5 should improve acceleration ……..

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LSE:FRES Fresnillo. Close Mid-Price: 590.4 Percentage Change: + 5.62% Day High: 593.4 Day Low: 567.8

All Fresnillo needs are mid-price trades ABOVE 593.4 to improve accelerat ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 263.4 Percentage Change: + 1.97% Day High: 267 Day Low: 258.2

Target met. In the event of Rolls Royce enjoying further trades beyond 26 ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 115.2 Percentage Change: + 5.88% Day High: 115.9 Day Low: 109.1

Target met. In the event of Spirent Comms enjoying further trades beyond ……..

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

Braemar Plc (LSE:BMS about to set sail?

#FTSE #SP500  We always thought it a little odd one of only two publicly listed shipbrokers on the LSE chose to name themselves after a pretty bleak location in Scotland, one placed just about as far from the sea as possible to get in the country. Braemar itself, located in the visually boring, windswept, east side of the country, has only one real attraction, the nearby ski area of Glenshee. Once, shortly after returning from Colorado, the decision was made to head to Glenshee for a day skiing and we were lucky. It was stunning day, plenty of snow, and memorable sunshine, the sort of thing which only happens once every 100 years or so. Chatting to one of the ski lift operators and mentioning we’d just returned from Colorado, it transpired he was American and agreed Glenshee equalled anything available in the US. But unfortunately, only once a century or so!

Another time, we visited, having made the stupid mistake of volunteering to escort a bunch of children from a local church youth club. Between checking the weather and leaving, the weather had changed and we arrived in a blizzard. Someone had the bright idea of heading to nearby Braemar as there would surely be cafes etc to keep the kids entertained, while we hoped the snow storm would move on. Thankfully, there were lots of places, all closed, as back then, Braemar appeared to shut up shop once summer was over. To make matters worse, the snow gates all closed, forcing us to return south by heading to Aberdeen first, then take the coastal route back to Glasgow. And so, few fond memories remain of Braemar but we did prime the kids with some tough questions to ask about god!

The following weekend, we took the children to Glencoe, enjoying one of the few days when we all got to ski back to the car park. This is rarely possible and a real pleasure, skipping the queue for the cranky chairlift down the mountain.

 

Braemar Plc experienced a few months of share suspension, due to a historical accounting anomaly which was felt would affect their published accounts. Matters have been apparently resolved and the shares started trading again a few days ago. They are due to release some financial results today, 29th November,. and their share price certainly looks poised for some action.

At time of writing, the share is trading at 290p, needing above 292p to hopefully prompt recovery to an initial 310p and a challenge against the downtrend since 2014. To be honest, this is one of these occasions where we’d be delighted to witness the share price gapped upward at the open of trade, creating a rather perfect “Gap Down / Gap Up” situation, one which should prove capable of provoking future movements to 342p with our longer term influence seen as coming from a future 388p and some probable hesitation.

Similar to the weather in Braemar, this is one of these occasions where anything could happen in the next few hours! The price would need wander below 230p (Red) to justify anxiety.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:50:16PM BRENT 8132 ‘cess
9:53:27PM GOLD 2041.31 Success
9:56:41PM FTSE 7438.6 7401 7377 7330 7438 7464 7488 7517 7448 Success
9:59:27PM STOX50 4340.7 Success
10:02:19PM GERMANY 15988 ‘cess
10:13:52PM US500 4553.5 4537 4527 4513 4554 4561 4571 4582 4541 ‘cess
10:16:21PM DOW 35417.5 Success
10:18:34PM NASDAQ 16013.4
10:23:27PM JAPAN 33297 ‘cess

 

28/11/2023 FTSE Closed at 7455 points. Change of -0.07%. Total value traded through LSE was: £ 4,562,527,303 a change of 31.7%
27/11/2023 FTSE Closed at 7460 points. Change of -0.37%. Total value traded through LSE was: £ 3,464,420,361 a change of -16.59%
24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%
23/11/2023 FTSE Closed at 7483 points. Change of 0.19%. Total value traded through LSE was: £ 3,933,508,293 a change of -12.7%
22/11/2023 FTSE Closed at 7469 points. Change of -0.17%. Total value traded through LSE was: £ 4,505,503,688 a change of 12.22%
21/11/2023 FTSE Closed at 7482 points. Change of -0.19%. Total value traded through LSE was: £ 4,015,011,285 a change of -11.06%
20/11/2023 FTSE Closed at 7496 points. Change of -0.11%. Total value traded through LSE was: £ 4,514,299,465 a change of -13.95%

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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:ITM ITM Power** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **

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Updated charts published on : Aviva, Astrazeneca, Genel, Hikma, ITM Power, Rolls Royce, Star Energy,

LSE:AV. Aviva Close Mid-Price: 424.6 Percentage Change: -0.84% Day High: 429.1 Day Low: 425

All Aviva needs are mid-price trades ABOVE 429.1 to improve acceleration ……..

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LSE:AZN Astrazeneca Close Mid-Price: 9900 Percentage Change: -0.76% Day High: 9984 Day Low: 9851

Weakness on Astrazeneca below 9851 will invariably lead to 9709p with sec ……..

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LSE:GENL Genel Close Mid-Price: 75.2 Percentage Change: -3.34% Day High: 77.4 Day Low: 74.3

If Genel experiences continued weakness below 74.3, it will invariably le ……..

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LSE:HIK Hikma Close Mid-Price: 1740.5 Percentage Change: -0.06% Day High: 1739.5 Day Low: 1716.5

Weakness on Hikma below 1716.5 will invariably lead to 1602 with secondar ……..

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LSE:ITM ITM Power Close Mid-Price: 52.82 Percentage Change: -4.24% Day High: 55.58 Day Low: 51.8

Continued weakness against ITM taking the price below 51.8 calculates as ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 258.3 Percentage Change: + 6.21% Day High: 261.5 Day Low: 243.3

Target met. Further movement against Rolls Royce ABOVE 261.5 should impro ……..

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LSE:STAR Star Energy Close Mid-Price: 8.35 Percentage Change: -2.97% Day High: 8.8 Day Low: 8.2

Continued weakness against STAR taking the price below 8.2 calculates as ……..

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

DP Poland Plc (LSE:DPP) when Pizza from over there does well over there too…

#Gold #Dax  The ballad of our 3d printer continues, the device successfully replacing BBC Radio2 in the office. Almost silent in operation, it’s become a source of fascination while it tackles whatever project has been deemed important. Today, we obviously felt the need to print a model elephant, a job which took just over 6 hours and proved more interesting than watching someone digging a hole! It appears, just when society has started to tackle the war on plastic, we’ve also developed a new way to feed recycle bins…

As for, DP Poland Plc, it’s curious how bias can develop as personally, I’ve never met a Polish person I didn’t like. Similarly, grand-daughters formed a friendship with a couple of similar age Polish girls at school, creating a ridiculous situation where all 4 girls chatter away, each blithely switching between Polish and English in a skill developed during their primary school years. But discovering the most popular takeaway in Poland is pizza truly gave pause for thought, the nation slipping down a few notches in my estimation.

Ok, this is being written by someone who’s never eaten a pizza, regardless of whether it was from Domino’s or any of the other suppliers of pimped Italian cheese on toast. In defence, this isn’t a bias with roots in good taste but rather, the end result of a series of allergies. But despite this, I still manage to remain a “wee, fat, Scottish bloke”.

Something is certainly going on with Domino Poland’s share price as movement next above 11p suggests growth to an initial 12p with our secondary, if exceeded, at 15.2p. Visually, this appears to be quite a big deal as the share price has experienced difficulty at the 10p level since 2019 and now, appears to be starting to break free. This being the case, it’s not difficult to envisage a future 24.5p exerting a long term attraction.

If things intend go wrong, the price needs close a session below 6p to justify panic. This one is certainly a bit of an oddball, a Polish company, listed on the LSE, along with a website which doesn’t make any claims about blockchain, crypto, or even the price of gold. They do pizza and appear to be experiencing some success.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:42:18PM BRENT 7997 ‘cess
9:46:23PM GOLD 2013.84 2006 2004 1999 2011 2017 2024 2030 2009
9:54:37PM FTSE 7455.1
11:16:30PM STOX50 4353.4
11:19:41PM GERMANY 15967.3 15959 15943 15908 15984 16040 16048 16078 15982
11:23:40PM US500 4553.8 ‘cess
11:26:31PM DOW 35364 Shambles
11:29:21PM NASDAQ 15970.5
11:32:40PM JAPAN 33522 Success

 

27/11/2023 FTSE Closed at 7460 points. Change of -0.37%. Total value traded through LSE was: £ 3,464,420,361 a change of -16.59%
24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%
23/11/2023 FTSE Closed at 7483 points. Change of 0.19%. Total value traded through LSE was: £ 3,933,508,293 a change of -12.7%
22/11/2023 FTSE Closed at 7469 points. Change of -0.17%. Total value traded through LSE was: £ 4,505,503,688 a change of 12.22%
21/11/2023 FTSE Closed at 7482 points. Change of -0.19%. Total value traded through LSE was: £ 4,015,011,285 a change of -11.06%
20/11/2023 FTSE Closed at 7496 points. Change of -0.11%. Total value traded through LSE was: £ 4,514,299,465 a change of -13.95%
17/11/2023 FTSE Closed at 7504 points. Change of 1.27%. Total value traded through LSE was: £ 5,245,946,356 a change of -1.73%

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:AZN Astrazeneca** **LSE:BLOE Block Energy PLC** **LSE:OXIG Oxford Instruments** **LSE:STAR Star Energy** **LSE:TLW Tullow** **LSE:TSCO Tesco** **

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Updated charts published on : Astrazeneca, Block Energy PLC, Oxford Instruments, Star Energy, Tullow, Tesco,

LSE:AZN Astrazeneca Close Mid-Price: 9976 Percentage Change: -2.00% Day High: 10178 Day Low: 9998

If Astrazeneca experiences continued weakness below 9998, it will invaria ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 0.9 Percentage Change: -5.26% Day High: 0.95 Day Low: 0.88

Target met. Continued weakness against BLOE taking the price below 0.88 c ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2160 Percentage Change: -2.26% Day High: 2230 Day Low: 2150

Continued trades against OXIG with a mid-price ABOVE 2230 should improve ……..

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LSE:STAR Star Energy Close Mid-Price: 8.6 Percentage Change: -9.43% Day High: 9 Day Low: 8.5

If Star Energy experiences continued weakness below 8.5, it will invariab ……..

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LSE:TLW Tullow. Close Mid-Price: 38.5 Percentage Change: + 0.16% Day High: 38.92 Day Low: 38.1

Further movement against Tullow ABOVE 38.92 should improve acceleration t ……..

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LSE:TSCO Tesco. Close Mid-Price: 284.6 Percentage Change: + 0.28% Day High: 285.3 Day Low: 282.9

Target met. All Tesco needs are mid-price trades ABOVE 285.3 to improve a ……..

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

Barclays Plc (LSE:BARC) and a tale of two trends

#Brent #SP500 Barclays is proving a bit greedy, even by banking standards! For the last few years, the share price has developed a; “Why bother with one uptrend, when you can have two?” It’s almost like a deliberate attempt is taking place to confuse the markets, especially as both trend lines may be thought of as equally valid. Of course, the perennial question must be, which one is the most valid?

The answer, obviously, is a little bit impossible to say as despite the price breaking trend, it has yet to achieve any really convincing targets but despite this, the share price needs to close a session above just 144.6 to suggest all this trend break stuff is nonsense. The reason there are two trends which bother us is shown below.

The upper chart, the lower Red trend line represents the Low of the Day and dates back to 2020. Circled, on October 24th, in a completely random act, the market chose to manipulate the share price at the open of trade, gapping it solidly below the conventional Red uptrend. What was especially curious about this completely random act was the price also was opened below the Green Closing Price trend which also dated back to 2020. Our inclination is to embrace a suspicion the market “really” wants Barclays share price to reverse as by any standards, the manipulation at the market open on October 24th was quite emphatic. We use the term ‘manipulation’ quite unapologetically, the price movement being decided prior to any actual trades taking place. Anyone with access to market charts can easily recreate this and wonder just what the market is playing at. Our perspective is to pay more attention to the Green Closing Price uptrend as it starts to appear that’s the one the market is actually playing with.

From an immediate perspective, we are fairly cynical on what’s coming next. Below just 138p calculates with the potential of reversal to an initial 130p with our longer term secondary, if broken, working out at a future 120p, along with a vague potential for a bounce. In the event the 120p level breaks, about the best we dare hope for is a rebound before the 100p level. It is certainly quite odd, how the UK feels like it’s prepping each of the Big Three banks for some savage reversals.

However, Barclays need only close a session above 144.6p to turn our predictions into my boiled rice, or as we call it at home, mush!

Above 144.6p looks capable of triggering surprise recovery to an initial 152p with secondary, if exceeded, an eventual 160p and some potential hesitation, given share price behaviour at this level during this year.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
8:31:58PM BRENT 8010.9 8003 7958 7877 8096 8150 8211 8280 8117
8:34:28PM GOLD 2001.78
8:36:48PM FTSE 7489.5
8:38:44PM STOX50 4369.5
9:02:26PM GERMANY 16023.4
9:04:20PM US500 4557 4552 4547 4541 4562 4565 4620 4694 4544
9:08:10PM DOW 35395
9:11:26PM NASDAQ 15966.8
9:36:25PM JAPAN 33668

 

24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%
23/11/2023 FTSE Closed at 7483 points. Change of 0.19%. Total value traded through LSE was: £ 3,933,508,293 a change of -12.7%
22/11/2023 FTSE Closed at 7469 points. Change of -0.17%. Total value traded through LSE was: £ 4,505,503,688 a change of 12.22%
21/11/2023 FTSE Closed at 7482 points. Change of -0.19%. Total value traded through LSE was: £ 4,015,011,285 a change of -11.06%
20/11/2023 FTSE Closed at 7496 points. Change of -0.11%. Total value traded through LSE was: £ 4,514,299,465 a change of -13.95%
17/11/2023 FTSE Closed at 7504 points. Change of 1.27%. Total value traded through LSE was: £ 5,245,946,356 a change of -1.73%
16/11/2023 FTSE Closed at 7410 points. Change of -1.02%. Total value traded through LSE was: £ 5,338,555,524 a change of -8.11%

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:BARC Barclays** **LSE:BP. BP PLC** **LSE:OXIG Oxford Instruments** **LSE:TLW Tullow** **LSE:TSCO Tesco** **

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Updated charts published on : Avacta, Barclays, BP PLC, Oxford Instruments, Tullow, Tesco,

LSE:AVCT Avacta. Close Mid-Price: 140 Percentage Change: + 8.53% Day High: 141.5 Day Low: 129

This is almost interesting as above 147 now calculates with the potential ……..

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LSE:BARC Barclays. Close Mid-Price: 141.64 Percentage Change: + 1.00% Day High: 142 Day Low: 140.2

This isn’t looking great as below 138 now suggests imminent reversal down ……..

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LSE:BP. BP PLC. Close Mid-Price: 476.5 Percentage Change: + 0.63% Day High: 478.35 Day Low: 470.05

This isn’t looking good, about to adhere (I think) to my GaGa theory. Belo ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2210 Percentage Change: + 0.91% Day High: 2215 Day Low: 2175

Now above 2215 promises a visit to an initial 2317 with secondary, if bett ……..

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LSE:TLW Tullow Close Mid-Price: 38.44 Percentage Change: -0.16% Day High: 38.8 Day Low: 38.14

Continued trades against TLW with a mid-price ABOVE 38.8 should improve t ……..

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LSE:TSCO Tesco. Close Mid-Price: 283.8 Percentage Change: + 1.36% Day High: 283.8 Day Low: 278.8

Further movement against Tesco ABOVE 283.8 should improve acceleration to ……..

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