GBP vs USD & Brent Crude, Up or Down…

GBP vs USD & Brent Crude  (FX:GBPUSD & CCOM:OILBRENT) When we previously reviewed the Pound / US Dollar relationship in September, we warned of the importance of a drop target at 1.2081. The chart inset below shows this was achieved on October 3rd, the pairing closing the session at 1.2076, a treacherous 5/10,000’s below our target and thus, one we’re inclined to ignore. Obviously, we can be accused of being a little hypocritical, choosing to ignore one of our targets being broken and we’d agree, especially as the bounce hasn’t yet confirmed “bottom” is in.

For “bottom” to be confirmed, the price needs exceed 1.2375 as this should provoke recovery to an initial 1.2575. Should such a level be beaten, our secondary calculation works out at 1.2905 and closure above such a point will suggest some strong recovery during the next year.

If things intend go wrong for the pairing, below 1.2123 risks triggering reversal down to an initial 1.1937 with our secondary, if broken, calculating down at 1.1501

Brent Crude The current reversal cycle on the price of Crude is really making us wait for the next contrived excuse to keep prices high. Will it be a Saudi refinery failing, Russia threatening some sort of embargo, or the US declaring reserves are dangerously low? We’re cynical but historically, there has been a certain link between falling prices and manufactured headlines, attempting to keep crude oil high. It appears the market has ideas of its own though, recent reversals placing the price of Brent in a place where there’s a strong visual argument implying more trouble.

Below just 79.18 should now trigger reversals to an initial 77.81 with secondary, if broken, at 72.36 and perhaps a bounce. However, we do need point out such a reversal cycle places the price of Brent in a zone, where a constant reversal cycle down to an eventual 57 dollars makes a lot of sense.

It will certainly be interesting, how long this weakness takes to translate into sane fuel prices?

 

Any serious attempt to escape the current reversal cycle needs the price of Brent to exceed 84.5 dollars to convince us. This risks triggering gains to an initial 88 with our secondary, if exceeded, an eventual 95 and some hesitation, due to the historical presence of prior highs.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:17:55PM BRENT 7940
10:20:44PM GOLD 1949.83 1947 1934 1909 1958 1958 1960 1964 1952 ‘cess
10:29:52PM FTSE 7381.2
10:43:48PM STOX50 4174.3 Success
10:46:27PM GERMANY 15203.8 Success
10:50:08PM US500 4376.4
10:53:31PM DOW 34102 33981 33882 33757 34105 34170 34201 34270 34088
10:59:35PM NASDAQ 15285
11:02:31PM JAPAN 32306 ‘cess

 

8/11/2023 FTSE Closed at 7401 points. Change of -0.12%. Total value traded through LSE was: £ 7,039,129,505 a change of 60.87%
7/11/2023 FTSE Closed at 7410 points. Change of -0.09%. Total value traded through LSE was: £ 4,375,663,657 a change of 7.72%
6/11/2023 FTSE Closed at 7417 points. Change of 0%. Total value traded through LSE was: £ 4,062,204,136 a change of -15.12%
3/11/2023 FTSE Closed at 7417 points. Change of -0.39%. Total value traded through LSE was: £ 4,785,653,725 a change of -23.42%
2/11/2023 FTSE Closed at 7446 points. Change of 1.42%. Total value traded through LSE was: £ 6,249,429,649 a change of 34.92%
1/11/2023 FTSE Closed at 7342 points. Change of 0.29%. Total value traded through LSE was: £ 4,632,018,053 a change of -20.08%
31/10/2023 FTSE Closed at 7321 points. Change of -0.08%. Total value traded through LSE was: £ 5,795,517,732 a change of 15.68%

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:GENL Genel** **LSE:GRG Greggs** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SCLP Scancell** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **

********

Updated charts published on : Asos, Genel, Greggs, ITM Power, ITV, Marks and Spencer, Rolls Royce, Scancell, Tern Plc, The Trainline,

LSE:ASC Asos Close Mid-Price: 391.8 Percentage Change: -1.53% Day High: 404.9 Day Low: 389.2

All Asos needs are mid-price trades ABOVE 404.9 to improve acceleration t ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:GENL Genel Close Mid-Price: 75.1 Percentage Change: -2.09% Day High: 77.3 Day Low: 74.4

In the event Genel experiences weakness below 74.4 it calculates with a d ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:GRG Greggs. Close Mid-Price: 2534 Percentage Change: + 0.64% Day High: 2564 Day Low: 2484

In the event of Greggs enjoying further trades beyond 2564, the share sho ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

LSE:ITM ITM Power Close Mid-Price: 61.98 Percentage Change: -3.00% Day High: 64.74 Day Low: 62.02

In the event ITM Power experiences weakness below 62.02 it calculates wit ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

LSE:ITV ITV Close Mid-Price: 61.68 Percentage Change: -5.98% Day High: 62.46 Day Low: 60.9

Target met. Continued weakness against ITV taking the price below 60.9 ca ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 244.1 Percentage Change: + 8.39% Day High: 250.8 Day Low: 238.2

Continued trades against MKS with a mid-price ABOVE 250.8 should improve ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 232.4 Percentage Change: + 2.83% Day High: 236.7 Day Low: 227.7

Target met. Continued trades against RR. with a mid-price ABOVE 236.7 sho ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:SCLP Scancell Close Mid-Price: 12 Percentage Change: -2.04% Day High: 12.25 Day Low: 11.75

In the event Scancell experiences weakness below 11.75 it calculates with ……..

Subscribe for more

</p

View Previous Scancell & Big Picture ***

LSE:TERN Tern Plc Close Mid-Price: 4.25 Percentage Change: -10.53% Day High: 4.5 Day Low: 3.75

Target met. If Tern Plc experiences continued weakness below 3.75, it wil ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 291.2 Percentage Change: + 2.39% Day High: 299.8 Day Low: 278.4

All The Trainline needs are mid-price trades ABOVE 299.8 to improve accel ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

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

Tritax Eurobox & Chemring Group too (LSE:EBOX & LSE:CHG)

#FTSE #Stoxx50 We’ve had a flurry of email requests and decided to bundle these two together as they are completely diverse. Chemring, a company which should flourish in an era of armed conflict and Eurobox, a company whose only area of conflict is with good taste. Their existence is based on the hideous modern design of warehouses, the big flat box design forgetting humans have to interact with the lack of visual aesthetics.

By all means, the interior shape should be logical but the exterior could reflect tasteful architecture rather than exhibit less design than an empty Amazon box. However, it’s easy to suspect we shall witness more of this abandonment of taste as the current demise of “WeWork” permeates, the move to working from home rendering city tower offices a thing of the past in an incredibly short period of time. But nothing is standing in the way of these flat pack office complexes, quickly thrown up in the suburbs.

 

There’s a particular type of price reversal we intensely dislike, often suspecting it’s to do with market manipulation rather than any solid excuse for reversal. Obviously, this is the UK and as such, such a scenario is impossible, but if it were to happen, Ebox presents a perfect “case in point”. Logically it shouldn’t have reached the 43p level recently but it did, thanks to what feels like a very obvious level of manual control. The 43p level has certainly provoked a half hearted bounce but the greater danger comes with any future break of 43p as further reversal to an ultimate bottom 34p is expected, along with another attempt at a rebound.

However, the lacklustre bounce from 43p does provide some immediate hope as above 51p now calculates with the potential of a lift to an initial 56p with our longer term secondary, if exceeded, coming in at a more useful 70p, along with some hesitation in any rise, if only due to the share price experiencing historical reticence at such a level. This time around, we’d suspect any stutters shall prove to be short lived as the price shall be viewed as breaking free from the downtrend since the start of 2022.

 

Chemring Group, doubtless doing well due to the wars taking place, have a website which is surely worth a visit. They are a company we’ve long known about, yet been unaware of the extent to their activities. They even make the countermeasure flares for F-35 aircraft, probably the most sophisticated fireworks on the planet. From a personal perspective, it’s nice how they reframe the word “explosive” as “energetic materials”, making me wonder if I could get away with describing one of my compressed air cola bottle targets as “an energetic material” when it detonates with a flurry of chalk powder going everywhere. Somehow, it’s doubtful my wife would accept the name change for the hysterical bang.

 

Their share price has proven quite tranquil during 2023. From looking at the pattern of price movement, it looks like the share need only exceed 299p to trigger fairly near term gains to an initial 325p with out longer term secondary, if exceeded, working out at a future 365p.

If everything intends go wrong, the share price requires to descend below 265p to potentially trigger reversal to an initial 235p with our secondary, if broken, calculating at an impossible looking 130p. Who knows, it may be the case military organisations are still using their stored “energetic materials” and fireworks, not yet in the position of re-ordering stocks for their warehouses?

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:21:52PM BRENT 81.6 Success
9:25:25PM GOLD 1969.29 Success
9:54:04PM FTSE 7407 7394 7385 7368 7414 7438 7460 7482 7407
9:57:04PM STOX50 4153 4133 4120 4095 4163 4168 4175 4189 4142 ‘cess
10:03:51PM GERMANY 15158 Shambles
10:06:21PM US500 4383
10:08:38PM DOW 34171.9
10:10:41PM NASDAQ 15308 ‘cess
10:13:26PM JAPAN 32478 Success

 

7/11/2023 FTSE Closed at 7410 points. Change of -0.09%. Total value traded through LSE was: £ 4,375,663,657 a change of 7.72%
6/11/2023 FTSE Closed at 7417 points. Change of 0%. Total value traded through LSE was: £ 4,062,204,136 a change of -15.12%
3/11/2023 FTSE Closed at 7417 points. Change of -0.39%. Total value traded through LSE was: £ 4,785,653,725 a change of -23.42%
2/11/2023 FTSE Closed at 7446 points. Change of 1.42%. Total value traded through LSE was: £ 6,249,429,649 a change of 34.92%
1/11/2023 FTSE Closed at 7342 points. Change of 0.29%. Total value traded through LSE was: £ 4,632,018,053 a change of -20.08%
31/10/2023 FTSE Closed at 7321 points. Change of -0.08%. Total value traded through LSE was: £ 5,795,517,732 a change of 15.68%
30/10/2023 FTSE Closed at 7327 points. Change of 0.49%. Total value traded through LSE was: £ 5,010,011,648 a change of 25.72%

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:AZN Astrazeneca** **LSE:BDEV Barrett Devs** **LSE:CPI Capita** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Asos, Astrazeneca, Barrett Devs, Capita, Quadrise, Rolls Royce,

LSE:ASC Asos. Close Mid-Price: 397.9 Percentage Change: + 2.10% Day High: 403 Day Low: 386.3

In the event of Asos enjoying further trades beyond 403, the share should ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:AZN Astrazeneca Close Mid-Price: 10230 Percentage Change: -0.45% Day High: 10290 Day Low: 10146

Continued weakness against AZN taking the price below 10146 calculates as ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BDEV Barrett Devs. Close Mid-Price: 449.7 Percentage Change: + 2.25% Day High: 453.8 Day Low: 437.9

Continued trades against BDEV with a mid-price ABOVE 453.8 should improve ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 18.12 Percentage Change: + 0.89% Day High: 18.44 Day Low: 17.68

Continued trades against CPI with a mid-price ABOVE 18.44 should improve ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:QED Quadrise. Close Mid-Price: 1.34 Percentage Change: + 9.84% Day High: 1.4 Day Low: 1.24

Further movement against Quadrise ABOVE 1.4 should improve acceleration t ……..

Subscribe for more

</p

View Previous Quadrise & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 226 Percentage Change: + 0.85% Day High: 227.1 Day Low: 223.7

All Rolls Royce needs are mid-price trades ABOVE 227.1 to improve acceler ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

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

Harbour Energy Plc (LSE:HBR) facing winter storm?

#Gold #SP500 It’s been a year since we reviewed Harbour Energy, a year in which very little of significance has occurred with the share price. This, the largest independent UK oil company, appears capable of ignoring fluctuations in oil prices, the odd war, and shenanigans with Saudi Arabia trying to influence the price of oil. Instead, Harbour has been effectively becalmed.

Perhaps recent news of forthcoming changes in UK licence procedures shall finally provide the impetus for Harbour to do something useful. Apparently, they intend increase capital expenditure and with interests in the United Kingdom, Asia, Africa, and even Mexico, they’ve certainly spread their oily eggs among a lot of baskets and political regimes..

Presently trading around 239p, the share price needs below 229p to risk triggering some reversals to an initial 220p and hopefully a bounce as it once again challenges the level of prior lows. Our secondary, if broken, is at 203p and dangerous, placing the share price in a region where a cycle to an ultimate bottom of 95p could easily commence.

Any attempt to dig the share out of trouble requires the price to exceed Blue on the chart, presently around 259p, to hopefully trigger share price recovery toward an initial 287p with secondary, if exceeded, a longer term 306p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:09:37PM BRENT 85.08
10:25:53PM GOLD 1978 1977 1972 1962 1984 1989 1992 1997 1981
10:27:59PM FTSE 7425.5
10:30:02PM STOX50 4159
10:32:41PM GERMANY 15138.97 ‘cess
10:35:55PM US500 4366 4343 4333 4319 4370 4375 4505 4640 4347
10:40:14PM DOW 34068
10:42:33PM NASDAQ 15153.08
10:44:53PM JAPAN 32595

 

6/11/2023 FTSE Closed at 7417 points. Change of 0%. Total value traded through LSE was: £ 4,062,204,136 a change of -15.12%
3/11/2023 FTSE Closed at 7417 points. Change of -0.39%. Total value traded through LSE was: £ 4,785,653,725 a change of -23.42%
2/11/2023 FTSE Closed at 7446 points. Change of 1.42%. Total value traded through LSE was: £ 6,249,429,649 a change of 34.92%
1/11/2023 FTSE Closed at 7342 points. Change of 0.29%. Total value traded through LSE was: £ 4,632,018,053 a change of -20.08%
31/10/2023 FTSE Closed at 7321 points. Change of -0.08%. Total value traded through LSE was: £ 5,795,517,732 a change of 15.68%
30/10/2023 FTSE Closed at 7327 points. Change of 0.49%. Total value traded through LSE was: £ 5,010,011,648 a change of 25.72%
27/10/2023 FTSE Closed at 7291 points. Change of -0.86%. Total value traded through LSE was: £ 3,985,095,310 a change of -23.59%

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:BT.A British Telecom** **LSE:IAG British Airways** **LSE:OCDO Ocado Plc** **LSE:OPG OPG Power Ventures** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Asos, British Telecom, British Airways, Ocado Plc, OPG Power Ventures, Quadrise, Rolls Royce,

LSE:ASC Asos. Close Mid-Price: 389.7 Percentage Change: + 4.76% Day High: 393 Day Low: 364

Further movement against Asos ABOVE 393 should improve acceleration towar ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 124.2 Percentage Change: + 0.04% Day High: 125.15 Day Low: 123.15

All British Telecom needs are mid-price trades ABOVE 125.15 to improve ac ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:IAG British Airways Close Mid-Price: 149.3 Percentage Change: -0.76% Day High: 153 Day Low: 149.2

All British Airways needs are mid-price trades ABOVE 153 to improve acce ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:OCDO Ocado Plc Close Mid-Price: 530 Percentage Change: -2.25% Day High: 573.6 Day Low: 532.6

Continued trades against OCDO with a mid-price ABOVE 573.6 should improve ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:OPG OPG Power Ventures. Close Mid-Price: 12.5 Percentage Change: + 14.68% Day High: 13.75 Day Low: 10.4

Target met. Continued trades against OPG with a mid-price ABOVE 13.75 sho ……..

Subscribe for more

</p

View Previous OPG Power Ventures & Big Picture ***

LSE:QED Quadrise. Close Mid-Price: 1.22 Percentage Change: + 6.09% Day High: 1.24 Day Low: 1.1

Above 1.24 calculates with the potential of a lift to 1.49 with secondary, ……..

Subscribe for more

</p

View Previous Quadrise & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 224.1 Percentage Change: + 1.45% Day High: 225.9 Day Low: 220.6

In the event of Rolls Royce enjoying further trades beyond 225.9, the sha ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

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

Barclays Plc (LSE:BARC) and learning patience

#Brent #Dax When Bob Dylan wrote the line; “Speeding like a tumblin’ bullet through a hot New Jersey night.”, personally I thought it’s a bit daft as no sane person would shoot a gun without certainty of achieving target. We’ve a big rule locally; any animal on the shooting range makes it a no fire zone. It’s quite a bit deal, and sometimes disruptive due to red squirrel, deer, wood pigeon all finding it hilarious to parade in front of a frustrated shooter.  Using the gas powered rifle to assassinate a crow or fat pigeon is a big no no.  This is quite a big deal from a personal perspective, designed to keep the range safe and also, so assuage a personal hatred of needlessly killing animals.

Obviously, this personal hysteria dwindles when fishing, as locally, a fish called mackerel appear anxious to be caught. It’s genuinely not unusual to catch more than four of the things at a time but personally, taking more than 20 of the things home is silly as we run out of freezer space. But something funny happened in the garden this weekend while I was fussing with the little red tractor. A movement caught my eye as a large grey coloured rat emerged from below a log shelter.

For every rule, there are exceptions and it transpires rats are my own line in the sand. With indecent haste, after unlocking the gun cabinet, charging the rifle, loading a magazine, the transformation to sharp shooter was complete, sitting on the tractor while watching for the rat to make another appearance.

What the animal didn’t know was years of patience watching the UK’s retail bank sector had provided sufficient reserves of boredom, just waiting for something to happen. In the case of the garden rat, it remained out of sight but the camera which once scanned the front of the house now is positioned at the rear, my phone impatiently waiting for an alert from the movement sensor. Meanwhile, my wife bought some rat poison as she’s working on the basis I shall be too squeamish to pull the trigger, if the monster appears.

 

To get out of their immediate mess, Barclays share price needs close a session above 139p as this should rather neatly eradicate the reversal potentials. Closure above 139p should make surprise recovery to an initial 147p possible with secondary, if exceeded, at 161p and some probable hesitation, judging by the share price history at such a level. Future closure above 161p shall be viewed as quite a big deal, carrying an expectation of share price recovery to 181p and beyond. In the event the market discovers an excuse to gap Barclays up above Blue on the chart, this is almost certain to be a big deal for the longer term as it’s liable to be an early shot signalling proper price recovery.

 

Of course, we’ve an alternate argument, one which is quite painful. Movement now wandering below 129p risks promoting the concept of reversal to an initial 119p with secondary, if broken, at 116p. The proximity of these target levels tends suggest a share price bounce shall be possible, especially as any movement below 116p calculates with an eventual bottom potential at 100p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:04:12PM BRENT 8508 8438 8394 8273 8541 8675 8714 8806 8552
10:06:09PM GOLD 1992.72
10:12:37PM FTSE 7406.04
10:15:05PM STOX50 4180.6
7:29:39PM GERMANY 15199 15146 15105 15049 15215 15273 15364 15624 15146
7:36:39PM US500 4360.53
7:40:43PM DOW 34063
7:46:08PM NASDAQ 15106
7:52:24PM JAPAN 32738

 

3/11/2023 FTSE Closed at 7417 points. Change of -0.39%. Total value traded through LSE was: £ 4,785,653,725 a change of -23.42%
2/11/2023 FTSE Closed at 7446 points. Change of 1.42%. Total value traded through LSE was: £ 6,249,429,649 a change of 34.92%
1/11/2023 FTSE Closed at 7342 points. Change of 0.29%. Total value traded through LSE was: £ 4,632,018,053 a change of -20.08%
31/10/2023 FTSE Closed at 7321 points. Change of -0.08%. Total value traded through LSE was: £ 5,795,517,732 a change of 15.68%
30/10/2023 FTSE Closed at 7327 points. Change of 0.49%. Total value traded through LSE was: £ 5,010,011,648 a change of 25.72%
27/10/2023 FTSE Closed at 7291 points. Change of -0.86%. Total value traded through LSE was: £ 3,985,095,310 a change of -23.59%
26/10/2023 FTSE Closed at 7354 points. Change of -0.81%. Total value traded through LSE was: £ 5,215,729,676 a change of -2.48%

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:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:FGP Firstgroup** **LSE:IAG British Airways** **LSE:OCDO Ocado Plc** **LSE:SPT Spirent Comms** **

********

Updated charts published on : Astrazeneca, Barrett Devs, British Telecom, Carclo, Capita, Firstgroup, British Airways, Ocado Plc, Spirent Comms,

LSE:AZN Astrazeneca Close Mid-Price: 10270 Percentage Change: -0.89% Day High: 10364 Day Low: 10162

If Astrazeneca experiences continued weakness below 10162, it will invari ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BDEV Barrett Devs. Close Mid-Price: 442.4 Percentage Change: + 2.31% Day High: 447.4 Day Low: 431.4

All Barrett Devs needs are mid-price trades ABOVE 447.4 to improve accele ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 124.15 Percentage Change: + 5.70% Day High: 123.85 Day Low: 116.7

Continued trades against BT.A with a mid-price ABOVE 123.85 should improv ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:CAR Carclo Close Mid-Price: 10.15 Percentage Change: -0.98% Day High: 10.9 Day Low: 9.5

Weakness on Carclo below 9.5 will invariably lead to 9.25 with secondary, ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 17.77 Percentage Change: + 3.01% Day High: 18.25 Day Low: 17

All Capita needs are mid-price trades ABOVE 18.25 to improve acceleration ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:FGP Firstgroup Close Mid-Price: 162.6 Percentage Change: -0.37% Day High: 164.4 Day Low: 160

Continued trades against FGP with a mid-price ABOVE 164.4 should improve ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 150.45 Percentage Change: + 1.86% Day High: 151.7 Day Low: 147.85

Further movement against British Airways ABOVE 151.7 should improve acce ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:OCDO Ocado Plc. Close Mid-Price: 542.2 Percentage Change: + 6.48% Day High: 571.4 Day Low: 508.2

In the event of Ocado Plc enjoying further trades beyond 571.4, the share ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:SPT Spirent Comms. Close Mid-Price: 100.9 Percentage Change: + 2.96% Day High: 102.1 Day Low: 98.05

Continued trades against SPT with a mid-price ABOVE 102.1 should improve ……..

Subscribe for more

</p

View Previous Spirent Comms & Big Picture ***

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

Our world famous FTSE for FRIDAY

#FTSE #GOLD We often comment about the markets sense of humour and in this instance, the FTSE has everyone laughing in the aisles. Last Friday, the FTSE made a movement which looked like the first shot in triggering a period of severe reversals with a drop target level around 7100 points. The reversal potentials were even confirmed as recently as Wednesday with the index closing the day at 7342 points, quite literally exactly the level of trend break.

This sort of thing, from our “charty” perspective, is quite a big deal. We always argue if a price closes a session above the level of trend break, in the immediate instance of the FTSE, the market wasn’t giving anything away until Thursday. Despite intraday values scurrying above the trend, we’ve learned to treat a break seriously until such time the market closes above the level of the break and in this instance, it was at 7342 points. As we mentioned, we regard the index as having a sense of humour, often suspecting intraday spikes are designed to confuse traders and in this case, “they” played a blinder. It for this reason we insist on playing safe with our demand to see a price CLOSE above certain levels, rather than blithely trust intraday traffic.

 

The foregoing suggests we should anticipate market gains for Friday, if only due to the FTSE undoing the damage from a week ago. We work on the basis we’re not the only folk with a drawer of Red crayons and it’s likely some optimism will enter the day. If anyone is feeling nervous, we’re happy to supply some “Lucky White Heather” as this year, our garden has produced indecent amounts of the stuff. Though we suspect it’s probably got more to do with the incessant rain here in Argyll… Perhaps also, the fact a personal issue with insect bites ensured the bush beds in the garden were assiduously avoided this year from June onward, the risk of sepsis being a very real issue if further numbers of insects chose to dine on this writers very desirable blood. While this has created an “out of control” visual, a brutal add-on to the garden strimmer is about to resolve the issue and thankfully, we’ve got the sea outside in which to dump plant debris.

In the event the FTSE exceeds 7474 points, ideally NOT with a spike upward in the opening second of trade, it’s liable to trigger market gains in the direction of an initial 7514 points. Should such a level be exceeded, our secondary works out at 7576 points. In a normal situation, we’d be quite reticent about this secondary ambition as the FTSE tends not to be a market which gifts back to back 100+ point days but in this instance, we’ll dispense with our usual cautionary statements, instead hoping for the best. Unfortunately, if positive movement does trigger, the tightest safe stop loss level is quite silly, down at 7360 points. There’s a chance below 7380 will give early warning of things going utterly wrong but, with the level of gains available, ‘with great reward comes great risk’, to paraphrase Spiderman.

 

Below 7360 would certainly be troubling, risking triggering reversal down to an initial 7262 with secondary, if broken, now calculating at 7102 points. Visually this scenario appears unlikely but, as the Covid-19 enquiry is showing, things are rarely what they seem.

 

Have a good weekend and hopefully the Brazil Grand Prix turns out to be a good one.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:52:42PM BRENT 8665 8447 8409 8554 8689 8722 8648 ‘cess
8:55:54PM GOLD 1985.2 1976 1969 1982 1992 1996 1985
8:58:48PM FTSE 7467.8 7374 7333 7400 7474 7506 7434 Success
9:00:59PM STOX50 4187 4114 4082 4131 4190 4204 4160
9:09:14PM GERMANY 15219.4 15122 15093 15192 15228 15263 15124 Success
9:12:41PM US500 4314.3 4244 4211 4265 4321 4355 4291 Success
9:15:17PM DOW 33839 33285 33173 33401 33868 33947 33603 Success
9:18:28PM NASDAQ 14890.9 14706 14683 14783 14941 15112 14836 ‘cess
9:21:42PM JAPAN 32321 31829 31698 31989 32361 32645 32115
2/11/2023 FTSE Closed at 7446 points. Change of 1.42%. Total value traded through LSE was: £ 6,249,429,649 a change of 34.92%
1/11/2023 FTSE Closed at 7342 points. Change of 0.29%. Total value traded through LSE was: £ 4,632,018,053 a change of -20.08%
31/10/2023 FTSE Closed at 7321 points. Change of -0.08%. Total value traded through LSE was: £ 5,795,517,732 a change of 15.68%
30/10/2023 FTSE Closed at 7327 points. Change of 0.49%. Total value traded through LSE was: £ 5,010,011,648 a change of 25.72%
27/10/2023 FTSE Closed at 7291 points. Change of -0.86%. Total value traded through LSE was: £ 3,985,095,310 a change of -23.59%
26/10/2023 FTSE Closed at 7354 points. Change of -0.81%. Total value traded through LSE was: £ 5,215,729,676 a change of -2.48%
25/10/2023 FTSE Closed at 7414 points. Change of 0.34%. Total value traded through LSE was: £ 5,348,410,782 a change of 19.98%

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:CPI Capita** **LSE:FGP Firstgroup** **LSE:IAG British Airways** **LSE:RR. Rolls Royce** **LSE:SCLP Scancell** **LSE:TRN The Trainline** **

********

Updated charts published on : Capita, Firstgroup, British Airways, Rolls Royce, Scancell, The Trainline,

LSE:CPI Capita. Close Mid-Price: 17.25 Percentage Change: + 2.01% Day High: 17.44 Day Low: 16.58

Further movement against Capita ABOVE 17.44 should improve acceleration t ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:FGP Firstgroup. Close Mid-Price: 163.2 Percentage Change: + 1.56% Day High: 162.3 Day Low: 158.6

Target met. All Firstgroup needs are mid-price trades ABOVE 162.3 to impr ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 147.7 Percentage Change: + 2.04% Day High: 149.85 Day Low: 145.85

Continued trades against IAG with a mid-price ABOVE 149.85 should improve ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 223.6 Percentage Change: + 1.50% Day High: 225.6 Day Low: 221.5

Further movement against Rolls Royce ABOVE 225.6 should improve accelerat ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:SCLP Scancell Close Mid-Price: 12.25 Percentage Change: -1.01% Day High: 12.38 Day Low: 12.12

Continued weakness against SCLP taking the price below 12.12 calculates a ……..

Subscribe for more

</p

View Previous Scancell & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 284.2 Percentage Change: + 8.14% Day High: 296 Day Low: 264

Target met. Continued trades against TRN with a mid-price ABOVE 296 shoul ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

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

Sainsbury Plc (LSE:SBRY) and positive results?

#Stoxx50 #SP500 When struggling with the decision of what to write about a share, we will often review mentions in Google News as sometimes this can be sufficient to kick start the process of trying to produce an interesting article. Sainsbury, due to release some financial results on Thursday 2nd November, obliged on the news front with the astounding announcement they are about to start selling Pineapples without the green leafy bit.

GB News managed to take first prize in the Clickbait Odds, reporting “Sainsbury rolls out a HUGE change to staple food…”, a truly impressive headline only let down by a story limper than a lettuce racing Liz Truss for longevity. Once choosing to ignore all the “green” nonsense credentials, it transpires it’s cheaper to ship pineapples without their crowns. Doubtless, this is indicative of the lengths the supermarket are willing to take in efforts to reduce costs seamlessly and perhaps an indication of what we should anticipate from their financials. If only they’d do something about their abhorrent self service checkouts.

 

From a near term perspective, it feels like the market are anticipating positive news from Sainsbury. It’s certainly the case movement above 262p calculates with the potential of a lift to 274p with secondary, if exceeded, at 282p. The secondary looks fairly significant, allowing the share price to produce a higher high, along with breaking above the downtrend since 2021. This will result in us believing we have produced a viable third level ambition, one which calculates at a future 323p.

However, if the supermarket sector intends follow the master class of irrational share movements from the Financial Sector, we’d have concerns should the market find itself motivated to break below Red, currently 250p, as this risks traffic down to an initial 240p with secondary, if broken, at 224p. We have quite a strong reason to hope for a bounce, should the 224p level make itself known.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:38PM FTSE 7366.5 Shambles
10:18:18PM BRENT 8469 ‘cess
10:21:12PM GOLD 1982.9
10:24:20PM STOX50 4110.2 4083 4074 4060 4102 4117 4121 4165 4091 Success
10:28:30PM GERMANY 14986 ‘cess
10:33:58PM US500 4240 4200 4189 4170 4220 4245 4261 4284 4214 Success
10:37:07PM DOW 33275 Success
10:40:58PM NASDAQ 14688.3
10:43:36PM JAPAN 31895 Success

 

1/11/2023 FTSE Closed at 7342 points. Change of 0.29%. Total value traded through LSE was: £ 4,632,018,053 a change of -20.08%
31/10/2023 FTSE Closed at 7321 points. Change of -0.08%. Total value traded through LSE was: £ 5,795,517,732 a change of 15.68%
30/10/2023 FTSE Closed at 7327 points. Change of 0.49%. Total value traded through LSE was: £ 5,010,011,648 a change of 25.72%
27/10/2023 FTSE Closed at 7291 points. Change of -0.86%. Total value traded through LSE was: £ 3,985,095,310 a change of -23.59%
26/10/2023 FTSE Closed at 7354 points. Change of -0.81%. Total value traded through LSE was: £ 5,215,729,676 a change of -2.48%
25/10/2023 FTSE Closed at 7414 points. Change of 0.34%. Total value traded through LSE was: £ 5,348,410,782 a change of 19.98%
24/10/2023 FTSE Closed at 7389 points. Change of 0.2%. Total value traded through LSE was: £ 4,457,908,651 a change of 13.65%

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:ASC Asos** **LSE:AZN Astrazeneca** **LSE:IQE IQE** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Aston Martin, Asos, Astrazeneca, IQE, Rolls Royce,

LSE:AML Aston Martin Close Mid-Price: 199.3 Percentage Change: -8.91% Day High: 217.6 Day Low: 180

Target met. In the event Aston Martin experiences weakness below 180 it c ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:ASC Asos Close Mid-Price: 365 Percentage Change: -7.69% Day High: 384.8 Day Low: 344.4

Now below 344 indicates the potential of reversal to an initial 317 with s ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:AZN Astrazeneca. Close Mid-Price: 10336 Percentage Change: + 0.84% Day High: 10402 Day Low: 10248

Movement continuing below 10248 calculates with the potential of reversals ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:IQE IQE. Close Mid-Price: 14.5 Percentage Change: + 6.30% Day High: 14.8 Day Low: 12.32

Target met. Weakness on IQE below 12.32 will invariably lead to 11.9p wit ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 220.3 Percentage Change: + 2.27% Day High: 220.9 Day Low: 214.7

This is getting interesting (again) as above 221 now works out with the po ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

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

Close Brothers Group Plc, inventors of Gold Rush!

#FTSE #Nasdaq UK merchant banker, Close Brothers, are fascinating. Regular readers will know of our weakness for the TV program Gold Rush but we were completely unaware Close Brothers made it all possible. It all started, when they bunged the US Government 10 thousand pounds for the right to build a railway into the heart of the Yukon in Alaska. From reading about the task, they’d probably have found constructing an upside down full replica of the Great Pyramid easier.

The company ever financed steamboats to transport budding millionaires up the River Yukon to the main goldfields, where most would return empty handed. The Close Brothers website provides a vastly cut down version of the story. One questionable date in their history came in 1985 with their “rescue” of Acorn Computers from the brink of collapse. It’s questionable, due to the writing being on the wall (and everywhere else) for the dreadful Acorn architecture, clinging to an idea which had died and been buried 4 years earlier with the IBM XT rollout. A personal memory of standing in the rain on a pavement in Edinburgh, similar to some Apple Cult sado nowadays, back in 1981 waiting to purchase an IBM (which were in short supply) will never go away. As the youngest person in the company, I was deemed safe to be sent out with £3k in cash as I’d be the one learning about computers! After driving back to the office, a baptism of fire followed due to everything needing installed for the very first time on the “massive” 10mb hard disk. Even then, buying an Acorn seems a strange decision, akin to Close Brothers choosing to save a horseshoe company from the predations of the motor car.

 

In common with many entities within the financial sector, Close Brothers share price isn’t in the happiest visual place. The recent decision to gap the price below their Red uptrend (circled) since 2009 in an obvious concern, along with a source of hope. To view the positive first, we’ve given a little extract of movements since July.

The share price clearly respected this Red line with the implication it need only trade above 800p currently to suggest something positive may be happening. As always, our preference will be for the share price to actually close a session above Red but we’ve a sneaking suspicion some sort of excuse shall be found to gap (manipulate) the price back above Red and if this should be the case, there’s quite a strong argument favouring happy days ahead. In this instance, we can cautiously calculate above 800p should make an attempt at an initial 860p with secondary, if exceeded, a long term 970p and a need to re-examine the tea leaves.

Alternately, below 723p risks being controversial, possibly triggering reversals down to an initial 529p with our secondary, if broken, at 445p and a bottom, a price level below which we cannot currently calculate.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:18:18PM BRENT 8531 ‘cess
9:22:45PM GOLD 1983.45 Success
9:25:39PM FTSE 7325 7308 7289 7260 7338 7382 7413 7464 7345 Shambles
9:47:01PM STOX50 4068
10:05:12PM GERMANY 14839.9 Success
10:10:22PM US500 4183.5 ‘cess
10:14:38PM DOW 32990.5 ‘cess
10:16:36PM NASDAQ 14378.3 14232 14178 14097 14287 14422 14445 14476 14333
10:21:10PM JAPAN 31335 Success

 

31/10/2023 FTSE Closed at 7321 points. Change of -0.08%. Total value traded through LSE was: £ 5,795,517,732 a change of 15.68%
30/10/2023 FTSE Closed at 7327 points. Change of 0.49%. Total value traded through LSE was: £ 5,010,011,648 a change of 25.72%
27/10/2023 FTSE Closed at 7291 points. Change of -0.86%. Total value traded through LSE was: £ 3,985,095,310 a change of -23.59%
26/10/2023 FTSE Closed at 7354 points. Change of -0.81%. Total value traded through LSE was: £ 5,215,729,676 a change of -2.48%
25/10/2023 FTSE Closed at 7414 points. Change of 0.34%. Total value traded through LSE was: £ 5,348,410,782 a change of 19.98%
24/10/2023 FTSE Closed at 7389 points. Change of 0.2%. Total value traded through LSE was: £ 4,457,908,651 a change of 13.65%
23/10/2023 FTSE Closed at 7374 points. Change of -0.38%. Total value traded through LSE was: £ 3,922,414,231 a change of -25.79%

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

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

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

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

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

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

Click Epic to jump to share: LSE:CASP Caspian** **LSE:CPI Capita** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:SCLP Scancell** **

********

Updated charts published on : Caspian, Capita, IQE, ITM Power, Scancell,

LSE:CASP Caspian Close Mid-Price: 2.8 Percentage Change: -8.20% Day High: 2.95 Day Low: 2.7

If Caspian experiences continued weakness below 2.7, it will invariably l ……..

Subscribe for more

</p

View Previous Caspian & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 16.77 Percentage Change: + 0.72% Day High: 17.1 Day Low: 16.63

In the event of Capita enjoying further trades beyond 17.1, the share sho ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:IQE IQE Close Mid-Price: 13.64 Percentage Change: -6.32% Day High: 14.76 Day Low: 13.6

In the event IQE experiences weakness below 13.6 it calculates with a dro ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:ITM ITM Power. Close Mid-Price: 64.62 Percentage Change: + 1.54% Day High: 65.74 Day Low: 62.5

Target met. If ITM Power experiences continued weakness below 62.5, it wi ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

LSE:SCLP Scancell Close Mid-Price: 12.38 Percentage Change: -2.94% Day High: 13.38 Day Low: 12.25

Weakness on Scancell below 12.25 will invariably lead to 6.2p with second ……..

Subscribe for more

</p

View Previous Scancell & Big Picture ***

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