Author: T&T Staff

#FTSE #Nasdaq When we wrote “first world problem” the other day, it was a suitably disparaging statement to describe the utter suffering experienced, when your Espresso machine has a heated top area, capable of ensuring your stomper has coffee adhering strongly and the two brushes for cleaning things get ruined. But, to be completely honest, there was another quite different need to create an air gap above the top of the coffee machine.

Before skipping ahead and thinking; “this nonsense will never happen to me!”, it will. You reach an age when it feels you may be single handedly keeping the pharmaceutical industry afloat, finding yourself in a zone of hell, pills to take in the morning and pills to take at night. It wasn’t difficult to designate the coffee machine as the pill tray holder, simply turning the tray around when the designated doze of pills were popped. “Night-time Monday pills, rotate it so Day-time Tuesday is next”. No-one wants to habitually take pills but placement of the sodding things makes for an easy reminder, given the importance of starting the day with a coffee.

This is where the issue arose, due to the harsh reality of Cod Liver Oil capsules. These things reside quite happily in a pill tray but dislike heat, especially from an Espresso machine. This runs the risk of accidentally forgetting to turn off the gizmo, finding the capsules melted and merged chemotherapy, blood pressure, diabetes, and even gout prevention pills into a gooey mess.  And thus, it was either the case of abandoning my coffee machine, abandoning my pill intake, or figuring out how to do things better. Which brought me, once again, to the 3d Printer from hell which as I write this, apparently is printing the components for a new shelf capable of holding the coffee stomper, two brushes, and a tray of 7 Day and Night drugs. The job will take around 4 hours…

Phoenix Group share price has enacted something quite interesting. We shall be revisit the share during December but the market indeed opted to gap the price back up above Red on the chart.

McBride Plc This is quite an impressive company, supplying the stock market equivalent for famous “covers” groups such as Led Zeppelin. Everyone uses their products but, due to rebranding for whatever company label is being stuck on the product, remain anonymous. It was surprising to note their cleaning products are supplied through 49 out of 50 of Europe’s top grocery retailers.

Their share price has enjoyed a pretty dire journey since 2017 but recently has started to exhibit some signs of it coming alive again.

During October, the share price was gapped up above an arguable downtrend, the movement suggesting growth exceeding 64p should make an attempt at an initial 80p with secondary, if bettered, at a longer term 108p, perhaps even 150p thanks to the massive gap down in 2019 utterly skewing the numbers. We’re fairly happy about the prospects of a future 80p but suspect we shall need revisit the numbers once such a level is attained.

The share price needs below 38p to utterly foul up our numeric predictions.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:15:06PM	BRENT	8237.2
9:18:16PM	GOLD	1998.31									Success
9:22:06PM	FTSE	7481	7446	7437	7410	7466	7505	7522	7547	7475
9:29:47PM	STOX50	4327.5
9:41:39PM	GERMANY	15904.3
9:44:19PM	US500	4534.8
9:48:02PM	DOW	35073.2
9:53:17PM	NASDAQ	15912.8	15860	15822	15740	15940	15986	16005	16053	15944
10:00:11PM	JAPAN	33173

 

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%

15/11/2023 FTSE Closed at 7486 points. Change of 0.62%. Total value traded through LSE was: £ 5,809,987,386 a change of 5.78%

14/11/2023 FTSE Closed at 7440 points. Change of 0.2%. Total value traded through LSE was: £ 5,492,695,208 a change of 7.64%

13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%

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:BDEV Barrett Devs** **LSE:CPI Capita** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:RKH Rockhopper** **LSE:SPT Spirent Comms** **

********

Updated charts published on : Aston Martin, Barrett Devs, Capita, British Airways, ITM Power, Rockhopper, Spirent Comms,

LSE:AML Aston Martin Close Mid-Price: 230 Percentage Change: -0.09% Day High: 235.6 Day Low: 229.4

All Aston Martin needs are mid-price trades ABOVE 235.6 to improve accele ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:BDEV Barrett Devs. Close Mid-Price: 492.4 Percentage Change: + 1.07% Day High: 494.6 Day Low: 487.7

In the event of Barrett Devs enjoying further trades beyond 494.6, the sh ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 20.6 Percentage Change: + 7.29% Day High: 21.5 Day Low: 19.74

Target met. Continued trades against CPI with a mid-price ABOVE 21.5 shou ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:IAG British Airways Close Mid-Price: 155.45 Percentage Change: -4.98% Day High: 165.4 Day Low: 155.8

In the event of British Airways enjoying further trades beyond 165.4, th ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:ITM ITM Power Close Mid-Price: 55.04 Percentage Change: -6.08% Day High: 58.5 Day Low: 54.7

In the event ITM Power experiences weakness below 54.7 it calculates with ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

LSE:RKH Rockhopper Close Mid-Price: 11.45 Percentage Change: -5.76% Day High: 12 Day Low: 11.4

Weakness on Rockhopper below 11.4 will invariably lead to 11p, a short li ……..

Subscribe for more

</p

View Previous Rockhopper & Big Picture ***

LSE:SPT Spirent Comms. Close Mid-Price: 108.2 Percentage Change: + 0.56% Day High: 109 Day Low: 106.2

Continued trades against SPT with a mid-price ABOVE 109 should improve th ……..

Subscribe for more

</p

View Previous Spirent Comms & Big Picture ***

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

#Gold #SP500 We reviewed Legal and General back in July, confidently predicting the potential of reversal to 193p and below. An email politely enquired, if we’d like to change our stance on the share, given it “only” fell to 203p and appears to be bouncing? This thankfully gives us an excuse to present recent movements as a ‘learning opportunity’, rather than admit we got it wrong!

The ‘Learning Opportunity’ comes from what occurred, once the share price bounced as two separate and hopefully significant things took place.

Firstly, the price of LGEN closed above the level of the trend break, on November 13th ending the day at 225p. This ticks a pretty important box as generally we take this as a signal everything has changed.

Secondly, and perhaps more importantly, the share price has chosen to regain the prior Red uptrend, quite literally manipulated (gapped) above the trend on November 15th and this provides what is usually a strong indication the market has had a change of heart for the future. Despite the share price squirming around like a Conservative politician, when asked about Covid-19 events, our inclination is to take hope for the immediate future.

Currently, above 232p should prove capable of triggering a nod in the direction of 240p with our longer term secondary, if bettered, at a future 270p. This secondary is doubtless going to prove important, if achieved, as it has the capability of declaring a new high for the share price in 2023, especially as it dumps the price into a zone where a distant cycle to 308p can be expected.

As usual, we can provide a slightly vague converse scenario as perhaps the market shall indulge its sense of humour, one which suggests weakness next below 224p risks promoting the idea of reversal down to 205p. If broken, our secondary calculates at 191p and hopefully a bounce.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:58:43PM	BRENT	8187.7
10:03:45PM	GOLD	1977.41	1966	1954	1944	1969	1983	1986	1993	1972	Success
10:06:14PM	FTSE	7490
10:10:15PM	STOX50	4345
10:12:49PM	GERMANY	15925
10:15:30PM	US500	4547.6	4505	4486	4462	4525	4559	4611	4683	4497	‘cess
10:25:53PM	DOW	35154.3
10:28:25PM	NASDAQ	16025.9
10:31:49PM	JAPAN	33404									Success

 

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%

15/11/2023 FTSE Closed at 7486 points. Change of 0.62%. Total value traded through LSE was: £ 5,809,987,386 a change of 5.78%

14/11/2023 FTSE Closed at 7440 points. Change of 0.2%. Total value traded through LSE was: £ 5,492,695,208 a change of 7.64%

13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%

10/11/2023 FTSE Closed at 7360 points. Change of -1.27%. Total value traded through LSE was: £ 5,005,893,152 a change of 2.35%

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:FOXT Foxtons** **LSE:IAG British Airways** **LSE:MMAG Music Magpie** **LSE:TLW Tullow** **

********

Updated charts published on : Barrett Devs, Foxtons, British Airways, Music Magpie, Tullow,

LSE:BDEV Barrett Devs. Close Mid-Price: 487.2 Percentage Change: + 0.66% Day High: 488.6 Day Low: 481.5

Continued trades against BDEV with a mid-price ABOVE 488.6 should improve ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:FOXT Foxtons. Close Mid-Price: 43.2 Percentage Change: + 6.67% Day High: 44.5 Day Low: 41

Target met. Further movement against Foxtons ABOVE 44.5 should improve ac ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 163.6 Percentage Change: + 0.55% Day High: 164.4 Day Low: 162.3

Target met. All British Airways needs are mid-price trades ABOVE 164.4 t ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:MMAG Music Magpie. Close Mid-Price: 23.2 Percentage Change: + 23.73% Day High: 26 Day Low: 21.35

Further movement against Music Magpie ABOVE 26 should improve acceleratio ……..

Subscribe for more

</p

View Previous Music Magpie & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 38 Percentage Change: + 0.96% Day High: 38.46 Day Low: 35.88

In the event of Tullow enjoying further trades beyond 38.46, the share sh ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

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

#Brent #Stoxx The bloke who invented Gravity,. Isaac Newton, once said “If I have seen further, it is by standing on the shoulders of giants” and this has never been more true in our Internet age. The problem with the internet is folk don’t need to learn the basics. Instead, some plonker has uploaded a YouTube video telling them how to do something and, viola, it’s easy. My favoured specialist subject is music and I’m probably a better guitarist than a 5 year old. But the internet is awash with, invariably pretty girls, playing some quite complex tunes. Most of them carefully enact an endearing smile to their podcast camera, roughly every 20 seconds, then turning to the left to watch themselves on a monitor.

These “musicians” have not stood on the shoulders of giants. They’ve not done the work, actually learning how to play their instruments, and as a result are incapable of ‘improving’ the music they are parroting by adding personal touches or flourishes.

Don’t get me wrong, over the weekend I became an expert at repairing a 3d printer, all thanks to Youtube. It transpires tripping over a stupidly routed cable easily caused the thing to shoot off the table, landing quite solidly on the floor. At first glance, nothing appeared damaged but an attempt at printing the ‘cat’ test pattern below produced an impressive cloud of white spaghetti, demanding further investigation. The impact with the carpet had jolted a drive gear free, one which hadn’t been given a fixing screw. This discovery led to further checks and the discovery of every single internal screw and nut needing tightened. Oddly, I should have expected this sort of thing, if only due to the “kettle lead” power cable shipper with the machine being faulty and nope, it wasn’t the fuse. The device, sourced from Temu, clearly had skipped Quality Control at the printer factory and I suspect most sane people would have boxed it up for return. The reason this escaped such a fate was the (perceived) quality of the hardware and the hope everything I learned from Youtube videos shall allow the next phase, designing a decent mounting for the cleaning tools for my espresso machine, a true first world problem!

Alas, it’s unlikely I shall be able to produce something which can boost Natwest share price into orbit.

Natwest Group Plc  When we previously reviewed Natwest three weeks ago, there were a few howls of anguish at our proposed potential of reversal down to 111p. Has the last three weeks produced anything to mitigate such a scenario?

The immediate answer is no. But the share price really doesn’t need try too hard to remove itself from the danger zone in which it finds itself. If we adhere closely to our rules, the share price needs currently better Blue on the chart, currently around 227p, as this should indicate an attempt to escape its fate .Early warning for such a scenario should come, if the price were simply to better 212p fairly soon as this should trigger recovery to an initial 243p and visually, some almost certain hesitation given prior behaviour this year. Our secondary, if 243p is exceeded, works out at a longer term 295p and a zone where Santa Claus is doubtless frolicking with elves and reindeer, along with all manner of true characters.

Okay, perhaps we’re being a little cynical here as the share price achieved higher earlier this year, so perhaps our calculated target of 295p could even prove viable. If only the share price were not languishing on the naughty step. Maybe the UK Chancellor will produce an Autumn Statement soon, something better than the usual “I’m a Little Teapot” nonsense which quite literally is designed to hide the truth in the small print which is released, following his spin in front of cameras.

 

Our converse scenario currently allows below 195p to potentially trigger reversals to an initial 181p with secondary, if broken, at 167p and perhaps a bounce. But if “they” are serious about immolating investors, below 167p now calculates with an ultimate bottom of 122p. Which is nice.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:09:15PM	BRENT	8040.8	7708	7594	6945	7845	8095	8252	8457	8003
9:12:08PM	GOLD
9:14:23PM	FTSE
9:16:49PM	STOX50	4346.3	4310	4293	4274	4328	4350	4394	4452	4295
9:19:26PM	GERMANY
9:22:31PM	US500
9:27:04PM	DOW
9:29:50PM	NASDAQ
9:32:13PM	JAPAN

 

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%

15/11/2023 FTSE Closed at 7486 points. Change of 0.62%. Total value traded through LSE was: £ 5,809,987,386 a change of 5.78%

14/11/2023 FTSE Closed at 7440 points. Change of 0.2%. Total value traded through LSE was: £ 5,492,695,208 a change of 7.64%

13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%

10/11/2023 FTSE Closed at 7360 points. Change of -1.27%. Total value traded through LSE was: £ 5,005,893,152 a change of 2.35%

9/11/2023 FTSE Closed at 7455 points. Change of 0.73%. Total value traded through LSE was: £ 4,890,859,412 a change of -30.52%

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:CCL Carnival** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **

********

Updated charts published on : Carnival, EasyJet, Firstgroup, Rolls Royce, Tullow,

LSE:CCL Carnival. Close Mid-Price: 1050.5 Percentage Change: + 1.30% Day High: 1069 Day Low: 1045.5

Target met. In the event of Carnival enjoying further trades beyond 1069, ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***

LSE:EZJ EasyJet. Close Mid-Price: 435.7 Percentage Change: + 2.06% Day High: 445.4 Day Low: 431.1

All EasyJet needs are mid-price trades ABOVE 445.4 to improve acceleratio ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***

LSE:FGP Firstgroup. Close Mid-Price: 178.7 Percentage Change: + 1.42% Day High: 183.3 Day Low: 176.7

Target met. In the event of Firstgroup enjoying further trades beyond 183 ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:RR. Rolls Royce Close Mid-Price: 244 Percentage Change: -0.20% Day High: 248.1 Day Low: 243.4

Continued trades against RR. with a mid-price ABOVE 248.1 should improve ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 37.64 Percentage Change: + 6.75% Day High: 37.56 Day Low: 35.06

All Tullow needs are mid-price trades ABOVE 37.56 to improve acceleration ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

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

#FreeFutures #FTSE Most folk get to a point in their lives, when it becomes almost impossible to buy them a present. From a personal perspective, it appears this mile stone has now been achieved, thanks to my wife choosing to celebrate a particular date by presenting me with a 3d printer she’s sourced from the discount Chinese website, Temu.

She claims to have read many online reviews about the product and, from an engineering perspective, it certainly feels well made. Unfortunately, as sometimes happens with products sourced overseas, the instruction booklet, while being in English, left something to be desired. The first thing needed with this 3d printer was “assembly”, a task which commenced around 11am and still was incomplete by 5pm, making me long for the simplicity of an Ikea instruction sheet on how to build a house. The first major hurdle was the surprise discovery a 3d printer print head really doesn’t move in any direction other than vertical. The penny eventually dropped, it being the printer base which moved in North South East West fashion, and abruptly the assembly manual started to make some sense. With surprising rapidity, things started to come together and even the tiny little electrical connectors all seemed to match up perfectly.

It didn’t work, nothing turned on.

Returning to the instruction manual which, by the way, was written in what must be a new definition of small print and suggested paper must be in short supply in China, a magnifying glass helped some blurred red ink become slightly legible, a warning to ensure all electrical connections where firmly attached. It made sense to dismantle everything, assemble it again, and one again give the power switch a chance to prove itself.

It still didn’t work, nothing turned on.

There was another blur in the text which said “Please format the SD card and try again, if not working“. I hadn’t noticed a memory card among the components but on investigation, discovered one was emplaced in a slot beside the machines screen. It ejected easily and when checking the contents before formatting, the shock discovery of an “Easy Assembly Video”, along with a PDF manual in English made me appreciate I’d just wasted 6 hours. Why, oh why, didn’t the manufacturer make any reference to this 10 minute video and completely legible instruction manual. My wife spent Thursday evening, maliciously breaking into giggles at my belated discovery of the real instructions.

The machine is now sitting on the printer table, awaiting this weekend when I shall take another look at it, potentially attempting to print my first thing. As my chess-set has been missing the black king for a while, it’s entirely possible a Lego figure of Batman is going to discover what the inside of a bin looks like!

 

This tantrum about a 3d printer is to conceal a similar level of frustration inflicted by the FTSE. Thursday had certainly appeared to have the potential for a day of reversals and as always, when market direction is downward, the FTSE successfully overachieved, finishing the day -1.01% down while the US and Europe was pretty flat. From a UK perspective, it proved a horrible day, one which left the FTSE poised to deliver further falls in the day ahead.

Currently, below 7409 points looks set to deliver reversals down to 7389 points. Our secondary target calculates down at 7357 points. If triggered, the tightest stop loss level looks quite civilised at 7434 points. As always, beware any spike downward at the market open, especially one which attains one of our target levels, as the market is liable to toddle off in an entirely different direction.

Our converse scenario demands the market exceed 7456 points to enjoy the potential of a lift to 7496 points. If exceeded, our longer term secondary works out at 7516 points.

 

Have a good weekend and hopefully the Grand Prix from Las Vegas proves easier to stomach than the overpriced food.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:45:42PM	BRENT	77.5	76.34	75.96		78.54	79.02	80.055		77.74	Success
9:49:33PM	GOLD	1980.74	1956	1952		1975	1988	1995		1972	Success
9:52:48PM	FTSE	7432	7403	7385		7434	7484	7508		7453
10:06:12PM	STOX50	4319.3	4300	4296		4312	4324	4331		4306
10:09:16PM	GERMANY	15836.5	15713	15663		15774	15870	15909		15710	‘cess
10:12:28PM	US500	4514.1	4472	4466		4506	4525	4570		4483
10:16:06PM	DOW	34983.8	34768	34665		34907	35024	35064		34809	‘cess
10:18:43PM	NASDAQ	15834.5	15734	15664		15848	15852	15894		15772
10:22:08PM	JAPAN	33411	33210	33074		33382	33630	33658		33347	‘cess

 

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%

15/11/2023 FTSE Closed at 7486 points. Change of 0.62%. Total value traded through LSE was: £ 5,809,987,386 a change of 5.78%

14/11/2023 FTSE Closed at 7440 points. Change of 0.2%. Total value traded through LSE was: £ 5,492,695,208 a change of 7.64%

13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%

10/11/2023 FTSE Closed at 7360 points. Change of -1.27%. Total value traded through LSE was: £ 5,005,893,152 a change of 2.35%

9/11/2023 FTSE Closed at 7455 points. Change of 0.73%. Total value traded through LSE was: £ 4,890,859,412 a change of -30.52%

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%

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:CCL Carnival** **LSE:FGP Firstgroup** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Carnival, Firstgroup, British Airways, ITM Power, Marks and Spencer, Rolls Royce,

LSE:CCL Carnival. Close Mid-Price: 1037 Percentage Change: + 0.10% Day High: 1048.5 Day Low: 1026

Further movement against Carnival ABOVE 1048.5 should improve acceleratio ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***

LSE:FGP Firstgroup Close Mid-Price: 176.2 Percentage Change: -0.06% Day High: 179.4 Day Low: 175

Target met. Further movement against Firstgroup ABOVE 179.4 should improv ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:IAG British Airways Close Mid-Price: 159.5 Percentage Change: -0.96% Day High: 162.05 Day Low: 159.15

Further movement against British Airways ABOVE 162.05 should improve acc ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:ITM ITM Power Close Mid-Price: 55.62 Percentage Change: -6.71% Day High: 60.98 Day Low: 55.22

If ITM Power experiences continued weakness below 55.22, it will invariab ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 255.2 Percentage Change: + 0.04% Day High: 260.3 Day Low: 254.7

Target met. Further movement against Marks and Spencer ABOVE 260.3 should ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 244.5 Percentage Change: + 0.37% Day High: 246.5 Day Low: 242.9

Target met. All Rolls Royce needs are mid-price trades ABOVE 246.5 to imp ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

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

#BrentFuture #WallSt Sometimes it’s worth just zooming out on a chart and giving yourself some time to think about what you are seeing. The price of Gold is currently providing a masterclass in price behaviour and giving plenty of reason to pause for thought, wondering just what the heck is going on.

Every year since 2020, the price of the metal has managed a surge just above 2050 dollars, invariably falling back sharply in horror at the enormity of its task. Curiously, the fall back experienced following this years attempt hasn’t (yet) mirrored the drops of previous years. Traditionally, this should indicate any future lunge upward which betters the previous highs will provide considerable entertainment and in the case of Gold, there’s an implicit suggestion a future $2357 should exert a long term attraction as a future ambition.

Unfortunately, there’s a couple of things worthy of consideration. When we take movements in 2023 into consideration, apparently above $1975 should promote gains to the 2000 dollar level again with our longer term secondary, if bettered, at $2054 eventually. This secondary target is a nuisance, visually matching the three previous highs, once again threatening sufficient reason for reversals due to a perception Gold has declared an invisible glass ceiling just above the 2050 dollar level. Perhaps it shall be the case our calculation of $2357 shall become gold’s Rwanda, something promised but never actually attained.

 

Near term, we’re a little nervous, especially as far too many Gold price movements from a Big Picture perspective make the metal feel like it’s under a degree of manual control and essentially being manipulated with attempts to stop it heading upward uncontrollably and equally, restrained from dropping too far. The picture of the chart since 2020 tends echo this sentiment as the median value looks like it’s somewhere around 1830 dollars.

Currently, it’s the case below $1932 works out with a reversal ambition to $1873 with our secondary, if broken, calculating down at $1826, almost exactly promising a drop to the median level once again. It’s interesting to note below $1800 theoretically works out as entering a reversal cycle to an eventual $1541. Visually, there’s little about such a target level which would justify such a degree of reversal.

 

In summary, our suspicion is Gold shall probably be worth a short position, if the $2054 level makes an appearance as the market feels determined to keep Gold under control.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:31:12PM	BRENT	8072.7	8054	7998	7873	8105	8221	8251	8317	8124	‘cess
9:33:38PM	GOLD	1959.56									Shambles
9:35:56PM	FTSE	7477									Success
9:50:46PM	STOX50	4303
9:53:04PM	GERMANY	15723									‘cess
9:55:23PM	US500	4497.3
9:57:49PM	DOW	34966.2	34850	34797	34711	34968	35055	35064	35977	34881
9:59:59PM	NASDAQ	15778									Success
10:02:32PM	JAPAN	33364									Success

15/11/2023 FTSE Closed at 7486 points. Change of 0.62%. Total value traded through LSE was: £ 5,809,987,386 a change of 5.78%

14/11/2023 FTSE Closed at 7440 points. Change of 0.2%. Total value traded through LSE was: £ 5,492,695,208 a change of 7.64%

13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%

10/11/2023 FTSE Closed at 7360 points. Change of -1.27%. Total value traded through LSE was: £ 5,005,893,152 a change of 2.35%

9/11/2023 FTSE Closed at 7455 points. Change of 0.73%. Total value traded through LSE was: £ 4,890,859,412 a change of -30.52%

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%

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:BDEV Barrett Devs** **LSE:CPI Capita** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:IAG British Airways** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:RR. Rolls Royce** **LSE:SPT Spirent Comms** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, Asos, Barrett Devs, Capita, Firstgroup, Greggs, British Airways, Just Eat, Marks and Spencer, Ocado Plc, Primary Health, Rolls Royce, Spirent Comms, Tullow, The Trainline, Taylor Wimpey,

LSE:AML Aston Martin. Close Mid-Price: 224.2 Percentage Change: + 4.18% Day High: 233 Day Low: 219.4

Further movement against Aston Martin ABOVE 233 should improve accelerati ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:ASC Asos. Close Mid-Price: 395.6 Percentage Change: + 0.00% Day High: 409.4 Day Low: 389.6

Continued trades against ASC with a mid-price ABOVE 409.4 should improve ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:BDEV Barrett Devs Close Mid-Price: 472.8 Percentage Change: -0.04% Day High: 485.4 Day Low: 471.3

Target met. All Barrett Devs needs are mid-price trades ABOVE 485.4 to im ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 19.04 Percentage Change: + 0.11% Day High: 19.79 Day Low: 18.72

Target met. All Capita needs are mid-price trades ABOVE 19.79 to improve ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:FGP Firstgroup. Close Mid-Price: 176.3 Percentage Change: + 3.10% Day High: 175.3 Day Low: 171.2

Target met. Continued trades against FGP with a mid-price ABOVE 175.3 sho ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:GRG Greggs. Close Mid-Price: 2612 Percentage Change: + 0.54% Day High: 2636 Day Low: 2590

Target met. In the event of Greggs enjoying further trades beyond 2636, t ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 161.05 Percentage Change: + 4.65% Day High: 160.9 Day Low: 154.5

Target met. Continued trades against IAG with a mid-price ABOVE 160.9 sho ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:JET Just Eat. Close Mid-Price: 1290 Percentage Change: + 3.04% Day High: 1310 Day Low: 1243

Target met. Continued trades against JET with a mid-price ABOVE 1310 shou ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 255.1 Percentage Change: + 0.63% Day High: 258.7 Day Low: 252.8

All Marks and Spencer needs are mid-price trades ABOVE 258.7 to improve a ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

LSE:OCDO Ocado Plc. Close Mid-Price: 596.2 Percentage Change: + 5.60% Day High: 618.4 Day Low: 536.6

Further movement against Ocado Plc ABOVE 618.4 should improve acceleratio ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:PHP Primary Health Close Mid-Price: 100.6 Percentage Change: -0.79% Day High: 104.5 Day Low: 98.8

In the event of Primary Health enjoying further trades beyond 104.5, the ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 243.6 Percentage Change: + 1.92% Day High: 244 Day Low: 239

In the event of Rolls Royce enjoying further trades beyond 244, the share ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:SPT Spirent Comms. Close Mid-Price: 106.6 Percentage Change: + 0.66% Day High: 108.3 Day Low: 101.4

Target met. All Spirent Comms needs are mid-price trades ABOVE 108.3 to i ……..

Subscribe for more

</p

View Previous Spirent Comms & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 36.94 Percentage Change: + 10.27% Day High: 37.46 Day Low: 33.6

Further movement against Tullow ABOVE 37.46 should improve acceleration t ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 296.8 Percentage Change: + 2.34% Day High: 302.8 Day Low: 286.8

Further movement against The Trainline ABOVE 302.8 should improve acceler ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

LSE:TW. Taylor Wimpey Close Mid-Price: 123.55 Percentage Change: -0.48% Day High: 128.1 Day Low: 123.85

All Taylor Wimpey needs are mid-price trades ABOVE 128.1 to improve accel ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***

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

#FTSE #Nasdaq We’ve had a bunch of emails asking for our take on what’s happening with GSTechnologies share price.  Certainly, the most recent three sessions have proven buoyant with some quite odd share price movements with the share flamboyantly breaking through the downtrend since the start of 2021. We’re always more than a little sceptical about companies in the Fintech field as too often, they’re awash with buzzwords but otherwise lacking in substance.

The appears not to be the case with GST.L, the visuals indicating quite a strong potential for ongoing recovery as despite some sizeable intraday variations in the share price, quite a lot of care has been taken to avoid the price dropping below the level of the trend break. This tends imply the market has “a cunning plan”, thus giving hope for the fairly near term.

As always, we’ve a converse scenario available and with the level of trend break being roughly 1.094p, movement below such a level calculates with the risk of reversal to an initial 1p with secondary, if broken, working out at an eventual “bottom” of 0.66p. This is a price target we cannot calculate below and visually would indicate whatever has driven the price upward has been a complete waste of everyone’s time, returning the share value to the zone where it has inhabited the last 4 months.

 

However, in the case of GST, our inclination is toward optimism as it looks very like anything now capable of achieving above 2.06p should trigger further price recovery to an initial 2.51p with our longer term secondary, if exceeded, calculating at an impressive 2.77p. Visually, the chart suggests we should anticipate some hesitation around the 2.77p level, if achieved.

Hopefully the UK announce some inflation data which justifies party time for the UK markets, similar to occurrences everywhere else on Tuesday with the USA proving quite positive.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:05:13PM	BRENT	82.31
9:11:37PM	GOLD	1964.16									Success
9:14:06PM	FTSE	7434.75									‘cess
9:17:57PM	STOX50	4297.8	4231	4207	4174	4253	4306	4355	4408	4235	Success
9:20:10PM	GERMANY	15622.95									Success
9:24:40PM	US500	4499.38									‘cess
9:37:30PM	DOW	34853									Success
9:40:29PM	NASDAQ	15829	15712	15665	15601	15790	15857	15880	15920	15804	Success
9:43:26PM	JAPAN	33210									Success

 

14/11/2023 FTSE Closed at 7440 points. Change of 0.2%. Total value traded through LSE was: £ 5,492,695,208 a change of 7.64%

13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%

10/11/2023 FTSE Closed at 7360 points. Change of -1.27%. Total value traded through LSE was: £ 5,005,893,152 a change of 2.35%

9/11/2023 FTSE Closed at 7455 points. Change of 0.73%. Total value traded through LSE was: £ 4,890,859,412 a change of -30.52%

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%

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:BLVN Bowleven** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:PHP Primary Health** **LSE:SPT Spirent Comms** **

********

Updated charts published on : Barrett Devs, Block Energy PLC, Bowleven, Carnival, Capita, Firstgroup, Greggs, ITV, Just Eat, Marks and Spencer, Ocado Plc, Primary Health, Spirent Comms,

LSE:BDEV Barrett Devs. Close Mid-Price: 473 Percentage Change: + 5.06% Day High: 474.9 Day Low: 446.8

Further movement against Barrett Devs ABOVE 474.9 should improve accelera ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:BLOE Block Energy PLC Close Mid-Price: 0.95 Percentage Change: -2.56% Day High: 0.98 Day Low: 0.95

Weakness on Block Energy PLC below 0.95 will invariably lead to 0.90p wit ……..

Subscribe for more

</p

View Previous Block Energy PLC & Big Picture ***

LSE:BLVN Bowleven. Close Mid-Price: 0.5 Percentage Change: + 0.00% Day High: 0.5 Day Low: 0.48

Continued weakness against BLVN taking the price below 0.48 calculates as ……..

Subscribe for more

</p

View Previous Bowleven & Big Picture ***

LSE:CCL Carnival. Close Mid-Price: 1000.5 Percentage Change: + 7.95% Day High: 1006.5 Day Low: 923

Continued trades against CCL with a mid-price ABOVE 1006.5 should improve ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 19.02 Percentage Change: + 7.03% Day High: 19.08 Day Low: 17.2

Target met. Further movement against Capita ABOVE 19.08 should improve ac ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:FGP Firstgroup. Close Mid-Price: 171 Percentage Change: + 3.57% Day High: 170.5 Day Low: 163.9

All Firstgroup needs are mid-price trades ABOVE 170.5 to improve accelera ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:GRG Greggs. Close Mid-Price: 2598 Percentage Change: + 2.36% Day High: 2608 Day Low: 2526

Continued trades against GRG with a mid-price ABOVE 2608 should improve t ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

LSE:ITV ITV. Close Mid-Price: 59.92 Percentage Change: + 0.67% Day High: 60.52 Day Low: 59.04

If ITV experiences continued weakness below 59.04, it will invariably lea ……..

Subscribe for more

</p

View Previous ITV & Big Picture ***

LSE:JET Just Eat. Close Mid-Price: 1252 Percentage Change: + 8.68% Day High: 1250 Day Low: 1152

Target met. Further movement against Just Eat ABOVE 1250 should improve a ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 253.5 Percentage Change: + 1.00% Day High: 253.7 Day Low: 249

Target met. In the event of Marks and Spencer enjoying further trades bey ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

LSE:OCDO Ocado Plc. Close Mid-Price: 564.6 Percentage Change: + 10.10% Day High: 596.2 Day Low: 505

Target met. All Ocado Plc needs are mid-price trades ABOVE 596.2 to impro ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:PHP Primary Health. Close Mid-Price: 101.4 Percentage Change: + 7.42% Day High: 101.6 Day Low: 92.4

Continued trades against PHP with a mid-price ABOVE 101.6 should improve ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

LSE:SPT Spirent Comms. Close Mid-Price: 105.9 Percentage Change: + 5.06% Day High: 106.6 Day Low: 101.5

In the event of Spirent Comms enjoying further trades beyond 106.6, the s ……..

Subscribe for more

</p

View Previous Spirent Comms & Big Picture ***

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

#Gold #SP500 Sometimes a share price can perform in surprising ways and over the years, we’ve learned to pay attention to some specific movements. At present, Prudential Plc are exhibiting one of these dance movements which perhaps shall become an early warning signal for some movement of strength.  In this instance, we’ve drawn a circle on the chart where the share price appears to be reacting to the downtrend for 2023 and visually, there seems to be no reason for this.

When this phenomena occurs, it costs nothing to keep an eye on the share price, especially as next time it exceeds the downtrend there’s a heightened chance of an upward spike and usually it’s one which shall stick. In the case of Prudential, exceeding Blue at 925.91 presently, will serve to introduce the potential of gains to an initial 1004p with our longer term secondary, if exceeded, calculating at a future 1189p. Obviously, we are being a touch cautious here as just because the share price is following the downtrend from afar, there’s no certainty it will indeed shoot higher. But then again, this is the stock market, a field where the word “certainty” should be banned, perhaps replaced with “balance of probabilities!”

Overall, should Prudential share price successfully manage to close a session above Blue, we can calculate a long term attraction as coming from 1499p.

 

Our alternate scenario for Prudential questions the drop potentials, if the share price were to discover an excuse to break below Red on the chart. Currently this level is around 817p and movement below such a point risks triggering reversals to an initial 697p with our secondary, if such a level breaks, working out at a silly looking future 465p.

Our inclination, for now, is to lean on the side of optimism.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:51:36PM	BRENT	8242.1
10:55:50PM	GOLD	1945.92	1943	1933	1922	1950	1950	1955	1962	1945
10:58:31PM	FTSE	7430.9
11:00:57PM	STOX50	4234.6
11:03:59PM	GERMANY	15367									‘cess
11:06:44PM	US500	4412.3	4404	4397	4388	4414	4420	4424	4428	4409
11:09:09PM	DOW	34343
11:11:29PM	NASDAQ	15493.6
11:14:38PM	JAPAN	32796

 

13/11/2023 FTSE Closed at 7425 points. Change of 0.88%. Total value traded through LSE was: £ 5,102,955,229 a change of 1.94%

10/11/2023 FTSE Closed at 7360 points. Change of -1.27%. Total value traded through LSE was: £ 5,005,893,152 a change of 2.35%

9/11/2023 FTSE Closed at 7455 points. Change of 0.73%. Total value traded through LSE was: £ 4,890,859,412 a change of -30.52%

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%

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:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:JET Just Eat** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **

********

Updated charts published on : Firstgroup, Foxtons, Fresnillo, Gulf Keystone, Greggs, Just Eat, Rolls Royce, Star Energy,

LSE:FGP Firstgroup. Close Mid-Price: 165.1 Percentage Change: + 0.06% Day High: 167.8 Day Low: 164

Target met. In the event of Firstgroup enjoying further trades beyond 167 ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:FOXT Foxtons. Close Mid-Price: 40 Percentage Change: + 2.43% Day High: 41.15 Day Low: 39

All Foxtons needs are mid-price trades ABOVE 41.15 to improve acceleratio ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***

LSE:FRES Fresnillo. Close Mid-Price: 517.8 Percentage Change: + 0.23% Day High: 521.4 Day Low: 511.6

There seems to be something very wrong with this share price as weakness n ……..

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***

LSE:GKP Gulf Keystone. Close Mid-Price: 138.4 Percentage Change: + 17.69% Day High: 142.2 Day Low: 120.9

Target met. Continued trades against GKP with a mid-price ABOVE 142.2 sho ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:GRG Greggs. Close Mid-Price: 2538 Percentage Change: + 0.00% Day High: 2574 Day Low: 2530

Further movement against Greggs ABOVE 2574 should improve acceleration to ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

LSE:JET Just Eat. Close Mid-Price: 1152 Percentage Change: + 4.44% Day High: 1155 Day Low: 1108

In the event of Just Eat enjoying further trades beyond 1155, the share s ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 240.2 Percentage Change: + 3.53% Day High: 240.2 Day Low: 232.6

Target met. Further movement against Rolls Royce ABOVE 240.2 should impro ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:STAR Star Energy Close Mid-Price: 9.98 Percentage Change: -3.94% Day High: 10.4 Day Low: 9.51

Weakness on Star Energy below 9.51 will invariably lead to 8p with second ……..

Subscribe for more

</p

View Previous Star Energy & Big Picture ***

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