Our super popular FTSE for FRIDAY (FTSE:UKX)

FTSE for FRIDAY (FTSE:UKX)  It’s fairly obvious the FTSE intends head to 7840 points as the next major point of interest! The only problem appears to be a lack of will to actually go there. This week has provided a perfect ‘case in point’, the market essentially hitting the 7700 level, then just stopping as if a bunch of Just Stop Oil protestors were in the way.

Perhaps the FTSE has employed folk to wear Day-Glo jackets, parading around brokers to ensure FTSE 100 share prices stop recovering in a miraculous order, one capable of stalling the FTSE collectively at the 7700 point level. With share prices, we’re quite used to the formation of Glass Ceilings or Glass Floors, always with the expectation they shall break with strong movement following thereafter. But when an index which comprises 100 shares somehow conspires to stall so obviously, it’s only human to raise a question mark. Visually, this is as fishy as a snollygoster banker trying to explain the Farage farrago.

 

 

If we park our cynicism for a moment, the situation now exists where above 7710 points should apparently be capable of an attempt at a pretty tame 7735 points next. Our secondary, near term, works out at 7771 points. If triggered, the tightest stop loss looks tight at 7686 points, almost suspiciously reasonable.

Importantly, if taking us as gospel with an overall target level remaining at 7840 points on this cycle, we’d regard below 7610 as capable of utterly trashing our calculations.

 

Our alternate, negative, scenario allows for weakness below 7686 points to trigger reversal to a fairly benign 7665 points with secondary, if broken, at 7651 points.

 

Have a good weekend. Hopefully this Grand Prix is a bit better than last weekends.

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:04PM BRENT 8339.9 8256 8223 8330 8403 8467 8333 ‘cess
9:31:19PM GOLD 1944.45 1942 1936 1953 1960 1964 1951 Success
9:33:10PM FTSE 7667 7654 7641 7671 7710 7718 7690 Shambles
9:36:02PM STOX50 4418.6 4400 4376 4425 4463 4484 4436 Success
9:39:07PM GERMANY 16339 16300 16248 16342 16446 16488 16300 Success
9:42:00PM US500 7667.8 7654 7630 7672 7677 7687 7667
9:45:19PM DOW 35317 35210 35125 35322 35418 35442 35345 Success
9:48:04PM NASDAQ 15486 15413 15370 15513 15640 15721 15574 Success
9:51:00PM JAPAN 32596 32427 32361 32603 32818 32898 32702 Success

 

27/07/2023 FTSE Closed at 7692 points. Change of 0.21%. Total value traded through LSE was: £ 7,526,466,026 a change of 81.26%
26/07/2023 FTSE Closed at 7676 points. Change of -0.2%. Total value traded through LSE was: £ 4,152,321,908 a change of -7.74%
25/07/2023 FTSE Closed at 7691 points. Change of 0.17%. Total value traded through LSE was: £ 4,500,914,113 a change of -15.2%
24/07/2023 FTSE Closed at 7678 points. Change of 0.2%. Total value traded through LSE was: £ 5,307,369,816 a change of 18.72%
21/07/2023 FTSE Closed at 7663 points. Change of 0.22%. Total value traded through LSE was: £ 4,470,558,321 a change of -16.97%
20/07/2023 FTSE Closed at 7646 points. Change of 0.76%. Total value traded through LSE was: £ 5,384,109,244 a change of -16.08%
19/07/2023 FTSE Closed at 7588 points. Change of 1.81%. Total value traded through LSE was: £ 6,416,071,113 a change of 56.65%

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:AVCT Avacta** **LSE:BLVN Bowleven** **LSE:CNA Centrica** **LSE:IHG Intercontinental Hotels Group** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : Aston Martin, Asos, Avacta, Bowleven, Centrica, Intercontinental Hotels Group, Ocado Plc, Rolls Royce, Sainsbury, Scottish Mortgage Investment Trust,


LSE:AML Aston Martin. Close Mid-Price: 372.2 Percentage Change: + 6.34% Day High: 378 Day Low: 346.6

All Aston Martin needs are mid-price trades ABOVE 378 to improve accelera ……..

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LSE:ASC Asos Close Mid-Price: 401.5 Percentage Change: -1.45% Day High: 432.3 Day Low: 393

Target met. In the event of Asos enjoying further trades beyond 432.3, th ……..

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LSE:AVCT Avacta Close Mid-Price: 92.5 Percentage Change: -4.15% Day High: 96.5 Day Low: 92.5

If Avacta experiences continued weakness below 92.5, it will invariably l ……..

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LSE:BLVN Bowleven. Close Mid-Price: 3.1 Percentage Change: + 47.62% Day High: 3.35 Day Low: 1.9

Target met. In the event of Bowleven enjoying further trades beyond 3.35, ……..

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LSE:CNA Centrica. Close Mid-Price: 133.35 Percentage Change: + 7.54% Day High: 134.05 Day Low: 125.45

Target met. All Centrica needs are mid-price trades ABOVE 135 to improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5716 Percentage Change: + 2.33% Day High: 5748 Day Low: 5602

Continued trades against IHG with a mid-price ABOVE 5748 should improve t ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 952.6 Percentage Change: -0.81% Day High: 1017 Day Low: 853.4

In the event of Ocado Plc enjoying further trades beyond 1017, the share ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 189.6 Percentage Change: + 2.49% Day High: 190.85 Day Low: 185.55

All Rolls Royce needs are mid-price trades ABOVE 191 to improve accelerat ……..

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LSE:SBRY Sainsbury Close Mid-Price: 285.4 Percentage Change: -0.31% Day High: 290 Day Low: 284.7

Continued trades against SBRY with a mid-price ABOVE 290 should improve t ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 713 Percentage Change: + 1.89% Day High: 719.6 Day Low: 700.8

Further movement against Scottish Mortgage Investment Trust ABOVE 719.6 s ……..

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

Rolls Royce Plc (LSE:RR.) flying again?

#Gold #Nasdaq  It’s not often a FTSE 100 component makes a 21% upward shuffle but Rolls Royce finally enacted something we’ve been waiting for since March of this year.  Of course, with such a movement, there was an immediate urge to trigger a glitter bomb but of course, as it’s 2023, it transpires glitter is in short supply.

Okay, we’re kidding about the Rolls Royce celebrations but serious about the shortage of the annoying material. With grand-daughters visiting during the school holidays, one of their “things” is to collect sea shells and rocks from the beach, choosing to paint and decorate them on days when the Scottish weather turns… Scottish. Today was one such day, a trip to the beach rained off by mid afternoon, prompting a visit to a local craft shop to replenish supplies of paint, glue, and glitter. It transpires glitter is in short supply, the problem not actually blamed on a supply chain crisis but instead, either the motor or boat industry, both of which apparently use copious amounts of glitter in their paint. In the USA, there’s also another suspect in the covert use of glitter, the toothpaste industry! Quite why toothpaste variants use aluminium and polyethylene utterly defeats us but, to be honest, we don’t mind. Anything which ensures the girls don’t have access to glitter is a good thing as generally, it takes months until every inevitable spillage almost vanishes.

 

The market was certainly impressed with the news from Rolls Royce, opting to gap the share price up from 152p on Tuesday to an opening price of 175p on Wednesday, a lift of 15% before any trading actually took place. We’d been waiting for a visit to the 190p level and were amazed all the heavy lifting was enacted in one day. Given our target level was slightly exceeded, some quite fascinating potentials are opening up for the longer term, the first of which is a suggestion movement now above 192p should make an attempt at 232p next with secondary, if bettered, at 244p. Given the proximity of these target levels, we rather suspect some hesitation will be on the cards, especially as they match the pre-Covid19 highs of 2020, a price level which many shares tend stumble at.

At this point, we can switch to our Bigger Picture calculation tier as it demands share price CLOSURE above 232p to once again trigger the potentials of extraordinary long term movement for Rolls Royce, giving an ambition at a distant 307 with secondary, if bettered, a truly amazing 397p. However, a lot will depend on what actually happens around the 232p level as we do suspect any market hesitation at such a level will impact on longer term hopes and dreams.

 

For everything to now go wrong for Rolls Royce, their share price needs wither below 133p, risking a visit to 100p initially with secondary, if broken, at 66p, a drop calculation which doesn’t even look silly! For now, we suspect everything has changed for the better, at least until 232p makes an appearance.

 

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:43:47PM BRENT 8261.3
9:45:43PM GOLD 1971.93 1961 1957 1950 1967 1978 1980 1985 1971 Success
9:47:44PM FTSE 7668.4 Success
9:50:28PM STOX50 4348.3
9:53:26PM GERMANY 16123.3 Success
9:55:39PM US500 4565.5
9:58:27PM DOW 35485
10:34:55PM NASDAQ 15516.2 15410 15345 15149 15538 15603 15641 15718 15518
10:37:07PM JAPAN 32535

 

26/07/2023 FTSE Closed at 7676 points. Change of -0.2%. Total value traded through LSE was: £ 4,152,321,908 a change of -7.74%
25/07/2023 FTSE Closed at 7691 points. Change of 0.17%. Total value traded through LSE was: £ 4,500,914,113 a change of -15.2%
24/07/2023 FTSE Closed at 7678 points. Change of 0.2%. Total value traded through LSE was: £ 5,307,369,816 a change of 18.72%
21/07/2023 FTSE Closed at 7663 points. Change of 0.22%. Total value traded through LSE was: £ 4,470,558,321 a change of -16.97%
20/07/2023 FTSE Closed at 7646 points. Change of 0.76%. Total value traded through LSE was: £ 5,384,109,244 a change of -16.08%
19/07/2023 FTSE Closed at 7588 points. Change of 1.81%. Total value traded through LSE was: £ 6,416,071,113 a change of 56.65%
18/07/2023 FTSE Closed at 7453 points. Change of 0.63%. Total value traded through LSE was: £ 4,095,812,024 a change of 3.79%

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:BLVN Bowleven** **LSE:CEY Centamin** **LSE:GENL Genel** **LSE:OCDO Ocado Plc** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SRP Serco** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Bowleven, Centamin, Genel, Ocado Plc, Rockhopper, Rolls Royce, Sainsbury, Serco, Tern Plc, Tullow,


LSE:BLVN Bowleven. Close Mid-Price: 2.1 Percentage Change: + 50.00% Day High: 2.15 Day Low: 1.4

Further movement against Bowleven ABOVE 2.2 should improve acceleration t ……..

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LSE:CEY Centamin. Close Mid-Price: 97.65 Percentage Change: + 4.38% Day High: 98.5 Day Low: 93

Further movement against Centamin ABOVE 98.5 should improve acceleration ……..

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LSE:GENL Genel Close Mid-Price: 97.3 Percentage Change: -0.71% Day High: 98.7 Day Low: 96

Weakness on Genel below 96 will invariably lead to 87 with secondary (if ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 960.4 Percentage Change: + 24.82% Day High: 969.6 Day Low: 755.8

Target met. Further movement against Ocado Plc ABOVE 969.6 should improve ……..

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LSE:RKH Rockhopper. Close Mid-Price: 12.3 Percentage Change: + 2.07% Day High: 12.25 Day Low: 12

Weakness on Rockhopper below 12 will invariably lead to 11p, a short live ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 185 Percentage Change: + 21.19% Day High: 190.95 Day Low: 172.35

Target met. Continued trades against RR. with a mid-price ABOVE 191 shoul ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 286.3 Percentage Change: + 2.00% Day High: 285.7 Day Low: 280.7

Further movement against Sainsbury ABOVE 285.7 should improve acceleratio ……..

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LSE:SRP Serco. Close Mid-Price: 159.1 Percentage Change: + 0.32% Day High: 161 Day Low: 157.7

All Serco needs are mid-price trades ABOVE 161 to improve acceleration to ……..

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LSE:TERN Tern Plc. Close Mid-Price: 3.75 Percentage Change: + 0.00% Day High: 3.88 Day Low: 3.46

If Tern Plc experiences continued weakness below 3.46, it will invariably ……..

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LSE:TLW Tullow. Close Mid-Price: 35 Percentage Change: + 2.58% Day High: 34.94 Day Low: 33

All Tullow needs are mid-price trades ABOVE 34.94 to improve acceleration ……..

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

Optibiotix Plc (LSE:OPTI), a question about a ramp?

#FTSE #Wall_St  As a small, fat bloke with diabetes, it’s rare do I get to say “this company is targeting me!” but it’s pretty clear I’m a small, fat, part of Optibiotix target market. In fairness to myself, losing 30+kg since the Diabetes diagnosis hasn’t hurt one bit. Optibiotix specialise in what they call “Lifestyle Diseases”, probably better thought of as self inflicted harm and aside from a propensity to use big words, their website is worth a visit, where they endeavour to prove science can help humanity, ideally not by blowing them all up.

 

We’re a little concerned at the surge in Opti’s share price over the last five sessions as it looks almost too impressive, the sort of thing typically spawned by over-optimistic internet chatroom gossip. But, the other side of the coin is the reality the share price has finally moved into a situation where considerable hope is almost possible for the longer term. We just wish the share had managed to close marginally higher than 37.6p on the 25th July as this would’ve created an official “higher high”, bettering the figures from July 2022. Instead, by matching this point on the historical chart, it creates a situation where we shall not be surprised to witness some hesitation at current levels.

If we lay cynicism aside and instead, focus on our calculations, it appears above 38.5p should next promote recovery to an initial 42.25p with our longer term secondary, if bettered, working out at 54.4p along with almost certain hesitation given historical behaviour through 2020 and 2021. From our perspective, the share needs closure above 54.4p to create a game changing environment, one which should permit future growth to 84.2p with a Big Picture secondary at a distant looking 131p.

 

If everything intends go pear shaped, the share price needs below 22p to ring serious alarm bells. Such a disaster risks triggering reversal to an initial 16p with secondary, if broken, at 9p and hopefully a bottom capable of restarting the recovery process all over again. To be fair, we’d already hope for a bounce at the 16p level, given it has the prospect of tangling with the Blue downtrend on the chart, one which dates back to 2018.

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:37:01PM BRENT 8295.9
10:38:41PM GOLD 1964.5
10:40:24PM FTSE 7688.4 7665 7650 7633 7690 7701 7712 7726 7677 ‘cess
10:45:04PM STOX50 4378.1 ‘cess
10:47:10PM GERMANY 16238.1 ‘cess
10:49:53PM US500 4576.6 Success
10:58:21PM DOW 35407.5 35360 35307 35232 35444 35532 35661 35712 35382
11:01:02PM NASDAQ 15614 Success
11:03:15PM JAPAN 32638.3

 

25/07/2023 FTSE Closed at 7691 points. Change of 0.17%. Total value traded through LSE was: £ 4,500,914,113 a change of -15.2%
24/07/2023 FTSE Closed at 7678 points. Change of 0.2%. Total value traded through LSE was: £ 5,307,369,816 a change of 18.72%
21/07/2023 FTSE Closed at 7663 points. Change of 0.22%. Total value traded through LSE was: £ 4,470,558,321 a change of -16.97%
20/07/2023 FTSE Closed at 7646 points. Change of 0.76%. Total value traded through LSE was: £ 5,384,109,244 a change of -16.08%
19/07/2023 FTSE Closed at 7588 points. Change of 1.81%. Total value traded through LSE was: £ 6,416,071,113 a change of 56.65%
18/07/2023 FTSE Closed at 7453 points. Change of 0.63%. Total value traded through LSE was: £ 4,095,812,024 a change of 3.79%
17/07/2023 FTSE Closed at 7406 points. Change of -0.38%. Total value traded through LSE was: £ 3,946,111,838 a change of 6.88%

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:AVCT Avacta** **LSE:BP. BP PLC** **LSE:OCDO Ocado Plc** **LSE:RKH Rockhopper** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Asos, Avacta, BP PLC, Ocado Plc, Rockhopper, Sainsbury,


LSE:ASC Asos. Close Mid-Price: 405 Percentage Change: + 5.63% Day High: 415.1 Day Low: 377.8

Further movement against Asos ABOVE 415.1 should improve acceleration tow ……..

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LSE:AVCT Avacta. Close Mid-Price: 97.9 Percentage Change: + 0.93% Day High: 98 Day Low: 95

Target met. In the event Avacta experiences weakness below 95 it calculat ……..

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LSE:BP. BP PLC Close Mid-Price: 481 Percentage Change: -0.56% Day High: 485.4 Day Low: 479.3

This is dreadful, BP spending months with just a 25p trading range. It is ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 769.4 Percentage Change: -1.99% Day High: 790 Day Low: 761.4

Continued trades against OCDO with a mid-price ABOVE 790 should improve t ……..

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LSE:RKH Rockhopper Close Mid-Price: 12.05 Percentage Change: -4.74% Day High: 13.25 Day Low: 12.25

This is worse than a UK soap storyline as weakness now below 12.25 indicat ……..

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LSE:SBRY Sainsbury Close Mid-Price: 280.7 Percentage Change: -0.64% Day High: 283.5 Day Low: 279.6

Now above 284 should make an attempt at an initial 293 with secondary, if ……..

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

Tullow Oil Plc (LSE:TLW), digging out of a hole?

#Gold #S&P500  It was once said, the Church of England could be best described as the UK Conservative Party at Prayer. Given the historical association of senior Conservatives** with Tullow Plc, perhaps the company could be referred to as why UK Conservatives Wish Wikipedia Didn’t Exist! A share price going from £16 to an eventual 7p remains a truly impressive feat.

Thankfully, there are signs Tullow is on the edge of some slight share price recovery with hints a reboot is in the offing, though probably not as good as the rebirth of the Futurama satirical cartoon on telly.

Presently trading around 33p, the share price wandering above 35p should next trigger some recovery to an initial 45p with our longer term secondary, if exceeded, calculating at 56p. Visually, it would be reasonable to anticipate some hesitation at the 56p level, given its price history over the last few years. We shall be inclined to regard closure above 56p as key from a Big Picture perspective due to sufficient strength existing which implies 85p is a viable target for the distant future.

 

All things considered, it appears 2013 produced a perfect storm of shambolic news for Tullow, the company digging itself a hole and forgetting the cardinal rule, knowing when to stop digging. While the Wikipedia page produces a set piece of how not to handle PR problems, it certainly appears since 2013 the company has attempted a degree of stability, presumably while everyone works out just what the heck happened. As the chart shows, their share price has lacked anything approaching excitement for the last few years. With the company actually being a full service member of the industry, maybe it shall prove the case the current firm oil price will reflect on Tullows prospects.

 

For everything to now go horribly wrong, below 25p risks a visit down to an initial 22p with secondary, if broken, at 16p and hopefully a bounce.

 

**William Hague, George Osborne, Michael Gove, Oliver Letwin, Vince Cable and Prime Minister David Cameron

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:12PM BRENT 8257.3 Success
10:17:07PM GOLD 1954.36 1953 1951 1939 1963 1968 1971 1977 1957
10:19:13PM FTSE 7678.8
10:21:16PM STOX50 4384.2
10:23:05PM GERMANY 16186.3
10:24:51PM US500 4556.7 4530 4518 4503 4549 4563 4565 4576 4547
10:28:22PM DOW 35417.5 Success
10:30:20PM NASDAQ 15455
10:32:11PM JAPAN 32751 ‘cess

 

24/07/2023 FTSE Closed at 7678 points. Change of 0.2%. Total value traded through LSE was: £ 5,307,369,816 a change of 18.72%
21/07/2023 FTSE Closed at 7663 points. Change of 0.22%. Total value traded through LSE was: £ 4,470,558,321 a change of -16.97%
20/07/2023 FTSE Closed at 7646 points. Change of 0.76%. Total value traded through LSE was: £ 5,384,109,244 a change of -16.08%
19/07/2023 FTSE Closed at 7588 points. Change of 1.81%. Total value traded through LSE was: £ 6,416,071,113 a change of 56.65%
18/07/2023 FTSE Closed at 7453 points. Change of 0.63%. Total value traded through LSE was: £ 4,095,812,024 a change of 3.79%
17/07/2023 FTSE Closed at 7406 points. Change of -0.38%. Total value traded through LSE was: £ 3,946,111,838 a change of 6.88%
14/07/2023 FTSE Closed at 7434 points. Change of -0.08%. Total value traded through LSE was: £ 3,691,976,999 a change of -20.65%

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:AVCT Avacta** **LSE:DARK Darktrace Plc** **LSE:ECO ECO (Atlantic) O & G** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Avacta, Darktrace Plc, ECO (Atlantic) O & G, Ocado Plc, Rolls Royce, Zoo Digital,


LSE:AVCT Avacta Close Mid-Price: 97 Percentage Change: -3.48% Day High: 100.5 Day Low: 96.5

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

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LSE:DARK Darktrace Plc. Close Mid-Price: 392.8 Percentage Change: + 2.56% Day High: 398.2 Day Low: 384.9

This is worth watching as they’re on the edge of interesting. Above 401 sh ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 12.75 Percentage Change: -1.92% Day High: 13 Day Low: 12.75

In the event ECO (Atlantic) O & G experiences weakness below 12.75 it cal ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 785 Percentage Change: + 14.26% Day High: 787.6 Day Low: 736.6

Target met. All Ocado Plc needs are mid-price trades ABOVE 787.6 to impro ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 156.7 Percentage Change: + 0.58% Day High: 156.4 Day Low: 152.25

Rolls Royce are experiencing an extremely obvious glass ceiling, one which ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 60 Percentage Change: -5.51% Day High: 63.5 Day Low: 59

On the edge of messy, below 59 risks promoting reversal down to an initial ……..

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

Barclays Plc (LSE:BARC), a share price suddenly looking hopeful!

#Brent #Dax  Barclays are the definition of mixed signals currently, their share price perhaps still trying to impress upon us that the downtrend in Blue, a line which dates back to 2007 and a day when the share was worth 792p, remains a viable trend for the company. We’re focussed upon it, due once again to price movements treating this line with a degree of importance.

 

From our perspective, there’s a risk of Barclays turning into a “sure thing”, something we doubt due to the overall feel of the markets currently. Despite the UK FTSE remaining the worst performing market among the majors, there are very slight signs Barclays may be on the edge of doing something useful. Who knows, perhaps they are considering using Mr Farage for some sort of PR boost, an initiative which would surely create a “hold my beer” moment when compared with Nike or Budweiser. However, with Barclays share price now closing marginally above the Blue downtrend (the trend is at 161.16 at time of writing), we’re willing to present some criteria which should prove capable of provoking reasonable upward share travel.

 

We can calculate now above 168p should apparently trigger share price recovery to an initial 175p with our longer term secondary, if the initial is exceeded, working out at 186p along with almost certain hesitation. Our thinking about the 186p level becoming a problem is fairly straightforward. This almost matches the highs of February this year, invariably giving a bunch of folk an excuse to bail at break even. In addition, any gain will be seen as “covering the circled gap”, once again providing a reason to cash in on any rise.

And third, the share price shall once again decorate the price level experienced, before Covid-19 hit the fan.

Thus, a little collection of excuses are making themselves apparent, allegedly capable of causing some upward hesitation.

Less obvious, a little market truism. If the market comes to the conclusion a bunch of folk intend bail at the 186p, the odds grow an attempt at our 3rd level ambition of 200p shall become valid! After all, there are few things folk enjoy more than selling a share, only to watch the price gallop off into the distance.

 

In the event things intend go horribly wrong for Barclays, the share price needs weakness below Red (currently 136) as this threatens to trigger reversal to an initial 126 with secondary, if broken, at 116p 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
2:13:37PM BRENT 8056 7940 7901 7832 8046 8108 8120 8160 8049
2:15:33PM GOLD
2:17:29PM FTSE
2:20:17PM STOX50
2:23:00PM GERMANY 16170.4 16100 16066 16025 16138 16190 16216 16258 16153
2:32:06PM US500
2:46:02PM DOW
2:47:49PM NASDAQ
2:50:24PM JAPAN

 

21/07/2023 FTSE Closed at 7663 points. Change of 0.22%. Total value traded through LSE was: £ 4,470,558,321 a change of -16.97%
20/07/2023 FTSE Closed at 7646 points. Change of 0.76%. Total value traded through LSE was: £ 5,384,109,244 a change of -16.08%
19/07/2023 FTSE Closed at 7588 points. Change of 1.81%. Total value traded through LSE was: £ 6,416,071,113 a change of 56.65%
18/07/2023 FTSE Closed at 7453 points. Change of 0.63%. Total value traded through LSE was: £ 4,095,812,024 a change of 3.79%
17/07/2023 FTSE Closed at 7406 points. Change of -0.38%. Total value traded through LSE was: £ 3,946,111,838 a change of 6.88%
14/07/2023 FTSE Closed at 7434 points. Change of -0.08%. Total value traded through LSE was: £ 3,691,976,999 a change of -20.65%
13/07/2023 FTSE Closed at 7440 points. Change of 0.32%. Total value traded through LSE was: £ 4,652,935,320 a change of -35.19%

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:CNA Centrica** **LSE:FGP Firstgroup** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:OCDO Ocado Plc** **

********

Updated charts published on : Asos, Centrica, Firstgroup, Hargreaves Lansdown, HSBC, ITM Power, Ocado Plc,


LSE:ASC Asos Close Mid-Price: 395.5 Percentage Change: -1.12% Day High: 405 Day Low: 386.4

Target met. Continued trades against ASC with a mid-price ABOVE 405 shoul ……..

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LSE:CNA Centrica. Close Mid-Price: 126.9 Percentage Change: + 0.99% Day High: 128.6 Day Low: 125.9

Target met. Further movement against Centrica ABOVE 128.6 should improve ……..

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LSE:FGP Firstgroup. Close Mid-Price: 149.8 Percentage Change: + 3.10% Day High: 151.2 Day Low: 145.2

Target met. Continued trades against FGP with a mid-price ABOVE 151.2 sho ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 927 Percentage Change: + 1.87% Day High: 944.8 Day Low: 919.4

Target met. In the event of Hargreaves Lansdown enjoying further trades b ……..

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LSE:HSBA HSBC. Close Mid-Price: 642 Percentage Change: + 0.31% Day High: 645.7 Day Low: 637.6

Target met. Further movement against HSBC ABOVE 645.7 should improve acce ……..

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LSE:ITM ITM Power. Close Mid-Price: 95.72 Percentage Change: + 2.59% Day High: 98.8 Day Low: 92

Target met. Further movement against ITM Power ABOVE 98.8 should improve ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 687 Percentage Change: + 0.62% Day High: 700.2 Day Low: 681.4

In the event of Ocado Plc enjoying further trades beyond 700.2, the share ……..

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

FTSE for FRIDAY (FTSE:UKX) and the weather report…

Our FTSE reports sometimes feel like the UK weather, mostly pretty dull in outlook but occasionally good news sneaks in. In ‘The Only Living Boy in New York’, Paul Simon sung; “I get all the news I need on the weather report”. Alas, nowadays even the weather report cannot be trusted, due to ‘them’ hyping up their headlines to generate internet views. Our preference of eschewing clickbait prose may make our words less exciting, but a desire to be correct without dramatics tends make sense. Plus, nowadays, who even pays attention to weather warnings?

For a few weeks, we’ve been suffering daily weather outlooks which all suggest ‘Sunny with Showers’ and a high of 17c. In reality, some monsoon like conditions prevailed with the following day invariably dry and sunny. This hints weather forecasters are lying down, their feet in a freezer and head in an oven, declaring an outlook which is at best an average and thus, on balance correct.

Thankfully, the markets are easier to predict. (That was a joke!)

 

For a few months, we’ve been moaning about the Blue line on the FTSE chart below, suspecting quite strongly it was going to prove important for the future. Today, Thursday 20th July, the FTSE managed to close a session above Blue, also managing a weak 4 points higher than the previous “high” in June. While we prefer our “higher highs” to exhibit more commitment than this, the fact it has occurred above what seems to be an important trend line gives considerable hope some positive movement is scheduled for the FTSE.

As a result, above just 7670 points calculates as capable of promoting a lift toward 7739 points next, a price level at which there’s no immediate excuse to provide hesitation. Our longer term secondary ambition, if such a target is exceeded, works out at 7865 points, a fairly useful target which we strongly doubt shall be the work of a single day.

 

If everything intends go wrong, our converse scenario currently suggests weakness below 7596 risks causing some trouble, allowing for initial weakness to an unlikely looking 7534 points with secondary, if broken, at 7500 points.

 

Have a good weekend and hopefully the Grand Prix proves enjoyable, despite the organisers making another ridiculous attempt to make the Sunday race superfluous.

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:45:16PM BRENT 7953.6 7851 7810 7966 8010 8042 7923
9:47:36PM GOLD 1969.15 1964 1960 1972 1984 1988 1969 ‘cess
9:50:13PM FTSE 7648.7 7565 7543 7601 7653 7667 7585
9:53:38PM STOX50 4358.3 4338 4322 4367 4381 4389 4361
9:56:35PM GERMANY 16133.2 16033 15974 16120 16184 16222 16154 ‘cess
9:58:48PM US500 4536.9 4527 4512 4541 4564 4573 4544 Success
10:01:04PM DOW 35237.7 35176 35103 35254 35372 35408 35282 Success
10:04:39PM NASDAQ 15476 15427 15324 15523 15507 15533 15470 Success

 

20/07/2023 FTSE Closed at 7646 points. Change of 0.76%. Total value traded through LSE was: £ 5,384,109,244 a change of -16.08%
19/07/2023 FTSE Closed at 7588 points. Change of 1.81%. Total value traded through LSE was: £ 6,416,071,113 a change of 56.65%
18/07/2023 FTSE Closed at 7453 points. Change of 0.63%. Total value traded through LSE was: £ 4,095,812,024 a change of 3.79%
17/07/2023 FTSE Closed at 7406 points. Change of -0.38%. Total value traded through LSE was: £ 3,946,111,838 a change of 6.88%
14/07/2023 FTSE Closed at 7434 points. Change of -0.08%. Total value traded through LSE was: £ 3,691,976,999 a change of -20.65%
13/07/2023 FTSE Closed at 7440 points. Change of 0.32%. Total value traded through LSE was: £ 4,652,935,320 a change of -35.19%
12/07/2023 FTSE Closed at 7416 points. Change of 1.84%. Total value traded through LSE was: £ 7,179,397,183 a change of 76.59%

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:AVCT Avacta** **LSE:BARC Barclays** **LSE:BLVN Bowleven** **LSE:DARK Darktrace Plc** **LSE:FGP Firstgroup** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IDS International Distribution** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **

********

Updated charts published on : Asos, Avacta, Barclays, Bowleven, Darktrace Plc, Firstgroup, Hikma, Hargreaves Lansdown, HSBC, International Distribution, ITM Power, Marks and Spencer,


LSE:ASC Asos. Close Mid-Price: 400 Percentage Change: + 3.65% Day High: 402.9 Day Low: 380.7

All Asos needs are mid-price trades ABOVE 402.9 to improve acceleration t ……..

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LSE:AVCT Avacta Close Mid-Price: 99 Percentage Change: -2.46% Day High: 102 Day Low: 98.5

Weakness on Avacta below 98.5 will invariably lead to 97 with secondary, ……..

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LSE:BARC Barclays. Close Mid-Price: 164.36 Percentage Change: + 0.05% Day High: 166.24 Day Low: 164.44

Target met. Continued trades against BARC with a mid-price ABOVE 166.24 s ……..

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LSE:BLVN Bowleven. Close Mid-Price: 1.75 Percentage Change: + 66.67% Day High: 2.4 Day Low: 1.05

Target met. Further movement against Bowleven ABOVE 2.4 should improve ac ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 396 Percentage Change: + 0.61% Day High: 401 Day Low: 385

All Darktrace Plc needs are mid-price trades ABOVE 401 to improve acceler ……..

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LSE:FGP Firstgroup. Close Mid-Price: 145.3 Percentage Change: + 0.28% Day High: 150 Day Low: 142.7

All Firstgroup needs are mid-price trades ABOVE 150 to improve accelerati ……..

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LSE:HIK Hikma. Close Mid-Price: 2063 Percentage Change: + 5.71% Day High: 2135 Day Low: 1994

Target met. Further movement against Hikma ABOVE 2135 should improve acce ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 910 Percentage Change: -0.44% Day High: 921.4 Day Low: 899.6

Further movement against Hargreaves Lansdown ABOVE 921.4 should improve a ……..

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LSE:HSBA HSBC. Close Mid-Price: 640 Percentage Change: + 1.78% Day High: 640.6 Day Low: 629.2

Target met. Continued trades against HSBA with a mid-price ABOVE 640.6 sh ……..

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LSE:IDS International Distribution. Close Mid-Price: 272.4 Percentage Change: + 2.10% Day High: 276.8 Day Low: 266.7

Target met. In the event of International Distribution enjoying further t ……..

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LSE:ITM ITM Power. Close Mid-Price: 93.3 Percentage Change: + 1.63% Day High: 95.32 Day Low: 90.7

Target met. All ITM Power needs are mid-price trades ABOVE 95.32 to impro ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 204.8 Percentage Change: -0.05% Day High: 209.8 Day Low: 205

All Marks and Spencer needs are mid-price trades ABOVE 209.8 to improve a ……..

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

Kier Group (LSE:KIE) building on foundations?

#Gold #Stoxx50  Somehow or other, one of our grand-daughters has developed a sense of humour. There’s even a slight chance the blame lies with me, due to a habit of ensuring each year is punctuated with a major “gotcha” for her, usually months in the making. This year has seen her revenge, her victim being the microwave. Firstly, she “stole” the clock from the display. A few months later, the display discovered darkness until the door was opened and now, visiting for the school holidays, she’s managed to utterly silence the machines irritating “beeps”. I know she’s discovered the manufacturers programming codes, generally accessed by a complex series of key presses, designed to make it impossible for the public to mess with the software. Neither my wife nor I have risen to the bait, intending to carry out a hard reset on the thing while sabotaging the cookers software, probably to disable the timer which she relies upon for her baking.

We’re starting to suspect her Mum has regaled her with stories of her own childhood, hopefully not including the time she discovered Fairy Liquid and a dishwasher REALLY do not mix.

 

 

Kiers price movements are sponsoring this delve into whimsical thoughts as when we reviewed ’em a year ago, we’d proposed 70p as an ultimate bottom, this being a number below which we couldn’t calculate. As September ended in 2022, the share price stumbled below 70p, making us fear for the worst as we couldn’t realistically work out anywhere else for the price to go. Similar to myself floundering around looking for a Microwave beep, the share has managed to enact everything possible to confuse the market but by the end of April this year, some hope was discovered Kier share price is on the edge of doing something useful.

 

There are some fairly solid signs the construction industry is finally starting to give hope for investors and we’d hope Kier shall join in any upward surprise movements. The immediate situation is quite interesting, suggesting above 86p should now promote the concept of price recovery to an initial 99p. Our longer term secondary, if 99p is exceeded, calculates at 121p and some probable hesitation, if only due to prior highs.

For everything to go horribly wrong, the share price now needs wither below 60p to give an early impression of real trouble. Visually, it looks like optimism should be the order of the day for the future and hopefully, UK politicians don’t position themselves to spoil the party.

 

 

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:42:07PM BRENT 7930 7900 7842 7764 7991 8077 8127 8236 7963 ‘cess
9:57:06PM GOLD 1976.36 1969 1964 1958 1979 1980 1986 2017 1969
9:59:57PM FTSE 7582.3 7512 7488 7442 7589 7626 7667 7733 7561 Success
10:03:22PM STOX50 4356 4355 4352 4335 4372 4387 4398 4413 4367 ‘cess
10:06:38PM GERMANY 16111.4 16071 16050 15986 16122 16175 16203 16247 16117 ‘cess
10:08:33PM US500 4564.4 4550 4542 4530 4563 4578 4585 4596 4557
10:11:05PM DOW 35048.5 34883 34813 34673 35023 35233 35255 35327 35065 ‘cess
10:13:49PM NASDAQ 15810.9 15783 15749 15687 15865 15940 16110 16921 15795 Shambles
10:16:14PM JAPAN 32876 32803 32728 32617 32883 33006 33075 33165 32870 Success

 

19/07/2023 FTSE Closed at 7588 points. Change of 1.81%. Total value traded through LSE was: £ 6,416,071,113 a change of 56.65%
18/07/2023 FTSE Closed at 7453 points. Change of 0.63%. Total value traded through LSE was: £ 4,095,812,024 a change of 3.79%
17/07/2023 FTSE Closed at 7406 points. Change of -0.38%. Total value traded through LSE was: £ 3,946,111,838 a change of 6.88%
14/07/2023 FTSE Closed at 7434 points. Change of -0.08%. Total value traded through LSE was: £ 3,691,976,999 a change of -20.65%
13/07/2023 FTSE Closed at 7440 points. Change of 0.32%. Total value traded through LSE was: £ 4,652,935,320 a change of -35.19%
12/07/2023 FTSE Closed at 7416 points. Change of 1.84%. Total value traded through LSE was: £ 7,179,397,183 a change of 76.59%
11/07/2023 FTSE Closed at 7282 points. Change of 0.12%. Total value traded through LSE was: £ 4,065,629,486 a change of 3.17%

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

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

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

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

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


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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:DARK Darktrace Plc** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IDS International Distribution** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:SMT Scottish Mortgage Investment Trust** **

********

Updated charts published on : Asos, Barclays, Darktrace Plc, Hikma, Hargreaves Lansdown, HSBC, International Distribution, ITM Power, Marks and Spencer, Scottish Mortgage Investment Trust,


LSE:ASC Asos. Close Mid-Price: 385.9 Percentage Change: + 2.17% Day High: 397 Day Low: 380.5

In the event of Asos enjoying further trades beyond 397, the share should ……..

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LSE:BARC Barclays. Close Mid-Price: 164.28 Percentage Change: + 3.07% Day High: 164.56 Day Low: 161.32

All Barclays needs are mid-price trades ABOVE 164.56 to improve accelerat ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 393.6 Percentage Change: + 4.76% Day High: 391.3 Day Low: 372.1

Continued trades against DARK with a mid-price ABOVE 391.3 should improve ……..

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LSE:HIK Hikma. Close Mid-Price: 1951.5 Percentage Change: + 3.83% Day High: 1960 Day Low: 1892

Target met. In the event of Hikma enjoying further trades beyond 1960, th ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 914 Percentage Change: + 8.78% Day High: 909.8 Day Low: 866

Continued trades against HL. with a mid-price ABOVE 909.8 should improve ……..

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LSE:HSBA HSBC. Close Mid-Price: 628.8 Percentage Change: + 0.82% Day High: 632 Day Low: 624.5

All HSBC needs are mid-price trades ABOVE 632 to improve acceleration tow ……..

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LSE:IDS International Distribution. Close Mid-Price: 266.8 Percentage Change: + 1.91% Day High: 267.5 Day Low: 262.4

Target met. All International Distribution needs are mid-price trades ABO ……..

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LSE:ITM ITM Power. Close Mid-Price: 91.8 Percentage Change: + 9.31% Day High: 93.06 Day Low: 84.02

Target met. Continued trades against ITM with a mid-price ABOVE 93.06 sho ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 204.9 Percentage Change: + 1.39% Day High: 207.6 Day Low: 202.9

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

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 711.8 Percentage Change: + 4.65% Day High: 710.4 Day Low: 689.2

Continued trades against SMT with a mid-price ABOVE 710.4 should improve ……..

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