Trends And Targets

This second  full week of work for the FTSE has proven less than interesting. Aside from a single movement at the open on Wednesday, the FTSE 100 generally is making fewer movements than our temperature gauge here in Argyll. And therein lies a story, a week without a boiler and -14c has proven “interesting”. The lounge and adjacent bedroom has been quite happy, due to an incredibly hungry wood burning stove. The rest of the house has struggled, an oil filled electric heater heroically failing to do much with the office. The secret weapon of an electric waistcoat (powered by a USB power bank) made evenings fairly tolerable and hopefully the engineer arrives on Friday with the magical part to get the boiler running again.

It was annoying to discover, via Google, complete burner assemblies were available for a few hundred pounds, a price which seems cheap after 4 days without on demand heat.

Oddly, the problem isn’t the fact it doesn’t work. It does, just it also fills the house with white noxious smoke and triggers all the emergency alarms, two of which we didn’t even know we had! Despite it being possible to reach behind the engineers bit of protective tape and turn the boiler on, just one attempt to “take the chill off” led us to decide freezing to death would be better.

Thankfully we shall remain forever grateful for the last minute discovery Air Source Heat Pumps don’t really work in Scotland. Below 5c and they turn into big consumers of electricity, this unfortunately being a fairly low bar here in Argyll. Our home has fantastic insulation but as most of winter is spent below 5c, the much hyped product was worth avoiding. The last straw was the owner of a company which makes the devices, going public and saying he wouldn’t recommend them in Scotland, due to excess electricity costs.

 

As for the FTSE, we’re a little uncomfortable as to its prospects. January is usually a little rubbish and given all the rubbish going on in the world currently, some hesitancy makes sense. This week has seen one of the more absurd statements from Government, saying interest rate reductions may prove slower, thanks to inflation rates from December. This, rather neatly, avoided admitting the real reason inflation rates were higher was entirely due to Government action by increasing duty during December on life’s good stuff (booze and tobacco). Meanwhile, those guilty are enjoying skiing in Davos and will doubtless return to the UK with their full duty free entitlement of cheap cigars, Silk Cut cigarettes and Johnny Walker Black Label. (There’s a fond memory here, my Mum returning from Barcelona in the 1960’s with my first flamenco guitar. She stuffed it full of Silk Cut, then instructed me to be a nuisance in the customs hall.)

Our expectation is for the FTSE to find its way down to 7384 points with any weakness below 7426 points. If triggered, the tightest stop is visually at 7475 points but realistically, if this triggers, we suspect the drop shall prove sharp. If this is indeed the markets cunning plan, should it open Friday below 7475 points and things are liable to go pear shaped. Overall, there’s a reasonable argument anticipating an eventual 7340 points to provide a trampoline movement.

Of course, there is always an alternate and less complex scenario. Above 7490 (and not with a spike in the opening second) should prove capable of a lift to a pitiful 7499 points. If bettered, our secondary works out at an exciting and unlikely, cycle to an eventual 7613 points.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:23:49PM	BRENT	7868.3	7633	7532	7407	7755	7907	7984	8101	7857	Success
10:26:00PM	GOLD	2022.92	2006	2003	1996	2015	2024	2026	2034	2013
10:30:11PM	FTSE	7476.7	7429	7409	7383	7454	7487	7497	7528	7446	Success
10:37:21PM	STOX50	4468.7	4441	4431	4416	4459	4476	4482	4485	4467	Success
10:40:50PM	GERMANY	16607	16514	16490	16446	16574	16620	16646	16746	16550	Success
10:43:35PM	US500	4780.5	4740	4727	4707	4767	4788	4795	4822	4764	Success
10:45:52PM	DOW	37471.8	37130	37015	36842	37297	37534	37545	37604	37417	‘cess
11:18:23PM	NASDAQ	16987.4	16714	16590	16454	16780	16998	17064	17136	16874	Success
11:21:17PM	JAPAN	36071	35412	35137	34818	35626	36100	36435	36810	36001	Success

18/01/2024 FTSE Closed at 7459 points. Change of 0.17%. Total value traded through LSE was: £ 5,710,434,313 a change of 4.63%

17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%

16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%

15/01/2024 FTSE Closed at 7594 points. Change of -0.39%. Total value traded through LSE was: £ 3,725,366,941 a change of -35.31%

12/01/2024 FTSE Closed at 7624 points. Change of 0.63%. Total value traded through LSE was: £ 5,758,721,485 a change of -30.28%

11/01/2024 FTSE Closed at 7576 points. Change of -0.98%. Total value traded through LSE was: £ 8,259,450,269 a change of 68.77%

10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%

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…

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

Click Epic to jump to share: LSE:DGE Diageo** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:SDY Speedyhire** **

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Updated charts published on : Diageo, Intercontinental Hotels Group, International Personal Finance, Speedyhire,

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LSE:DGE Diageo Close Mid-Price: 2732.5 Percentage Change: -0.60% Day High: 2745 Day Low: 2712

Continued weakness against DGE taking the price below 2712 calculates as ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7344 Percentage Change: + 2.31% Day High: 7324 Day Low: 7164

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

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LSE:IPF International Personal Finance. Close Mid-Price: 115 Percentage Change: + 0.00% Day High: 115 Day Low: 112

Below 111.5 looks problematic, allowing for reversals to an initial 100p. ……..

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LSE:SDY Speedyhire Close Mid-Price: 33.05 Percentage Change: -1.20% Day High: 34.1 Day Low: 33

Now above just 35p should trigger price gains to an initial 38.8 with seco ……..

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

#Gold #Nasdaq I remember a scare story when I was younger, one which proclaimed 1 in 10 people will get cancer. A few years later and the ratio changed to 1 in 5, and then there was a memorable night in a pub where four of us were joking about which one would get the illness.  From the perspective of the cancer industry, things continue to improve, a recent outlook suggesting 1 in 2 folk shall be diagnosed.

It’s certainly a growth market. From the four of us sitting in that pub joking about who was going to be the 1 in 4, three were diagnosed in the years which followed, allowing for one undeniable conclusion. The advertising industry is consistently rubbish at predicting just what’s going on in the world. The cynic within does question if the problem is of more cancers or is the real reason one of greater accuracy of diagnosis, ideally while the patient is still alive and able to present for testing.

Angle Plc appear to be producing some important products, in particular their breast cancer system which provides personalised cancer care through non-invasive liquid biopsy. Anything to improve the level of care in such a field is deserving of some attention but unfortunately, this doesn’t answer why Angle Plc have experienced such a rotten share price ride since 2022.

 

Thankfully, there are some early signs of optimism for the share price future but don’t get us wrong. The share is currently trading in a zone where we can calculate an “ultimate bottom”, the level below which we cannot calculate, down at just 5p. Perhaps the surge to 37 at the start of this year deserves some hope, creating an immediate situation where above just 26p should now trigger share price recovery to 35p. Such a scenario could be quite significant, allowing the price to break above the immediate downtrend and commence a cycle to a secondary target of 47p and beyond.

While this share price is presently trading in a pretty foul zone, it’s certainly not difficult to argue in favour of sharp recovery kicking off, due to any eventual closure above Blue taking the price into a region where a sharp future movement to an impressive looking 96p becomes possible.

Unlike cancer statistics, we suspect this one shall prove worth watching.

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:27:13PM	BRENT	7789.1
10:29:50PM	GOLD	2005.94	2001	1999	1900	2008	2030	2041	2054	2018	‘cess
10:33:12PM	FTSE	7433.2									Success
10:36:43PM	STOX50	4397.6									Success
10:39:24PM	GERMANY	16409									‘cess
10:42:02PM	US500	4735.8									‘cess
10:45:50PM	DOW	37283.5									‘cess
10:48:40PM	NASDAQ	16729	16566	16503	16370	16682	16775	16853	16950	16720
10:51:14PM	JAPAN	35507

 

17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%

16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%

15/01/2024 FTSE Closed at 7594 points. Change of -0.39%. Total value traded through LSE was: £ 3,725,366,941 a change of -35.31%

12/01/2024 FTSE Closed at 7624 points. Change of 0.63%. Total value traded through LSE was: £ 5,758,721,485 a change of -30.28%

11/01/2024 FTSE Closed at 7576 points. Change of -0.98%. Total value traded through LSE was: £ 8,259,450,269 a change of 68.77%

10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%

9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%

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…

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BP. BP PLC** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:SPT Spirent Comms** **LSE:STAN Standard Chartered** **

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Updated charts published on : Avacta, BP PLC, Fresnillo, Hikma, Spirent Comms, Standard Chartered,

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LSE:AVCT Avacta Close Mid-Price: 105 Percentage Change: -1.87% Day High: 106.5 Day Low: 102

In the event Avacta experiences weakness below 102 it calculates with a d ……..

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LSE:BP. BP PLC Close Mid-Price: 448.5 Percentage Change: -0.84% Day High: 450.45 Day Low: 442.2

Target met. In the event BP PLC experiences weakness below 442.2 it calcu ……..

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LSE:FRES Fresnillo Close Mid-Price: 487.9 Percentage Change: -2.96% Day High: 498.6 Day Low: 477.5

Target met. Weakness on Fresnillo below 477.5 will invariably lead to 436 ……..

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LSE:HIK Hikma Close Mid-Price: 1965 Percentage Change: -0.25% Day High: 1980.5 Day Low: 1946.5

Further movement against Hikma ABOVE 1980.5 should improve acceleration t ……..

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LSE:SPT Spirent Comms Close Mid-Price: 123.9 Percentage Change: -3.28% Day High: 130 Day Low: 123.2

Continued trades against SPT with a mid-price ABOVE 130 should improve th ……..

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LSE:STAN Standard Chartered Close Mid-Price: 575 Percentage Change: -2.41% Day High: 581.2 Day Low: 571

Continued weakness against STAN taking the price below 571 calculates as ……..

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

#FTSE #US500 An unexpected side effect of our Covid week was the unpleasant realisation we could use an entire months supply of heating oil in just 5 days. And of course, the tank ran out. Thankfully, the oil company were able to make a swift, if expensive, delivery and in the process of this came the shocking discovery heating oil in Northern Ireland is around 30p/litre cheaper than in Scotland or England. Jealousy was not an attractive look while also enjoying a -5c sunny day!

As usual, the Met Office panic which promised snow failed to come to fruition, our animals forced to enjoy rolling around on frozen grass.

However, the heating oil story wasn’t over, thanks to the boiler deciding to try and impress us with a range of error codes. The core issue was the boiler had figured out we’d run out of oil, needed a delivery, and needed an engineer to reset the error codes. Thankfully I’ve been around this particular block, knowing there’d be a reset switch or button. The thing was easily found, the boiler bursting into life only to shut down again, this time because air had been detected in the fuel line. In plain English, it needed bled, a fairly straightforward process, one which utterly fell apart on me.

The problem was simple. No fuel was making its way from the oil tank to the boiler and a check at the tank revealed the problem. The delivery driver had stood on the copper pipe, creating a kink, stopping the flow of oil. It should have  been an easy fix (in -5c), so I turned the tap on the tank off while I sorted the damaged pipe. Unfortunately, this was probably the first time this tap had been touched since installation and there was a metal snapping noise. It was time to call out a grown-up as I both knew I’d broken the tap, couldn’t stop the flow of oil, couldn’t fix the damaged pipe, couldn’t get fuel to our boiler. A text message to my wife (she knows people…) ensured a bloke turned up within an hour looking dangerously competent. I explained what had happened, he explained he was a farm engineer and could probably sort things out. After a while, he admitted he’d decided to order a new tap and filter assembly for the oil tank as bypassing it would damage our modern boiler. The parts should arrive tomorrow and hopefully we’ll get things going again.

As an aside, it transpired his border collie “knows” our golden retriever, the two dogs enacting a play fight for a couple of hours, stopping only to drink. I’d completely forgotten about the cat but the animal was proving quite relaxed, watching the games from her perch above a computer, obviously completely unthreatened. Amusingly, when they were allowed into the rear garden, our golden retriever led the collie through all her favourite bits, the stream gully, the waterfall pool, and the secret dog path up the cliff where, unusually, no deer were waiting to be chased. Instead, Red Squirrel were on the menu, driving both dogs insane.

Long story short, another day in Argyll, one which ended with the log fire blazing and the patio doors slid open to allow the lounge to cool down.

 

This has quite a lot to do with Central Asia Metals, not because of dogs or heating systems. Instead, it’s got everything to do with their share price failing to do something expected.

When we previously reviewed the share, we’d given criteria for share price reversal to 178 with secondary, if broken, at 170p. In the grand scheme of things, when we present such a confluence of numbers, we’ve a secret expectation a proper bounce in inevitable. In July last year, the share price exactly hit our 170p and indeed produced a bounce, eventually reaching 210p. It was by most standards, a reasonable gain but unfortunately, one which appears not to be proving sustainable. The situation now is quite messy, suggesting weakness below 161p shall risk a visit to an initial 140 with secondary, if broken, at 130p and once again, a price level from which we anticipate another bounce. The current situation demands the share price sink below 95 to indicate everything has gone wrong, similar to our heating oil tank.

In the event of any miracle behaviour, we can present a scenario where above 182p could apparently trigger price recovery to an initial 203p and almost certain hesitation. Our longer term secondary, should such a level be exceeded, works out at an impressive 262p. Common sense demands we wait until the price closes above 203p before believing the calculation which allows such an impressive jump.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:20:45PM	BRENT	7766.1									Shambles
10:24:08PM	GOLD	2028.15									Success
10:29:17PM	FTSE	7535.1	7530	7489	7441	7580	7580	7596	7618	7548	‘cess
10:32:30PM	STOX50	4433.6									Success
10:35:46PM	GERMANY	16534									‘cess
10:39:04PM	US500	4766.3	4747	4739	4724	4767	4784	4795	4811	4763	Success
10:42:39PM	DOW	37342									‘cess
10:46:22PM	JAPAN	35899									Success

 

16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%

15/01/2024 FTSE Closed at 7594 points. Change of -0.39%. Total value traded through LSE was: £ 3,725,366,941 a change of -35.31%

12/01/2024 FTSE Closed at 7624 points. Change of 0.63%. Total value traded through LSE was: £ 5,758,721,485 a change of -30.28%

11/01/2024 FTSE Closed at 7576 points. Change of -0.98%. Total value traded through LSE was: £ 8,259,450,269 a change of 68.77%

10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%

9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%

8/01/2024 FTSE Closed at 7694 points. Change of 0.07%. Total value traded through LSE was: £ 4,692,765,125 a change of -13.08%

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…

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

Click Epic to jump to share: LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:EME Empyrean** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:ITV ITV** **LSE:STAN Standard Chartered** **

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Updated charts published on : BP PLC, Carclo, Empyrean, Fresnillo, Hikma, ITV, Standard Chartered,

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LSE:BP. BP PLC Close Mid-Price: 452.3 Percentage Change: -0.15% Day High: 458.65 Day Low: 448.2

Target met. Continued weakness against BP. taking the price below 448.2 c ……..

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LSE:CAR Carclo Close Mid-Price: 8.2 Percentage Change: -12.30% Day High: 9.02 Day Low: 8.2

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

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LSE:EME Empyrean Close Mid-Price: 0.55 Percentage Change: -4.35% Day High: 0.5 Day Low: 0.5

Target met. Weakness on Empyrean below 0.5 will invariably lead to 0.43p ……..

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LSE:FRES Fresnillo Close Mid-Price: 502.8 Percentage Change: -4.63% Day High: 525 Day Low: 504.8

If Fresnillo experiences continued weakness below 504.8, it will invariab ……..

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LSE:HIK Hikma. Close Mid-Price: 1970 Percentage Change: + 1.91% Day High: 1976 Day Low: 1906

Target met. All Hikma needs are mid-price trades ABOVE 1976 to improve ac ……..

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LSE:ITV ITV Close Mid-Price: 59.48 Percentage Change: -1.98% Day High: 60.16 Day Low: 57.86

Target met. Continued weakness against ITV taking the price below 57.86 c ……..

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LSE:STAN Standard Chartered Close Mid-Price: 589.2 Percentage Change: -2.61% Day High: 603.4 Day Low: 587.4

If Standard Chartered experiences continued weakness below 587.4, it will ……..

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

#Gold #SP500 There’s something strange in our household as we often appear to start the year planning on changing one of our vehicles. This ambition is usually tainted with failure, a realisation we don’t really achieve any sort of significant mileage. The machine I use most often hasn’t even covered 2,000 miles since its last MoT, the car purchased to take our animals out for local walks but also, as an emergency 4WD car. The bigger (also 4WD) Toyota has covered just above 5,000 miles in the last year, friends noticing both cars are identical in colour and also, size! But the smaller one gets over 60mpg!

So, my wife and I settled down in front of the smart TV which has a powerful computer routed through it, giving decent access to the internet and download speeds  which are useful. In our house, we do have a wireless network for grandchildren’s devices but the things which matter are on ethernet, ensuring there’s no degradation of the fibre optic signal. We opened a bottle of red, a bottle of white, and went car shopping. As always, a brief flurry of interest over electric vehicles before common sense established itself. Electric cars don’t do terribly well in cool climate conditions and with the temperature overnight tonight expected to reach -7c, the chances of any vehicles at the front of our home maintaining a reasonable charge are low. We’ve also discovered vehicle electronics don’t relish the salty atmosphere blown from the sea outside in far from rare 50+mph winds, this resulting in a situation where a wonderful Ford C-Max was sold for a couple of quid, due to it being impossible for a garage to repair. Essentially, Argyll had gotten into the electronics and eaten them.

As our respective wine bottles evaporated, it became clear, once again we are quite happy with our pair of Toyota twins and the only reason to replace either would be open to debate. So we jumped away from Pendragon’s offerings, closed the Autotrader tabs, and continued to get angry at the fallout from the Post Office Fraud documentary. Surely the police must become involved? Once sub-postmasters were being told the situation “only” affected them and “only” their branch, it became fraudulent behaviour by post office managers, along with extremely questionable behaviour from the GPO legal teams.

 

Despite neither of looking inclined to replace vehicles this year, Pendragon share price is poised to potentially produce interesting behaviour.

The Blue downtrend dates back to 2007 and, as we’ve shown, there are a couple of big Red manipulation areas during the last couple of years. We’ve seen the share price gapped down to avoid the trend, then last year, it was gapped up in such a manner the share price rappelled above the trend line. This has the potential to provide a classic “GaGa” scenario, Gap Down and Gap Up. Or in plain speak, it should create a situation where the market shall continue to produce some gains.

If our reading of the situation is correct, above just 35.8p risks triggering recovery to an initial 40.3p with our secondary, if beaten, at a longer term 52.77p.

 

Should things intend go wrong, below 29.5 risks being the earliest warning as this threatens reversal to an initial 26.1p with secondary, if broken, an eventual 18.4p and probable bounce.

For now, we’re certainly inclined to optimism as it’s unlikely my wife and I were the only clients Pendragon had been hoping for!

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:33:48PM	BRENT	7793.6									Shambles
10:00:08PM	GOLD	2054.32	2045	2041	2035	2052	2063	2080	2102	2030	‘cess
10:03:16PM	FTSE	7588.8
10:05:33PM	STOX50	4456
10:09:21PM	GERMANY	16626.4
10:14:54PM	US500	4778.5	4773	4770	4765	4781	4789	4794	4801	4776
10:21:28PM	DOW	37569.5
10:25:00PM	NASDAQ	16830.3
10:28:50PM	JAPAN	36169									Success

15/01/2024 FTSE Closed at 7594 points. Change of -0.39%. Total value traded through LSE was: £ 3,725,366,941 a change of -35.31%

12/01/2024 FTSE Closed at 7624 points. Change of 0.63%. Total value traded through LSE was: £ 5,758,721,485 a change of -30.28%

11/01/2024 FTSE Closed at 7576 points. Change of -0.98%. Total value traded through LSE was: £ 8,259,450,269 a change of 68.77%

10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%

9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%

8/01/2024 FTSE Closed at 7694 points. Change of 0.07%. Total value traded through LSE was: £ 4,692,765,125 a change of -13.08%

7/01/2024 FTSE Closed at 7689 points. Change of -0.44%. Total value traded through LSE was: £ 5,398,845,060 a change of 19.89%

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:BP. BP PLC** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:SCLP Scancell** **LSE:SRP Serco** **

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Updated charts published on : BP PLC, Foxtons, Hikma, Scancell, Serco,

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LSE:BP. BP PLC Close Mid-Price: 453 Percentage Change: -0.25% Day High: 458.4 Day Low: 451.3

Weakness on BP PLC below 451.3 will invariably lead to 450p with secondar ……..

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LSE:FOXT Foxtons. Close Mid-Price: 52.4 Percentage Change: + 2.34% Day High: 53.1 Day Low: 51.1

Further movement against Foxtons ABOVE 53.1 should improve acceleration t ……..

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LSE:HIK Hikma. Close Mid-Price: 1933 Percentage Change: + 0.18% Day High: 1938.5 Day Low: 1919.5

In the event of Hikma enjoying further trades beyond 1938.5, the share sh ……..

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LSE:SCLP Scancell. Close Mid-Price: 10.25 Percentage Change: + 0.00% Day High: 10.38 Day Low: 10.25

Weakness on Scancell below 10.25 will invariably lead to 6.2p with second ……..

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LSE:SRP Serco. Close Mid-Price: 167.9 Percentage Change: + 0.54% Day High: 168.7 Day Low: 166.7

Further movement against Serco ABOVE 168.7 should improve acceleration to ……..

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

#Brent #Dax From our viewpoint, last week proved about as bad as it can get. Due to incompetence inspired by Covid-19 infections, we effectively competed in-house to expand upon any error made, eventually getting to the stage it was easiest just to walk away. Quite why it took 5 days for the golden rule “When in a hole, stop digging” to give a reasonable excuse to turn up the heating and just wrap up against the elements.  Neither of us would recommend discovering a cheeky little 5 day work holiday due to Covid as it wasn’t a lot of fun. For me, sustenance for the week totalled; 3 mincemeat xmas pies, 4 lattes, 6 litres of fresh orange juice. My wife, on the other hand, suffered no appetite degradation instead, developing a need for constant pasta. It was all a very strange experience and not to be recommended, if only due to the “brains to mush” symptom.

 

Barclays Bank share price appears to be developing its own “brains to mush” symptoms, their share price once again retreating below a prior downtrend. This is rarely a comfortably signal, creating a scenario where below 144.5p should possibly make an attempt at 141 with our secondary, if broken, a very possible bottom price level at 136.3p. While our calculations do point to the strong potential of a bounce at 136p level, the danger should such a level break, if for an ongoing weakness cycle down to an eventual 99p. Unfortunately, the visuals on the chart make such a prospect fairly sensible, given prior history.

If Barclays intend make a serious effort to improve their share price, now above 157.5p shall be viewed as extremely significant, calculation with the potential of a lift to an initial 168 with our secondary, if bettered, at 181p.

Unfortunately, for now, we regard it as heading to 136.3p and unlike a Covid wheeze, pouring Covonia over it looks unlikely to bear fruit.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:29:31PM	BRENT	7821.2	7785	7735	7625	7868	7862	7886	7920	7824
10:32:36PM	GOLD	2048.83
10:34:57PM	FTSE	7627
10:38:01PM	STOX50	4482.2
10:55:46PM	GERMANY	16712.4	16537	16528	16423	16619	16717	16807	16897	16670
10:58:16PM	US500	4776.4
11:04:55PM	DOW	37539.6
11:08:20PM	NASDAQ	16802.6
11:12:33PM	JAPAN	35504

 

12/01/2024 FTSE Closed at 7624 points. Change of 0.63%. Total value traded through LSE was: £ 5,758,721,485 a change of -30.28%

11/01/2024 FTSE Closed at 7576 points. Change of -0.98%. Total value traded through LSE was: £ 8,259,450,269 a change of 68.77%

10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%

9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%

8/01/2024 FTSE Closed at 7694 points. Change of 0.07%. Total value traded through LSE was: £ 4,692,765,125 a change of -13.08%

7/01/2024 FTSE Closed at 7689 points. Change of -0.44%. Total value traded through LSE was: £ 5,398,845,060 a change of 19.89%

4/01/2024 FTSE Closed at 7723 points. Change of -100%. Total value traded through LSE was: £ 4,502,996,889 a change of 0%

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:DARK Darktrace Plc** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:SRP Serco** **

********

Updated charts published on : Darktrace Plc, Hikma, IG Group, Intertek, Serco,

LSE:DARK Darktrace Plc Close Mid-Price: 352.4 Percentage Change: -3.69% Day High: 375 Day Low: 351.6

In the event of Darktrace Plc enjoying further trades beyond 375, the sha ……..

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LSE:HIK Hikma. Close Mid-Price: 1929.5 Percentage Change: + 1.39% Day High: 1929.5 Day Low: 1904.5

Continued trades against HIK with a mid-price ABOVE 1929.5 should improve ……..

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LSE:IGG IG Group. Close Mid-Price: 778 Percentage Change: + 1.43% Day High: 784.5 Day Low: 766.5

All IG Group needs are mid-price trades ABOVE 784.5 to improve accelerati ……..

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LSE:ITRK Intertek. Close Mid-Price: 4354 Percentage Change: + 1.44% Day High: 4376 Day Low: 4299

Further movement against Intertek ABOVE 4376 should improve acceleration ……..

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LSE:SRP Serco. Close Mid-Price: 167 Percentage Change: + 2.14% Day High: 168.1 Day Low: 163.8

All Serco needs are mid-price trades ABOVE 168.1 to improve acceleration ……..

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

From our perspective, it has been a terrible week. My wife was diagnosed with Covid19 on Monday with her symptoms erupting faster than a Post Office lawyer pretend he’s got solid legal arguments.. By Tuesday morning, we were both blessed with the horrid illness, deciding we were going to take it easy for the week ahead, providing only the popular derivatives such as FTSE, Brent, Wall St, Gold. Hopefully this weekend should see the pair of us make significant improvements. It was funny on Tuesday, a call from my bloodwork consultant asking what the heck was going on. When we explained it was a Covid thing, his response was to suggest we just close for the week as it’s too difficult to handle the symptoms while pretending to be professional. But of course, he still had immediate questions relating to the S&P500 etc.

Our FTSE for Friday is now looking fairly positive, perhaps even meaningful.  Their share price movements look almost too specific giving a visual impersonation of some imminent weekness but otherwise, there’s a pretty sane potenial of below 7576 bringing the price back to an initial 7622 with secondary, if broken at 7399 and a more than reasonable hope for a bounce. This degree of optimism is fairly unusual, especially as it produces a pretty picture where there’s a strong argument for 7399  and a trampoline level.. Should the FTSE manage above 7770 points, we shall be looking for recovery to an initial 7902 with secondary, if beaten, at 8069 points.

We’re being lazy, looking only at the top futures shares until my brain starts functioning.

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:47:14PM	BRENT	7667	7633	7595	7506	7682	7763	7787	7838	7711
9:49:47PM	GOLD	2023.5	2020	2016	2008	2031	2040	2045	2053	2024
10:01:39PM	DOW	37693	37436	37337	37200	37712	37745	37773	37908	37602
10:06:22PM	FTSE	7652.9	7645	7632	7600	7675	7683	7699	7717	7652

 

 

11/01/2024 FTSE Closed at 7576 points. Change of -0.98%. Total value traded through LSE was: £ 8,259,450,269 a change of 68.77%

10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%

9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%

8/01/2024 FTSE Closed at 7694 points. Change of 0.07%. Total value traded through LSE was: £ 4,692,765,125 a change of -13.08%

7/01/2024 FTSE Closed at 7689 points. Change of -0.44%. Total value traded through LSE was: £ 5,398,845,060 a change of 19.89%

4/01/2024 FTSE Closed at 7723 points. Change of -100%. Total value traded through LSE was: £ 4,502,996,889 a change of 0%

3/01/2024 FTSE Closed at 7682 points. Change of 0%. Total value traded through LSE was: £ 4,597,057,566 a change of 0%

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.

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.

If you want to ask a question about something Market Related intraday, don’t hesitate to email private.client@trendsandtargets.com. If something has gone volatile and a quick answer is needed, we’ve probably already run the numbers on it. As you’ll appreciate, we try and avoid spamming people needlessly.

---

Section One – Outlook Updated Today. Click here for Section Two – Outlook remains valid stocks

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:DARK Darktrace Plc** **LSE:EME Empyrean** **LSE:EZJ EasyJet** **LSE:HIK Hikma** **LSE:IHG Intercontinental Hotels Group** **LSE:ITRK Intertek** **LSE:SRP Serco** **

********

Updated charts published on : Avacta, Astrazeneca, BP PLC, Cellular Goods, Darktrace Plc, Empyrean, EasyJet, Hikma, Intercontinental Hotels Group, Intertek, Serco,

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LSE:AVCT Avacta. Close Mid-Price: 106 Percentage Change: -3.20% Day High: 109.5 Day Low: 105.5

Continued weakness against AVCT taking the price below 105.5 calculates as leading to an initial 100p with secondary (if broken) at a longer term 70p and a bounce. The share requires to sneak ABOVE 147 now calculates with the potential of a visit to 166 next with secondary, if bettered, now at 192p

Previous Report:

10/01/2024 If Avacta experiences continued weakness below 107, it will invariably lead to 100p with secondary (if broken) at a longer term 70p and a bounce. The share requires to sneak ABOVE 147 now calculates with the potential of a visit to 166 next with secondary, if bettered, now at 192p

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LSE:AZN Astrazeneca. Close Mid-Price: 10830 Percentage Change: -0.64% Day High: 11022 Day Low: 10832

Target met. Further movement against Astrazeneca ABOVE 11022 should improve acceleration toward an initial 11134p with secondary (if initial bettered) at 11748p. The share would require to weaken BELOW 9851 will invariably lead to 9709p with secondary (if broken) at a longer term 9685p.

Previous Report:

10/01/2024 Continued trades against AZN with a mid-price ABOVE 10926 should improve the share value to firstly 11009p with secondary, if beaten, at 11748p. The share would require to weaken BELOW 9851 will invariably lead to 9709p with secondary (if broken) at a longer term 9685p.

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View Previous Astrazeneca & Big Picture ***

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LSE:BP. BP PLC. Close Mid-Price: 454.2 Percentage Change: -0.49% Day High: 459.95 Day Low: 453.6

If BP PLC experiences continued weakness below 453.6, it will invariably lead to 450p with secondary (if broken) at a longer term 427p and probably a bounce. According to “GaGa”, the 427p level is almost mandated in the absence of miracles. The share requires to sneak ABOVE 490p to improve acceleration toward an initial 510p with secondary, if bettered, at 534p.

Previous Report:

10/01/2024 In the event BP PLC experiences weakness below 455 it calculates with a drop potential of 450p with secondary (if broken) at a longer term 427p and probably a bounce. According to “GaGa”, the 427p level is almost mandated in the absence of miracles. The share requires to sneak ABOVE 490p to improve acceleration toward an initial 510p with secondary, if bettered, at 534p.

</p

View Previous BP PLC & Big Picture ***

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LSE:CBX Cellular Goods. Close Mid-Price: 0.47 Percentage Change: -1.05% Day High: 0.75 Day Low: 0.48

Continued trades against CBX with a mid-price ABOVE 0.75 should improve the share value to firstly 0.88p with secondary, if bettered, at 1.4p. The share would require to weaken BELOW 0.32 it calculates with a drop potential of 0.22p with secondary (if broken) at a longer term 0.18p.

Previous Report:

30/10/2023 An interesting gain, achieved without any news breaking. Given everything kicked out at precisely 12.30, it appears there’s an expectation of something positive despite internet chatrooms being devoid of clues. Then again, maybe they just overcooked the relaxation. The immediate situation suggests gains above 0.62 should attempt an initial 0.88 with secondary, if bettered, at 1.4p.

</p

View Previous Cellular Goods & Big Picture ***

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LSE:DARK Darktrace Plc Close Mid-Price: 365.9 Percentage Change: + 9.03% Day High: 370.4 Day Low: 354.1

Further movement against Darktrace Plc ABOVE 370.4 should improve acceleration toward an initial 414p with secondary, if beaten, an unlikely looking 478p. The price would require to slip BELOW 320, it will invariably lead to 290p with secondary, if broken, at 231p.

Previous Report:

09/01/2024 If Darktrace Plc experiences continued weakness below 320.4, it will invariably lead to 290 with secondary, if broken, at 231p. It needs a miracle above 351p to give any hope now, signalling an initial 414 with secondary, if beaten, an unlikely looking 478

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View Previous Darktrace Plc & Big Picture ***

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LSE:EME Empyrean. Close Mid-Price: 0.54 Percentage Change: -5.10% Day High: 0 Day Low: 0

In the event Empyrean experiences weakness below 0.54 it calculates with a drop potential of 0.5p with secondary (if broken) at a longer term 0.16p. The share requires to sneak ABOVE 1.07p bringing recovery to 1.24p with secondary, if bettered, at 1.75p, perhaps even 2.25p.

Previous Report:

27/12/2023 Continued weakness against EME taking the price below 0.55 calculates as leading to an initial 0.5p with secondary (if broken) at a longer term 0.16p. The share requires to sneak ABOVE 1.07p bringing recovery to 1.24p with secondary, if bettered, at 1.75p, perhaps even 2.25p.

</p

View Previous Empyrean & Big Picture ***

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LSE:EZJ EasyJet Close Mid-Price: 514.2 Percentage Change: + 0.98% Day High: 533.6 Day Low: 516

Target met. Further movement against EasyJet ABOVE 533.6 should improve acceleration toward an initial 544p with secondary (if initial bettered) at 592p. The mid-price would require to trade BELOW 350, it will invariably lead to 346p with secondary (if broken) at a longer term 265p.

Previous Report:

21/12/2023 All EasyJet needs are mid-price trades ABOVE 522.8 to improve acceleration toward an initial 528p with secondary (if initial bested) at 592p. The mid-price would require to trade BELOW 350, it will invariably lead to 346p with secondary (if broken) at a longer term 265p.

</p

View Previous EasyJet & Big Picture ***

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LSE:HIK Hikma Close Mid-Price: 1903 Percentage Change: + 0.66% Day High: 1927.5 Day Low: 1891

Target met. Further movement against Hikma ABOVE 1927.5 should improve acceleration toward an initial 1942p with secondary (if initial bettered) at 1962p. The mid-price would require to trade BELOW 1711p calculates as leading to an initial 1602p with secondary, if broken, a probable bottom at 1391p eventually.

Previous Report:

09/01/2024 Target met. All Hikma needs are mid-price trades ABOVE 1899.5 to improve acceleration toward an initial 1925p with secondary (if initial exceeded) at 1962p. The mid-price would require to trade BELOW 1711p calculates as leading to an initial 1602p with secondary, if broken, a probable bottom at 1391p eventually.

</p

View Previous Hikma & Big Picture ***

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 7150 Percentage Change: -0.50% Day High: 7286 Day Low: 7160

All Intercontinental Hotels Group needs are mid-price trades ABOVE 7286 to improve acceleration toward an initial 7382p with secondary (if initial bettered) at 8053p. The share would require to weaken BELOW 5200p to suggest trauma, calculating with an initial 4117p with secondary, if broken, at a bottom (hopefully) of 3401p.

Previous Report:

20/12/2023 Further movement against Intercontinental Hotels Group ABOVE 7182 should improve acceleration toward an initial 7382 with secondary (if initial bettered) at 8053p. The share would require to weaken BELOW 5200p to suggest trauma, calculating with an initial 4117p with secondary, if broken, at a bottom (hopefully) of 3401p.

</p

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LSE:ITRK Intertek Close Mid-Price: 4292 Percentage Change: + 0.05% Day High: 4365 Day Low: 4290

Continued trades against ITRK with a mid-price ABOVE 4365 should improve the share value to firstly 4729 with secondary, if beaten, a longer term 5549p The share would require to weaken BELOW 3820 risks promoting reversal down to an initial 3540 with secondary, if broken, at 3211.

Previous Report:

18/12/2023 Below 3820 risks promoting reversal down to an initial 3540 with secondary, if broken, at 3211. Visually, there is a suggestion of anticipating a bounce from our primary target.

The alternate scenario expects movement above 4290 to visit an initial 4729 with secondary, if beaten, a longer term 5549p

</p

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LSE:SRP Serco Close Mid-Price: 163.5 Percentage Change: + 0.18% Day High: 165.2 Day Low: 163.4

Continued trades against SRP with a mid-price ABOVE 165.2 should improve the share value to firstly 174p with secondary, if bettered, at 199p. The share would require to weaken BELOW 135p, it will invariably lead to 134p with secondary (if broken) at a longer term 122p and a vague hope of a bounce.

Previous Report:

14/12/2023 In the event of Serco enjoying further trades beyond 164.2, the share should experience improved acceleration toward an initial 174p with secondary, if bettered, at 199p. The share would require to weaken BELOW 135p, it will invariably lead to 134p with secondary (if broken) at a longer term 122p and a vague hope of a bounce.

</p

View Previous Serco & Big Picture ***

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

 

Their share price was gapped up above the downtrend since 2020, such a deliberate movement making it difficult not to anticipate ongoing gains. To spoil the party, the share price probably needs fall below 61.15p. A move such as this allows for reversal to an initial 52.8 with secondary, if broken, an eventual 45.2p and a very possible rebound level.

On a more positive stance, above 68.4p now calculates with the potential of a lift to an initial 80 with secondary, if beaten, a longer term 87p. There’s certainly a pretty solid argument favouring a visit to 87p and only with share price closure above such a point, shall we feel duty bound to once again revisit their price movements

We’re being lazy, looking only at the top futures shares until my brain starts functioning.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:47:14PM	BRENT	7667	7633	7595	7506	7682	7763	7787	7838	7711
9:49:47PM	GOLD	2023.5	2020	2016	2008	2031	2040	2045	2053	2024
10:01:39PM	DOW	37693	37436	37337	37200	37712	37745	37773	37908	37602
10:06:22PM	FTSE	7652.9	7645	7632	7600	7675	7683	7699	7717	7652

 

10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%

9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%

8/01/2024 FTSE Closed at 7694 points. Change of 0.07%. Total value traded through LSE was: £ 4,692,765,125 a change of -13.08%

7/01/2024 FTSE Closed at 7689 points. Change of -0.44%. Total value traded through LSE was: £ 5,398,845,060 a change of 19.89%

4/01/2024 FTSE Closed at 7723 points. Change of -100%. Total value traded through LSE was: £ 4,502,996,889 a change of 0%

3/01/2024 FTSE Closed at 7682 points. Change of 0%. Total value traded through LSE was: £ 4,597,057,566 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:GRG Greggs** **

********

Updated charts published on : Avacta, Astrazeneca, BP PLC, Greggs,

LSE:AVCT Avacta Close Mid-Price: 109.5 Percentage Change: -0.90% Day High: 110.5 Day Low: 107

If Avacta experiences continued weakness below 107, it will invariably le ……..

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LSE:AZN Astrazeneca Close Mid-Price: 10900 Percentage Change: -0.02% Day High: 10926 Day Low: 10810

Continued trades against AZN with a mid-price ABOVE 10926 should improve ……..

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LSE:BP. BP PLC Close Mid-Price: 456.45 Percentage Change: -0.63% Day High: 462.3 Day Low: 455

In the event BP PLC experiences weakness below 455 it calculates with a d ……..

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LSE:GRG Greggs. Close Mid-Price: 2602 Percentage Change: + 5.17% Day High: 2718 Day Low: 2494

Target met. Continued trades against GRG with a mid-price ABOVE 2718 shou ……..

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View Previous Greggs & Big Picture ***

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