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FTSE for FRIDAY  (FTSE:UKX) getting exciting for no reason.

#FTSE #Gold  Thursday proved to be a day of humiliation. One of our grand-daughters had asked to visit and while we suspected her intention was target rifle practice, somehow I found myself sitting outside in sunny weather, teaching her to play Don McLean’s “Vincent” aka Starry Starry Night on guitar. While the 11 y/o child has the voice of an angel, she shall never play guitar better than Taylor Swift level but somehow or other, the sunny afternoon kept her attention for a couple of hours while we unwittingly did a duet, again and again.  And again.

Eventually, we had it right, her cunning plan being to play her Mums favourite song at some point over Xmas. Neither of us had noticed occasional people were no longer walking along the sea shore below us. When we called it ‘good enough’, a bunch of folk applauded from behind the hedges and wandering into sight. Grand-daughter, used to being on TV and radio due to school stuff, was not bothered but personally, why does a chasm never open when needed! Making matters worse, our nearest neighbour, quite an internationally famous piano guy, had listened to the entire thing and was now considering dragging one of his piano’s outside as we had changed the mood of a basic and simple tune. The guy has 9 different rooms with different piano’s, each with different lighting and acoustics, and is a proper musician (aka, he reads music, has a recording studio, and gets famous visitors.) And to be fair, wouldn’t dream of allowing one of his posh piano’s to enjoy a vastly variable Scottish climate. But maybe next year we shall enjoy a Strat vs Stein fight over the 1812 in privacy, confusing our dogs who usually bark at each other over the stream and wall. Each can come to the others garden without hindrance but they love the barking contest. Most folk with a Fender Stratocaster experiment with classical music at some point but in this instance, there is a perfect point to turn something ridiculous like Strauss into fun.

The lesson learned was to do this in the back garden. And only sit at the front coffee table with plenty of wine to enjoy the view.

 

It’s becoming a bit of a chore doing our FTSE for FRIDAY, simply due to the lack of realistic action emanating from London. A couple of years ago, a report from the Office for National Statistics revealed portfolio ownership of UK listed companies by Pension & Insurance funds had slipped from nearly 50% down to just 4.2% in 2022. The theory now circulating suggests international investors are not interested in UK shares, as UK institutional invests avoid them like the plague. It is certainly a theory worthy of consideration, one which is backed up by the number of companies fleeing a UK listing for the attraction of Wall St and an environment where share prices actually move meaningfully.

It’s said the majority of changes to the value of the FTSE this year are due to the value of companies replacing those leaving their UK listing behind. Without a doubt, something quite awful is going on and while our personal belief the UK’s trauma’s are a reflection of the UK’s incompetent political regime which has been happy to experience a future ruled by a complete monopoly, one which almost seems immune to any legal action by the FCA against those folks caught colouring outside the lines. However, from the start of December, the UK monopoly has awarded itself a new set of rules to work from, an initiative designed to reduce the number of companies fleeing London to set up home in foreign climates which actually value corporate initiative. Unfortunately, it’s being said the movement is too little, too late, and risks creating a UK FTSE where the bricks of the market shall prove to be made of hollow bamboo with shareholders given a reduced voice on major matters for a company future.

 

Our grump about the markets is obviously due to September wasting everyone’s’ time, the UK central bank dodging its opportunity to become useful and now, we’ve entered October with the organisation claiming it plans aggressive movement on interest rates until the year end. This panic statement tends concur with a suspicion the penny has finally dropped amongst governmental institutions that they’d dropped the ball, literally failing to favour the most important and valuable part of British industry, the Financial Sector.

Maybe it shall prove the case where October shall start to deliver some optimism, both due to forthcoming changes in FTSE rules and changes in UK interest rate policy. This being the case, it should be easy to identify early warning signs for happier days ahead with some genuine index movements.

Should this be the case, near term movement exceeding 8333 points should trigger market recovery to an initial 8367 points with our secondary, if bettered, at 8411 and a reasonable chance of some hesitation, due to historical highs. Market closure above 8411 shall be regarded as a big deal, entering a cycle where a visit to a longer term 8595 becomes possible.

 

If things plan going terribly wrong, below 8226 now risks promoting reversal to an initial 8119 with our secondary, if broken at7950

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:00:24PM BRENT 7787 7439 7358 7570 7800 7881 7651 ‘cess
11:02:21PM GOLD 2655.46 2638 2630 2650 2663 2668 2655 ‘cess
11:05:02PM FTSE 8276.5 8249 8209 8289 8325 8330 8296 Shambles
11:14:31PM STOX50 4915.7 4908 4892 4926 4985 5014 4950 ‘cess
11:21:18PM GERMANY 18996 18961 18933 19013 19113 19172 19022 ‘cess
11:24:21PM US500 5696 5676 5661 5696 5720 5741 5692
11:29:01PM DOW 41973 41846 41709 42004 42170 42278 41990 ‘cess
11:35:01PM NASDAQ 19778.7 19653 19614 19814 19915 19977 19797

 

3/10/2024 FTSE Closed at 8282 points. Change of -0.1%. Total value traded through LSE was: £ 5,406,589,998 a change of 0.25%
2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%

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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:CNA Centrica** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:MMAG Music Magpie** **LSE:PHP Primary Health** **LSE:STAR Star Energy** **

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Updated charts published on : AFC Energy, Aston Martin, Centrica, Firstgroup, HSBC, Music Magpie, Primary Health, Star Energy,

LSE:AFC AFC Energy. Close Mid-Price: 9.8 Percentage Change: + 0.00% Day High: 10.1 Day Low: 9.3

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LSE:AML Aston Martin Close Mid-Price: 104.9 Percentage Change: -3.32% Day High: 108.9 Day Low: 102.6

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LSE:CNA Centrica. Close Mid-Price: 116 Percentage Change: + 0.13% Day High: 117 Day Low: 113.9

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LSE:FGP Firstgroup Close Mid-Price: 139.2 Percentage Change: -1.00% Day High: 143.8 Day Low: 138.4

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LSE:HSBA HSBC. Close Mid-Price: 685 Percentage Change: + 1.33% Day High: 689.5 Day Low: 677

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LSE:MMAG Music Magpie. Close Mid-Price: 8.7 Percentage Change: + 0.46% Day High: 8.83 Day Low: 8.6

Target met. Further movement against Music Magpie ABOVE 8.83 should impro ……..

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LSE:PHP Primary Health. Close Mid-Price: 101.9 Percentage Change: + 1.09% Day High: 105.5 Day Low: 100.6

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LSE:STAR Star Energy Close Mid-Price: 6.97 Percentage Change: -2.11% Day High: 7 Day Low: 6.02

Target met. In the event Star Energy experiences weakness below 6.02 it c ……..

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

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BAE Systems Plc & JD Sports Fashion Plc, when sports fashion does battle…

LSE:BA. & LSE:JD. currently 1298p & 140p. #Gold #WallSt   In an almost funny phase of self flagellation, Tuesday evening was spent deciding whether to lead with BAE or JD Sports, both companies suddenly showing some interesting potentials. But the really difficult bit was attempting to figure out how to blend a close encounter with a new snowy owl into our efforts. Over the years, a massive snowy owl has been a regular visitor, reliably coming when I give a whistle. Tonight, the Golden Retrievers brain was exploding as she barked at “something” she had trapped in an ash tree. The dog regards a bird perched on the branches watching her as a win and this time, she was obviously at the top of the class.

Suddenly, something jumped out of the tree, dropping around 1 metre before opening its wings and taking flight. It was a small snowy owl, obviously trying hard not to damage its feathers in the close confines of the forest, making me suspect it was on a brand new flying licence. Perhaps it’s the case the monster owl has now become a parent and it was showing the young bird where the favourite places to annoy dogs were. But I’ve certainly never seen a bird jump out from a tree.

 

To start with JD Sports, their share price has followed the lesson from our little owl, throwing itself off a Blue downtrend which commenced back in 2021 is quite fascinating.  The extract on the chart below is of interest, the share price exuberantly exceeding the trend on 17th September, only to be smacked back into place the following day as if the market already knew it had a cunning plan for the days ahead.

The situation now suggests ongoing weakness below 138p risks promoting reversals down to an initial 118p with our secondary, if broken, an eventual bottom of 103p and hopefully a rebound.

If things intend turn positive, the share price now needs above 158p to hint at a trigger movement toward an initial 169p with our secondary, if beaten, at 174p and a need for us to revisit our calculations. Alas, for now we suspect it intends to drop, hopefully with a bottom at 103p as the market certainly appears to be enacting a secret scenario.

 

In a world without any shortage of regional conflicts, perhaps it’s the time to take a hard look at BAE Systems again. After all, should the USA go a little crazy following their Guy Fawkes Election on 5th November and not know who they are supposed to be selling weaponry to, surely any pause in US arms supply could be filled from the UK as our country hosts one of the largest weapon suppliers in the world. The only problem is the UK’s lack of available skilled workers for the defence industry, not really a surprise as they made many of them redundant while attempting to defend executive pay levels…

However, BAE is suddenly looking pretty interesting. Movement above just 1308 should now trigger price recovery to an initial 1330p with our longer term secondary, if beaten, at a future 1457p.

If trouble is planned, below 1221p risks triggering reversals to an initial 1166p with our secondary, if broken, at a potential bottom of 1070p.

For now, we think BAE Systems share price intends some gains.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:58:44PM BRENT 7463
11:04:58PM GOLD 2658.18 2644 2638 2626 2654 2662 2675 2692 2641
11:07:43PM FTSE 8274 ‘cess
11:18:04PM STOX50 4962.5
11:13:14PM GERMANY 19171 ‘cess
11:16:58PM US500 5717.8 ‘cess
11:21:15PM DOW 42227.3 41958 41856 41718 42086 42332 42450 42619 42222
11:23:48PM NASDAQ 19833.4
11:26:01PM JAPAN 38694

 

2/10/2024 FTSE Closed at 8290 points. Change of 0.17%. Total value traded through LSE was: £ 5,393,073,396 a change of -18.14%
1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%

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:AAL Anglo American** **LSE:AML Aston Martin** **LSE:AVCT Avacta** **LSE:EME Empyrean** **LSE:FGP Firstgroup** **LSE:MMAG Music Magpie** **

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Updated charts published on : Anglo American, Aston Martin, Avacta, Empyrean, Firstgroup, Music Magpie,

LSE:AAL Anglo American. Close Mid-Price: 2478 Percentage Change: + 1.43% Day High: 2492.5 Day Low: 2444

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LSE:AML Aston Martin Close Mid-Price: 108.5 Percentage Change: -7.42% Day High: 117.3 Day Low: 106.8

Target met. Weakness on Aston Martin below 106.8 will invariably lead to ……..

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LSE:AVCT Avacta Close Mid-Price: 44.2 Percentage Change: -1.78% Day High: 45.5 Day Low: 42

Target met. Continued weakness against AVCT taking the price below 42 cal ……..

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LSE:EME Empyrean Close Mid-Price: 0.25 Percentage Change: -7.41% Day High: 0.25 Day Low: 0.21

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LSE:FGP Firstgroup Close Mid-Price: 140.6 Percentage Change: -1.95% Day High: 144.3 Day Low: 140.1

If Firstgroup experiences continued weakness below 140.1, it will invaria ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 8.66 Percentage Change: + 50.61% Day High: 8.6 Day Low: 8.25

Target met. All Music Magpie needs are mid-price trades ABOVE 8.6 to impr ……..

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

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Mulberry Group Plc (LSE:MUL) currently 130

#Brent #Gold We’d a bit of a giggle earlier this year, a niece invited to an event in Monaco and in a complete panic about her wardrobe. She decided to design and make her own frock as such a task dovetailed neatly into her business. But she’d a major problem with the handbag, obviously a major choice when eating pizza in Monte Carlo. She begged my wife to lend her a white Mulberry bag, something allegedly valued around a silly £1,500. When my wife bought it from the window of a charity shop for £12, she simply thought it was a nice bag to have, just in case we ever attended something important. But our nieces were visiting last Xmas  and inspecting my wifes shoe and handbag collection, this white bag attracted immediate attention from one of the girls. Basically, she was about ready to place the bag on a pedestal and worship it, quite literally annoyed it was spending its time in a wardrobe.

Apparently there are things about a genuine Mulberry bag which are never replicated by the knock off market.

She didn’t want to borrow the bag to impress anyone, instead was experiencing a flurry of nerves she’d be socialising with folk who she felt would spot anything fake. Amusingly, reality proved quite different with her even admitting the provenance of the bag. And her frock design, based on a Roman Toga, became something of a joke due to her effectively torpedoing anyone else trying to show up in a similar dress with a theoretical cost of thousands. She was to spend the next week, getting very drunk with a bunch of new friends in some quite exotic locations, thankfully realising  people are interested in interesting people. But it can also be a bit freaky, when one of her “chums” arranges a private jet to a lunch at wherever. And on the bright side, her Disney Princess children’s party business now has a bunch of fangirls in exotic locations, all of whom really want access to her costume party wardrobe. Her company make their own dresses to match cartoon productions, ensuring each one of her staff is fitted with something which can be comfortable for 4 hours and beyond.

What’s especially funny about this brand name nonsense, my mother wouldn’t have dreamed of using any “wood” covers for her golf clubs which were not Mulberry. It’s doubtful any of her golfing pals were aware and when she expired, the golf clubs probably went to a charity shop somewhere in Inverness. Unfortunately, her collection included my own #1 Driver and a putter I’d spent a fortune on. Of course, when a close family member checks out, the imperative is to move on but I still miss that putter. I could drive to a green in a single shot, but was a terrible putter. My mum would get the a green in three shots, then take one or two putts. So of course, she “borrowed” my driver and putter with the intention of humiliating anyone sufficiently gullible to play against her. (She had an intimidating number of trophies) When she approached 90 years old, still playing 9 holes a day and usually on her own as folk learned not to challenge her. She left behind a collection of children, grand-children, and great-grandchildren, none of whom will willingly play golf. A personal memory is of her picking me up from school in November when the clocks had changed, so “we” could enjoy a game of golf at her snobby course before it got dark.

 

Anyway, with Mike Ashley being knocked back by Mulberry Plc for his attempt to make a cash offer for the group, we’ve had a few emails asking our opinion about the share price’ future prospects.

 

Currently, above 130 should trigger share price recovery to an initial 147 with our secondary, if beaten, calculating at a longer term 164p. Visually, such an ambition is quite a big deal, launching the share price into a zone where a longer term 349 is allegedly possible. We’re not inclined to hold our breath of such an ambition as the share just escaped from a zone with a bottom at -18p!

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:32:17PM BRENT 7445.5 7008 6866 6640 7335 7456 7680 7784 7241 Success
11:37:09PM GOLD 2660.85 2634 2617 2598 2646 2674 2682 2701 2654
11:44:29PM FTSE 8265.5 ‘cess
11:18:17PM STOX50 4945.7 Success
11:21:36PM GERMANY 19226.7 ‘cess
11:24:44PM US500 5705 ‘cess
11:27:32PM DOW 42086.3
11:30:53PM NASDAQ 19757 Shambles
11:34:48PM JAPAN 37965 Shambles

 

1/10/2024 FTSE Closed at 8276 points. Change of 0.49%. Total value traded through LSE was: £ 6,588,507,831 a change of -4.69%
30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%

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:AFC AFC Energy** **LSE:AVCT Avacta** **LSE:EXPN Experian** **LSE:PHP Primary Health** **LSE:STAR Star Energy** **LSE:TLW Tullow** **

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Updated charts published on : AFC Energy, Avacta, Experian, Primary Health, Star Energy, Tullow,

LSE:AFC AFC Energy Close Mid-Price: 10.3 Percentage Change: -13.45% Day High: 12 Day Low: 9.7

Target met. Continued weakness against AFC taking the price below 9.7 cal ……..

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LSE:AVCT Avacta Close Mid-Price: 45 Percentage Change: -8.16% Day High: 48.5 Day Low: 45

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LSE:EXPN Experian. Close Mid-Price: 3956 Percentage Change: + 0.64% Day High: 3978 Day Low: 3924

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LSE:PHP Primary Health. Close Mid-Price: 102.3 Percentage Change: + 0.29% Day High: 104.7 Day Low: 101.5

Target met. Further movement against Primary Health ABOVE 104.7 should im ……..

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LSE:STAR Star Energy Close Mid-Price: 6.56 Percentage Change: -10.75% Day High: 7 Day Low: 6.5

Target met. Weakness on Star Energy below 6.5 will invariably lead to 6p ……..

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LSE:TLW Tullow. Close Mid-Price: 22 Percentage Change: + 2.90% Day High: 22.22 Day Low: 21.04

If Tullow experiences continued weakness below 21.04, it will invariably ……..

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

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Fevertree Drinks Plc (LSE:FEVR) got any fizz?

#Gold #Germany  The unexpected can come from any direction. That’s why it’s unexpected! As per a domestic bad habit, we’d narrowed the choice of films to watch on Sunday evening to 2 titles, each of us selecting something we thought the other would watch. It’s that sort of marriage with a degree of comic hilarity, if manners call for one us to move aside for the other. Cutting a long story short, my wife chose “Deadpool and Wolverine” as the evening movie, I chose the relatively unknown “Mrs Harris Goes To Paris”. Our usual coin toss decider meant “Mrs Harris …” was selected to watch. After all, who wouldn’t want to watch a movie about a widowed cleaning lady going to Paris to buy a frock from Dior in the 1950’s?

The film was excellent and the animals, clearly recognising the mood in the room, kept quiet with no demands to go out to the garden.

Apparently, some of the film was based on an exaggerated true story, an incident which changed forever the way Christian Dior retailed their products. And with the witchcraft of movie production, an entertaining story followed and a film worth watching out for. Personally, as a Deadpool fanboy, usually I’d be a bit irritated but on this instance, there was surprising proof the UK can still make movies.

 

Unfortunately, Fevertree Drinks need the unexpected quite urgently. Perhaps their little glass bottles will step forward.  Thankfully bereft of the stupid EU rule demanding tags on plastic soft drink bottle caps (but oddly, not on milk containers), it certainly seems Fevertree need a change of fortunes, due to their sales proving flat during the first half of 2024. Invariably, the company blame the appalling weather we’ve been gifted this year for their rotten sales but as we’re now looking the party festive season in the eye, perhaps a change in fortunes may be possible.

Unfortunately, according to historical share price movements, we’re not enthusiastically looking for surprise recovery.

The current situation hints of movement below 770p triggering reversal to 727p and perhaps a bounce. The danger comes, if 727 breaks, calculates at 579p, again with a chance of a bounce but should 579 break, bottom almost must work out before an eventual 410p.

Should the share price ever decide to have fun, it needs close a session above just 854p to trigger recovery to an initial 908p with our secondary, if beaten, a visually sane 1072p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:09:13PM BRENT 7189.4 ‘cess
10:40:21PM GOLD 2634.16 2630 2621 2599 2644 2668 2676 2693 2643 ‘cess
10:52:07PM FTSE 8244.8 ‘cess
10:56:06PM STOX50 5005.1 Success
11:13:21PM GERMANY 19357.8 19233 19144 19027 19369 19497 19593 19794 19350
11:17:40PM US500 5748.9 Success
11:20:28PM DOW 42250.1 ‘cess
11:22:38PM NASDAQ 20010
12:50:53AM JAPAN 38183

 

30/09/2024 FTSE Closed at 8236 points. Change of -1.01%. Total value traded through LSE was: £ 6,912,406,295 a change of 9.55%
27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%

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…

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

Click Epic to jump to share: LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:GENL Genel** **LSE:IQE IQE** **LSE:TLW Tullow** **

********

Updated charts published on : Anglo American, Aston Martin, Avacta, BALFOUR BEATTY, Genel, IQE, Tullow,

LSE:AAL Anglo American Close Mid-Price: 2429 Percentage Change: -0.37% Day High: 2490.5 Day Low: 2406

Continued trades against AAL with a mid-price ABOVE 2490.5 should improve ……..

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LSE:AML Aston Martin Close Mid-Price: 120.4 Percentage Change: -24.51% Day High: 148 Day Low: 114.6

If Aston Martin experiences continued weakness below 114.6, it will invar ……..

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LSE:AVCT Avacta Close Mid-Price: 49 Percentage Change: -4.85% Day High: 52.5 Day Low: 45.5

If Avacta experiences continued weakness below 45.5, it will invariably l ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 430.8 Percentage Change: -1.37% Day High: 445.6 Day Low: 427.4

Continued trades against BBY with a mid-price ABOVE 445.6 should improve ……..

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LSE:GENL Genel Close Mid-Price: 69.2 Percentage Change: -7.36% Day High: 75 Day Low: 69.4

Target met. Weakness on Genel below 69.4 will invariably lead to 68p with ……..

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LSE:IQE IQE Close Mid-Price: 16.72 Percentage Change: -3.13% Day High: 17.32 Day Low: 16.4

Target met. In the event IQE experiences weakness below 16p it calculates ……..

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LSE:TLW Tullow Close Mid-Price: 21.38 Percentage Change: -4.98% Day High: 23.16 Day Low: 21.36

Target met. Continued weakness against TLW taking the price below 21.36 c ……..

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

Posted on

Natwest Group (LSE:NWG) currently 346.4, a happy share???

#Brent #SP500 We’ve mentioned our chum before, someone who works at a pretty senior level for one of the UK’s main retailers. Her particular “bag” is being where the buck stops eventually, when a customer complaint cannot be dealt with by AI, their call centres in India, or finally, their folk in the UK who handle the difficult stuff, along with any well written email problems. Her visit this weekend gave us a funny story, the sort of thing “Readers Digest” used to have a page for and ensured she gets to skip a turn, when buying our Saturday Chinese takeaways here in Argyll.

The email in question was pretty straightforward, a customer writing in to complain about a company employee punching her car hard and forcing her to stop. She freely admitted she’d been reversing over a clearly marked pedestrian crossing and couldn’t see clearly, because of her pile of shopping obscuring her view of people on the crossing. But this didn’t justify the employee thumping her car to avoid being run over. She then complained to the store manager who advised she email the company, an act of utter genius in ducking a problem. The eventual email bounced around the company before finally being dumped at “Executive Level”, obviously due to no-one have the guts to be blunt!

Our chum decided to exaggerate the incident slightly, crafting an email which implied the staff member hadn’t taken legal action due to the lack of video evidence. But as the customers email admitted what had really happened, this recourse was now open. But as a gesture of goodwill, the customer could now regard themselves as banned from that particular store.

 

We’re a little worried at the possibility we may be behaving like the “reversing moron” referred to above as there’s a chance we may be ignoring something fairly obvious against Natwest, a share notorious for failing to grab opportunity when it comes along. What caught our attention was a series of share price movements at the end of July (shown on insert), when for 4 sessions it began to appear possible the share price was reacting to an absurd trend line which dates back to 2007. If this is indeed the case, there’s a pretty strong argument suggesting we pay close attention to any break of this trend, due to the unthinkable chance this retail bank may actually start to do something useful. Then again, to judge by political gossip, there seems an imminent chance of yet another political upheaval in the UK as the current administration are accused of looking at the days of Boris or Truss then saying “hold my beer”… According to rumour, it’s difficult to walk Downing St without tripping over a legal Super Injunction and NDA’s.

Currently, for Natwest, above 355p should break trend, potentially triggering a lift to an initial 376p with our secondary, if exceeded, calculating at 452p or perhaps even 475p, thanks to the effect of quite a few price manipulation gaps at the open of trade this year. To trash the opportunity, the share need only slither below 324p (if the movement triggers), leading to a favourable stop loss level.

Below 324p risks being slightly dangerous, working out with an initial drop target of 292p with our secondary, if broken, at 235p and hopefully yet another bounce as the share once again attempts to storm the future!

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
11:38:58PM BRENT 7199 7056 6955 6768 7180 7202 7268 7348 7110
11:40:42PM GOLD 2657 2644 2637 2621 2657 2685 2701 2711 2668
11:44:40PM FTSE 8298 8261 8243 8212 8316 8336 8348 8398 8312
11:49:47PM STOX50 5048.3 5026 5017 4999 5052 5073 5108 5237 5035
11:57:29PM GERMANY 19395.9 19236 19139 19022 19423 19490 19552 19748 19420
12:04:01AM US500 5730.2 5726 5717 5701 5740 5765 5792 5928 5730
1:38:00AM DOW 42268 42136 41942 41712 42251 42632 42817 43335 42364
1:40:22AM NASDAQ 19973.6 19952 19824 19659 20089 20319 20353 20410 20052
1:42:59AM JAPAN 37364 37837 36785 35733 38010 39941 40884 42803 38833

 

27/09/2024 FTSE Closed at 8320 points. Change of 0.43%. Total value traded through LSE was: £ 6,309,682,763 a change of -12.79%
26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%

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:AAL Anglo American** **LSE:DGE Diageo** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Anglo American, Diageo, British Airways, Intertek, Standard Chartered,

LSE:AAL Anglo American Close Mid-Price: 2438 Percentage Change: -0.06% Day High: 2464 Day Low: 2418.5

All Anglo American needs are mid-price trades ABOVE 2464 to improve accel ……..

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LSE:DGE Diageo. Close Mid-Price: 2653 Percentage Change: + 1.47% Day High: 2659.5 Day Low: 2615.5

In the event of Diageo enjoying further trades beyond 2659.5, the share s ……..

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LSE:IAG British Airways. Close Mid-Price: 212.3 Percentage Change: + 2.02% Day High: 211.9 Day Low: 207.6

Continued trades against IAG with a mid-price ABOVE 211.9 should improve ……..

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LSE:ITRK Intertek. Close Mid-Price: 5240 Percentage Change: + 0.96% Day High: 5235 Day Low: 5125

Target met. Continued trades against ITRK with a mid-price ABOVE 5235 sho ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 807.4 Percentage Change: + 0.47% Day High: 811.8 Day Low: 795.4

In the event of Standard Chartered enjoying further trades beyond 811.8, ……..

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

Posted on

Our super popular FTSE for FRIDAY (FTSE:UKX)

#FTSE #Gold  The concept of animals keeping pets is something which frankly never crossed my mind. But the other day, when doing the dog walk, a crow “cawed” at me with Penny, the Golden Retriever, immediately giving it a couple of barks. Looking at the bird, it had a white patch on one side, very similar to one of our back garden crows called Cheryl. Today, while working outside, a crow flew low overhead, made some crow noises, and Penny responded with a couple of barks. The crow, once again, was the one with a white patch and the question now is fairly simple. Does Penny have a pet crow or, does Cheryl have a pet dog? Or are they just friends, perhaps due to the time Cheryl flew into a telephone line and hurt her wing. Rather than attack, the dog ran to the house barking and I found myself on the phone to the vet for advice. I’d to keep an eye on the bird for a couple of hours and if it didn’t fly off, take it to the vet. During the entire time, the dog remained on the lawn and chose to ignore the crows mate (Russell) which was bouncing around on the lawn. Needless to say, at some point Cheryl flew off but since, the two birds have been regular visitors to the garden to deliberately annoy the dog by patrolling outside the patio doors until we let her out. At that point, they fly onto the wall, communing silently with the dog.

Animals can be strange but the purpose of this story is to highlight our frustration with the FTSE and its lack of action.

It’s getting to the stage where we feel if we ever decide to dodge watching the UK FTSE for a day, something might actually happen with the market rather than the series of pretend movements we’ve been seeing during September. What’s a bit of a surprise has been the level of financial traffic through London with Thursday producing the 2nd highest financial day of the month.

 

Our obvious frustration due to the UK index being poised to head upward, yet failing to do so, makes us feel we should routinely be wearing a tinfoil hat as it’s becoming nearly impossible to figure out any logic behind the UK markets intransigence. Perhaps it may be the case the market is waiting until the current UK Prime Minister resigns or maybe the US elects a proper president. Then again, it could just be a delay until we can finally say goodbye to September, traditionally a pretty foul month.

If any miracle intends happening, near term above 8306 points should trigger movement to an initial 8345 points with our secondary, if bettered, calculating at 8390 points. If triggered, the tightest stop loss level looks like 8264 points.

Our alternate scenario, if everything decides to go wrong, below 8250 looks capable of provoking trouble, giving an initial drop target at 8218 points with our secondary, if broken, working out at 8183 points.

 

Thankfully, we’re facing a weekend without a Grand Prix as the last one from Singapore made switching to watch yet another repeat of Tipping Point a viable ambition. Something seems to be going very wrong with Formula1, my wife already choosing to avoid watching it and personally I’m getting close. The rot set in, when they cheated Louis Hamilton out of the world championship, arguably for the 2nd time, as many people believe he should be a 9 times world champion, rather than tying with Mike Schumacher at 7 championships.

Have a good weekend.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:17:57PM BRENT 7089 7030 6949 7182 7202 7237 7080 Success
10:21:12PM GOLD 2671.96 2655 2643 2669 2686 2695 2663 Success
10:23:48PM FTSE 8279.6 8262 8239 8302 8333 8352 8296 ‘cess
10:26:55PM STOX50 5038.5 4994 4976 5016 5049 5055 5008 Success
10:29:53PM GERMANY 19277.8 19105 19040 19172 19298 19336 19111 Success
10:32:44PM US500 5746.1 5730 5720 5740 5774 5793 5710 Success
10:36:50PM DOW 42170 41845 41668 42007 42225 42343 42025
10:40:23PM NASDAQ 20122.1 19965 19867 20103 20317 20454 20182 Success
10:45:59PM JAPAN 39562 39000 38907 39227 39628 39808 39396 ‘cess

 

26/09/2024 FTSE Closed at 8284 points. Change of 0.19%. Total value traded through LSE was: £ 7,235,455,984 a change of 30.14%
25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%

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:AAL Anglo American** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:MKS Marks and Spencer** **LSE:PHP Primary Health** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Anglo American, Avacta, BALFOUR BEATTY, BP PLC, British Telecom, Diageo, Experian, Gulf Keystone, Hikma, Intertek, Just Eat, Marks and Spencer, Primary Health, Rolls Royce, Standard Chartered,

LSE:AAL Anglo American. Close Mid-Price: 2439.5 Percentage Change: + 6.16% Day High: 2452 Day Low: 2363

Further movement against Anglo American ABOVE 2452 should improve acceler ……..

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LSE:AVCT Avacta Close Mid-Price: 49.5 Percentage Change: -1.98% Day High: 53.5 Day Low: 48

Target met. In the event Avacta experiences weakness below 48 it calculat ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 437.4 Percentage Change: + 1.72% Day High: 441 Day Low: 432.4

Target met. All BALFOUR BEATTY needs are mid-price trades ABOVE 441 to im ……..

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LSE:BP. BP PLC Close Mid-Price: 383.85 Percentage Change: -4.10% Day High: 387 Day Low: 379.75

Target met. If BP PLC experiences continued weakness below 379.75, it wil ……..

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LSE:BT.A British Telecom Close Mid-Price: 149.3 Percentage Change: -0.73% Day High: 152.15 Day Low: 148.7

All British Telecom needs are mid-price trades ABOVE 152.15 to improve ac ……..

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LSE:DGE Diageo. Close Mid-Price: 2614.5 Percentage Change: + 4.68% Day High: 2635 Day Low: 2548.5

Target met. Continued trades against DGE with a mid-price ABOVE 2635 shou ……..

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LSE:EXPN Experian. Close Mid-Price: 3906 Percentage Change: + 1.06% Day High: 3965 Day Low: 3898

Target met. Continued trades against EXPN with a mid-price ABOVE 3965 sho ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 113 Percentage Change: -0.44% Day High: 114.8 Day Low: 111

Weakness on Gulf Keystone below 111 will invariably lead to 105p with sec ……..

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LSE:HIK Hikma. Close Mid-Price: 1877 Percentage Change: + 0.54% Day High: 1891 Day Low: 1859

If Hikma experiences continued weakness below 1859, it will invariably le ……..

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LSE:ITRK Intertek. Close Mid-Price: 5190 Percentage Change: + 0.97% Day High: 5225 Day Low: 5175

All Intertek needs are mid-price trades ABOVE 5225 to improve acceleratio ……..

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LSE:JET Just Eat. Close Mid-Price: 1136 Percentage Change: + 1.43% Day High: 1170 Day Low: 1140

Target met. Further movement against Just Eat ABOVE 1170 should improve a ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 374 Percentage Change: -0.64% Day High: 380 Day Low: 373.6

In the event of Marks and Spencer enjoying further trades beyond 380, the ……..

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LSE:PHP Primary Health. Close Mid-Price: 101.8 Percentage Change: + 0.39% Day High: 103 Day Low: 101.5

Continued trades against PHP with a mid-price ABOVE 103 should improve th ……..

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LSE:RR. Rolls Royce Close Mid-Price: 526.8 Percentage Change: -0.94% Day High: 535 Day Low: 525.8

In the event of Rolls Royce enjoying further trades beyond 535, the share ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 803.6 Percentage Change: + 5.29% Day High: 807.2 Day Low: 776

Continued trades against STAN with a mid-price ABOVE 807.2 should improve ……..

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

Posted on

EasyJet looking ready to take-off…

#Gold #Nasdaq Traditionally when discussing airlines, we focus on a particular horror story provided by many airlines. We’ve never told our Ryanair story but will admit we’d walk rather than give money to that airline. EasyJet has only provided a single serious fright, when we found ourselves skidding down Bristol Airports runway while aboard a landing 737. The words of the pilot commanding “Brace Brace Brace” felt like they’d be the last words we’d hear. When the thing stopped, passengers were bussed to the terminal building while professionals wandered around the jet, looking closely at the undercarriage.

It was all very exciting, many passengers embarrassed to discover they were holding hands with a total stranger.

 

The Travel and Leisure sector of the UK market is now looking interesting, the sector literally on the cusp of providing some reasonable gains. Presently bouncing around the 7943 point level, the sector only needs close a session above 7972 to suggest happier times may be ahead as a cycle toward 8822 points should commence. Our longer term secondary calculates at 9167 points, a price level at which some hesitation is anticipated but with closure above such a level, the travel sector should intend challenging the high above 10000 points, prior to Covid-19 trashing the sector from 2020 onwards. It remains a surprise the boss of RyanAir hasn’t yet figured out a way of flying illegal immigrants into Dublin to create a new income stream for the airline…

 

For EasyJet, their share price has been moving slightly ahead of the Travel Sector index and the pause in share price movements over the last 7 sessions tends provide quite a lot of hope for forthcoming positive movement. Currently, above 528p should trigger movements to an initial 540 with our secondary, if bettered, at 687p. The visuals on the chart below indicate quite a strong potential for future hesitation at the 687p level, given historical share price movements since 2022. In our experience, only once the share price closes above such a level dare we accept future strong movement should occur.

Our converse scenario triggers with share price movement below 473, allowing for reversals to an initial 446 with our secondary, if broken, at 411p and a potential bottom. However, overall we’re inclined toward optimism here.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:03:57PM BRENT 7302.2 Success
11:24:11PM GOLD 2656.72 2650 2641 2631 2661 2668 2671 2678 2654
11:33:11PM FTSE 8264.1
11:26:33PM STOX50 4913.6
11:29:35PM GERMANY 18927
11:33:56PM US500 5726
11:39:58PM DOW 41898.5 Shambles
11:43:46PM NASDAQ 20026.3 19842 19747 19646 19953 20047 20081 20196 19982
11:46:20PM JAPAN 38381 37838 37633 37379 38228 38403 38531 38808 38188 Success

 

25/09/2024 FTSE Closed at 8268 points. Change of -0.17%. Total value traded through LSE was: £ 5,559,537,162 a change of 3.34%
24/09/2024 FTSE Closed at 8282 points. Change of 0.28%. Total value traded through LSE was: £ 5,379,835,021 a change of 25.1%
23/09/2024 FTSE Closed at 8259 points. Change of 0.35%. Total value traded through LSE was: £ 4,300,418,012 a change of -66.74%
20/09/2024 FTSE Closed at 8230 points. Change of -1.18%. Total value traded through LSE was: £ 12,930,077,535 a change of 99.09%
19/09/2024 FTSE Closed at 8328 points. Change of 0.91%. Total value traded through LSE was: £ 6,494,685,893 a change of -5.91%
18/09/2024 FTSE Closed at 8253 points. Change of -0.67%. Total value traded through LSE was: £ 6,902,679,441 a change of 22.65%
17/09/2024 FTSE Closed at 8309 points. Change of 0.37%. Total value traded through LSE was: £ 5,628,109,018 a change of 50.11%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BT.A British Telecom** **LSE:HIK Hikma** **LSE:ITRK Intertek** **

********

Updated charts published on : Avacta, British Telecom, Hikma, Intertek,

LSE:AVCT Avacta Close Mid-Price: 50.5 Percentage Change: -6.48% Day High: 53.5 Day Low: 49.5

Target met. Continued weakness against AVCT taking the price below 49.5 c ……..

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LSE:BT.A British Telecom. Close Mid-Price: 150.4 Percentage Change: + 0.57% Day High: 151.95 Day Low: 148.65

Further movement against British Telecom ABOVE 151.95 should improve acce ……..

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LSE:HIK Hikma. Close Mid-Price: 1867 Percentage Change: + 0.32% Day High: 1880 Day Low: 1840

In the event Hikma experiences weakness below 1840 it calculates with a d ……..

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LSE:ITRK Intertek. Close Mid-Price: 5140 Percentage Change: + 0.19% Day High: 5175 Day Low: 5100

Target met. In the event of Intertek enjoying further trades beyond 5175, ……..

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