Trends And Targets

#Gold #WallSt  For rather a long time, I’d assumed Man Group were something to do with a Norwich company who made big trucks, along with a strong pedigree in aircraft and automobiles. It was a bit of a surprise to discover the word Mann at the front of lorries actually employed two N’s in the name, whereas LSE listed Man Group were actually formed by a man called Man in 1783. A quite amazing statistic is, aside from their diversification into Financial Services, the company supplied the Royal Navy with rum for its daily Rum Ration, from 1784 until 1970 without interruption.

They’ve obviously been around the block, surviving 201 years beyond the founders death in 1823!

Their share price hasn’t been achieving anything of great interest but recent price movements in relation to the downtrend since 2008 are perhaps of note, maybe even indicative of happier days ahead without being forced to partake a shot of rum.

 

Currently, above 280p should trigger a change in fortunes, calculating with the potential of a lift to an initial 293p with our secondary, if exceeded, working out at a longer term 350p. Unusually, and something worth watching for with this particular share, will be closure above 283p signalling the share price closing above the circled high which comprises part of the 2008 downtrend. This shall be regarded as quite a big deal for the long term, indicating the share price has eased a toe over the starting line for long term recovery where a distant (and impossible looking) 551p calculates as possible. Perhaps it’s not as unlikely as we’re suggesting, given the company claim to be trading in over 800 markets around the world. We already know most of them are nothing like the FTSE…

 

If things intend go wrong, we’d regard weakness below 252p as troubling, risking promoting reversal to an initial 240p with secondary, if broken, at 227p.

 

 

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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
9:38:26PM	BRENT	8987									‘cess
9:41:45PM	GOLD	2380.4	2328	2316	2292	2361	2390	2405	2416	2365
9:45:10PM	FTSE	7900.6									Success
9:49:07PM	STOX50	4932.9									Success
9:59:55PM	GERMANY	17864.2
10:30:26PM	US500	5057.9									Success
10:32:56PM	DOW	37731	37660	37649	37403	37804	38047	38180	38353	37953	Shambles
10:39:52PM	NASDAQ	17701									Success
10:42:01PM	JAPAN	38675									Success

 

15/04/2024 FTSE Closed at 7965 points. Change of -0.38%. Total value traded through LSE was: £ 4,817,927,674 a change of -11.37%

12/04/2024 FTSE Closed at 7995 points. Change of 0.91%. Total value traded through LSE was: £ 5,435,726,241 a change of -8.93%

11/04/2024 FTSE Closed at 7923 points. Change of -0.48%. Total value traded through LSE was: £ 5,968,969,501 a change of -30.54%

10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%

9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%

8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%

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:CCL Carnival** **LSE:ECO ECO (Atlantic) O & G** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

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Updated charts published on : Carnival, ECO (Atlantic) O & G, IQE, Ocado Plc, Tern Plc, Tullow,

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LSE:CCL Carnival Close Mid-Price: 1035 Percentage Change: -0.10% Day High: 1062.5 Day Low: 1026.5

Weakness on Carnival below 1026.5 will invariably lead to 964p with secon ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 8.16 Percentage Change: -7.80% Day High: 8.65 Day Low: 7.85

Weakness on ECO (Atlantic) O & G below 7.85 will invariably lead to 7.4p ……..

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LSE:IQE IQE. Close Mid-Price: 31.9 Percentage Change: + 10.57% Day High: 32.55 Day Low: 27.65

Target met. Continued trades against IQE with a mid-price ABOVE 32.55 sho ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 363.9 Percentage Change: + 2.02% Day High: 361.8 Day Low: 348.8

If Ocado Plc experiences continued weakness below 348.8, it will invariab ……..

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LSE:TERN Tern Plc. Close Mid-Price: 2.9 Percentage Change: + 7.41% Day High: 2.95 Day Low: 2.65

This now needs above 3.85 to hopefully produce recovery to an initial 4.88 ……..

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LSE:TLW Tullow Close Mid-Price: 36.14 Percentage Change: -4.34% Day High: 38.8 Day Low: 35.14

All Tullow needs are mid-price trades ABOVE 38.8 to improve acceleration ……..

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

#Brent #Dax  Folk who stay in cities may have trouble with this but, in the countryside, we do not have rat problems. Except for rumours of rats which can be quite scary sounding, usually due to sightings by outsiders. Locally in our bit of Argyll, stories of super large rats abound, quite a puzzle due to food typically not lying around. On Friday, I watched one of these superman rats walking along our patio before vanishing below the “lawnmower” ramp which leads up to the back garden.

There was a problem with this particular rat.

If was roughly the size of a large domestic cat but had short legs, along with a fairly bushy tail. In fact, this looked like the sort of animal folk would cuddle, a category rats do not fall into. Except for folk who keep rats, perhaps similar with a strange human psyche which sometimes even votes for Green or LibDem… A few minutes on Google revealed the identity of our garden rat. It was a Pine Marten, fairly rare and belonging to a colour scheme which has been driving me crackers since January, when I first saw one. My most recent view was from the rear, a bushy tail in evidence but totally unlike a squirrel.

It transpires Pine Martens are fairly aggressive carnivore,  this explaining a few remnants found in the long grass. It seems they do not differentiate between rats, mice, squirrel, wood pigeon or voles, when visiting our garden takeaway.

It’s quite strange, how personally I am happy to use an Infrared Sight when searching for rodents but abhor the concept of shooting any other animal. Why is a Pine Marten cuddly, while a mouse or rat isn’t? Pine Marten look cute, look friendly, looking like they should audition for Insurance TV commercials’ in place of Meerkats. To be honest, we are quite pleased to have an invasion of Pine Marten, Red Squirrel, and that dodgy Red Squirrel we call Billy, after Billy Idol. It has a black coat, a red Mohican, and a white face, spending an absurd number of years falling out with other Squirrel. It once ran up my body, jumping off my left shoulder to a tree, while making a getaway from a furious Red ‘proper’ Squirrel.

 

Identifying a rare animal was about as pleasing as NatWest doing something useful to the share price. The recent visit to 278p met our initial target from our analysis three weeks ago and it still looks dangerously encouraging, most investors assuming their share price will behave like a cornered animal but to judge by some big picture moves, things could be interesting. Optimism remains present, due to the price managing to actually close (very slightly) above our 278p target level on four occasions.  It’s now the case where above 281p calculates as capable of an initial 295p with our secondary, if bettered, now working out at a game changing 315p

Share price closure around the 315p level shall prove to be critical for the longer term, due to Big Picture calculations entering the picture.  To cut a long and boring story short, we shall be forced to regard a long term 465p as exerting a magnetic attraction for the future.

If things intend go wrong, below 237p shall be viewed as troublesome, suggesting coming reversal to 218 with our secondary, if broken, a hopeful bottom at 197p.

 

 

 

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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
6:21:34PM	BRENT	8973	8978	8879	8780	9050	9082	9196	9312	8980
6:23:40PM	GOLD	2343.57								2347
11:07:14PM	FTSE	7931.3								7940
11:09:27PM	STOX50	4933								4938
11:12:18PM	GERMANY	17865	17833	17781	17654	17896	17952	17990	18042	17846
11:15:02PM	US500	5134.4								5134
11:16:57PM	DOW	38034								38040
11:22:53PM	NASDAQ	18028								18022
11:25:15PM	JAPAN	39033								39001

 

12/04/2024 FTSE Closed at 7995 points. Change of 0.91%. Total value traded through LSE was: £ 5,435,726,241 a change of -8.93%

11/04/2024 FTSE Closed at 7923 points. Change of -0.48%. Total value traded through LSE was: £ 5,968,969,501 a change of -30.54%

10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%

9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%

8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%

4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%

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:AAL Anglo American** **LSE:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:TLW Tullow** **

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Updated charts published on : Anglo American, AFC Energy, Astrazeneca, BP PLC, Carnival, Centamin, Fresnillo, Glencore Xstra, IQE, Ocado Plc, Tullow,

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LSE:AAL Anglo American. Close Mid-Price: 2201.5 Percentage Change: + 3.67% Day High: 2240.5 Day Low: 2162

Continued trades against AAL with a mid-price ABOVE 2240.5 should improve ……..

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LSE:AFC AFC Energy Close Mid-Price: 19.7 Percentage Change: -0.20% Day High: 20.5 Day Low: 18.44

Target met. In the event of AFC Energy enjoying further trades beyond 20. ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 11064 Percentage Change: + 0.93% Day High: 11184 Day Low: 10962

Target met. Continued trades against AZN with a mid-price ABOVE 11184 sho ……..

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LSE:BP. BP PLC. Close Mid-Price: 539.1 Percentage Change: + 3.67% Day High: 540.9 Day Low: 528.1

Target met. Continued trades against BP. with a mid-price ABOVE 540.9 sho ……..

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LSE:CCL Carnival Close Mid-Price: 1036 Percentage Change: -2.49% Day High: 1077.5 Day Low: 1036

If Carnival experiences continued weakness below 1036, it will invariably ……..

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LSE:CEY Centamin. Close Mid-Price: 130.3 Percentage Change: + 1.88% Day High: 132.8 Day Low: 129.5

Target met. Continued trades against CEY with a mid-price ABOVE 132.8 sho ……..

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LSE:FRES Fresnillo. Close Mid-Price: 622.5 Percentage Change: + 7.61% Day High: 623.5 Day Low: 603.5

Further movement against Fresnillo ABOVE 623.5 should improve acceleratio ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 485.7 Percentage Change: + 5.10% Day High: 488.2 Day Low: 467.9

All Glencore Xstra needs are mid-price trades ABOVE 488.2 to improve acce ……..

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LSE:IQE IQE. Close Mid-Price: 28.85 Percentage Change: + 1.41% Day High: 31.1 Day Low: 27.45

Target met. All IQE needs are mid-price trades ABOVE 31.1 to improve acce ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 356.7 Percentage Change: -3.62% Day High: 375.3 Day Low: 356

In the event Ocado Plc experiences weakness below 356 it calculates with ……..

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LSE:TLW Tullow. Close Mid-Price: 37.78 Percentage Change: + 5.00% Day High: 38.56 Day Low: 35.98

Target Met. Now above 36 should prove capable of a lift to an initial 42.3 ……..

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

#FTSE #BloodyRain  We often whinge about the weather here in Argyll while viewing the mountain in the back garden and glowering at the sea to the front. The choice of what feels like almost constant misery from rain has been self inflicted, because once every 100 days, we might be forced to survive good weather. It shouldn’t really have come as a surprise, when the Met Office issued league tables, awarding Argyll a wet sponge due to it being the wettest region of the UK with 90 inches of rain expected every year. The next area in the tables was 12% drier than Argyll!

This year, we suspect records are being broken, the constant rainfall becoming almost biblical. The next person who says “There’s no such thing as bad weather, just the wrong clothes” risks a serious riposte, due to the length of time it takes for boots and “waterproof” jackets to dry. Some bloke has even built the framework of an Ark five hundred feet up a hill locally. While the view is breathtaking (on a dry day), the reality isn’t really worth viewing close up, due to wood joints becoming quite boring very quickly. He obviously didn’t risk putting a body on the framework as it’s certain the wind would deposit the thing quite a few miles away. When our garden shed was blown away in January, we never recovered all of it, suspecting there’s a tree in the forest sporting a very unusual hat.

What has this whine got to do with the Stock Market.

 

Very little, and everything, obviously.

 

Emotion is dangerous when reviewing the markets and shares. Over the years, it became apparent we’d be more inclined to take a positive view of an instrument, if the weather outside was nice, the grass cut, the hedges flowering, and the sea calm. It became a joke in-house, expecting a miserable outlook against something, simply due to the racket emanating from the garden waterfall as it evacuated dozens of Olympic sized swimming pools of rainwater every hour. This, one of the stupid forms of measurement, akin to the several “Football fields” gold standard of nonsense, irritates as most folk haven’t seen an Olympic sized pool and some (guilty) also have never seen a football. field.

Returning to real life, it has obviously been raining again but we’re making an effort to provide an optimistic view for the FTSE.

Since 25th March, the FTSE has chosen to pause its climb, stalling at the 8000 point level, perhaps an attempt to convince traders a solid ceiling exists. Historically, this sort of pause tests last (we suspect) until sufficient orders for Short positions have been placed. One day, in a “shocking surprise”, the index may perhaps spike downward at the open, triggering all the short positions, then heading upwards in the face of all logic. Currently, our inclination is against panic on the FTSE unless the index somehow wanders below 7832 points as this is liable to trigger some real dramatics with 7779 as our initial drop target with secondary, if broken, at 7752 points and hopefully a rebound. If triggered, the tightest stop is quite attractive at 7882 points but probably could be a lot tighter.

 

However, despite the weather, our inclination is to take a more positive stance rather than stroll around in the current miasma of misery. As a result, we hope above 7965 shall trigger market recovery to an initial 8033 points with our secondary, if bettered, now at 8110 points. If triggered, the tightest stop looks like 7918 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
9:23:06PM	BRENT	8981.9	8900	8866		8958	9052	9081		8996
9:28:25PM	GOLD	2375.55	2332	2314		2348	2377	2382		2361	Success
9:32:27PM	FTSE	7943.9	7887	7875		7909	7961	7989		7937	‘cess
9:35:30PM	STOX50	4994.9	4932	4895		4981	5011	5020		4988	‘cess
9:39:16PM	GERMANY	18044.3	17860	17760		17998	18085	18134		18015	‘cess
9:41:59PM	US500	5198.7	5163	5124		5213	5208	5218		5195	Success
9:45:05PM	DOW	38477.5	38200	38020		38411	38606	38644		38454	Shambles
9:50:43PM	NASDAQ	18306.7	17997	17926		18112	18337	19436		18177	Success
10:04:51PM	JAPAN	39659	39326	39201		39420	39698	39788		39615	Success

 

11/04/2024 FTSE Closed at 7923 points. Change of -0.48%. Total value traded through LSE was: £ 5,968,969,501 a change of -30.54%

10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%

9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%

8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%

4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%

3/04/2024 FTSE Closed at 7937 points. Change of -100%. Total value traded through LSE was: £ 6,056,901,297 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…

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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:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:IQE IQE** **

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Updated charts published on : AFC Energy, Astrazeneca, BP PLC, Carclo, Centamin, IQE,

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LSE:AFC AFC Energy. Close Mid-Price: 19.74 Percentage Change: + 3.89% Day High: 19.84 Day Low: 18.98

Further movement against AFC Energy ABOVE 19.84 should improve accelerati ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 10962 Percentage Change: + 2.14% Day High: 11092 Day Low: 10816

All Astrazeneca needs are mid-price trades ABOVE 11092 to improve acceler ……..

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LSE:BP. BP PLC Close Mid-Price: 520 Percentage Change: -0.02% Day High: 531.5 Day Low: 518.4

All BP PLC needs are mid-price trades ABOVE 531.5 to improve acceleration ……..

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LSE:CAR Carclo Close Mid-Price: 6.92 Percentage Change: -4.48% Day High: 0 Day Low: 0

If Carclo experiences continued weakness below 6.92, it will invariably l ……..

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LSE:CEY Centamin. Close Mid-Price: 127.9 Percentage Change: + 2.32% Day High: 128.3 Day Low: 124.4

All Centamin needs are mid-price trades ABOVE 128.3 to improve accelerati ……..

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LSE:IQE IQE. Close Mid-Price: 28.45 Percentage Change: + 10.49% Day High: 28.45 Day Low: 25.6

Further movement against IQE ABOVE 28.45 should improve acceleration towa ……..

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

#Gold #S&P500  We’re stalking a few bounce-back stocks, shares where the price should logically improve as the grim days of Lockdown recede to a distant memory, folk losing their fear of being trapped in a flying test tube full of germs…  IAG (British Airways) is one such share, the price cheerfully at (adjusted due to share rights issue) 440p before the pandemic kicked industry in the teeth.

The share price is starting to show early signs of coming awake, makes us wonder if it’s going to be one of the prices which proves capable of making some sort of attempt at pre-pandemic levels. To be fair, we’d anticipated the Travel and Holiday sectors to move rather faster than has been shown, even Food and Clothing proving earlier on the steps for recovery. However, with jet engine maker Rolls Royce soaring substantially higher than their pre-pandemic price level of 240p and currently just over 4 quid, we’re inclined to attach some hope for the airline sector playing catchup at some point, perhaps fairly soon. IAG’s share price is now trading higher than any level since 2021 and has also broken through the solid Blue downtrend since 2021, in addition to breaking above a less certain downtrend since 2020.

 

Visually, it certainly seems we may have a point, though some patience may be required due to British Airways inherent lack of speed when gaining altitude. On the Glasgow/London run, it was once the case where the cabin staff had time to offer a 2nd cup of undrinkable coffee whereas nowadays, the seat belts light goes out for long enough to serve food and drinks, then back on for a lazy descent into the 3rd world hell which is Heathrow.

 

Near term, we’re inclined to view 185p as the next major trigger level, due to movement above such a point calculating with the potential of a lift to an initial 215p with our secondary, if bettered, a rather more cheerful 284p. For the long term, we shall take closure above 284p as showing a degree of commitment, perhaps a solid first step on a path to a future 573p and a challenge against the share price highs pre-pandemic.

As usual, we can hope. To justify panic, below 158p will justify deployment of emergency exit ramps.

 

 

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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
9:38:00PM	BRENT	9003
9:40:44PM	GOLD	2331.66	2319	2308	2289	2334	2353	2359	2372	2332	Success
9:43:19PM	FTSE	7964									‘cess
9:46:17PM	STOX50	4986.5									‘cess
9:50:53PM	GERMANY	18067									Shambles
10:03:12PM	US500	5156	5130	5104	5060	5160	5180	5191	5212	5154	Shambles
10:06:01PM	DOW	38433.5									Shambles
10:08:45PM	NASDAQ	18008.3
10:11:17PM	JAPAN	39087									‘cess

 

10/04/2024 FTSE Closed at 7961 points. Change of 0.34%. Total value traded through LSE was: £ 8,593,583,138 a change of 30.85%

9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%

8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%

4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%

3/04/2024 FTSE Closed at 7937 points. Change of -100%. Total value traded through LSE was: £ 6,056,901,297 a change of 0%

2/04/2024 FTSE Closed at 7935 points. Change of 0%. Total value traded through LSE was: £ 6,396,592,284 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:AAL Anglo American** **LSE:BP. BP PLC** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:SDY Speedyhire** **LSE:TLW Tullow** **LSE:TSCO Tesco** **

********

Updated charts published on : Anglo American, BP PLC, Centamin, EasyJet, HSBC, British Airways, IQE, Speedyhire, Tullow, Tesco,

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LSE:AAL Anglo American Close Mid-Price: 2145.5 Percentage Change: -2.10% Day High: 2229 Day Low: 2108.5

All Anglo American needs are mid-price trades ABOVE 2229 to improve accel ……..

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LSE:BP. BP PLC. Close Mid-Price: 520.1 Percentage Change: + 0.68% Day High: 523.5 Day Low: 516.1

Target met. In the event of BP PLC enjoying further trades beyond 523.5, ……..

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LSE:CEY Centamin. Close Mid-Price: 125 Percentage Change: + 0.40% Day High: 126.6 Day Low: 122.8

Target met. In the event of Centamin enjoying further trades beyond 126.6 ……..

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LSE:EZJ EasyJet Close Mid-Price: 571 Percentage Change: -0.45% Day High: 590.8 Day Low: 569.6

Further movement against EasyJet ABOVE 590.8 should improve acceleration ……..

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LSE:HSBA HSBC. Close Mid-Price: 663.2 Percentage Change: + 2.87% Day High: 665 Day Low: 649

Target met. In the event of HSBC enjoying further trades beyond 665, the ……..

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LSE:IAG British Airways. Close Mid-Price: 175.55 Percentage Change: + 0.77% Day High: 180.15 Day Low: 173.5

Target met. In the event of British Airways enjoying further trades beyo ……..

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LSE:IQE IQE. Close Mid-Price: 25.75 Percentage Change: + 28.75% Day High: 27.7 Day Low: 21.7

In the event of IQE enjoying further trades beyond 27.7, the share should ……..

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LSE:SDY Speedyhire. Close Mid-Price: 25.75 Percentage Change: + 1.58% Day High: 26 Day Low: 23

If Speedyhire experiences continued weakness below 23, it will invariably ……..

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LSE:TLW Tullow. Close Mid-Price: 35.82 Percentage Change: + 2.28% Day High: 36.02 Day Low: 35.1

In the event of Tullow enjoying further trades beyond 36.02, the share sh ……..

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LSE:TSCO Tesco. Close Mid-Price: 297 Percentage Change: + 3.30% Day High: 306.1 Day Low: 284

Target met. Further movement against Tesco ABOVE 306.1 should improve acc ……..

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

#Gold #Centamin  Obviously, with the price of Gold currently behaving as if it’s on steroids, we’ve been receiving a bunch of emails asking about various Gold mining shares. Amusingly, with Gold currently around $2350, our report on Gold in November last year issued a future target of $2357, being careful to admit this target would probably prove similar to the ambition of politicians to ship illegal immigrants off to Rwanda, something promised but never attained.

However, movements on the price of Gold since the start of March have proven our cautious nature was a load of tosh and once the price of the metal successfully closed above the glass ceiling (Blue on the chart), it was only to be a matter of time until it sprouted faster than a dandelion on a sunny day. Gold is now showing some useful potentials, needing below 2080 to spoil the party. Instead, it now appears likely above $2357 provides the potential of a lift to an initial 2480 with secondary, if bettered, at $2500 and some potential hesitation, if only to satisfy all the doom-sayers who will claim it can’t surpass this level. In normal circumstances, we’d agree except for two things.

Firstly, a bunch of folk will almost certainly open Short positions at the $2500 and there are few things the market finds funnier than collecting a bunch of stop losses.

Secondly, perhaps more importantly, the Big Picture now claims a future $2778 is possible for Gold, a price level where unless “they” start gapping it up, the metal should almost certainly experience some collywobbles.

 

Centamin Plc, the Gold producer active in Egypt and further down around the Ivory Coast, show extraction results which would shame the “best” commercial producers on Discovery’s Gold Rush TV show. For instance, in 2023, they extracted nearly 1/2 million ounces from their Sukari pit, a number which compares favourably against the best producer on the TV show who extracted nearly 8,000 ounces in the Yukon. Though, if we break it down to “Ounces Per Employee”, the guys in the Yukon appear to be far more efficient!

Our immediate outlook for Centamin suggests above 125 should prove capable of boosting the share price to a less than impressive 127.6p. Our secondary, above such a level, calculates at a future 144p, along with a demand the share price close above such a level to hopefully make a Big Picture future 177p a reality. The share price certainly has fairly strong prospect and we cannot help but wonder when the runaway price of Gold may spread into high revenue expectations for miners.

If things intend go wrong for LSE:CEY, the share price needs drop below 106p to spark trouble, allowing reversal to an initial 100 with secondary, if broken, at a probable bottom of 91p.

 

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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
9:56:30PM	BRENT	8911.9
9:58:48PM	GOLD	2352.65									Success
11:23:52PM	FTSE	7945	7917	7903	7880	7947	7971	7986	8004	7929	‘cess
11:53:18PM	STOX50	5006.4	4981	4962	4909	5028	5042	5062	5089	5006	‘cess
12:02:59AM	GERMANY	18125									‘cess
12:04:59AM	US500	5214.8									‘cess
12:23:15AM	DOW	38915									Success
12:28:39AM	NASDAQ	18183
12:31:07AM	JAPAN	39639									‘cess

 

9/04/2024 FTSE Closed at 7934 points. Change of -0.11%. Total value traded through LSE was: £ 6,567,332,567 a change of 22.56%

8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%

4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%

3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%

2/04/2024 FTSE Closed at 7935 points. Change of -100%. Total value traded through LSE was: £ 6,396,592,284 a change of 0%

28/03/2024 FTSE Closed at 7952 points. Change of 0%. Total value traded through LSE was: £ 5,611,823,607 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:AAL Anglo American** **LSE:AFC AFC Energy** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:OCDO Ocado Plc** **LSE:SCLP Scancell** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Anglo American, AFC Energy, BP PLC, Carclo, Centamin, Gulf Keystone, HSBC, Ocado Plc, Scancell, Tern Plc, Tullow,

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LSE:AAL Anglo American. Close Mid-Price: 2191.5 Percentage Change: + 1.69% Day High: 2212 Day Low: 2159

Target met. In the event of Anglo American enjoying further trades beyond ……..

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LSE:AFC AFC Energy. Close Mid-Price: 19.14 Percentage Change: + 2.46% Day High: 19.24 Day Low: 18.5

Continued trades against AFC with a mid-price ABOVE 19.24 should improve ……..

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LSE:BP. BP PLC. Close Mid-Price: 516.6 Percentage Change: + 1.31% Day High: 520.3 Day Low: 513.6

Further movement against BP PLC ABOVE 520.3 should improve acceleration t ……..

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LSE:CAR Carclo Close Mid-Price: 7.25 Percentage Change: -3.33% Day High: 6.95 Day Low: 6.95

Continued weakness against CAR taking the price below 6.95 calculates as ……..

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LSE:CEY Centamin. Close Mid-Price: 124.5 Percentage Change: + 2.81% Day High: 124.8 Day Low: 122

Target met. Further movement against Centamin ABOVE 124.8 should improve ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 123 Percentage Change: + 3.36% Day High: 127.8 Day Low: 118

In the event of Gulf Keystone enjoying further trades beyond 127.8, the s ……..

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LSE:HSBA HSBC. Close Mid-Price: 644.7 Percentage Change: + 0.03% Day High: 649.2 Day Low: 643.1

Target met. Continued trades against HSBA with a mid-price ABOVE 649.2 sh ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 380.6 Percentage Change: + 1.47% Day High: 391.4 Day Low: 362.8

Target met. Continued weakness against OCDO taking the price below 362.8 ……..

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LSE:SCLP Scancell Close Mid-Price: 9.85 Percentage Change: -3.90% Day High: 10.25 Day Low: 9.65

In the event Scancell experiences weakness below 9.65 it calculates with ……..

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LSE:TERN Tern Plc. Close Mid-Price: 3.6 Percentage Change: + 16.13% Day High: 3.85 Day Low: 3.1

Target met. Further movement against Tern Plc ABOVE 3.85 should improve a ……..

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LSE:TLW Tullow. Close Mid-Price: 35.02 Percentage Change: + 2.58% Day High: 35.34 Day Low: 34.2

Continued trades against TLW with a mid-price ABOVE 35.34 should improve ……..

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

 #Gold #Nasdaq  Everyone knows all the dangers associated with bottom feeding, trying to discriminate the exact level at which a share shall stop going down and start bouncing. We’re fairly sure, if a way was ever found to drain the stock market, the bottom would be littered with the bones of investors murdered by the torrents of falling knives, each convinced they’d finally be the hero in their own story.

There’s a converse scenario, one just as fraught with trouble, easily spotted when a share price keeps going up. This path to fabulous ascendance is, similar to Mount Everest, dusted with the bodies of those who believed things could go no higher, opting to escape a soaring share price as “No-one ever went broke, making a profit!”. The emotional similarity to a failing share price is quite fascinating, both attempts at maximising profit essentially routed firmly in greed rather than common sense.

3i Group currently provide quite a useful case in point. Their share price is soaring higher than ever, doubtless attracting the usual bunch who’re ready to claim the opened a short position the moment they noticed it had stopped going higher. We’ve shown a little chart extract, one which is doubtless pretending to advise nervous investors 3i share price has reached a plateau, one where some trouble should be anticipated. The analytical investors shall convince themselves the 30 quid level is about to provide a hurdle beyond which the price clearly cannot go, the immediate period of flatlining doubtless indicating a halt to any buying frenzy.

We’re not entirely convinced this shall prove to be the case. On the chart, we’ve circled an area from 2023, a point where the share price previously discovered a case of “nerves” just above the 20 quid level. Folk armed with long term charts would quickly notice this was the high of the share price back in the year 2000 and it’s certain a fair number of traders successfully convinced themselves the price had reached a natural barrier, opting to pocket their profit, then watching aghast as the share price continued to climb by almost 50%.

We don’t trust these plateau as shown on the chart below, especially when they occur as a share price is climbing. We’ve even coined a pet name for them, a flat trend. When a share price successfully closes above such a flat trend, it’s almost always a signal the climbing season is again upon us.

In the case of 3i Group, share price closure above 2323p shall give some hope or, more probably from an intraday perspective, movement exceeding 2858p giving a solid suggestion movement to an initial 3003p has become our next ambition with secondary, if bettered, at 3336p. We’ve a whole bunch of reasons to anticipate some price hesitation at this secondary level but would warn investors to take care. If the market starts to “gap” 3i share price up at the open any time now, we shall take this as a signal they also intend to climb past 3336p sometime in the future.

 

If things intend go wrong, the price needs below 2229p (red) to indicate slight panic, giving the potential of weakness possible to a future 1575p, if everything intends go really wrong. Visually, we doubt it.

 

 

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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
8:53:12PM	BRENT	9030.2									Success
8:56:10PM	GOLD	2337.79	2319	2307	2292	2336	2344	2349	2359	2332
8:58:37PM	FTSE	7943.3									Success
9:00:52PM	STOX50	5034.6									‘cess
9:04:42PM	GERMANY	18294.9									Success
9:14:23PM	US500	5207.3
9:18:36PM	DOW	38928.5
9:23:15PM	NASDAQ	18117	18047	18015	17949	18141	18213	18252	18321	18106
9:25:35PM	JAPAN	39440									‘cess

8/04/2024 FTSE Closed at 7943 points. Change of 0.4%. Total value traded through LSE was: £ 5,358,628,061 a change of -25.26%

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%

4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%

3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%

2/04/2024 FTSE Closed at 7935 points. Change of -0.21%. Total value traded through LSE was: £ 6,396,592,284 a change of 13.98%

28/03/2024 FTSE Closed at 7952 points. Change of -100%. Total value traded through LSE was: £ 5,611,823,607 a change of 0%

27/03/2024 FTSE Closed at 7931 points. Change of 0%. Total value traded through LSE was: £ 6,984,265,081 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:AAL Anglo American** **LSE:BP. BP PLC** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:OCDO Ocado Plc** **LSE:SCLP Scancell** **LSE:TERN Tern Plc** **

********

Updated charts published on : Anglo American, BP PLC, Centamin, EasyJet, Gulf Keystone, HSBC, Ocado Plc, Scancell, Tern Plc,

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LSE:AAL Anglo American. Close Mid-Price: 2155 Percentage Change: + 3.21% Day High: 2154 Day Low: 2094.5

Further movement against Anglo American ABOVE 2154 should improve acceler ……..

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LSE:BP. BP PLC. Close Mid-Price: 509.9 Percentage Change: + 0.75% Day High: 513.8 Day Low: 503.9

Continued trades against BP. with a mid-price ABOVE 513.8 should improve ……..

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LSE:CEY Centamin. Close Mid-Price: 121.1 Percentage Change: + 1.25% Day High: 121.5 Day Low: 118.4

Target met. Continued trades against CEY with a mid-price ABOVE 121.5 sho ……..

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LSE:EZJ EasyJet. Close Mid-Price: 577.8 Percentage Change: + 3.33% Day High: 583.4 Day Low: 560.6

All EasyJet needs are mid-price trades ABOVE 583.4 to improve acceleratio ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 119 Percentage Change: + 8.08% Day High: 126 Day Low: 112.3

Continued trades against GKP with a mid-price ABOVE 126 should improve th ……..

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LSE:HSBA HSBC. Close Mid-Price: 644.5 Percentage Change: + 0.48% Day High: 646 Day Low: 637.6

All HSBC needs are mid-price trades ABOVE 646 to improve acceleration tow ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 375.1 Percentage Change: -1.21% Day High: 384.7 Day Low: 366.7

Weakness on Ocado Plc below 366.7 will invariably lead to 365p with secon ……..

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LSE:SCLP Scancell. Close Mid-Price: 10.25 Percentage Change: + 0.00% Day High: 10.25 Day Low: 9.75

Continued weakness against SCLP taking the price below 9.75 calculates as ……..

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LSE:TERN Tern Plc. Close Mid-Price: 3.1 Percentage Change: + 8.77% Day High: 3.15 Day Low: 2.85

Continued trades against TERN with a mid-price ABOVE 3.15 should improve ……..

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

#Brent #Barclays Last week, the entire UK resounded to the sound of party poppers going off, an event strangely reminiscent of the day the nation apparently shook to the sound of church bells as news of the end of the 2nd world war erupted. Okay, perhaps the exuberance was a little more muted but Barclays share price actually did something interesting!

From our perspective, the interest doesn’t reside in the fact it achieved our 191.4p target but rather the fact the market actually permitted the share price to close Thursday very slightly above this target level. Despite a near certainty the share price shall mess around a bit at the current level, possibly even discovering an excuse to retreat to 183p with secondary, if broken, at 173p, we’d not be immediately alarmed as movements such as this just fall into the criteria of “share prices can go down and up”, rather than establishing a strong trend. In fact, should 173p make an appearance, there’s a pretty fair argument in favour of taking a Long position with a seriously tight stop as we suspect another return to the 191p level shall be on the cards.

We’re making a bit of noise about this, thanks to that Blue downtrend line on the chart. It dates back to 2007, and the end of the era when politicians still resigned when being caught with their paws in the cookie jar.

However, the adrenalin is flowing due to Barclays now achieving a fairly important Big Picture movement, one which effectively forces us to take cognisance of the long term Blue line as it allows a scenario where this retail bank finds itself in a position where a four letter word describes the future; HOPE.

 

Now above 194.2p should apparently prove capable of triggering share price movement to an initial 220p with our secondary, if exceeded, at a future 251p. Perhaps we are placing a lot of emphasis on a positive movement of just a couple of pence but it “feels” like the market is taking cognisance of the same trend we are, hence our efforts are crossing fingers, buying rabbits paws, and ensuring all the horse-shoes are pointing the correct way… (Nope, even Google fails to provide a straight answer for this!)

If Barclays intends a return to the days of clown school, the share price needs below 155p to justify serious concern.

 

 

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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
8:42:18PM	BRENT	9058.2	9026	8989	8932	9104	9164	9175	9288	9056
8:46:24PM	GOLD	2329	2321	2319	2315	2330	2332	2409	2523	2315
8:48:39PM	FTSE	7918.6	7885	7873	7854	7922	7923	7931	7956	7903
8:50:40PM	STOX50	5016.8	4982	4966	4914	5020	5028	5039	5058	5005
8:53:51PM	GERMANY	18181.9	18087	18077	17889	18177	18277	18299	18330	18148
9:03:50PM	US500	5206.7	5147	5131	5100	5199	5224	5261	5300	5188
9:06:30PM	DOW	38924.5	38581	38470	38275	38767	39055	39288	39532	38923
9:08:39PM	NASDAQ	18111.9	17863	17793	17653	18000	18213	18265	18399	18086
9:15:58PM	JAPAN	39291	38906	38786	38587	39293	39381	39435	39660	39268

 

 

5/04/2024 FTSE Closed at 7911 points. Change of -0.8%. Total value traded through LSE was: £ 7,169,871,265 a change of 23.49%

4/04/2024 FTSE Closed at 7975 points. Change of 0.48%. Total value traded through LSE was: £ 5,806,012,925 a change of -4.14%

3/04/2024 FTSE Closed at 7937 points. Change of 0.03%. Total value traded through LSE was: £ 6,056,901,297 a change of -5.31%

2/04/2024 FTSE Closed at 7935 points. Change of -0.21%. Total value traded through LSE was: £ 6,396,592,284 a change of 13.98%

28/03/2024 FTSE Closed at 7952 points. Change of 0.26%. Total value traded through LSE was: £ 5,611,823,607 a change of -19.65%

27/03/2024 FTSE Closed at 7931 points. Change of 0.01%. Total value traded through LSE was: £ 6,984,265,081 a change of 6.21%

26/03/2024 FTSE Closed at 7930 points. Change of -100%. Total value traded through LSE was: £ 6,575,880,287 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:AFC AFC Energy** **LSE:OCDO Ocado Plc** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **

********

Updated charts published on : Ocado Plc, Tern Plc, Tullow,

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LSE:AFC AFC Energy. Close Mid-Price: 18.14 Percentage Change: + 6.71% Day High: 17.74 Day Low: 16

This now needs above 19p to make a significant movement, giving the potent ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 379.7 Percentage Change: -8.99% Day High: 410.4 Day Low: 380.5

Target met. If Ocado Plc experiences continued weakness below 380.5, it w ……..

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LSE:TERN Tern Plc. Close Mid-Price: 2.85 Percentage Change: + 21.28% Day High: 2.85 Day Low: 2.3

Potentially slightly interesting, above an important 2.95 should prove cap ……..

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LSE:TLW Tullow. Close Mid-Price: 34.02 Percentage Change: + 0.06% Day High: 34.58 Day Low: 33.7

Target met. Further movement against Tullow ABOVE 34.58 should improve ac ……..

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