Boohoo Group Plc (LSE:BOO)

#Gold #WallSt  As we approach Halloween, it obviously makes sense to review a scary share with the moniker BOO. Personally, a very Halloween event occurred during the last 24 hours, thanks to either Covid-19 vaccine or the Flu vaccine. From chatting to others, I’m inclined to suspect what was experienced was a Flu vaccine thing and the Covid jag did nothing harmful. After being stabbed twice by a nurse at noon, she warned any side effects shouldn’t last more than 24 hours and to get in touch if they did. But more assuringly, she added most folk don’t experience ANY side effects.

For this individual, this proved incorrect as virtually all flu symptoms kicked into play by around midnight, one after the other. The first one, bouts of uncontrolled shivering, lasted until around 2am and the point where my wife was ready to call an ambulance. I told her not to worry as I was starting to feel hot and sticky, just like a fever. By 4am, the fever symptoms left the building but a vile headache appeared and by 6am, the headache mercifully gone, the only problem was I could now hardly walk, due to severe muscle pains. And by 8am, the fever symptoms returned for a while, lasting just long enough to remind that the bedding now needed changed, along with the pillows. And by 12 noon, precisely 24 hours after the injections, we drove along to a local cafe for lunch as there was absolutely nothing wrong with me. There’s a ridiculous urban legend of the Flu Vaccine giving people Flu. I’d suggest this isn’t the case but the side effects did feel like two weeks of influenza on fast forward!

All things considered, it was one of these; “If Halloween did Vaccinations…” moments.

 

Boohoo share price has been experiencing a rather frightening time since the end of 2021 and finally is starting to show early symptoms of exiting the misery. We’re hopefully not reaching too hard but from our perspective, the price currently need only exceed 32.3p to give the first signal some recovery may be upon it.

We are hinging this on what happens, should just 31.08p be exceeded, only 0.07 above the current price so there’s not a lot of work required.

Above 31.08 calculates with the potential of a lift to 33p, once again returning above an uptrend which dates back to 2015. Normally, this would be quite a big deal, taking the share out of its immediate Blue downtrend. Should 33p be exceeded, things get interesting as a future 40p works out as a sane ambition. Visually this could signify the start of a proper share price recovery cycle but, to be safe, we shall prefer review the numbers if the 40p ambition makes itself known.

Our converse scenario remains scary as below 28p threatens a visit to 24p. If broken, our eventual ultimate bottom works out at just 7p.

For the present, we suspect Boohoo are about to experience some positive movement. Hopefully they don’t have any scary news to release, in keeping with the season.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:04:17PM FTSE 7617 Success
10:12:22PM BRENT 8699.8
10:15:52PM GOLD 1859.94 1853 1850 1845 1860 1865 1874 1895 1853
10:18:17PM STOX50 4179.5 Success
10:20:32PM GERMANY 15395.7 Success
10:23:04PM US500 4357.4 Success
10:26:29PM DOW 33735 33591 33480 33337 33675 33911 34068 34246 33712 ‘cess
10:29:47PM NASDAQ 15140.9 ‘cess
10:39:50PM JAPAN 31785 Success

 

10/10/2023 FTSE Closed at 7628 points. Change of 1.82%. Total value traded through LSE was: £ 5,388,462,932 a change of 18%
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%

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:CCL Carnival** **LSE:JET Just Eat** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **

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Updated charts published on : Avacta, Carnival, Just Eat, Spirent Comms, Spirax,

LSE:AVCT Avacta. Close Mid-Price: 151 Percentage Change: + 10.62% Day High: 151 Day Low: 136.5

Target met. Further movement against Avacta ABOVE 151 should improve acce ……..

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LSE:CCL Carnival. Close Mid-Price: 957.2 Percentage Change: + 5.79% Day High: 958.4 Day Low: 909.2

This is surprisingly insipid as below 892 now looks capable of reversal to ……..

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LSE:JET Just Eat. Close Mid-Price: 1044 Percentage Change: + 7.24% Day High: 1052 Day Low: 1014

Now above 1052 indicates the potential of a lift to an initial 1147p. If e ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 98.5 Percentage Change: + 5.63% Day High: 98.7 Day Low: 95.55

In the event of Spirent Comms enjoying further trades beyond 98.7, the sh ……..

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LSE:SPX Spirax Close Mid-Price: 8888 Percentage Change: -2.01% Day High: 9146 Day Low: 8832

Target met. In the event Spirax experiences weakness below 8832 it calcul ……..

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

Horizonte Minerals Plc (LSE:NWG) due to a bounce?

#Gold_Futures #S&P500 A week ago, Horizonte Minerals (HZM) share price fell off a cliff, doubtless feeling as I do now!. Todays non-professional complaint was caused by my 6th Covid-19 jag, along with a Flu jag administered at the same time. Usually, the side effects kick in by around midnight but todays offerings misbehaved quite a bit sooner. Around an hour after returning from the hospital, a thumping headache started, along with an allocation of sore muscles. By 9pm, perspiration was making itself known and trust me, settling down to answer a bunch of emails about Horizonte wasn’t something being looked forward too.

Thankfully, we’d run the numbers on Horizonte and as is our custom, waited until the last minute to produce our headline report, just in case something happens during the trading day.

The company, a nickel miner, do all their work in Brazil. The shares are listed in London along with Toronto and of course, their headquarters are in London. One can only guess at the air miles accumulated by staff as they trot the globe.

 

From our perspective, “ultimate bottom” for this share calculated at just 14p and with the price hitting 14.12 just last week, perhaps there is sufficient reason to hope for a bounce with the price. According to our tea leaves, above just 30.5p should prove capable of triggering recovery to an initial 35.5p with secondary, if bettered, at a longer term 47p. There’s a fairly reason expectation of some hesitation at the 47p level as the share price shall require closure above such a point to hopefully signal happier days are on the horizon.

A word of warning, we cannot calculate anything below 14p which isn’t prefaced with a minus sign.

Another word of warning. The grotty side effects currently being “enjoyed” may be due to the Flu vaccine. Who knows?

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:52PM BRENT 8755 Success
10:18:22PM GOLD 1861.03 1844 1841 1834 1855 1864 1868 1887 1848 Success
10:20:45PM FTSE 7518.4 Shambles
10:22:53PM STOX50 4129.5
10:24:54PM GERMANY 15190.6
10:27:45PM US500 4334.9 4265 4242 4208 4290 4344 4349 4377 4327 Success
10:31:42PM DOW 33592.5
10:34:17PM NASDAQ 15052.4
10:36:49PM JAPAN 31271
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%

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

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

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

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

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

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

Click Epic to jump to share: LSE:EME Empyrean** **LSE:IQE IQE** **LSE:NWG Natwest** **LSE:SPX Spirax** **LSE:TLW Tullow** **

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Updated charts published on : Empyrean, IQE, Natwest, Spirax, Tullow,

LSE:EME Empyrean Close Mid-Price: 0.74 Percentage Change: -3.53% Day High: 0.7 Day Low: 0.7

Target met. Weakness on Empyrean below 0.7 will invariably lead to 0.68p ……..

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LSE:IQE IQE Close Mid-Price: 15.7 Percentage Change: -1.75% Day High: 16.1 Day Low: 15.48

In the event IQE experiences weakness below 15.48 it calculates with a dr ……..

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LSE:NWG Natwest Close Mid-Price: 221.4 Percentage Change: -1.03% Day High: 224.1 Day Low: 219.3

If Natwest experiences continued weakness below 219.3, it will invariably ……..

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LSE:SPX Spirax Close Mid-Price: 9070 Percentage Change: -4.16% Day High: 9446 Day Low: 9088

Target met. Continued weakness against SPX taking the price below 9088 ca ……..

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LSE:TLW Tullow. Close Mid-Price: 33.4 Percentage Change: + 9.15% Day High: 33.58 Day Low: 31.84

Continued trades against TLW with a mid-price ABOVE 36.7p should improve t ……..

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

#Gold_Futures #S&P500 A week ago, Horizonte Minerals (HZM) share price fell off a cliff, doubtless feeling as I do now!. Todays non-professional complaint was caused by my 6th Covid-19 jag, along with a Flu jag administered at the same time. Usually, the side effects kick in by around midnight but todays offerings misbehaved quite a bit sooner. Around an hour after returning from the hospital, a thumping headache started, along with an allocation of sore muscles. By 9pm, perspiration was making itself known and trust me, settling down to answer a bunch of emails about Horizonte wasn’t something being looked forward too.

Thankfully, we’d run the numbers on Horizonte and as is our custom, waited until the last minute to produce our headline report, just in case something happens during the trading day.

The company, a nickel miner, do all their work in Brazil. The shares are listed in London along with Toronto and of course, their headquarters are in London. One can only guess at the air miles accumulated by staff as they trot the globe.

 

From our perspective, “ultimate bottom” for this share calculated at just 14p and with the price hitting 14.12 just last week, perhaps there is sufficient reason to hope for a bounce with the price. According to our tea leaves, above just 30.5p should prove capable of triggering recovery to an initial 35.5p with secondary, if bettered, at a longer term 47p. There’s a fairly reason expectation of some hesitation at the 47p level as the share price shall require closure above such a point to hopefully signal happier days are on the horizon.

A word of warning, we cannot calculate anything below 14p which isn’t prefaced with a minus sign.

Another word of warning. The grotty side effects currently being “enjoyed” may be due to the Flu vaccine. Who knows?

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:15:52PM BRENT 8755 Success
10:18:22PM GOLD 1861.03 1844 1841 1834 1855 1864 1868 1887 1848 Success
10:20:45PM FTSE 7518.4 Shambles
10:22:53PM STOX50 4129.5
10:24:54PM GERMANY 15190.6
10:27:45PM US500 4334.9 4265 4242 4208 4290 4344 4349 4377 4327 Success
10:31:42PM DOW 33592.5
10:34:17PM NASDAQ 15052.4
10:36:49PM JAPAN 31271
9/10/2023 FTSE Closed at 7492 points. Change of -0.03%. Total value traded through LSE was: £ 4,566,678,677 a change of -5.8%
6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%

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

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

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

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

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

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

Click Epic to jump to share: LSE:EME Empyrean** **LSE:IQE IQE** **LSE:NWG Natwest** **LSE:SPX Spirax** **LSE:TLW Tullow** **

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Updated charts published on : Empyrean, IQE, Natwest, Spirax, Tullow,

LSE:EME Empyrean Close Mid-Price: 0.74 Percentage Change: -3.53% Day High: 0.7 Day Low: 0.7

Target met. Weakness on Empyrean below 0.7 will invariably lead to 0.68p ……..

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LSE:IQE IQE Close Mid-Price: 15.7 Percentage Change: -1.75% Day High: 16.1 Day Low: 15.48

In the event IQE experiences weakness below 15.48 it calculates with a dr ……..

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LSE:NWG Natwest Close Mid-Price: 221.4 Percentage Change: -1.03% Day High: 224.1 Day Low: 219.3

If Natwest experiences continued weakness below 219.3, it will invariably ……..

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LSE:SPX Spirax Close Mid-Price: 9070 Percentage Change: -4.16% Day High: 9446 Day Low: 9088

Target met. Continued weakness against SPX taking the price below 9088 ca ……..

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LSE:TLW Tullow. Close Mid-Price: 33.4 Percentage Change: + 9.15% Day High: 33.58 Day Low: 31.84

Continued trades against TLW with a mid-price ABOVE 36.7p should improve t ……..

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

Natwest Group Plc (LSE:NWG) and some updates.

#Brent #Dax  Every time we cover Natwest, it appears Formula1 decides to produce an interesting Grand Prix. Sunday proved such an occasion, Brit Louis Hamilton trying an unusual ploy of reducing his car weight by ditching one of his wheels on the opening lap. It’s always amusing, when two team-mates hit each other but this incident was far from clear cut. The team obviously knew Hamilton was on a short shelf life “fast” tyre and intended move into the lead as soon as possible. Yet his team mate (on a slower tyre) opted to play at racing, making it impossible for Hamilton to complete the pass without a collision. It created a situation where Hamilton could only take the blame, while doubtless pondering why his colleague opted to forget their strategy briefing before the race. However, even with a lack of rainfall to spice things up, the actual race proved entertaining and once again ensured a nap wasn’t taken while it progressed.

Lack of rainfall isn’t an issue here in the mountains of Argyll. Apparently, our usual annual quota of rain for October fell in just 24 hours, creating a situation where folk were being airlifted by helicopter to safety due to their cars becoming trapped by landslides both in front and behind them.  It’s still raining but on the bright side, the local predominance of SUV’s is finally justified as many road surfaces were washed away. We’ve now a shortage of traffic cones, something unbelievable from a local council.

Formula1 thoughts and local misery aside, some things in life are never as clear cut as we’d like and Natwest share remains firmly in such a category.

 

Natwest Group continues to exhibit a fascination with the downtrend since 2007, enacting yet another fake “break” upward, one which has once again fizzled out. The immediate situation suggests any weakness next below 220p shall doubtless hit 214p and maybe, just maybe, bounce. In our world of convoluted rules, should 214p break, it almost must bounce by 204p. The word ‘almost’ is worth paying attention to, due to a freefall effect being given from a third level target down at 109p. This is something we’d categorise as an ultimate bottom, simply because we cannot calculate below such a ridiculous sounding level. With fun and games currently from Metro Bank in London, there’s obviously a risk of the retail banks once again experiencing a bit of a hammering.

 

Lack of confidence remains a key indicator, when reviewing Natwest and we suspect it now needs above 239p to give any real hope, calculating with a lift potential to an initial 254p with secondary, if bettered, working out at 259p and some probable hesitation. The share certainly has the potential of producing some surprisingly swift recovery but… they are a retail bank.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
7:03:48PM BRENT 8383.9 8280 8239 8059 8439 8550 8643 8761 8362
7:05:51PM GOLD 1832.39
7:10:12PM FTSE 7517.8
7:22:22PM STOX50 4159.3
7:26:48PM GERMANY 15277 15033 14938 14818 15158 15298 15403 15554 15201
8:20:49PM US500 4310.7
8:24:23PM DOW 33425
8:27:18PM NASDAQ 14999.8
8:29:33PM JAPAN 31337

 

6/10/2023 FTSE Closed at 7494 points. Change of 0.58%. Total value traded through LSE was: £ 4,848,110,994 a change of 10.75%
5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:AV. Aviva** **LSE:CEY Centamin** **LSE:NG. National Glib** **LSE:TSCO Tesco** **

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Updated charts published on : Aston Martin, Aviva, Centamin, National Glib, Tesco,

LSE:AML Aston Martin. Close Mid-Price: 249.6 Percentage Change: + 2.13% Day High: 252.4 Day Low: 227.4

Target met. In the event Aston Martin experiences weakness below 227, it ……..

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LSE:AV. Aviva. Close Mid-Price: 409 Percentage Change: + 5.33% Day High: 428.3 Day Low: 400

Further movement against Aviva ABOVE 428.3 should improve acceleration to ……..

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LSE:CEY Centamin. Close Mid-Price: 79.7 Percentage Change: + 0.31% Day High: 81.15 Day Low: 77.7

Target met. Weakness on Centamin below 77.7 will invariably lead to 75p w ……..

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LSE:NG. National Glib Close Mid-Price: 935.6 Percentage Change: -1.27% Day High: 951.6 Day Low: 918.6

Continued weakness against NG. taking the price below 918.6 calculates as ……..

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LSE:TSCO Tesco Close Mid-Price: 278.4 Percentage Change: -0.71% Day High: 282.3 Day Low: 276.1

Continued trades against TSCO with a mid-price ABOVE 282.3 should improve ……..

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

FTSE for FRIDAY (FTSE:UKX) & A Brent update too (CCOM:OILBRENT)

#FTSE_futures With US Payrolls Friday, we’ve almost gotten to the point of ignoring the day as exuberant market swings have declined over the last few years. The “fun” of trying to make sense of a fistful of darts being thrown by the markets is now mostly absent yet we suspect this is what “they” want us to think.

After all, when the stock markets stop doing stupid things, it’s generally a sign they’re really gearing up toward something really offensive and when we step back and review some recent triggers which have been hit, things could go silly quite swiftly now. Brent Crude is a case in point.

We reviewed Brent a few weeks ago, warning of the risks should the $86 level break. This price level was toasted a couple of days ago and now, from an immediate perspective, we can report continued weakness below 83.4 looks capable of promoting a visit to 82.8 with secondary, if broken, calculating down at 80.4 dollars. But it may be worth remembering our threat of real danger, when the $86 dollar barrel sprung a leak, came from a Big Picture perspective as the stuff is now seen as trading in a zone where a cycle down to 75.8 is now suspected with secondary, if broken, at an eventual $57. The nicest thing about all this potential calamity comes from the tightest stop loss level, the product needing above $86 to greatly negate current weakness potentials or above $88.7 to cancel our calculations.

FTSE for FRIDAY.  Last Friday, we presented a scenario where the FTSE risks a trip down to 7392 points. On Monday, the FTSE indeed hit the trigger level and on Wednesday it hit our target, even exceeding it slightly before bouncing from 7384 points. For a few minutes, we even thought our target level was going to be exact but the FTSE had other ideas. This created a bit of a problem as the FTSE closed the day in dangerous territory and now risks the immediate future becoming unpleasant.

Now below 7384 points risks forcing a visit down to 7264 points with our secondary, if this level breaks, working out at an eventual 7103 points. Visually, neither ambition makes much sense but we’re a little worried as the last few weeks has seen the FTSE ‘stepping down’ in 100 point increments, pausing briefly at 7600, then 7500, and most recently, the 7400 point level. This makes our calculation giving the potential of an eventual bottom at 7103 points believable.

Our alternate, less grim scenario, is certainly easier on the eye.

Above 7478 points should hopefully trigger index recovery to an initial useless 7491 points with our secondary, if bettered, working out at 7565 points. If triggered, the tightest stop loss level looks like 7410 points.

 

Have a good weekend and enjoy the Grand Prix.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:26:57PM BRENT 8379 8335 8272 8182 8495 8599 8650 8755 8501
10:34:28PM GOLD 1819.82 1812 1788 1690 1835 1834 1848 1863 1814
10:36:19PM FTSE 7469 7409 7370 7327 7458 7498 7519 7565 7444
10:40:33PM STOX50 4113 4085 4070 4051 4117 4122 4147 4176 4084
10:42:41PM GERMANY 15108 15039 14989 14928 15099 15152 15171 15215 15094
10:44:41PM US500 4255.18 4227 4220 4203 4250 4271 4287 4307 4245
10:47:34PM DOW 33098.9 32925 32847 32738 33043 33174 33262 33413 33070
10:50:44PM NASDAQ 14717.98 14579 14483 14372 14674 14817 14906 15015 14740
10:54:02PM JAPAN 31027 30851 30015 28685 31148 31213 31576 32004 30945 ‘cess

 

5/10/2023 FTSE Closed at 7451 points. Change of 0.53%. Total value traded through LSE was: £ 4,377,671,479 a change of -22.43%
4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:EME Empyrean** **LSE:ITV ITV** **LSE:MMAG Music Magpie** **LSE:OXIG Oxford Instruments** **LSE:SPT Spirent Comms** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Empyrean, ITV, Music Magpie, Oxford Instruments, Spirent Comms, Tesco,

LSE:AML Aston Martin Close Mid-Price: 244.4 Percentage Change: -7.56% Day High: 263.8 Day Low: 243.8

Continued weakness against AML taking the price below 243.8 calculates as ……..

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LSE:EME Empyrean Close Mid-Price: 0.75 Percentage Change: -4.57% Day High: 0.74 Day Low: 0.72

In the event Empyrean experiences weakness below 0.72 it calculates with ……..

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LSE:ITV ITV. Close Mid-Price: 66.54 Percentage Change: + 0.27% Day High: 67.24 Day Low: 65.08

If ITV experiences continued weakness below 65.08, it will invariably lea ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 25 Percentage Change: + 7.53% Day High: 25 Day Low: 22

Target met. All Music Magpie needs are mid-price trades ABOVE 25 to impro ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1976 Percentage Change: -3.84% Day High: 2045 Day Low: 1950

Target met. In the event Oxford Instruments experiences weakness below 19 ……..

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LSE:SPT Spirent Comms. Close Mid-Price: 93.8 Percentage Change: + 4.11% Day High: 95.3 Day Low: 91

This is almost interesting as above 96 now suggests some recovery to 109p ……..

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LSE:TSCO Tesco. Close Mid-Price: 280.4 Percentage Change: + 3.58% Day High: 281.9 Day Low: 272.9

Target met. In the event of Tesco enjoying further trades beyond 281.9, t ……..

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

Tesco Plc (LSE:TSCO) and market farces

#Gold #Japan_Futures  With the price of Crude oil experiencing sharp falls, it’s been puzzling watching organisations such as Bloomberg and Reuters trying to invent reasons for the sharp reversal. Reuters excelled themselves, blaming a strong dollar and profit taking, whereas Bloomberg laid the blame firmly at the feet of future interest rate increase fears. Quite why neither organisation chose to report on hard facts was a puzzle. Internationally, high prices has been causing a lack in demand with US gasoline demand reported to be at the lowest level since 2001. It’s a fairly big rule in the market place, price a product at too high a level and people stop buying it. In the USA, crude oil stock levels remain high with gasoline levels up by 6.5 million barrels over their seasonal norm.

This nonsense has a fair bit to do with Tesco who proudly announced they are cutting prices on 2,500 products by an average of 12%. Cutting to the chase, it’s safe to suggest the company have noticed changes in buying habits and now, are in a panic cycle to try and maintain sales levels. Hopefully the company also respond to changes in prices of oil with reductions in their forecourts, an area where Tesco has been notoriously greedy.

 

Tesco share price has been trapped under an obvious downtrend for quite some time and now, needs very little work to suggest some “proper” movement upwards. At present, if this Blue downtrend since 2007 is indeed valid, it appears above just 284p should promote – from a Big Picture Perspective –  the concept of share price recovery to an initial 312p with secondary, if bettered, a longer term 362p. Visually, it looks probable any future visit to 362p shall experience some price hesitation, due to the share experiencing some difficulty with this price level back in 2013. There’s always going to be a bunch of folk delighted to Bail At Break Even and reclaim their funds, doubtless forever distrusting supermarket shares.

If things intend go wrong with the share price, below 254p risks being the first indicator capable of triggering reversal to 227 with secondary, if broken, at 208p and hopefully a bounce.

 

Finally, remaining on the subject of Tesco, a recent personal calamity finally answered a question about something Americans eat, the fabled Peanut Butter and Jelly (jam) sandwich. Simply due to a complete lack of attentions, a layer of strawberry jam was spread over toast, already covered with peanut butter. How bad could it be?

From personal taste, the answer was “very bad indeed”. Not even the dog would eat it and she’s usually fanatical about all three of the contents, just not all at the same time!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:12:49PM BRENT 8572.7 Success
9:16:10PM GOLD 1821.68 1815 1813 1723 1828 1856 1866 1883 1839
9:20:34PM FTSE 7418.8 Success
9:23:00PM STOX50 4110.3
9:28:05PM GERMANY 15136 ‘cess
9:31:39PM US500 4257.8 Success
9:33:55PM DOW 33087.5
10:08:46PM NASDAQ 14757.8 Success
10:11:23PM JAPAN 30700 30285 30258 30089 30466 30824 31008 31249 30556 ‘cess

 

4/10/2023 FTSE Closed at 7412 points. Change of -0.78%. Total value traded through LSE was: £ 5,643,867,508 a change of 31.79%
3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:CEY Centamin** **LSE:EME Empyrean** **LSE:FOXT Foxtons** **LSE:GRG Greggs** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:OXIG Oxford Instruments** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **

********

Updated charts published on : Aston Martin, Centamin, Empyrean, Foxtons, Greggs, IG Group, ITV, Just Eat, Oxford Instruments, Spirent Comms, Spirax,

LSE:AML Aston Martin Close Mid-Price: 264.4 Percentage Change: -2.87% Day High: 278.2 Day Low: 253

Weakness on Aston Martin below 253 will invariably lead to 238p with seco ……..

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LSE:CEY Centamin Close Mid-Price: 79.7 Percentage Change: -2.03% Day High: 81 Day Low: 78.9

In the event Centamin experiences weakness below 78.9 it calculates with ……..

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LSE:EME Empyrean Close Mid-Price: 0.79 Percentage Change: -4.02% Day High: 0.75 Day Low: 0.75

Target met. Continued weakness against EME taking the price below 0.75 ca ……..

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LSE:FOXT Foxtons Close Mid-Price: 35.5 Percentage Change: -1.53% Day High: 36.05 Day Low: 35.5

In the event Foxtons experiences weakness below 35.5 it calculates with a ……..

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LSE:GRG Greggs Close Mid-Price: 2310 Percentage Change: -2.78% Day High: 2390 Day Low: 2280

Weakness on Greggs below 2280 will invariably lead to 2309p with secondar ……..

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LSE:IGG IG Group. Close Mid-Price: 625 Percentage Change: + 1.21% Day High: 628 Day Low: 614

Continued weakness against IGG taking the price below 614 calculates as l ……..

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LSE:ITV ITV Close Mid-Price: 66.36 Percentage Change: -1.34% Day High: 67.52 Day Low: 65.2

In the event ITV experiences weakness below 65.2 it calculates with a dro ……..

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LSE:JET Just Eat. Close Mid-Price: 967.5 Percentage Change: + 2.27% Day High: 972 Day Low: 917.5

If Just Eat experiences continued weakness below 917.5, it will invariabl ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2055 Percentage Change: -0.72% Day High: 2085 Day Low: 2030

Continued weakness against OXIG taking the price below 2030 calculates as ……..

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LSE:SPT Spirent Comms Close Mid-Price: 90.1 Percentage Change: -31.27% Day High: 94.95 Day Low: 79.75

Target met. Continued weakness against SPT taking the price below 79.75 c ……..

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LSE:SPX Spirax Close Mid-Price: 9254 Percentage Change: -0.32% Day High: 9346 Day Low: 9132

Target met. Weakness on Spirax below 9132 will invariably lead to 9114p w ……..

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

Oxford Biodynamics Plc (LSE:OBD) running up that hill

#FTSE #NASDAQ  Once again, we’re doing a “readers request” report, this time on Oxford Biodynamics thanks to a bunch of folk emailing about them. Share price movements since 2017 have certainly been interesting and we were able to calculate an “Ultimate Bottom” at 9.6p, a price level where the value has lingered for the last few months.

Obviously, with this “Ultimate Bottom” calculation, there is never a certainty of a bounce. It simply represents a price level below which we cannot calculate but with Oxford Biodynamics, the share has described some truly impressive movements, due to reports of their prostate cancer analysis being approved for the US market. Given once you pass 50, the medical profession was to test annually for everything they can think of, it’s probably safe to speculate Oxford now find themselves as a supplier to a regular massive market, especially due to their claim of a 94% diagnosis success rate.

 

It’s certainly very reassuring share price movements with the company are backed by solid news. From our perspective, at first glance it looked like a share enjoying a campaign from internet chat rooms, essentially being ramped to the heavens. But with positive news flow, it’s understandable and now, we can calculate some useful potentials for the future.

The immediate scenario allows for strength bettering 51p to provoke further gains to the 66p level. Our secondary, if such a point is exceeded, works out at 92p and a price level where we’d normally anticipate some hesitation, due to historical movements displaying a fascination for the 100p level. However, in this instance, we can present a scenario where if the price actually closes a session above 92p, there’s a lot of free air between this level and a future 159p and a need for us to once again review the tea leaves.

To end with the best we can scrape up as a note of warning, the share price needs slump below 17p to introduce panic. Hopefully the company don’t have some bad news hiding away.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:37:44PM BRENT 9063
9:41:11PM GOLD 1824.11 ‘cess
9:44:36PM FTSE 7477.75 7457 7439 7405 7490 7522 7545 7574 7486
9:47:39PM STOX50 4100.8 ‘cess
9:50:01PM GERMANY 15082.95
10:00:32PM US500 4228.38 ‘cess
10:05:03PM DOW 32980 Success
10:07:36PM NASDAQ 14583 14519 14465 14318 14603 14680 14723 14791 14578 Success
10:10:43PM JAPAN 30718 Success

 

3/10/2023 FTSE Closed at 7470 points. Change of -0.53%. Total value traded through LSE was: £ 4,282,549,883 a change of -23.79%
2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%

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:BLOE Block Energy PLC** **LSE:CEY Centamin** **LSE:FOXT Foxtons** **LSE:JET Just Eat** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Block Energy PLC, Centamin, Foxtons, Just Eat, National Glib, Oxford Instruments, Sainsbury,

LSE:BLOE Block Energy PLC Close Mid-Price: 1.1 Percentage Change: -4.35% Day High: 1.15 Day Low: 0.98

If Block Energy PLC experiences continued weakness below 0.98, it will in ……..

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LSE:CEY Centamin Close Mid-Price: 81.35 Percentage Change: -0.25% Day High: 81.8 Day Low: 80.55

If Centamin experiences continued weakness below 80.55, it will invariabl ……..

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LSE:FOXT Foxtons Close Mid-Price: 36.05 Percentage Change: -0.55% Day High: 36.9 Day Low: 35.7

Weakness on Foxtons below 35.7 will invariably lead to 34p next. If broke ……..

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LSE:JET Just Eat Close Mid-Price: 946 Percentage Change: -4.40% Day High: 979.5 Day Low: 932

Target met. In the event Just Eat experiences weakness below 932p it calc ……..

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LSE:NG. National Glib Close Mid-Price: 932 Percentage Change: -1.87% Day High: 947.8 Day Low: 921.2

Target met. If National Glib experiences continued weakness below 921.2, ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2070 Percentage Change: -3.72% Day High: 2200 Day Low: 2075

Target met. Weakness on Oxford Instruments below 2075 will invariably lea ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 248.4 Percentage Change: + 0.24% Day High: 250 Day Low: 244.1

Continued weakness against SBRY taking the price below 244.1 calculates a ……..

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

Watkin Jones Plc (LSE:WJG), where hats are hard…

#Gold #Dax  We’d to smile at the cover photo of Watkin Jones website. A construction building, littered with a bunch of folk wearing white hard hats and not a single real worker in sight, the lack of yellow or blue hard hats telling an unfortunate story as to who was viewed as important in getting the photo. In a different way, a recent article from Hong Kong managed to raise eyebrows, due to some workers on mainland China testing their hard hats for impact resistance.

It transpired the yellow hard hats issued to staff could barely resist a brick dropped from 2 metres, while white and blue hard hats were brick resistant up to 20 metres and above. The tale, emanating from a less regulative working environment, doubtless has its roots in someone saving money. From a UK perspective, it would never occur different colour hats had different safety standards.

 

Describing themselves as the UK’s leading “Residential for Rent Developer and Operator”, Watkin Jones certainly boast a portfolio of impressive projects, along with a less than impressive decline in their share price in recent years. Currently trading around 36p, investors must be feeling the pain from the decline from 280p at the start of 2022. However, we think we’ve maybe got some good news to impart. Arithmetically, we often calculate something called “Ultimate Bottom”, a share price level below which we cannot calculate.

In the case of Watkin Jones, our “Ultimate Bottom” works out at 35p and the share is certainly within sniffing distance of such a target. We can work out a number below the 35p level and it’s a bit dubious, thanks to the repeated circled gap-downs experienced but in theory, if 35p breaks, 6p can be presented as a future target. But this 6p could easily be nonsense, due to the level of guesswork required, thanks to the manipulation gaps. From a Big Picture standpoint, below 35p only should supply target levels prefaced with impossible minus signs.

So there’s hope for a share price bounce anytime soon as there’s very little in the way of wiggle room for more reversals. Above 43p should prove interesting, calculating with the potential of a lift to an initial 55p with secondary, if beaten, at 65p. To be honest, we’d really hope to see the share price gapped UP soon, due to such a movement tending indicate the market acknowledges it’s overcooked the level of reversals and in such a scenario, we’d anticipate stronger price recovery. Also, in such a scenario, we shall need revisit the numbers, due to it being impossible (currently) to calculate higher than 65p.

This is obviously now in fingers crossed territory but we suspect it shall prove worth watching in the days ahead.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:08:13PM BRENT 9005 ‘cess
10:11:10PM GOLD 1828 1826 1819 1817 1840 1846 1849 1856 1831 ‘cess
10:13:48PM FTSE 7508.75 ‘cess
10:16:08PM STOX50 4130.3 ‘cess
10:18:59PM GERMANY 15207 15155 15049 14892 15302 15476 15518 15639 15363 Success
10:21:52PM US500 4290
10:44:05PM DOW 33424.7
10:48:18PM NASDAQ 14839 ‘cess
10:50:59PM JAPAN 31616 Success

 

2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%

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

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

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

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

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

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

Click Epic to jump to share: LSE:CEY Centamin** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IGG IG Group** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : Centamin, Genel, Gulf Keystone, IG Group, Standard Chartered, The Trainline,

LSE:CEY Centamin Close Mid-Price: 81.55 Percentage Change: -2.39% Day High: 85.55 Day Low: 81.75

Continued weakness against CEY taking the price below 81.75 calculates as ……..

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LSE:GENL Genel. Close Mid-Price: 88.9 Percentage Change: + 10.99% Day High: 94 Day Low: 81

Continued trades against GENL with a mid-price ABOVE 94 should improve th ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 125 Percentage Change: + 22.07% Day High: 132.9 Day Low: 102.5

It is possible something significant is happening as above 133 looks capab ……..

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LSE:IGG IG Group Close Mid-Price: 625 Percentage Change: -2.87% Day High: 654.5 Day Low: 616

Weakness on IG Group below 616 will invariably lead to 606 with secondary ……..

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LSE:STAN Standard Chartered Close Mid-Price: 753.8 Percentage Change: -0.55% Day High: 766.6 Day Low: 750.4

Continued trades against STAN with a mid-price ABOVE 766.6 should improve ……..

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LSE:TRN The Trainline Close Mid-Price: 274.6 Percentage Change: -1.65% Day High: 287.6 Day Low: 274.8

In the event of The Trainline enjoying further trades beyond 287.6, the s ……..

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