Hummingbird Resources Plc (LSE:HUM) to take wing?

Hummingbird Resources  Plc  (LSE:HUM) #Gold #SP500

The TV show Gold Rush never fails to fascinate, the champion of 2022 being a miner (Parker) who stumbled across over 8,000 ounces of the shiny stuff. Knocking it all into perspective, Hummingbird Plc appear to be anticipating over 140,000 oz annually for the next couple of years and they’ve plenty of future areas still to mine.  While Gold Rush’s Parker has been searching in Alaska and currently Peru to indentify new prospects.

Regular readers will know, we’re addicted to this particular TV show, though often less than enthralled with some of the miners Discovery TV decide to focus on. Some of them couldn’t be relied upon to pull a can of beans out of a cupboard, let alone run a gold mine. A mainstay failure for the last few years decided the route to success was surrounding himself with disabled ex-military, presumably ‘cos they were working for beans and if they could drive a tank, an excavator wouldn’t be different. Needless to say, things didn’t work out, this years season effectively ending with the guys employees taking a collection for him as they wanted to return for another year. It was clearly great fun, big machines, lots of mud, no officers, and no-one shooting at them! And if they found gold, they’d all be millionaires faster than you can say Ponzi Scheme…

 

From reading their website, it’s quite enlightening how the big boys go about the search for gold, both explaining why Parker from Gold Rush is so successful and also, delineating the massive jump required from his current level to the big league. Hummingbird share price is on the edge of some serious movements, requiring only to close a session above 13.25p to hopefully trigger some proper recovery, doubtless mimicking the price of Gold which presently looks like it wants to explore life above $2,100. Surely it’s the case such a potential should impact major gold explorer share prices?

Day trade prices now above 13.75p should promote a near term visit to 17.5p next with secondary, if exceeded, at 21.5p and a price level where the visuals almost guarantee some hesitation due to prior history. Our underlying argument demand the share price close above 13.25p (the price level when the share last broke the Red uptrend since 2016) as this makes such a rise about as close to “safe” as it gets.

If trouble is planned, the share needs below 7.8p to signal an investment in running shoes may be wise, risking a visit to our ultimate bottom of 0.5p.

For now, we’re fairly optimistic about this lots potentials. We’ve displayed a longer term ambition at 33p but there are a few criteria needing confirmed before this can become an official target.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:30:39PM BRENT 82.64 ‘cess
10:34:59PM GOLD 1995 1975 1964 1948 1995 1997 2008 2021 1988 Success
10:36:46PM FTSE 7898
10:39:16PM STOX50 4400.1 Shambles
10:41:24PM GERMANY 15901.33
11:05:49PM US500 4151.57 4129 4125 4108 4148 4166 4174 4189 4144
11:08:02PM DOW 33861.6
11:10:06PM NASDAQ 13078.05 ‘cess
11:12:01PM JAPAN 28537 Success

 

19/04/2023 FTSE Closed at 7898 points. Change of -0.14%. Total value traded through LSE was: £ 4,106,183,420 a change of -11.15%
18/04/2023 FTSE Closed at 7909 points. Change of 0.38%. Total value traded through LSE was: £ 4,621,350,278 a change of -3.08%
17/04/2023 FTSE Closed at 7879 points. Change of 0.1%. Total value traded through LSE was: £ 4,768,055,555 a change of -13.28%
14/04/2023 FTSE Closed at 7871 points. Change of 0.36%. Total value traded through LSE was: £ 5,498,351,712 a change of 11.26%
13/04/2023 FTSE Closed at 7843 points. Change of 0.24%. Total value traded through LSE was: £ 4,941,877,578 a change of -0.83%
12/04/2023 FTSE Closed at 7824 points. Change of -100%. Total value traded through LSE was: £ 4,983,460,119 a change of 0%
11/04/2023 FTSE Closed at 7785 points. Change of 0%. Total value traded through LSE was: £ 6,576,655,503 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:BT.A British Telecom** **LSE:EMG MAN** **LSE:JET Just Eat** **LSE:SBRY Sainsbury** **LSE:TERN Tern Plc** **LSE:TSCO Tesco** **

********

Updated charts published on : British Telecom, MAN, Just Eat, Sainsbury, Tern Plc, Tesco,

LSE:BT.A British Telecom Close Mid-Price: 157.65 Percentage Change: -1.68% Day High: 161.35 Day Low: 158.15

Further movement against British Telecom ABOVE 161.35 should improve acce ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:EMG MAN Close Mid-Price: 208 Percentage Change: -0.10% Day High: 208.3 Day Low: 205.2

Weakness on MAN below 205.2 will invariably lead to 175 with secondary, i ……..

Subscribe for more

</p

View Previous MAN & Big Picture ***

LSE:JET Just Eat. Close Mid-Price: 1438 Percentage Change: + 0.14% Day High: 1506 Day Low: 1346

Continued weakness against JET taking the price below 1346 calculates as l ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

LSE:SBRY Sainsbury. Close Mid-Price: 282.2 Percentage Change: + 0.68% Day High: 283 Day Low: 279.5

In the event of Sainsbury enjoying further trades beyond 283, the share s ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

LSE:TERN Tern Plc Close Mid-Price: 5 Percentage Change: -13.04% Day High: 5.75 Day Low: 4.75

Target met. If Tern Plc experiences continued weakness below 4.75, it wil ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***

LSE:TSCO Tesco. Close Mid-Price: 275.9 Percentage Change: + 0.91% Day High: 277.6 Day Low: 272.6

Further movement against Tesco ABOVE 277.6 should improve acceleration to ……..

Subscribe for more

</p

View Previous Tesco & Big Picture ***

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

Glencore Plc (LSE:GLEN)  

#FTSE #NK225 Swiss company, Glencore Plc, an abbreviation of ‘Global Energy Commodity Resources’ are a pretty core component of the FTSE 100. The company are seriously big, the UK hosting their Oil & Gas head offices and they’re rated as the worlds largest commodity traders. A visit to the company Wikipedia page is highly recommended, their history being utterly fascinating with allegations of corruption almost on a par with the UK’s political classes.

However, given the plethora of fields in which Glencore are active, it’s actually a little surprising how relatively placid the share price has been over the last 10 years. With the company achieving a new all time high in January this year, the share price reaching 584p, we’re curious whether some further good times may be on the horizon, especially as the share price has now broken through its immediate downtrend and appears to be on the edge of challenging its prior highs.

Trading around 498p currently, the immediate situation suggests above 501p should trigger an attempt at 525p next with secondary, if exceeded, at 579p. We suspect this shall prove quite important, once again taking the share price into “all time high” territory where we’re able to calculate the potential of a visit to 693p as a logical Big Picture ambition on this cycle.

 

If things intend go horribly wrong, the share needs below 422p to trigger panic, entering a reversal cycle which should hopefully complete at 297p. Early warning of trouble shall be the price closing below 480p but for now, we’re inclined toward optimism for Glencore’s future.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:36:07PM BRENT 84.6
9:38:16PM GOLD 2004.96
9:40:24PM FTSE 7919.29 7878 7862 7843 7893 7920 7928 7939 7906
9:42:38PM STOX50 4401.7
9:44:43PM GERMANY 15906.94 Success
9:46:49PM US500 4156.87 ‘cess
9:56:03PM DOW 33977 ‘cess
9:59:05PM NASDAQ 13092 ‘cess
10:01:42PM JAPAN 28650 28557 28516 28440 28649 28744 28786 29244 28560 Success

 

18/04/2023 FTSE Closed at 7909 points. Change of 0.38%. Total value traded through LSE was: £ 4,621,350,278 a change of -3.08%
17/04/2023 FTSE Closed at 7879 points. Change of 0.1%. Total value traded through LSE was: £ 4,768,055,555 a change of -13.28%
14/04/2023 FTSE Closed at 7871 points. Change of 0.36%. Total value traded through LSE was: £ 5,498,351,712 a change of 11.26%
13/04/2023 FTSE Closed at 7843 points. Change of 0.24%. Total value traded through LSE was: £ 4,941,877,578 a change of -0.83%
12/04/2023 FTSE Closed at 7824 points. Change of 0.5%. Total value traded through LSE was: £ 4,983,460,119 a change of -24.23%
11/04/2023 FTSE Closed at 7785 points. Change of -100%. Total value traded through LSE was: £ 6,576,655,503 a change of 0%
6/04/2023 FTSE Closed at 7741 points. Change of 0%. Total value traded through LSE was: £ 4,283,125,901 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:AZN Astrazeneca** **LSE:BDEV Barrett Devs** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:IDS International Distribution** **LSE:ODX Omega Diags** **LSE:TERN Tern Plc** **

********

Updated charts published on : AFC Energy, Astrazeneca, Barrett Devs, EasyJet, Glencore Xstra, British Airways, International Distribution, Omega Diags, Tern Plc,

LSE:AFC AFC Energy Close Mid-Price: 19.4 Percentage Change: -3.00% Day High: 20 Day Low: 18.04

If AFC Energy experiences continued weakness below 18.04, it will invaria ……..

Subscribe for more

</p

View Previous AFC Energy & Big Picture ***

LSE:AZN Astrazeneca. Close Mid-Price: 12040 Percentage Change: + 1.83% Day High: 12390 Day Low: 11860

Target met. In the event of Astrazeneca enjoying further trades beyond 12 ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BDEV Barrett Devs. Close Mid-Price: 489.1 Percentage Change: + 0.35% Day High: 490.1 Day Low: 484.4

All Barrett Devs needs are mid-price trades ABOVE 490.1 to improve accele ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:EZJ EasyJet. Close Mid-Price: 519.2 Percentage Change: + 1.60% Day High: 532.6 Day Low: 515

Continued trades against EZJ with a mid-price ABOVE 532.6 should improve ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 498 Percentage Change: + 1.84% Day High: 501 Day Low: 490.6

All Glencore Xstra needs are mid-price trades ABOVE 501 to improve accele ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 150.4 Percentage Change: + 0.07% Day High: 154.5 Day Low: 150.15

Target met. Continued trades against IAG with a mid-price ABOVE 155 shoul ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:IDS International Distribution. Close Mid-Price: 251.4 Percentage Change: + 1.86% Day High: 251.7 Day Low: 246.4

Further movement against International Distribution ABOVE 251.7 should im ……..

Subscribe for more

</p

View Previous International Distribution & Big Picture ***

LSE:ODX Omega Diags Close Mid-Price: 2.5 Percentage Change: -7.41% Day High: 2.7 Day Low: 2.45

Weakness on Omega Diags below 2.45 will invariably lead to 2.28p with sec ……..

Subscribe for more

</p

View Previous Omega Diags & Big Picture ***

LSE:TERN Tern Plc Close Mid-Price: 5.75 Percentage Change: -11.54% Day High: 6.5 Day Low: 5.5

In the event Tern Plc experiences weakness below 5.5 it calculates with a ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***

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

Carnival Plc (LSE:CCL), when the last ship sailed!  

#Gold #WallSt The last “Parked for Pandemic” cruise ship sailed past, the other day. Immediately, we suspected it was Scotlands leading political trougher, Nicola Sturgeon, exploiting a new method of escaping difficult questions, making her way to a country without an extradition treaty. Lacking drama, the real answer is an upturn in demand for cruise liners, causing all the parked ships to leave the River Clyde.

Logically, as the white behemoth sailed out to sea, probably hoping to never, ever, return to its moorings near Glasgow, a place where extremes of weather have always been a proud local joke. An amusing aspect of where the liners were moored came from the local maternity hospital, the windows giving countless new mothers the opportunity to take “selfies” with 4 large cruise ships parked literally behind them.

 

Cruise ship company Carnival Plc had been experiencing a severe share price decline, even prior to Covid sticking the boot in at the start of 2020, and we’re understandably curious as to whether the worst is over. Perhaps the public shall once again revel at the chance of being isolated in a giant petri dish, again at the mercy of whatever causes the next health panic for the world.  The immediate situation for Carnival share price demands it close a session above roughly 749.311p currently, exceeding Blue on the chart and taking a voyage into the realms of discovery. In such a scenario, we can calculate an initial target for the share price at 868p with secondary, if bettered, working out at a longer term 1075p.

Noticeably absent from this prediction is an expectation of a return to the wonderful heights above 35 quid before the pandemic hit and it’s a bit of a nuisance, feeling like an excess of patience shall be required. Currently, the best we can give is of closure above Blue on the chart theoretically allowing a distant 1315p to become a sensible future potential.

Perhaps the company shall start issuing extremely positive results to the market, something which appears doubtful due to the plethora of adverts for heavily discounted cruise ship cabins. However, the last ship has sailed from the River Clyde in Glasgow, so perhaps this means something.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:57:52PM BRENT 84.64 ‘cess
11:00:21PM GOLD 1995.5 1981 1977 1953 1997 2016 2024 2039 1993
11:02:14PM FTSE 7907.94
11:04:22PM STOX50 4386
11:08:07PM GERMANY 15831 ‘cess
11:10:25PM US500 4155.37
11:12:55PM DOW 33984.5 33740 33691 33584 33916 34008 34121 34258 33900 ‘cess
11:16:00PM NASDAQ 13097.59 ‘cess
11:18:23PM JAPAN 28569 ‘cess

 

17/04/2023 FTSE Closed at 7879 points. Change of 0.1%. Total value traded through LSE was: £ 4,768,055,555 a change of -13.28%
14/04/2023 FTSE Closed at 7871 points. Change of 0.36%. Total value traded through LSE was: £ 5,498,351,712 a change of 11.26%
13/04/2023 FTSE Closed at 7843 points. Change of 0.24%. Total value traded through LSE was: £ 4,941,877,578 a change of -0.83%
12/04/2023 FTSE Closed at 7824 points. Change of 0.5%. Total value traded through LSE was: £ 4,983,460,119 a change of -24.23%
11/04/2023 FTSE Closed at 7785 points. Change of 0.57%. Total value traded through LSE was: £ 6,576,655,503 a change of 53.55%
6/04/2023 FTSE Closed at 7741 points. Change of -100%. Total value traded through LSE was: £ 4,283,125,901 a change of 0%
5/04/2023 FTSE Closed at 7662 points. Change of 0%. Total value traded through LSE was: £ 5,017,004,065 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:AML Aston Martin** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:HSBA HSBC** **LSE:IGAS Igas Energy** **LSE:MKS Marks and Spencer** **LSE:ODX Omega Diags** **

********

Updated charts published on : Aston Martin, Avacta, Barclays, BP PLC, British Telecom, HSBC, Igas Energy, Marks and Spencer, Omega Diags,

LSE:AML Aston Martin Close Mid-Price: 232 Percentage Change: -2.93% Day High: 242.2 Day Low: 230.8

Continued trades against AML with a mid-price ABOVE 243 should improve the ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:AVCT Avacta Close Mid-Price: 138.2 Percentage Change: -0.58% Day High: 147.5 Day Low: 134.5

Further movement against Avacta ABOVE 147.5 should improve acceleration to ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***

LSE:BARC Barclays Close Mid-Price: 154.28 Percentage Change: -2.28% Day High: 159.08 Day Low: 153.58

In the event of Barclays enjoying further trades beyond 159.5, the share s ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 543.8 Percentage Change: + 0.52% Day High: 551 Day Low: 543.5

Further movement against BP PLC ABOVE 551 should improve acceleration towa ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 158.75 Percentage Change: + 1.21% Day High: 159.95 Day Low: 157.3

Target Met. Now above 160 suggests the possibility of movement to an initi ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:HSBA HSBC Close Mid-Price: 578.1 Percentage Change: -1.06% Day High: 588.1 Day Low: 573.7

Further movement against HSBC ABOVE 588.1 should improve acceleration tow ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***

LSE:IGAS Igas Energy. Close Mid-Price: 19.46 Percentage Change: + 6.92% Day High: 22.55 Day Low: 18.48

Target met. All Igas Energy needs are mid-price trades ABOVE 22.55 to imp ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 168.65 Percentage Change: + 0.84% Day High: 169.65 Day Low: 167.45

In the event of Marks and Spencer enjoying further trades beyond 169.65, ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

LSE:ODX Omega Diags Close Mid-Price: 2.7 Percentage Change: -6.90% Day High: 2.8 Day Low: 2.55

Target met. Continued weakness against ODX taking the price below 2.55 ca ……..

Subscribe for more

</p

View Previous Omega Diags & Big Picture ***

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

Lloyds Bank (LSE:LLOY)  

#Dax #Brent The S&P 500 index is currently presenting a perfect argument as to why folk dare not trust national index’ as a safe barometer as to how well things are going. Currently, this S&P 500 is up 8.3% this year, an encouraging number by any standards. However, there’s a deeper harsh reality, this level of gain driven by just 20 companies out of 500. The implication, for the residual 480 components of the index, isn’t great. Once the top 20 are discounted, the index itself only moved by just over 1%.

Similar poisonous behaviour also infects the FTSE 100, up by 5.1% so far this year, but the market is also away with many respectable shares doing very little of interest. Which, needless to say, brings us to Lloyds bank, up by 3.1% this year. One aspect of Lloyds share price behaviour which continues to bother us is the share price’s failure to attempt to pre-pandemic price level of 58p. Both Barclays and Natwest proved able to exceed this particular low bar but alas, in the case of Lloyds, the share price appears to be viewing the pre-pandemic price as a Limbo Dance price bar, ensuring it remains below rather than risk doing anything valuable for investors!

 

From a Big Picture perspective, the share price needs now exceed 52.4p to apparently trigger movement to an initial 57p with secondary, if bettered, at 62.7p. In the event trouble is planned, the share price needs weaken below 45p as this risks provoking reversal to an initial 41.7p with secondary, if broken, a quite dangerous 36p, within reach of a hopeful ultimate bottom of just 30p.

For now, with Lloyds we’ve too many reasons to lack any optimism for the immediate future.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
5:24:00PM BRENT 86.34 85.15 84.51 83.61 86.38 87.21 87.38 87.91 85.6
5:25:39PM GOLD 2003
5:27:18PM FTSE 7873
5:29:19PM STOX50 4376
5:31:18PM GERMANY 15826.5 15757 15723 15682 15803 15846 15880 15919 15789
5:32:50PM US500 4137
5:35:08PM DOW 33807
5:37:23PM NASDAQ 13038
5:39:11PM JAPAN 28452

 

14/04/2023 FTSE Closed at 7871 points. Change of 0.36%. Total value traded through LSE was: £ 5,498,351,712 a change of 11.26%
13/04/2023 FTSE Closed at 7843 points. Change of 0.24%. Total value traded through LSE was: £ 4,941,877,578 a change of -0.83%
12/04/2023 FTSE Closed at 7824 points. Change of 0.5%. Total value traded through LSE was: £ 4,983,460,119 a change of -24.23%
11/04/2023 FTSE Closed at 7785 points. Change of 0.57%. Total value traded through LSE was: £ 6,576,655,503 a change of 53.55%
6/04/2023 FTSE Closed at 7741 points. Change of 1.03%. Total value traded through LSE was: £ 4,283,125,901 a change of -14.63%
5/04/2023 FTSE Closed at 7662 points. Change of 0.37%. Total value traded through LSE was: £ 5,017,004,065 a change of -11.84%
4/04/2023 FTSE Closed at 7634 points. Change of -100%. Total value traded through LSE was: £ 5,690,797,913 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:AML Aston Martin** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

********

Updated charts published on : Aston Martin, Avacta, Astrazeneca, Barclays, British Telecom, Carclo, Glencore Xstra, HSBC, Oxford Instruments, Spirax,

LSE:AML Aston Martin. Close Mid-Price: 239 Percentage Change: + 3.11% Day High: 242 Day Low: 230.2

Continued trades against AML with a mid-price ABOVE 242 should improve th ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:AVCT Avacta. Close Mid-Price: 139 Percentage Change: + 6.11% Day High: 142.5 Day Low: 133

Further movement against Avacta ABOVE 142.5 should improve acceleration t ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***

LSE:AZN Astrazeneca Close Mid-Price: 11892 Percentage Change: -0.20% Day High: 11990 Day Low: 11880

Further movement against Astrazeneca ABOVE 11990 should improve accelerat ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BARC Barclays. Close Mid-Price: 157.88 Percentage Change: + 3.23% Day High: 158.58 Day Low: 153.04

Target met. In the event of Barclays enjoying further trades beyond 158.5 ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 156.85 Percentage Change: + 0.84% Day High: 158.3 Day Low: 156.35

Target met. All British Telecom needs are mid-price trades ABOVE 158.3 to ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:CAR Carclo Close Mid-Price: 10.8 Percentage Change: -13.43% Day High: 11.2 Day Low: 10.5

Target met. If Carclo experiences continued weakness below 10.5, it will ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 491.7 Percentage Change: + 0.83% Day High: 499.8 Day Low: 490.3

In the event of Glencore Xstra enjoying further trades beyond 499.8, the ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:HSBA HSBC. Close Mid-Price: 584.3 Percentage Change: + 3.00% Day High: 587.4 Day Low: 563.3

All HSBC needs are mid-price trades ABOVE 587.4 to improve acceleration t ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***

LSE:OXIG Oxford Instruments. Close Mid-Price: 2685 Percentage Change: + 3.87% Day High: 2745 Day Low: 2615

Target met. Continued trades against OXIG with a mid-price ABOVE 2745 sho ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***

LSE:SPX Spirax. Close Mid-Price: 11640 Percentage Change: + 0.43% Day High: 11845 Day Low: 11595

Further movement against Spirax ABOVE 11845 should improve acceleration t ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***

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

FTSE for FRIDAY & a bit of Bitcoin (FTSE:UKX & COIN:BTCUSD)

#FTSE #Bitcoin As we go into the weekend with new snow on the mountains in Argyll, our lawn is finally cut, there’s reason for optimism. And of course, some puzzlement. The FTSE is looking capable of tracing new highs, Bitcoin looks like it’s about to enter a recovery phase, even Gold looks like it’s about to attempt to new levels above $2100.

 

Our puzzlement comes from conventional wisdom, essentially if the markets are tanking, smart money is supposed to head elsewhere like Gold or Bitcoin. But the markets, while certainly lacking flamboyant gestures, continue to exhibit gains on almost a daily basis. Firstly, we want to examine Bitcoin as it feels like it’s on the edge of doing something clever.

Currently, it appears Bitcoin (trading around 30,300 USD at time of writing) need only exceed 30,575 to apparently trigger a gain in the direction of $33,186, a fairly useful little jump. Our secondary, however, is of special interest as should this initial target be exceeded, we are calculating $47,938 as a secondary, a price level not seen for 12 months. Visually, it makes a lot of sense but do pay attention to the initial target as it “really” needs exceeded to better a funny batch of movements last year, making a strong lift to our $47k level a viable proposition.

For everything to go wrong for Bitcoin, it needs below $23,500 to spoil the party.

 

FTSE for Friday We’re a little hacked off about the UK Aim market once again riding second fiddle to the FTSE, making a series of pretty useless movements rather than exhibit the very real strength shown when it enacted pandemic recovery, quite literally leaving the FTSE 100 in the dust. However, movements since the start of 2022 almost felt the junior exchange was facing payback for its temerity and only now, are there slight signs things may be improving. But we need see the AIM above 900 points (currently 825 points) to start thinking happy thoughts again.

As for the FTSE, it’s looking very like the index is planning another forage into the land of higher highs.

Currently, above 7862 points should hopefully trigger gains to an initial 7913 points with secondary, if bettered, at 7970, a price level where the visuals suggest hesitation is possible. However, were it not for the previous stall at this level at the start of March, our secondary would work out at 8080 points but, in this instance, our software is probably taking the wiser stance. Market gains recently are proving slow and steady, making us wonder what shall be required to see days of 100+ point movements return. Perhaps a return to Government by Liz Truss will be needed to shake things up, ideally the Scottish Govt where many senior folk have resigned, doubtless pending police investigation results.

Our alternate scenario requires the FTSE to slither below 7808 points, risking a slight reversal cycle to an initial 7760 with secondary, if broken, at 7703 points and hopefully yet another bounce.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:21:33PM BRENT 86.02 85.17 84.32 86.15 87.2 87.61 86.3
10:23:38PM GOLD 2040.56 2015 2012 2030 2045 2051 2033 Success
10:25:38PM FTSE 7862.03 7794 7772 7830 7867 7872 7843
10:27:35PM STOX50 4374.4 4338 4326 4362 4377 4388 4357
10:37:10PM GERMANY 15767.26 15671 15650 15739 15782 15798 15732
10:47:53PM US500 4144.62 4110 4094 4125 4148 4152 4128
10:50:35PM DOW 34000.5 33585 33555 33785 34059 34065 33900
10:53:30PM NASDAQ 13087.84 12995 12974 13047 13122 13146 13047
10:55:28PM JAPAN 28368 28088 27955 28233 28426 28518 28301 Success

 

13/04/2023 FTSE Closed at 7843 points. Change of 0.24%. Total value traded through LSE was: £ 4,941,877,578 a change of -0.83%
12/04/2023 FTSE Closed at 7824 points. Change of 0.5%. Total value traded through LSE was: £ 4,983,460,119 a change of -24.23%
11/04/2023 FTSE Closed at 7785 points. Change of 0.57%. Total value traded through LSE was: £ 6,576,655,503 a change of 53.55%
6/04/2023 FTSE Closed at 7741 points. Change of 1.03%. Total value traded through LSE was: £ 4,283,125,901 a change of -14.63%
5/04/2023 FTSE Closed at 7662 points. Change of 0.37%. Total value traded through LSE was: £ 5,017,004,065 a change of -11.84%
4/04/2023 FTSE Closed at 7634 points. Change of -100%. Total value traded through LSE was: £ 5,690,797,913 a change of 0%
3/04/2023 FTSE Closed at 7673 points. Change of 0%. Total value traded through LSE was: £ 6,510,009,325 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:AML Aston Martin** **LSE:AZN Astrazeneca** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:NG. National Glib** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Astrazeneca, Barrett Devs, Carclo, Genel, Glencore Xstra, National Glib, Sainsbury, Scancell, Tesco,

LSE:AML Aston Martin Close Mid-Price: 231.8 Percentage Change: -0.09% Day High: 240 Day Low: 231.6

Target met. All Aston Martin needs are mid-price trades ABOVE 240 to impr ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:AZN Astrazeneca. Close Mid-Price: 11916 Percentage Change: + 0.80% Day High: 11912 Day Low: 11792

Continued trades against AZN with a mid-price ABOVE 11912 should improve ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BDEV Barrett Devs. Close Mid-Price: 478.2 Percentage Change: + 2.38% Day High: 488.6 Day Low: 473.7

Target met. In the event of Barrett Devs enjoying further trades beyond 4 ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:CAR Carclo Close Mid-Price: 12.47 Percentage Change: -5.67% Day High: 0 Day Low: 0

Continued weakness against CAR taking the price below 12.47 calculates as ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

LSE:GENL Genel. Close Mid-Price: 134 Percentage Change: + 5.51% Day High: 136.2 Day Low: 126

Continued trades against GENL with a mid-price ABOVE 136.2 should improve ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 487.65 Percentage Change: + 0.84% Day High: 492.2 Day Low: 479.8

Further movement against Glencore Xstra ABOVE 492.2 should improve accele ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:NG. National Glib Close Mid-Price: 1144 Percentage Change: -0.82% Day High: 1156 Day Low: 1140

All National Grid needs are mid-price trades ABOVE 1156 to improve accele ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

LSE:SBRY Sainsbury Close Mid-Price: 278.2 Percentage Change: -0.61% Day High: 281.6 Day Low: 277.3

Continued trades against SBRY with a mid-price ABOVE 281.6 should improve ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

LSE:SCLP Scancell. Close Mid-Price: 20.5 Percentage Change: + 5.13% Day High: 20.75 Day Low: 19.5

In the event of Scancell enjoying further trades beyond 20.75, the share ……..

Subscribe for more

</p

View Previous Scancell & Big Picture ***

LSE:TSCO Tesco. Close Mid-Price: 269 Percentage Change: + 0.60% Day High: 275.5 Day Low: 268.5

All Tesco needs are mid-price trades ABOVE 275.5 to improve acceleration ……..

Subscribe for more

</p

View Previous Tesco & Big Picture ***

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

Springtime, for Kingfisher Plc (LSE:KGF)

#FTSE #WallSt It’s that time of the year when our thoughts turn to Kingfisher, owners of B&Q. A series of frustrating setbacks while servicing our little red tractor provoked a genuine “down tools” moment, along with the announcement of a need to visit the mainland and go to B&Q. When asked what was needed, a glib answer of “a break from than little red hellish machine” didn’t entirely satisfy, especially as B&Q are not famed for their supply of tractor parts.

But the store has its uses, almost as mentally soothing as wandering aimlessly in a book shop or once, in electronics stores.

The tractor, usually fairly well behaved, generally needs an oil and filters change at the start of the season, grease pumped everywhere, tyre pressures checked, and invariably some minor welding on the grass cutting deck. Today was different. There was a fresh dusting of snow on the hills here in Argyll and clambering around the small tractor wasn’t an attractive proposition. After connecting up the freshly charged battery, turning the key produced nothing, no clicks, no warning lights, just utter silence. This was half expected, the ignition switch previously needing “shoogled” to tempt the thing into starting, so it was clearly time to fit the replacement I’d ordered when the machine was put away for winter. In an effort to win favour with it, I’d also ordered a new starter solenoid, just in case.

After a few hours, the new parts were comfortably in place, the new key turned, and there was still nothing, except the hills were getting a little more white. It was time to actually do some diagnosis with a volt meter, checking continuity through every single cable on the ignition circuit. Obviously, before going to any of this effort, the fuse board had been checked. After a lot more work, the little red tractor now concealed under an ever growing pile of displaced parts, the dashboard had been removed and it was now time to check the “topple switch” under the seat, something designed to detect if the driver has fallen off or the tractor has toppled. Obviously, this switch was working perfectly but when checking the wiring for it, the discovery of an in-line fuse provoked an immediate sinking feeling. There was a tiny little  20 amp fuse which had blown, thus ensuring nothing on the tractor would work. Once the laughter stopped, it was the work of hours to put everything back together, gentle puffs of snow blowing into the shed to assist in making the day more pleasant.

So, I’m going to visit B&Q with the intention of standing gazing at some self propelled lawnmowers. Perhaps the tedious 1.5 mile walk while cutting grass shall not be as unpleasant as memory dictates. Or maybe the job of servicing the little red tractor shall continue with no further unpleasantness!

And this is why the inspiration to review Kingfisher appeared.

 

Currently, things don’t look that great for the owners of B&Q (and Screwfix etc), their share price threatening reversal to 222p with any further movement below 242p.  Visually, there’s a reasonable argument hoping for a bounce at such a level, due to the coincidence of the Red uptrend on the chart and a prior share price low at the end of last year. Things become a little unpleasant with any break of 222p as a visit to 201p looks extremely possible.

Trading around 253p at present, their share price calculates as needing above 288p to trigger a confident looking recovery cycle, giving an initial ambition at 318p with secondary, if bettered, at a longer term 343p. On the chart, we’ve teased with a distant looking 392p, almost certainly a share price level which should provoke hesitation, and suspect this shall not become an issue unless our little red tractor disgraces itself, forcing the purchase of a lawnmower from B&Q…

  

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:29:22PM BRENT 87 Success
9:44:38PM GOLD 2014.7 Success
9:47:05PM FTSE 7811.85 7803 7793 7754 7833 7858 7885 8087 7771 Success
9:49:06PM STOX50 4338.5 Success
10:06:41PM GERMANY 15682 Success
10:08:34PM US500 4091.32 Success
10:13:08PM DOW 33622.5 33595 33456 33289 33735 33957 34192 34320 33567 ‘cess
10:15:58PM NASDAQ 12851.17 Shambles
10:17:59PM JAPAN 27901 Success

 

12/04/2023 FTSE Closed at 7824 points. Change of 0.5%. Total value traded through LSE was: £ 4,983,460,119 a change of -24.23%
11/04/2023 FTSE Closed at 7785 points. Change of 0.57%. Total value traded through LSE was: £ 6,576,655,503 a change of 53.55%
6/04/2023 FTSE Closed at 7741 points. Change of 1.03%. Total value traded through LSE was: £ 4,283,125,901 a change of -14.63%
5/04/2023 FTSE Closed at 7662 points. Change of 0.37%. Total value traded through LSE was: £ 5,017,004,065 a change of -11.84%
4/04/2023 FTSE Closed at 7634 points. Change of -0.51%. Total value traded through LSE was: £ 5,690,797,913 a change of -12.58%
3/04/2023 FTSE Closed at 7673 points. Change of -100%. Total value traded through LSE was: £ 6,510,009,325 a change of 0%
31/03/2023 FTSE Closed at 7631 points. Change of 0%. Total value traded through LSE was: £ 6,002,582,813 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:AML Aston Martin** **LSE:AZN Astrazeneca** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CNA Centrica** **LSE:IGAS Igas Energy** **LSE:IQE IQE** **LSE:PHP Primary Health** **LSE:SCLP Scancell** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Astrazeneca, BP PLC, British Telecom, Centrica, Igas Energy, IQE, Primary Health, Scancell, The Trainline, Tesco,

LSE:AML Aston Martin. Close Mid-Price: 232 Percentage Change: + 1.93% Day High: 236.2 Day Low: 223.8

In the event of Aston Martin enjoying further trades beyond 236.2, the sh ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:AZN Astrazeneca. Close Mid-Price: 11822 Percentage Change: + 1.65% Day High: 11872 Day Low: 11614

All Astrazeneca needs are mid-price trades ABOVE 11872 to improve acceler ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 539.6 Percentage Change: + 0.48% Day High: 543.7 Day Low: 535.8

Further movement against BP PLC ABOVE 543.7 should improve acceleration t ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 154.9 Percentage Change: + 1.34% Day High: 156.9 Day Low: 152.85

In the event of British Telecom enjoying further trades beyond 156.9, the ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:CNA Centrica. Close Mid-Price: 113.45 Percentage Change: + 0.49% Day High: 116.05 Day Low: 113.05

All Centrica needs are mid-price trades ABOVE 116.05 to improve accelerat ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***

LSE:IGAS Igas Energy. Close Mid-Price: 17.74 Percentage Change: + 2.48% Day High: 18.48 Day Low: 16.84

Continued trades against IGAS with a mid-price ABOVE 18.48 should improve ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:IQE IQE Close Mid-Price: 24 Percentage Change: -4.19% Day High: 25.1 Day Low: 23.6

If IQE experiences continued weakness below 23.6, it will invariably lead ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:PHP Primary Health. Close Mid-Price: 106.8 Percentage Change: + 1.14% Day High: 108.3 Day Low: 105.5

All Primary Health needs are mid-price trades ABOVE 108.3 to improve acce ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

LSE:SCLP Scancell. Close Mid-Price: 19.5 Percentage Change: + 14.71% Day High: 20 Day Low: 17

Continued trades against SCLP with a mid-price ABOVE 20 should improve th ……..

Subscribe for more

</p

View Previous Scancell & Big Picture ***

LSE:TRN The Trainline Close Mid-Price: 232.6 Percentage Change: -1.44% Day High: 238.2 Day Low: 226.6

If The Trainline experiences continued weakness below 226.6, it will inva ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

LSE:TSCO Tesco Close Mid-Price: 267.4 Percentage Change: -0.11% Day High: 268.6 Day Low: 264.4

Continued trades against TSCO with a mid-price ABOVE 268.6 should improve ……..

Subscribe for more

</p

View Previous Tesco & Big Picture ***

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

BT Group (LSE:BT.A), looking strangely positive!

#Gold #DAX Typically, we trawl Google News for some salacious gossip regarding whatever share is our focus on any particular evening. Today, for a change, we’d a slightly different motive as BT’s share price appears to be making some positive movements. Surely nothing to do with their relationship with Amazon Web Services (AWS) as it’s difficult to identify any real benefit for BT from this partnership.

Yet, the BT Group newsroom continue to issue Press Releases waxing lyrical about their collaboration, the most recent containing the sentence; “This allows BT customers to benefit from improved simplicity when purchasing via AWS Marketplace”.

It’s pretty sane to suggest if Amazon identify a method by which purchasing from Amazon can be made simpler, they shall roll it out for all their customers, not just BT’s. And why is there no mention of BT actually profiting from any of these simplified purchases?

 

However, aside from our cynical nature, it feels like the market has seen something about BT as their share price looks poised to experience some gains.

There is a pretty solid looking downtrend which dates back to 2016 and currently, price movements exceeding 154.05p should make an attempt at an initial 161p next. As the chart below highlights, this implies a challenge of the Blue downtrend, along with a theory of closure above 161p entering a zone where we can dare speculate on the potential of longer term traffic to a future 211p. While conventional wisdom suggests the risk of some hesitation at such a level, due to the share price’s historical behaviour, the perceived Glass Ceiling is around the 208p level, allowing significant hope the share price shall find any delay just above the 2 quid level as being a fleeting impediment. We shall revisit our analysis should such a level be achieved as some quite strong long term recovery becomes possible.

 

A converse picture demands the share price dial itself back below 134p to ring a wrong number as an initial 129 calculates as possible with secondary, if broken, at 106p and hopefully a trampoline empowered bottom. The implications, should 106p ever break, are silly.

  

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:15:52PM BRENT 85.4 Shambles
9:18:10PM GOLD 2004.19 1995 1992 1987 2003 2007.5 2014 2025 2000
9:26:22PM FTSE 7791.56 Success
9:27:53PM STOX50 4339.7
9:30:21PM GERMANY 15682.86 15622 15589 15540 15677 15710 15742 15782 15663
9:32:26PM US500 4116.47 ‘cess
9:34:51PM DOW 33718.2 Success
9:36:50PM NASDAQ 12988.55 Shambles
9:38:44PM JAPAN 28041 Success

 

11/04/2023 FTSE Closed at 7785 points. Change of 0.57%. Total value traded through LSE was: £ 6,576,655,503 a change of 53.55%
6/04/2023 FTSE Closed at 7741 points. Change of 1.03%. Total value traded through LSE was: £ 4,283,125,901 a change of -14.63%
5/04/2023 FTSE Closed at 7662 points. Change of 0.37%. Total value traded through LSE was: £ 5,017,004,065 a change of -11.84%
4/04/2023 FTSE Closed at 7634 points. Change of -0.51%. Total value traded through LSE was: £ 5,690,797,913 a change of -12.58%
3/04/2023 FTSE Closed at 7673 points. Change of 0.55%. Total value traded through LSE was: £ 6,510,009,325 a change of 8.45%
31/03/2023 FTSE Closed at 7631 points. Change of -100%. Total value traded through LSE was: £ 6,002,582,813 a change of 0%
30/03/2023 FTSE Closed at 7620 points. Change of 0%. Total value traded through LSE was: £ 4,859,647,247 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:AML Aston Martin** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:CNA Centrica** **LSE:HSBA HSBC** **LSE:IGAS Igas Energy** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:PHP Primary Health** **

********

Updated charts published on : Aston Martin, Astrazeneca, Barclays, Block Energy PLC, British Telecom, Centrica, HSBC, Igas Energy, Just Eat, Lloyds Grp., Primary Health,

LSE:AML Aston Martin. Close Mid-Price: 227.6 Percentage Change: + 3.36% Day High: 230.4 Day Low: 221.8

Further movement against Aston Martin ABOVE 230.4 should improve accelera ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:AZN Astrazeneca Close Mid-Price: 11630 Percentage Change: -0.60% Day High: 11786 Day Low: 11574

In the event of Astrazeneca enjoying further trades beyond 11786, the sha ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BARC Barclays. Close Mid-Price: 152.54 Percentage Change: + 0.61% Day High: 154.06 Day Low: 151.78

Further movement against Barclays ABOVE 154.06 should improve acceleratio ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

LSE:BLOE Block Energy PLC. Close Mid-Price: 1.95 Percentage Change: + 34.48% Day High: 1.98 Day Low: 1.5

Target met. In the event of Block Energy PLC enjoying further trades beyo ……..

Subscribe for more

</p

View Previous Block Energy PLC & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 152.85 Percentage Change: + 2.31% Day High: 153.85 Day Low: 150.4

Continued trades against BT.A with a mid-price ABOVE 153.85 should improv ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:CNA Centrica. Close Mid-Price: 112.9 Percentage Change: + 1.39% Day High: 114.6 Day Low: 111.35

Target met. Further movement against Centrica ABOVE 114.6 should improve ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***

LSE:HSBA HSBC Close Mid-Price: 562.4 Percentage Change: -0.09% Day High: 564.4 Day Low: 558.3

This continues to refuse to do anything interesting. However, now above 56 ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***

LSE:IGAS Igas Energy. Close Mid-Price: 17.31 Percentage Change: + 0.12% Day High: 17.8 Day Low: 16

In the event of Igas Energy enjoying further trades beyond 17.8, the shar ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:JET Just Eat. Close Mid-Price: 1344 Percentage Change: + 1.13% Day High: 1356 Day Low: 1294

Continued weakness against JET taking the price below 1294 calculates as ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.43 Percentage Change: + 0.84% Day High: 49.9 Day Low: 48.91

Target met. Continued trades against LLOY with a mid-price ABOVE 49.9 sho ……..

Subscribe for more

</p

View Previous Lloyds Grp. & Big Picture ***

LSE:PHP Primary Health. Close Mid-Price: 105.6 Percentage Change: + 0.96% Day High: 106.3 Day Low: 103.9

Further movement against Primary Health ABOVE 106.3 should improve accele ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

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