Trends And Targets

#FTSE #Gold

As 2022 slid downhill toward 2023, we expressed frustration at many “respected market experts” predicting recession and dire times ahead in 2023. We could see quite the opposite. Even the current UK PM joined in the chorus of doom. Unsurprisingly, the FTSE just closed at Its Highest Level Ever, perhaps letting folk know just how competent “the experts” are.

We’d voiced considerable scepticism, due to many little signals in the market making us believe “the experts” were talking absolute rubbish, each joining in a gossip game which could possibly be traced back to a single source. Considerable back-pedalling has been taking place during the last week, both the US and UK treasuries now trying hard to correct their previous statements, without any apology. This nonsense actually matters as clickbait thinking amongst “the market experts” work on the mindset of many private investors, often causing folk to sell early when they should really hold. Equally, they create a mood where private investors will often be quite literally afraid of making a buy decision.

And, to reiterate, the FTSE just closed a session at its Highest Level Ever with 7911 points, obviously considerably disappointing the Bank of England. Quite why we’re supposed to trust an institution whose idea of tackling inflation was to use interest rates to push up prices, defeats us.

 

As for Friday, we’re curious whether the FTSE shall do similar to shares, when they paint a new high. Invariably, the next day produces some reversals, generally fairly short lived as the following week will often show improved confidence.

To take a positive stance first, above 7940 should next make an attempt at 7961 points with secondary, if beaten, at 7990 points. If triggered, the tightest stop looks like just 7910 points.

Our converse scenario is a little less confident, due to something freakish which often happens in a climbing market. Should a value start to recede, our initial target level will usually be hit, often broken, but our secondary is rarely hit. Over the years, we’ve attempted to quantify this behaviour but, similar to Twitter execs currently before the US congress, there appears to be no rhyme or reason to what is happening. Only when our secondary targets start being regularly broken does it become clear the market has possibly changed direction.

Currently, below 7910 calculates with the potential of a visit to an initial 7880 points. If broken, our secondary works out at 7846 points.

The next few sessions should prove interesting. Have a good weekend.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:55:05PM	BRENT	84.06	83.4	82.68		84.48	84.7	85.235		83.8	‘cess
9:57:21PM	GOLD	1860.92	1859	1848		1873	1877	1884		1865	‘cess
9:59:35PM	FTSE	7906.33	7892	7884		7918	7930	7940		7910	Shambles
10:01:58PM	STOX50	4233.1	4218	4194		4250	4255	4261		4235	Success
10:04:20PM	GERMANY	15455	15403	15377		15503	15553	15603		15473	Success
10:09:04PM	US500	4088.17	4068	4043		4093	4132	4140		4104	Success
10:11:28PM	DOW	33722.3	33589	33318		33776	33933	34062		33812
10:19:31PM	NASDAQ	12408	12364	12319		12444	12577	12622		12455	Success
10:21:49PM	JAPAN	27549	27504	27436		27570	27641	27679		27564

 

9/02/2023 FTSE Closed at 7911 points. Change of 0.33%. Total value traded through LSE was: £ 7,130,980,933 a change of 23.74%

8/02/2023 FTSE Closed at 7885 points. Change of 0.27%. Total value traded through LSE was: £ 5,763,001,863 a change of -1.93%

7/02/2023 FTSE Closed at 7864 points. Change of 0.36%. Total value traded through LSE was: £ 5,876,288,872 a change of 0.42%

6/02/2023 FTSE Closed at 7836 points. Change of -0.82%. Total value traded through LSE was: £ 5,851,906,357 a change of 5.01%

3/02/2023 FTSE Closed at 7901 points. Change of 1.04%. Total value traded through LSE was: £ 5,572,467,076 a change of -26.46%

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

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:BP. BP PLC** **LSE:HSBA HSBC** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:STAN Standard Chartered** **

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Updated charts published on : Aston Martin, Astrazeneca, Barclays, BP PLC, HSBC, ITV, Lloyds Grp., Standard Chartered,

LSE:AML Aston Martin. Close Mid-Price: 182.5 Percentage Change: + 2.96% Day High: 188.4 Day Low: 175.55

Continued trades against AML with a mid-price ABOVE 189 should improve the ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 11190 Percentage Change: + 4.07% Day High: 11348 Day Low: 10878

Some sort of miracle has taken place. Above 11348 now should attempt an in ……..

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LSE:BARC Barclays Close Mid-Price: 189.6 Percentage Change: -0.06% Day High: 193.16 Day Low: 189.56

All Barclays needs are mid-price trades ABOVE 193.2 to improve acceleratio ……..

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LSE:BP. BP PLC. Close Mid-Price: 545.7 Percentage Change: + 2.34% Day High: 545.3 Day Low: 532.1

Target Met. Now above 546 allows for an initial 555p with secondary, if be ……..

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LSE:HSBA HSBC. Close Mid-Price: 615.8 Percentage Change: + 0.56% Day High: 620.4 Day Low: 610

Continued trades against HSBA with a mid-price ABOVE 620.4 should improve ……..

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LSE:ITV ITV. Close Mid-Price: 90.06 Percentage Change: + 0.18% Day High: 96.56 Day Low: 88.96

Target met. In the event of ITV enjoying further trades beyond 96.56, the ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 53.97 Percentage Change: + 0.60% Day High: 54.33 Day Low: 53.5

Further movement against Lloyds Grp. ABOVE 54.33 should improve accelerat ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 767.6 Percentage Change: + 11.44% Day High: 772.4 Day Low: 686.4

This has gotten interesting as above 773 now suggests coming movement to a ……..

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

#Gold #WallSt

Sometimes it can feel like an off-the-cuff comment is just silly. For instance, some days it’s easy to believe the stock markets concentrate on shares in alphabetical order. Tuesday and Wednesday this week have proven this to be the case. Shares requiring updated literally ALL resided in the first half of the alphabet, the A-M section. The latter half of the alphabet, the infamous N-Z sector didn’t require any updates.

This doesn’t mean shares at the back end of the list didn’t move, of course they did but the most popular ones residing in our 80 share report list didn’t meet any of our criteria for an update.

It appears this sort of “Alphabet Discrimination” has been going on for shares as we now notice, our share listings used to be evenly split, 40 popular shares from each half of the alphabet. But as the years pass, client requests changed this balance and now, we’ve 54 shares in the A-M sector and just 26 from the N-Z sector. Subconsciously, clients also appear to have noticed this discrimination and changed focus as they prefer shares which actually do something.

Writing about this subject almost makes us feel deserving of full membership for the tin-foil hat brigade but in this instance, we’ve got the data to back it up. The only problem is fairly obvious. Selecting a share from the first 13 letters of the alphabet only tends ensure it shall be active, faster. The problem is one of direction as there’s absolutely no certainty it shall head up!

 

A request for us to take a look at Alpha Growth Plc, a financial  advisory business providing specialist consultancy, advisory, and supplementary services to institutional and qualified investors globally in the multi-billion dollar market of longevity assets, (quoting from their website) prompted us to remember the alphabet game with the stock market. In accordance with our criteria, this share price hit a logical bottom back in August last year and is allegedly due a rebound. The 16% share price rise on Wednesday  actually achieved something folk of a sane disposition will miss.

It closed the session at a mid-price of 2.9p, perhaps not very impressive unless one takes account of the position of the Blue downtrend since 2021. For Wednesday, this trend line was at roughly 2.879p and this, Alpha Growth actually closed a session above the trend. As a result, we can claim it’s poised and ready to move.

Now above just 2.95 calculates with the potential of a lift to 3.33p next with our secondary, if bettered, working out at a longer term 4.24p, a target level which makes arithmetic sense. But none visually.

 

Our converse scenario for Alpha only comes, if the share price manages below 2p. Such a calamity is dangerous, currently giving 0.99p as a last ditch bottom.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:51:21PM	BRENT	84.63									‘cess
9:53:22PM	GOLD	1875.71	1865	1859	1850	1883	1886	1892	1903	1873
9:56:19PM	FTSE	7893.04									Success
9:59:10PM	STOX50	4223
10:04:30PM	GERMANY	15455.33									‘cess
10:07:25PM	US500	4123.37
10:10:27PM	DOW	34006.4	33888	33852	33724	34078	34244	34327	34472	34024
10:14:00PM	NASDAQ	12518.2
10:18:28PM	JAPAN	27404									‘cess

 

8/02/2023 FTSE Closed at 7885 points. Change of 0.27%. Total value traded through LSE was: £ 5,763,001,863 a change of -1.93%

7/02/2023 FTSE Closed at 7864 points. Change of 0.36%. Total value traded through LSE was: £ 5,876,288,872 a change of 0.42%

6/02/2023 FTSE Closed at 7836 points. Change of -0.82%. Total value traded through LSE was: £ 5,851,906,357 a change of 5.01%

3/02/2023 FTSE Closed at 7901 points. Change of 1.04%. Total value traded through LSE was: £ 5,572,467,076 a change of -26.46%

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

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:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:CPI Capita** **LSE:FOXT Foxtons** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:ITRK Intertek** **LSE:ITV ITV** **

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Updated charts published on : Avacta, BP PLC, British Telecom, Cellular Goods, Capita, Foxtons, Hikma, HSBC, Intertek, ITV,

LSE:AVCT Avacta. Close Mid-Price: 185 Percentage Change: + 1.09% Day High: 187.5 Day Low: 180

In the event of Avacta enjoying further trades beyond 188, the share shoul ……..

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LSE:BP. BP PLC. Close Mid-Price: 533.2 Percentage Change: + 3.25% Day High: 533.7 Day Low: 523.9

Target Met. Further movement against BP PLC ABOVE 515.4 should improve acc ……..

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LSE:BT.A British Telecom. Close Mid-Price: 138.2 Percentage Change: + 3.33% Day High: 139.4 Day Low: 133.45

Target Met. Now above 140p suggests traffic coming to an initial 144 with ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.5 Percentage Change: -23.08% Day High: 0.6 Day Low: 0.45

Target Met or near enough. Now below 0.44 calculates with the risk of 0.4p ……..

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LSE:CPI Capita. Close Mid-Price: 29 Percentage Change: + 2.98% Day High: 29.8 Day Low: 27.7

All Capita needs are mid-price trades ABOVE 30 to improve acceleration tow ……..

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LSE:FOXT Foxtons. Close Mid-Price: 39.05 Percentage Change: + 2.23% Day High: 40 Day Low: 37.15

Further movement against Foxtons ABOVE 40 should improve acceleration towa ……..

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LSE:HIK Hikma. Close Mid-Price: 1737 Percentage Change: + 0.40% Day High: 1764 Day Low: 1737

All Hikma needs are mid-price trades ABOVE 1764 to improve acceleration to ……..

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LSE:HSBA HSBC. Close Mid-Price: 612.4 Percentage Change: + 1.22% Day High: 612.8 Day Low: 604.2

Further movement against HSBC ABOVE 613 should improve acceleration toward ……..

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LSE:ITRK Intertek. Close Mid-Price: 4495 Percentage Change: + 0.56% Day High: 4544 Day Low: 4482

It looks like movement next above 4544 should attempt an initial 4657 with ……..

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LSE:ITV ITV. Close Mid-Price: 89.9 Percentage Change: + 3.76% Day High: 89.98 Day Low: 86.4

Now above 90 indicates the potential of a visit to 94 next with secondary, ……..

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

#FTSE #Stoxx50

News oil isn’t actually a “fossil fuel” but instead, something which is probably renewable, came as a surprise. The whole “fossil fuel” fabrication was blamed on John D Rockefellar, head honcho of Standard Oil, and keen to pretend oil was a scarce resource which would run out eventually. While he certainly didn’t coin the term “fossil fuel”, creating an impression the 2nd most prevalent liquid on the planet after water, was going to be scarce didn’t do any harm to the fledgling oil industry at the end of the 19th century.

Of course, whether the supply of oil actually regenerates is a difficult concept, given we’re dealing with geological time, the only thing slower than getting a direct answer from a politician.

It’s almost amusing to note Reuters so called “fact check” service attempts to rubbish the Rockefeller story, despite original reports being available. Only in their last sentence do they concede Rockefeller didn’t invent the term “Fossil Fuel”, not exactly a shocking surprise.

 

Anyway, with another oil company (BP) announcing their highest ever profits, we thought it time to take another look at the price potentials for Crude Oil.

We’ve a slight suspicion attempts are being made to keep Brent Crude artificially high in price, despite plenty of visual suggestions it wants to reverse. At time of writing, Brent is trading around $83 and need only drip below 79 to make a visit to the $75 level very probable. Our secondary target level, if such a price breaks, works out at $65 and effectively a return to the price of Crude before the world fell apart in 2020. As the chart below highlights, it makes some visual sense.

Our converse scenario requires Brent to trade above $88, if any miracles are planned, as recovery to an initial 93 looks very probable with our secondary, if beaten, working out at 99 dollars and some probable hesitation, especially given the presence of the Blue downtrend on the chart.

For now, the visuals tend imply, quite strongly, a visit to the 65 dollar level should surprise no-one.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:55:30PM	BRENT	83.48									Success
9:57:26PM	GOLD	1870.41
10:02:23PM	FTSE	7896.69	7841	7814	7782	7884	7910	7920	7937	7873	Success
10:05:15PM	STOX50	4240	4191	4169	4143	4213	4247	4258	4270	4224
10:25:36PM	GERMANY	15422
10:27:32PM	US500	4157.32									Success
10:30:26PM	DOW	34118.5									Shambles
10:32:13PM	NASDAQ	12700									Success
10:34:30PM	JAPAN	27668									Shambles

 

7/02/2023 FTSE Closed at 7864 points. Change of 0.36%. Total value traded through LSE was: £ 5,876,288,872 a change of 0.42%

6/02/2023 FTSE Closed at 7836 points. Change of -0.82%. Total value traded through LSE was: £ 5,851,906,357 a change of 5.01%

3/02/2023 FTSE Closed at 7901 points. Change of 1.04%. Total value traded through LSE was: £ 5,572,467,076 a change of -26.46%

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:HIK Hikma** **LSE:HSBA HSBC** **

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Updated charts published on : AFC Energy, Avacta, Barclays, BP PLC, Carnival, Hikma, HSBC,

LSE:AFC AFC Energy. Close Mid-Price: 29.54 Percentage Change: + 6.26% Day High: 33.02 Day Low: 26.22

Target Met. Above 33 remains expectant of 35 next with secondary, if bette ……..

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LSE:AVCT Avacta. Close Mid-Price: 183 Percentage Change: + 6.40% Day High: 185 Day Low: 171.5

Target met. In the event of Avacta enjoying further trades beyond 185, th ……..

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LSE:BARC Barclays. Close Mid-Price: 188.84 Percentage Change: + 1.23% Day High: 190.1 Day Low: 186.58

All Barclays needs are mid-price trades ABOVE 190.1 to improve accelerati ……..

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LSE:BP. BP PLC. Close Mid-Price: 516.4 Percentage Change: + 7.95% Day High: 515.4 Day Low: 488

Target met. Further movement against BP PLC ABOVE 515.4 should improve ac ……..

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LSE:CCL Carnival. Close Mid-Price: 874.2 Percentage Change: + 0.16% Day High: 928.2 Day Low: 871

All Carnival needs are mid-price trades ABOVE 928.2 to improve accelerati ……..

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LSE:HIK Hikma. Close Mid-Price: 1730 Percentage Change: + 0.32% Day High: 1757.5 Day Low: 1716

All Hikma needs are mid-price trades ABOVE 1757.5 to improve acceleration ……..

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LSE:HSBA HSBC. Close Mid-Price: 605 Percentage Change: + 1.51% Day High: 606.3 Day Low: 600.9

Further movement against HSBC ABOVE 606.3 should improve acceleration tow ……..

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View Previous HSBC & Big Picture ***

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

#Gold #SP500

The children’s product, Lego, has long been famed for being the most painful thing to stand on with a bare foot but true specialists know this is rubbish. The true culprits for many trips to A&E were Volex made or inspired 3 pin plugs. Curiously, Volex branded plugs remain being sold, despite being neither manufactured nor sold by the Volex Group, this area of the company being hived off in shame back in 1991. Nowadays, it appears Volex specialise in the medical and industrial electrical and electronic sectors.

The humble British 3 pin plug, not invented by Volex but manufactured and marketed by them, remains a masterpiece of design and safety in the UK electrical industry, quite literally envied by electricians in many other countries and it’s a shame Volex removed this from their armoury. But anyway, their current products are used worldwide in laptops, PCs, tablets, printers, TVs, games consoles, power tools, and kitchen appliances. We’re obviously a little curious as to their share price prospects, given the damage currently being experienced by the electronics industry, many participants suffering consumer backlash due to their efforts in price gouging, creating a rarely sustainable environment of selling fewer units but at higher margins.

As an example, recently Tesla decided it was time to address this issue, choosing to reduce their prices. Apparently, the company were making a net profit of nearly $10,000 per unit sold, when sales levels started to diminish and the reality of acres of unsold vehicles became a real problem.

 

Currently, for Volex, their share price needs trade below 221p to raise an eyebrow as this risks triggering price reversal to an initial 160p with secondary, if broken, a return to 109p and a price level not seen since the pandemic hit. Thankfully there are a few indications the share doesn’t need try to hard to extricate itself from the immediate danger.

Presently trading around 256p, the share need only exceed 273p to give reasonable hope for price recovery to an initial 298p. Should the share price close above such a level, our longer term secondary works out at 353p, along with a need to revisit the share price movements.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:06:53PM	BRENT	80.97									Success
9:09:21PM	GOLD	1868.61	1859	1853	1844	1875	1886	1891	1900	1871
9:20:34PM	FTSE	7844
9:22:43PM	STOX50	4214.1
9:24:57PM	GERMANY	15360									‘cess
9:31:29PM	US500	4113.72	4093	4088	4052	4116	4130	4140	4155	4106
9:33:33PM	DOW	33878									‘cess
9:35:31PM	NASDAQ	12468									‘cess
9:38:01PM	JAPAN	27690

 

6/02/2023 FTSE Closed at 7836 points. Change of -0.82%. Total value traded through LSE was: £ 5,851,906,357 a change of 5.01%

3/02/2023 FTSE Closed at 7901 points. Change of 1.04%. Total value traded through LSE was: £ 5,572,467,076 a change of -26.46%

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AVCT Avacta** **LSE:BLVN Bowleven** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:HIK Hikma** **LSE:IHG Intercontinental Hotels Group** **

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Updated charts published on : AFC Energy, Avacta, Bowleven, MAN, Firstgroup, Hikma, Intercontinental Hotels Group,

LSE:AFC AFC Energy. Close Mid-Price: 27.8 Percentage Change: + 9.88% Day High: 28 Day Low: 24.18

Target met. All AFC Energy needs are mid-price trades ABOVE 28 to improve ……..

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LSE:AVCT Avacta. Close Mid-Price: 172 Percentage Change: + 6.77% Day High: 176.5 Day Low: 161.5

Target met. All Avacta needs are mid-price trades ABOVE 176.5 to improve ……..

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LSE:BLVN Bowleven. Close Mid-Price: 1.38 Percentage Change: + 0.00% Day High: 1.38 Day Low: 1.25

Target met. In the event Bowleven experiences weakness below 1.25 it calc ……..

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LSE:EMG MAN Close Mid-Price: 259.2 Percentage Change: -1.07% Day High: 262.4 Day Low: 258.9

Further movement against MAN ABOVE 262.4 should improve acceleration towa ……..

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LSE:FGP Firstgroup Close Mid-Price: 108.5 Percentage Change: -1.72% Day High: 115 Day Low: 108.6

Target met. In the event of Firstgroup enjoying further trades beyond 115 ……..

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LSE:HIK Hikma Close Mid-Price: 1724.5 Percentage Change: -0.52% Day High: 1755 Day Low: 1703

Target met. In the event of Hikma enjoying further trades beyond 1755, th ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 5748 Percentage Change: -0.62% Day High: 5794 Day Low: 5708

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

#Brent #Germany40 

We always make a big deal about “higher highs” but the FTSE is posing an interesting question, one where our inclination is to retreat to our usual demand to see prices close higher than previous levels. Once upon a time in May 22nd, 2018, the FTSE had a day high of 7903.5 points. Last Friday, 5th February, the FTSE had a day high of 7906.58.

These numbers are obviously essentially identical but there’s a more important aspect, if we view the closing numbers for each session. In May 2018, the index achieved a closing price of 7877 points whereas on Friday 5th February, the index closed the session at 7901.8 points, a more substantial “higher high”, one giving considerable hope for the future. We do prefer seeing a share price actually close a session above a previous high as this invariably proves the safer signal for the longer term but on this occasion, it spiked higher during the day but managed close lower than its historical high.

Perhaps there’s no concise “no-brainer” argument for further immediate gains but should the FTSE wander above 7913 anytime soon, it’s going to be hard to avoid a further gain of 300 points.

Barclays Plc  We’d anointed 181.15p as a level above which Barclays needed to close to provide an early sign of springtime. Finally, in the middle of January, the required miracle occurred and what’s been happening since is a little bit underwhelming, the target numbers only requiring the slightest of tweaks. It certainly appears the share price now needs close below 180p to indicate coming trouble but by most standards, we’re remain pretty optimistic.

Now above 189p calculates with the potential of a visit to an initial 196p next with our secondary, if exceeded, working out at a more useful 218p. Those folk with a memory greater than a goldfish will notice these are almost identical target levels to those provided three weeks ago, the share price failing to advance in leaps and bounds.

Our alternate, below 180 now points at an initial 175p with secondary, if broken, at 169p and hopefully a bounce. We’d regard this as little more than an attempt to slow down the pace of any Barclays rise.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
1:32:03PM	BRENT	80.02	79.83	79.71	78.91	80.91	80.94	81.16	81.6	80
1:34:32PM	GOLD	1865
1:37:32PM	FTSE	7904.96
3:02:29PM	STOX50	4241.7
3:04:35PM	GERMANY	15426	15346	15273	15182	15438	15528	15586	15666	15430
3:06:42PM	US500	4131.27
3:33:48PM	DOW	33857
3:37:17PM	NASDAQ	12562
3:39:33PM	JAPAN	27628

3/02/2023 FTSE Closed at 7901 points. Change of 1.04%. Total value traded through LSE was: £ 5,572,467,076 a change of -26.46%

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 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:AFC AFC Energy** **LSE:BLVN Bowleven** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:MKS Marks and Spencer** **

********

Updated charts published on : AFC Energy, Bowleven, British Telecom, Caspian, Carnival, Capita, Hikma, Hargreaves Lansdown, Intercontinental Hotels Group, International Personal Finance, Marks and Spencer,

LSE:AFC AFC Energy. Close Mid-Price: 25.3 Percentage Change: + 4.37% Day High: 26.3 Day Low: 22.96

Target met. Further movement against AFC Energy ABOVE 26.3 should improve ……..

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LSE:BLVN Bowleven Close Mid-Price: 1.38 Percentage Change: -9.84% Day High: 1.52 Day Low: 1.38

Continued weakness against BLVN taking the price below 1.38 calculates as ……..

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LSE:BT.A British Telecom. Close Mid-Price: 134.65 Percentage Change: + 1.70% Day High: 135.1 Day Low: 130.95

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LSE:CASP Caspian. Close Mid-Price: 6.9 Percentage Change: + 6.15% Day High: 7.1 Day Low: 6.5

Target met. Further movement against Caspian ABOVE 7.1 should improve acc ……..

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LSE:CCL Carnival. Close Mid-Price: 890 Percentage Change: + 1.27% Day High: 893.2 Day Low: 861.8

In the event of Carnival enjoying further trades beyond 893.2, the share ……..

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LSE:CPI Capita. Close Mid-Price: 29.24 Percentage Change: + 2.67% Day High: 29.18 Day Low: 28.28

All Capita needs are mid-price trades ABOVE 29.18 to improve acceleration ……..

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LSE:HIK Hikma. Close Mid-Price: 1733.5 Percentage Change: + 1.26% Day High: 1749 Day Low: 1694

Continued trades against HIK with a mid-price ABOVE 1749 should improve t ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 949.6 Percentage Change: + 0.59% Day High: 952.2 Day Low: 930

All Hargreaves Lansdown needs are mid-price trades ABOVE 952.2 to improve ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5784 Percentage Change: + 0.10% Day High: 5790 Day Low: 5706

Continued trades against IHG with a mid-price ABOVE 5790 should improve t ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 98 Percentage Change: + 0.10% Day High: 101 Day Low: 96.9

In the event of International Personal Finance enjoying further trades be ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 163 Percentage Change: + 1.21% Day High: 166.7 Day Low: 161.05

Continued trades against MKS with a mid-price ABOVE 166.7 should improve ……..

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

#FreeFutures

What was happening on my lawn today made more sense than movements on the FTSE. For nearly an hour, our Golden Retriever was playing on the grass with Russell, Cheryl, and Stone, three crows who seem to regard the dog as their pet. We’re all used to seeing dogs get frustrated, chasing a bird which unsportingly takes flight but watching a crow doing a ridiculous running hop while attempting to chase the dog was crazy. Somehow, the animals knew when to change the rules and it was back to the dog chasing a crow, while one of the others tried to distract her. (The crow called Cheryl has a single white feather)

It’s possible this strange camaraderie started, when one of the crows appeared with a damaged wing, barely able to fly. Initially we thought the dog had lost its mind at easy prey but instead, her frantic barking while she circled the bird was directed at a cat, the dog only coming into the house when another crow appeared. We’ve long known the dogs use different barks for different types of bird and other wildlife but now we’re curious as to the true level of communication.

Unlike, of course, the FTSE which appears to have taken a stupid pill.

 

Since January 19th, when the FTSE closed at 7747 points, the FTSE has made utterly pathetic daily movements, the London market closing price wavering by a maximum of 40 points across 10 sessions. It has been far from exciting, trying to make sense out of what’s going on but thankfully, movements on Thursday tend to suggest the FTSE is making another attempt to become airborne, just like our garden crows. Hopefully it’s with greater commitment than the birds exhibit as something important becomes possible.

Above 7837 points near term apparently brings the potential of gains to an initial 7875 points with our secondary, if exceeded, working out at 7913 points. This secondary is quite a big deal, affording the possibility of allowing London to close above the historical all time high of 7903 points back in 2018. From our perspective, this is a really big deal, effectively confirming 8240 shall become a valid ambition as “top” on the current cycle.

Our alternate Captain Calamity perspective demands the FTSE slither below 7760 points to provoke reversal to 7684 points with secondary, if broken, at 7620 points. Neither reversal prospect is particularly terrifying, despite breaking below an immediate Red uptrend. For now, we’re fairly hopeful.

Have a good weekend.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:58:09PM	BRENT	82.32	81.33	80.65		83.18	83.54	84.13		82.38	Success
12:00:32AM	GOLD	1915	1911	1902		1927	1944	1951		1917	ditto
12:03:32AM	FTSE	7807.99	7773	7751		7820	7845	7876		7799	ditto
12:16:56AM	STOX50	4232	4192	4180		4240	4253	4278		4211	ditto
12:19:16AM	GERMANY	15495	15347	15273		15493	15543	15611		15450	ditto
12:21:31AM	US500	4157.82	4132	4114		4166	4198	4223		4123	ditto
12:24:24AM	DOW	34016	33742	33613		33900	34162	34259		33990	‘cess
12:26:54AM	NASDAQ	12627	12562	12448		12661	12904	13023		11774	Success
12:29:09AM	JAPAN	27489	27333	27250		27442	27545	27600		27417

 

2/02/2023 FTSE Closed at 7820 points. Change of 0.76%. Total value traded through LSE was: £ 7,577,557,777 a change of 8.79%

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

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:ASC Asos** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CASP Caspian** **LSE:CCL Carnival** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:GRG Greggs** **LSE:IAG British Airways** **LSE:IDS International Distribution** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Asos, Astrazeneca, Barclays, Barrett Devs, Caspian, Carnival, Empyrean, MAN, Experian, Greggs, British Airways, International Distribution, Intercontinental Hotels Group, International Personal Finance, ITM Power, Intertek, ITV, Lloyds Grp., Marks and Spencer, Natwest, Oxford Instruments, Sainsbury, Tullow, Taylor Wimpey,

LSE:ASC Asos. Close Mid-Price: 982 Percentage Change: + 10.15% Day High: 1015 Day Low: 905

Target Met. Wow, a big movement finally. Now above 1015 calculates with th ……..

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LSE:AZN Astrazeneca Close Mid-Price: 10250 Percentage Change: -0.29% Day High: 10342 Day Low: 10186

Below 10186 still points at 9949 with secondary, if broken, at 9290p. The ……..

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LSE:BARC Barclays. Close Mid-Price: 188.4 Percentage Change: + 1.03% Day High: 188.72 Day Low: 185.3

Target Met or near enough. Now above 189 should make an attempt at 195 nex ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 484.1 Percentage Change: + 4.40% Day High: 483.9 Day Low: 466.1

Further movement against Barrett Devs ABOVE 484 should improve acceleratio ……..

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LSE:CASP Caspian. Close Mid-Price: 6.5 Percentage Change: + 6.56% Day High: 6.55 Day Low: 6.1

Continued trades against CASP with a mid-price ABOVE 6.6 should improve th ……..

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LSE:CCL Carnival. Close Mid-Price: 878.8 Percentage Change: + 13.69% Day High: 883.2 Day Low: 797

Important target update: Carnival needs mid-price trades ABOVE 884 to cont ……..

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LSE:EME Empyrean. Close Mid-Price: 1.15 Percentage Change: + 27.49% Day High: 1.7 Day Low: 0.9

Target Met. Now above 1.7 calculates with an ambition of an initial 1.85 w ……..

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LSE:EMG MAN. Close Mid-Price: 260.3 Percentage Change: + 4.25% Day High: 260.2 Day Low: 250.2

Target Met. Now above 261 calculates with the potential of 265 next with o ……..

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LSE:EXPN Experian. Close Mid-Price: 3160 Percentage Change: + 6.15% Day High: 3139 Day Low: 2992

Target met or near enough. All Experian needs are mid-price trades ABOVE 3 ……..

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LSE:GRG Greggs. Close Mid-Price: 2820 Percentage Change: + 4.44% Day High: 2818 Day Low: 2706

Target Met. Now above 2818 still expects 2906 to provide some hesitation i ……..

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LSE:IAG British Airways. Close Mid-Price: 173.58 Percentage Change: + 3.31% Day High: 172.8 Day Low: 168.64

British Airways needs mid-price trades ABOVE 174 to improve an ascent towa ……..

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LSE:IDS International Distribution. Close Mid-Price: 238.9 Percentage Change: + 4.32% Day High: 242.9 Day Low: 232.8

Ongoing traffic above 243 remains with the potential of 253 next with seco ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5778 Percentage Change: + 2.99% Day High: 5766 Day Low: 5646

Target Met. Further movement against Intercontinental Hotels Group ABOVE 5 ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 97.9 Percentage Change: + 6.41% Day High: 99.1 Day Low: 87.1

Target Met. Now above 100p still suggests a lift to 106 with secondary, if ……..

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LSE:ITM ITM Power. Close Mid-Price: 118.55 Percentage Change: + 14.76% Day High: 120.35 Day Low: 104.95

All ITM Power needs are mid-price trades ABOVE 120.5 to improve accelerati ……..

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LSE:ITRK Intertek. Close Mid-Price: 4522 Percentage Change: + 3.12% Day High: 4528 Day Low: 4394

It looks like movement next above 4528 should attempt an initial 4657 with ……..

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LSE:ITV ITV. Close Mid-Price: 87.5 Percentage Change: + 5.86% Day High: 88.04 Day Low: 83.54

Target Met. Now above 89 indicates the potential of a visit to 94 next wit ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 53.49 Percentage Change: + 0.96% Day High: 53.76 Day Low: 52.79

Continued trades against LLOY with a mid-price ABOVE 53.8 should improve t ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 161.05 Percentage Change: + 7.30% Day High: 162.05 Day Low: 151.15

Target Met. This has gotten useful as above 163p now calculates with an in ……..

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LSE:NWG Natwest. Close Mid-Price: 309.9 Percentage Change: + 0.49% Day High: 313.1 Day Low: 308.3

Natwest needs mid-price trades ABOVE 314 to improve acceleration toward a ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2450 Percentage Change: + 4.70% Day High: 2470 Day Low: 2375

Target Met. Now above 2471 suggests travel to 2657 next with secondary, if ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 267.5 Percentage Change: + 1.44% Day High: 269.3 Day Low: 263.9

Target Met. Now above 270 suggests 279 next with secondary, if beaten, at ……..

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LSE:TLW Tullow Close Mid-Price: 34.68 Percentage Change: -0.86% Day High: 35.84 Day Low: 33.84

Target Met or near enough. Hopefully it bounces but visually, it looks unl ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 126.5 Percentage Change: + 6.66% Day High: 126.3 Day Low: 119.4

All Taylor Wimpey needs are mid-price trades ABOVE 126.3 to improve accele ……..

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

#Gold #DOW

A few emails prompted us to take a look at BSF, doubtless due to the company making the UK’s first cultivated pork steak and releasing a video of their staff eating the product. Needless to say, a quick glance at their website immediately triggered a lot of excitement for a few minutes, due to their 3D Bio-Tissues banner conjuring a mental image of the product being produced on a 3D printer.

Immediately, all kitchen calamities could be solved, if the future is just a matter of telling a 3D printer you want a 10oz Sirloin steak, printed rare, with some chips and mushrooms. Surely, BSF Enterprises were correctly named as the various ‘Star Trek’ Enterprises warped instantly to mind, the food replicator device finally becoming a reality. Unfortunately, this proved to be whimsical rubbish, BSF instead growing meat in laboratories, along with some other amazing products such as leather, eye corneas, and even human skin substitutes.

 

While it appears sci-fi fans shall be disappointed, successfully growing cellular based products is a truly amazing result and we’d suggest taking a look at the company website to be fed more information than you can shake a stick at.

 

As for their share price potentials, we’ve an interesting problem. At present, we can calculate above 24.3p as hopefully triggering another surge to 26.75p. Our secondary, if such a level is exceeded, is more than a little tenuous at 37p. Obviously, the share price can go wherever it wants but at present, we’re pretty comfortable with the idea of 26.75p but above this point our 37p involves making more assumptions than we’re comfortable with. It’s probably saner to say, if it goes above 26.75p, the “price is boldly going where its never been before….” and just cross your fingers.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:27:30PM	BRENT	83.11									‘cess
10:31:39PM	GOLD	1953.73	1934	1930	1922	1948	1955	1958	1963	1946	Success
10:38:46PM	FTSE	7800.51									‘cess
10:42:15PM	STOX50	4209									Success
10:46:40PM	GERMANY	15304.25
10:49:30PM	US500	4133.12									Success
10:54:04PM	DOW	34086	33891	33838	33664	34125	34334	34360	34622	34033	‘cess
10:57:04PM	NASDAQ	12466.57									Success
10:59:04PM	JAPAN	27430									Success

 

1/02/2023 FTSE Closed at 7761 points. Change of -0.13%. Total value traded through LSE was: £ 6,964,989,564 a change of 4.57%

31/01/2023 FTSE Closed at 7771 points. Change of -0.17%. Total value traded through LSE was: £ 6,660,813,951 a change of 20.2%

30/01/2023 FTSE Closed at 7784 points. Change of 0.24%. Total value traded through LSE was: £ 5,541,404,266 a change of 12.58%

27/01/2023 FTSE Closed at 7765 points. Change of 0.05%. Total value traded through LSE was: £ 4,922,369,454 a change of -13.06%

26/01/2023 FTSE Closed at 7761 points. Change of 0.22%. Total value traded through LSE was: £ 5,661,516,595 a change of 15%

25/01/2023 FTSE Closed at 7744 points. Change of -0.17%. Total value traded through LSE was: £ 4,923,070,732 a change of -10.83%

24/01/2023 FTSE Closed at 7757 points. Change of -0.09%. Total value traded through LSE was: £ 5,520,852,512 a change of 27.06%

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.

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AZN Astrazeneca** **LSE:BLVN Bowleven** **LSE:CASP Caspian** **LSE:FRES Fresnillo** **LSE:GRG Greggs** **LSE:IPF International Personal Finance** **LSE:ITRK Intertek** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **

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Updated charts published on : Asos, Astrazeneca, Bowleven, Caspian, Fresnillo, Greggs, International Personal Finance, Intertek, Oxford Instruments, Sainsbury,

LSE:ASC Asos. Close Mid-Price: 891.5 Percentage Change: + 2.18% Day High: 899.5 Day Low: 865

In the event of Asos enjoying further trades beyond 900, the share should ……..

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LSE:AZN Astrazeneca Close Mid-Price: 10280 Percentage Change: -2.93% Day High: 10626 Day Low: 10268

This is getting dodgy as below 10268 now points at 9949 with secondary, if ……..

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LSE:BLVN Bowleven Close Mid-Price: 1.52 Percentage Change: -3.17% Day High: 1.57 Day Low: 1.52

Weakness on Bowleven below 1.5 will invariably lead to 1.25 with secondary ……..

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LSE:CASP Caspian. Close Mid-Price: 6.1 Percentage Change: + 3.39% Day High: 6.25 Day Low: 5.9

Continued trades against CASP with a mid-price ABOVE 6.25 should improve t ……..

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LSE:FRES Fresnillo Close Mid-Price: 810 Percentage Change: -1.39% Day High: 822.2 Day Low: 786

Now below 786 suggests travel to an initial 780 with secondary, if broken, ……..

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LSE:GRG Greggs. Close Mid-Price: 2700 Percentage Change: + 0.22% Day High: 2732 Day Low: 2694

In the event of Greggs enjoying further trades beyond 2732, the share shou ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 92 Percentage Change: + 9.26% Day High: 90.1 Day Low: 84.1

Target Met. Now above 91 hints at movement to 95.25 next with secondary. i ……..

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LSE:ITRK Intertek. Close Mid-Price: 4385 Percentage Change: + 0.92% Day High: 4444 Day Low: 4354

Target Met. It looks like movement next above 4444 should attempt an initi ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2340 Percentage Change: -0.21% Day High: 2385 Day Low: 2320

Further movement against Oxford Instruments ABOVE 2385 should improve acce ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 263.7 Percentage Change: + 0.42% Day High: 265.7 Day Low: 260.8

In the event of Sainsbury enjoying further trades beyond 266, the share sh ……..

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