Trends And Targets

#Gold #WallSt For some reason, the location of Top Gears racing track was never of interest, often the backdrop of interesting aircraft proving more interesting than a celebrity giving their excuses for a terrible lap before their circuit is complete. A personal guilty secret; despite hating flying, I’m an utter aircraft nerd. Discovering AFC Energy are based at Dunsfold Aerodrome provoked a surge of envy, a working environment surrounded by interesting planes, along with fast cars constantly trying to do decent lap times.

But despite their enviable location, we must concede AFC appear to be doing solid work in the hydrogen fuel cell department, if their website is to be believed. Of all the green initiatives, anything which involves hydrogen, regarded as the most abundant element in the universe, deserves close attention.

 

Since 2009, AFC’s share price has enjoyed a roller coaster ride, lots of false starts and sharp reversals tending indicate they’ve been the focus of internet chatroom ‘enhanced optimism’ campaigns. Even the recent surge to 92p in 2020 appears to be suffering the usual payback, the price currently at 26p and making us question whether the recent slip down to 19p shall be regarded as “bottom”. We certainly hope so as the only drop target we can now calculate below 19p is prefaced with a minus sign!

Our suspicion is the price has bottomed on the current cycle, making us think 28.5p can be viewed as a potential trigger, one which if bettered allows for gains in the direction of a near term 33p. In the event 33p is exceeded, our secondary calculates at 38p, returning the price above a prior, argumentative, uptrend.

Thanks to AFC’s historical shenanigans, there are now some fascinating potentials we can give, should 38p be exceeded sometime in the future. We could tie ourselves in knots trying to explain a stream of different numbers but, essentially, with closure above 38p, the share price makes a careful step into territory where a phase of growth to a future 115p calculates as possible, a new all time high.

If we judge by the emails received, it appears a few folk think “something” is happening with AFC and as a result, it’s probably worth keeping an eye on them.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:51:38PM	BRENT	99.9									Success
9:54:33PM	GOLD	1772.43	1758	1755	1748	1767	1776	1779	1784	1766	‘cess
9:58:59PM	FTSE	7415									‘cess
10:16:15PM	STOX50	3711
10:18:20PM	GERMANY	13486									Sorry
10:19:56PM	US500	4120									‘cess
10:21:55PM	DOW	32804	32637	32540	32397	32828	32971	32998	33102	32804
10:24:30PM	NASDAQ	12952									‘cess
10:26:02PM	JAPAN	27896

1/08/2022 FTSE Closed at 7413 points. Change of -0.13%. Total value traded through LSE was: £ 3,802,113,332 a change of -37.81%

29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%

28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%

27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

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:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:TRN The Trainline** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BALFOUR BEATTY, Caspian, Cellular Goods, Genel, Glencore Xstra, HSBC, Igas Energy, International Personal Finance, IQE, Natwest, Ocado Plc, The Trainline, Zoo Digital,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 282.6 Percentage Change: + 0.71% Day High: 284.2 Day Low: 278.6

Continued trades against BBY with a mid-price ABOVE 284.2 should improve ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

LSE:CASP Caspian Close Mid-Price: 3.3 Percentage Change: -1.49% Day High: 3.35 Day Low: 3.25

If Caspian experiences continued weakness below 3.25, it will invariably ……..

Subscribe for more

</p

View Previous Caspian & Big Picture ***

LSE:CBX Cellular Goods. Close Mid-Price: 1.55 Percentage Change: + 29.17% Day High: 1.6 Day Low: 1.15

Target met. In the event of Cellular Goods enjoying further trades beyond ……..

Subscribe for more

</p

View Previous Cellular Goods & Big Picture ***

LSE:GENL Genel. Close Mid-Price: 145.8 Percentage Change: + 0.55% Day High: 150 Day Low: 145

All Genel needs are mid-price trades ABOVE 150 to improve acceleration to ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:GLEN Glencore Xstra Close Mid-Price: 460.7 Percentage Change: -0.25% Day High: 472.75 Day Low: 455.35

All Glencore Xstra needs are mid-price trades ABOVE 472.75 to improve acc ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:HSBA HSBC. Close Mid-Price: 545.2 Percentage Change: + 6.13% Day High: 557.8 Day Low: 536.2

Continued trades against HSBA with a mid-price ABOVE 557.8 should improve ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***

LSE:IGAS Igas Energy. Close Mid-Price: 41.5 Percentage Change: + 8.50% Day High: 41.6 Day Low: 39

Further movement against Igas Energy ABOVE 41.6 should improve accelerati ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:IPF International Personal Finance. Close Mid-Price: 100 Percentage Change: + 3.95% Day High: 100 Day Low: 93

All International Personal Finance needs are mid-price trades ABOVE 100 t ……..

Subscribe for more

</p

View Previous International Personal Finance & Big Picture ***

LSE:IQE IQE. Close Mid-Price: 44.55 Percentage Change: + 1.48% Day High: 45.2 Day Low: 44.35

Continued trades against IQE with a mid-price ABOVE 45.2 should improve t ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:NWG Natwest. Close Mid-Price: 251.7 Percentage Change: + 1.25% Day High: 255.7 Day Low: 250

Continued trades against NWG with a mid-price ABOVE 255.7 should improve ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***

LSE:OCDO Ocado Plc. Close Mid-Price: 876 Percentage Change: + 4.36% Day High: 888.2 Day Low: 828.6

In the event of Ocado Plc enjoying further trades beyond 888.2, the share ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 402.4 Percentage Change: + 1.56% Day High: 403.1 Day Low: 394.7

All The Trainline needs are mid-price trades ABOVE 403.1 to improve accel ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

LSE:ZOO Zoo Digital. Close Mid-Price: 136 Percentage Change: + 6.67% Day High: 137.5 Day Low: 127.5

Target met. Further movement against Zoo Digital ABOVE 137.5 should impro ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

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

#Brent #Dax

As the entire nation rejoices at Boris Johnston successfully getting someone else to pay for his wedding party, we can sidle into the holiday month with another miracle, mostly un-noticed. Natwest achieved our 248p target from 3 weeks ago, quite literally opting to close the final trading day of July exactly at our target level. As they say in Scotland, “our gobs were smacked!”

It’s worth paying a little attention to movements in the preceding week. Monday proved some early interest, the share price closing the session at 230.2p, just 2/10th of a penny above our trigger level but hey, we’ll take it, the scene effectively set for what was coming. Their Interim Results on Friday thus fell on fertile ground, higher operating profits and a lift in dividend jollying up the party quite nicely. It all proved quite surreal, the share price closing on Thursday at exactly our 230p trigger, then closing on Friday at our 248p target, also achieving a day high of 251.9p. Perhaps very importantly, Natwest share price has now closed a session above Blue on the chart, a downtrend which dates back to 2015. Currently this trend line is sitting around 247.149p, therefore we’re allowed to express further optimism due to the market closing the day at 248.6p.

Folk of a fragile nature may with to sit down for the next bit…

 

Apparently, now above 252p threatens triggering further recovery to an initial 268p. If exceeded, our secondary calculation works out at 281p.

Either one of these target levels “risks” proving quite significant for the longer term, each hopefully capable of permitting the share price to actually CLOSE a session above 257p. From a really big picture perspective, this is liable to prove quite a big deal, doing the unthinkable by elevating a UK retail bank into the realms of three previously unspeakable words. Long Term Hold. All joking aside, closure above 257p allows us to discuss Natwest at 400p without a giggle similar to describing Max Verstappen as 2021’s Formula 1 World Champion.

 

We’d be remiss if we didn’t dilute this drooling optimism with some common sense. Natwest needs slump below Red (210p) to spoil all the above calculations.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
3:16:36PM	BRENT	103.91	101.9	101.5	99.8	103.08	106.6	106.91	108.29	104.6	Success
3:24:38PM	GOLD	1766									‘cess
3:51:36PM	FTSE	7450									‘cess
3:56:30PM	STOX50	3730									‘cess
2:39:04PM	GERMANY	13546	13336	13280	13189	13450	13553	13624	13709	13407	‘cess
2:51:12PM	US500	4129.57									‘cess
2:55:51PM	DOW	32852									‘cess
3:00:00PM	NASDAQ	12949									‘cess

29/07/2022 FTSE Closed at 7423 points. Change of 1.06%. Total value traded through LSE was: £ 6,113,428,375 a change of 2.61%

28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%

27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

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:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:NWG Natwest** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BALFOUR BEATTY, BP PLC, British Telecom, Caspian, Diageo, Experian, Glencore Xstra, IG Group, International Personal Finance, IQE, Intertek, Natwest, OPG Power Ventures, Parkmead, Spirax, Serco, The Trainline, Taylor Wimpey, Vodafone, Zoo Digital,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 280.6 Percentage Change: + 1.96% Day High: 282.8 Day Low: 276.6

Further movement against BALFOUR BEATTY ABOVE 282.8 should improve accele ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 400 Percentage Change: + 2.72% Day High: 404.88 Day Low: 386.15

In the event of BP PLC enjoying further trades beyond 404.88, the share s ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

LSE:BT.A British Telecom Close Mid-Price: 161.8 Percentage Change: -0.03% Day High: 165.1 Day Low: 154.75

Target met. Continued weakness against BT.A taking the price below 154.75 ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:CASP Caspian Close Mid-Price: 3.35 Percentage Change: -2.90% Day High: 3.45 Day Low: 3.35

In the event Caspian experiences weakness below 3.35 it calculates with a ……..

Subscribe for more

</p

View Previous Caspian & Big Picture ***

LSE:DGE Diageo. Close Mid-Price: 3882 Percentage Change: + 0.44% Day High: 3930 Day Low: 3872.5

In the event of Diageo enjoying further trades beyond 3930, the share sho ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***

LSE:EXPN Experian. Close Mid-Price: 2863 Percentage Change: + 1.89% Day High: 2883 Day Low: 2791

All Experian needs are mid-price trades ABOVE 2883 to improve acceleratio ……..

Subscribe for more

</p

View Previous Experian & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 461.85 Percentage Change: + 2.78% Day High: 463.6 Day Low: 439

Continued trades against GLEN with a mid-price ABOVE 463.6 should improve ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:IGG IG Group. Close Mid-Price: 796 Percentage Change: + 0.51% Day High: 810 Day Low: 790

Target met. All IG Group needs are mid-price trades ABOVE 810 to improve ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:IPF International Personal Finance. Close Mid-Price: 96.2 Percentage Change: + 3.44% Day High: 97 Day Low: 94.9

Further movement against International Personal Finance ABOVE 97 should i ……..

Subscribe for more

</p

View Previous International Personal Finance & Big Picture ***

LSE:IQE IQE. Close Mid-Price: 43.9 Percentage Change: + 1.97% Day High: 44.25 Day Low: 43.05

All IQE needs are mid-price trades ABOVE 44.25 to improve acceleration to ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:ITRK Intertek Close Mid-Price: 4376 Percentage Change: -1.97% Day High: 4411 Day Low: 4085

Target met. Continued weakness against ITRK taking the price below 4085 c ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***

LSE:NWG Natwest. Close Mid-Price: 248.6 Percentage Change: + 8.09% Day High: 251.9 Day Low: 243.7

Target met. Further movement against Natwest ABOVE 251.9 should improve a ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***

LSE:OPG OPG Power Ventures. Close Mid-Price: 7.05 Percentage Change: + 4.44% Day High: 7.2 Day Low: 6.75

In the event of OPG Power Ventures enjoying further trades beyond 7.2, th ……..

Subscribe for more

</p

View Previous OPG Power Ventures & Big Picture ***

LSE:PMG Parkmead. Close Mid-Price: 67 Percentage Change: + 3.08% Day High: 70.8 Day Low: 64

Target met. Continued trades against PMG with a mid-price ABOVE 70.8 shou ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

LSE:SPX Spirax. Close Mid-Price: 11935 Percentage Change: + 2.89% Day High: 12045 Day Low: 11665

Target met. All Spirax needs are mid-price trades ABOVE 12045 to improve ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 188.3 Percentage Change: + 0.32% Day High: 190.3 Day Low: 187.5

Target met. Further movement against Serco ABOVE 190.3 should improve acc ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 396.2 Percentage Change: + 3.80% Day High: 395 Day Low: 380.1

Further movement against The Trainline ABOVE 395 should improve accelerat ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

LSE:TW. Taylor Wimpey. Close Mid-Price: 127.1 Percentage Change: + 0.55% Day High: 129 Day Low: 126.25

Continued trades against TW. with a mid-price ABOVE 129 should improve th ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***

LSE:VOD Vodafone. Close Mid-Price: 120.8 Percentage Change: + 1.68% Day High: 122.02 Day Low: 117.98

If Vodafone experiences continued weakness below 117.98, it will invariab ……..

Subscribe for more

</p

View Previous Vodafone & Big Picture ***

LSE:ZOO Zoo Digital. Close Mid-Price: 127.5 Percentage Change: + 2.00% Day High: 131 Day Low: 125

In the event of Zoo Digital enjoying further trades beyond 131, the share ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

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

#FTSE #GOLD

August is normally a “pretend” month. Writers pretend to be working, the markets pretend to be trading, share prices pretend to be moving. But in reality, due to the movers and shakers all being at Butlins for the holiday month, very little actually happens, events marginally more interesting than a UK Tory party leadership farce. Personally, it’s easy to suspect the Conservatives, if they employed an enlightened voting system such as eschewed by politicians everywhere, would elect a candidate named; “None Of The Above”…

However, this time around, we’re a little impressed with some recent movements on the FTSE. While optimism based on the last few sessions of a months trading can often be trashed in the first couple of days of a new month, it’s worth considering a few recent market nudges in the right direction.

Firstly, the FTSE has managed break through the downtrend since the start of June. This ticks a box.

Secondly, the FTSE has managed to close above the prior highs of this downtrend. This ticks a happier box.

Thirdly, the visuals don’t entirely stink and the FTSE needs slump below 7,300 points to spoil our optimism.

Fourth, a bit contentious, is our calculation the FTSE now intends head to 7,700 points. By exceeding the downtrend since 2018, in this scenario, the index will also find itself trading above any previous levels of 2022, implying happy days are ahead. This potential ticks yet another major box.

Adding everything together, the indications currently suggest August should prove interesting for the FTSE.

From a nearer term perspective, things still manage to suggest optimism as above 7397 now calculates with the potential of gains to an initial 7426 points. If exceeded, our secondary ambition works out at a pretty amazing 7513 points. Beware the danger (again) of a self serving opening second spike upward at the market open, due to the risk of this being used to slow everything down. Thursday produced such behaviour and unfortunately, the Futures markets ran ahead after hours, topping out at 7418 despite the FTSE ending the day at 7345 points.

Hopefully FTSE futures relaxation will allow the FTSE on Friday to open very near to 7345 points, ideally allowing a day of some quite reasonable upward movement.

If everything intends go wrong (near term), below 7308 points allows weakness to an initial 7283 with secondary, if broken, at 7246 and hopefully a solid rebound.

 

Have a good weekend and, if you’re off to Butlins and don’t like Formula 1, you may wish to consider reading Project Hail Mary by Andy Weir, the first sci-fi book I’ve read in many years which proved a complete page turner. He also wrote The Martian, made into a film last year but this book is in a different galaxy.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:39:35PM	BRENT	102.44	101.09	100.18		102.6	104.32	104.745		102	‘cess
9:42:30PM	GOLD	1756.87	1733	1726		1746	1757	1768		1741	Success
9:44:53PM	FTSE	7404.75	7345	7323		7372	7413	7426		7368	‘cess
9:47:44PM	STOX50	3698	3651	3631		3669	3699	3713		3595	Success
9:50:54PM	GERMANY	13450	13152	13042		13260	13450	13490		13316	Success
9:54:10PM	US500	4105.12	4032	4014		4084	4108	4117		4062	Success
9:58:21PM	DOW	32625	32333	32216		32444	32642	32817		32354	Success
10:00:47PM	NASDAQ	12901	12420	12216		12611	12927	12977		12608	Success
10:02:56PM	JAPAN	27948	27743	27667		27805	27960	28017		27823	‘cess

28/07/2022 FTSE Closed at 7345 points. Change of -0.04%. Total value traded through LSE was: £ 5,958,117,609 a change of -17.71%

27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

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:CAR Carclo** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:LLOY Lloyds Grp.** **LSE:SPX Spirax** **

********

Updated charts published on : British Telecom, Carclo, Centrica, Diageo, Glencore Xstra, Lloyds Grp., Spirax,

LSE:BT.A British Telecom Close Mid-Price: 161.85 Percentage Change: -8.09% Day High: 174.8 Day Low: 158.65

Target met. Weakness on British Telecom below 158.65 will invariably lead ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:CAR Carclo Close Mid-Price: 19.35 Percentage Change: -2.52% Day High: 18.95 Day Low: 18.95

Target met. If Carclo experiences continued weakness below 18.95, it will ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

LSE:CNA Centrica Close Mid-Price: 88.84 Percentage Change: -2.35% Day High: 93.5 Day Low: 87.6

In the event of Centrica enjoying further trades beyond 93.5, the share s ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***

LSE:DGE Diageo. Close Mid-Price: 3865 Percentage Change: + 2.63% Day High: 3883.5 Day Low: 3756.5

Target met. Further movement against Diageo ABOVE 3883.5 should improve a ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 449.35 Percentage Change: + 0.53% Day High: 461.45 Day Low: 446.1

In the event of Glencore Xstra enjoying further trades beyond 461.45, the ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:LLOY Lloyds Grp. Close Mid-Price: 44.42 Percentage Change: -1.97% Day High: 46.34 Day Low: 44.16

All Lloyds Grp. needs are mid-price trades ABOVE 46.34 to improve acceler ……..

Subscribe for more

</p

View Previous Lloyds Grp. & Big Picture ***

LSE:SPX Spirax. Close Mid-Price: 11600 Percentage Change: + 3.90% Day High: 11580 Day Low: 11205

In the event of Spirax enjoying further trades beyond 11580, the share sh ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***

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

Convatec Group Plc (LSE:CTEC)

Usually, in an attempt to produce something which is more than just about numbers, we take a glance at what a company is about. Our usual sources, the corporate website and Wikipedia, generally will provide something interesting or funny. With Convatec, the company being pretty focussed on their medical product ranges, and for those with an absurd imagination, (such as myself) information about a company who specialise in “Wound and skin care, ostomy care, continence care, critical care, infusion devices” proved a step too far.

Suffice to say, they’re the real deal.

 

To go straight to the numbers, we actually quite like the current position of Convatec share price. At time of writing, they’re trading around 229p, the share “only” needing above 234p to hopefully trigger some movement toward an initial 250p. While such a movement may not sound like much, visually it’s quite useful, exceeding the long term downtrend sine 2017 and better still, should it trade above 250p, our long term secondary of 277p becomes a valid ambition.

Curiously, we increasingly find ourselves in a strange position with price movements. For instance, the scenario above is thanks to share price history AC (After Covid) but if we opt to review the big picture potentials BC (Before Covid), a quite different scenario is presented, one where we’d typically view the share as heading to 300p with secondary, if bettered, a longer term 365p. It’s possible insufficient time has gone by to allow us to understand which model the market is working to. When the near universal ‘Pandemic Drop’ occurred in March 2020, does this represent a point in time at which the market has opted to start again in calculating price movements. Or will it be the case, once AC movements become exhausted, shall Big Picture influences take over?

 

Regardless, we suspect Convatec shall prove worth keeping an eye on, in the weeks ahead. The price needs below Red (174 currently) to cause a panic.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:48:59PM	BRENT	102.65									Shambles
9:50:50PM	GOLD	1734.7	1711	1707	1696	1722	1737	1741	1745	1730	Success
9:52:59PM	FTSE	7382.38
9:54:58PM	STOX50	3629.6									‘cess
10:02:14PM	GERMANY	13236.99									‘cess
10:08:35PM	US500	4017.07									Success
10:10:30PM	DOW	32176									Success
10:12:53PM	NASDAQ	12553	12363	12238	12095	12474	12665	12685	12896	12513	Success
10:14:48PM	JAPAN	28007									Success

27/07/2022 FTSE Closed at 7348 points. Change of 0.57%. Total value traded through LSE was: £ 7,240,157,901 a change of 9.37%

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

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:ASC Asos** **LSE:BBY BALFOUR BEATTY** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:PMG Parkmead** **

********

Updated charts published on : Aston Martin, Asos, BALFOUR BEATTY, Diageo, Glencore Xstra, British Airways, IQE, Lloyds Grp., Natwest, Parkmead,

LSE:AML Aston Martin. Close Mid-Price: 460 Percentage Change: + 5.46% Day High: 464.4 Day Low: 433

If Aston Martin experiences continued weakness below 432, it will invariab ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:ASC Asos. Close Mid-Price: 1035 Percentage Change: + 0.29% Day High: 1069 Day Low: 1003

Weakness on Asos below 1003 will invariably lead to 972 with secondary (if ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 275.4 Percentage Change: + 1.40% Day High: 276.4 Day Low: 272.6

In the event of BALFOUR BEATTY enjoying further trades beyond 277, the sha ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

LSE:DGE Diageo. Close Mid-Price: 3766 Percentage Change: + 1.05% Day High: 3795 Day Low: 3728.5

Target Met. Now above 3796 expects 3812 next with secondary, if beaten, at ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 447 Percentage Change: + 1.87% Day High: 447.3 Day Low: 436.7

Further movement against Glencore Xstra ABOVE 448 should improve accelerat ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 119.06 Percentage Change: + 5.21% Day High: 119.82 Day Low: 113.18

Above^ 120 continues pointing at 131 next. If bettered, our longer term se ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:IQE IQE. Close Mid-Price: 42.9 Percentage Change: + 6.58% Day High: 43 Day Low: 40.3

Target Met. Now above 43 suggests 50p next with secondary, if bettered, a ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:LLOY Lloyds Grp.. Close Mid-Price: 45.32 Percentage Change: + 4.11% Day High: 45.9 Day Low: 44.8

Further movement against Lloyds Grp. ABOVE 45.9 should improve acceleratio ……..

Subscribe for more

</p

View Previous Lloyds Grp. & Big Picture ***

LSE:NWG Natwest. Close Mid-Price: 233.5 Percentage Change: + 1.79% Day High: 237 Day Low: 231.8

All Natwest needs are mid-price trades ABOVE 237 to improve acceleration ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***

LSE:PMG Parkmead. Close Mid-Price: 65.1 Percentage Change: + 6.55% Day High: 66 Day Low: 60.4

Target met. Further movement against Parkmead ABOVE 66 should improve acc ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

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

#FTSE #SP500

The name successfully conceals an organisation which has, since 1909, been trading internationally with some considerable success. It was all the fault of Henry Ford and his everyman car, the Model T. Rubber plantations in Asia needed money to expand fast, due to the burgeoning demand for car tyres, and the original incarnation of the company stepped forward.

A few years later, their name changed to Scottish Mortgage and Investment Trust, the company expanded their interests, now including equity markets worldwide. LSE:SMT once had a chairman who famously expressed “The fact is that this country has got itself into a really dreadful mess… We continue to have more confidence in investment prospects overseas than in the UK“. This was in 1975 but it’s certain the sentiment remains true, their activities still being global.

 

From an immediate share price perspective, there’s quite a lot pointing toward optimism. But unfortunately, the price need only tumble below 800p to risk triggering reversal to 740p next. Visually, such an ambition isn’t terrible, essentially matching the level of the Blue trend break at the start of July. Normally we’d anticipate a bounce should such a reversal occur, especially as things become dangerous in the event 740p breaks as “bottom” calculates at 619p, a price level from which it’s difficult to visualise any quick recovery.

However, the share price “only” needs exceed the recent high of 884p to enter the realms of hope, calculating with an initial recovery potential to 978p initially with secondary, if exceeded, a more encouraging target at 1164p.

Our inclination is to suspect Scottish Mortgage Investment Trust share price intends recovery in the months ahead as the market made a very deliberate movement to break through the immediate Blue downtrend. Fingers crossed time!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:39:22PM	BRENT	99.75									Shambles
10:42:54PM	GOLD	1717.53
10:44:55PM	FTSE	7309.54	7287	7280	7251	7318	7367	7391	7430	7329	‘cess
10:46:40PM	STOX50	3576
10:49:51PM	GERMANY	13116.67									‘cess
10:51:38PM	US500	3936	3910	3898	3860	3942	3963	3976	3998	3938	Success
10:53:25PM	DOW	31797
10:55:35PM	NASDAQ	12147									‘cess
10:57:25PM	JAPAN	27478									Success

26/07/2022 FTSE Closed at 7306 points. Change of 0%. Total value traded through LSE was: £ 6,619,636,706 a change of 9.19%

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:NWG Natwest** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, Asos, Centrica, Diageo, Glencore Xstra, IG Group, Natwest, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 436.2 Percentage Change: -7.11% Day High: 480 Day Low: 437.2

If Aston Martin experiences continued weakness below 437.2, it will invar ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:ASC Asos Close Mid-Price: 1032 Percentage Change: -7.94% Day High: 1140 Day Low: 1028

Weakness on Asos below 1028 will invariably lead to 972 with secondary (i ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:CNA Centrica. Close Mid-Price: 89.38 Percentage Change: + 1.06% Day High: 91.06 Day Low: 88.26

Further movement against Centrica ABOVE 91.06 should improve acceleration ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***

LSE:DGE Diageo. Close Mid-Price: 3727 Percentage Change: + 0.13% Day High: 3742.5 Day Low: 3708.5

Continued trades against DGE with a mid-price ABOVE 3742.5 should improve ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 438.8 Percentage Change: + 1.39% Day High: 445.55 Day Low: 437.2

Further movement against Glencore Xstra ABOVE 445.55 should improve accel ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:IGG IG Group Close Mid-Price: 789.5 Percentage Change: -0.75% Day High: 805.5 Day Low: 789.5

Further movement against IG Group ABOVE 805.5 should improve acceleration ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:NWG Natwest Close Mid-Price: 229.4 Percentage Change: -0.35% Day High: 233.6 Day Low: 228.1

In the event of Natwest enjoying further trades beyond 233.6, the share s ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***

LSE:ZOO Zoo Digital. Close Mid-Price: 126 Percentage Change: + 1.20% Day High: 126 Day Low: 124.5

All Zoo Digital needs are mid-price trades ABOVE 126 to improve accelerat ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

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

#Gold #SP500 It appears Yellow Cake shares are about as near to uranium enjoying a dedicated index as possible. To quote from the company website: “Yellow Cake is a uranium focused company offering direct exposure to the spot uranium price without exploration, development, mining or processing risk

“. It appears the company owns and stores uranium oxide in various locations in both Canada and France.

Barely a month goes by without someone enquiring about uranium, invariably discussing North American based companies, as increasingly it seems many investors are becoming confident “Nuclear” shall become the greenest route to the future. Personally, an expectation the new Rolls Royce micro reactors shall provide a welcome boost to the company share price, is the reason we perhaps watch the share too closely, suspecting at some point it shall boost upward, regardless of whatever is going on with the aviation industry.

 

Yellow Cake Plc has certainly enjoyed quite strong and steady movement since the inevitable pandemic low back in 2020. Through thick and thin, the share price has paid enormous respect to the Red uptrend on the chart below.

The implication of this slavish devotion suggests a slight threat of any future weakness below 313p triggering reversal to an initial 287p with secondary, if broken, at 259p and hopefully a bounce. In many ways, the share price dare not close a session below 259p as, longer term, we currently cannot calculate any sort of reliable bottom.

On a more positive note, above the immediate Blue downtrend, presently just 261p, works out with some useful potentials as it risks triggering recovery to an initial 373p with secondary, if exceeded, at a longer term 409p and some very possible hesitation. With closure above 409p, we shall be required to revisit our tea leaves, thanks to some quite interesting long term potentials.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:09:32PM	BRENT	100.41
10:11:06PM	GOLD	1720.23	1714	1710	1701	1721	1736	1740	1748	1722	Shambles
10:13:35PM	FTSE	7308
10:16:45PM	STOX50	3602.2
10:19:13PM	GERMANY	13191									Success
10:21:12PM	US500	3955.47	3942	3930	3911	3976	3987	3994	4011	3952	Success
10:23:20PM	DOW	31840
10:25:25PM	NASDAQ	12286									Shambles
10:27:24PM	JAPAN	27730

25/07/2022 FTSE Closed at 7306 points. Change of 0.41%. Total value traded through LSE was: £ 6,062,435,734 a change of 37.23%

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

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:BBY BALFOUR BEATTY** **LSE:DARK Darktrace Plc** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:SNN Sanne Plc** **LSE:SRP Serco** **LSE:TW. Taylor Wimpey** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : BALFOUR BEATTY, Darktrace Plc, Hurrican Energy, IG Group, Marks and Spencer, Sanne Plc, Serco, Taylor Wimpey, Zoo Digital,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 272 Percentage Change: + 1.80% Day High: 274.6 Day Low: 267.4

In the event of BALFOUR BEATTY enjoying further trades beyond 274.6, the ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

LSE:DARK Darktrace Plc Close Mid-Price: 365.9 Percentage Change: -3.20% Day High: 382.7 Day Low: 365.3

Continued trades against DARK with a mid-price ABOVE 382.7 should improve ……..

Subscribe for more

</p

View Previous Darktrace Plc & Big Picture ***

LSE:HUR Hurrican Energy. Close Mid-Price: 8.45 Percentage Change: + 16.55% Day High: 9 Day Low: 7.47

Target met. Further movement against Hurrican Energy ABOVE 9 should impro ……..

Subscribe for more

</p

View Previous Hurrican Energy & Big Picture ***

LSE:IGG IG Group. Close Mid-Price: 795.5 Percentage Change: + 2.65% Day High: 797.5 Day Low: 771

Continued trades against IGG with a mid-price ABOVE 797.5 should improve ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 145.4 Percentage Change: + 0.41% Day High: 148 Day Low: 144

Further movement against Marks and Spencer ABOVE 148 should improve accel ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

LSE:SNN Sanne Plc. Close Mid-Price: 920 Percentage Change: + 0.66% Day High: 924 Day Low: 917

Continued trades against SNN with a mid-price ABOVE 924 should improve th ……..

Subscribe for more

</p

View Previous Sanne Plc & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 186.8 Percentage Change: + 2.41% Day High: 188.7 Day Low: 180.4

Continued trades against SRP with a mid-price ABOVE 188.7 should improve ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:TW. Taylor Wimpey. Close Mid-Price: 127 Percentage Change: + 0.63% Day High: 128 Day Low: 124.15

Target met. All Taylor Wimpey needs are mid-price trades ABOVE 128 to imp ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***

LSE:ZOO Zoo Digital. Close Mid-Price: 124.5 Percentage Change: + 1.22% Day High: 124.5 Day Low: 123

Continued trades against ZOO with a mid-price ABOVE 124.5 should improve ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

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

#Brent #STOXX50

As always, we’re frustrated with Lloyds. When we glance at the FTSE, since the start of 2020 before the pandemic, the index is down 4.3%. In the same period, Lloyds Banking share price is down 31.7%! Surely the retail banks must discover an excuse to exhibit some recovery, if only to mirror FTSE movements. Even Barclays share price is down by 15% compared with the start of 2020 whereas Natwest has only suffered a 5.4% price discount.

Technically speaking, it’s all just not fair. In fairness to Natwest, there’s a constant feeling the market simply cannot be bothered with Natwest dramatics and this, unfortunately, tends suggest should any recovery occur, we will find Natwest sneaking behind the bicycle shed for a smoke, while the rest of the retail banks pedal off into the distance. Traditionally, we do tend be quite sceptical about Natwest. But in the case of Lloyds, if there’s any truth in an argument a price needs go down before it can go up, with a 31.7% reduction, maybe it’s poised to display some surprise behaviour at some point in the future. We shall continue to hope. The pretty chart below illustrates quite painfully the lack of excitement with Lloyds Bank. Maybe the recent order from the banking authority demanding they display customer satisfaction statistics in branches will make all the difference to the company shares…

Currently, we notice a few commentators refer to Lloyds shares as “cheap”, something which makes us cringe, often the kiss of death to a share price. Remember, the #1 Rule in the marketplace is a lack of any guarantee. But in our hunt for sanity with Lloyds, we’re now inclined to allocate 47.3p as a potential trigger level, one which should finally give early warning the price is coming out of the gutter and making an attempt to head upward. Should the market deign to sprinkle some pixy dust on such a trigger, the Big Picture now suggests the potential for strong movement as the Longer Term view currently calculates movement above 47.3p as capable of reaching for an initial 63p, essentially a return to the pre-Pandemic price level. Our secondary, should the initial be exceeded, works out at 76p and a visit to price levels not witnessed since 2014. Visually, our 63p ambition is believable but the jury is firmly “out” on the secondary.

 

Unfortunately, there’s always an alternate scenario. In the event Lloyds share price opts to wear big clown shoes and a red nose, below 41p looks especially dangerous as there’s a real risk such a trigger shall provoke reversal to 34p next with secondary, if broken, at 27p and hopefully a bounce from the clown trampoline.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
2:46:50PM	BRENT	99.4	98.34	96.58	88.94	101.7	102.2	103.5	105.22	99.4
2:56:16PM	GOLD	1728
3:21:45PM	FTSE	7250
3:26:53PM	STOX50	3581	3564	3544	3517	3585	3625	3631	3651	3595
3:40:33PM	GERMANY	13175
4:59:33PM	US500	3961
5:01:38PM	DOW	31900
5:03:57PM	NASDAQ	12397
5:05:58PM	JAPAN	27704

 

22/07/2022 FTSE Closed at 7276 points. Change of 0.08%. Total value traded through LSE was: £ 4,417,687,866 a change of -18.83%

21/07/2022 FTSE Closed at 7270 points. Change of 0.08%. Total value traded through LSE was: £ 5,442,605,910 a change of -14.07%

20/07/2022 FTSE Closed at 7264 points. Change of -0.44%. Total value traded through LSE was: £ 6,333,828,189 a change of 35.6%

19/07/2022 FTSE Closed at 7296 points. Change of 1.01%. Total value traded through LSE was: £ 4,670,793,885 a change of -13.24%

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%

15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%

14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%

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:ASC Asos** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, Asos, Experian, IG Group, Spirax, Taylor Wimpey,

LSE:AML Aston Martin Close Mid-Price: 483.6 Percentage Change: -8.69% Day High: 533.2 Day Low: 460

Perhaps it all depends on this weekends racing but AML share price looks t ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:ASC Asos. Close Mid-Price: 1157 Percentage Change: + 3.03% Day High: 1181 Day Low: 1121

Target met. Further movement against Asos ABOVE 1181 should improve accel ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:EXPN Experian Close Mid-Price: 2834 Percentage Change: -0.04% Day High: 2875 Day Low: 2825

Further movement against Experian ABOVE 2875 should improve acceleration ……..

Subscribe for more

</p

View Previous Experian & Big Picture ***

LSE:IGG IG Group Close Mid-Price: 775 Percentage Change: -1.02% Day High: 795 Day Low: 769.5

In the event of IG Group enjoying further trades beyond 795, the share sh ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:SPX Spirax. Close Mid-Price: 11335 Percentage Change: + 0.04% Day High: 11505 Day Low: 11245

Target met. Further movement against Spirax ABOVE 11505 should improve ac ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***

LSE:TW. Taylor Wimpey. Close Mid-Price: 126.2 Percentage Change: + 0.24% Day High: 126.75 Day Low: 124

In the event of Taylor Wimpey enjoying further trades beyond 126.75, the ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***

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