Telecom Plus Plc looks useful (LSE:TEP)

#Gold #WallSt

To be honest, it was easy to completely forget about the little boxes which plugged into a phone socket, routing outbound calls to cheaper providers than British Telecom. This was back in the late 1990’s, when BT tended treat innovation as a nuisance and sometimes, even behaved as if this new fangled Broadband was inconvenient. It transpires TelecomPlus were behind the Smart Box, now rebranded as Utility Warehouse.

It’s quite nice to realise an innovator not only survived but has actually flourished in the period since. Currently trading around 1720p, the shares could be picked up for 62p back in 2002. Also interesting to note is our favourite source of salacious gossip for shares, Wikipedia, is devoid of any juicy information. We picked up an accurate summary of Telecom Plus activities from their “About Us” page (below), giving more information than Wikipedia achieves!

Currently, something quite interesting is happening with LSE:TEP share price as it’s achieving higher highs than any point since 2014. Perhaps more importantly, there was some sort of Glass Ceiling vaguelly around the 15.50 quid level and the share appears desperate to leave it being. Now above 1724p calculates with the potential of price growth to an initial 1870p, a point at which we’d suspect some hesitation. Unfortunately, there’s an argument developing against the potentials, should such a level be exceeded.

Above 1870p, certainly presents a secondary target of a nice round 2000p. However, if our 15.50 quid Glass Ceiling argument is valid, the share price could simply continue acceleration to a longer term 2340p.

We’re pretty optimistic against this one and it needs below 1460p to foul our calculations for the future.

 

Many thanks to the nice people who discover fascinating adverts to visit on this page. The income from clicks keeps the coffee pouring.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:45:43PM BRENT 119.23 Shambles
10:47:30PM GOLD 1841 1840 1834 1820 1857 1858 1864 1872 1847
10:49:28PM FTSE 7608 ‘cess
10:51:17PM FRANCE 6538 ‘cess
10:58:27PM GERMANY 14693 Success
11:00:05PM US500 4123.17
11:02:10PM DOW 32924.2 32796 32636 32427 32982 33263 33443 33652 33038
11:04:10PM NASDAQ 12608
11:06:26PM JAPAN 28019 Success
6/06/2022 FTSE Closed at 7608 points. Change of 1.01%. Total value traded through LSE was: £ 6,070,626,814 a change of 3.85%
1/06/2022 FTSE Closed at 7532 points. Change of -0.99%. Total value traded through LSE was: £ 5,845,714,503 a change of -53.49%
31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%
30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%
27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%
26/05/2022 FTSE Closed at 7564 points. Change of -100%. Total value traded through LSE was: £ 5,961,976,188 a change of 0%
25/05/2022 FTSE Closed at 7522 points. Change of 0%. Total value traded through LSE was: £ 6,164,105,326 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **

********

Updated charts published on : Block Energy PLC, BP PLC, Cellular Goods, Diageo, Firstgroup, Gulf Keystone, Glencore Xstra, Hurrican Energy, Igas Energy, Natwest, Ocado Plc, Oxford Instruments, Rolls Royce, Serco,

LSE:BLOE Block Energy PLC. Close Mid-Price: 1.65 Percentage Change: + 1.54% Day High: 1.85 Day Low: 1.62

In the event of Block Energy PLC enjoying further trades beyond 1.85, the ……..

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LSE:BP. BP PLC. Close Mid-Price: 440.45 Percentage Change: + 2.12% Day High: 444.5 Day Low: 436.2

All BP PLC needs are mid-price trades ABOVE 444.5 to improve acceleration ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 2 Percentage Change: + 2.56% Day High: 2.08 Day Low: 1.95

Continued trades against CBX with a mid-price ABOVE 2.08 should improve t ……..

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LSE:DGE Diageo. Close Mid-Price: 3704.5 Percentage Change: + 2.28% Day High: 3737 Day Low: 3663

All Diageo needs are mid-price trades ABOVE 3737 to improve acceleration ……..

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LSE:FGP Firstgroup Close Mid-Price: 136 Percentage Change: -0.73% Day High: 143.6 Day Low: 134.9

Further movement against Firstgroup ABOVE 143.6 should improve accelerati ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 295 Percentage Change: + 2.61% Day High: 301 Day Low: 288

In the event of Gulf Keystone enjoying further trades beyond 301, the sha ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 541.5 Percentage Change: + 3.40% Day High: 542.6 Day Low: 529.7

Continued trades against GLEN with a mid-price ABOVE 542.6 should improve ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 7.44 Percentage Change: -4.12% Day High: 7.84 Day Low: 7.25

If Hurrican Energy experiences continued weakness below 7.25, it will inv ……..

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LSE:IGAS Igas Energy Close Mid-Price: 26.6 Percentage Change: -0.75% Day High: 27.4 Day Low: 25

Target met. Continued weakness against IGAS taking the price below 25 cal ……..

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LSE:NWG Natwest. Close Mid-Price: 230.4 Percentage Change: + 1.63% Day High: 233.1 Day Low: 228.6

Continued trades against NWG with a mid-price ABOVE 233.1 should improve ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 951.4 Percentage Change: + 4.71% Day High: 953.6 Day Low: 917.4

Target met. Further movement against Ocado Plc ABOVE 953.6 should improve ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2335 Percentage Change: + 4.94% Day High: 2370 Day Low: 2200

Target met. Further movement against Oxford Instruments ABOVE 2370 should ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 92.92 Percentage Change: + 4.72% Day High: 93.81 Day Low: 89.16

Target met. In the event of Rolls Royce enjoying further trades beyond 94 ……..

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LSE:SRP Serco. Close Mid-Price: 180 Percentage Change: + 0.61% Day High: 182.5 Day Low: 178.1

Continued trades against SRP with a mid-price ABOVE 182.5 should improve ……..

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

Barclays Plc, taking wings?

#Brent #CAC40

(LSE:BARC) When we previously reviewed #Barclays, we’d a thing about 140p, giving grave warnings should such a level break. Thankfully, the share price has avoided such a trigger level like a politician avoiding the truth, carefully skirting around it. Hopefully this is final confirmation some residual value is seen in the bank share price, despite its horrific behaviour since dinosaurs ruled the earth.

This, of course, logically brings us to ‘Jurassic World Dominion’, due in UK cinemas this week. A neighbour is visiting Los Angeles and blagged his way into a special early screening last week. His take appears quite straightforward, deeming it worth going to a cinema to see as the original gang are back together again. Perhaps this, coupled with another few recent major titles, shall contribute to cinema chain share prices showing some solid recovery.

 

Barclays share price is certainly showing potentials, almost presenting itself as pretty close to a sure thing. Of course, given we are discussing a retail bank and thus, it must be remembered there’s no such thing as a “sure thing” where a UK bank is concerned. It was amusing reading some notes on profitability, realising the 3rd most profitable part of Barclays is based in Luxemburg, an office with just 54 staff members and potentially a branch where income is legally diverted to avoid paying UK taxes. The story had a certain whiff of the bank taking careful aim at their own share price, once again!

For now, above 174p should trigger confident price movement to an initial 188p with secondary, if exceeded, now calculating at 204p. To spoil such a party, the share needs break below 161p as this would utterly foul our calculations.

Hopefully, movement to our 188p target level comes quicker than the August Bank Holiday which currently feels like a very distant hope.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
6:18:19PM BRENT 120.51 115.59 114.94 112.92 117.13 120.9 121.32 123.99 118.6
6:20:38PM GOLD 1851
6:34:57PM FTSE 7567
7:14:40PM FRANCE 6486 6470 6456 6424 6497 6552 6564 6619 6522
7:16:46PM GERMANY 14495
7:41:41PM US500 4108
7:43:26PM DOW 32896
7:46:49PM NASDAQ 12548
7:48:22PM JAPAN 27561
1/06/2022 FTSE Closed at 7532 points. Change of -0.99%. Total value traded through LSE was: £ 5,845,714,503 a change of -53.49%
31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%
30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%
27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%
26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%
25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%
24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:BLVN Bowleven** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Block Energy PLC, Bowleven, Cellular Goods, Diageo, Hurrican Energy, Igas Energy, Serco, Standard Chartered,

LSE:BLOE Block Energy PLC. Close Mid-Price: 1.62 Percentage Change: + 16.07% Day High: 1.62 Day Low: 1.4

Further movement against Block Energy PLC ABOVE 1.62 should improve accel ……..

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LSE:BLVN Bowleven. Close Mid-Price: 2.5 Percentage Change: + 0.00% Day High: 2.5 Day Low: 2.38

Weakness on Bowleven below 2.38 will invariably lead to 1.5 with secondar ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 1.95 Percentage Change: + 5.41% Day High: 1.95 Day Low: 1.85

All Cellular Goods needs are mid-price trades ABOVE 1.95 to improve accel ……..

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View Previous Cellular Goods & Big Picture ***

LSE:DGE Diageo Close Mid-Price: 3622 Percentage Change: -1.44% Day High: 3731.5 Day Low: 3621.5

In the event of Diageo enjoying further trades beyond 3731.5, the share s ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 7.76 Percentage Change: -2.51% Day High: 7.9 Day Low: 7.61

In the event Hurrican Energy experiences weakness below 7.61 it calculate ……..

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LSE:IGAS Igas Energy Close Mid-Price: 26.8 Percentage Change: -3.94% Day High: 28.7 Day Low: 26

Weakness on Igas Energy below 26 will invariably lead to 25 with secondar ……..

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LSE:SRP Serco. Close Mid-Price: 178.9 Percentage Change: + 1.53% Day High: 181.5 Day Low: 177.3

Target met. All Serco needs are mid-price trades ABOVE 181.5 to improve a ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 632.8 Percentage Change: + 0.48% Day High: 640.2 Day Low: 631.8

Continued trades against STAN with a mid-price ABOVE 640.2 should improve ……..

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

Will Tullow Oil Plc drag itself up?

#FTSE #Gold

The other day, news broke that the woman who wrote “How To Murder Your Husband!” had been arrested, for murdering her husband. Perhaps someone at Tullow has a similar cunning plan, albeit perhaps too late, and will produce a book called “How To Murder A Share Price!”. From a high of 16 quid in 2012 to a low of 7.5p in 2020 took a special sort of management skill.

Thankfully, Wikipedia host a page which covers Tullows exploits and misfortunes in fascinating detail, the sum total of which indicates doing business in Africa is difficult and relying on the UK Government for help may perhaps become an error. It even gives mention to “Government figures were embroiled in the nexus of money and power fuelling climate change include William Hague, George Osborne, Michael Gove, Oliver Letwin, Vince Cable and Prime Minister David Cameron himself. Both William Hague and Michael Gove were said to have connections to Tullow”… Surprisingly, there’s no mention of the current UK PM.

The above screenshot is from their “About Us” page, surely suggesting the company must enjoy a strong base, a solid level from which the company share price almost must exhibit some recovery given what’s happening with Oil and Gas prices world wide? Unfortunately, at present there’s very little hope being displayed by recent price movements and perhaps investors feel understandably nervous, due to the company track record.

Presently trading around 55p, the share price requires exceed 61.5p to exceed Blue on the chart, a downtrend since 2019 which we feel shall prove relevant to the future. Movement above this line looks extremely capable of triggering recovery to an initial 69 with secondary, if bettered, at a comfortable looking 71.5p. We’ve a collection of different indicators, all giving the 71p level as a key target level, one which should prove game changing for the longer term, if the share price manages to close above 71p.

For now, there appears a slight issue, should the price discover an excuse to ignore world events and slump below 52p. This is potentially nasty, risking a visit to an initial 48p with secondary, if broken, at a hopeful bottom of 38p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:20:00PM BRENT 115.76 115.02 113.43 111 116.47 120.14 120.84 122.78 118.45 ‘cess
9:21:49PM GOLD 1836.76 Success
9:28:39PM FTSE 7599 7570 7545 7510 7605 7648 7661 7691 7610 Success
9:30:48PM FRANCE 6474 Success
9:34:04PM GERMANY 14424 Success
9:43:09PM US500 4130 Success
9:45:51PM DOW 33051 Success
9:50:06PM NASDAQ 12650 Success
9:51:59PM JAPAN 27208 Shambles
31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%
30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%
27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%
26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%
25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%
24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%
23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%

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:BP. BP PLC** **LSE:ECO ECO (Atlantic) O & G** **LSE:IGAS Igas Energy** **LSE:SRP Serco** **LSE:TRN The Trainline** **

********

Updated charts published on : BP PLC, ECO (Atlantic) O & G, Igas Energy, Serco, The Trainline,

LSE:BP. BP PLC. Close Mid-Price: 434.25 Percentage Change: + 0.17% Day High: 441.3 Day Low: 431.35

Further movement against BP PLC ABOVE 441.3 should improve acceleration t ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 30.5 Percentage Change: + 4.10% Day High: 30.5 Day Low: 29.25

Target met. All ECO (Atlantic) O & G needs are mid-price trades ABOVE 30. ……..

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LSE:IGAS Igas Energy Close Mid-Price: 27.9 Percentage Change: -2.11% Day High: 30 Day Low: 27.5

Target met. In the event Igas Energy experiences weakness below 27.5 it c ……..

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LSE:SRP Serco. Close Mid-Price: 176.2 Percentage Change: + 0.51% Day High: 178 Day Low: 175.3

In the event of Serco enjoying further trades beyond 178, the share shoul ……..

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LSE:TRN The Trainline Close Mid-Price: 318.7 Percentage Change: -2.92% Day High: 333.4 Day Low: 315.4

All The Trainline needs are mid-price trades ABOVE 333.4 to improve accel ……..

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

Comptoir Group Plc, faster than a speeding camel.

#Gold #Nasdaq

We received a few emails asking about Comptoir, due to this AIM listed Lebanese themed restaurant chain share price umping by a solid 48%. The reason was fairly straightforward, a return to normality has brought a return to profits. The corporate website is worth a visit, if only due to their homage to the Queen at the bottom of the screen.

It certainly made for a pleasant change, seeing a Brit who isn’t Tommy Cooper wearing a red Fez.

Here in Argyll, there’s a distinct lack of Lebanese cuisine, an absence enhanced by the wonderful collection of Lebanese recipe food on the website. Perhaps next time we take a visit to England, it will be worth trying the experience as the chain don’t have a presence north of the border. Unfortunately, every single experience of food from “that side of the Med” has ensured a thoroughly spoiled holiday and a surprise weight loss regime. Our last trip to Egypt prompted a final travel embargo, thanks to previous culinary disasters on trips to Morocco, Algeria, and Tunisia. However, despite enjoying a ‘sensitive tummy’, the opportunity of trying a nations traditional food from the safety of London holds a certain attraction.

 

Comptoir share price certainly managed to move faster than myself running to a toilet in Cairo. Despite it closing the day at 8p after a day high at 11.75p, we shall be curious should it now find sufficient impetus to exceed 10.9p. Movement such as this is liable to now trigger a dash in the direction of 15p next. We tend suspect some hesitation at such a level, should it grace our screens, if only due to a prior high back in 2019. Sometimes the prospect of a glass ceiling becomes a self fulfilling prophecy. However, above 15p calculates with the potential of 18.5p as a secondary, a target level we’re not currently inclined to hold out hope for.

Closure above 15p shall become quite a big deal in the longer term, effectively placing the price in a region with the potential of a distant 29p.

 

Alas, there is a small problem with all this optimism and it comes from the faint Grey trendline on the chart. (see inset) This line represents the shares closing price highs since 2019 and for some reason, the market refused to let the share close above this particular trend, despite the price being substantially higher during the session. This behaviour gives a worrying message of the market keeping an eye on the share, along with an unpleasant threat of below 7.75p triggering reversal back to 5.25p, entrenching the price until such time a future excuse is discovered for another attempt at growth.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:31:01PM BRENT 117.67 ‘cess
9:34:08PM GOLD 1855.87 1847 1845 1841 1861 1863 1872 1883 1851 Shambles
9:36:58PM FTSE 7611.9 ‘cess
9:39:26PM FRANCE 6565.2 ‘cess
9:41:19PM GERMANY 14587
10:10:32PM US500 4180.1 Success
10:12:57PM DOW 33299 ‘cess
10:14:47PM NASDAQ 12816 12715 12673 12604 12802 12882 12907 12966 12828
10:16:56PM JAPAN 27321 Success
30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%
27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%
26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%
25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%
24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%
23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%
20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%

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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:IAG British Airways** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **

********

Updated charts published on : Aviva, Astrazeneca, Barclays, Cellular Goods, Diageo, ECO (Atlantic) O & G, MAN, British Airways, Natwest, Ocado Plc, Rolls Royce, Serco, Standard Chartered, Tern Plc, The Trainline,

LSE:AV. Aviva Close Mid-Price: 434.7 Percentage Change: -1.41% Day High: 443.2 Day Low: 433.7

Further movement against Aviva ABOVE 443.2 should improve acceleration to ……..

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LSE:AZN Astrazeneca Close Mid-Price: 10468 Percentage Change: -1.06% Day High: 10676 Day Low: 10396

All Astrazeneca needs are mid-price trades ABOVE 10676 to improve acceler ……..

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LSE:BARC Barclays. Close Mid-Price: 171.22 Percentage Change: + 0.49% Day High: 173.34 Day Low: 170.12

Target met. Continued trades against BARC with a mid-price ABOVE 173.34 s ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.7 Percentage Change: -2.86% Day High: 1.7 Day Low: 1.45

If Cellular Goods experiences continued weakness below 1.45, it will inva ……..

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LSE:DGE Diageo. Close Mid-Price: 3668.5 Percentage Change: + 0.69% Day High: 3712.5 Day Low: 3649

Further movement against Diageo ABOVE 3712.5 should improve acceleration ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 29.3 Percentage Change: + 3.90% Day High: 29.5 Day Low: 28.5

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LSE:EMG MAN. Close Mid-Price: 259.6 Percentage Change: + 0.70% Day High: 264.6 Day Low: 257.2

All MAN needs are mid-price trades ABOVE 264.6 to improve acceleration to ……..

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LSE:IAG British Airways. Close Mid-Price: 135.04 Percentage Change: + 3.49% Day High: 136.9 Day Low: 133.42

Continued trades against IAG with a mid-price ABOVE 136.9 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 228.9 Percentage Change: + 0.75% Day High: 231.7 Day Low: 228.1

Further movement against Natwest ABOVE 231.7 should improve acceleration ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 935.2 Percentage Change: + 3.75% Day High: 944.8 Day Low: 897.8

Target met. All Ocado Plc needs are mid-price trades ABOVE 944.8 to impro ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 88.99 Percentage Change: + 2.39% Day High: 89.99 Day Low: 87.05

Continued trades against RR. with a mid-price ABOVE 89.99 should improve ……..

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LSE:SRP Serco. Close Mid-Price: 175.3 Percentage Change: + 0.81% Day High: 176.2 Day Low: 171.3

Target met. Further movement against Serco ABOVE 176.2 should improve acc ……..

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LSE:STAN Standard Chartered Close Mid-Price: 626.6 Percentage Change: -0.06% Day High: 634.2 Day Low: 625.2

Target met. All Standard Chartered needs are mid-price trades ABOVE 634.2 ……..

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LSE:TERN Tern Plc. Close Mid-Price: 16.75 Percentage Change: + 11.67% Day High: 17.25 Day Low: 15

Target met. Continued trades against TERN with a mid-price ABOVE 17.25 sh ……..

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LSE:TRN The Trainline. Close Mid-Price: 328.3 Percentage Change: + 2.08% Day High: 330 Day Low: 321.6

In the event of The Trainline enjoying further trades beyond 330, the sha ……..

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

Will Natwest “do a Ferrari?”

#Brent #Dax As it’s Kitchen Day in the USA, there’s a fair chance European markets shall open, move around a bit, then return to where they started at the end of business. This behaviour is almost like why we refer to this holiday as Kitchen Day, rather than its real title, “Memorial Day”. After all, everyone goes into the kitchen at some point, randomly opening drawers, before conceding they’ve forgotten why they were there in the first place, returning to the lounge or wherever with a vague hope you remember what prompted the visit.

In our own home, we’ve turned this ridiculous behaviour into an art, each of us constructing flamboyant answers to the inevitable question, “What was I looking for?” I think my wife won a personal best, when in utter frustration she grabbed her spare glasses, carelessly trying to fit them over the glasses she was already wearing. Glasses which, she’d gone into the kitchen to search for…

 

Last time we covered Natwest, we moaned it was as boring as the Miami GP. This time around, Monaco managed to defy expectations and produce a race which wasn’t entirely a snooze fest. The secret, as often is the case with Formula 1, was an ingredient often missing with this spectator event. “Just Add Water” in the shape of rain made the first half of proceedings fairly interesting, until everything reverted to type as the track dried out. Ferrari, with amazing incompetence, managed to give the winning position away and thus, became the first team since 2008 to fail to win despite qualifying first and second. The team in 2008 who pulled off this trick was, Ferrari… Hopefully Natwest share price doesn’t attempt to “do a Ferrari” as things are looking quite hopeful currently.

The key issue, as mentioned three weeks ago, is 227p. On Friday, the share closed the session at 227.2p, thus finding itself in pole position for some acceleration. Next above 230p should produce an attempt at 248p next with secondary, if exceeded, an amazing 270p. The reason we’re some impressed at the potential of 270p is simple. Such a movement risks becoming game changing for the retail banks long term potentials. We’ve shown them on the chart but shall refrain from saying them aloud, lest we jinx the process!

 

For things to go horribly wrong, the share price needs break below Blue, the long term downtrend, last stabbed by the Russia drop which looks capable of becoming a distant memory. Below 195p currently threatens reversal to 155p with secondary, if broken, an eventual bottom at 126p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
3:14:49PM BRENT 115.66 113.4 112.705 111.59 114.9 116.05 117.26 118.56 115 ‘cess
3:50:08PM GOLD 1854 ‘cess
4:04:58PM FTSE 7597 ‘cess
2:18:37PM FRANCE 6529 Success
2:31:09PM GERMANY 14534 14227 14178 14059 14300 14535 14651 14790 14400 Success
2:58:54PM US500 4158 Success
3:06:36PM DOW 33204 ‘cess
3:24:13PM NASDAQ 12679 Success
3:29:56PM JAPAN 27145 Success

 

27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%
26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%
25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%
24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%
23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%
20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%
19/05/2022 FTSE Closed at 7302 points. Change of -1.83%. Total value traded through LSE was: £ 7,040,483,001 a change of 0.49%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:IGAS Igas Energy** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **

********

Updated charts published on : Barclays, MAN, Firstgroup, Igas Energy, Ocado Plc, Oxford Instruments, Serco, Standard Chartered, Tern Plc, The Trainline,

LSE:BARC Barclays. Close Mid-Price: 170.38 Percentage Change: + 1.61% Day High: 171.08 Day Low: 166.46

Further movement against Barclays ABOVE 171.08 should improve acceleratio ……..

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LSE:EMG MAN. Close Mid-Price: 257.8 Percentage Change: + 0.19% Day High: 261.3 Day Low: 256

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LSE:FGP Firstgroup. Close Mid-Price: 134.4 Percentage Change: + 3.54% Day High: 142.5 Day Low: 129.5

Continued trades against FGP with a mid-price ABOVE 142.5 should improve ……..

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LSE:IGAS Igas Energy Close Mid-Price: 28.7 Percentage Change: -20.28% Day High: 35.2 Day Low: 28.1

If Igas Energy experiences continued weakness below 28.1, it will invaria ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 901.4 Percentage Change: + 5.01% Day High: 902.4 Day Low: 843

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2305 Percentage Change: + 2.67% Day High: 2365 Day Low: 2235

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LSE:SRP Serco. Close Mid-Price: 173.9 Percentage Change: + 3.70% Day High: 174.9 Day Low: 167.5

Target met. Continued trades against SRP with a mid-price ABOVE 174.9 sho ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 627 Percentage Change: + 0.51% Day High: 629.2 Day Low: 620.8

Target met. In the event of Standard Chartered enjoying further trades be ……..

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LSE:TERN Tern Plc. Close Mid-Price: 15 Percentage Change: + 9.09% Day High: 15.25 Day Low: 13.75

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LSE:TRN The Trainline Close Mid-Price: 321.6 Percentage Change: -0.77% Day High: 328.4 Day Low: 315.6

Further movement against The Trainline ABOVE 328.4 should improve acceler ……..

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

Our universally famed FTSE for FRIDAY

#FTSE #Gold

Thursday was a truly confused FTSE day until the USA opened for business, then everything seemed to change for the better. There are certainly a plethora of indications which hint this month may finish in quite an encouraging position, just what the nation needs as everyone comes together to congratulate the Queen next week.

Certainly, as we head into June, a surfeit of bank holidays will doubtless produce a confusing end to May. Firstly, the USA is closed on Monday to celebrate something called Memorial Day. Then, we can enjoy a couple of days of normality through Tuesday and Wednesday before the UK experiences Thursday and Friday to celebrate Her Majesty sponging off the nation for more years than most folk have been alive. To assist us all in being grateful, the palace has even released some new photographs of her realm, most of which will doubtless appear on coffee mugs within a few days. Perhaps a less than reverent approach is coming across. This is thanks to The Queen once spoiling a day of my holiday as a child. The great lady was due to turn up on a train, the police despatched to a nearby holiday park to round up children who were ordered to wave little flags. The effort to pretend a fawning crowd fell apart, when a hole was discovered in a fence and many of the children, myself included, fled and abandoned their flags. To give credit where it’s due, the small contingent of police ignored the dwindling audience numbers.

 

As mentioned, there are indications of a coming improvement for the FTSE. Near term, above just 7576 points should prove capable of triggering a surprise movement to an initial 7625 points. If exceeded, our secondary calculates at an extremely possible 7670 points. If triggered, the very tightest stop appears to be at 7512 points, the low of Thursday.

An important detail about our secondary target level comes from the proximity of the Blue downtrend. Given the markets slavish adherence to this line in recent months, there appears a firm suggestion of hesitation, should such a target level appear.  This particular trend line dates back to 2019 and we suspect the FTSE shall require close above it, just to confirm happy days are ahead.

 

Our alternate scenario, if things intend go wrong, triggers should the market wander below 7453 points.

Movement such as this looks capable of promoting reversal to an initial 7423 points with secondary, if broken, at 7380 points. Neither target is particularly dangerous looking, perhaps presenting a “safe” level where the FTSE could park while we all enjoy dancing in the streets, waving our little flags, with the National Anthem on repeat, blaring from our phones.

Our thanks to the folk who noticed adverts worthy of a click on this page. Each click keeps the coffee flowing!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:05:55PM BRENT 114.61 111.22 109.77 112.3 115.17 115.705 113.6 Success
11:07:49PM GOLD 1851.93 1841 1836 1854 1857 1861 1845
11:09:27PM FTSE 7561 7502 7475 7546 7582 7600 7548 ‘cess
11:11:59PM FRANCE 6421 6399 6389 6432 6439 6469 6406 Success
11:26:19PM GERMANY 14276 13985 13922 14056 14294 14337 14224 Success
11:28:35PM US500 4058.22 3961 3917 4011 4077 4106 4041 ‘cess
11:31:18PM DOW 32605 32034 31951 32256 32780 32970 32556 Success
11:33:32PM NASDAQ 12282 11844 11680 11996 12340 12389 11235
11:38:32PM JAPAN 26941 26586 26465 26740 27013 27064 26888 ‘cess

 

26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%
25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%
24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%
23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%
20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%
19/05/2022 FTSE Closed at 7302 points. Change of -1.83%. Total value traded through LSE was: £ 7,040,483,001 a change of 0.49%
18/05/2022 FTSE Closed at 7438 points. Change of -1.06%. Total value traded through LSE was: £ 7,006,146,182 a change of 17.44%

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:BARC Barclays** **LSE:BP. BP PLC** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:HL. Hargreaves Lansdown** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Barclays, BP PLC, MAN, Firstgroup, Hargreaves Lansdown, ITM Power, Intertek, Marks and Spencer, Ocado Plc, Rolls Royce, Serco, Standard Chartered, The Trainline, Zoo Digital,

LSE:BARC Barclays. Close Mid-Price: 167.68 Percentage Change: + 2.32% Day High: 168.2 Day Low: 163.32

Above 169 still suggests ongoing travel to 172p. If exceeded, our secondar ……..

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LSE:BP. BP PLC. Close Mid-Price: 435.25 Percentage Change: + 1.73% Day High: 436.4 Day Low: 427.7

Continued trades against BP. with a mid-price ABOVE 437 should enhance the ……..

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LSE:EMG MAN. Close Mid-Price: 257.3 Percentage Change: + 3.37% Day High: 256.3 Day Low: 245.2

Target Met. This is increasingly useful as now above 258 shall be regarded ……..

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LSE:FGP Firstgroup. Close Mid-Price: 129.8 Percentage Change: + 8.71% Day High: 138 Day Low: 114

Target Met. Wow. Now above 138 could prove quite amazing, allowing a cycle ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 854.8 Percentage Change: + 3.44% Day High: 857.4 Day Low: 827.2

Continued weakness against HL. taking the price below 804.8 calculates as ……..

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LSE:ITM ITM Power. Close Mid-Price: 301.5 Percentage Change: + 4.69% Day High: 300.6 Day Low: 290

Continued weakness against ITM taking the price below 253.3 calculates as ……..

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LSE:ITRK Intertek Close Mid-Price: 4594 Percentage Change: -1.88% Day High: 4641 Day Low: 4529

Below 4529 still suggests weakness coming to an initial 4379 with secondar ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 149.6 Percentage Change: + 7.90% Day High: 153.25 Day Low: 137

Target Met. That was quick! Now above 154 suggests the potential of 162 ne ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 858.4 Percentage Change: + 11.54% Day High: 882.6 Day Low: 753.6

Target Met. That took its sweet time to trigger but now above 883 now poin ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 86.44 Percentage Change: + 3.50% Day High: 86.49 Day Low: 83.32

Target Met or near enuff. Above 87 now allows an initial 94 with secondary ……..

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LSE:SRP Serco. Close Mid-Price: 167.7 Percentage Change: + 9.75% Day High: 168.5 Day Low: 162.8

Target Met. Now above 169 should allow for further oomph to an initial 176 ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 623.8 Percentage Change: + 1.00% Day High: 626.4 Day Low: 612

Further movement against Standard Chartered ABOVE 627 should improve accel ……..

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LSE:TRN The Trainline. Close Mid-Price: 324.1 Percentage Change: + 5.92% Day High: 325.7 Day Low: 300.8

Continuing above 326 still calculates with the potential of an initial 349 ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 105 Percentage Change: -0.47% Day High: 106 Day Low: 103.5

Target Met. Now below 103 calculates with an initial 97 and hopefully a bo ……..

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

Liberty Media and its Monaco!

#Nasdaq #Japan

We did promise to go easy on Formula 1 coverage but, as it’s the Monaco Grand Prix this weekend, perhaps a glance at how the owners of Formula1 are doing is justified. Oddly, choosing Monaco as an excuse to delve into things is a bit of a misnomer. Of all the races, Monaco is traditionally the one most likely to send viewers to sleep. Generally, all the action happens during the preceding day with qualifying as, the “race” tends become a boring procession of cars unable to pass each other.

Some slight excitement is usually generated with the occasional mechanical failure but that’s about it. Unless the organisers adopt a cunning plan of spraying water across a few corners to spice things up, the boring stream of cars unable to pass each other, will once again dominate Sunday afternoon. The venue is certainly spectacular, the pit lane audience glamorous, but attaching the word “race” to the weekend is traditionally an exercise in futility.

Then again, the recent Spanish Grand Prix turned into a real race, a true surprise as it’s also a race which can be overlooked quite easily, an excuse for a nap between Lap 4 and Lap 60. Maybe this time Monaco shall also discover a method of producing entertainment.

 

A couple of recent share price movements for Liberty appear worthy of some consideration. At time of writing, the share is trading around 57 and just needs above 59 to hopefully trigger price movements to an initial 65 with our longer term secondary, if bettered, calculating at a confident looking $73.

But in recent weeks, the Red uptrend has suffered a couple of assaults, not least thanks to heroic levels of incompetence in management of the new US Miami GP. As the fallout has cleared, Liberty share price has once again regained the uptrend with extreme care being taken to ensure the price doesn’t close a session below Red. Hopefully this indicates an expectation of future gains.

If trouble is planned, the share price needs slump below the Miami low of 50 as this risks triggering reversal to an initial 37. Below such a level, things get silly as our secondary works out at a bottom of just $18. When the pandemic low of 2020 is taken into consideration, proposing a visit to the 18 dollar level becomes less foolish. However, our expectation is to see an eventual visit to the $73 level.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:37:42PM BRENT 111.77 ‘cess
10:39:27PM GOLD 1853.72
10:41:16PM FTSE 7530.32
10:48:44PM FRANCE 6319.6 Shambles
10:51:07PM GERMANY 14031.51
10:53:23PM US500 3973.52 ‘cess
10:55:13PM DOW 32118.2 ‘cess
10:57:32PM NASDAQ 11885 11766 11704 11594 11891 11954 12042 12198 11881 ‘cess
10:59:32PM JAPAN 26748 26481 26437 26204 26637 26879 26979 27145 26651 Shambles
25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%
24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%
23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%
20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%
19/05/2022 FTSE Closed at 7302 points. Change of -1.83%. Total value traded through LSE was: £ 7,040,483,001 a change of 0.49%
18/05/2022 FTSE Closed at 7438 points. Change of -1.06%. Total value traded through LSE was: £ 7,006,146,182 a change of 17.44%
17/05/2022 FTSE Closed at 7518 points. Change of 0.72%. Total value traded through LSE was: £ 5,965,741,785 a change of -1.9%

 

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:IPF International Personal Finance** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

Updated charts published on : Aston Martin, Aviva, Barclays, British Telecom, Cellular Goods, Carnival, Firstgroup, Gulf Keystone, Hikma, International Personal Finance, Intertek, Marks and Spencer, Rolls Royce, Speedyhire, Standard Chartered, The Trainline,

LSE:AML Aston Martin Close Mid-Price: 614 Percentage Change: -2.04% Day High: 634.8 Day Low: 591.6

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LSE:AV. Aviva. Close Mid-Price: 434.8 Percentage Change: + 1.42% Day High: 439.8 Day Low: 428.5

Target Met. In the event of Aviva enjoying further trades beyond 441, the ……..

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LSE:BARC Barclays. Close Mid-Price: 163.88 Percentage Change: + 0.68% Day High: 164.78 Day Low: 162.06

Target Met or near enough for another update! Finally something positive ……..

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LSE:BP. BP PLC. Close Mid-Price: 427.85 Percentage Change: + 1.00% Day High: 431.1 Day Low: 424.2

Continued trades against BP. with a mid-price ABOVE 432 should improve the ……..

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LSE:BT.A British Telecom Close Mid-Price: 189.9 Percentage Change: -0.34% Day High: 193.2 Day Low: 187.7

All British Telecom needs are mid-price trades ABOVE 194 to improve accele ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 1.8 Percentage Change: + 2.86% Day High: 1.88 Day Low: 1.75

This is making early signs of bouncing as above 1.88 now suggests recovery ……..

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LSE:CCL Carnival. Close Mid-Price: 884.4 Percentage Change: + 1.42% Day High: 900.4 Day Low: 846.4

Weakness on Carnival below 846 will invariably lead to 827 with secondary ……..

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LSE:FGP Firstgroup. Close Mid-Price: 119.4 Percentage Change: + 3.20% Day High: 119.4 Day Low: 114.2

All Firstgroup needs are mid-price trades ABOVE 120 to improve acceleratio ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 284 Percentage Change: + 5.19% Day High: 297 Day Low: 278

Target Met. Now above 297 suggests ongoing traffic to an initial 305p. If ……..

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LSE:HIK Hikma Close Mid-Price: 1676.5 Percentage Change: -0.80% Day High: 1702 Day Low: 1631.5

Now below 1631 suggests 1571 next with secondary, if broken, at 1504 and h ……..

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LSE:IPF International Personal Finance Close Mid-Price: 83.6 Percentage Change: -7.42% Day High: 92.3 Day Low: 81

Target Met. Weakness on International Personal Finance below 81 will invar ……..

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LSE:ITRK Intertek. Close Mid-Price: 4682 Percentage Change: + 1.52% Day High: 4671 Day Low: 4587

This is not happy as below 4587 now suggests weakness coming to an initial ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 138.65 Percentage Change: + 4.84% Day High: 138.15 Day Low: 127.35

Target Met or near enough for a bounce, hopefully. Now above 139 should br ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 83.52 Percentage Change: + 4.30% Day High: 83.26 Day Low: 80.18

This is maybe shuffling into position, needing above 85 to trigger a usele ……..

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LSE:SDY Speedyhire. Close Mid-Price: 44.95 Percentage Change: + 0.33% Day High: 45.2 Day Low: 44.05

Weakness on Speedyhire below 44 will invariably lead to 43 with secondary ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 617.6 Percentage Change: + 0.32% Day High: 622.2 Day Low: 609.4

Further movement against Standard Chartered ABOVE 623 should improve accel ……..

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LSE:TRN The Trainline. Close Mid-Price: 306 Percentage Change: + 3.59% Day High: 310.1 Day Low: 297.2

This is still interesting as above 311 calculates with the potential of an ……..

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