Trends And Targets

We examined Direct Line in September last year, speculating on movement from 184p to 210p. All it took was a takeover approach from a Belgian company and a bunch of emails received to force us to issue an update. Perhaps naively, we’d always assumed the UK had the insurance market tied up, the cartel keeping things under control. However, Belgian company AGEAS made what sounds like a reasonable offer but Direct Line describe the offer in quite disparaging terms.

Whilst the cynic within suspects the Board were not being offered sufficient Belgian chocolate to line their own pockets, perhaps requiring better severance packages to reduce any uncertainty about their own futures. However, the share price soared quite usefully, smacking against out prior 210p target in a day with a near 24% rise. By a stunning 0.6p, the price event exceeded our target, opening the door for further movements in the future. Maybe it’s the case AGEAS are expected to provide a further offer and, if we’re blunt, be exceeding our initial target, now above 211p calculates with the potential of a lift to 240p next with secondary, if bettered, a pretty impressive looking 283p.

So, the question is, will Ageas offer sufficient packages of Belgian chocolate to provoke Direct Line share price managing to recover, perhaps even representing a reasonable result for the company shareholders.  From our perspective, share price closure above our current secondary of 283p shall prove significant, given the option of movement to 333p in the future, perhaps even an amazing 423p and a challenge against the prior all time high 9 years ago.

 

Of course, there is always the very, very, real risk of a company withdrawing interest, effectively causing inevitable sharp share price reduction. In such an instance, below 155p calculates with the potential of reversal to an initial 148p and maybe a bounce, given prior behaviour. Our secondary, with closure below such a level, works out at a silly looking 80p.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:57:11PM	BRENT	8180	8149	8098	8029	8202	8305	8340	8448	8237
10:00:22PM	GOLD	2034.49
10:58:17PM	FTSE	7604.2									Success
11:03:24PM	STOX50	4865.2
11:08:26PM	GERMANY	17587
11:11:14PM	US500	5062.9
11:14:03PM	DOW	38880	38739	38617	38395	38894	39000	39058	39165	38860
11:19:53PM	NASDAQ	17836									‘cess
11:24:09PM	JAPAN	38999									‘cess

 

28/02/2024 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 6,375,065,167 a change of 28.06%

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

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…

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:FRES Fresnillo** **LSE:ITV ITV** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Avacta, Barclays, Fresnillo, ITV, Ocado Plc, Rolls Royce, Zoo Digital,

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LSE:AVCT Avacta Close Mid-Price: 74.7 Percentage Change: -1.45% Day High: 78.5 Day Low: 67.5

Target met. If Avacta experiences continued weakness below 67.5, it will ……..

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LSE:BARC Barclays. Close Mid-Price: 168.9 Percentage Change: + 1.22% Day High: 169.9 Day Low: 166.18

In the event of Barclays enjoying further trades beyond 169.9, the share ……..

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LSE:FRES Fresnillo Close Mid-Price: 451.6 Percentage Change: -3.48% Day High: 468.5 Day Low: 452.7

In the event Fresnillo experiences weakness below 452.7 it calculates wit ……..

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LSE:ITV ITV Close Mid-Price: 55.78 Percentage Change: -1.76% Day High: 56.98 Day Low: 55.5

Target met. In the event ITV experiences weakness below 55.5 it calculate ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 490.7 Percentage Change: -0.63% Day High: 496.4 Day Low: 470.5

Continued weakness against OCDO taking the price below 470.5 calculates a ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 370.5 Percentage Change: + 3.32% Day High: 372.4 Day Low: 360.1

In the event of Rolls Royce enjoying further trades beyond 372.4, the sha ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 25.75 Percentage Change: -2.83% Day High: 25.75 Day Low: 25.75

Weakness on Zoo Digital below 25.75 will invariably lead to 24.5p with se ……..

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

#FTSE #SP500 We reviewed Bitcoin in December, giving a potential tongue in cheek target of $77,000, a seriously big number. “All” the crypto needed do was exceed the $45k level and now, with such a trigger being bettered, things seem to be happening. The reason for Bitcoin coming to life is probably due to the forthcoming event on April 20th called Bitcoin Halving. This process comes from the original invention of Bitcoin, a set of rules designed to stop new imaginary Bitcoins being issued by the year 2040.

The obvious question is; “Will Bitcoin increase in value as supply declines?”

The so called Bitcoin miners, essentially professional guessers of a code to release the supply of new Bitcoins, certainly face tougher times. Bitcoin miners sell their reward of new Bitcoins to finance their costs and of course, to make profit. With fewer Bitcoins being issued, things will become tighter with the potential of job losses among the drone computers guessing numbers. When Bitcoin first halved in 2012 with the miner reward going to 25 Bitcoins, the price experienced a modest surge. The next halving in 2016 (It happens every 4 years) reduced the miners reward to 12.5 and the third halving in 2020 obviously reduced the reward to 6.25 Bitcoin for a correct guess. In April, with the miners reward reducing to 3.125, it will be interesting to see if there is an effect on miner share prices.

As the chart below shows, historically any suggestion of “halving” producing a major immediate impact is fairly moot. Obviously there have been fantastic gains since 2020 but until recently, we’d regarded this as driven by hype rather than any supply issues.

 

If things intend go wrong for the phony currency, below 42000 dollars looks problematic, allowing reversal to an initial 34,500 with our secondary, if broken, at a potential bottom of 26700 dollars, a price level where the visuals suggest a bounce is possible.

Alternately, now above $57,700 should prove capable of now triggering growth to an initial $68,487 with our secondary, if bettered, calculating at a longer term $86,153. This would represent yet another all time high and probably also a point where some hesitation and volatility is expected.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:21:19PM	BRENT	8226.7									‘cess
10:23:50PM	GOLD	2030.1									Shambles
10:25:57PM	FTSE	7684.3	7668	7656	7634	7688	7700	7703	7714	7682
10:27:45PM	STOX50	4883.8
10:32:38PM	GERMANY	17586.9									Success
10:35:58PM	US500	5079.2	5056	5033	5007	5079	5082	5089	5100	5070	‘cess
10:54:33PM	DOW	38958.5									Success
10:57:31PM	NASDAQ	17970.6
11:00:19PM	JAPAN	39335

 

27/02/2024 FTSE Closed at 7683 points. Change of -0.01%. Total value traded through LSE was: £ 4,978,135,688 a change of -13%

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

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…

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:CCL Carnival** **LSE:LLOY Lloyds Grp.** **LSE:QED Quadrise** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **

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Updated charts published on : Barclays, Carnival, Lloyds Grp., Quadrise, Standard Chartered, Tesco,

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LSE:BARC Barclays. Close Mid-Price: 166.86 Percentage Change: + 0.62% Day High: 167.4 Day Low: 164.6

Target met. Further movement against Barclays ABOVE 167.4 should improve ……..

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LSE:CCL Carnival. Close Mid-Price: 1140 Percentage Change: + 5.75% Day High: 1157 Day Low: 1062.5

Above 1157 calculates with the potential of recovery to an initial 1202 wi ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 46.31 Percentage Change: + 0.86% Day High: 46.52 Day Low: 45.49

Target met. All Lloyds Grp. needs are mid-price trades ABOVE 46.52 to imp ……..

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LSE:QED Quadrise Close Mid-Price: 1.98 Percentage Change: -2.59% Day High: 2 Day Low: 1.9

Target met. In the event Quadrise experiences weakness below 1.9 it calcu ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 642.6 Percentage Change: + 0.97% Day High: 650.2 Day Low: 636

This is giving slight signs of real hope. Above 668 now works out with the ……..

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LSE:TSCO Tesco Close Mid-Price: 277.6 Percentage Change: -0.32% Day High: 280.3 Day Low: 275.9

Weakness next below 275 looks almost certain to promote reversal to 263p i ……..

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

#Gold #Nasdaq It wasn’t until an email flooded in we realised we’ve not seen a Wincanton truck for ages! The reason is simple, the legalised theft ferries across to Argyll can maybe take 3 HGV’s or a load of cars on each crossing. HGV operators avoid the experience, doubtless ditching their loads at “distribution centres” when the ubiquitous white van man takes over. It is possible to get here by road, sometimes. But the useless Scottish government ensure such an ambition is a hit ‘n’ miss process, even employing massive electronic signs to let folk know if the road is open or washed away. It’s quite a big deal, the wrong call adding several hundred miles to a trip.

Currently and probably the work of a politician with a runaway mouth, sheep are being blamed for the landslides. Or, being more accurate, a lack of sheep! The theory has sheep stomping around the surrounding mountains compressed the ground, stopping landslides. Who knows, maybe it’s true as sheep are no longer allowed to graze the slopes. It was once an exercise which made driving the route called “The Rest And Be Thankful”, a remorseless slope into the mountains, fraught with danger. It was perfectly possible to be exceeding the legal speed limit, come round a bend, and find a flock of sheep looking at your headlights with considerable interest. Quite a few folk found braking from 120mph could be an interesting experience. It was even rumoured the Scottish Police Force would test the ability of their trainee motorcyclists by timing them to prove they can actually cover 2 miles in just one minute. From personal experience, I’ve a suspicion this may be correct, once covering a particular stretch with marked police machinery both in front and behind, while we all were delighted by torrential rain.

Our little convoy certainly nudged above legal limits but when we reached the point where we’d to turn left to the ferry terminals, I indicated for a stop. “Why did you stop?” asked the leading guy. “I don’t think this pace is safe,” was my reply. He laughed, said “Well done, that’s the right answer and a pass.” With us slowing down to a crawl at 60mph for the rest of the journey, once on the ferry the rain stopped, the sun came out, and it all felt like a mistaken dream.

A funny thing about the sheep story are legendary Glencoe Sheep. The A82 through Glencoe can be quite fast but Glencoe Sheep are smart, hearing a car or motorcycle and opting to stand up and get to the side of the road. Whereas Glencoe deer are reared on stupid pills, one even flaunting a “Don’t Shoot Me” logo, sprayed on its rear. (A Circle with a red line, over a gun. Ghostbusters inspired)

 

Returning to Wincanton Plc, according to our email, a bidding war has kicked off for the share and their price is certainly showing some fascinating movements. Usually we’d be quite excited as it has shown a couple of classic GaGa (Gap Down/Gap Up) movements, ones which would traditionally suggest this is a share price capable of quite strong future movements. However, we feel the need to wave a cautionary finger. We often suspect the real driver in company takeovers isn’t the share price but instead, whatever behind the scenes deals for executive directors are on offer. Lets face it, there’s a very thin line between bribery and business incentive and when a Board decide to recommend an offer to shareholders, it’s often questionable just what has driven the BoD’s decision.

 

If we use our conventional GaGa logic, above just 505 should currently promote acceleration to an initial 585p with secondary, if bettered, at a longer term (or the next day) 644p. We cannot safely calculate above this level without making a Liz Truss face and mentioning an improbable 750p.

Their share price needs below 200p to cause serious panic. Our suspicion is to anticipate an eventual 585p.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
8:26:16PM	BRENT	8184.9								8140
8:29:51PM	GOLD	2032.7	2025	2021	2014	2035	2038	2041	2046	2031
8:32:21PM	FTSE	7686								7689
8:46:00PM	STOX50	4865.3								4740
8:53:44PM	GERMANY	17432								17407
8:56:42PM	US500	5072.9								5070
9:05:10PM	DOW	39069								39014
9:08:18PM	NASDAQ	17924	17815	17773	17666	17942	18016	18052	18111	17922
9:11:15PM	JAPAN	39339								39304

 

26/02/2024 FTSE Closed at 7684 points. Change of -0.29%. Total value traded through LSE was: £ 5,722,289,036 a change of 8.14%

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

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…

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:CNA Centrica** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:IPF International Personal Finance** **LSE:ITV ITV** **LSE:OCDO Ocado Plc** **

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Updated charts published on : Aviva, Barclays, Centrica, MAN, Experian, Gulf Keystone, International Personal Finance, ITV, Ocado Plc,

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LSE:AV. Aviva. Close Mid-Price: 454 Percentage Change: + 0.40% Day High: 454.3 Day Low: 449.6

All Aviva needs are mid-price trades ABOVE 454.3 to improve acceleration ……..

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LSE:BARC Barclays. Close Mid-Price: 165.84 Percentage Change: + 1.28% Day High: 166.7 Day Low: 162.82

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

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LSE:CNA Centrica Close Mid-Price: 124.7 Percentage Change: -2.31% Day High: 127.8 Day Low: 124

Weakness on Centrica below 124 will invariably lead to 100p with secondar ……..

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LSE:EMG MAN. Close Mid-Price: 244.2 Percentage Change: + 2.18% Day High: 247.9 Day Low: 234.2

All MAN needs are mid-price trades ABOVE 247.9 to improve acceleration to ……..

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LSE:EXPN Experian Close Mid-Price: 3428 Percentage Change: -0.12% Day High: 3468 Day Low: 3427

Further movement against Experian ABOVE 3468 should improve acceleration ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 92.45 Percentage Change: + 0.65% Day High: 93.8 Day Low: 89

Continued weakness against GKP taking the price below 89 calculates as le ……..

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LSE:IPF International Personal Finance Close Mid-Price: 113.5 Percentage Change: -4.22% Day High: 118 Day Low: 102.5

Weakness on International Personal Finance below 102.5 will invariably le ……..

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LSE:ITV ITV Close Mid-Price: 56.74 Percentage Change: -2.17% Day High: 57.88 Day Low: 56.68

Target met. Continued weakness against ITV taking the price below 56.68 c ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 491.5 Percentage Change: -6.98% Day High: 525.4 Day Low: 484.4

Weakness on Ocado Plc below 484.4 will invariably lead to 466p with secon ……..

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

#Brent #Dax The weekends Formula 1 race proved more boring than usual, principally because there wasn’t one. The F1 media had made a really big deal of the Bahrain track being open for “testing” on 22nd February and the logical assumption the race would follow the testing period proved utterly wrong. There is a one week gap between the two events but, to be honest, “testing” proved quite boring anyway with no surprises in car performance. So we’re not anxiously awaiting the weekends actual race and, who knows, Barclays may prove more interesting.

As the chart below shows, Barclays share price was gapped up above the downtrend since January 2023, creating the situation where movement next above 167p should prove capable of provoking ongoing recovery to an initial 172.7p with secondary, if beaten, now at an interesting looking 194p. This secondary is of special interest, perhaps even giving the share price an opportunity to close a session above the prior closing high of 189.5p and suggest happy days may be ahead for the share price.

In addition, there is something just a bit questionable about the decision to “gap” Barclays up, when the organisation released positive financial results. Not only was the share price gapped up above the downtrend since January 2023, it was also gapped above the downtrend which dates back to February 2007, a time when the share price almost reached 800p. We’ve shown this as a Green trend line on the chart and from our perspective, there’s a heck of a big question now making itself known. Essentially, should we view the influences on the price as coming from a period where 189p was the ruling high or, if 800p shall bear any influence against future movements. Hopefully share price movements in the coming weeks contribute toward an answer as it will make a change to our calculation potentials.

 

Of course, this could prove an enormous practical joke by a market, constantly keeping everyone “amused” by the way UK retail banks are treated. The share price needs below 139 to ring alarm bells, giving the option of reversal to 127 initially with secondary, if broken, a probable bottom at 112p.

We suspect, this time, some hope should be possible for Barclays. Hopefully within investors lifetimes…

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
9:27:50PM	BRENT	8083.8	8103	7991	7879	8175	8288	8320	8404	8152
9:30:20PM	GOLD	2035.22
9:33:09PM	FTSE	7712
9:36:50PM	STOX50	4869.8
9:39:17PM	GERMANY	17411	17282	17225	17150	17393	17440	17899	18370	17285
9:41:21PM	US500	5082.8
9:53:20PM	DOW	39091
9:55:55PM	NASDAQ	17909.9
9:58:14PM	JAPAN	39417

 

23/02/2024 FTSE Closed at 7706 points. Change of 0.29%. Total value traded through LSE was: £ 5,291,710,334 a change of -10.94%

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

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…

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

Click Epic to jump to share:

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Updated charts published on :

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

#FTSE #GOLD Unexpected disasters always catch people out, yet most of the time, they shouldn’t be unexpected. We’d a complete disaster in the kitchen tonight, my wife opting to mount a new spice rack she’d bought from Temu. I’ve plead with her, repeatedly, to stop using the fitting kits often supplied by Temu and instead, ask me to employ a couple of screws if mounting anything. She judged, by the weight of the spice rack, it would never need screwed to the tiles, mounting it with the supplied double sided tape.

She then filled the rack with her copious spice jars, somehow forgetting she’d just increased the weight quite substantially. The result was visually pleasing but I made a mental note to sneak a couple of screws into the mountings as while all her spice bottles looked great, experience has taught never to trust any adhesive mountings supplied with products bought through Temu. Essentially, if they supply a dinky little shelf which weighs in at 150 grams, the adhesive is designed to take 150 grams and nothing else. For some reason, they ALWAYS forget to factor in humans and their need to put things on shelves…

Inevitably, while trying to figure out an introduction to our FTSE for FRIDAY which didn’t mention the wet snow here in Argyll, there was a spectacular crash from the kitchen. Shortly after she went to bed, her fancy spice rack succumbed to gravity, depositing around 30 jars on the worktop and floor. Only four of the jars smashed, ensuring a cloud of Cayenne pepper, Paprika, and (thankfully) two jars of Chilli powder, something I utterly detest but she feels should be used generously. Working on the correct basis the animals wouldn’t enter the kitchen with its toxic cloud, I gave it 30 minutes before going through to tidy up.

 

We obviously have a reason behind this, an attempt to point out the unexpected often need not come as a surprise. For instance, currently the German in, the DAX, is bumping against a logical high, one of these areas which will often provoke some market volatility. Our immediate “top” number calculates at 17201 points, the index coming within a few points of such a target this week. Equally, the S&P 500 has a logical top around 5115 points, an ambition the index is very close to and again, we anticipate some stutters. Unless, of course, the market opts to start gapping the S&P upward at the open of trade.  Even Wall St, currently around 39070 with a recent high of 39150 calculates with 39500 points expected to provide some sort of ceiling. And the Nasdaq has briefly surpassed a logical high of 18011, achieving 18034 on Thursday but closing the session at 18004.

Adding all these things together, we’ve a gathering expectation favouring some stutters in the market place, making us question whether the FTSE shall prove capable of ignoring what’s going on elsewhere. The UK market calculates with 7871 as target on the current cycle and, at 7684 at time of writing, it’s got some distance to go. We don’t anticipate it covering the distance, if other main markets start to experience some hesitation. This is unfortunate as overall, we should be rejoicing at the long term calculation for the FTSE now working out at 8250, a number we fear shall be as real as the number of death threats claimed by UK politicians as they scrape the bottom of the trough to enforce a  political stance.

 

Near term, below 7650 looks capable of promoting reversal on the FTSE down to an initial paltry 7634 with secondary, if broken, calculating at 7574 points and hopefully yet another bounce. If triggered, the tightest stop looks fairly reasonable at 7690 points.

However, above 7690 has the less likely potential of causing some fireworks as above this level provides an initial hope for 7714 points with our secondary, if exceeded, coming along at 7751. This is a potentially game changing move where our longer term third level calculates at 7871 points.

Have a good weekend and enjoy the Bahrain Grand Prix, hopefully not a completely boring procession of cars.

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:43:31PM	BRENT	8263	8193	8153		8272	8276	8300		8224	‘cess
8:46:20PM	GOLD	2022.81	2020	2015		2025	2036	2049		2023	Success
8:50:07PM	FTSE	7694	7636	7598		7670	7702	7708		7676	‘cess
8:55:34PM	STOX50	4866	4820	4799		4850	4872	4925		4743	‘cess
9:01:40PM	GERMANY	17427	17280	17211		17370	17433	17470		17022	Success
9:11:44PM	US500	5083	5034	5021		5064	5095	5123		5037	Success
9:16:31PM	DOW	39047	38640	38468		38912	39157	39338		39014	Success
9:20:07PM	NASDAQ	17969	17805	17724		17873	18036	18065		17898	Success
9:31:36PM	JAPAN	39424	38803	38580		39285	39494	39580		39397	Success

 

22/02/2024 FTSE Closed at 7684 points. Change of 0.29%. Total value traded through LSE was: £ 5,941,569,029 a change of 3.14%

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

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:AVCT Avacta** **LSE:BARC Barclays** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IHG Intercontinental Hotels Group** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **

********

Updated charts published on : Aviva, Avacta, Barclays, Experian, Gulf Keystone, Hikma, Hargreaves Lansdown, Intercontinental Hotels Group, Intertek, Lloyds Grp., Quadrise, Rolls Royce,

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LSE:AV. Aviva. Close Mid-Price: 450.1 Percentage Change: + 1.01% Day High: 453.2 Day Low: 446.8

Target met. In the event of Aviva enjoying further trades beyond 453.2, t ……..

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LSE:AVCT Avacta Close Mid-Price: 77 Percentage Change: -12.00% Day High: 88 Day Low: 77

Target met. In the event Avacta experiences weakness below 77 it calculat ……..

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LSE:BARC Barclays. Close Mid-Price: 163.68 Percentage Change: + 0.57% Day High: 164.32 Day Low: 159.1

All Barclays needs are mid-price trades ABOVE 164.32 to improve accelerat ……..

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LSE:EXPN Experian. Close Mid-Price: 3436 Percentage Change: + 1.72% Day High: 3443 Day Low: 3372

In the event of Experian enjoying further trades beyond 3443, the share s ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 94.45 Percentage Change: -0.37% Day High: 95.95 Day Low: 92.15

If Gulf Keystone experiences continued weakness below 92.15, it will inva ……..

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LSE:HIK Hikma. Close Mid-Price: 2083 Percentage Change: + 4.28% Day High: 2165 Day Low: 2030

Target met. Further movement against Hikma ABOVE 2165 should improve acce ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 747.2 Percentage Change: -7.23% Day High: 821.6 Day Low: 728

Weakness on Hargreaves Lansdown below 728 will invariably lead to 704p wi ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8600 Percentage Change: + 0.82% Day High: 8668 Day Low: 8516

Target met. All Intercontinental Hotels Group needs are mid-price trades ……..

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LSE:ITRK Intertek. Close Mid-Price: 4639 Percentage Change: + 3.60% Day High: 4652 Day Low: 4521

Target met. Continued trades against ITRK with a mid-price ABOVE 4652 sho ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 45.95 Percentage Change: + 6.16% Day High: 46.18 Day Low: 42.37

Target met. Further movement against Lloyds Grp. ABOVE 46.18 should impro ……..

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LSE:QED Quadrise. Close Mid-Price: 2.1 Percentage Change: + 0.72% Day High: 2.05 Day Low: 2

Weakness on Quadrise below 2 will invariably lead to 1.9p with secondary ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 356.8 Percentage Change: + 8.29% Day High: 369 Day Low: 347.4

Target met. Further movement against Rolls Royce ABOVE 369 should improve ……..

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

#FTSE #GOLD Styling themselves as 175 years old, Inchcape were actually formed by a local lad from here in Argyll, his company exploits being worth – at very least – a visit to Wikipedia. We’d no idea how seriously large Inchcape are, active multinationally and regarded as the worlds leading automotive distributor. Needless to say, their original name was MacKinnon Mackenzie Ltd, giving away their Scottish roots despite now being based in India, thousands of miles away from Scotlands ‘wonderful’ climate.

The company are currently considering selling their UK car retail unit and this is perhaps why it appears to be punted as a “Strong Buy” by some analysts. Given such a sale looks like being a drop in the ocean with Inchcape’s overall wealth, the jury remains out on such a sentiment but the share price doesn’t need a huge charge to hopefully trigger some upward travel. Just to spice things up and cause confusion, we’ve circled something strange which happened last July. The market decided it was someone’s birthday with the share price running free until the big hammer came out, knocking it back into place. Perhaps the implication behind this set of circumstances is an expectation Inchcape share price shall do jolly well in the future, if they’d only off-load their UK retail division which is being smothered under a legislation happy government. For instance, it’s rarely mentioned the UK needs to replace more corroded brake pipes on vehicles than the rest of Europe clubbed together. The reason is simple, MoT testers used to scrape a brake pipe to see if shiny metal was present. Unfortunately, similar to poking a chassis with a screwdriver, this sort of thing is no longer allowed as it could “damage” the vehicle, thus creating a situation where MoT testers routinely fail vehicles for corrosion, due to their inability to actually see corrosion as they’re not allowed to poke or prod.

Then again, maybe Inchcape just was to escape the messy world of car retail, never the worst cunning plan!

 

We’re not entirely confident about the “Strong Buy” status being allocated to the company, due to the chart visuals suggesting the converse presently, even despite the circled upward break last year. Currently trading around 664p, the share price needs below 643p to trigger a dashboard warning light, suggesting imminent reversal to 592p and a possible bounce. Should 592p break, we suspect any rebound shall prove short lived as our secondary at a hopeful bottom of 537p calculates as possible. Extreme danger awaits with closure below 537 as this shall suggest the long term uptrend has failed, allowing reversal to an ultimate bottom of 404p.

Of course, perhaps we’re just being a little hysterical due to a historical dislike of the motor trade. Currently, Inchcape only need exceed 700p to better Blue, ideally triggering recovery to an initial 744p with secondary, if beaten, up at a more useful longer term 813p. For various reasons, we suspect some hesitation at such a level, if only due to all the folk who were suckered in last July by the momentary share price spike opting to engage their brains and sell.

 

Who knows, perhaps we’re reading the tea leaves incorrectly and the pundits know something we don’t…

 

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:17:05PM	BRENT	8242.7
10:21:21PM	GOLD	2025.72	2020	2018	2016	2027	2027	2029	2032	2024
10:24:31PM	FTSE	7664.5	7637	7600	7550	7670	7676	7699	7708	7652	Success
10:27:55PM	STOX50	4795									Success
10:40:56PM	GERMANY	17182									Success
10:44:01PM	US500	5004.5									Shambles
10:47:10PM	DOW	38563
10:50:22PM	NASDAQ	17649									‘cess
10:55:09PM	JAPAN	38773									Shambles

 

21/02/2024 FTSE Closed at 7662 points. Change of -0.74%. Total value traded through LSE was: £ 5,760,836,180 a change of 16.25%

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

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:AVCT Avacta** **LSE:CLAI Cellular Goods** **LSE:EMG MAN** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:IHG Intercontinental Hotels Group** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aviva, Cellular Goods, MAN, Gulf Keystone, Glencore Xstra, Greggs, Intercontinental Hotels Group, Zoo Digital,

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LSE:AV. Aviva. Close Mid-Price: 445.6 Percentage Change: + 0.41% Day High: 447.1 Day Low: 441.6

Further movement against Aviva ABOVE 447.1 should improve acceleration to ……..

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LSE:AVCT Avacta Close Mid-Price: 87.5 Percentage Change: -4.37% Day High: 91.5 Day Low: 87

Continued weakness against AVCT taking the price below 87 calculates as l ……..

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LSE:CLAI Cellular Goods. Close Mid-Price: 0.41 Percentage Change: + 8.80% Day High: 0.4 Day Low: 0.38

Unless this makes it above 0.48p, it is not going to be worth reviewing. ……..

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LSE:EMG MAN. Close Mid-Price: 237.9 Percentage Change: + 0.76% Day High: 238.8 Day Low: 236.2

Getting a little interesting, movement next above 244 should make an attem ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 94.8 Percentage Change: -0.89% Day High: 98 Day Low: 93.4

In the event Gulf Keystone experiences weakness below 93.4 it calculates ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 386.05 Percentage Change: -1.11% Day High: 390.95 Day Low: 365.45

Target met. In the event Glencore Xstra experiences weakness below 365.45 ……..

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LSE:GRG Greggs Close Mid-Price: 2780 Percentage Change: -1.07% Day High: 2818 Day Low: 2774

Continued trades against GRG with a mid-price ABOVE 2818 should improve t ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8530 Percentage Change: + 2.35% Day High: 8520 Day Low: 8284

Further movement against Intercontinental Hotels Group ABOVE 8520 should ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 27.25 Percentage Change: -1.80% Day High: 27.75 Day Low: 27.25

In the event Zoo Digital experiences weakness below 27.25 it calculates w ……..

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

#Stoxx50 ‘Nasdaq We’ve always been quite fond of Qinetic, partially due to the company once renting a house from us in Ross-shire, Scotland. The reason they needed somewhere for their scientists was the proximity of the missile testing range and back then, we’d given priority to having wireless broadband, a facility very few people offered at that time. And of course, the small boy within will always admire a company who mess around test firing rockets and missiles.

While Qinetiq are obviously in the military supply field, there is an interesting parallel between their test range and something which actually happened between two islands off the coast of Ross-shire. In 1934 or so, someone in the Post Office received a proposal to speedily deliver mail between the islands, a process which could (and still can) be haphazard thanks to the Scottish weather. The idea was fairly simple, the village postman would stuff a few thousand letters in a tube, take aim, light the fuse, and run. The rocket was to fly unerringly between the isle of Harris and another island called Scarp but the first two attempts failed, the first with an explosion and fire, the second actually getting airborne but blew up on the beach.

The scientist behind the effort, a German chap, returned to his home country and later became a member of the country’s V2 rocket program. In Scotland, some singed and burnt remnants of the failed mail delivery are on display in the island museum.  But the spirit of the effort lives on, Qinetiq opting to use the area to test their military products, presumably without including mail.

 

As for Qinetiq share price, there’s certainly plenty happening in the world which will require military to stock up on their products. Given events in Israel, perhaps Qinetiq shall abandon Scotland to experiment in abandoned coal mines in Wales, trying out underground missiles…

When we review their price movements this year and month, the share hasn’t been achieving any interesting higher highs but has exceeded the Blue downtrend since 2022, always an essential initial tickbox for price gains. The next stage, according to our rule book, comes when the share price achieves a solid higher high, after breaking a trend. In the case of Qinetiq this is a demand the share price close a session above 380p, by an amusing coincidence also our initial target back in 2022.

Closure above 380p or perhaps intraday trades now above 383p should next trigger share price movement to an initial smug looking 418p. Our longer term secondary works out at 446p.

 

For things to go horribly wrong, their share price currently needs below 325p and this risks triggering reversal to an initial 261p with secondary, if broken, a hopeful bottom at an eventual 238p. For now, our inclination is to anticipate the best for Qinetiq but then again, we like the company and their share price history of meeting our targets.

 

 

 

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:57:36PM	BRENT	8189
10:00:33PM	GOLD	2024.02
10:03:42PM	FTSE	7715.4									‘cess
10:10:56PM	STOX50	4759	4743	4738	4728	4762	4768	4775	4784	4755
10:13:53PM	GERMANY	17063
10:18:12PM	US500	4975.1
10:21:31PM	DOW	38602.5									‘cess
10:24:29PM	NASDAQ	17521.5	17400	17322	17082	17618	17663	17729	17840	17500	Success
10:27:10PM	JAPAN	38296	38115	38000	37750	38237	38564	38629	38800	38439	‘cess

 

20/02/2024 FTSE Closed at 7719 points. Change of -0.12%. Total value traded through LSE was: £ 4,955,387,121 a change of 38.92%

19/02/2024 FTSE Closed at 7728 points. Change of 0.22%. Total value traded through LSE was: £ 3,567,027,566 a change of -46.92%

16/02/2024 FTSE Closed at 7711 points. Change of 1.5%. Total value traded through LSE was: £ 6,719,822,861 a change of 59.53%

15/02/2024 FTSE Closed at 7597 points. Change of 0.38%. Total value traded through LSE was: £ 4,212,176,049 a change of -10.97%

14/02/2024 FTSE Closed at 7568 points. Change of 0.75%. Total value traded through LSE was: £ 4,731,346,457 a change of -6.79%

13/02/2024 FTSE Closed at 7512 points. Change of -0.81%. Total value traded through LSE was: £ 5,075,825,719 a change of 6.46%

12/02/2024 FTSE Closed at 7573 points. Change of 0.01%. Total value traded through LSE was: £ 4,767,866,668 a change of -14.99%

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:CNA Centrica** **LSE:FRES Fresnillo** **LSE:GRG Greggs** **LSE:HSBA HSBC** **LSE:IHG Intercontinental Hotels Group** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **

********

Updated charts published on : Aston Martin, Aviva, Barclays, Centrica, Fresnillo, Greggs, HSBC, Intercontinental Hotels Group, Rolls Royce, Star Energy,

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LSE:AML Aston Martin. Close Mid-Price: 165.7 Percentage Change: + 0.00% Day High: 169.1 Day Low: 162.7

In the event Aston Martin experiences weakness below 162.7 it calculates ……..

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LSE:AV. Aviva. Close Mid-Price: 443.8 Percentage Change: + 3.14% Day High: 443.3 Day Low: 436.1

Continued trades against AV. with a mid-price ABOVE 443.3 should improve ……..

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LSE:BARC Barclays. Close Mid-Price: 161.8 Percentage Change: + 8.59% Day High: 162.98 Day Low: 154.88

Target met. In the event of Barclays enjoying further trades beyond 162.9 ……..

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LSE:CNA Centrica. Close Mid-Price: 133.4 Percentage Change: + 1.99% Day High: 134.55 Day Low: 128.7

In the event Centrica experiences weakness below 128.7 it calculates with ……..

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LSE:FRES Fresnillo Close Mid-Price: 473 Percentage Change: -0.94% Day High: 478.6 Day Low: 460.9

Continued weakness against FRES taking the price below 460.9 calculates a ……..

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LSE:GRG Greggs. Close Mid-Price: 2810 Percentage Change: + 0.36% Day High: 2812 Day Low: 2778

Further movement against Greggs ABOVE 2812 should improve acceleration to ……..

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LSE:HSBA HSBC. Close Mid-Price: 643.8 Percentage Change: + 0.88% Day High: 644.1 Day Low: 636

Target met. In the event of HSBC enjoying further trades beyond 644.1, th ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 8334 Percentage Change: + 5.36% Day High: 8418 Day Low: 7772

Target met. Continued trades against IHG with a mid-price ABOVE 8418 shou ……..

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LSE:RR. Rolls Royce Close Mid-Price: 330.5 Percentage Change: -1.11% Day High: 335.4 Day Low: 330.1

Continued trades against RR. with a mid-price ABOVE 335.4 should improve ……..

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LSE:STAR Star Energy. Close Mid-Price: 7.48 Percentage Change: + 0.00% Day High: 7.22 Day Low: 7.2

Target met. Weakness on Star Energy below 7.2 will invariably lead to 6.8 ……..

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