Watkin Jones Plc (LSE:WJG), where hats are hard…

#Gold #Dax  We’d to smile at the cover photo of Watkin Jones website. A construction building, littered with a bunch of folk wearing white hard hats and not a single real worker in sight, the lack of yellow or blue hard hats telling an unfortunate story as to who was viewed as important in getting the photo. In a different way, a recent article from Hong Kong managed to raise eyebrows, due to some workers on mainland China testing their hard hats for impact resistance.

It transpired the yellow hard hats issued to staff could barely resist a brick dropped from 2 metres, while white and blue hard hats were brick resistant up to 20 metres and above. The tale, emanating from a less regulative working environment, doubtless has its roots in someone saving money. From a UK perspective, it would never occur different colour hats had different safety standards.

 

Describing themselves as the UK’s leading “Residential for Rent Developer and Operator”, Watkin Jones certainly boast a portfolio of impressive projects, along with a less than impressive decline in their share price in recent years. Currently trading around 36p, investors must be feeling the pain from the decline from 280p at the start of 2022. However, we think we’ve maybe got some good news to impart. Arithmetically, we often calculate something called “Ultimate Bottom”, a share price level below which we cannot calculate.

In the case of Watkin Jones, our “Ultimate Bottom” works out at 35p and the share is certainly within sniffing distance of such a target. We can work out a number below the 35p level and it’s a bit dubious, thanks to the repeated circled gap-downs experienced but in theory, if 35p breaks, 6p can be presented as a future target. But this 6p could easily be nonsense, due to the level of guesswork required, thanks to the manipulation gaps. From a Big Picture standpoint, below 35p only should supply target levels prefaced with impossible minus signs.

So there’s hope for a share price bounce anytime soon as there’s very little in the way of wiggle room for more reversals. Above 43p should prove interesting, calculating with the potential of a lift to an initial 55p with secondary, if beaten, at 65p. To be honest, we’d really hope to see the share price gapped UP soon, due to such a movement tending indicate the market acknowledges it’s overcooked the level of reversals and in such a scenario, we’d anticipate stronger price recovery. Also, in such a scenario, we shall need revisit the numbers, due to it being impossible (currently) to calculate higher than 65p.

This is obviously now in fingers crossed territory but we suspect it shall prove worth watching in the days ahead.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:08:13PM BRENT 9005 ‘cess
10:11:10PM GOLD 1828 1826 1819 1817 1840 1846 1849 1856 1831 ‘cess
10:13:48PM FTSE 7508.75 ‘cess
10:16:08PM STOX50 4130.3 ‘cess
10:18:59PM GERMANY 15207 15155 15049 14892 15302 15476 15518 15639 15363 Success
10:21:52PM US500 4290
10:44:05PM DOW 33424.7
10:48:18PM NASDAQ 14839 ‘cess
10:50:59PM JAPAN 31616 Success

 

2/10/2023 FTSE Closed at 7510 points. Change of -1.29%. Total value traded through LSE was: £ 5,619,099,797 a change of 6.15%
29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%

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:CEY Centamin** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IGG IG Group** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

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Updated charts published on : Centamin, Genel, Gulf Keystone, IG Group, Standard Chartered, The Trainline,

LSE:CEY Centamin Close Mid-Price: 81.55 Percentage Change: -2.39% Day High: 85.55 Day Low: 81.75

Continued weakness against CEY taking the price below 81.75 calculates as ……..

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LSE:GENL Genel. Close Mid-Price: 88.9 Percentage Change: + 10.99% Day High: 94 Day Low: 81

Continued trades against GENL with a mid-price ABOVE 94 should improve th ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 125 Percentage Change: + 22.07% Day High: 132.9 Day Low: 102.5

It is possible something significant is happening as above 133 looks capab ……..

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LSE:IGG IG Group Close Mid-Price: 625 Percentage Change: -2.87% Day High: 654.5 Day Low: 616

Weakness on IG Group below 616 will invariably lead to 606 with secondary ……..

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LSE:STAN Standard Chartered Close Mid-Price: 753.8 Percentage Change: -0.55% Day High: 766.6 Day Low: 750.4

Continued trades against STAN with a mid-price ABOVE 766.6 should improve ……..

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LSE:TRN The Trainline Close Mid-Price: 274.6 Percentage Change: -1.65% Day High: 287.6 Day Low: 274.8

In the event of The Trainline enjoying further trades beyond 287.6, the s ……..

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

Lloyds Banking Group (LSE:LLOY) and the ballad of 223p

#Brent #SP500  The Perpetual Motion Machine, long an ambition of inventors everywhere, faces an interesting challenge from the UK’s banking sector. With very little effort, the UK appears to have invented the Perpetual Lack of Motion Machine principal, a group of shares from a sector which was once vibrant and fun, now lead the world in the stakes of “doing sod all”.

 

Perhaps a little frustration is evident here, especially as we chose to zoom out for this report and take a Big Picture stance. This is where the sad reality of Lloyds hit home. We can present arguments which lead to an eventual 223p sometime in the future but, to be honest, we utterly lack any confidence in the sector. There’s an immediate scenario we can suggest, one where above 47p should next lead to 52p with secondary, if exceeded, working out at a longer term 59p. This secondary, from a Big Picture viewpoint, is theoretically interesting, taking the share price above a downtrend (Blue) which dates back to 2009.

Visually, there’s a chance of hope with such a motion. With any other share, we’d certainly be raising eyebrows as the price would be exceeding a very obvious long term downtrend. What bothers us, quite a lot, has been the effort employed over the last 14 years to ensure Lloyds shareholders remain suffering, their funds on a long term holiday with little hope of solution. It often feels like it’s going to be the case, where sometime in the future, exploring an attic, people will discover a box full of ornate share certificates from Lloyds. The level of excitement at such a discovery will doubtless be high, right up until the point when the date is checked, along with an immediate realisation the fancy looking certificates are worth nothing, other than as a curiosity. Personally, making a similar discovery amongst grand-parents possessions allowed for a dream of unequalled wealth, when a cache of Pacific & Orient (P&O) shares were unearthed. The harsh reality was, the only person who got rich from these fancy looking share certificates was the printing company who produced them.

About the nicest thing we dare say for Lloyds is closure above 59p may provide the foundation for long term price recovery but we’re not holding our breath. But on the bright side, there’s now an excuse for a headline, “Will Lloyds Hit A Miracle 223p?

More probably, below 40p looks dangerous, calculating with the potential of weakness to an initial 35p next. Should such a level break, our secondary works out at an unlikely feeling 23p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
9:17:24PM BRENT 9182 9122 9016 8845 9391 9325 9394 9469 9238
9:19:34PM GOLD 1848.22 1861
9:22:51PM FTSE 7583 7590
9:33:01PM STOX50 4161.3 4151
9:36:19PM GERMANY 15354.4 15331
9:39:04PM US500 4291.6 4261 4243 4218 4292 4317 4320 4346 4289
9:41:12PM DOW 33523 33696
9:43:25PM NASDAQ 14740.3 14692
9:45:33PM JAPAN 31803 31947

 

29/09/2023 FTSE Closed at 7608 points. Change of 0.09%. Total value traded through LSE was: £ 5,293,726,748 a change of 0.59%
28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%

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:BME B & M** **LSE:ECO ECO (Atlantic) O & G** **LSE:GLEN Glencore Xstra** **LSE:MKS Marks and Spencer** **

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Updated charts published on : B & M, ECO (Atlantic) O & G, Glencore Xstra, Marks and Spencer,

LSE:BME B & M. Close Mid-Price: 586.4 Percentage Change: + 0.89% Day High: 589.8 Day Low: 578.8

Target met. Continued trades against BME with a mid-price ABOVE 589.8 sho ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 10.5 Percentage Change: -5.62% Day High: 11.12 Day Low: 10.62

In the event ECO (Atlantic) O & G experiences weakness below 10.62 it cal ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 469.9 Percentage Change: + 1.93% Day High: 477.4 Day Low: 461.45

Further movement against Glencore Xstra ABOVE 477.4 should improve accele ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 236.6 Percentage Change: + 0.55% Day High: 245.9 Day Low: 235.2

Target met. Further movement against Marks and Spencer ABOVE 245.9 should ……..

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

Our world popular FTSE for Friday (FTSE:UKX)

FTSE for Friday (FTSE:UKX)  Once again, something quite curious happened with the FTSE, this time providing what we think it a “teachable moment” with the index value. We very rarely decorate our articles with minute-by-minute charts, not because we don’t use them but because we do! And it’s usually impossible to highlight whatever we’re moaning about.

Thursday did something different and for a change, we can explain it in English.

When the FTSE dived below 7584 just before 9am, it created a set of circumstances where we expected the index to bounce around 7550 points. By 9.30am, it was clear the 7550 level wasn’t going to hold, creating a scenario where an overall retreat toward the 7400 level became possible. After all, the market had broken the easily defined uptrend since August 21st and worse, had exceeded our initial drop target. All things considered, it looked like the UK index faced a pretty vile reversal cycle. Making matters worse, once the index broke our 7550 target, it recovered, precisely banged against this target level and said “nope”, dropping further next time, reaching a low of 7524 points.

We started to suspect a dreadful afternoon was ahead, once the USA decided to inflict whatever set of dire figures they had tucked away.

But by 11am, the market recovered, once again above the 7550 level and this time looking keen to make its own way in the world, regardless of how many of our boxes it ticked. And just after 3pm, the FTSE exceeded the level of previous trend break at 7584, ticking yet another box, one which claims all previous drop characteristics were fakes. This is usually a fairly reliable signal and when, at 4pm, the market clawed its way once again above the Red uptrend on the chart, we were left with little choice but to anticipate further recovery for the market.

It was, from our perspective, all a little strange and reminding of a deliberate curved ball to fool everyone. We’re inclined to suspect Friday shall provide “surprise” recovery for London.

 

Now, we can review the Blue downtrend on the chart, one which dates back to February of this year and a chalk mark the index seems to be paying attention to. At time of writing, to exceed Blue, the index needs exceed around 7676.122 points. Near term, above 7606 points calculates with the potential of a lift to 7652 points. If exceeded, our secondary works out at 7681 points. The brightest thing about this scenario is the availability of a reasonably tight stop loss at 7584 points, the level of yesterdays trend break.

We’re aware this secondary target level implies the potential for the index to rejoin the sunny side of life above Blue on the chart, working out with a reasonable longer term chance at 7750 points and perhaps beyond.

 

Our alternate scenario has the pleasure of standing on a bit of Lego with bare feet. Below 7524 should be dangerous, now allowing for weakness to an initial 7480 points with secondary, if broken, at an eventual 7392 points and hopefully a trampoline level.

Have a good weekend. Has anyone noticed the Met Office appear to be starting this winter with “Clickbait” headlines? We expected 60mph winds last night and should have guessed the contrary would be true, due to not a single boat owner moving their craft to safe haven across at the local marina.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:39:34PM BRENT 9290 9252 9148 9346 9457 9526 9253 Shambles
9:42:22PM GOLD 1865.35 1858 1851 1881 1881 1885 1871 ‘cess
9:58:40PM FTSE 7613.2 7553 7526 7588 7624 7649 7599 Shambles
10:01:10PM STOX50 4164.6 4107 4085 4173 4173 4185 4153 ‘cess
10:03:37PM GERMANY 15350 15137 15018 15372 15377 15414 15308 ‘cess
10:06:36PM US500 4303.7 4288 4262 4314 4319 4325 4288 ‘cess
10:09:03PM DOW 33704 33603 33556 33705 33791 33872 33591 Shambles
10:11:30PM NASDAQ 14719.4 14575 14537 14692 14761 14798 14688 Shambles
10:14:42PM JAPAN 32005 31676 31230 32080 32081 32120 31965 ‘cess

 

28/09/2023 FTSE Closed at 7601 points. Change of 0.11%. Total value traded through LSE was: £ 5,262,711,869 a change of -1.95%
27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%

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:AML Aston Martin** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:JET Just Eat** **LSE:MMAG Music Magpie** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Aston Martin, BP PLC, Cellular Goods, Centamin, Diageo, ECO (Atlantic) O & G, Experian, EasyJet, Just Eat, Music Magpie, Spirent Comms, Spirax, Zoo Digital,

LSE:AML Aston Martin Close Mid-Price: 261 Percentage Change: -0.99% Day High: 262.8 Day Low: 256.8

Target met. If Aston Martin experiences continued weakness below 256.8, i ……..

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LSE:BP. BP PLC. Close Mid-Price: 541.1 Percentage Change: + 0.48% Day High: 549.6 Day Low: 537.2

Target met. In the event of BP PLC enjoying further trades beyond 549.6, ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.42 Percentage Change: -10.53% Day High: 0.48 Day Low: 0.42

Target met. If Cellular Goods experiences continued weakness below 0.42, ……..

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LSE:CEY Centamin Close Mid-Price: 83.15 Percentage Change: -0.18% Day High: 83.75 Day Low: 82.1

Target met. Weakness on Centamin below 82.1 will invariably lead to 77p w ……..

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LSE:DGE Diageo. Close Mid-Price: 3038 Percentage Change: + 0.53% Day High: 3054.5 Day Low: 2997.5

Target met. In the event Diageo experiences weakness below 2997.5 it calc ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 11.12 Percentage Change: -5.32% Day High: 11.75 Day Low: 11.12

Target met. Continued weakness against ECO taking the price below 11.12 c ……..

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LSE:EXPN Experian. Close Mid-Price: 2670 Percentage Change: + 0.34% Day High: 2672 Day Low: 2619

Weakness on Experian below 2619 will invariably lead to 2565p with second ……..

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LSE:EZJ EasyJet Close Mid-Price: 418.1 Percentage Change: -0.12% Day High: 418.2 Day Low: 405.2

Weakness on EasyJet below 405.2 will invariably lead to 403p with seconda ……..

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LSE:JET Just Eat Close Mid-Price: 1001 Percentage Change: -0.79% Day High: 999.5 Day Low: 970.5

Continued weakness against JET taking the price below 970.5 calculates as ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 21.5 Percentage Change: + 10.26% Day High: 23.5 Day Low: 18.95

Continued trades against MMAG with a mid-price ABOVE 23.5 should improve ……..

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LSE:SPT Spirent Comms Close Mid-Price: 135.3 Percentage Change: -1.81% Day High: 137.6 Day Low: 131.3

Target met. Weakness on Spirent Comms below 131.3 will invariably lead to ……..

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LSE:SPX Spirax. Close Mid-Price: 9418 Percentage Change: + 1.31% Day High: 9402 Day Low: 9166

If Spirax experiences continued weakness below 9166, it will invariably l ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 41.2 Percentage Change: -20.77% Day High: 42.5 Day Low: 27.5

Target met. In the event Zoo Digital experiences weakness below 27.5 it c ……..

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

GBP vs US Dollar (FX:GBPUSD) and the thin blue line

#Stoxx50 #DAX There are times when it can pay dividends to take a really big picture view of something. Back in January, we reviewed Sterling vs US Dollar with a calculation which suggested the price risked challenging the Blue downtrend. As the months rolled beneath us, the pairing eventually issued such a challenge, topping out at 1.315 in July before retreating in confusion. What interested us about this was our calculation, back in January, gave 1.333 as a viable ambition, this number obviously declining every month. When the relationship hit 1.315, we’d no calculations giving such an ambition and the only thing capable of provoking reversal was the Blue downtrend.

Sometimes, trend lines can be important, especially as our raison d’être is to monitor how prices are reacting to trend lines. Sometimes, after all, they can just be meaningless crayon lines but in this instance, it seems clear the markets are regarding Blue as important. Should this be the case, Blue currently represents a level of 1.3039.229 (roughly) and above such, it seems a Long position should reward anyone speculating.

After all, it’s not often we are presented with tangible proof the market views a particular trend line as important.

 

Alas, since the relationship attempted a challenge of Blue, things appear be going horribly wrong for Sterling as its retreat against the US Dollar has proven quite merciless. Currently, it’s the case where below 1.2110 presents the potential of relaxation to an initial 1.2081. While this isn’t a massive drop in the grand scheme of things, a visit to 1.2081 will represent a price level around which we’d conventionally hope for a solid bounce. The implication, should 1.2081 break, allows our calculation giving 1.1710 as viable. And should this level be trashed, we can even supply a third drop target at 1.1512 as a point by which the pairing really must rebound. Unfortunately, if daring to ride this dodgy gravy train to the bottom, it appears the tightest stop loss level shall require to be quite wide at 1.2880 though there’s a vague chance 1.2556 shall suffice for a bunch of complex reasons.

Our reading of the recovery prospects is muddied by a demand to take a time element into consideration. Above 1.2556 calculates with the potential of a lift to 1.2976, potentially with the chance of breaking above Blue on the chart and triggering some proper recovery for Sterling. Such a scenario currently allows for recovery to 1.3393 with secondary, a longer term 1.4513. This sort of thing is liable to become game changing for the future, taking Sterling into unfamiliar territory where a future surge to 1.71 becomes possible.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:59:00PM BRENT 94.48 Success
10:01:37PM GOLD 1874.73 Success
10:05:03PM FTSE 7597.75
10:06:47PM STOX50 4145.8 4101 4087 4065 4131 4153 4170 4193 4120
10:11:18PM GERMANY 15263 15205 15140 15083 15268 15303 15356 15431 15202 ‘cess
10:14:41PM US500 4283.63 Shambles
10:26:17PM DOW 33614 ‘cess
10:28:57PM NASDAQ 14611.48
10:31:46PM JAPAN 32309 ‘cess

 

27/09/2023 FTSE Closed at 7593 points. Change of -0.42%. Total value traded through LSE was: £ 5,367,119,674 a change of 0.5%
26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%
19/09/2023 FTSE Closed at 7660 points. Change of 0.1%. Total value traded through LSE was: £ 4,847,212,890 a change of 23.66%

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:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EXPN Experian** **LSE:STAN Standard Chartered** **LSE:ZOO Zoo Digital** **

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Updated charts published on : BP PLC, Diageo, ECO (Atlantic) O & G, Experian, Standard Chartered,

LSE:BP. BP PLC. Close Mid-Price: 538.5 Percentage Change: + 1.43% Day High: 538.7 Day Low: 530.6

Target met. Continued trades against BP. with a mid-price ABOVE 538.7 sho ……..

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LSE:DGE Diageo Close Mid-Price: 3022 Percentage Change: -1.52% Day High: 3067 Day Low: 3016.5

Target met. Weakness on Diageo below 3016.5 will invariably lead to 3002p ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 11.75 Percentage Change: -4.08% Day High: 12.25 Day Low: 11.75

If ECO (Atlantic) O & G experiences continued weakness below 11.75, it wi ……..

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LSE:EXPN Experian Close Mid-Price: 2661 Percentage Change: -0.82% Day High: 2702 Day Low: 2661

If Experian experiences continued weakness below 2661, it will invariably ……..

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LSE:STAN Standard Chartered Close Mid-Price: 750.2 Percentage Change: -0.82% Day High: 764.8 Day Low: 748.6

In the event of Standard Chartered enjoying further trades beyond 764.8, ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 52 Percentage Change: -4.59% Day High: 55.1 Day Low: 51.7

Continued weakness against ZOO taking the price below 51.7 calculates as ……..

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

JD Sports Fashion (LSE:JD.) taking a run uphill?

#FTSE #Nasdaq  When we reviewed JP Sports back in May, it was with an expectation the future looked fairly rosy. It only needed a share price which exceeded 179p to trigger some movement of substance. Unfortunately, the period since has seen the price behave as if the company had appointed Russel Brand as their public face.

What really came as a surprise was scanning the company’s operations as we’d never appreciated how strongly this organisation, from Bury, was expanding throughout the known universe. Surely questions must be asked as to why the rag trade manufacturer featured in ‘Coronation St’, presumably from the same part of the world as JD, has failed to flourish over the years… This question only arises, because it transpires my wife’s Coronation St addiction is the ONLY reason we remain with a TV licence! If only they’d bring back Top Gear or Formula 1.

 

For JD Sports, it remains a puzzle why people attach any value to choosing a product due to a logo. Recently gifted a pair of trainers from Nike, they were returned, claiming a flat feet issue made wearing them impossible. However, for JD Sports, their own share price appears to be suffering its own flat feet issue, failing to do anything of particular note.

It is currently the case where above 150p should apparently trigger share price recovery to an initial 161p. Visually, there’s an expectation of hesitation at such a target level, given the presence of the downtrend since 2022. Our longer term secondary, if exceeded, works out at a confident looking 185p, this time with almost certain hesitation as this price will challenge a series of highs from the start of this year. Plenty of folk who’ve seen their investment trapped in the 180’s since February can be expected to contribute some selling pressure at the opportunity to regain their funds without any significant loss.

Should things intend go pear shaped, below 133p risks provoking real trouble, allowing for reversal to an initial 115p. Closure below 115p risks becoming absurdly troubling, dumping the share price into a region where a cycle to 64p becomes possible.

This one is a little bit worrying as the share has carefully avoided triggering growth. However, presumably they shall avoid being perceived as doing deals in car parks for the future and perhaps allowing confidence to return to the share price.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:25:18PM BRENT 92.49
9:28:32PM GOLD 1900.22 Success
9:31:54PM FTSE 7603.7 7594 7585 7532 7621 7658 7682 7716 7610
9:34:17PM STOX50 4119.2 ‘cess
9:52:40PM GERMANY 15214.8 ‘cess
9:56:28PM US500 4278.2
10:09:40PM DOW 33655 ‘cess
10:15:27PM NASDAQ 14560 14504 14265 13811 14622 14730 14819 14924 14650 Success
10:17:58PM JAPAN 32118 Success

 

26/09/2023 FTSE Closed at 7625 points. Change of 0.01%. Total value traded through LSE was: £ 5,340,510,819 a change of -24.76%
25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%
19/09/2023 FTSE Closed at 7660 points. Change of 0.1%. Total value traded through LSE was: £ 4,847,212,890 a change of 23.66%
18/09/2023 FTSE Closed at 7652 points. Change of -0.77%. Total value traded through LSE was: £ 3,919,854,652 a change of -71.71%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:ECO ECO (Atlantic) O & G** **LSE:ITV ITV** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **

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Updated charts published on : Bowleven, BP PLC, ECO (Atlantic) O & G, ITV, Spirax, Tern Plc,

LSE:BLVN Bowleven Close Mid-Price: 0.89 Percentage Change: -50.56% Day High: 1.25 Day Low: 0.65

Target met. If Bowleven experiences continued weakness below 0.65, it wil ……..

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LSE:BP. BP PLC. Close Mid-Price: 530.9 Percentage Change: + 0.68% Day High: 533.3 Day Low: 521.2

Further movement against BP PLC ABOVE 533.3 should improve acceleration t ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 12.25 Percentage Change: -5.04% Day High: 12.8 Day Low: 12.25

Weakness on ECO (Atlantic) O & G below 12.25 will invariably lead to 11.4 ……..

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LSE:ITV ITV Close Mid-Price: 70.7 Percentage Change: -1.86% Day High: 71.88 Day Low: 70.3

Watching TV recently, I was amazed at the number of advertising slots bein ……..

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LSE:SPX Spirax Close Mid-Price: 9242 Percentage Change: -2.45% Day High: 9448 Day Low: 9202

Target met. In the event Spirax experiences weakness below 9202 it calcul ……..

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LSE:TERN Tern Plc Close Mid-Price: 5.5 Percentage Change: -4.35% Day High: 6.25 Day Low: 5.25

Target met. Further movement against Tern Plc ABOVE 6.25 should improve a ……..

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

Yellow Cake Plc (LSE:YCA)  glowing in the dark.

#Gold #SP500 The term Yellowcake is always something I’ve a personal fondness for. While never having harboured an ambition to sit down and tuck into a nice bowl of Uranium, the term yellow cake was employed when I was a child to keep me out of the kitchen when either my mother or sister were cooking. The reasoning was quite straightforward, due to a potentially fatal allergy to egg.

If either family member was baking, the point at which egg was added to any mix turned it a sickly yellow, warning me to keep far away from whatever was being prepped. This would apply to scones, bread and butter pudding, cake (obviously) or even bread being painted with the stuff prior to being shoved in the oven. Sometimes, I suspect eggs were not involved and it was all just an excuse to give them some peace to cook and a child’s fingers away from any cans of condensed milk, a personal kryptonite. Such was this unfulfilled longing, when I purchased my first flat, I clearly remember buying a large can of condensed milk and sitting down in my own kitchen to privately devour it. It transpired the task was beyond any immediate greed, a long held ambition defeated by the relentless sweet contents. Oddly, this was all it took to cure me of such an addiction.

But I still distrust Yellow cake with similar alarm to yellow snow…

 

When we previously reviewed Uranium “speculator” Yellow Cake back in March, we’d given three potential target levels. A few of our clients believe, quite firmly, Uranium is a product whose turn is coming and with the easing of society fears for the nuclear industry (doubtless assisted by a now compliant media who’ve abandoned their prior hysterical stance), we shouldn’t be surprised this share price has achieved every one of our target levels.

Currently, Yellow Cake face a bit of a problem from our perspective.

The immediate situation suggests movement above 568p should make an attempt at 572p next with our secondary, if exceeded, working out at a longer term 655p. In the normal scheme of things, we’d anticipate some hesitation at the 572p level as the share price is getting close to the top end of our calculations. We shall be interested if the market once again chooses to gap the price upward as this should make it clear there are expectations for Yellow Cake in the future above 655p.

Visually, the recent nudge above 500p looks like it was inflicted, just to avoid the 5 quid level becoming entrenched as a point of resistance. This is certainly an interesting share, not least due to a suspicion our upper target of 655p shall become a footnote, proving just because we cannot calculate higher, it doesn’t mean the price cannot continue north.

 

If things intend go wrong, below 450 risks becoming troublesome, allowing for reversal down to an initial 415 with our longer term secondary, if broken, working out at 363p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:11:30PM BRENT 92.1 91.84
10:13:54PM GOLD 1916.48 1913 1906 1899 1923 1929 1934 1941 1919
10:17:17PM FTSE 7637 7615 Success
10:23:18PM STOX50 4181.3 4168 Success
10:25:39PM GERMANY 15441.45 15398
10:28:35PM US500 4345.43 4299 4271 4181 4357 4357 4368 4391 4317
10:33:55PM DOW 34043 33908 Success
10:37:40PM NASDAQ 14805 14712
10:39:56PM JAPAN 32714 32663

 

25/09/2023 FTSE Closed at 7624 points. Change of -0.77%. Total value traded through LSE was: £ 7,097,867,582 a change of -9.65%
22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%
19/09/2023 FTSE Closed at 7660 points. Change of 0.1%. Total value traded through LSE was: £ 4,847,212,890 a change of 23.66%
18/09/2023 FTSE Closed at 7652 points. Change of -0.77%. Total value traded through LSE was: £ 3,919,854,652 a change of -71.71%
15/09/2023 FTSE Closed at 7711 points. Change of 0.5%. Total value traded through LSE was: £ 13,856,220,608 a change of 129.91%

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:BLOE Block Energy PLC** **LSE:EXPN Experian** **LSE:OPG OPG Power Ventures** **LSE:SPT Spirent Comms** **LSE:SPX Spirax** **LSE:TERN Tern Plc** **

********

Updated charts published on : Aston Martin, Block Energy PLC, Experian, OPG Power Ventures, Spirent Comms, Spirax, Tern Plc,

LSE:AML Aston Martin Close Mid-Price: 268.2 Percentage Change: -3.73% Day High: 278.6 Day Low: 260.4

Target met. In the event Aston Martin experiences weakness below 260.4 it ……..

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LSE:BLOE Block Energy PLC. Close Mid-Price: 1.5 Percentage Change: + 1.69% Day High: 1.5 Day Low: 1.48

In the event of Block Energy PLC enjoying further trades beyond 1.5, the ……..

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LSE:EXPN Experian Close Mid-Price: 2687 Percentage Change: -1.14% Day High: 2715 Day Low: 2668

In the event Experian experiences weakness below 2668 it calculates with ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 11 Percentage Change: + 5.77% Day High: 12 Day Low: 10.5

Target met. All OPG Power Ventures needs are mid-price trades ABOVE 12p t ……..

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LSE:SPT Spirent Comms Close Mid-Price: 135.5 Percentage Change: -1.31% Day High: 136.5 Day Low: 133.5

Target met. If Spirent Comms experiences continued weakness below 133.5, ……..

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LSE:SPX Spirax Close Mid-Price: 9474 Percentage Change: -1.27% Day High: 9614 Day Low: 9366

Continued weakness against SPX taking the price below 9366 calculates as ……..

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LSE:TERN Tern Plc. Close Mid-Price: 5.75 Percentage Change: + 9.52% Day High: 5.75 Day Low: 5

Continued trades against TERN with a mid-price ABOVE 5.75 should improve ……..

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

Barclays Plc (LSE:BARC), like a sinking stone…

#Brent #Dax  With spectacular levels of competence, we managed to miss TWO international championships at the weekend. Firstly, there was the Grand Prix from Japan and secondly, there was the World Stone Skimming Championship in Scotland. Being in Scotland, it was easier to opt to attend our local event, World Stone Skimming, which was scheduled for the isle of Easdale in Argyll.

We’ve been promising ourselves a day out to Easdale for years. As the place is virtually on our doorstep, we’ve obviously never bothered visiting since moving to Argyll, this attitude generally being the fate of local attractions throughout the UK. However, we’d decided to take this event seriously, planning on leaving at 9am rather than enjoy a lazy Sunday watching the usually entertaining Japanese Grand Prix. The journey to Easdale started with light rain but thankfully deserted roads but the weather steadily worsened as we headed north.  Stopping to let the dog out alongside the Crinnan Canal, the question arose as to whether we really wanted to spend Sunday afternoon in now torrential rain, watching people throw stones at water? Easdale, once renowned for its slate quarries, is hard to visit without skimming flat stones across its dark and threatening deep ponds as, aside from a pub and a chums derelict house, there’s nothing else to do there. We opted to let common sense take over rather than face getting soaked, turned around and chose to stop for lunch at Loch Fyne Oyster Bar on the journey home. Thankfully, the dog likes shellfish…

And that’s how easy it is to miss two championship events, though the “highlights” show from Japan was interesting as the TV producers proved unable to edit out many laps of the race, due to it once again being quite good. It’s a strange sentiment, praising Formula 1 because some real racing actually took place!

 

Alas, for Barclays, their share price movements remain open to some sniffs of distain. When we reviewed the share three weeks ago, we’d given an initial gain target at 160p, something achieved recently. In fact, on the day of the initial surge to target, their share price closed at 160.08p and by such a massive 8/100ths of a penny, it was seen to be exceeding our initial ambition, opening the door for great things in the future. We rarely feel confidence from such tiny signals as they often feel like they fall into the “a stopped clock is right twice a day” category of analysis.

However, if we pretend undying optimism, it’s now the case where movement exceeding 163.18p should next make an attempt for 175p with secondary, if exceeded, now calculating at 185p. We’re not terribly impressed with current price movements as they lack real confidence.

Should a slow down be on the cards, below 153.7 risks triggering reversal to an initial 152p with secondary, if broken, down at 150p and hopefully a bounce.  Visually, our fear is of a protracted “walk” down the Blue trend line on the chart until sufficient set of circumstances are discovered to allow Barclays to make a future attempt to show some gains.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
8:48:09PM BRENT 9222.3 9120 9030 8920 9244 9362 9428 9524 9274
8:50:03PM GOLD 1924.8 1922
8:52:06PM FTSE 7663.1 7700
8:54:06PM STOX50 4187 4191
9:01:29PM GERMANY 15501.2 15448 15322 15082 15562 15593 15632 15691 15530
9:04:33PM US500 4320.41 4320
9:06:36PM DOW 33980 34040
10:34:41PM NASDAQ 14706.3 14725
10:37:46PM JAPAN 32491 32472

 

22/09/2023 FTSE Closed at 7683 points. Change of 0.07%. Total value traded through LSE was: £ 7,855,931,745 a change of 26.88%
21/09/2023 FTSE Closed at 7678 points. Change of -0.69%. Total value traded through LSE was: £ 6,191,643,124 a change of 28.33%
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%
19/09/2023 FTSE Closed at 7660 points. Change of 0.1%. Total value traded through LSE was: £ 4,847,212,890 a change of 23.66%
18/09/2023 FTSE Closed at 7652 points. Change of -0.77%. Total value traded through LSE was: £ 3,919,854,652 a change of -71.71%
15/09/2023 FTSE Closed at 7711 points. Change of 0.5%. Total value traded through LSE was: £ 13,856,220,608 a change of 129.91%
14/09/2023 FTSE Closed at 7673 points. Change of 1.97%. Total value traded through LSE was: £ 6,026,828,350 a change of 14.3%

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:BLOE Block Energy PLC** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:IPF International Personal Finance** **LSE:OPG OPG Power Ventures** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Aston Martin, Block Energy PLC, BP PLC, Cellular Goods, Diageo, International Personal Finance, OPG Power Ventures, Spirax, Standard Chartered,

LSE:AML Aston Martin Close Mid-Price: 278.6 Percentage Change: -2.25% Day High: 282.4 Day Low: 276.6

Continued weakness against AML taking the price below 276.6 calculates as ……..

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LSE:BLOE Block Energy PLC. Close Mid-Price: 1.48 Percentage Change: + 5.36% Day High: 1.48 Day Low: 1.4

Continued trades against BLOE with a mid-price ABOVE 1.48 should improve ……..

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LSE:BP. BP PLC. Close Mid-Price: 525.7 Percentage Change: + 1.02% Day High: 529.1 Day Low: 515.6

All BP PLC needs are mid-price trades ABOVE 529.1 to improve acceleration ……..

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LSE:CBX Cellular Goods Close Mid-Price: 0.48 Percentage Change: -9.52% Day High: 0.52 Day Low: 0.48

In the event Cellular Goods experiences weakness below 0.48 it calculates ……..

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LSE:DGE Diageo. Close Mid-Price: 3153.5 Percentage Change: + 0.45% Day High: 3191 Day Low: 3062

Target met. Continued weakness against DGE taking the price below 3062 ca ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 130 Percentage Change: + 0.39% Day High: 134 Day Low: 129.5

Target met. Continued trades against IPF with a mid-price ABOVE 134 shoul ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 10.4 Percentage Change: + 26.06% Day High: 11.5 Day Low: 8.12

Target met. Further movement against OPG Power Ventures ABOVE 11.5 should ……..

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LSE:SPX Spirax. Close Mid-Price: 9596 Percentage Change: + 0.06% Day High: 9596 Day Low: 9492

Target met. Weakness on Spirax below 9492 will invariably lead to 9340p w ……..

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LSE:STAN Standard Chartered Close Mid-Price: 750 Percentage Change: -0.45% Day High: 762.2 Day Low: 747.4

All Standard Chartered needs are mid-price trades ABOVE 762.2 to improve ……..

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