{"id":1081,"date":"2019-07-16T23:12:01","date_gmt":"2019-07-16T22:12:01","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1081"},"modified":"2019-07-17T08:22:07","modified_gmt":"2019-07-17T07:22:07","slug":"barrs-for-17-07-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/07\/16\/barrs-for-17-07-2019\/","title":{"rendered":"BARRS for 17\/07\/2019"},"content":{"rendered":"\n

#SP500 #CAC40 <\/strong>We last reviewed A G Barrs<\/strong> a month ago (link<\/a><\/strong>), spending the last week feeling smug at the share prices dance on our 860 drop target. It did break our 860 briefly, hitting an alarming 859p in the process. Was this payback for their lack of sugar in Irn Bru?<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

There are suspicions the “Profit Warning” was due to \nScots panic buying proper Irn Bru, prior to the recipe change to something \nwhich, frankly, left a bitter aftertaste. It makes one wonder, if no-one thought \nto review the Coke Cola experience, when Coke changed the recipe? An insipid \n2019 compared with a strong 2018 (doubtless due to fanatical Scots stockpiling) \nshould probably have been expected, if indeed the Profit Warning can truly be \nattributed to a drop in sales of their primary product.<\/p>\n\n\n\n

The situation against Barr’s share price now looks \nrather risky. Utterly key for the following scenario shall be their share price \nCLOSING a session below 616p. In fact, intraday traffic below 600p is liable to \nbe a reasonable early warning signal. Such a disaster allows ongoing weakness to \n498p initially. If broken, secondary is a probable bottom of 347p which rather \nneatly matches the lows of 2012.<\/p>\n\n\n\n

Of course, there’s doubtless a bean counter at Barr’s \nwho’s about to suggest “Classic Irn Bru” might sell, perhaps at a premium price. \nInvariably, this will probably be the same person who suggested changing the \nrecipe to avoid the UK Govt sugar tax…<\/p>\n\n\n\n

A G Barr needs better RED, presently 775p, to suggest \nthis dip has been a dreadful mistake. <\/p>\n\n\n\n

For now, we suspect a trip to 498p is on the cards \nwhere it shall hopefully rebound.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n<\/a><\/font><\/p>\n

 <\/p>\n\n\n
\n\t

Time Issued<\/font><\/TD>

\n\t

Market<\/font><\/TD>

\n\t

Price At Issue<\/font><\/TD>

\n\t

Short Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Long Entry<\/font><\/TD>

\n\t

Fast Exit<\/font><\/TD>

\n\t

Slow Exit<\/font><\/TD>

\n\t

Stop<\/font><\/TD>

\n\t

Prior<\/font><\/TD> <\/TR>\nFUTURES<\/font><\/a>

\n\t

10:26:57PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

64.09<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:29:21PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1406.84<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:31:54PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7559.02<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n

\n\t

10:37:32PM<\/font><\/TD>

\n\t

FRANCE<\/font><\/TD>

\n\t

5603.2<\/font><\/TD>

\n\t

5571<\/font><\/TD>

\n\t

5552<\/font><\/TD>

\n\t

5527<\/font><\/TD>

\n\t

5615<\/font><\/TD>

\n\t

5616<\/font><\/TD>

\n\t

5628<\/font><\/TD>

\n\t

5653<\/font><\/TD>

\n\t

5577<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:42:07PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12417.98<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:44:43PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

3002.77<\/font><\/TD>

\n\t

3000<\/font><\/TD>

\n\t

2993.5<\/font><\/TD>

\n\t

2985<\/font><\/TD>

\n\t

3014<\/font><\/TD>

\n\t

3017<\/font><\/TD>

\n\t

3022.5<\/font><\/TD>

\n\t

3030<\/font><\/TD>

\n\t

3006<\/font><\/TD>

\n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:49:02PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

27333<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:51:36PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7918.37<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Shambles<\/font><\/TD> <\/TR>\n

\n\t

10:53:52PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

21478<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

Success<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

16\/07\/2019 FTSE Closed at 7577 points. Change of 0.61%. Total value traded through LSE was: \u00a3 5,401,478,176 a change of 12.98%<\/h>\n","protected":false},"excerpt":{"rendered":"

#SP500 #CAC40 We last reviewed A G Barrs a month ago (link), spending the last week feeling smug at the share prices dance on our 860 drop target. It did break our 860 briefly, hitting an alarming 859p in the process. Was this payback for their lack of sugar in Irn Bru? There are suspicions … <\/p>\n

Continue reading “BARRS for 17\/07\/2019”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1081","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1081"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1081\/revisions"}],"predecessor-version":[{"id":1082,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1081\/revisions\/1082"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1081"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}