{"id":5333,"date":"2024-12-03T05:25:24","date_gmt":"2024-12-03T05:25:24","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=5333"},"modified":"2024-12-03T05:25:24","modified_gmt":"2024-12-03T05:25:24","slug":"loungers-plc-lselgrs-bringing-a-decent-social-environment","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2024\/12\/03\/loungers-plc-lselgrs-bringing-a-decent-social-environment\/","title":{"rendered":"Loungers Plc (LSE:LGRS), bringing a decent social environment!"},"content":{"rendered":"

#Gold #SP500 <\/span> \u00a0<\/span><\/b>\u00a0It’s that time of the year when chocolate grows on walls.\u00a0 The inevitable office Cadbury Advent Calendar has been teasing by its very presence since sometime in November, the usual threats in place if it were touched before December. Needless to say, the first couple of days of December scrolled by before it was remembered and raided. Obviously everything is a matter of personal taste but we cannot recommend a Cadbury Creamy Chocolate wall decoration. Basically, it’s not particularly great, potentially made worse by the heating in the office remoulding the content of each square!<\/span><\/p>\n

However, we’d considered doing an “Advent Calendar” type of headline piece for December, giving a series of shares which we thought may be worth perusal and as usual, we gave ourselves a row as we prefer being “tipsters”. Very few shares ever openly exhibit obvious – from our perspective – potentials for reasonable growth but surprisingly in this instance, we can take such an approach with Loungers Plc.<\/span><\/p>\n

 <\/p>\n

We’d never heard of the company, not entirely a surprise as while they operate around 260 sites in the UK, the company appear to have discovered a problem with Hadrian’s Wall, not a single outlet existing in Scotland. Their “look at us” map of the UK comes to a screaming halt at the Scottish border while even Northern Ireland enjoys the presence of an outlet, doubtless nothing to do with the fact the EU – without a border – exists just a few miles south?<\/span><\/p>\n

We’re inclined to take the inviolate Scottish border seriously as the company boast they intend expand to around 400 outlets. As a result, it shall not prove difficult to venture north with an open cheque book as the hospitality industry continues to struggle, fighting both UK government rules and also some truly absurd Scottish government concepts. Thankfully the incompetent shambles which is the Scottish government appears to be on the verge of sorting itself out as it’s unlikely the “woke” agenda shall survive the next general election. When the current Scottish PM attended Mr Alex Salmonds memorial service at the weekend, he faced the wrath of protesters outside the church, folk quite angry at him effectively working against the country, questioning why he was attending a memorial for a man who came to despise him. Personally, we suspect the opportunity to put an entire days work on “expenses” was the single reason the bloke appeared.<\/span><\/p>\n

 <\/p>\n

However, assuming expansion into Scotland is on Loungers agenda, it will make sense to anticipate further improvement to their share price as their formula appears to be working. It’s certainly interesting that from a personal perspective, the idea of a decent local cafe\/bar is always attractive as this is the sort of venue preferred.<\/span><\/p>\n

 <\/p>\n

And thus, if we favour our first “advent” share for December being Loungers Plc, our reasoning is fairly straightforward from a charty perspective.<\/span><\/p>\n

The share price was recently gapped up massively from 238 to 307p and regardless of the cause, it is worth examining the results of such a movement. Visually, the most obvious outcome has been to create a new “higher high”, one of our favourite signals. Secondly, the share price was also gapped up above the immediate Blue downtrend, entering a brave new world for an interesting future.<\/span><\/p>\n

Next above 313p looks capable of triggering further rises to an initial 329 with our longer term secondary, if bettered, at a confident looking future 390p.<\/span><\/p>\n

 <\/p>\n

Should things decide to go wrong, we shall panic if it finds an excuse to close below Blue, currently at 290p. We think this shall be worth keeping an eye on.<\/span><\/p>\n

<\/p>\n

 <\/p>\n

\n

FUTURES<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Time Issued<\/span><\/td>\nMarket<\/span><\/td>\nPrice At Issue<\/span><\/td>\nShort Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nLong Entry<\/span><\/td>\nFast Exit<\/span><\/td>\nSlow Exit<\/span><\/td>\nStop<\/span><\/td>\nPrior<\/span><\/td>\n<\/tr>\n
10:52:41PM<\/span><\/td>\nBRENT<\/span><\/td>\n7191.3<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
10:56:47PM<\/span><\/td>\nGOLD<\/span><\/td>\n2641.95<\/span><\/td>\n2634<\/span><\/td>\n2628<\/span><\/td>\n2620<\/span><\/td>\n2645<\/span><\/td>\n2652<\/span><\/td>\n2658<\/span><\/td>\n2670<\/span><\/td>\n2638<\/span><\/td>\n<\/td>\n<\/tr>\n
10:58:50PM<\/span><\/td>\nFTSE<\/span><\/td>\n8325.4<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
11:03:35PM<\/span><\/td>\nSTOX50<\/span><\/td>\n4854.2<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
11:05:58PM<\/span><\/td>\nGERMANY<\/span><\/td>\n19926.5<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
11:40:59PM<\/span><\/td>\nUS500<\/span><\/td>\n6049<\/span><\/td>\n6021<\/span><\/td>\n6011<\/span><\/td>\n5997<\/span><\/td>\n6033<\/span><\/td>\n6053<\/span><\/td>\n6084<\/span><\/td>\n6169<\/span><\/td>\n6020<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
11:43:29PM<\/span><\/td>\nDOW<\/span><\/td>\n44759<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
11:46:13PM<\/span><\/td>\nNASDAQ<\/span><\/td>\n21147.9<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
11:49:22PM<\/span><\/td>\nJAPAN<\/span><\/td>\n39047<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

2\/12\/2024 FTSE Closed at 8312 points. Change of 0.3%. Total value traded through LSE was: \u00a3 4,317,215,202 a change of -3.75%<\/h5>\n
29\/11\/2024 FTSE Closed at 8287 points. Change of 0.07%. Total value traded through LSE was: \u00a3 4,485,252,544 a change of 30.02%<\/h5>\n
28\/11\/2024 FTSE Closed at 8281 points. Change of 0.08%. Total value traded through LSE was: \u00a3 3,449,559,431 a change of -33.99%<\/h5>\n
27\/11\/2024 FTSE Closed at 8274 points. Change of 0.19%. Total value traded through LSE was: \u00a3 5,225,979,725 a change of 8.57%<\/h5>\n
26\/11\/2024 FTSE Closed at 8258 points. Change of -0.4%. Total value traded through LSE was: \u00a3 4,813,247,138 a change of -58.36%<\/h5>\n
25\/11\/2024 FTSE Closed at 8291 points. Change of 0.35%. Total value traded through LSE was: \u00a3 11,560,117,120 a change of 129.48%<\/h5>\n
22\/11\/2024 FTSE Closed at 8262 points. Change of 1.39%. Total value traded through LSE was: \u00a3 5,037,419,096 a change of -5.47% <\/a><\/h5>\n

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.<\/span><\/span><\/p>\n

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 <\/span><\/span><\/p>\n

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.<\/span><\/span><\/p>\n

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.<\/span><\/span><\/p>\n

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…<\/p>\n

\n

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares<\/h4>\n

<\/a>Click Epic to jump to share: LSE:AAL Anglo American** **LSE:BT.A British Telecom** **LSE:CCL Carnival** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **<\/p>\n

********<\/p>\n

Updated charts published on : Anglo American, British Telecom, Carnival, HSBC, ITM Power, Just Eat, Lloyds Grp., Music Magpie, Natwest, Rockhopper, Scottish Mortgage Investment Trust,<\/p>\n

\n

LSE:AAL Anglo American<\/span>. Close Mid-Price: 2562.5 Percentage Change: + 1.67% Day High: 2570.5 Day Low: 2503.5<\/h4>\n

Continued trades against AAL with a mid-price ABOVE 2570.5 should improve ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Anglo American & Big Picture ***<\/a><\/p>\n

\n

LSE:BT.A British Telecom<\/span>. Close Mid-Price: 160.9 Percentage Change: + 1.00% Day High: 161.9 Day Low: 159.7<\/h4>\n

Target met. All British Telecom needs are mid-price trades ABOVE 161.9 to ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous British Telecom & Big Picture *** <\/a><\/p>\n

\n

LSE:CCL Carnival<\/span>. Close Mid-Price: 1873.5 Percentage Change: + 4.05% Day High: 1898 Day Low: 1790.5<\/h4>\n

Target met. Continued trades against CCL with a mid-price ABOVE 1898 shou ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Carnival & Big Picture ***<\/a><\/p>\n

\n

LSE:HSBA HSBC<\/span>. Close Mid-Price: 737.9 Percentage Change: + 0.71% Day High: 739.1 Day Low: 730.8<\/h4>\n

All HSBC needs are mid-price trades ABOVE 739.1 to improve acceleration t ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous HSBC & Big Picture ***<\/a><\/p>\n

\n

LSE:ITM ITM Power Close Mid-Price: 33 Percentage Change: -3.00% Day High: 34.9 Day Low: 32.46 <\/span><\/h4>\n

In the event ITM Power experiences weakness below 32.46 it calculates wit ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous ITM Power & Big Picture ***<\/a><\/p>\n

\n

LSE:JET Just Eat<\/span>. Close Mid-Price: 1298 Percentage Change: + 3.18% Day High: 1310 Day Low: 1252<\/h4>\n

Target met. All Just Eat needs are mid-price trades ABOVE 1310 to improve ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Just Eat & Big Picture ***<\/a><\/p>\n

\n

LSE:LLOY Lloyds Grp. Close Mid-Price: 52.82 Percentage Change: -0.45% Day High: 53.4 Day Low: 52.58 <\/span><\/h4>\n

If Lloyds Grp. experiences continued weakness below 52.58, it will invari ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Lloyds Grp. & Big Picture ***<\/a><\/p>\n

\n

LSE:MMAG Music Magpie<\/span>. Close Mid-Price: 8.85 Percentage Change: + 0.00% Day High: 9 Day Low: 8.85<\/h4>\n

Further movement against Music Magpie ABOVE 9 should improve acceleration ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Music Magpie & Big Picture ***<\/a><\/p>\n

\n

LSE:NWG Natwest<\/span>. Close Mid-Price: 406.6 Percentage Change: + 0.97% Day High: 407.3 Day Low: 398.8<\/h4>\n

All Natwest needs are mid-price trades ABOVE 407.3 to improve acceleratio ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Natwest & Big Picture ***<\/a><\/p>\n

\n

LSE:RKH Rockhopper<\/span>. Close Mid-Price: 20.5 Percentage Change: + 8.47% Day High: 21.3 Day Low: 18.85<\/h4>\n

Target met. All Rockhopper needs are mid-price trades ABOVE 21.3 to impro ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Rockhopper & Big Picture ***<\/a><\/p>\n

\n

LSE:SMT Scottish Mortgage Investment Trust<\/span>. Close Mid-Price: 959.8 Percentage Change: + 1.80% Day High: 960.8 Day Low: 945<\/h4>\n

Target met. Continued trades against SMT with a mid-price ABOVE 960.8 sho ……..<\/span><\/p>\n

Subscribe for more<\/a><\/p>\n

<\/p<\/p>\n

View Previous Scottish Mortgage Investment Trust & Big Picture ***<\/a><\/p>\n

\n

*** End of “Updated Today” comments on shares<\/span><\/h2>\n","protected":false},"excerpt":{"rendered":"

#Gold #SP500 \u00a0\u00a0It’s that time of the year when chocolate grows on walls.\u00a0 The inevitable office Cadbury Advent Calendar has been teasing by its very presence since sometime in November, the usual threats in place if it were touched before December. Needless to say, the first couple of days of December scrolled by before it … <\/p>\n

Continue reading “Loungers Plc (LSE:LGRS), bringing a decent social environment!”<\/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-5333","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5333","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=5333"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5333\/revisions"}],"predecessor-version":[{"id":5334,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5333\/revisions\/5334"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=5333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=5333"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=5333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}