{"id":5344,"date":"2024-12-11T07:26:18","date_gmt":"2024-12-11T07:26:18","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=5344"},"modified":"2024-12-11T07:26:18","modified_gmt":"2024-12-11T07:26:18","slug":"wickes-group-plc-lsewix-a-price-building-interest","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2024\/12\/11\/wickes-group-plc-lsewix-a-price-building-interest\/","title":{"rendered":"Wickes Group Plc (LSE:WIX), a price building interest?"},"content":{"rendered":"

#FTSE #Stoxx <\/span> \u00a0<\/span><\/b>At time of writing, my digital sensor on the office window says it’s -5c, something I’m inclined to believe. Turning to face a window reveals the glass surface is literally radiating the outside temperature into the room. Goodness knows how pensioners will cope this winter with the UK government opting to withdraw an additional payment to cope with the extra cost of heating. Thankfully, here in Argyll, the most common fuel for heating – wood – has a secret. Doing the work for a woodburning stove means you are heated two or three times from the same batch of wood. Firstly, there’s the physical effort involved in cutting trees down and dragging the timber to a slicing area, usually extraordinary hard work. Secondly, there’s the fun bit a few months later, shattering the sliced timber with a log splitter and carrying the prepared fuel to a log shelter area. Once again, this work with an Axe is physically taxing. And third, the fun bit, burning the stuff with occasional flashes of recognition when a particularly irritating bit of wood is thrown on the fire.<\/p>\n

Of course, there’s always the risk this load of activity could be good for your health and weight, so as a result the UK Environmental folk are doing their best to demonise burning wood! But as everyone with a wood burner knows, there’s nothing to beat “freebie” cuts of wood, accidentally supplied by DIY companies such as Wickes and B&Q. Invariably, everyone doing a project has absurd levels if what’s called off-cuts, perfect for use as kindling to start fires but sometimes capable of providing proper heating. Making friends with roofing contractors can be a good idea as they’ve usually a solid supply of solid cuts of timber available and it’s always nice being able to pile wood easily, rather than do battle with shaky log piles.<\/p>\n

 <\/p>\n

Obviously, we like Wickes Group Plc and kidding aside about timber off cuts, historically we’ve often found the company better for odd-ball bits and pieces, the difficult hardware and tools often ignored by an increasingly corporate B&Q mindset. However, their share price hasn’t followed our preference for the company, quite the opposite.<\/p>\n

Perhaps a light at the end of a tunnel is currently appearing, so perhaps WIX.L shall prove worth keeping an eye on.<\/p>\n

Currently, above just 157p suggests the potential of price recovery to an initial 162p with our secondary, if bettered, at a future 176p along with almost certain hesitation as this matches the height of previous highs. But from a longer term perspective, closure above 176p will be treated as important, moving the price into a zone where longer term movement just above the 200p level will make a lot of sense.<\/p>\n

If things intend go wrong, LSE:WIX needs below 143p for panic, allowing reversal to an initial 132p with our secondary, if broken, calculating down at an eventual possible bottom of 117p.<\/p>\n

 <\/p>\n

For now, we think Wickes shall prove keeping an eye on from a gains perspective.<\/p>\n

<\/p>\n

 <\/p>\n

FUTURES<\/p>\n

\n

FUTURES<\/p>\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
10:42:24PM<\/span><\/td>\nBRENT<\/span><\/td>\n7251.2<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
10:45:43PM<\/span><\/td>\nGOLD<\/span><\/td>\n2695.79<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/span><\/td>\n<\/tr>\n
10:50:03PM<\/span><\/td>\nFTSE<\/span><\/td>\n8246.1<\/span><\/td>\n8242<\/span><\/td>\n8212<\/span><\/td>\n8181<\/span><\/td>\n8280<\/span><\/td>\n8315<\/span><\/td>\n8342<\/span><\/td>\n8372<\/span><\/td>\n8283<\/span><\/td>\n‘cess<\/span><\/td>\n<\/tr>\n
10:57:59PM<\/span><\/td>\nSTOX50<\/span><\/td>\n4942.3<\/span><\/td>\n4936<\/span><\/td>\n4924<\/span><\/td>\n4899<\/span><\/td>\n4954<\/span><\/td>\n4958<\/span><\/td>\n4964<\/span><\/td>\n4973<\/span><\/td>\n4944<\/span><\/td>\n<\/td>\n<\/tr>\n
11:14:05PM<\/span><\/td>\nGERMANY<\/span><\/td>\n20290<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
6:17:15AM<\/span><\/td>\nUS500<\/span><\/td>\n6040.4<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
6:20:43AM<\/span><\/td>\nDOW<\/span><\/td>\n44259<\/span><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

10\/12\/2024 FTSE Closed at 8280 points. Change of -0.86%. Total value traded through LSE was: \u00a3 4,476,630,300 a change of -11.71%<\/h5>\n
9\/12\/2024 FTSE Closed at 8352 points. Change of 0.53%. Total value traded through LSE was: \u00a3 5,070,546,042 a change of 9.1%<\/h5>\n
6\/12\/2024 FTSE Closed at 8308 points. Change of -0.49%. Total value traded through LSE was: \u00a3 4,647,469,843 a change of -11.07%<\/h5>\n
5\/12\/2024 FTSE Closed at 8349 points. Change of 0.17%. Total value traded through LSE was: \u00a3 5,225,818,106 a change of -2.92%<\/h5>\n
4\/12\/2024 FTSE Closed at 8335 points. Change of -0.29%. Total value traded through LSE was: \u00a3 5,383,163,281 a change of 3.03%<\/h5>\n
3\/12\/2024 FTSE Closed at 8359 points. Change of 0.57%. Total value traded through LSE was: \u00a3 5,224,934,773 a change of 21.03%<\/h5>\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% <\/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:AV. Aviva** **LSE:CAR Carclo** **LSE:GLEN Glencore Xstra** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:SDY Speedyhire** **<\/p>\n

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

Updated charts published on : Aviva, Carclo, Glencore Xstra, International Personal Finance, National Glib, Speedyhire,<\/p>\n

\n

LSE:AV. Aviva Close Mid-Price: 475.6 Percentage Change: -1.59% Day High: 482.4 Day Low: 473.5 <\/span><\/h4>\n

Below 473 now looks capable of a visit to 468 next with our secondary, if ……..<\/span><\/p>\n

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

<\/p<\/p>\n

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

\n

LSE:CAR Carclo Close Mid-Price: 27.4 Percentage Change: -0.72% Day High: 27.6 Day Low: 27.6 <\/span><\/h4>\n

Below 27.6 now indicates further reversal to an initial 24.7 with our seco ……..<\/span><\/p>\n

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

<\/p<\/p>\n

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

\n

LSE:GLEN Glencore Xstra Close Mid-Price: 385.9 Percentage Change: -2.27% Day High: 389.25 Day Low: 383.2 <\/span><\/h4>\n

Now looking slightly hopeful, above 414 is now needed to ideally trigger r ……..<\/span><\/p>\n

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

<\/p<\/p>\n

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

\n

LSE:IPF International Personal Finance<\/span>. Close Mid-Price: 130 Percentage Change: + 0.78% Day High: 130.5 Day Low: 128.5<\/h4>\n

This now needs exceed 139 to suggest coming recovery to an initial 145 wit ……..<\/span><\/p>\n

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

<\/p<\/p>\n

View Previous International Personal Finance & Big Picture ***<\/a><\/p>\n

\n

LSE:NG. National Glib Close Mid-Price: 951.6 Percentage Change: -1.37% Day High: 961.4 Day Low: 948 <\/span><\/h4>\n

This is now looking pretty dodgy as weakness below 948 points at coming re ……..<\/span><\/p>\n

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

<\/p<\/p>\n

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

\n

LSE:SDY Speedyhire<\/span>. Close Mid-Price: 31.5 Percentage Change: + 0.00% Day High: 31.75 Day Low: 31.1<\/h4>\n

This is really missbehaving as below 28 now risks reversal to an initial 2 ……..<\/span><\/p>\n

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

<\/p<\/p>\n

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

\n

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

#FTSE #Stoxx \u00a0At time of writing, my digital sensor on the office window says it’s -5c, something I’m inclined to believe. Turning to face a window reveals the glass surface is literally radiating the outside temperature into the room. Goodness knows how pensioners will cope this winter with the UK government opting to withdraw an … <\/p>\n

Continue reading “Wickes Group Plc (LSE:WIX), a price building interest?”<\/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-5344","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5344","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=5344"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5344\/revisions"}],"predecessor-version":[{"id":5345,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/5344\/revisions\/5345"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=5344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=5344"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=5344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}