Happy in Old Age, SAGA Plc (LSE:SAGA), trading around 877 presently?

It’s possible Ravens have an underserved reputation. The family of 5 birds which own our garden have definitely got some sort of relationship with our elderly Golden Retriever. The dogs lack of mobility makes it safe to throw bread for the birds, knowing despite her frenzied barks she is incapable of launching herself after them. Instead, we had the peculiar event of one of the birds throwing some bread to the dog (she doesn’t eat bread – for dog reasons) and the animal stopping her barks. And then, today there was the Robin incident, a tiny little bird trying to make a getaway with a 1/4 of a slice of bread, utterly overloaded. One of the Ravens landed in front of the Robin and just looked at it. The Robin flew into the hedge, the Raven tore the 1/4 slice into smaller bits, then flew off. Shortly afterward, a couple of Robins appeared and stuffed themselves.

And then, there’s Sheryl Crow and her habit of hiding bread. This Raven is notorious, piling dead leaves on top of bread, once she’s eaten her share. Today, we noticed a couple of Wood Pigeons throwing leafs around, searching for bread Sheryl had left for them. There’s an entire society becoming evident among our garden wildlife, the day we noticed the Pigeons feeding the Ravens was simply the start of a realisation “dog eat dog” may not entirely be the rules in our garden. Except for the 7 Red Squirrel who everyone hates. They hate each other and possibly even hate themselves.

And then there are the two seagulls, aviations permanent targets of practical jokes. The Ravens regularly tease the birds with Bread and Mussels, letting the scavengers think they’re about to get a free meal before another swoops in below them. Some days, the paving slabs at the front of the house look like an apocalypse has struck the local Mussel population.

This has quite a lot to do with Saga and jokes. Standby pensioner humour always relates to Zimmer Frames but with my brother needing to use one, if has been difficult to identify a funny side. Though he has refused my heavy duty padlock and chain, used to secure a motorcycle, as he claims his Zimmer frame will never be stolen. It was quite cruel, he received a dreadful medical diagnosis literally on the same day Saga started bombarding him with spam mail. At present, the entire family is trying to work out how to discard around the Zimmer frame, perhaps with an electric scooter, perhaps a hoverboard, perhaps with a clever pogo stick… None of us want to face the reality of him spending time in a wheelchair, doing Steven Hawking impersonations, and an electric pogo stick has some attractions, though perhaps also capable of generating a criminal record. It would essentially be a military rail gun without ammunition, though one which directs recoil at a counterweight, the human passenger.

His wife hissed “you are not considering this?” in a tone which dripped of acid burns.

As can be assumed, our parents banned my brother and I from joint idea development when we were kids, and we were never allowed to work together in the massive garage / workshop! I still remember when we dropped the engine from my trashed (but really cheap) Porsche 911, cross examination starting to find out our intentions. (trying to get the clapped out thing running. We cracked a cylinder block, a bad thing but we had a complex fix involving a chum in the aerospace industry.) Oddly, checking the DVLA website, that car is STILL on the go, taxed and MoT’d 30 years later.

Regarding Saga, their share price is a bit interesting. And perhaps not funny as there are arguments worth paying some attention to.

Our hope is to witness Saga tripping their Zimmer Frame upward, effectively kicking off a cycle which could undo the damage (circled)  enacted back in 2019 and instead, promoting share price recovery toward an initial 1,293p with our longer term secondary, if exceeded, working out at 1,706 and perhaps some hesitation.

To be fair, it’s allegedly the case where share price movement exceeding 916p should trigger the foregoing ambitions but visually, we’d be an awful lot happier if the market discovers an excuse to “gap” SAGA upward anytime soon. It would be a brilliant confirmation of our “GaGa” logic but, to be real, such a movement would tick a massive visual box.

Should Sage intend something as dire as their visit to Argyll last year (we question any logic which told the cruise line a visit to a big  garden centre was a good idea), their share price needs below 680p to trigger reversal to an initial 525 with our secondary, if broken, a less likely bottom down at 289p.

However, we suspect the organisation learned from their previous attempts, parking a cruise liner outside our house and loading passengers onto lifeboats, shipped ashore to visit a tourist destination which even the plants find boring, most dying off before the end of the season. Oddly, the place can be really spectacular at this time of year, floodlights illuminating massive tree lined alleys and placid ponds.

We’re taking a couple of days off (family stuff) and shall return on Thursday.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:49:45PM BRENT 9108.8
10:52:21PM GOLD 4139.5 4026 4008 3961 4080 4128 4179 4230 4085 Success
10:58:29PM FTSE 10827.9 ‘cess
11:04:38PM STOX50 6331.5 Success
11:06:49PM GERMANY 26444.4
11:10:44PM US500 7554.1 7362 7303 7212 7452 7564 7577 7670 7537 Success
11:10:32PM DOW 52395.4 Success
11:13:01PM NASDAQ 27913.3 Success
11:14:25PM JAPAN 60318

 

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:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:FGP Firstgroup** **LSE:ITM ITM Power** **

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Updated charts published on : Avacta, Astrazeneca, Firstgroup, ITM Power,

LSE:AVCT Avacta. Close Mid-Price: 52.75 Percentage Change: + 0.00% Day High: 54.6 Day Low: 52.75

Managing to get the share price BELOW 52.75 is the next problem level for ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 14066 Percentage Change: + 0.00% Day High: 14184 Day Low: 13920

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LSE:FGP Firstgroup. Close Mid-Price: 234.4 Percentage Change: + 0.00% Day High: 237.8 Day Low: 232.4

Further movement against Firstgroup ABOVE 237.8 should improve accelerati ……..

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LSE:ITM ITM Power. Close Mid-Price: 74.6 Percentage Change: + 0.00% Day High: 76.05 Day Low: 73

If the share price of ITM Power manages to move BELOW 73p, initial DOWN t ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

Is this a stuffed horse? Lloyds Banking Group Plc

If Lloyds were a UK AIM share, we’d suspect investors had just become victims of a fairly standard AIM Market stitch up, one which convinced traders it had “broken out”, then executed a cruel reversal to trap their money for a protracted holiday period. However, Lloyds is a respected member of the FTSE 100, a market which can be trusted…  or so the song goes. It’s fairer to say, just because you cannot see the sharks fins doesn’t mean the sharks are absent, quite the opposite!

With Lloyds share price is describing a similar trajectory to many manipulated AIM shares, the gullible having been suckered into a world where an overload of optimistic forecasts have promised a future world, where their share prices shall be worth a shedload of money. Thankfully, we can avoid guilt in this instance, their share price failing to trigger an upward levels since our analysis three weeks ago. The converse has been true, the share “successfully” triggering reversal to an initial 95.5p, even breaking below and making our longer term secondary around 91p a viable proposition.

However, we feel the need to alter our reversal potentials as price shuffles in a similar manner to Formula1 trying to keep in order for the Formation Lap in Brazil, a lap which provided the perfect amount of chaos to presage a pretty good race with just the right amount of rain.

For Lloyds, we’re inclined to present 92.13p as a trigger level, the share price (according to our software) required to CLOSE below such a level, introducing the potential of some fairly nasty reversals.  Alternately, a less certain trigger is suggested, if the share makes it below 91.3p during the course of a day, as this risks promoting reversal to an initial 87p with our secondary, if broken, calculating at 76.5p. There’s a reasonable visual argument favouring a bounce, if 76.5p makes itself known in the fullness of time.

Our alternate happier scenario asks Lloyds share price to exceed 106p before any tentative step into the realms of hope. Movements such as this ideally shall bring a visit to an initial 107.3p with our longer term secondary, if bettered, calculating at 115.7p.

In summary, we suspect 87p shall provide a bounce, if the current misery cycle continues. But unfortunately, there’s an increasingly solid looking glass ceiling forming around the 115p for the future, perhaps hinting the retail banking sector is about to spend time trapped in a zone with a lack of honest activity.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
2:48:26AM BRENT 9866.9 9252 8525.5 7578 9820 9976 10366 10526 9812
2:59:47AM GOLD 4070.26
3:07:47AM FTSE 10643.4
3:13:38AM STOX50 6138.6
3:33:19AM GERMANY 25671.5
3:38:43AM US500 7380.5
3:40:53AM DOW 51292.9
3:50:50AM NASDAQ 27001.7 26289 25134 23053 27020 27256 27365 27729 26910
3:53:32AM JAPAN 58267

 

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:AVCT Avacta** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **

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Updated charts published on : Avacta, Gulf Keystone, Glencore Xstra, Oxford Instruments, Parkmead,

LSE:AVCT Avacta. Close Mid-Price: 55 Percentage Change: + 0.00% Day High: 55.5 Day Low: 53

Weakness on Avacta below 53 will invariably lead to 50p and sometime late ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 190.4 Percentage Change: + 0.00% Day High: 190.4 Day Low: 185.4

If the share price of Gulf Keystone manages to move BELOW 185.4, initial ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 495.15 Percentage Change: + 0.00% Day High: 496.55 Day Low: 482.65

Continued weakness against GLEN taking the price below 482.65 calculates ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2436 Percentage Change: + 0.00% Day High: 2444 Day Low: 2316

Target met. In the event of OXIG share price managing to break below 2,31 ……..

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LSE:PMG Parkmead. Close Mid-Price: 19 Percentage Change: + 0.00% Day High: 19 Day Low: 18.2

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:PHP Primary Health** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Our Fabulous FTSE for FRIDAY & Wall St thoughts too

While voters in the USA, rather fittingly, organised a circular assassination squad with the results of their latest elections, the UK’s Bank of England decided the best way of tackling a “Cost of Living Crisis” was to ensure prices kept going up, bravely challenging rising prices by increasing Interest Rates. At some point, the current UK Prime Minister will doubtless punish all those involved by awarding peerages and titles, an easier proposition rather than risking any pause to question a failed economic model. After all, as an ex-town councillor in Manchester until assuming the top job, our Prime Minister was exquisitely qualified in wheelie bin collection times or choosing 20mph limit areas.

While across on the mainland, it was amusing to discover myself on a road which was 30mph on one side and just 20mph on the other. Perhaps they ran out of paint but the situation has remained for a couple of months! There’s no school involved, no particular parking situation, just the Eastbound side decorated with a plethora of 20mph signs and the road surface equally emblazoned. And the Westbound side has a 30mph sign, along with the usual miniature repeaters every now and then. It makes absolutely no sense, so perhaps the local Scottish councillors shall not prove to be Prime Ministerial material.

The first volley of shots from the USA appeared to impact the markets, the S&P down 4.36% and Wall Street down 3.44%. It was not a great day, the markets perhaps wondering if they’re about to retreat into the malaise of the President Biden years. From a relatively near term viewpoint, the Dow Jones apparently only needs weakness below 51,480 points to trigger reversal down to an initial 50,701 points with our secondary, if broken, a less visually likely 49,704 points. If triggered, the index needs exceed 51,905 to cancel the reversal potentials.

As for the UK FTSE, ending Thursday “only” down 0.43%, despite the damage from the Bank of England,, it feels like more trouble may be ahead. We strongly anticipate the FTSE opening substantially down on Friday, roughly 100 points below Thursdays closing price of 10,782 points. Our rather worrying calculations currently produce some dodgy sounding numbers.

Our Negative FTSE Scenario

If the FTSE 100 manages to open Friday below 10,688 points, serious trouble may be ahead as a cycle down to an initial 10,572 calculates as possible. Our longer term secondary (or later in the day) works out at 10,449 points, firmly placing the UK index in a zone where an ultimate bottom of 9,932 seems to be attractive. If triggered, the tightest stop looks like 10,770 points. Obviously, quite a lot will depend on the chaos emanating from the USA but  from the feel of things, the UK market feels destined to seek inspiration from America.

Our Positive FTSE Scenario

Our calculations to identify any “its all been a dreadful mistake” movements currently demand above 10,830 points should trigger pathetic growth to an initial 10,857 points. Our secondary, if exceeded, adds up to a slightly more useful 10,888 points. To be sensible, only if the FTSE clambers above 10,888 points shall we actually believe the reversal cycle may be erased and the visuals suggest this unlikely.

Our Weekend Scenario

The weather looks dry, so the little tractor will be in action mulching impressive numbers of leaves. It addition, the big chainsaw is going to enjoy itself, removing a few bushes which spent 2026 growing out of control. And there are two Pampas Grass which shall be incinerated, always a spectacular job. Hopefully the Brazilian Grand Prix brings some entertainment but viewing a YouTube short video from Jeremy Clarkson encapsulated our reduced interest in races. Formula1 has become an exercise in what happens when Health & Safety hits motorsports, drivers actually now being penalised for actually racing hard. When Jackie Stewart launched his campaign to reduce the number of deaths, it’s pretty certain he never envisaged the current placid spectacle of what passes for racing, even though the cars are effectively given a “maximum” speed limit.

Have a good weekend.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:13:59PM BRENT 9812.9 9724 9453 9862 9833 9872 9664
10:17:44PM GOLD 4087.28 4076 4053 4116 4146 4174 4106 Success
10:21:57PM FTSE 10669.5 10696 10555 10414 10759 10975 11058 11240 10881 Success
10:27:37PM STOX50 6158.7 6154 6119 6177 6256 6287 6218 Success
10:38:09PM GERMANY 26112.2 26089 25974 26170 26426 26494 26268 Shambles
10:42:43PM US500 7328.1 7320 7247 7432 7432 7464 7363 Success
10:45:34PM DOW 51235.9 51179 50173 51836 53752 54222 53471 ‘cess
10:48:44PM NASDAQ 26495.1 26452 25598 27006 27072 27282 26700 Success
10:52:57PM JAPAN 57012 56919 56436 57591 56916 56436 58027

 

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:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:TSCO Tesco** **

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Updated charts published on : Aviva, Avacta, British Telecom, Diageo, Experian, EasyJet, Glencore Xstra, Greggs, IQE, ITM Power, Intertek, Marks and Spencer, National Glib, Oxford Instruments, Primary Health, Tesco,

LSE:AV. Aviva. Close Mid-Price: 752.6 Percentage Change: + 0.00% Day High: 761.4 Day Low: 751

Target met. The next task for Aviva is to get the price above 761.4 (not ……..

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LSE:AVCT Avacta. Close Mid-Price: 55.75 Percentage Change: + 0.00% Day High: 58 Day Low: 55.25

If Avacta experiences continued weakness below 55.25, it will invariably ……..

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LSE:BT.A British Telecom. Close Mid-Price: 231.8 Percentage Change: + 0.00% Day High: 247.2 Day Low: 229.4

Target met. All British Telecom needs are mid-price trades ABOVE 247.2 to ……..

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LSE:DGE Diageo. Close Mid-Price: 1871.5 Percentage Change: + 0.00% Day High: 1908 Day Low: 1842.5

Target met. Simply managing to get the share price above 1908 is the next ……..

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LSE:EXPN Experian. Close Mid-Price: 3132 Percentage Change: + 0.00% Day High: 3172 Day Low: 3121

Target met. Continued trades against EXPN with a mid-price ABOVE 3,172 sh ……..

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LSE:EZJ EasyJet. Close Mid-Price: 690 Percentage Change: + 0.00% Day High: 690 Day Low: 685.6

The next task for EasyJet is to get the price above 690 (not with a fake ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 496.9 Percentage Change: + 0.00% Day High: 515 Day Low: 491.65

If Glencore Xstra experiences continued weakness below 491.65, it will in ……..

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LSE:GRG Greggs. Close Mid-Price: 2388 Percentage Change: + 0.00% Day High: 2402 Day Low: 2358

Simply managing to get the share price above 2402 is the next hurdle for ……..

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LSE:IQE IQE. Close Mid-Price: 28.35 Percentage Change: + 0.00% Day High: 32.5 Day Low: 27.3

Target met. Managing to get the share price BELOW 27.3 is the next proble ……..

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LSE:ITM ITM Power. Close Mid-Price: 74.8 Percentage Change: + 0.00% Day High: 81 Day Low: 73.3

Continued weakness against ITM taking the price below 73.3 calculates as ……..

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LSE:ITRK Intertek. Close Mid-Price: 5965 Percentage Change: + 0.00% Day High: 5965 Day Low: 5935

Target met. Further movement against Intertek ABOVE 5965 should improve a ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 444.2 Percentage Change: + 0.00% Day High: 452.5 Day Low: 443

Further movement against Marks and Spencer ABOVE 452.5 should improve acc ……..

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LSE:NG. National Glib. Close Mid-Price: 1285.5 Percentage Change: + 0.00% Day High: 1302.5 Day Low: 1258.5

Target met. If the price of National Glib manages to move ABOVE 1302.5, i ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2368 Percentage Change: + 0.00% Day High: 2578 Day Low: 2356

Target met. Weakness on Oxford Instruments below 2356 will invariably lea ……..

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LSE:PHP Primary Health. Close Mid-Price: 96.85 Percentage Change: + 0.00% Day High: 98.25 Day Low: 96.65

Continued trades against PHP with a mid-price ABOVE 98.25 should improve ……..

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LSE:TSCO Tesco. Close Mid-Price: 560.8 Percentage Change: + 0.00% Day High: 567.2 Day Low: 557

Target met. The next task for Tesco is to get the price above 567.2 (not ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MRO Melrose** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Marks & Spencer (LSE:MKS): Food for Thought, a Spot of Yeast Farming and a Share Price on the Rise?

Marks and Spencer Group Plc (LSE:MKS), currently trading around 440.7p.

M&S’s interim results were warmly received by the market, with its share price seemingly positioning itself for another attempt at higher ground. The headline figure attracting considerable attention was food sales growth of 13.9%. Impressive at first glance, although we cannot help wondering how much of this apparent growth owes itself to the rather eye-watering price increases across the food aisles.

After all, sales growth and genuine volume growth are two rather different animals. Without accounting for inflation and pricing, that impressive 13.9% may tell a rather less exciting story than the market appears willing to believe. Perhaps the real growth is somewhat less spectacular than the headline suggests!

Mind you, our own interest in supermarket food pricing is somewhat less sophisticated. It largely revolves around the price of granulated sugar, thanks to our wine-making hobby.

Morrisons remains our supermarket of choice, with a 5kg bag of granulated sugar currently costing £5.35. Even the discounters, Aldi and Lidl, struggle to better this. Better still, the 5kg bag happens to be exactly what is required for one of our 20-litre fermentation runs at 36.8°C, avoiding the usual weighing exercises and inevitable sugar spillages.

My wife, meanwhile, was conducting one of her periodic investigations into just how much this hobby actually costs. Naturally, the subject of yeast came up, along with the obvious question of whether I had compared supermarket prices.

This opened an entirely unexpected can of worms.

Where does yeast actually come from? A quick Google investigation produced a rather surprising answer: wild yeast can be found growing naturally on trees, with certain varieties associated with the bark of old oak trees.

And here comes the coincidence. We happen to have two rather elderly oak trees surviving on the cliff at the top of our garden.

Curiosity, as it so often does, took over. There is little financial incentive to produce our own yeast, given its relatively modest supermarket price. However, a fascinating trawl through fermentation discussions on Reddit revealed something rather more interesting. Home yeast enthusiasts frequently report results they consider superior to those achieved with commercially produced varieties.

It seems rather daft to ignore a potentially useful resource sitting practically on our doorstep. Consequently, we may soon be embarking on a little amateur yeast farming. Whether the eventual results end up in homemade wine or gluten-free bread remains to be seen. Either way, we shall hopefully have something interesting to report in a few months.

One does have to wonder why Jeremy Clarkson, the self-appointed King of Farming (and pubs), hasn’t yet made a feature of locally sourced yeast in his brewing adventures!

Back to the business of M&S shares.

The share price is now exploring territory not seen since the beginning of 2016 and, perhaps more importantly, appears to have broken free from the rather tiresome price malaise that has characterised much of the period since 2024.

This is potentially significant. We are beginning to see the sort of price behaviour that could signal a much more constructive longer-term trend. Whether the market can maintain its enthusiasm is, of course, another matter entirely.

Our Positive LSE:MKS Scenario

A move above 448p would provide the first encouraging signal, with our calculations suggesting an initial upside target of 457p.

Should the share price overcome this level, the longer-term secondary objective comes into view at a considerably more ambitious 514p.

Looking at the bigger picture, the current price position is particularly interesting. Our analysis suggests that the shares are operating within a zone where 552p could eventually exert a considerable gravitational pull.

For the moment, maintaining a position above 394p is important to preserving the optimism surrounding the current cycle.

Our Negative LSE:MKS Scenario

A share price CLOSURE below 394p would introduce a distinctly less comfortable situation.

Our calculations then suggest an initial downside objective of 360p. Should this level subsequently fail, the secondary target comes into play at 305p.

Interestingly, the latter level could also provide an opportunity for a substantial bounce, although getting there would hardly be an enjoyable experience for existing shareholders!

Even trading below 394p, without an actual closing breach, would be sufficient to introduce a considerable degree of nervousness.

And in Summary?

M&S appears to be enjoying a rather welcome change in fortune, and the technical picture is certainly more encouraging than it has been for some time.

Our preferred scenario remains upward, with 448p the level to watch and 514p providing a considerably more interesting destination should momentum develop.

Of course, markets have an unfortunate habit of making fools of the most confident predictions. So, while upward travel currently looks the more attractive proposition, perhaps it wouldn’t hurt to invest in the odd lucky rabbit’s foot.

After all, a little technical analysis, a spot of optimism and a dash of good fortune have never hurt anyone.

And if the share doesn’t deliver, at least we might end up with some rather interesting homemade yeast!

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:41:55PM BRENT 9359.9 9251 8782 7919 10050 10062 10450 10850 9908 Success
10:45:08PM GOLD 4060.51 4015 3998 3974 4052 4070 4074 4123 4031
10:47:37PM FTSE 10904.7 10814 10793 10756 10855 10912 10925 11063 10863 Success
10:52:45PM STOX50 6313.5 6237 6209 6174 6270 6315 6331 6394 6242
10:56:47PM GERMANY 26659.7 26200 26012 25792 26406 26670 26752 26991 26533 Success
10:59:19PM US500 7705.2 7620 7577 7531 7662 7717 7721 7807 7684 Success
11:13:30PM DOW 53454.4 52782 52353 51823 53054 53481 53751 54565 53246 Success
11:17:55PM NASDAQ 28461.05 28128 27892 27645 28358 28735 28877 29074 28497 Success
11:21:54PM JAPAN 62954 62528 62367 61997 63036 63476 64712 66276 63120

 

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:BT.A British Telecom** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:TSCO Tesco** **

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Updated charts published on : Aviva, British Telecom, Experian, EasyJet, Marks and Spencer, National Glib, Tesco,


LSE:AV. Aviva. Close Mid-Price: 747.6 Percentage Change: + 0.00% Day High: 747.8 Day Low: 730.4

Target met. Further movement against Aviva ABOVE 747.8 should improve acc ……..

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LSE:BT.A British Telecom. Close Mid-Price: 231.6 Percentage Change: + 0.00% Day High: 231.8 Day Low: 222.1

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LSE:EXPN Experian. Close Mid-Price: 3095 Percentage Change: + 0.00% Day High: 3133 Day Low: 2971

The next task for Experian is to get the price above 3133 (not with a fak ……..

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LSE:EZJ EasyJet. Close Mid-Price: 688.6 Percentage Change: + 0.00% Day High: 688.6 Day Low: 680

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LSE:MKS Marks and Spencer. Close Mid-Price: 440.7 Percentage Change: + 0.00% Day High: 447.3 Day Low: 402

Target met. All Marks and Spencer needs are mid-price trades ABOVE 447.3 ……..

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LSE:NG. National Glib. Close Mid-Price: 1265 Percentage Change: + 0.00% Day High: 1265 Day Low: 1237

All National Glib needs are mid-price trades ABOVE 1265 to improve accele ……..

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LSE:TSCO Tesco. Close Mid-Price: 553.4 Percentage Change: + 0.00% Day High: 555.8 Day Low: 535.6

Target met. In the event of TSCO share price managing to exceed 555.8 (pl ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MRO Melrose** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Jumping the downtrend, JD Sports Fashion Plc (LSE:JD.), trading around 94.3p presently.

JD Sports Fashion Plc (LSE: JD.), trading around 94.3p, has accomplished something slightly interesting. Indeed, against the backdrop of a stock market which has recently been about as exciting as a cricket match on a snowy afternoon, it’s actually rather noteworthy.

Mind you, if those responsible for promoting cricket were to stop and think, perhaps the game could become considerably more entertaining if played on snow. We remain utterly ambivalent about most sports involving a ball, failing to understand quite what people find attractive about them. Perhaps football would be improved by releasing a few lions onto the pitch, golf revolutionised by introducing wild boar, and tennis finally made watchable by positioning a couple of wasps’ nests between the players.

Then again, BBC Question Time featuring a Silverback Gorilla on the panel might do wonders for its increasingly desperate viewing figures.

Needless to say, we’re still unlikely to be found wandering around a JD Sports store!

However, putting our sporting prejudices to one side, JD Sports has recently achieved a Higher High, with its share price closing at a level not seen since 30 October last year.

This is potentially significant.

The improvement has occurred against the backdrop of the share price attempting to break away from the downtrend which has been in place since 2024. While this doesn’t yet guarantee a sustained recovery, it does place the share price in what we rather like to call “fingers crossed” territory.

Importantly, there is a fairly straightforward near-term price level which, if exceeded, could provide a considerably more encouraging argument for optimism.

Our Positive JD Sports Scenario

At present, share-price movement above 96.4p should trigger an initial upward movement towards 98p.

Admittedly, this represents relatively modest immediate potential. However, 98p is where things could become considerably more interesting.

Our Big Picture calculations suggest that a successful move beyond 98p could provide the foundations for an initial advance towards 108p, with a longer-term secondary target sitting at 137p.

Naturally, these are conditional projections rather than guaranteed destinations. Nevertheless, should the anticipated upward movement develop, our tightest stop-loss level currently looks reasonable at 88p.

Our Negative JD Sports Scenario

A share-price CLOSURE below 88p would considerably weaken the positive argument.

Such a development would introduce the risk of a reversal towards an initial downside target of 66p, a level which makes reasonable visual sense when examining the broader chart.

Should 66p subsequently fail, our longer-term secondary downside calculation comes in at a rather unpleasant 40p.

Hopefully, we won’t be needing that particular number!

And in Summary?

We think JD Sports’ share price is showing early signs of wanting to move higher.

The achievement of a Higher High, combined with the developing challenge to the longer-term downtrend, provides grounds for cautious optimism. The immediate hurdle is 96.4p, followed by the rather more important 98p.

A successful move beyond the latter could open the door to 108p and potentially 137p over the longer term.

Of course, much depends on whether the market decides to cooperate.

Let’s just hope that, in their ongoing efforts to damage the UK economy, the Bank of England doesn’t foul things up with an imaginative interest-rate decision this Thursday, 5 November.

We’ve got enough excitement with JD Sports!

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:32:24PM BRENT 10339.9 ‘cess
10:34:24PM GOLD 3929.14
10:37:38PM FTSE 10603.1 10593 10583 10514 10617 10730 10778 10842 10686 Success
10:40:37PM STOX50 6136.8 6125 6099 6065 6150 6202 6231 6280 6153 ‘cess
10:44:52PM GERMANY 25842.6
10:47:08PM US500 7580.2
10:49:15PM DOW 51676.9 ‘cess
10:52:32PM NASDAQ 28285.3 Shambles
10:56:37PM JAPAN 63154 ‘cess

 

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:AVCT Avacta** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:IQE IQE** **

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Updated charts published on : Avacta, Firstgroup, Fresnillo, IQE,

LSE:AVCT Avacta. Close Mid-Price: 57.5 Percentage Change: + 0.00% Day High: 59 Day Low: 56.6

If the share price of Avacta manages to move BELOW 56.6, initial DOWN tar ……..

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LSE:FGP Firstgroup. Close Mid-Price: 235.2 Percentage Change: + 0.00% Day High: 235.8 Day Low: 231.6

The next task for Firstgroup is to get the price above 235.8 (not with a ……..

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LSE:FRES Fresnillo. Close Mid-Price: 2291 Percentage Change: + 0.00% Day High: 2369 Day Low: 2251

Target met. Managing to get the share price BELOW 2,251 is the next probl ……..

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LSE:IQE IQE. Close Mid-Price: 33.35 Percentage Change: + 0.00% Day High: 34.55 Day Low: 30.75

Target met. If IQE intends to relax, the price needs to get below 30.75 ( ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Happy Days for IQE PLC (LSE:IQE), trading around 32p presently

By many standards, a read through of IQE’s “About Us” strongly suggests you’re swatting up on a company whose time has come. Established back in 1988, they’re now involved at the cutting edge of many areas, whether it’s communication, vehicle navigation, electrification, or buzzword prostitution in the fields of AI and Datacentres. To be generous, their website people have not entirely fallen into the well of gibberish terminology, despite a plethora of opportunity.

We’ve received a few emails, asking our thoughts on this share, suggesting there may be some gossip and expectation doing the rounds in the real world. Hopefully, any optimism is based on facts as the share price isn’t exactly residing in a happy place at present.

There has been a superb uptrend this year, since the days when the share price languished around 4.75p and experienced a cracking ride up to the 72p level. Unfortunately, as part of such a journey, our software demanded the share price CLOSE a session above 66p, an ambition which remains sadly lacking.

Currently, we’re not exactly oozing optimism due to the share price closing a session below the immediate Red Uptrend for 2026. We’ve painted a little circle around the problem on the chart below, one which implies IQE share price needs CLOSE above 34p to signal the need to rush out and buy a party popper. Or two! With the share price presently trading at just 32.65p, very little work is required to give some hope for the future.

At this point, we run into an experiment we’re running. Every now and then, we’ve been messing around with ChatGPT in the hope of improving our presentation and last Friday threw up an interesting result from the supposed AI (We know it’s just text lookup but what the heck…). On Friday, ChatGPT proved quite flattering, suggesting we don’t change a word but improve the layout of our article, allowing readers to jump beyond our brilliant sense of humour and just focus on the boring numbers given.

To be completely honest, it rather firmly said to keep our Whisky and Crunchies joke, claiming it added uniquely English humour to an article covering a quite dry topic, the FTSE. In addition, we kinda liked the “skip the boring” potentials as it’s something we’re guilty of doing with things which are obviously clickbait, either (increasingly) nonsense articles from the Independent, rubbish articles from the Guardian, or the odd YouTube video which promises a lot and experience has taught will deliver nothing. YouTube should publish a “Rule One”, jump beyond any video which says ‘Watch to the End’ or ‘You Will Not Believe What Happens After…’

Our Negative IQE View

Now below 32.5p risks triggering reversal down to an initial 30.9p with our longer term secondary, if broken, calculating down at 21.3p and a probable bounce level. The visuals certainly tick the boxes for such a scenario but we’re curious as to what has piqued our correspondents interest. Sometimes punters know a thing or two.

Our Positive IQE View

At present, our elastic measuring tape suggests the hope of movement above 38p triggering gains to an initial 50.5p.  This does make some sense, as does our secondary if such an ambition is exceeded, which works out at 66p. For the long term, closure above 66p remains absolutely critical, taking the share price into a zone where a Big Picture cycle to a future 94p should allegedly commence.

And in Summary?

Our conclusion is a little vague but one of the folk who got in touch has a reasonable track record. As a result, we’re inclined to take her optimism seriously but still would suggest playing safe and keeping an eye on our 38p trigger level. While we always prefer caution, the concept is preferable to spouting potentials which risk having investors “walk” funny.

And Finally;

We’d expected to be away for a couple of days this week. It will be next week for our family get together, due to a (seriously funny) error by a teenage niece who’s managed to become a complicated illegal alien in a European country. There are passport control officers throughout Europe who’re glad she’s not their daughter.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:05:29PM BRENT 10343.1 Success
10:36:29PM GOLD 3945.72 3879 3761 3448 3920 3970 3999 4042 3930
10:40:53PM FTSE 10770.9
10:44:42PM STOX50 6148.5
10:58:02PM GERMANY 25916.8 25737 25661 25539 25901 26023 26062 26119 25943
11:01:05PM US500 7556.2
11:03:23PM DOW 51996.4
11:06:27PM NASDAQ 28033.7
11:09:15PM JAPAN 62644

 

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:AVCT Avacta** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:TSCO Tesco** **

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Updated charts published on : Avacta, Firstgroup, Greggs, IQE, ITM Power, Intertek, Spirax, Serco, Tesco,

LSE:AVCT Avacta. Close Mid-Price: 59.25 Percentage Change: + 0.00% Day High: 60.5 Day Low: 58.5

In the event of AVCT share price managing to break below 58.5 (obviously, ……..

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LSE:FGP Firstgroup. Close Mid-Price: 232.2 Percentage Change: + 0.00% Day High: 232.2 Day Low: 217.8

Target met. Continued trades against FGP with a mid-price ABOVE 232.2 sho ……..

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LSE:GRG Greggs. Close Mid-Price: 2374 Percentage Change: + 0.00% Day High: 2388 Day Low: 2269

Target met. Continued trades against GRG with a mid-price ABOVE 2388 shou ……..

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LSE:IQE IQE. Close Mid-Price: 32.65 Percentage Change: + 0.00% Day High: 35.15 Day Low: 32.65

Target met. Continued weakness against IQE taking the price below 32.65 c ……..

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LSE:ITM ITM Power. Close Mid-Price: 76.85 Percentage Change: + 0.00% Day High: 79.85 Day Low: 74

Weakness on ITM Power below 74 will invariably lead to 70p and secondary, ……..

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LSE:ITRK Intertek. Close Mid-Price: 5940 Percentage Change: + 0.00% Day High: 5940 Day Low: 5925

All Intertek needs are mid-price trades ABOVE 5940 to improve acceleratio ……..

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LSE:SPX Spirax. Close Mid-Price: 7600 Percentage Change: + 0.00% Day High: 7670 Day Low: 7475

Continued trades against SPX with a mid-price ABOVE 7670 should improve t ……..

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LSE:SRP Serco. Close Mid-Price: 294 Percentage Change: + 0.00% Day High: 294 Day Low: 287.4

The next task for Serco is to get the price above 294p (not with a fake s ……..

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LSE:TSCO Tesco. Close Mid-Price: 545 Percentage Change: + 0.00% Day High: 549 Day Low: 537.4

Simply managing to get the share price above 549p is the next hurdle for ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Happy days for Natwest Group Plc (LSE:NWG), around 579.6p presently?

The nice thing about being a family business is usually the ability to have someone take over at the drop of a hat. However, we’ve a problem in the coming week and shall not be updating on Tuesday and Wednesday.  A family member (who never had a days illness is his life) has being given an unpleasant and short prognosis, so we’re all heading 300 miles North to see him, for a get together for the four of us. Having never even heard of Motor Neuron Disease until a recent Coronation St storyline, it’s a real shock to have the fittest, healthiest, cleanest living, one of our siblings hit with such a nasty diagnosis.

We utterly hate being put in the situation of describing a Retail Bank share movements as “interesting”. It’s like trying to place the word Politician in the same sentence as words like Integrity or Honesty, an unlikely circumstance! But Natwest share price is becoming interesting, unfortunately for some of the wrong reasons.

When we reviewed Natwest three weeks ago, we proposed a drop target of 577p and obviously, the share price has managed to settle around such a level. It broke below our target during Friday, hitting 575p then managed to close the day at 579p. Our drop target level, exactly between the two price levels, must at least permit us awarding ourselves a “smarty pants” award.

A Negative Natwest View

Due to the share breaking below our drop target intraday, there is obviously the risk of further softening of the price. The situation now has a suggestion below 575p risks triggering further reversal down to an initial 561p. In the event such a price level breaks, our longer term secondary – and hopefully a proper trampoline level – calculates down at 512p. The visuals associated with such reversal bring optimism, the secondary 512p target level meeting the Red uptrend since 2023. In addition, there is the coincidence of matching the Green lows of 2026 and 2025 and allowing folk to embrace the notion of “an important price level” which, in itself, is usually capable of provoking buying pressure.

A Positive Natwest View

There’s a relatively unlikely risk current reversals shall prove short lived but, when we judge by the feel of the wider markets internationally, above 594p should prove to be the first signal the drop has been fake. In such an event, this has the potential of triggering movement to an initial 630p with our longer term secondary, if beaten, at 660p and the need to revisit our calculations.

And in Summary?

At present, Natwest is being served up as an obvious drop target and we hate being spoon fed such a scenario. The market can be guilty of taking advantage of this sort of situation, the near 9% drop on Friday feeling a bit contrived to inspire some panic. As a result, we shall not be aghast to see the share price head upward, if only due to the comedy of watching regret from those who ditched shares once Friday’s initial drop kicked in.

Watching for the share price exceed our 594p anytime soon may prove to be a surprise and in the event of the share discovering an excuse to Close above Blue on the chart below, presently 670p, it shall be difficult for the market to restrain some quite strong future potentials.

Better still, we had a good weekend, brilliant sunshine, 5c temperature,  and a Mexican Grand Prix which proved truly entertaining, a proper race. Hopefully Brazil next weekend will prove just as much fun.

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
12:33:39AM BRENT 11177.7 10854 10683 10456 11040 11240 11376 11550 11149
12:44:51AM GOLD 3874.02
1:04:30AM FTSE 10719.8
1:12:52AM STOX50 6117.8
1:17:05AM GERMANY 25774.9
1:20:29AM US500 7583.3 7525 7508 7396 7621 7786 7829 7902 7707
1:23:42AM DOW 51788.4
1:26:32AM NASDAQ 28406.9
1:29:34AM JAPAN 62327

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:BT.A British Telecom** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:SAGA SAGA Plc** **

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Updated charts published on : British Telecom, ITM Power, Natwest, SAGA Plc,

LSE:BT.A British Telecom. Close Mid-Price: 227.3 Percentage Change: + 0.00% Day High: 229 Day Low: 221.5

Target met. In the event of British Telecom enjoying further trades beyon ……..

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LSE:ITM ITM Power. Close Mid-Price: 75.15 Percentage Change: + 0.00% Day High: 80.8 Day Low: 75.15

Target met. If ITM Power intends to relax, the price needs to get below 7 ……..

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LSE:NWG Natwest. Close Mid-Price: 579.6 Percentage Change: + 0.00% Day High: 630.6 Day Low: 575.6

Managing to get the share price BELOW 575.6 is the next problem level for ……..

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LSE:SAGA SAGA Plc. Close Mid-Price: 875 Percentage Change: + 0.00% Day High: 916 Day Low: 875

In the event of SAGA share price managing to exceed 916 (please, not an i ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AAL Anglo American** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:OCDO Ocado Plc** **LSE:ONT Oxford Nanopore Tech** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QED Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TLW Tullow** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!