Trends And Targets

A funny story related to Vodafone can be read as Vodafone 8:Volvo 0. Back in the 1980’s and able to fall for my family’s child labour tricks, being allocated a Volvo 264 Estate car, along with the first type of mobile phone, ensured I was ready at any time to offload a tanker of fuel, rush to a cash and carry for petrol station stocks (in the 1980’s, we were still finding out what would sell), or drive to any airport to pick up family members who flew everywhere.

But I’d the magical something none of the rest of them had, a telephone in my Volvo. Of course, being an utter idiot, the penny hadn’t dropped that I was on call 24 hours a day, the car phone backed up with a pager. But the car phone was great, you lifted the handset, pressed a green button, and a wonderful operator would connect with wherever I wanted. As mentioned earlier, the penny had not dropped. Everyone phoned me. The Volvo estate, an automatic of course, had this massive telephone system fitted between the front seats, a serious looking pair of antenna fitted at the rear of the machine.

This Racal/Vodafone system devoured the Volvo. After a year, the drivers door literally rusted through and the rest of the cars body was similarly eviscerated with rust. It was, quite literally, too dangerous to put the vehicle through one of our petrol station car washes. Eventually, an electrician provided the answer, due to the telephone system, the vehicle should have been fitted with sacrificial anodes to corrode, rather than the car body. Me, still a moron, didn’t care as my next car was an Audi Quattro coupe, along with a massive Motorola phone which sat quite neatly in the middle of the Audi.

Needless to say, a fascination with mobile communications was to continue until around 15 years ago, the penny finally dropping. Mobile phones had been invented to screw up my life and I wasn’t happy being available 24 hours a day. Wife and daughter were initially horrified, when I’d sit down at home and turn on the Nokia, deciding which missed calls I’d respond to and which text messages needed an answer. While my current weapon is a fairly large and up to date Samsung, it is used to listen to audio books or play Sudoku. It comes off “Flight Mode” when I can be bothered and not a second before. Both wife and daughter have adopted a similar attitude to their personal phones, taking control of their own lives again. This harsh behaviour sometimes is regarded as a problem.  Sliding my phone off Flight Mode the other day revealed 5 missed calls from my brother. And not a single voice message. I called him back, he had been diagnosed with ‘Motor Neuron Disease’ (a real baddy of an illness with an 18 month sell by date) and wanted to talk. It’s questionable whether anything would have changed if the call had been answered 3 hours previously but perhaps his hysterics could have been assuaged. Needless to say, with my own Leukaemia diagnosis back in 2012, he was my first call – on his landline. Had he not answered, I would have called my wife but unfortunately, she was driving up from Manchester, so not the ideal news to convey to someone driving.

But importantly, Vodafone have now joined the space age, a letter of intent to explore a joint bid for Direct to Device satellite services. Hopefully this sort of initiative comes to fruition as we’d finally leave the local frustration here in Argyll. where we can see the 5G mast on the crest of a hill but only receive a signal when outdoors. And even then, it can be dodgy as there’s a blank 200 yards of coverage when walking the local salmon river. While I’m not the only dog walker who values this sanctuary from mobile phones, it’s still a bit weird as the 5G mast is visible, despite the phone giving its familiar “No Signal” message on the home screen.

As an aside, there’s been three blokes doing proper fly-fishing for salmon for over a week and on Monday, one of their number caught one. And chose to release it as he preferred rainbow trout! His body shall doubtless be discovered in the days ahead as the other two guys were not happy, denied the “proof” photograph which would have justified their holiday in hell (aka Argyll).. My consolation of there being no photographic evidence of me and my hand caught 10 pound salmon didn’t help, other than to inform them they were fishing the wrong river and should be almost 300 miles further north.

Has Vodafone done anything exciting from the markets perspective?

Maybe, is the useless answer.

Their share price has broken through the Blue downtrend, crucially not closing a session below 112p. This is a fairly big deal, confirming the Volvo killers share price remains in a zone where some proper future acceleration has become logical.

Currently, above 126p calculates with the potential of triggering gains to an initial 132p with our secondary, if bettered, at 140p. We may also cough politely, mentioning a future 200p is exerting a greater attraction than that Ecuadorian Priest who was killed by a falling cross during a Live Broadcast.. Perhaps other religious folk shall avoid pontificating on “spontaneity of death” in future, the theme of the blokes sermon! In fairness, it was a really big cross.

But if Vodafone closes a session below 112p, do they face a religious symbol dropping on their share price?

We are not entirely sure, due to the price behaviour since breaking the Blue downtrend. Apparently, below 115p should trigger reversal oan initial 108p with our secondary, if broken, working out at 100p and ideally, a Puka bounce.

For now, we think Vodafone is mucking around but we suspect it intends head upward.

We exist in interesting times. Thankfully without that rusty Volvo 265 estate.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:51:52PM	BRENT	10682.2	10515	10340	10165	10663	10865	10928	11078	10702
10:59:53PM	GOLD	4139.84
11:02:48PM	FTSE	10717.5									Success
10:05:42PM	STOX50	6105.6
10:16:19PM	GERMANY	25213.5	25170	24970	24728	25303	25372	25424	25509	25277	Success
10:18:59PM	US500	7700.1
10:25:03PM	DOW	52029.6
10:31:39PM	NASDAQ	29573.8
10:37:21PM	JAPAN	64828

 

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…

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BLOE Block Energy PLC** **LSE:BP. BP PLC** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:OCDO Ocado Plc** **LSE:TSCO Tesco** **

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Updated charts published on : Barclays, Block Energy PLC, BP PLC, Firstgroup, Gulf Keystone, Greggs, British Airways, ITM Power, Ocado Plc, Tesco,

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LSE:BARC Barclays. Close Mid-Price: 417.5 Percentage Change: + 0.00% Day High: 426.6 Day Low: 415.75

If the share price of Barclays manages to move BELOW 415.75, initial DOWN ……..

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LSE:BLOE Block Energy PLC. Close Mid-Price: 0.75 Percentage Change: + 0.00% Day High: 0.8 Day Low: 0.725

Managing to get the share price BELOW 0.725 is the next problem level for ……..

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LSE:BP. BP PLC. Close Mid-Price: 616.4 Percentage Change: + 0.00% Day High: 622.7 Day Low: 612.5

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LSE:FGP Firstgroup. Close Mid-Price: 203.8 Percentage Change: + 0.00% Day High: 204 Day Low: 200.8

The next task for Firstgroup is to get the price above 204 (not with a fa ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 225 Percentage Change: + 0.00% Day High: 226 Day Low: 212

Simply managing to get the share price above 226 is the next hurdle for G ……..

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LSE:GRG Greggs. Close Mid-Price: 2346 Percentage Change: + 0.00% Day High: 2348 Day Low: 2267

Further movement against Greggs ABOVE 2348 should improve acceleration to ……..

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LSE:IAG British Airways. Close Mid-Price: 412.2 Percentage Change: + 0.00% Day High: 412.2 Day Low: 404.5

If the share price of British Airways manages to move BELOW 404.5, initi ……..

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LSE:ITM ITM Power. Close Mid-Price: 85.8 Percentage Change: + 0.00% Day High: 100 Day Low: 85.8

Continued weakness against ITM taking the price below 85.8 calculates as ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 317.2 Percentage Change: + 0.00% Day High: 317.6 Day Low: 293.2

Further movement against Ocado Plc ABOVE 317.6 should improve acceleratio ……..

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LSE:TSCO Tesco. Close Mid-Price: 539 Percentage Change: + 0.00% Day High: 539.4 Day Low: 533.4

If the price of Tesco manages to move ABOVE 539.4, initial UP target beco ……..

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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:BBY BALFOUR BEATTY** **LSE:BME B & M** **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:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **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: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!

Sometimes, things are not entirely what they seem at first glance. This evenings photograph of the moon was a case in point, a silly little half moon was vanishing behind a hill, leaving a nice reflection on the sea below but otherwise wasn’t particularly interesting.  But on the spur of the moment, I pressed the zoom function, stopping when the moon just fitted into the viewfinder and pressed the button. It was only when viewing the image on a proper computer screen did it become (by my dismal standards) a quite nice shot, the original has become a desktop background already. The moral of the tale, sometimes things can be better than they seem and hopefully, our scribbles about Lloyds also prove this shall be the case.

We’ve currently applied two main trends to Lloyds and of course, it’s becoming difficult to ascertain which one shall prove “real”. The confusion of Lloyds share price movements in relation to both the Blue and Red lines tends confirm the market is also paying attention to history. If we deal with Red first, the share broke Red at the start of October, recovered a bit then broke downward a week later. But this second break down included a Gap Down, then a Gap Up. This is something we’d generally take as priming for a bounce and in the case of Lloyds, the share price indeed bounced and conformed rather exactly with our “GaGa” calculations. Or in plain English, it went up by the correct amount when we judge the tiny little manipulation gaps (circled), the 4p bounce insignificant but proving the market was playing by the rules. We already felt this would be the case, the reversal to 100p on October 8th neatly in line with our previous prediction in September. It certainly appears RED may be the important trend for us to watch.

However, there’s also the inconvenient Blue downtrend, an 18 year old piece of stupidity which should be ignored. But again, unfortunately the market also seems to be paying attention to this trend, the share price closing at 105.85p last week and returning itself above the silly long term downtrend. We do concede it’s not often when the market is gifted two trend lines crossing, along with a perfect situation in which to muddy the waters. Our inclination is two take Blue slightly more seriously than Red.

In the event our Blue scenario intends pan out, above 107p should now trigger a rise to an initial 112p with our longer term secondary, if bettered, calculating at 119p. These ambitions should prove pretty important, actually justifying the word “breakout” in the even Lloyds manages to close above the previous closing price high of 117p. The Big Picture allocates a future attraction coming from 152p in such a game plan.

Of course, Red may hold all the losing numbers, especially as our 100p drop target was exceeded by 0.3p for a couple of seconds. This bothers us slightly as now, below 100p threatens to promote reversal down to an initial 95.5 with our secondary, if broken, a potential trampoline level at 91.3p

Interesting times.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
12:41:57AM	BRENT	10778.4	10308	10119	9888	10445	10813	11209	11820	10369
11:35:27PM	GOLD	4164.5
11:37:42PM	FTSE	10862.6
11:40:07PM	STOX50	6179.6
11:05:19PM	GERMANY	25567.7	25402	25305	25176	25548	25692	25788	26122	25472
11:07:56PM	US500	7699.3
11:43:34PM	DOW	52110
11:45:44PM	NASDAQ	29458.4
11:48:59PM	JAPAN	64229

 

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…

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

Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BT.A British Telecom** **LSE:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:NG. National Glib** **

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Updated charts published on : Block Energy PLC, B & M, British Telecom, Gulf Keystone, Greggs, National Glib,

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LSE:BLOE Block Energy PLC. Close Mid-Price: 0.75 Percentage Change: + 0.00% Day High: 0.798 Day Low: 0.75

Continued weakness against BLOE taking the price below 0.75 calculates as ……..

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LSE:BME B & M. Close Mid-Price: 286.2 Percentage Change: + 0.00% Day High: 287 Day Low: 278

Simply managing to get the share price above 287 is the next hurdle for B ……..

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LSE:BT.A British Telecom. Close Mid-Price: 209.7 Percentage Change: + 0.00% Day High: 209.9 Day Low: 205.3

The next task for British Telecom is to get the price above 209.9 (not wi ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 217.5 Percentage Change: + 0.00% Day High: 222 Day Low: 210

Target met. Continued trades against GKP with a mid-price ABOVE 222 shoul ……..

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LSE:GRG Greggs. Close Mid-Price: 2290 Percentage Change: + 0.00% Day High: 2290 Day Low: 2232

If the price of Greggs manages to move ABOVE 2290, initial UP target beco ……..

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LSE:NG. National Glib. Close Mid-Price: 1217.5 Percentage Change: + 0.00% Day High: 1217.5 Day Low: 1185

Further movement against National Glib ABOVE 1217.5 should improve accele ……..

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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: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:GLEN Glencore Xstra** **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: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!

There’s a reasonable chance this may be one of our reports worth printing for future reference! Meanwhile, a ‘ funny’ story from this week could be titled “failed attempt at asphyxiation”. As we’re approaching the festive season, the idea of making my own Port seemed attractive, the process fairly straightforward as all the tools were already available. The first part of the process was only slightly ambitious, using some red grape concentrate, 6kg sugar, 21 litres water, and the juice of all the blackberries picked in an afternoon from the garden. And also, a secret weapon called Turbo Yeast, a product which provokes aggressive fermentation for 48 hours before the process is stopped by dumping a bottle of brandy into the mix. Then, it’s all a matter of patience for a few months, along with some filtration and messing around with temperatures.

Unfortunately, it was the very first step where things fell apart. The temperature up here in Argyll has dropped, so rather than allowing the fermentation process to start in a freezing shed, it was decided to place the fermentation chamber in the office. Things kicked off with the 21 litre mix at 39.8c before adding the Turbo Yeast and within a couple of hours, it sounded by a witches caldron was boiling away on the shelf, satisfying bubbling noises filling the office, almost drowning out the noise of Beyonce’s album ‘Lemonade’ which was being given a last chance, again.  It was just 7c outside with the wind blowing straight from the north pole, so three of my office doors were tightly shut and the heating was on at a low setting. This was all around midnight, so waking on my office chair at 6.30am was a surprise, especially with a nasty headache drilling a hole in my temples. Opening the door through to the kitchen for some cola, within a few seconds everything seemed clearer, suddenly wide awake, and the headache unfortunately still vile. Long story short, it was CO2 poisoning, the Carbon Dioxide from the express fermentation having absolutely nowhere to go, my small airtight office filling up with expelled gas as the yeast munched down on 6kg of sugar…

My wife was not amused and to be honest, me neither. Generally, every time I do something stupid, there’s always a funny side but this one was scary. No bangs, no flames, nothing destroyed, no drama  Waking in a sitting position, arms hanging vertically, is about as far from a natural feeling as it gets, an aspect of my wine making hobby which had been completely ignored. Now the garden shed has a low power greenhouse heater on duty, during any future attempts at ambitious wine making! The house is off limits.

This incompetent effort to beat the absurd cost of hospitality by producing a tipple which should prove popular over the festive season, reminded that night-time hours may be more properly spent not gassing myself but instead focussing on numbers. Thankfully, this looks very like a more sane route to success when the attitude is applied to the FTSE. Despite world events and UK politics, the FTSE feels poised for a period of some gains. Hopefully politicians and the BoE play along.

Folk with a normal memory for numbers will recall our fascination with 10,908 points for the FTSE, along with a demand the market actually closes a session above such a point to suggest investing in party poppers may be a good idea. It appears the first steps on such a path may have been taken. Near term, it looks like FTSE movement exceeding 10,869 points shall prove worthwhile, calculating with the potential of a market lift to 10,943 points. Obviously this should be a useful haul of points, especially as a Stop Loss could be positioned at 10,800 points, an almost perfect Risk/Reward situation.

However, our longer term secondary beyond 10,943 calculates at 11,059 points and achieving such should permit the FTSE to actually close above our critical 10.908 point trigger level. This takes us to the reason we’d recommend printing this as the Big Picture now works out a longer term future destination of 11,299 points as a pretty confident ambition. We don’t often suggest such impressive market gains for the FTSE as possible but in this instance, a 430 points haul presents itself as probable.

But only if the cards all play the way they should… We’re laying out some strong potentials and it’s definitely not under the effects of being gassed 4 days ago. We’re simply applying our usual logic used against shares, believing the FTSE shall adhere to our usual rules. But it will still be worth crossing fingers as none of the foregoing is going to happen within a couple of days. In fact, if we muck around with our (usually wrong) timing calculations, it could be around November 26th before this scenario comes to fruition.

Our alternate scenario, questioning what happens if the FTSE wanders below 10,800, suggests the potential of an initial visit to 10,740 with our secondary, if broken, at 10,710. This would effectively emplace the FTSE in a position of having to do it all again, along with fouling up our upward calculations.

Have a good weekend, hopefully warmer than here in Argyll where we shall not be surprised to see the first dusting of snow above 2,000 feet anytime soon. At least, we should have plenty of Port to bring warmth in the months ahead.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:03:09PM	BRENT	10400.6									Success
10:06:29PM	GOLD	4170.17
10:10:05PM	FTSE	10819.1	10677	10603	10514	10733	10870	10893	11068	10816	Success
10:13:55PM	STOX50	6184									‘cess
10:16:19PM	GERMANY	25465.2									‘cess
10:19:22PM	US500	7738.7
10:23:39PM	DOW	52183.6									‘cess
10:27:02PM	JAPAN	65414	65250	62745	59840	66318	65705	66105	66796	65511

 

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…

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

Click Epic to jump to share: LSE:BME B & M** **LSE:BP. BP PLC** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:OCDO Ocado Plc** **LSE:TSCO Tesco** **

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Updated charts published on : B & M, BP PLC, EasyJet, Firstgroup, Gulf Keystone, Greggs, IQE, ITM Power, National Glib, Ocado Plc, Tesco,

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LSE:BME B & M. Close Mid-Price: 279.6 Percentage Change: + 0.00% Day High: 284.2 Day Low: 273.8

Target met. The next task for B & M is to get the price above 284.2 (not ……..

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LSE:BP. BP PLC. Close Mid-Price: 610.5 Percentage Change: + 0.00% Day High: 616.7 Day Low: 609.7

Simply managing to get the share price above 616.7 is the next hurdle for ……..

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LSE:EZJ EasyJet. Close Mid-Price: 683.4 Percentage Change: + 0.00% Day High: 685 Day Low: 681.4

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LSE:FGP Firstgroup. Close Mid-Price: 202.4 Percentage Change: + 0.00% Day High: 202.8 Day Low: 190

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LSE:GKP Gulf Keystone. Close Mid-Price: 208.5 Percentage Change: + 0.00% Day High: 215 Day Low: 198.8

Target met. Further movement against Gulf Keystone ABOVE 215 should impro ……..

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LSE:GRG Greggs. Close Mid-Price: 2262 Percentage Change: + 0.00% Day High: 2276 Day Low: 2188

All Greggs needs are mid-price trades ABOVE 2276 to improve acceleration ……..

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LSE:IQE IQE. Close Mid-Price: 39.35 Percentage Change: + 0.00% Day High: 42.45 Day Low: 37.5

In the event IQE experiences weakness below 37.5 it calculates with a dro ……..

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LSE:ITM ITM Power. Close Mid-Price: 90 Percentage Change: + 0.00% Day High: 94.5 Day Low: 88.1

Weakness on ITM Power below 88.1 will invariably lead to 81p with seconda ……..

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LSE:NG. National Glib. Close Mid-Price: 1193.5 Percentage Change: + 0.00% Day High: 1209.5 Day Low: 1190

The next task for National Glib is to get the price above 1209.5 (not wit ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 300 Percentage Change: + 0.00% Day High: 316.4 Day Low: 300

Target met. Simply managing to get the share price above 316.4 is the nex ……..

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LSE:TSCO Tesco. Close Mid-Price: 534.6 Percentage Change: + 0.00% Day High: 535.4 Day Low: 526.2

Target met. Continued trades against TSCO with a mid-price ABOVE 535.4 sh ……..

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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: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:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MRO Melrose** **LSE:NWG Natwest** **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!

The English Supermarket Company (Tesco) appears poised to do rather well. There’s obviously an expectation the company shall continue its current price gouging to maximise profits, while hiding behind the theory that prices must go up because of Ukraine, Iran, Interest Rates,  Fuel Costs and possibly the threat poised by the Isle of Lundy. As can be suspected, we’re more than a little cynical about spiralling costs, due to the reasoning being often self serving and generally quite hollow. It will be interesting, when the current UK Government founders, viewing the future job prospects for many government Ministers. It’s unlikely they shall find themselves in the Oil industry. Perhaps Banking and almost certainly Retail Food shall find themselves discovering new job titles for ex-government folks.

At present, what really aggravates is the UK Government empty rhetoric on Fuel Prices, especially as around 50% of every litre cost goes directly to the treasury. But in abject foolishness, the government refuses to soften the price of fuel, ‘lest they dilute their take. This attitude fails to acknowledge folk are buying less, due to cost and as a result, the government should really be playing a little game. For instance, what if they reduced fuel prices by 15%. Would fuel sales increase by 16% from current? It’s not a difficult concept but unfortunately, one which escapes the folk at the trough who still wonder where all the tobacco income vanished?

Tesco share price looks especially happy at the current economic regime, climbing fairly solidly in recent days and now displaying “higher highs” and giving a vibe things shall continue upward.

To cancel out our optimistic outlook for Tesco Plc, the share price needs close a session below 500. This establishes a fairly simple Stop Loss level. Otherwise, above 528p currently looks capable opf triggering a further recovery cycle to an initial 575p with our longer term secondary, if beaten, at a future 614p. It’s fascinating to note this secondary target also matches the highs achieved back in 2007, thus creating a scenario where considerable hesitation should be anticipated. But only if 614p makes an appearance.

Our alternate current scenario, should things intend become as devoid as a Tesco ‘Free From’ section, a share price below 476p risks triggering reversals to an initial 412p. Our longer term secondary, if such a level breaks, works out at a future 383p and hopefully a bounce.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:43:51PM	BRENT	10419.8
10:52:35PM	GOLD	4107.19									Success
11:01:50PM	FTSE	10690.1
11:07:29PM	STOX50	6155.7	6148	6133	6105	6172	6204	6217	6240	6174
11:28:45PM	GERMANY	25205.2	25190	25128	25018	25282	25368	25445	25530	25311
11:46:52PM	US500	7706.1									Success
11:17:36PM	DOW	51630.1
11:38:44PM	NASDAQ	29718									Success

 

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…

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

Click Epic to jump to share: LSE:BME B & M** **LSE:BP. BP PLC** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:ITRK Intertek** **LSE:SAGA SAGA Plc** **LSE:TSCO Tesco** **

********

Updated charts published on : B & M, BP PLC, Firstgroup, Greggs, Intertek, SAGA Plc, Tesco,

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LSE:BME B & M. Close Mid-Price: 276.8 Percentage Change: + 0.00% Day High: 277.2 Day Low: 270.6

If the price of B & M manages to move ABOVE 277.2, initial UP target beco ……..

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LSE:BP. BP PLC. Close Mid-Price: 614.2 Percentage Change: + 0.00% Day High: 615.3 Day Low: 605.8

Continued trades against BP. with a mid-price ABOVE 615.3 should improve ……..

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LSE:FGP Firstgroup. Close Mid-Price: 197.3 Percentage Change: + 0.00% Day High: 198.1 Day Low: 193.6

Further movement against Firstgroup ABOVE 198.1 should improve accelerati ……..

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LSE:GRG Greggs. Close Mid-Price: 2198 Percentage Change: + 0.00% Day High: 2212 Day Low: 2150

Target met. In the event of Greggs enjoying further trades beyond 2212, t ……..

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LSE:ITRK Intertek. Close Mid-Price: 5915 Percentage Change: + 0.00% Day High: 5920 Day Low: 5905

Continued trades against ITRK with a mid-price ABOVE 5920 should improve ……..

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LSE:SAGA SAGA Plc. Close Mid-Price: 783 Percentage Change: + 0.00% Day High: 800 Day Low: 774

Further movement against SAGA Plc ABOVE 800 should improve acceleration t ……..

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LSE:TSCO Tesco. Close Mid-Price: 526.4 Percentage Change: + 0.00% Day High: 527.8 Day Low: 516.4

Target met. All Tesco needs are mid-price trades ABOVE 527.8 to improve a ……..

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

Being the largest supplier of pre-packed sandwiches is an odd claim to fame. It’s a field about which we know more than wanted, thanks to owning a bunch of petrol stations in a previous life. In the 1990’s, sandwiches had become a staple in our petrol stations and reliable suppliers were an unknown concept. Product quality was often questionable, our staff asked to open and sample a random sandwich before selling any. This policy led to the sharp exclusion of several suppliers, stale bread and salad which was less than fresh being contract cancelation offenses.

Eventually, a chum who’d previously been a motor manufacturers Scottish manager, somehow decided to change career. After renting an industrial unit, buying all sorts of refrigeration equipment, and some fancy packaging machines, it was clear he was serious about the concept. By the point we sold our petrol stations, he was still providing reliable daily deliveries with his empire expanded across the Glasgow – Edinburgh belt. He had even head hunted two of our staff as managers which was great. It’s funny, nowadays it would probably be an easier business to enter, due to “improvements” in bread technology as the stuff sometimes seems to take an age to go off. This is good news for our family of 5 Ravens, each of which loves our supply of 50p “out of date petrol station bread” loaves. It has been amusing to notice a couple of Robins have started to watch for bread, each doing frantic emergency pecks before a raven appears.

In addition to their skill in making a sandwich, Greencore supply quite a lot of other ‘food to go’ products, along with chilled meals, pizzas, and even quiches. It’s safe to say the writer does not form any part of their target market, thanks to Coeliac disease, and egg allergy, T2 diabetes, and a Shellfish allergy. About the only thing they offer is packaging to play with! (Victoria Wood did a comedy sketch on this subject, blissfully unaware someone in Scotland actually met all the criteria.)

Greencore share price has entered what looks like a happy cycle for the future. It has broken through the immediate 2026 downtrend, it has executed an official Higher High, and now looks poised for movement above 280p to trigger a visit to an initial 297p and a challenge against the downtrend since 2016. Our secondary, should such a level be exceeded, calculates at a longer term 310p. Overall, such a situation would imply a distant Big Picture target of 448p may be exerting a distant attraction.

Should things intend go wrong, an unusual scenario in the face of positive signals, below 263p risks triggering reversal to an initial 243p with our secondary, if broken, at an eventual bottom of 233p. Visually, this sort of thing is unlikely but, of course, this is the UK stock market, always waiting to stab investors in the back!

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:59:01PM	BRENT	10480.8									‘cess
10:00:53PM	GOLD	4159.4									Success
10:03:15PM	FTSE	10649.3	10629	10576	10513	10664	10765	10783	10922	10702	‘cess
10:06:41PM	STOX50	6180.8									‘cess
10:12:44PM	GERMANY	25299									‘cess
10:15:36PM	US500	7808.1	7786	7777	7756	7807	7815	7828	7842	7797	‘cess
10:19:06PM	DOW	51671.1									Success
10:23:54PM	NASDAQ	30560.6
10:26:55PM	JAPAN	67936

 

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

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

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

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

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

---

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

Click Epic to jump to share: LSE:BME B & M** **LSE:BP. BP PLC** **LSE:ITRK Intertek** **LSE:QED Quadrise** **LSE:SAGA SAGA Plc** **LSE:TSCO Tesco** **

********

Updated charts published on : B & M, BP PLC, Intertek, Quadrise, SAGA Plc, Tesco,

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LSE:BME B & M. Close Mid-Price: 274 Percentage Change: + 0.00% Day High: 276.4 Day Low: 271.4

Target met. Continued trades against BME with a mid-price ABOVE 276.4 sho ……..

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LSE:BP. BP PLC. Close Mid-Price: 610 Percentage Change: + 0.00% Day High: 610 Day Low: 592.9

Target met. Further movement against BP PLC ABOVE 610 should improve acce ……..

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LSE:ITRK Intertek. Close Mid-Price: 5905 Percentage Change: + 0.00% Day High: 5905 Day Low: 5890

In the event of ITRK share price managing to exceed 5905 (please, not an ……..

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LSE:QED Quadrise. Close Mid-Price: 0.97 Percentage Change: + 0.00% Day High: 0.966 Day Low: 0.85

If Quadrise intends to relax, the price needs to get below 0.85 (but igno ……..

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LSE:SAGA SAGA Plc. Close Mid-Price: 786 Percentage Change: + 0.00% Day High: 798 Day Low: 745

All SAGA Plc needs are mid-price trades ABOVE 798 to improve acceleration ……..

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LSE:TSCO Tesco. Close Mid-Price: 517 Percentage Change: + 0.00% Day High: 518.4 Day Low: 506.8

Simply managing to get the share price above 518.4 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:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy 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: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: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: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: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!

There are odd occasions when this writer fully embraces the opportunity to look weird. It’s not a weird character trait but instead, common sense. On Monday, it was raining and the little red tractor was scheduled for repair, due to “some idiot” damaging the steering arm. Following years of nagging, before tackling a job which involves lying down in mud, I’m supposed to identify and wear some old clothes. However, one alternative sometimes is chosen, digging out an old RAF Flight Suit. The thing is perfect for outdoors work and more importantly, when “they” were inventing pockets, a 40 year old flight suit was the experimental product. There’s literally a pocket for everything and better still, with heavy boots it looks quite cool.

So, battling with the tractor also needed a wide brimmed hat, due to it also chucking it down with rain. It didn’t take long for a mental “stuff this” attitude to prevail, giving an excuse to flee the garden and head to the local supermarket in the local town. Our local Morrisons, a store which strives to single handedly drive inflation figures upward, is also a reasonable haunt when hunting sugar for wine fermentation. Morrisons sell the product in 5kg bags, ideal for making wine. When in the store, lazily leaning on my trolley, there was the odd feeling of being noticed. I was confident it wasn’t my old flight suit as lots of “worky” types wear overalls. The penny eventually dropped, I was still wearing my wide brimmed hat, there being an unspoken law here in Argyll about wearing hats in-doors. Outside in the rain, someone could wear a spiked German helmet from WW1 and none would bat an eyelid. Just do not wear it inside or the ‘hat police’ will cast judgement. Country living carries its own set of parameters.

 And this, obviously, brings us to Man Group Plc, describing themselves as ‘ a global leader in alternative investment management’ . The are accused of being the worlds largest publicly traded Hedge Fund company! They also have a fascinating factoid, supplying the Royal Navy with daily Rum for sailors from 1784 until 1970, a pretty impressive trading record. Of course, in this time, they also became pretty savvy on things like the sugar, rum, coffee, and cocoa markets They had a heck of a groundwork got their current position as a Hedge Fund.

According to our software, along with some numbers written on the back of a ciggy packet, Man Group Plc don’t need do much to become interesting in the near term. If we judge by the emails received, this should be worthy of attention in the near term.

Presently trading around the 340p level, Man Group “only” need exceed 347.5p to hopefully trigger a cycle upward to an initial 367p with our longer term secondary, if exceeded, calculating around a future 370p. All things considered, apparently a future and distant 406p exerts some sort of attraction, something similar to the current UK Government and their fascination with Lemming culture.

As always, we can propose a converse scenario, one which in the instance is less likely. Below 308p claims a visit to an initial 277 shall be possible with our secondary, if broken, working out at 257p and a bounce.

For now, we feel Man Group shall justify a share price rise.

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:41:20PM	BRENT	10455.8
10:45:35PM	GOLD	4170.65	4163	4154	4133	4176	4179	4187	4198	4163
10:49:04PM	FTSE	10642.8	10580	10541	10495	10620	10680	10703	10815	10615	‘cess
10:57:05PM	STOX50	6185.8
10:59:49PM	GERMANY	25248.4									‘cess
11:02:06PM	US500	7807.9
11:12:10PM	DOW	51876									‘cess
11:15:21PM	NASDAQ	30670.1									‘cess
11:17:51PM	JAPAN	68237

 

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

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

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

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

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

---

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

Click Epic to jump to share: LSE:BME B & M** **LSE:BP. BP PLC** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : B & M, BP PLC, Scancell, Speedyhire, Scottish Mortgage Investment Trust, Taylor Wimpey,

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LSE:BME B & M. Close Mid-Price: 271.4 Percentage Change: + 0.00% Day High: 271.4 Day Low: 261.6

In the event of B & M enjoying further trades beyond 271.4, the share sho ……..

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LSE:BP. BP PLC. Close Mid-Price: 588 Percentage Change: + 0.00% Day High: 593.2 Day Low: 578.6

All BP PLC needs are mid-price trades ABOVE 593.2 to improve acceleration ……..

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LSE:SCLP Scancell. Close Mid-Price: 9.35 Percentage Change: + 0.00% Day High: 9.37 Day Low: 9.29

In the event Scancell experiences weakness below 9.29 it calculates with ……..

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LSE:SDY Speedyhire. Close Mid-Price: 13.72 Percentage Change: + 0.00% Day High: 13.76 Day Low: 13.52

Target met. In the event Speedyhire experiences weakness below 13.52 it c ……..

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LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 1641.5 Percentage Change: + 0.00% Day High: 1652 Day Low: 1634.5

Further movement against Scottish Mortgage Investment Trust ABOVE 1652 sh ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 73.46 Percentage Change: + 0.00% Day High: 74.94 Day Low: 72.18

Weakness on Taylor Wimpey below 72.18 will invariably lead to 71p with, o ……..

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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: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: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: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:SFOR S4 Capital** **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: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!

With another Formula1 weekend over, the inevitable scores were Qualifying 10 – Race 2. It rained on Saturday during qualifying, making the session genuinely entertaining whereas the race itself was a bit boring. This was especially true, the wizards directing the camera’s deciding viewers would be more interested in the lead cars procession, rather than any of the actual sport taking place in the midfield. However, it still didn’t come close to the day when a Race Director decided the entire audience wanted to watch Michael Schumacher leading the Austrian Grand Prix for around 20 laps.  It may have been more but a sound sleep ensured the race end was missed…

We distrust the current reversal cycle, given it was kicked off by a nasty piece of market manipulation (gap) on October 1st. The share price was moved downward at the market open from 688p to 679p. This broke the immediate uptrend (circled) and effectively forced the current unpleasantness. Visually there is certainly hope for a rebound at the current price level, given the prior visit to 640 in July this year.

Natwest hasn’t entirely forgotten it’s in a race for growth but the share price is currently showing some signs of reticence. From a Big Picture perspective, it seems weakness now below 633p risks triggering reversal to an initial 613p with our secondary, if broken, at 577p (hopefully a solid bounce before such a level).

Our alternate scenario, if things turn surprisingly positive, suggests above 655p should be worth paying attention to, capable of triggering share price recovery to an initial 700p with our secondary, if beaten, an eventual 738p. If insisting on playing safe, waiting until the share price exceeds 660p may prove to be the path of wisdom, a price exceeding the level of a prior trend break rarely sending false optimism.

More importantly, we’ve now two weeks worth of patience until the US Grand Prix, probably going to be renamed the Donald Trump Peace Prize Race or something equally ridiculous. After all, the guy has trashed the world economy, so perhaps he will have a go at crashing a race…

FUTURES

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FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
11:48:43PM	BRENT	10312.4	9494	9089	8626	9993	10564	10718	10878	9922
11:57:43PM	GOLD	4192.56
1:13:29AM	FTSE	10580
1:17:54AM	STOX50	6188.8
1:20:16AM	GERMANY	25168.9
1:28:09AM	US500	7816.9	7763	7731	7692	7805	7822	7841	7878	7788
1:34:24AM	DOW	51706.1
1:40:41AM	NASDAQ	30892.3
1:49:03AM	JAPAN	68852

 

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…

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:ECO ECO (Atlantic) O & G** **LSE:GRG Greggs** **LSE:OCDO Ocado Plc** **LSE:QED Quadrise** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Aston Martin, B & M, BP PLC, ECO (Atlantic) O & G, Greggs, Ocado Plc, Quadrise, Tesco, Taylor Wimpey,

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LSE:AML Aston Martin. Close Mid-Price: 41 Percentage Change: + 0.00% Day High: 43.96 Day Low: 37.34

If the price of Aston Martin manages to move ABOVE 43.96, initial UP targ ……..

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LSE:BME B & M. Close Mid-Price: 264.6 Percentage Change: + 0.00% Day High: 268.4 Day Low: 259.6

Target met. Further movement against B & M ABOVE 268.4 should improve acc ……..

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LSE:BP. BP PLC. Close Mid-Price: 586.3 Percentage Change: + 0.00% Day High: 587.9 Day Low: 572.7

The next task for BP PLC is to get the price above 587.9 (not with a fake ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 32.2 Percentage Change: + 0.00% Day High: 34.3 Day Low: 30.8

Target met. If ECO (Atlantic) O & G intends to relax, the price needs to ……..

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LSE:GRG Greggs. Close Mid-Price: 2108 Percentage Change: + 0.00% Day High: 2142 Day Low: 2102

Target met. Simply managing to get the share price above 2143 is the next ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 297 Percentage Change: + 0.00% Day High: 307 Day Low: 284.2

Target met. In the event of Ocado Plc enjoying further trades beyond 307, ……..

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LSE:QED Quadrise. Close Mid-Price: 0.89 Percentage Change: + 0.00% Day High: 0.944 Day Low: 0.894

Target met. If the share price of Quadrise manages to move BELOW 0.894, i ……..

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LSE:TSCO Tesco. Close Mid-Price: 503.8 Percentage Change: + 0.00% Day High: 516.2 Day Low: 501

The next task for Tesco is to get the price above 516.2 (not with a fake ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 73.44 Percentage Change: + 0.00% Day High: 75.7 Day Low: 73.36

Managing to get the share price BELOW 73.36 is the next problem level for ……..

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