Posted on

Anglo American Plc, trading around 4,203 at the time of writing.

We previously reviewed Anglo American back in 2023, when the price was “just” 1970p. In the intervening period, the price obviously achieved our upward targets and we forgot our intention of revisiting the company share value. And so, it has now more than doubled, a solid share above 40 quid and one which urgently needs an update as further positive potentials seem to be present.

We spent a while, surfing through AAL’s website, as always left in awe of the companies reach and operations. While they’ve embraced all the right buzzwords to establish their “green” credentials, it was a pleasure to notice AI – Artificial Intelligence – is missing from the blurb, perhaps an indicator of something thinking adding any mention of this would be over-seasoning an already impressive picture of success. And of course, we delved into Wikipedia as it’s usually a reasonable source of negative gossip, relating a decent number of scandals against long established companies such as Anglo American, a company born in 1917 in Jo’burg, South Africa.

It looks like above 4,240p should next provide a trigger point, one capable of promoting gains toward an initial 4,424p with our secondary, if bettered, calculating at 4,496p. However, it’s important we mention closure above 4,424p shall prove important from a Big Picture perspective, launching the share price into a zone where a future 5,055p works out as possible. This would indicate the possibility of a new All Time High waiting in the distant future.

Should things intend go wrong, the share price needs below 3,470p to risk triggering reversal to an initial 2,948p with our secondary, if broken, at a potential bottom of 2,517p.

We think this shall prove worth watching, if not intimidated by the 40 quid plus price tag!

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
8:45:26PM BRENT 8690
11:09:17PM GOLD 4660.33
11:11:35PM FTSE 10901.5 10824 10804 10770 10874 10906 10920 10952 10874 ‘cess
11:13:32PM STOX50 6465.2 6449 6436 6418 6466 6490 6508 6542 6454 ‘cess
11:15:59PM GERMANY 26279.9 Success
11:26:46PM US500 6465.1
11:31:21PM DOW 53568.5 ‘cess
11:44:56PM NASDAQ 29220.3
11:47:59PM JAPAN 65975

 

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:ASC Asos** **LSE:BME B & M** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:MRO Melrose** **LSE:ONT Oxford Nanopore Tech** **LSE:TLW Tullow** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Asos, B & M, Genel, Gulf Keystone, Glencore Xstra, Melrose, Oxford Nanopore Tech, Tullow, Zoo Digital,

LSE:ASC Asos. Close Mid-Price: 420 Percentage Change: + 0.00% Day High: 420 Day Low: 402.5

The next task for Asos is to get the price above 420 (not with a fake spi ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:BME B & M. Close Mid-Price: 246.8 Percentage Change: + 0.00% Day High: 248.2 Day Low: 241.2

Target met. Simply managing to get the share price above 248.2 is the next ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***

LSE:GENL Genel. Close Mid-Price: 69.2 Percentage Change: + 0.00% Day High: 71 Day Low: 69

Further movement against Genel ABOVE 71 should improve acceleration towar ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:GKP Gulf Keystone. Close Mid-Price: 195.2 Percentage Change: + 0.00% Day High: 204 Day Low: 185.6

Target Met. Above 204 should next connect with an initial 206 with our sec ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 602.1 Percentage Change: + 0.00% Day High: 604 Day Low: 592.1

In the event of Glencore Xstra enjoying further trades beyond 604, the sh ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:MRO Melrose. Close Mid-Price: 510.2 Percentage Change: + 0.00% Day High: 511.6 Day Low: 496.8

The next task for Melrose is to get the price above 511 (not with a fake ……..

Subscribe for more

</p

View Previous Melrose & Big Picture ***

LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 183 Percentage Change: + 0.00% Day High: 183 Day Low: 164.8

Simply managing to get the share price above 183 is the next hurdle for O ……..

Subscribe for more

</p

View Previous Oxford Nanopore Tech & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 20.65 Percentage Change: + 0.00% Day High: 21.2 Day Low: 20.15

Target met. All Tullow needs are mid-price trades ABOVE 21.2 to improve a ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

LSE:ZOO Zoo Digital. Close Mid-Price: 17.5 Percentage Change: + 0.00% Day High: 17.75 Day Low: 15.75

Target met. Continued trades against ZOO with a mid-price ABOVE 17.75 sho ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

*** 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:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **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: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:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **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:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

Posted on

Short, sharp, encouraging…. M&G Plc,  trading around 348.20 at the time of writing.

Back in the days of yore, the share listing for Prudential Assurance used to drive us crackers, due to its lack of movement. As asteroid lands in the Gulf of Mexico, it kills off the dinosaur civilisation, and Prudential share price barely moved, other than grudgingly following whatever trend the market was trying to describe. Similarly, when the current UK Prime Minister was anointed, the replacement entity for Prudential Assurance, M&G Plc have barely paid attention to the newest captain on deck. A comedian recently quipped; “Instead of replacing Captains at the tiller, why doesn’t the UK try steering in a different direction?”. While it provoked a smile, the sentiment actually makes a lot of sense, the never ending cascade of politicians adhering to policies which don’t work is getting absurd, a situation just as silly as the BoE adhering to a failed monetary policy with Interest Rate manipulation.

But returning to M&G, the share price has slavishly followed the historical pattern delineated by Prudential Assurance, a movement of a few pence providing an exciting day for their share price. Back in 2009, a chum bought some Prudential shares, opting to dump them a couple of years later as the share price had “only” doubled since the market lows. In the interest of full disclosure, he believed the financial sector as a whole would experience sharp recovery, his purchase of Lloyds and Barclays effectively trapping his funds for a long term holiday. It’s amusing to note, now he’s back “in the money”, rather than buying a new Range Rover, he’s opted to take delivery of one of the Temu (pound shop) versions of the classic Range Rover shape, a machine called a Jaecoo which is being described as extremely boring. Inevitably, he shall be in the market for a clapped out MGB or perhaps an old motorcycle anytime soon, attempting to recapture the fun of driving. He has, at least, finally managed to factor in the cost of maintenance when buying anything for prestige purposes. (A chum binned his Bentley Continental, shortly after the fright of paying for a service! Perhaps Temu shall provide a Bentley knock off.)

While M&G Plc enjoy a fairly dull share price with daily movements usually measured in single digits,  we cannot ignore the fact it achieved our historical target of 305p. exceeded it slightly and now is exploring a brave new world for the longer term. If this is indeed the case, above 360 should apparently trigger movements to an initial 383p with our secondary, if exceeded, at a future 412p and some probable hesitation.

Our alternate, hysterical scenario, suggests weakness below 340p shall trigger reversal to an initial 327p. Our longer term secondary, if broken, calculates at a future 313p.

All things considered, we are inclined to optimism.

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:50:51PM BRENT 9020.9 ‘cess
11:12:13PM GOLD 4650.14 4596 4569 4532 4658 4679 4693 4716 4644
11:15:15PM FTSE 10856.4
11:26:09PM STOX50 6455.9
11:28:41PM GERMANY 26132.2
11:49:23PM US500 7657.9 7639 7627 7604 7670 7696 7714 7739 7665 ‘cess
11:32:02PM DOW 53449 ‘cess
11:37:53PM NASDAQ 29043.3 Success
11:42:25PM JAPAN 65475 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…

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BME B & M** **LSE:GKP Gulf Keystone** **LSE:MRO Melrose** **LSE:NG. National Glib** **LSE:ONT Oxford Nanopore Tech** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Asos, B & M, Gulf Keystone, Melrose, National Glib, Oxford Nanopore Tech, Zoo Digital,

LSE:ASC Asos. Close Mid-Price: 404.5 Percentage Change: + 0.00% Day High: 405.5 Day Low: 380

If the price of Asos manages to move ABOVE 405.5, initial UP target becom ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:BME B & M. Close Mid-Price: 243.6 Percentage Change: + 0.00% Day High: 243.6 Day Low: 234.4

Target met. In the event of BME share price managing to exceed 243.6 (ple ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***

LSE:GKP Gulf Keystone. Close Mid-Price: 183.4 Percentage Change: + 0.00% Day High: 188.8 Day Low: 181.2

Simply managing to get the share price above 188.8 is the next hurdle for ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:MRO Melrose. Close Mid-Price: 462 Percentage Change: + 0.00% Day High: 471.2 Day Low: 459.4

In the event of MRO share price managing to break below 459.4 (obviously, ……..

Subscribe for more

</p

View Previous Melrose & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 1169.5 Percentage Change: + 0.00% Day High: 1174 Day Low: 1163.5

Managing to get the share price BELOW 1163.5 is the next problem level fo ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 166.7 Percentage Change: + 0.00% Day High: 179.2 Day Low: 164.8

Target met. Further movement against Oxford Nanopore Tech ABOVE 179.2 sho ……..

Subscribe for more

</p

View Previous Oxford Nanopore Tech & Big Picture ***

LSE:ZOO Zoo Digital. Close Mid-Price: 15.75 Percentage Change: + 0.00% Day High: 15.75 Day Low: 14.5

Target met. Simply managing to get the share price above 15.75p is the ne ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

*** 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:AV. Aviva** **LSE:AVCT Avacta** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **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: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:NWG Natwest** **LSE:OCDO Ocado Plc** **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** **

********

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

Posted on

Barclays Plc,  trading around 492 at the time of writing.

It turns out everything isn’t perfect with robot mowers, especially in our part of the country. The issue comes from rain and the fact we’re not supposed to let the robot go outside and play in the rain. And the other issue comes from wet grass. If the lawn was flat, there would be no real problem but with a 15 degree slope of wet grass, the robot struggles to go uphill and the chunky tyres quickly clog up. This makes Scotland a problem, where it can easily rain for 7 days at a time, leaving the ground soggy for a few days until the next rain storm comes in. During this time, grass eagerly does its thing, growing fast and now is at the point where we need to cut the grass before the robot can do its job, keeping the lawn short.

We’d just about sold our little red tractor, when the penny dropped. The robot mower will only be of any use during Scotlands theoretical May/June summer but the rest of the year will still require riding around on the tractor, every now and then.  And of course, the real gripe comes from the fact I’ve not bothered welding repairs on the cutting deck attachment for the tractor, spending Sunday cutting and shaping metal, then exhibiting my incompetence with an electric welding plant and welding rods. The salt atmosphere tends make life difficult for exposed metals, hence the “matter of fact” ownership of a welding plant and associated toys. Thankfully, there’s another toy called an angle grinder which smoothes all the sins inflicted by someone with few welding skills.

Unfortunately, an angle grinder will not cure Barclays issues, their share price continuing its adherence to “will I stay or will I go!”.  A rigid fascination with the Blue downtrend since 2007, a nineteen year old trend which shouldn’t be affecting the bank share price – but as the chart inserts show, does…

The insert showing Closing Prices is the problem one. Barclays share price has now closed – very slightly – below the trend line from 2007. Our software calculates the line is currently at 492p and it looks like the market noticed the unwanted initiative,  taking the share up to a Closing Price of 492.6p. It’s always faintly reassuring when this sort of thing happens, hinting at a desire by the market to avoid descent into chaos. Unfortunately, the situation now suggests weakness below 484.85 threatens reversal still to 453 with our secondary, if broken, at 420p. However, the little blip returning the share price above the Blue trend gives 0.6p worth of considerable hope. It may not mean much but it’s fascinating how often silly little signals like this become relevant.

If things intend perform in accordance with this “0.6p of hope”, the immediate situation suggests above 518p should make an attempt at a lift to an initial 539p with our secondary, if exceeded, at an astounding 686p.

Interesting times ahead, we think.

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
5:44:37PM BRENT 9217.6 9114 9036 8946 9182 9300 9602 10223 9122
5:50:56PM GOLD 4601.4
6:21:17PM FTSE 10809
9:57:13PM STOX50 6458.8
9:59:32PM GERMANY 26103.9
10:01:54PM US500 7670.5
10:04:20PM DOW 53253.2
10:07:09PM NASDAQ 29293.7 29184 29168 29072 29371 29492 29646 29822 29360
10:10:16PM JAPAN 65983 65585 65331 64961 65987 66473 67001 67714 66082

 

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:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:MRO Melrose** **LSE:ONT Oxford Nanopore Tech** **LSE:PMG Parkmead** **

********

Updated charts published on : Glencore Xstra, IG Group, Melrose, Oxford Nanopore Tech, Parkmead,

LSE:GKP Gulf Keystone. Close Mid-Price: 182.8 Percentage Change: + 0.00% Day High: 186.2 Day Low: 179.4

The next task for Gulf Keystone is to get the price above 186.2 (not with ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 596.8 Percentage Change: + 0.00% Day High: 601.4 Day Low: 591.3

Simply managing to get the share price above 601.4 is the next hurdle for ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:IGG IG Group. Close Mid-Price: 1334 Percentage Change: + 0.00% Day High: 1339 Day Low: 1301

If IG Group experiences continued weakness below 1301, it will invariably ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:MRO Melrose. Close Mid-Price: 470.3 Percentage Change: + 0.00% Day High: 476.7 Day Low: 469.4

If the share price of Melrose manages to move BELOW 476.7, initial DOWN t ……..

Subscribe for more

</p

View Previous Melrose & Big Picture ***

LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 170 Percentage Change: + 0.00% Day High: 170 Day Low: 157.3

Target met. If the price of Oxford Nanopore Tech manages to move ABOVE 17 ……..

Subscribe for more

</p

View Previous Oxford Nanopore Tech & Big Picture ***

LSE:PMG Parkmead. Close Mid-Price: 22.5 Percentage Change: + 0.00% Day High: 23.5 Day Low: 22.5

The next task for Parkmead is to get the price above 23.5 (not with a fak ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

*** 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: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:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **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** **

Posted on

Our super popular FTSE for FRIDAY, trading around 10,748 at the time of writing.

We often remind how important it is to zoom and review things from a Big Picture perspective. And the FTSE is now displaying one of our favourite “charty” examples, the market creating a very visible horizontal trend since 1999. What’s quite interesting from the FTSE example occurred in 2015 (circled),  the market proving the horizontal trend could be exceeded, giving (from our perspective) a pretty reliable signal things could become useful. By June of 2015, it almost felt like the index had realised what was about to happen, introducing panic reversal which didn’t last.  In early 2016, the market once again exceeded the Blue horizontal trend, achieving a higher high.

For a few years, things looked quite jolly until 2020 collided with the world, the artificial market drops introduced by Covid-19 and the incompetence of politicians everywhere. By 2022, once again the FTSE was enjoying Higher Highs and this time, the index has simply kept going.

What has surprised us – quite a lot – comes from our core Big Picture logic, a series of arguments which present 10,620 as a “maximum top”, the price level beyond which we are not supposed to be able to calculate. As the zoomed in chart extract highlights, our theoretical 10,620 looks like the calculation was probably correct, the index value spending this year bouncing around at the target level, even managing to close above it a few times. This looks significant, indicating the index is liable to continue heading upward at some point.

This is one of these things you may wish to print out an save. Should the FTSE continue adhering to our dodgy arithmetic rules established since 2015, it is now the case where movement above 10,904 points should trigger further growth to 11,171 points with our secondary, if beaten, at another “top” which now works out at 11,463 points. If this scenario triggers, the tightest stop loss level calculates at 10,800 points.

Of course, we can throw in an alternate scenario if any attempt is made to slow down the growth cycle. As a result, if the index drops below 10,670 points, it risks triggering reversal down to an initial 10,560 points with our secondary, if broken, at 10,423 points and visually, a strong potential for a bounce. Perhaps this may play out during the next couple of weeks until the grown ups return from holiday by the 2nd week of September, when things tend pick up again.

Have a good weekend. It’s the Belgian GP which can be quite fun, especially if it rains. Here in Argyll, apparently we face drought conditions as there’s a risk no rain will fall during the next 3 days…

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:33:12PM BRENT 9136.2 8899 8768 9101 9302 9602 9136 Success
10:50:31PM GOLD 4518.01 4452 4431 4492 4540 4558 4503 ‘cess
11:35:19PM FTSE 10736.3 10682 10669 10724 10768 10781 10730 Success
11:40:12PM STOX50 6420.4 6405 6394 6448 6492 6520 6534 ‘cess
10:58:14PM GERMANY 25976 25914 25887 26020 26136 26211 26057
11:03:52PM US500 7651.1 7640 7617 7655 7700 7716 7670 ‘cess
11:09:10PM DOW 52794.2 52733 52095 53071 53223 53354 53000 ‘cess
11:33:35PM NASDAQ 29234.7 29118 29098 29294 29497 29655 29395 ‘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:GLEN Glencore Xstra** **LSE:ONT Oxford Nanopore Tech** **LSE:PMG Parkmead** **LSE:TLW Tullow** **LSE:TRN The Trainline** **

********

Updated charts published on : Oxford Nanopore Tech, Parkmead, Tullow, The Trainline,

LSE:GLEN Glencore Xstra. Close Mid-Price: 584.5 Percentage Change: + 0.00% Day High: 584.5 Day Low: 569.2

If the price of Glencore Xstra manages to move ABOVE 584.5, initial UP ta ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 164.5 Percentage Change: + 0.00% Day High: 164.5 Day Low: 141.9

Target met. In the event of Oxford Nanopore Tech enjoying further trades ……..

Subscribe for more

</p

View Previous Oxford Nanopore Tech & Big Picture ***

LSE:PMG Parkmead. Close Mid-Price: 22.5 Percentage Change: + 0.00% Day High: 23.1 Day Low: 21

In the event of PMG share price managing to exceed 23.1 (please, not an i ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 19.9 Percentage Change: + 0.00% Day High: 20.1 Day Low: 17.98

Target met. Simply managing to get the share price above 20.1 is the next ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 190 Percentage Change: + 0.00% Day High: 208.6 Day Low: 181

Target met. Continued weakness against TRN taking the price below 181 cal ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

*** 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: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: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:OXIG Oxford Instruments** **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:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

Posted on

Potentially Superhero Kier Group Plc, trading around 254.20 at the time of writing.

Kier provide a classic lesson on why to distrust “Rights Issues” as sometimes things go wrong. When only 38% of the issue was taken up, the share price received a pretty thorough kicking, the company eventually kicked out of the prestigious FTSE 250. Things went from bad to worse, the company excavating hitherto depths of negative news, reporting unexpected costs, accounting errors, and of course the classic path to popularity, an occasional “Profits Warning”.

Eventually, the share price stopped falling around 42p in 2020, the period since exhibiting a series of less than impressive bounces. While the price has obviously achieved some recovery, it has not yet exceeded the value of the Rights Issue of 405p. There are, perhaps, signs things shall change in the fairly near term but as we’re discussing the building sector, every thought should be prefixed with a qualifier such as “maybe” or “if”…

There’s certainly something a bit odd going on with the construction sector overall. We’ve long used a chums business – pre-demolition asbestos survey – as a reliable bellwether for the building game. If he’s busy, invariable the construction sector shall do well, logic demanding we believe his activities will signal coming works. But the last year has been quite odd. He’s never been so busy, involved in some seriously large projects for major players but reports he’s now being called out to update previous results, surveys essentially having a “lifespan”. While these secondary surveys are essentially a doddle, his concern is the lack of work taking place on some major projects. Most recently, his company was asked to refresh their results on an old hospital, the building still lying empty and (mostly) untouched following a pre-demolition survey a few years ago. This one will always feature as a “dinner table” story for him, it being the time he bumped into a bunch of military guys who thought they were conducting an exercise in an empty property, running like a bunch of children when he mentioned Asbestos. On their way out, a swarm of Police in riot gear arrived, also planning an exercise in the large empty property. Once again, the word ‘Asbestos’ turned my chum and his team into superhero’s, the fact they were dressed in white anti-contaminant suits with breathing gear adding to the terror.

Now, a couple of years later, the hospital remains standing, though with rather a few damaged internal doors as, once armed with a map of “no go” areas, the uniformed services maximised on their playground.

Currently, Kier are looking hopeful, the share price exceeding the Blue downtrend since 2014 and twitching nervously like a rescued otter pup, afraid to be released back into the wild. We’ve shown a chart extract, illustrating how things are (not) going.

From an immediate perspective, above 264p should indicate the potential for recovery to an initial 281p with our longer term secondary, if exceeded, calculating at 364p. Unfortunately, these ambitions do not take the share price above the Rights Issue 405p, a price level which we think shall become an important trigger for the Big Picture. From our perspective, share price closure ABOVE 364p shall be regarded as a Big Deal, dumping Kier Group into a zone where a long term 1020p actually becomes believable.

This is perhaps worth keeping an eye on as we rarely express the possibility of a 3x gain for a share. We are nervous with this one but the share price is certainly reacting to the long term downtrend. It needs close below 240p to spoil any optimism.

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:51:40PM BRENT 8972.2 ‘cess
10:42:11PM GOLD 4521.39 4442 4426 4393 4476 4526 4537 4564 4488 Success
10:47:19PM FTSE 10745
10:50:41PM STOX50 6437.6
10:53:32PM GERMANY 26079.3
10:57:57PM US500 7709.2 7675 7645 7630 7695 7750 7781 7815 7700 Shambles
11:01:09PM DOW 53456.8 Success
11:04:43PM NASDAQ 29475.3
11:11:44PM JAPAN 66263 ‘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:BME B & M** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IGG IG Group** **LSE:MRO Melrose** **LSE:ONT Oxford Nanopore Tech** **LSE:QED Quadrise** **LSE:TLW Tullow** **LSE:TRN The Trainline** **

********

Updated charts published on : B & M, Genel, Gulf Keystone, IG Group, Melrose, Oxford Nanopore Tech, Quadrise, Tullow, The Trainline,

LSE:BME B & M. Close Mid-Price: 239.4 Percentage Change: + 0.00% Day High: 239.4 Day Low: 228

If the price of B & M manages to move ABOVE 239.4, initial UP target beco ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***

LSE:GENL Genel. Close Mid-Price: 69.3 Percentage Change: + 0.00% Day High: 70.2 Day Low: 65

Target met. In the event of GENL share price managing to exceed 70.4 (ple ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:GKP Gulf Keystone. Close Mid-Price: 182.2 Percentage Change: + 0.00% Day High: 184.6 Day Low: 181.8

All Gulf Keystone needs are mid-price trades ABOVE 184.6 to improve accel ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:IGG IG Group. Close Mid-Price: 1318 Percentage Change: + 0.00% Day High: 1385 Day Low: 1304

Managing to get the share price BELOW 1,304 is the next problem level for ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:MRO Melrose. Close Mid-Price: 483.4 Percentage Change: + 0.00% Day High: 495.1 Day Low: 480.4

This is starting to feel worth watching as movement above 500 now points a ……..

Subscribe for more

</p

View Previous Melrose & Big Picture ***

LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 139.7 Percentage Change: + 0.00% Day High: 142 Day Low: 120.9

Target met. Continued trades against ONT with a mid-price ABOVE 142 shoul ……..

Subscribe for more

</p

View Previous Oxford Nanopore Tech & Big Picture ***

LSE:QED Quadrise. Close Mid-Price: 0.96 Percentage Change: + 0.00% Day High: 0.982 Day Low: 0.9

Continued weakness against QED taking the price below 0.9 calculates as l ……..

Subscribe for more

</p

View Previous Quadrise & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 18.44 Percentage Change: + 0.00% Day High: 18.64 Day Low: 16.9

Target met. If the price of Tullow manages to move ABOVE 18.64, initial U ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 208.8 Percentage Change: + 0.00% Day High: 228.4 Day Low: 201.2

Target met. If The Trainline intends to relax, the price needs to get bel ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

*** 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: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:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **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:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

********

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.

Posted on

Legal and General Plc, trading around 300.90 at the time of writing.

Marina’s everywhere have a corner where junk piles up, generally awaiting a surprise bonfire once folk have picked everything clean. Our local marina here in Argyll is no different, except the sight of a 40 foot vessel dumped on its side was something of a show stopper. Locally, or so the gossip goes, the owner was financially wiped out in the 2009 market crash, vanishing and leaving the vessel behind in the middle of a major engine replacement. Seventeen years later, the boat has been scrapped as an uneconomical repair, lawyers having apparently extracted every possible fee.

It’s a sad sight.

However, not everything hit by 2009 has failed to recover. Legal & General has resurfaced from their 25p low, now offering the highest dividend yield (7.1%)  of the entire FTSE 100. Additionally, their share price is skirting with the concept of achieving a new all time high!

According to our calculations, the situation now suggests movement above 317p should prove capable of triggering a further lift to an initial 328p with our secondary, if bettered, working out at a future 364p. Overall, we are being encouraged to below the share price is now sailing in a zone, where a distant long term 412p is exerting an attraction!

Should the market decide to foul things up slightly, below 285 would be regarded as an early signal for trouble, warning of the risk for reversal to 273 with our secondary, if such a level is punctured, bringing the threat of a probable bottom at 255p.

For now, we are inclined toward hope for the future, something sadly lacking for that impressive looking gin palace boat.

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:05:59PM BRENT 8983.2 Shambles
11:12:09PM GOLD 4337.41 4328 4304 4260 4348 4407 4427 4460 4387
11:15:11PM FTSE 10723.2 10702 10680 10646 10732 10782 10792 10822 10746
11:18:08PM GERMANY 26130.1
12:55:37AM US500 7694
1:00:26AM DOW 53312.8
1:04:30AM NASDAQ 29448.7 Success
1:09:25AM JAPAN 66014

 

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:AML Aston Martin** **LSE:AV. Aviva** **LSE:GLEN Glencore Xstra** **LSE:TLW Tullow** **

********

Updated charts published on : Aston Martin, Aviva, Glencore Xstra, Tullow,

LSE:AML Aston Martin. Close Mid-Price: 34.28 Percentage Change: + 0.00% Day High: 35.9 Day Low: 33.38

In the event of AML share price managing to break below 33.38 (obviously, ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:AV. Aviva. Close Mid-Price: 737 Percentage Change: + 0.00% Day High: 740.2 Day Low: 728

In the event of Aviva enjoying further trades beyond 740.2, the share sho ……..

Subscribe for more

</p

View Previous Aviva & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 551.2 Percentage Change: + 0.00% Day High: 556 Day Low: 546.4

This needs above 580 to next trigger a visit to an initial 628 with our se ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 17.2 Percentage Change: + 0.00% Day High: 17.2 Day Low: 15.7

The next task for Tullow is to get the price above 17.2 (not with a fake ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

*** 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: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: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: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: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:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

Posted on

Moonpig Group Plc (LSE:MOON), trading around 280 at the time of writing.

When dinosaurs wandered the countryside, we remember receiving a Hewlett Packard inkjet printer, an early model of the “printers from hell” which provided COLOUR to our output, an attempt by the manufacturers to addict the public to their absurdly expensive printer inks. Of course, we fell for it hook, line, and sinker, one Christmas even providing an exquisite mail-merge from an early version of Microsoft Word, a concept which ensured every single Christmas card was completely personalised.

Oddly, the personalisation of the cards wasn’t the difficult issue but instead, PRINTING them was a nightmare, a complete amateur finding the concept of folding A4 paper with different messages on each side horrible. I still remember my wife yelling “STOP, use cheap paper” when the cunning plan was being enacted and of course, we ran out of colour ink during the dreadful printing concept. The issue was Page 1 and Page 3 had to match the recipient, each of which used colour print, and the inside joke on Page 3 matched the introduction on Page 1.

It was a great idea, one which kept my wife and I arguing for almost a week as we ran out of ink, glossy paper, and sleep. But eventually, we had around 50 Christmas Cards completely personalised, all of which needed either hand delivered or given along with a present as we’d missed the crucial postal date. Others, heading abroad to England and beyond, had an envelope with a “posted in time, honest” logo on the top left hand side of the envelope. We decided, if our marriage was to survive, we’d never enact such a great idea again. And we suspect that was the same year the InkJet Vampires experienced some share price corrections.

Oh, and let’s not speak about Hewlett Packard’s paper feed mechanisms. They made an old Dot Matrix paper feed a fond memory, something perfectly capable of dumping a 2,500 page run of commented source code. But unfortunately, it needed 2,499 pages manually separated…

All of this indicates Moonpig were onto something with their concept, a brilliant concept  which made our home-grown idea look like an exercise in stupid. We did admit “Printers” actually have a deserved place in the world of commerce. What we detest are the Moonpig adverts, along with the irritating jingle, a combination of visual effects which make the idea of using Moonpig quite abhorrent. Then again, we’re fairly confident we don’t form any part of MoonPigs target market as the concept was probably created by folk just like ourselves, realising the hard way that creating a greetings card can be quite difficult, no matter how gullible you’ve been in buying into colour inkjet printers. In fact, the folk who invented the price of coloured inks should be first against the wall, come global awakening!

But yes, we think the MoonPig concept is brilliant and it’s a web service we wouldn’t ever have attempted, simply due to an utter hatred of computer printers. Hewlett Packard probably opened the door, Epson rushing through behind them. Nowadays, it’s almost cost effective to buy another new printer with packaged ink, rather that spend any time buying refills. Like most computer folk, we utterly hate printers, their manufacturers always forgetting most folk mainly want to print black ink on white paper. Everything else IS NOT added value but instead, added reasons for failure. But to be honest, we once bought an Epson Photo printer and it was quite good, once we figured out which “pirate” inks to buy, capable of printing on CD’s or DVD’s, along with silver oxide paper which was quite a big deal from a photography standpoint. The paper feed recently failed, the sound of the old Epson printer hitting the bottom of a wheelie bin sounded like “Freedom!”.

As for Moonpig share price, some hope currently looks justified if it sticks its nose above 290p. Such a flamboyant gesture is liable to trigger gains to an initial – very confident and lacking profit – 293.5p but our longer term secondary, should such a level be exceeded, calculates at a future 328p, quite a useful proposition. Apparently, a longer term 363p could also provide a useful third level ambition., something about which we lack confidence currently.

Our conclusion is that Moonpig shall prove interesting, needing below 206p to spoil our optimism.

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:25:39PM BRENT 8958.4 8698 8588 8456 8800 8979 9087 9162 8905 ‘cess
10:33:15PM GOLD 4415.29 4220 4137 4034 4336 4430 4531 4735 4334
10:36:01PM FTSE 10727 10715 10702 10671 10736 10795 10827 10866 10765
10:38:47PM STOX50 6520.9 6519 6501 6475 6536 6571 6588 6611 6549 ‘cess
10:41:27PM GERMANY 26299.9 26292 26205 26092 26350 26501 26539 26622 26392
10:44:31PM US500 7744.1 7742 7720 7693 7766 7779 7788 7803 7746
10:47:53PM DOW 53438.3 53395 53203 52684 53550 53732 53851 54002 53608
10:54:01PM NASDAQ 29982.9 29962 29893 29776 30061 30190 30257 30358 30090 Shambles
10:58:00PM JAPAN 68975 68880 68749 68492 69094 69136 69238 69358 68909 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…

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:GENL Genel** **LSE:ITRK Intertek** **LSE:SRP Serco** **LSE:TLW Tullow** **

********

Updated charts published on : Aviva, Genel, Intertek, Serco, Tullow,

LSE:AV. Aviva. Close Mid-Price: 730 Percentage Change: + 0.00% Day High: 735.8 Day Low: 725.4

If the price of Aviva manages to move ABOVE 735.8, initial UP target beco ……..

Subscribe for more

</p

View Previous Aviva & Big Picture ***

LSE:GENL Genel. Close Mid-Price: 67.6 Percentage Change: + 0.00% Day High: 68.1 Day Low: 65.1

The next task for Genel is to get the price above 68.1 (not with a fake s ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:ITRK Intertek. Close Mid-Price: 5855 Percentage Change: + 0.00% Day High: 5855 Day Low: 5840

Target met. Simply managing to get the share price above 5855 is the next ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 264.2 Percentage Change: + 0.00% Day High: 268.4 Day Low: 260.4

Moves next above 280 should bring a visit to 296 with our secondary, if be ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:TLW Tullow. Close Mid-Price: 15.86 Percentage Change: + 0.00% Day High: 15.98 Day Low: 14.3

For a pleasant change, Tullow is starting to look properly hopeful. Above ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

*** 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: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: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: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:STAN Standard Chartered** **LSE:STAR Star Energy** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **LSE:ZOO Zoo Digital** **

********