Trends And Targets

That was quite a storm, our Blue Wheelie Bin was blown over. Okay, with some perspective, it was full and had half a paving slab on top of it. We suspect more of our recycled rubbish is now in the sea, being recycled, without bothering the middle man. It was an interesting storm, a cargo ship taking shelter directly opposite our house but by 4am Sunday, it was clear the anchor was dragging as this ship was now being blown toward the open sea. By 6.30am they got it started and docked across the sea loch, where the wind was blowing off-shore and safety could be assumed. Anyone who has even tried tying up at a mooring buoy in a rainy breeze will understand the crew earned their wages in such an operation. Gusts of 75mph were recorded during the night and the rain was biblical.

An advantage of staying in Argyll is the climate regularly gives something to write about, making our daily articles relatively easy to slide into, though connecting our Blue recycling bin tragedy with what’s going on with Barclays share price, may require an imaginative leap.

A Minute by Minute Barclays Forecast…

When we reviewed Barclays three weeks ago, we provided a drop target of 402p, something which was finally achieved on Friday 23rd October. When we view their share price movements in minute-by-minute mode, our 402p target level was clearly valid, the share price exhibiting an amazing fascination with our target level. Despite our 402p target breaking a few times during the trading session, the market visually confirmed the accuracy of our 3 week old 402p calculation, and also ensured the share price CLOSED the session above our drop target, ending the day at 407p.

Similar to a Met Office Weather Forecast, our outlook for Barclays managed to be simultaneously both right and wrong. The share price hit target, it fell below target (after the initial hit) and eventually recovered above target. Visually, the target proved itself brilliantly but what the heck are we supposed to take from share price movements? Our inclination is to present a scenario which might give the first clue as to whether any strength is evident. Near term, movement exceeding 408p is supposed to attempt an initial target of 411.9p. It’s not a massive price movement but if our initial target is bettered, our secondary calculates at 426p. Again, not a heavy accumulation of pennies but if 426p is bettered, we shall be looking at two ticks which indicate a bottom is “in”, therefore giving hope for the future.

In plain English, sufficient arguments will exist for us to create a scenario, where the bigger picture now suggests beyond 426 should aim for an initial 440p with our longer term secondary, if beaten, at 476p.

If we opt to delve into the forecast of a negative future, below 400p now risks promoting a visit down to an initial 396p with our secondary, if broken, a future 348p and ideally, a bounce occurring before such a level is achieved, ideally around 370p is some of our suspicions prove correct.

Should we be as brave as a weather forecaster and hold ourselves up for ridicule, we suspect Barclays is destined to experience a bounce at the 370p level.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
1:08:20AM	BRENT	11161.5	10886	10671	10584	11024	11219	11511	11823	10990
1:44:52AM	GOLD	3994.92
1:48:34AM	FTSE	10688
1:42:03AM	STOX50	6059.4
1:44:51AM	GERMANY	25126.9	25106	25055	24904	25208	25377	25512	25678	25272
9:40:43PM	US500	7634.3
9:44:01PM	DOW	52267.6
10:19:20PM	NASDAQ	29009.1
10:21:39PM	JAPAN	62808

 

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:BARC Barclays** **LSE:BP. BP PLC** **LSE:EXPN Experian** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:SRP Serco** **

********

Updated charts published on : Barclays, BP PLC, Experian, Firstgroup, Fresnillo, British Airways, IQE, Intertek, National Glib, Oxford Instruments, Serco,

---

LSE:BARC Barclays. Close Mid-Price: 407 Percentage Change: + 0.00% Day High: 413.2 Day Low: 399.6

Continued weakness against BARC taking the price below 399.6 calculates a ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

---

LSE:BP. BP PLC. Close Mid-Price: 638.5 Percentage Change: + 0.00% Day High: 638.5 Day Low: 619.2

Target met. Further movement against BP PLC ABOVE 638.5 should improve ac ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

---

LSE:EXPN Experian. Close Mid-Price: 3108 Percentage Change: + 0.00% Day High: 3108 Day Low: 3031

Simply managing to get the share price above 3108 is the next hurdle for ……..

Subscribe for more

</p

View Previous Experian & Big Picture ***

---

LSE:FGP Firstgroup. Close Mid-Price: 214.8 Percentage Change: + 0.00% Day High: 215 Day Low: 212.2

All Firstgroup needs are mid-price trades ABOVE 215 to improve accelerati ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

---

LSE:FRES Fresnillo. Close Mid-Price: 2309 Percentage Change: + 0.00% Day High: 2455 Day Low: 2306

Target met. In the event Fresnillo experiences weakness below 2306 it cal ……..

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***

---

LSE:IAG British Airways. Close Mid-Price: 394.7 Percentage Change: + 0.00% Day High: 406.6 Day Low: 394.7

If British Airways experiences continued weakness below 394.7, it will i ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

---

LSE:IQE IQE. Close Mid-Price: 35.35 Percentage Change: + 0.00% Day High: 36.25 Day Low: 35

Target met. Weakness on IQE below 35 will invariably lead to 32p with sec ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

---

LSE:ITRK Intertek. Close Mid-Price: 5925 Percentage Change: + 0.00% Day High: 5925 Day Low: 5910

Simply managing to get the share price above 5,925 is the next hurdle for ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***

---

LSE:NG. National Glib. Close Mid-Price: 1221 Percentage Change: + 0.00% Day High: 1229.5 Day Low: 1210

Target met. In the event of NG. share price managing to exceed 1229.5 (pl ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

---

LSE:OXIG Oxford Instruments. Close Mid-Price: 2496 Percentage Change: + 0.00% Day High: 2590 Day Low: 2484

If Oxford Instruments intends to relax, the price needs to get below 2484 ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***

---

LSE:SRP Serco. Close Mid-Price: 281.4 Percentage Change: + 0.00% Day High: 281.4 Day Low: 271.6

Simply managing to get the share price above 281.4 is the next hurdle for ……..

Subscribe for more

</p

View Previous Serco & 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:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **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:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:ITM ITM Power** **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: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:TLW Tullow** **LSE:TRN The Trainline** **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!

Thursday proved to be a day of chaos, mostly caused by people more interested in believing their own nonsense, along with stupidity from the UK media! Our problems started with a TXT message from our energy supplier, warning of the risk of power cuts due to impending strong winds. Glancing at the weather .APP on the phone gave a further apocalyptic warning of YELLOW rain making driving dangerous. Unfortunately, as someone with an important dental appointment on the mainland, the journey was now looking quite spicy and the option of taking the passenger ferry was ruled out for the day. But heading to the car ferry had its own set of problems, the route liable to be overwhelmed with traffic. In poor weather, the passenger ferry is immediately cancelled  and generally the ferry company makes no provision for displaced passengers. After all, if the passenger ferry isn’t running, there are no passengers to care about. At least if the car ferry goes off, you can nap in a dry car or head to a hotel, should the climate show no promise of improvement.

Long story short, leaving the house as early as possible ensured ‘accidentally’ arriving an hour early for the dental appointment, a 5 minute exercise to adjust the fitting of a bridge. The wonderful dentist obliged, doing a quick bit of wizardry and kicked me out. And so, returning to Argyll on the 3pm car ferry, I was able to press the magic button on the VW Eos and retract the hard top roof. It was a brilliant Blue Sky afternoon, not a cloud anywhere, and the temperature was 12.6c. To be honest, opening the car roof was a matter of principle, probably designed to further inflame my fury at the folk who think delivering fear is the correct way to supply news or weather. And worse, for Argyll, they proved utterly wrong.

Even sitting watching TV this evening, a couple of charity adverts further enforced our view of the idiocy driving the media. There was one for the British Heart Foundation designed to make the viewer fear imminent cardiac problems, another for a Cancer charity again designed to make the viewer believe “they could be next”. But better care can be delivered, if you’d just call this number. Perhaps folk need reminded of the Aesop fable about the Boy who cried Wolf. This shows how liars are rewarded: because even if they start telling the truth, no one believes them. This, unfortunately, is already the case with most printed media, along with broadcast news. Except for the Financial Times, still the UK’s mostly reliable news source.

As for the FTSE, it also seems to be still working on the basis a calamity is due. It’s slightly amusing to note the forces affecting oil prices changed last weekend, a group called The Houthis taking a turn to provide some further excuse for price disruption. Obviously, things are a bit confusing now but we shall not be surprised if the USA does something this coming weekend, perhaps an effort to reduce oil prices due to mid-term elections coming up in a few weeks?

From a fairly near term perspective, the FTSE has some reversal potentials. Currently, below 10659 threatens to trigger reversal down to an initial 10556 with our secondary, if broken, at 10445 points. We are now being reminded by our software this secondary risks being too ambitious as a bounce around 10495 is allegedly possible. Visually such a number makes little sense but this scenario has a reasonable overall Stop Loss figure at 10710 points.

In the event the stock market intends follow the lessons given by “Storm Austen” and instead provide a great day, our inclination is to regard movement above 10775 points as capable of triggering a rise to an initial 10871 points with our secondary, if beaten, at 10933 points. This, once again, would take the UK index into a zone where closure above 10908 points again becomes possible, potentially triggering a great end to the year… We can hope.

Have a good weekend, enjoy the Texas Grand Prix, sometimes a pretty good race.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:15:01PM	BRENT	10851	10752	10679		10899	11015	11075		10919	‘cess
10:17:55PM	GOLD	4023.11	4020	4006		4065	4102	4122		4059	Success
10:19:56PM	FTSE	10734.5	10667	10637		10720	10759	10772		10710	‘cess
10:22:02PM	STOX50	6093	6076	6070		6104	6140	6168		6105	‘cess
10:24:18PM	GERMANY	25371.6	25316	25224		25411	25565	25660		25405
10:33:34PM	US500	7663.3	7636	7623		7684	7702	7729		7663	Success
10:36:10PM	DOW	52879.1	52441	52246		52605	52925	52967		52672
10:38:49PM	NASDAQ	28916.8	28856	28588		29065	29410	29612		29260	Success
10:42:02PM	JAPAN	62205	62205	61904		62428	63442	63913		63024	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:BARC Barclays** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:EXPN Experian** **LSE:FGP Firstgroup** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:SDY Speedyhire** **

********

Updated charts published on : Barclays, BP PLC, British Telecom, Experian, Firstgroup, IG Group, ITM Power, National Glib, Speedyhire,

---

LSE:BARC Barclays. Close Mid-Price: 409.45 Percentage Change: + 0.00% Day High: 423.3 Day Low: 407.7

Managing to get the share price BELOW 407.7 is the next problem level for ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

---

LSE:BP. BP PLC. Close Mid-Price: 611.9 Percentage Change: + 0.00% Day High: 626.1 Day Low: 611.9

In the event of BP PLC enjoying further trades beyond 626.1, the share sh ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

---

LSE:BT.A British Telecom. Close Mid-Price: 211.7 Percentage Change: + 0.00% Day High: 213.2 Day Low: 206.9

Target met. All British Telecom needs are mid-price trades ABOVE 213.2 to ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

---

LSE:EXPN Experian. Close Mid-Price: 3084 Percentage Change: + 0.00% Day High: 3084 Day Low: 2981

In the event of EXPN share price managing to exceed 3084 (please, not an ……..

Subscribe for more

</p

View Previous Experian & Big Picture ***

---

LSE:FGP Firstgroup. Close Mid-Price: 213.8 Percentage Change: + 0.00% Day High: 213.8 Day Low: 206.6

Continued trades against FGP with a mid-price ABOVE 213.8 should improve ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

---

LSE:IGG IG Group. Close Mid-Price: 964.5 Percentage Change: + 0.00% Day High: 972 Day Low: 919.5

Managing to get the share price BELOW 919.5 is the next problem level for ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

---

LSE:ITM ITM Power. Close Mid-Price: 80.7 Percentage Change: + 0.00% Day High: 86.3 Day Low: 80.7

Target met. Managing to get the share price BELOW 80.7 is the next proble ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

---

LSE:NG. National Glib. Close Mid-Price: 1224 Percentage Change: + 0.00% Day High: 1224 Day Low: 1199

All National Glib needs are mid-price trades ABOVE 1224 to improve accele ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

---

LSE:SDY Speedyhire. Close Mid-Price: 12.94 Percentage Change: + 0.00% Day High: 13.22 Day Low: 12.86

Managing to get the share price BELOW 0 is the next problem level for SDY ……..

Subscribe for more

</p

View Previous Speedyhire & 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:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IQE IQE** **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: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** **

********

---

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

Ithaca Energy Plc (LSE:ITH) Priced around 294 at time of writing.

It appears possible the UK Government could make a substantial dent in funds, if they’d simply install a “False Statement” jar, something akin to a swear jar. After years of claiming their “green” attitude to North Sea oil didn’t really matter as the UK’s (claimed as rapidly diminishing) reserves had no effect on energy security, their song has changed lyrics. Now, approving the Jackdaw field has been declared essential for Energy Security in the UK, causing ‘green biased’ politicians to scream louder than at any attempt to reduce their private jet use… The entire nation feels their pain at globetrotting to visit environmental conferences in exotic location with 5 star venues.

The next major decision is the Rosebank field with Ithaca Energy making it clear they shall reduce UK investment, if the Government adheres to green dogma by further delaying approval for Ithaca to commence oil extraction. With the Jackdaw field now approved, there’s certainly good reason to hope Rosebank shall make its way into production, though ‘obviously’ do nothing for UK energy security if previous political statements from the folk claiming Net Zero is important were truthful.

There is certainly something attractive about a ‘Politician Jar’, magnitudes better than a ‘Swear Jar’ as it would allow folk at Westminster to contribute for the good of the nation! It can be safely assumed we still hold politicians in higher regard than sewage.

Ithaca’s share price movements this year are proving promising, recent higher highs giving a reasonable amount of hope for the longer term. It’s now the case where movement above 308p should next trigger further growth to an initial 323p with our secondary, if bettered, at a future 360p. Of course, in current market conditions, there’s a fair chance any rise shall stumble around 345p, simply due to the markets not behaving with full commitment.

In the unlikely visual event of Ithaca Energy share price misbehaving, the share price needs drill below 265 (Red) as this risks promoting reversal to an initial 238p with our secondary, if broken, at 226p and a strong potential for a bounce. But should such a level be broken, we can unfortunately calculate a third drop level at 167p, along with a convincing argument as a bottom.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:08:43PM	BRENT	10657.6
10:10:58PM	GOLD	4139.91	4105	4091	4070	4125	4142	4158	4176	4120
10:13:07PM	FTSE	10723.8
10:15:54PM	STOX50	6192.3									Success
10:18:36PM	GERMANY	25594									Success
10:27:14PM	US500	7758.6									‘cess
10:30:18PM	DOW	52890.1
10:32:56PM	NASDAQ	29836.4
10:35:52PM	JAPAN	64908	64279	63816	63299	64740	65285	65687	66510	64918

 

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:FGP Firstgroup** **LSE:IGG IG Group** **LSE:SAGA SAGA Plc** **LSE:SDY Speedyhire** **

********

Updated charts published on : Firstgroup, IG Group, SAGA Plc, Speedyhire,

---

LSE:FGP Firstgroup. Close Mid-Price: 211.6 Percentage Change: + 0.00% Day High: 211.6 Day Low: 208

Simply managing to get the share price above 211.6 is the next hurdle for ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

---

LSE:IGG IG Group. Close Mid-Price: 931 Percentage Change: + 0.00% Day High: 944 Day Low: 925.5

If the share price of IG Group manages to move BELOW 925.5, initial DOWN ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

---

LSE:SAGA SAGA Plc. Close Mid-Price: 818 Percentage Change: + 0.00% Day High: 818 Day Low: 802

In the event of SAGA share price managing to exceed 818 (please, not an i ……..

Subscribe for more

</p

View Previous SAGA Plc & Big Picture ***

---

LSE:SDY Speedyhire. Close Mid-Price: 13.3 Percentage Change: + 0.00% Day High: 13.52 Day Low: 13.14

If Speedyhire intends to relax, the price needs to get below 13.14 (but i ……..

Subscribe for more

</p

View Previous Speedyhire & 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: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: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:SBRY Sainsbury** **LSE:SCLP Scancell** **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** **

********

---

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

Headquartered in Canada, this South American focussed mineral exploration company is listed on both the Toronto exchange and the UK AIM exchange. They describe themselves as a Global Minerals Development company but seem to be mainly working in Argentina and Columbia. Unfortunately, we’d forgotten all about them but as the company featured in our emails recently, they were deemed worth a glance in the hope we can make some sense of their share price movements.

To cut to the chase, our software has calculated 16.9p as a potentially reliable level, exceeding such should apparently trigger share price gains to an initial astounding 30p. Our secondary, should such a level be exceeded, works out at a longer term 36p and the opportunity for the share price to close above a downtrend which dates back to 2007. On an AIM share, we are extremely sceptical of such long trend lines, especially in this instance as a “breakout” above Blue will suggest a long term 100p is exerting an attraction. Who knows, perhaps they shall dig up a flock of geese which lay golden eggs!

Our alternate scenario and one which feels likely, suggests weakness below 12.75 could bring a sharp dose of trouble, calculating with an initial drop target down at 7.9p with our longer term secondary, if broken, working out at a ridiculous looking 1.6p.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:10:24PM	BRENT	10631.5									‘cess
10:12:35PM	FTSE 100	10761.8
10:16:24PM	GOLD	4123.81	4111	4097	4063	4128	4154	4162	4179	4130	‘cess
10:35:08PM	STOX50	6158	6070	6045	6006	6102	6161	6178	6214	6133	Shambles
10:37:23PM	GERMANY	25473.2									Shambles
10:39:23PM	US500	7742.4									‘cess
11:00:05PM	DOW	52619.6
11:02:29PM	NASDAQ	29772.8									‘cess
11:13:42PM	JAPAN	65302									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:BARC Barclays** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:GRG Greggs** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:SAGA SAGA Plc** **LSE:TSCO Tesco** **

********

Updated charts published on : Barclays, Firstgroup, Gulf Keystone, Greggs, British Airways, IQE, ITM Power, Marks and Spencer, Ocado Plc, SAGA Plc, Tesco,

---

LSE:BARC Barclays. Close Mid-Price: 418.85 Percentage Change: + 0.00% Day High: 419.85 Day Low: 408.15

Target met. Weakness on Barclays below 408.15 will invariably lead to 395 ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

---

LSE:FGP Firstgroup. Close Mid-Price: 208.4 Percentage Change: + 0.00% Day High: 210.6 Day Low: 203

Target met. If the price of Firstgroup manages to move ABOVE 210.6, initi ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

---

LSE:GKP Gulf Keystone. Close Mid-Price: 204 Percentage Change: + 0.00% Day High: 232.5 Day Low: 194

Target met. In the event of GKP share price managing to exceed 232.5 (ple ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

---

LSE:GRG Greggs. Close Mid-Price: 2300 Percentage Change: + 0.00% Day High: 2354 Day Low: 2296

The next task for Greggs is to get the price above 2354 (not with a fake ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

---

LSE:IAG British Airways. Close Mid-Price: 414.6 Percentage Change: + 0.00% Day High: 424.1 Day Low: 402.3

In the event British Airways experiences weakness below 402.3 it calcula ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

---

LSE:IQE IQE. Close Mid-Price: 39.35 Percentage Change: + 0.00% Day High: 39.6 Day Low: 36.75

Managing to get the share price BELOW 36.75 is the next problem level for ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

---

LSE:ITM ITM Power. Close Mid-Price: 86 Percentage Change: + 0.00% Day High: 88.55 Day Low: 82.7

If the share price of ITM Power manages to move BELOW 82.7, initial DOWN ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

---

LSE:MKS Marks and Spencer. Close Mid-Price: 420.8 Percentage Change: + 0.00% Day High: 429.4 Day Low: 418

In the event of MKS share price managing to exceed 429.4 (please, not an ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

---

LSE:OCDO Ocado Plc. Close Mid-Price: 348.8 Percentage Change: + 0.00% Day High: 354.8 Day Low: 322.6

Target met. Continued trades against OCDO with a mid-price ABOVE 354.8 sh ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

---

LSE:SAGA SAGA Plc. Close Mid-Price: 807 Percentage Change: + 0.00% Day High: 812 Day Low: 775

The next task for SAGA Plc is to get the price above 812 (not with a fake ……..

Subscribe for more

</p

View Previous SAGA Plc & Big Picture ***

---

LSE:TSCO Tesco. Close Mid-Price: 539 Percentage Change: + 0.00% Day High: 548.6 Day Low: 536.4

Target met. Further movement against Tesco ABOVE 548.6 should improve acc ……..

Subscribe for more

</p

View Previous Tesco & 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:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **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: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** **

********

---

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

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

---

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…

---

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** **

********

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

---

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 ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Block Energy PLC & Big Picture ***

---

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

If the price of BP PLC manages to move ABOVE 622.7, initial UP target bec ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Tesco & 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: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** **

********

---

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

---

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…

---

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** **

********

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

---

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 ……..

Subscribe for more

</p

View Previous Block Energy PLC & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous National Glib & 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: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** **

********

---

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

---

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…

---

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** **

********

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

---

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 ……..

Subscribe for more

</p

View Previous B & M & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

---

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

If the price of EasyJet manages to move ABOVE 685p, initial UP target bec ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***

---

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

In the event of FGP share price managing to exceed 202.8 (please, not an ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Greggs & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

---

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 ……..

Subscribe for more

</p

View Previous Tesco & 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: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** **

********

---

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