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** **
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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 ……..
</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 ……..
</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 ……..
</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 ……..
</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 ……..
</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 ……..
</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** **









