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** **

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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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** **

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