#Brent #Japan For many years, despite the rapid growth of online discount retailers, Currys continued to offer something that internet-only competitors couldn’t: the opportunity to see products in person before making a purchase. Whether browsing white goods, smartphones, televisions or computers, customers could visit a Dixons, Currys or PC World store to compare models firsthand before deciding what to buy.
The traditional strategy, of course, was to inspect the product in-store before checking prices online. Amazon, eBay and countless other retailers often undercut Currys, while Google’s shopping results made it even easier to compare prices within seconds. Once you’d settled on the perfect American-style fridge freezer after seeing it in a Currys showroom, there was every chance you could find exactly the same model elsewhere for considerably less.
Occasionally, however, convenience outweighs the savings.
When our television unexpectedly gave up the ghost, we quickly realised that watching everything on a laptop screen wasn’t going to replace a 50-inch TV. Rather than spend days researching online deals, we simply headed to Currys and bought a replacement. After all, our grandchildren were due to visit, and we feared they might actually have to spend the weekend talking to us instead of immersing themselves in the latest Netflix or Amazon Prime Video series.
As it turned out, they found a third option entirely—spending most of the weekend on their phones, video-calling the same friends they see every day at school.
One pleasant surprise was discovering that Currys still stock “not-so-smart” televisions. That suited us perfectly, allowing us to continue using our trusted Roku streaming stick instead of relying on a manufacturer’s built-in smart TV platform.
Turning to the chart, there is encouraging technical news.
By moving above 163p, the Currys share price has confirmed a transition into a pattern of higher highs—a development that typically signals strengthening upward momentum. The move above this level opens the door to an initial target around 168p. If this barrier is overcome, the next objective sits at 191p, with a longer-term target of 244p should buying momentum continue.
These may not be the most ambitious price objectives, but the appearance of a confirmed higher-high pattern suggests they deserve serious consideration.
Ironically, the dominance of online retailers may no longer be quite as overwhelming as it once was. Warehouse-style retailers such as Currys have become increasingly competitive on price, reflecting years of pressure from internet rivals. In many cases, the gap between online and in-store pricing has narrowed considerably.
Our own American-style fridge freezer story ended rather unexpectedly—with a purchase from Tesco. The only drawback was discovering that the appliance was a couple of inches wider than our kitchen had anticipated.
As always, there is a downside scenario to consider. Should the share price fall below 127p, it would suggest the current positive outlook has failed. Such a move could trigger a decline towards an initial target of 93p, with a secondary objective at 75p if selling pressure intensifies. We would hope this lower level would provide meaningful support.
For now, however, the technical picture remains constructive, and we continue to favour the upside.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:40:54PM | BRENT | 8757.6 | 8410 | 8329 | 8162 | 8555 | 8837 | 9005 | 9325 | 8703 | ‘cess |
| 10:43:39PM | GOLD | 4067.71 | Success | ||||||||
| 10:46:04PM | FTSE | 10819 | |||||||||
| 11:18:15PM | STOX50 | 6236.2 | Success | ||||||||
| 11:21:01PM | GERMANY | 25436.7 | Shambles | ||||||||
| 11:39:59PM | US500 | 7346.3 | Success | ||||||||
| 11:51:10PM | DOW | 51751.8 | ‘cess | ||||||||
| 11:56:47PM | NASDAQ | 27365.4 | Shambles | ||||||||
| 11:59:14PM | JAPAN | 61643 | 60427 | 59584 | 58376 | 61241 | 63020 | 63862 | 65007 | 62011 |
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:EXPN Experian** **LSE:GRG Greggs** **LSE:HSBA HSBC** **LSE:MKS Marks and Spencer** **LSE:SAGA SAGA Plc** **LSE:STAN Standard Chartered** **
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Updated charts published on : Asos, B & M, Experian, Greggs, HSBC, Marks and Spencer, SAGA Plc, Standard Chartered,
LSE:ASC Asos. Close Mid-Price: 383 Percentage Change: + 0.00% Day High: 390.5 Day Low: 373
If the price of Asos manages to move ABOVE 390.5, initial UP target becom ……..
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View Previous Asos & Big Picture ***
LSE:BME B & M. Close Mid-Price: 230.2 Percentage Change: + 0.00% Day High: 232 Day Low: 226
In the event of BME share price managing to exceed 232 (please, not an in ……..
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View Previous B & M & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 3077 Percentage Change: + 0.00% Day High: 3081 Day Low: 2979
Target met. The next task for Experian is to get the price above 3081 (no ……..
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View Previous Experian & Big Picture ***
LSE:GRG Greggs. Close Mid-Price: 2002 Percentage Change: + 0.00% Day High: 2002 Day Low: 1773
Target met. Simply managing to get the share price above 2002 is the next ……..
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View Previous Greggs & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 1547.8 Percentage Change: + 0.00% Day High: 1581.4 Day Low: 1542.4
Further movement against HSBC ABOVE 1581.4 should improve acceleration to ……..
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View Previous HSBC & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 405.4 Percentage Change: + 0.00% Day High: 407.4 Day Low: 399.9
Target met. If the price of Marks and Spencer manages to move ABOVE 407.4 ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:SAGA SAGA Plc. Close Mid-Price: 661 Percentage Change: + 0.00% Day High: 685 Day Low: 646
Target met. The next task for SAGA Plc is to get the price above 685 (not ……..
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View Previous SAGA Plc & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 2157 Percentage Change: + 0.00% Day High: 2205 Day Low: 2124
Target met. All Standard Chartered needs are mid-price trades ABOVE 2205 ……..
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View Previous Standard Chartered & Big Picture ***