Marks & Spencer Group Plc (LSE:MKS) and Baklava

News of a town in middle England (Nottingham) opting to ban Baklava seems unfair. We once had a local deli where we’d routinely buy a whole tray of the wonderful Greek honey & nuts luxury, promising to make it last a week but aware it’d be a competition between my wife, daughter, and myself as we each were serious about getting our ‘share’. A personal diagnosis of Coeliac disease unfortunately made the tray of heaven a distant memory for my digestive system, Baklava suddenly missing from our household. Neither wife nor daughter liked to visit the deli, due to always finding themselves spending a small fortune on products which made joining Weight Watchers a necessary evil.

Unfortunately, the next time our local radio news broadcast covered the story, the word ‘Balaclava’ had replaced ‘Baklava’, destroying the mental image of Nottingham police greedily searching people at demonstrations in case they were carrying a Greek speciality! Knowing our local radio station, the initial miss-labelling was probably not a mistake, their sense of humour being notorious in their never ending search for plausible deniability!

Bizarrely, this story brings us neatly to M&S, my wife recently visiting to buy some gluten free products and also choosing an Assorted Baklava Selection for old times sake. Usually, she praises M&S products but in this instance, declared their Baklava to be a poor comparison with the trays of the stuff we used to buy. It was one of these “once you’ve eaten the real thing” moments but the dog really enjoyed her occasional mega treat over the next few days.

We’d an email about M&S as apparently an analyst somewhere has been sounding quite excited about their share price prospects. We’re not so sure confidence should be allowed for the immediate future as weakness next below 368p looks very capable of provoking reversal to an initial 360p. Our secondary, if such a level breaks, calculates down at a very probable 341p and hopefully a real bounce. If wanting to play with short positions, the tightest stop loss looks like 386p.

However, there is obviously a chance the analyst promoting Marks & Spencer may have spotted something useful. Should this be the case, above 386p should exhibit some surprise potentials, allowing for a visit to an initial 422p with our longer term secondary, if exceeded, working out at 434p. This sort of thing would be extremely significant, suggesting the share price is breaking from from the hiatus which has infected the share price since the start of 2025.

Perhaps M&S shall prove worth watching, though we suspect due to imminent reversal potentials.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:31:20PM BRENT 10578 Success
10:35:48PM GOLD 4296.1
10:39:39PM FTSE 10685.3 10643 10634 10616 10675 10689 10693.5 10700 10652 ‘cess
10:43:11PM STOX50 6249.8 6192 6178 6149 6242 6264 6290 6323 6234 ‘cess
10:45:28PM GERMANY 25455.7 ‘cess
10:47:26PM US500 7595.8 ‘cess
10:49:50PM DOW 52140.5 Success
10:52:40PM NASDAQ 28979.8 Shambles
10:54:54PM JAPAN 63710

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:BP. BP PLC** **LSE:CNA Centrica** **LSE:NG. National Glib** **LSE:SAGA SAGA Plc** **LSE:VOD Vodafone** **

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Updated charts published on : BP PLC, Centrica, National Glib, SAGA Plc, Vodafone,


LSE:BP. BP PLC. Close Mid-Price: 580.3 Percentage Change: + 0.00% Day High: 580.3 Day Low: 564.7

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LSE:CNA Centrica. Close Mid-Price: 148.65 Percentage Change: + 0.00% Day High: 148.65 Day Low: 145.8

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LSE:SAGA SAGA Plc. Close Mid-Price: 590 Percentage Change: + 0.00% Day High: 595 Day Low: 579

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LSE:VOD Vodafone. Close Mid-Price: 131.2 Percentage Change: + 0.00% Day High: 131.45 Day Low: 128.7

All Vodafone needs are mid-price trades ABOVE 131.45 to improve accelerat ……..

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*** 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:BT.A British Telecom** **LSE:CAR Carclo** **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: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: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: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:ZOO Zoo Digital** **

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

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