By many standards, a read through of IQE’s “About Us” strongly suggests you’re swatting up on a company whose time has come. Established back in 1988, they’re now involved at the cutting edge of many areas, whether it’s communication, vehicle navigation, electrification, or buzzword prostitution in the fields of AI and Datacentres. To be generous, their website people have not entirely fallen into the well of gibberish terminology, despite a plethora of opportunity.
We’ve received a few emails, asking our thoughts on this share, suggesting there may be some gossip and expectation doing the rounds in the real world. Hopefully, any optimism is based on facts as the share price isn’t exactly residing in a happy place at present.
There has been a superb uptrend this year, since the days when the share price languished around 4.75p and experienced a cracking ride up to the 72p level. Unfortunately, as part of such a journey, our software demanded the share price CLOSE a session above 66p, an ambition which remains sadly lacking.
Currently, we’re not exactly oozing optimism due to the share price closing a session below the immediate Red Uptrend for 2026. We’ve painted a little circle around the problem on the chart below, one which implies IQE share price needs CLOSE above 34p to signal the need to rush out and buy a party popper. Or two! With the share price presently trading at just 32.65p, very little work is required to give some hope for the future.
At this point, we run into an experiment we’re running. Every now and then, we’ve been messing around with ChatGPT in the hope of improving our presentation and last Friday threw up an interesting result from the supposed AI (We know it’s just text lookup but what the heck…). On Friday, ChatGPT proved quite flattering, suggesting we don’t change a word but improve the layout of our article, allowing readers to jump beyond our brilliant sense of humour and just focus on the boring numbers given.
To be completely honest, it rather firmly said to keep our Whisky and Crunchies joke, claiming it added uniquely English humour to an article covering a quite dry topic, the FTSE. In addition, we kinda liked the “skip the boring” potentials as it’s something we’re guilty of doing with things which are obviously clickbait, either (increasingly) nonsense articles from the Independent, rubbish articles from the Guardian, or the odd YouTube video which promises a lot and experience has taught will deliver nothing. YouTube should publish a “Rule One”, jump beyond any video which says ‘Watch to the End’ or ‘You Will Not Believe What Happens After…’
Our Negative IQE View
Now below 32.5p risks triggering reversal down to an initial 30.9p with our longer term secondary, if broken, calculating down at 21.3p and a probable bounce level. The visuals certainly tick the boxes for such a scenario but we’re curious as to what has piqued our correspondents interest. Sometimes punters know a thing or two.
Our Positive IQE View
At present, our elastic measuring tape suggests the hope of movement above 38p triggering gains to an initial 50.5p. This does make some sense, as does our secondary if such an ambition is exceeded, which works out at 66p. For the long term, closure above 66p remains absolutely critical, taking the share price into a zone where a Big Picture cycle to a future 94p should allegedly commence.
And in Summary?
Our conclusion is a little vague but one of the folk who got in touch has a reasonable track record. As a result, we’re inclined to take her optimism seriously but still would suggest playing safe and keeping an eye on our 38p trigger level. While we always prefer caution, the concept is preferable to spouting potentials which risk having investors “walk” funny.
And Finally;
We’d expected to be away for a couple of days this week. It will be next week for our family get together, due to a (seriously funny) error by a teenage niece who’s managed to become a complicated illegal alien in a European country. There are passport control officers throughout Europe who’re glad she’s not their daughter.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:05:29PM | BRENT | 10343.1 | Success | ||||||||
| 10:36:29PM | GOLD | 3945.72 | 3879 | 3761 | 3448 | 3920 | 3970 | 3999 | 4042 | 3930 | |
| 10:40:53PM | FTSE | 10770.9 | |||||||||
| 10:44:42PM | STOX50 | 6148.5 | |||||||||
| 10:58:02PM | GERMANY | 25916.8 | 25737 | 25661 | 25539 | 25901 | 26023 | 26062 | 26119 | 25943 | |
| 11:01:05PM | US500 | 7556.2 | |||||||||
| 11:03:23PM | DOW | 51996.4 | |||||||||
| 11:06:27PM | NASDAQ | 28033.7 | |||||||||
| 11:09:15PM | JAPAN | 62644 |
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:AVCT Avacta** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:TSCO Tesco** **
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Updated charts published on : Avacta, Firstgroup, Greggs, IQE, ITM Power, Intertek, Spirax, Serco, Tesco,
LSE:AVCT Avacta. Close Mid-Price: 59.25 Percentage Change: + 0.00% Day High: 60.5 Day Low: 58.5
In the event of AVCT share price managing to break below 58.5 (obviously, ……..
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View Previous Avacta & Big Picture ***
LSE:FGP Firstgroup. Close Mid-Price: 232.2 Percentage Change: + 0.00% Day High: 232.2 Day Low: 217.8
Target met. Continued trades against FGP with a mid-price ABOVE 232.2 sho ……..
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View Previous Firstgroup & Big Picture ***
LSE:GRG Greggs. Close Mid-Price: 2374 Percentage Change: + 0.00% Day High: 2388 Day Low: 2269
Target met. Continued trades against GRG with a mid-price ABOVE 2388 shou ……..
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View Previous Greggs & Big Picture ***
LSE:IQE IQE. Close Mid-Price: 32.65 Percentage Change: + 0.00% Day High: 35.15 Day Low: 32.65
Target met. Continued weakness against IQE taking the price below 32.65 c ……..
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View Previous IQE & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 76.85 Percentage Change: + 0.00% Day High: 79.85 Day Low: 74
Weakness on ITM Power below 74 will invariably lead to 70p and secondary, ……..
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View Previous ITM Power & Big Picture ***
LSE:ITRK Intertek. Close Mid-Price: 5940 Percentage Change: + 0.00% Day High: 5940 Day Low: 5925
All Intertek needs are mid-price trades ABOVE 5940 to improve acceleratio ……..
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View Previous Intertek & Big Picture ***
LSE:SPX Spirax. Close Mid-Price: 7600 Percentage Change: + 0.00% Day High: 7670 Day Low: 7475
Continued trades against SPX with a mid-price ABOVE 7670 should improve t ……..
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View Previous Spirax & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 294 Percentage Change: + 0.00% Day High: 294 Day Low: 287.4
The next task for Serco is to get the price above 294p (not with a fake s ……..
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View Previous Serco & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 545 Percentage Change: + 0.00% Day High: 549 Day Low: 537.4
Simply managing to get the share price above 549p is the next hurdle for ……..
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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: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:HIK Hikma** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGG IG Group** **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:SAGA SAGA Plc** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SFOR S4 Capital** **LSE:SMT Scottish Mortgage Investment Trust** **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** **
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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!