Author: T&T Staff

#Gold #WallSt We are always careful to remind readers we’ve never once bought a Greggs product, nor have we ever even stepped inside one of their retail outlets despite their obvious popularity across the UK. This medically driven avoidance may even be reinforced by the latest organisation to catch our attention, “The Campaign for Real Bread”. Armed with Coeliac disease, the idea of “real bread” has been little more than a fantasy since 2004. Yet apparently there is now a pressure group arguing genuine bread should require between 24 and 48 hours to produce.

From our perspective, making gluten-free bread takes only a couple of hours. A suitable flour blend, water, salt and yeast are generally sufficient, though experimentation often follows. Mixing different flours, adding ground peanuts or cashews, seeds or spices can transform something merely edible into something genuinely enjoyable. Unfortunately, the reality remains that most homemade gluten-free bread is dangerously bland unless considerable effort is invested in improving both texture and flavour.

Perhaps the greatest frustration comes after the baking is finished. Two hours of work can be rewarded with a loaf developing mould after only three days, while my wife’s conventional bread often remains soft, fresh-looking and perfectly usable for another week or more. Whether through preservatives, emulsifiers or other ingredients designed to extend shelf life, commercial bread is engineered to remain attractive for far longer than most homemade alternatives. From a retailer’s perspective this makes perfect commercial sense, reducing waste while improving product availability throughout the trading day.

This is where organisations such as The Campaign for Real Bread perhaps have a legitimate argument. Consumers increasingly pay attention to ingredient lists, food processing and product quality, while retailers must balance freshness against practicality and profitability. Greggs, like every major food retailer, operates within these commercial realities. The business succeeds because it consistently delivers products customers enjoy at prices they consider reasonable, while maintaining an efficient supply chain capable of serving thousands of locations every day.

Ultimately, however, our personal dietary restrictions have little bearing on Greggs as an investment. The company’s customer base extends into the millions, supported by an extensive nationwide store network, strong brand recognition and an increasingly diversified menu which stretches well beyond its traditional bakery roots. Hot drinks, breakfasts, pizzas, sandwiches and seasonal products all contribute towards keeping customer traffic healthy throughout the day.

The Greggs share price certainly doesn’t appear to agree with any immediate negative assumptions. Instead, current technical indications continue to favour further upside. We anticipate some share price growth in the days ahead, provided momentum remains intact.

Currently, movement exceeding 1,617p risks promoting confident gains towards an initial target of 1,684p. Should this level be exceeded, our secondary objective sits at a less confident but nevertheless achievable 1,796p. Such movement would reinforce the argument that buyers remain willing to accumulate the stock despite wider uncertainty affecting the UK retail sector.

Conversely, should events take a turn for the worse, a decline beneath 1,500p carries the threat of triggering a reversal towards an initial 1,432p. If this support subsequently fails, our longer-term downside target continues to indicate the potential for weakness extending towards approximately 1,222p. While this remains a less favoured outcome at present, it cannot be ignored and would represent a significant deterioration in technical sentiment.

As always, markets rarely move in straight lines. Short-term volatility should therefore be expected, particularly if broader market sentiment deteriorates or consumer spending weakens. Nevertheless, provided Greggs continues to demonstrate operational resilience and the technical picture remains constructive, we presently see little reason to abandon our cautiously optimistic stance.

Unusually, we’re inclined towards optimism, despite their gluten contents.

 

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:23:54PM	BRENT	8794.4
11:30:14PM	GOLD	4014.66	3997	3984	3965	4014	4020	4025	4034	4005
11:55:18PM	FTSE	10455.3
11:58:57PM	STOX50	6187.1
12:12:22AM	GERMANY	24692
12:16:32AM	US500	7444.4
12:35:58AM	DOW	51920.8	51781	51482	50864	51926	52411	52643	52931	52213	‘cess
12:41:24AM	NASDAQ	28740.2
12:45:25AM	JAPAN	65323

 

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:AML Aston Martin** **LSE:ECO ECO (Atlantic) O & G** **LSE:GKP Gulf Keystone** **LSE:STAR Star Energy** **

********

Updated charts published on : Aston Martin, ECO (Atlantic) O & G, Gulf Keystone, Star Energy,

---

LSE:AML Aston Martin. Close Mid-Price: 35.6 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued weakness against AML taking the price below 35.30 calculates as ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

---

LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 57.8 Percentage Change: + 0.00% Day High: 0 Day Low: 0

The next task for ECO (Atlantic) O & G is to get the price above 57.8 (no ……..

Subscribe for more

</p

View Previous ECO (Atlantic) O & G & Big Picture ***

---

LSE:GKP Gulf Keystone. Close Mid-Price: 162.8 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Managing to get the share price BELOW 161.2p is the next problem level fo ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

---

LSE:STAR Star Energy. Close Mid-Price: 20 Percentage Change: + 0.00% Day High: 0 Day Low: 0

If the price of Star Energy manages to move ABOVE 20p, initial UP target ……..

Subscribe for more

</p

View Previous Star Energy & Big Picture ***

---

*** End of “Updated Today” comments on shares

#Brent #SP500 The girls decided I’d one job on Sunday evening – drive up to the local town and collect the Chinese takeaway. My wife, daughter and two teenage granddaughters had abandoned all pretence of moderation, opting for what can only be described as a banquet of starters rather than taking the sensible route of ordering four main courses. It was a classic case of eyes being bigger than stomachs, though experience suggests very little would survive the evening regardless.

The journey itself proved rather more interesting than expected. The restaurant is around eight miles away, a pleasant enough drive that, during the height of the tourist season, would normally involve negotiating a steady stream of traffic. Instead, the roads were almost eerily empty. There wasn’t another vehicle in sight for long stretches, and on arriving at the restaurant the situation was no different. The place was deserted. Given the time of year, when the local town is supposedly bustling with visitors, it all seemed rather odd.

The lady behind the counter solved the mystery with a smile, suggesting everyone was probably at home watching the World Cup. That explained everything. Just because football isn’t something I follow doesn’t mean millions of others aren’t perfectly happy to devote 90 minutes to it. It served as a useful reminder that our own interests don’t necessarily reflect those of the wider public. Markets have an annoying habit of teaching exactly the same lesson. Something can appear quiet, ignored or completely lacking excitement, only to surprise when attention inevitably shifts back towards it.

Armed with the knowledge that virtually everyone was glued to a television screen somewhere, the return journey became rather entertaining. The same eight-mile trip home took barely eight minutes, thanks to roads that remained completely devoid of traffic. It’s not often you enjoy such uninterrupted progress during the summer months, and I certainly wasn’t complaining.

Perhaps NatWest shares have something in common with those deserted roads. At present they don’t seem to be generating the sort of excitement that attracts headlines every day, particularly compared with some of the more fashionable sectors of the market. Yet quiet periods often conceal the potential for meaningful movement. Just because something isn’t commanding everyone’s attention doesn’t mean it lacks the ability to produce worthwhile gains once momentum begins to build.

From a technical perspective, the immediate hurdle remains relatively close. A move above 676p should have the potential to trigger a fresh leg higher, initially targeting around 692p. This level is important in its own right, but it is what follows that really captures our attention. Should the shares manage to exceed 692p with conviction, our longer-term calculations begin to project considerably more ambitious territory.

The secondary objective currently works out around 736p, representing a respectable advance from current levels. More importantly, however, such strength would place the shares within touching distance of what we regard as the dominant longer-term attraction, centred around 750p. That level has featured consistently in our calculations and would represent the natural destination should buying pressure continue to build over the coming weeks. While markets rarely travel in straight lines, the overall technical structure remains constructive provided key support levels continue to hold.

Naturally, no technical outlook would be complete without considering the downside. Markets have an unfortunate habit of ignoring the most convincing bullish arguments when sentiment changes, so it always pays to identify the point where the picture genuinely deteriorates. In NatWest’s case, there is no reason for undue concern while prices remain comfortably above 588p. It would require a break beneath this level before we would begin to regard the current structure as having suffered meaningful technical damage.

Should such weakness develop, the first downside objective becomes 532p, where we would initially expect support to emerge. Failure there would unfortunately suggest considerably greater deterioration, opening the possibility of a more substantial retreat towards our secondary target around 481p. At present this remains the less likely outcome, but markets reward preparation rather than complacency.

For now, however, the emphasis remains on the upside. Sometimes the quietest evenings, the emptiest roads and the least fashionable shares end up producing the most rewarding journeys. NatWest may not currently be attracting the same attention as some of the market’s more glamorous names, but from where we’re sitting the technical picture suggests it still possesses the potential to surprise.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
11:56:23PM	BRENT	9038.3	8294	7979	7582	8651	9060	9213	9501	8870
10:06:21PM	GOLD	3996.55
10:10:14PM	FTSE	10572
10:17:41PM	STOX50	6225.8
10:25:01PM	GERMANY	24819.3
10:45:20PM	US500	7458.1	7431	7406	7345	7476	7496	7522	7552	7464
10:49:26PM	DOW	52104.5
10:58:47PM	NASDAQ	28660
11:03:40PM	JAPAN	64968

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:CNA Centrica** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Centrica, Firstgroup, Fresnillo, Sainsbury,

---

LSE:CNA Centrica. Close Mid-Price: 173.3 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Above just 183 could prove interesting, giving the potential of a lift to ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***

---

LSE:FGP Firstgroup. Close Mid-Price: 175.8 Percentage Change: + 0.00% Day High: 0 Day Low: 0

It seems increasingly confident movement above 195 shall be required to fo ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

---

LSE:FRES Fresnillo. Close Mid-Price: 2442 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. If Fresnillo experiences continued weakness below 2397, it wi ……..

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***

---

LSE:SBRY Sainsbury. Close Mid-Price: 356.3 Percentage Change: + 0.00% Day High: 0 Day Low: 0

All Sainsbury needs are mid-price trades ABOVE 361 to improve acceleratio ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

---

*** End of “Updated Today” comments on shares

#FTSE #Gold While counting down the hours until the Belgian Grand Prix, some articles about the London stock exchange provided some worthwhile reading. We’ve been moaning for some time about how the FTSE often makes little sense, then a horrible statistic about the current state of the London Exchange hit home. In the last three years, foreign takeovers and large companies fleeing from their primary listing in London has seen a capital value of £285bn leave London. But on the bright side, there have been a few IPO’s which collectively have brought in £6bn.

Internationally, many UK shares are apparently regarded as “cheap” when compared to similar company valuations in domestic exchanges in the USA. Hence circling predators while UK Politicians and Regulators bravely defend the London Stock Exchange by doing absolutely nothing. The incoming Prime Minister has been silent on stock exchange issues and we’ve real concerns if one of the Net Zero cult becomes our next chancellor.

However, the better news came from Thursdays movements on the FTSE, the index ending the session in a position which suggests optimism. Hopefully events in the Middle East don’t introduce an excuse for the FTSE to ruin our near term outlook. From the point at which the market closed, movement above 10,573 has the potential to trigger gains to an initial 10,992 points with our secondary, if exceeded, calculating at 10,640 points.

While these ambitions for gains are relatively modest, above 10,640 is liable to prove instructive, potentially moving the index into a cycle where a long term 11,134 becomes viable.

Our alternative scenario, on the basis the FTSE decides self immolation, suggests weakness below 10,447 points risks triggering reversal to an initial 10,336 points with our secondary, if broken, at 10,203 points. Below such a level will require a good shake of the tea leaves as the FTSE unfortunately, despite the immediate pressures heading upward, is starting to develop more reversal potentials than an Italian tank.

Have a good weekend, probably another Factor 50 one.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:54:24PM	BRENT	8466.1	8324	8216		8565	8596	8663		8411
9:59:24PM	GOLD	3975.21	3969	3949		4007	4043	4071		3089	Success
10:03:39PM	FTSE	10565	10440	10389		10499	10581	10591		10558	‘cess
10:10:59PM	STOX50	6250.2	6202	6176		6242	6295	6329		6254	Success
10:14:01PM	GERMANY	24852.7	24690	24591		24836	24948	25009		24862	‘cess
11:22:11PM	US500	7525.3	7524	7510		7544	7570	7598		7540	Shambles
11:32:01PM	DOW	52515.5	52369	52323		52556	52863	53031		52618
11:35:05PM	NASDAQ	28949.2	28885	28842		29031	29608	29877		29390	‘cess
11:49:45PM	JAPAN	65700	65617	65483		65970	67824	68717		67440

 

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:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:OCDO Ocado Plc** **LSE:SBRY Sainsbury** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Foxtons, Fresnillo, Ocado Plc, Sainsbury, Zoo Digital,

---

LSE:FOXT Foxtons. Close Mid-Price: 39.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. If the share price of Foxtons manages to move BELOW 31.7, ini ……..

Subscribe for more

</p

View Previous Foxtons & Big Picture ***

---

LSE:FRES Fresnillo. Close Mid-Price: 2455 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of FRES share price managing to break below 2426 (obviously, ……..

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***

---

LSE:OCDO Ocado Plc. Close Mid-Price: 159.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Managing to get the share price BELOW 140.3 is the next probl ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

---

LSE:SBRY Sainsbury. Close Mid-Price: 353.6 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. If the price of Sainsbury manages to move ABOVE 354.4, initia ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

---

LSE:ZOO Zoo Digital. Close Mid-Price: 9.75 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Managing to get the share price BELOW 9.25 is the next problem level for ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

---

*** End of “Updated Today”

#Stoxx #Germany We’ve become quite firmly against the concept of wind-power, especially onshore. Suspecting it’s only a great idea for companies who are subsidy junkies, here in Argyll there’s always quite lively resistance every time a new “will be great for the community” planning application crawls from under a rock. Oddly, the current weather, along with the vile winter of 2010, reminds of why wind turbines are a waste of money.  When we REALLY need electricity in times of cold, such as 2010, or in times of air conditioners such as right now, the wind isn’t blowing. The winter of 2010/11 was spectacular, sub-zero for around 12 weeks due to something called a “Blocking High”. There was no wind and our private hydro electric system couldn’t run, due to the brook being frozen. It was a nasty reminder of how “green” initiatives didn’t work, when most needed. Thankfully, we’ve a forest above the garden, loads of trees and plenty of fuel for our wood burning stove.

Currently, with super weather conditions, the brook in the garden is dry and when we look across the sea to wind turbines polluting Ayrshire, they’re all taking a break due to the lack of wind.

In conclusion, for Argyll, green energy repeatedly doesn’t work, when power is needed. At present, there’s a local battle against an initiative to bring 500′ tall wind turbines to the area, the thinking presumably being a bigger turbine will cope with our miserable weather, when it isn’t freezing or boiling. 500 foot tall wind turbines will obviously foul up Argyll’s scenery, even soaring above the hills which almost successfully conceal our nearest town of Dunoon, a place trapped in time, where nothing actually happens. An ongoing joke is the local cinema still plays “Gone With The Wind” on repeat. (though, to be fair, the place is quite nice inside and their goodies prices as shameless as any mainland cinema)

Our conscience clear after admitting our bias against wind farm charlatans, selling products which don’t work when needed, we must concede Greencoat share price is on the edge of becoming interesting. we’ve been able to calculate 108p as a potential trigger level for creating fun days ahead. Perhaps there’s an expectation the newest UK Prime Minister shall introduce a new set of headline grabbing initiatives, allowing movement above 108 to trigger gains to an initial 118 with our secondary, if beaten, at a future 131p. These sort of movements shall doubtless prove quite attractive, giving the threat of a Big Picture 161p providing a distant attraction.

Should things intend go ‘IBM Shaped’ (glance at their share price), below 99p should cause extreme eyebrow action, giving the potential for weakness to an initial 96p with our secondary, if broken, at 90p and perhaps a bottom. Or perhaps not, the Big Picture suggesting bottom should be just above 76p.

This could prove worth watching.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:36:19PM	BRENT	8479.1
11:07:07PM	GOLD	4060.33
11:37:58PM	FTSE	10489
11:40:33PM	STOX50	6287.2	6236	6226	6202	6275	6295	6322	6366	6262
11:43:32PM	GERMANY	25012	24838	24691	24515	25019	25138	25228	25358	25034
11:45:45PM	US500	7575.2
11:48:25PM	DOW	52675									‘cess
11:50:37PM	NASDAQ	29510.7									Shambles

 

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:FRES Fresnillo** **LSE:GENL Genel** **LSE:ITRK Intertek** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Fresnillo, Genel, Zoo Digital,

---

LSE:FRES Fresnillo. Close Mid-Price: 2515 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued weakness against FRES taking the price below 2472 calculates as ……..

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***

---

LSE:GENL Genel. Close Mid-Price: 51.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Genel experiences weakness below 51.4 it calculates with a d ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

---

LSE:ITRK Intertek. Close Mid-Price: 5830 Percentage Change: + 0.00% Day High: 0 Day Low: 0

The next task for Intertek is to get the price above 5840 (not with a fak ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***

---

LSE:ZOO Zoo Digital. Close Mid-Price: 9.75 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Zoo Digital experiences weakness below 9.38 it calculates wi ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

---

*** End of “Updated Today” comments on shares.

#GOLD #NASDAQ We’ve been receiving emails recently relating to a bunch of shares which have proven fairly reliable in paying dividends.  It feels like quite a few folk are more concerned about dividend income, rather than focussing on share price movements. Obviously, it’s the case investors want both things to happen. There’s little point in receiving dividends, if the long term value of your initial investment decreases’ by commensurate amounts and fails to recover.

Thankfully, Ithaca, despite movements this year, do not appear to be following a downward pattern. Quite the opposite, the share price doubtless enjoying the undercurrents of events in the Middle East, wanting to go up, inhibited by global chaos and suffering the same damage common among many shares.

At present, we’d have some concern with share price movement below 220p as this threatens to trigger reversal to an initial 211p with our secondary, if broken, a potential bottom at 185p. Visually, this secondary target has the potential to challenge the Red uptrend since 2024, something which can be viewed as a potential opportunity perhaps. While nothing suggests this may be a risk currently, it’s certainly worth remembering the proximity of the Red line, should Ithaca start some reversals.

However, it feels more probable some gains can be anticipated. Above 242p feels like it has the potential to trigger gains to an initial 257p with our secondary, if bettered, a surprising 294p. This secondary would represent a new all time high, placing the share price in a zone where a future 330p shall be regarded as exerting an attraction.

Fingers crossed.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
11:05:49PM	BRENT	8496.9									‘cess
11:10:09PM	GOLD	4050.8	4014	3995	3926	4060	4101	4120	4166	4043
11:12:55PM	FTSE	10484
11:19:52PM	STOX50	6259.2
11:25:30PM	GERMANY	25046.8
11:28:14PM	US500	7546.8
11:31:08PM	DOW	52561.5									‘cess
11:37:55PM	NASDAQ	29585.7	29342	29123	28879	29445	29720	29788	30016	29498	‘cess
11:43:32PM	JAPAN	68314

 

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:AZN Astrazeneca** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:HSBA HSBC** **LSE:SBRY Sainsbury** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Astrazeneca, EasyJet, Fresnillo, Genel, HSBC, Sainsbury, Zoo Digital,

---

LSE:AZN Astrazeneca. Close Mid-Price: 12364 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event Astrazeneca experiences weakness below 12,328 it calculates ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

---

LSE:EZJ EasyJet. Close Mid-Price: 680 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of EasyJet enjoying further trades beyond 683.8, the share s ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***

---

LSE:FRES Fresnillo. Close Mid-Price: 2595 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Weakness on Fresnillo below 2531 will invariably lead to 2415 ……..

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***

---

LSE:GENL Genel. Close Mid-Price: 52.7 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued weakness against GENL taking the price below 52.1 calculates as ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

---

LSE:HSBA HSBC. Close Mid-Price: 1490 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. In the event of HSBC enjoying further trades beyond 1499, the ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***

---

LSE:SBRY Sainsbury. Close Mid-Price: 347.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

In the event of Sainsbury enjoying further trades beyond 348.1, the share ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

---

LSE:ZOO Zoo Digital. Close Mid-Price: 9.75 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. If Zoo Digital experiences continued weakness below 9.75, it ……..

Subscribe for more

</p

View Previous Zoo Digital & Big Picture ***

---

*** End of “Updated Today” comments on shares

#Gold #Nasdaq It’s the Midge Season here in Argyll, where tourists are told the irritating insects don’t fly, if the wind is above 10kph. And swarms will die off, if the temperature is below 10c. The rain, of course, always stops the insects from biting. Unfortunately, none of this is true, this insect with the fastest wing speed in the world, being able to concentrate on its sole reason for existing, biting people, regardless of the weather conditions. But gullible tourists think the urban myths of wind, temperature, and rain, are true, generally until they go slightly insane chasing the next itchy bit for 48 hours.

Unfortunately, the Midge is not the worst culprit here in Argyll. The really bad one is the “Cleg” – not named after a politician with similar blood sucking ambitions. The “Cleg” needs your blood though it really wants to bite your head off. This particular local vampire insect is capable of leaving a wound which will last for years, each bite ideally needing a wire brush attached to an electric drill to have a chance of getting rid of the itch. Of course, “Clegs” are not a problem, as long as you are nowhere near water, trees, or fresh air. Thankfully, Scotland famously lacks these three elements in any great quantity, aside from the fact they are all over the place. The “Cleg” season is June to September, now impressively active with our local hospital outpatients dealing with folk daily. These are not nice insects and – hot local lore – only a couple of drops of Castor Oil seems to arrest the devastating impact, when one of the things tries to remove a limb. There are frequent reports of the things biting through tight denim jeans.  Neither Midges or Clegs tend be a problem on the sea-shore, neither fond of salt water.

As can be assumed, we seriously detest Clegs. With grand-daughters visiting this coming weekend, their plan of a canoe trip down the local river to the sea, then to paddle along the shoreline to our house, sounds like a great adventure. Except for the Cleg issue which means I shall either spend time in a wetsuit with gloves or, monitor the girls from the shore, safe in an air conditioned car. For some reason, Cleg bites don’t seem to effect children or, perhaps it’s the case the insects only go after the weaker members of the pack in a similar fashion to Lions hunting the oldest, most infirm, antelope in a herd, thus making me their target!

Unfortunately, the foregoing has something to do with the gambling people, Entain Plc. The problem we have is their share price “should not” have closed below 601p and it has managed to pull off this scenario. This makes it one of the weaker members of the herd!  From our perspective, 601p had become an “ultimate low” and share now trading in a zone where a potential bottom price is prefixed with a minus sign. Obviously, such a scenario is impossible though the UK’s newest Prime Minister may table a law with companies forcing investors to take money to buy their shares? We can hope…

Thankfully the share price boasts a Red Line, an obvious uptrend since 15 years ago in 2011 and the market appears to be adhering to this Red line. So perhaps our ultimate bottom calculation at Minus 41p isn’t yet on the table. Below 452p looks like delivering real panic for this share price, so that’s an important number to watch for as investing in running shoes would be a great bet!

However, if the market indeed has a cunning plan, the share price now needs exceed 598p as this, theoretically, has the potential to trigger recovery to an initial 764p with our secondary, if beaten, at 617p. Amazingly, this also dumps the share price in a zone where a longer term 1031p calculates as eventually possible.

Perhaps worth watching, maybe it will actually start to perform.

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
11:05:06PM	BRENT	8332.6								7746
11:08:20PM	GOLD	4001.58	3986	3942	3853	4018	4081	4109	4150	4045
11:15:49PM	FTSE	10489
11:19:13PM	STOX50	6227.1
11:22:14PM	GERMANY	24958.3
11:27:18PM	US500	7503.7
11:39:31PM	DOW	52434.5
11:44:11PM	NASDAQ	29146.4	29142	28892	28571	29282	29584	29701	29892	29184
11:46:47PM	JAPAN	66735

 

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:AZN Astrazeneca** **LSE:ECO ECO (Atlantic) O & G** **LSE:ONT Oxford Nanopore Tech** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Astrazeneca, ECO (Atlantic) O & G, Oxford Nanopore Tech, Sainsbury,

---

LSE:AZN Astrazeneca. Close Mid-Price: 12610 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Weakness on Astrazeneca below 12,546 will invariably lead to ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

---

LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 57.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued trades against ECO with a mid-price ABOVE 58 should improve the ……..

Subscribe for more

</p

View Previous ECO (Atlantic) O & G & Big Picture ***

---

LSE:ONT Oxford Nanopore Tech. Close Mid-Price: 116 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Weakness on Oxford Nanopore Tech below 95.7 will invariably l ……..

Subscribe for more

</p

View Previous Oxford Nanopore Tech & Big Picture ***

---

LSE:SBRY Sainsbury. Close Mid-Price: 343.9 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued trades against SBRY with a mid-price ABOVE 347.3 should improve ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

---

*** End of “Updated Today” comments on shares.

#Brent #SP500 The stock market is all about Risk vs Reward but we didn’t think war could employ similar rules. Currently, Iran appears to have working on how many missiles and drones do they need fire to provoke a change in the price of Crude. It appears the weekend gave them an answer, tossing a few hundred weapons both at maritime and land based targets, successfully provoked an initial 3 dollar gain in the price of crude. Doubtless, the nice folk with their pocket calculators can immediate work out how many new weapons can be purchased for their next assault on the oil price.

To judge by market Futures, world indices don’t currently appear terrorised by Iran’s behaviour, prices heading a bit downward in a motion which feels more like they are acknowledging what happened, rather than running in circles doing headless chicken impersonations. In fact, both UK Crude and US Crude are manoeuvring in a zone which could easily see sharp reversal to 2020 price levels, essentially $57 and $49 respectively. Of course, in this day and age, we’d bet “they” shrink the barrel sizes!

Barclays share price, in line with our report three weeks ago, the share price achieved closure at 529p, just above our initial target of 528p and sufficient to assure we’re following the correct trend. From our perspective, this now means movements above 531p should promote a visit to 584p next with our longer term secondary, if beaten, at a future 610p and almost certain hesitation.

Unfortunately, there’s the risk the share price shall enter the “slow down” dance generated by events in the Middle East. This being the case, below Blue – presently 497p) risks triggering reversal to an initial 477 with our secondary, if broken, at 459p and a potential bounce.

It’s fingers crossed time…

FUTURES

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:16:37PM	BRENT	7845	7685	7554	7378	7855	7910	7968	8064	7804
10:18:35PM	GOLD	4070.53
10:20:14PM	FTSE	10507.5
10:22:12PM	STOX50	6250.3
10:24:31PM	GERMANY	24991.6
10:32:47PM	US500	7551.2	7514	7496	7468	7542	7582	7594	7620	7561
10:35:21PM	DOW	52531
10:39:51PM	NASDAQ	29670.7
11:27:21PM	JAPAN	68763

 

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:CPI Capita** **LSE:EZJ EasyJet** **LSE:HSBA HSBC** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Capita, EasyJet, HSBC, Sainsbury,

---

LSE:CPI Capita. Close Mid-Price: 229 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. If Capita experiences continued weakness below 215, it will i ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

---

LSE:EZJ EasyJet. Close Mid-Price: 672.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Further movement against EasyJet ABOVE 680 should improve acc ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***

---

LSE:HSBA HSBC. Close Mid-Price: 1471 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Continued trades against HSBA with a mid-price ABOVE 1475.8 should improv ……..

Subscribe for more

</p

View Previous HSBC & Big Picture ***

---

LSE:SBRY Sainsbury. Close Mid-Price: 341.5 Percentage Change: + 0.00% Day High: 0 Day Low: 0

Target met. Further movement against Sainsbury ABOVE 344.3 should improve ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

---

*** End of “Updated Today” comments on shares.