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Craneware Plc (LSE:CRW) was trading around 1,180 at the time of writing.

A share carrying the FTSE EPIC CRW immediately reminded us of our regular garden visitor, a crow (or perhaps a raven) we’ve whimsically named Cheryl. As the photograph below shows, Cheryl is easy to recognise thanks to her distinctive white “bra”, which becomes especially noticeable each summer. A birdwatching friend has suggested there may even be a little magpie in her DNA, as the two species are occasionally known to become rather friendly.

We never need much of an excuse to wander away from the often tedious business of stock market movements. Unfortunately, LSE has itself wandered into more worrying territory, with the risk of a flight towards trouble rather than success. We’ve received several emails asking for our thoughts on Craneware Plc (CRW.L), the leading provider of hospital revenue integrity and billing software to the US healthcare sector.

LSE: Craneware

Craneware’s share price chart has taken on a distinctly concerning appearance. At the beginning of July, the price gapped below its long-term uptrend following what was, in effect, a profit warning. Markets rarely react kindly to such events, and Craneware was no exception, with the shares falling around 18% in a single move.

Having broken decisively beneath the long-term trend, we must now accept the possibility of further weakness. A move below 1,000p would strengthen the bearish case, with our initial downside target calculated at 822p. Beyond that, our longer-term secondary objectives lie at 413p and 374p, should selling pressure intensify.

The gap below trend has created an uncomfortable technical picture, making longer-term projections less certain. While a decline towards 822p appears entirely achievable, it does not currently feel especially likely that the lower secondary targets will come into play. Instead, the chart suggests the shares may eventually establish a base somewhere around the 700p level, assuming broader market conditions remain reasonably stable and investors are spared any major economic surprises.

The bullish case now depends on Craneware producing a convincing recovery. Ideally, we would like to see the shares GAP back above the Red trend line, signalling that buyers have regained control.

Should that occur, a move above 1,482p would place the shares into a constructive technical position. Our initial upside objective would then become 1,806p, with a longer-term secondary target calculated at 2,127p.

For now, however, that remains a scenario to hope for rather than expect, simply due to the market opting to gap the price below the trend..

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:38:38PM BRENT 8515.4 8490 8377 8174 8736 8747 8834 8962 8639 Success
11:41:10PM GOLD 4074.28 4049 4020 3988 4094 4116 4128 4163 4088
11:44:05PM FTSE 10789.9 10714 10668 10612 10797 10803 10831 10916 10761 Success
11:11:22PM STOX50 6307.2 6281 6245 6204 6312 6318 6332 6349 6295
11:15:12PM GERMANY 25449.6 25176 25005 24820 25301 25489 25529 25587 25448 Success
11:20:08PM US500 7408.7 7381 7356 7312 7404 7427 7441 7461 7407
11:25:20PM DOW 52208.9 51987 51932 51708 52123 52268 52368 52495 52154 ‘cess
11:29:22PM NASDAQ 27995.8 27789 27155 25991 28126 28103 28129 28242 27980 ‘cess
11:32:18PM JAPAN 63853 63315 62548 60867 63680 64060 64326 64667 63863 ‘cess

 

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:AV. Aviva** **LSE:BARC Barclays** **LSE:BME B & M** **LSE:HSBA HSBC** **LSE:ITRK Intertek** **LSE:PHP Primary Health** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **LSE:STAR Star Energy** **

********

Updated charts published on : Asos, Barclays, B & M, HSBC, Intertek, Primary Health, Spirax, Standard Chartered, Star Energy,

LSE:ASC Asos. Close Mid-Price: 371.5 Percentage Change: + 0.00% Day High: 380 Day Low: 347.5

Target met. The next task for Asos is to get the price above 380p (not wi ……..

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LSE:AV. Aviva. Close Mid-Price: 687.6 Percentage Change: + 0.00% Day High: 698.8 Day Low: 687.6

Further movement against Aviva ABOVE 698.8 should improve acceleration to ……..

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LSE:BARC Barclays. Close Mid-Price: 530.4 Percentage Change: + 0.00% Day High: 538.3 Day Low: 528.9

Target met. Simply managing to get the share price above 538.3 is the nex ……..

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LSE:BME B & M. Close Mid-Price: 219 Percentage Change: + 0.00% Day High: 223 Day Low: 214.2

Target met. Simply managing to get the share price above 223p is the next ……..

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LSE:HSBA HSBC. Close Mid-Price: 1551 Percentage Change: + 0.00% Day High: 1568 Day Low: 1548.6

Target met. In the event of HSBA share price managing to exceed 1568p (pl ……..

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LSE:ITRK Intertek. Close Mid-Price: 5835 Percentage Change: + 0.00% Day High: 5845 Day Low: 5820

In the event of Intertek enjoying further trades beyond 5845, the share s ……..

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LSE:PHP Primary Health. Close Mid-Price: 95.85 Percentage Change: + 0.00% Day High: 96.3 Day Low: 94.75

The next task for Primary Health is to get the price above 96.3p (not wit ……..

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LSE:SPX Spirax. Close Mid-Price: 6985 Percentage Change: + 0.00% Day High: 7225 Day Low: 6985

Target met. Simply managing to get the share price above 7225p is the nex ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 2136 Percentage Change: + 0.00% Day High: 2174 Day Low: 2133

Continued trades against STAN with a mid-price ABOVE 2174 should improve ……..

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LSE:STAR Star Energy. Close Mid-Price: 23 Percentage Change: + 0.00% Day High: 24 Day Low: 21

Target met. Simply managing to get the share price above 24p is the next ……..

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

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Lloyds Banking Group (LSE:LLOY) was trading around 113.50 at the time of writing.

#Brent #Dax Here in Argyll, there’s a local legend about a giant black cat. Of course, almost every corner of the UK seems to claim ownership of mysterious wild creatures—usually spotted just long enough to alarm a few tourists before disappearing into the landscape. Inevitably, the evidence amounts to little more than distant, grainy footage which briefly reaches the national news before being dismissed with predictable scepticism.

This time was different.

We happened to be in exactly the right place, armed with a decent camera, excellent lighting conditions, and a convenient point of reference: the 63cm-high holly tree stump at the top of the garden. Perched upon it was an enormous black cat, glaring down at the lawn where our ravens were enthusiastically demolishing some bread under the watchful eye of their self-appointed guardian—a rather bemused Golden Retriever.

The cat appeared to decide that remaining perfectly still was its best strategy, giving me enough time to fetch a proper camera. The resulting photograph is shown below. With the animal sitting level with the 63cm stump, it becomes possible to judge its scale. In simple terms, it was roughly the size of a Labrador, making it worthy of the title of “Big Cat”.

Other photographs taken that day reveal an animal with a distinctly intimidating stare—certainly not something you’d willingly turn your back on—but this image, at last, provides a sense of scale for one of Argyll’s enduring local legends.

Talking of large black animals, we turn to the Black Horse. Unfortunately for Lloyds Banking Group, its share price continues to struggle beneath our 115.4p trigger level. Much like our elusive feline, the Black Horse has spent most of July hidden in the undergrowth, refusing to emerge.

For Lloyds Banking Group Plc, the technical picture now suggests the shares need to trade above 115.95p intraday—or preferably achieve a daily close above 115.4p—to indicate the Black Horse is finally ready for a gallop.

Should that occur, we would expect an initial move towards 122p. Beyond this, our secondary target remains 132p, where we would anticipate some hesitation. From a broader, long-term perspective, however, the more significant level continues to be a distant 153p, a price which has exerted considerable influence over trading patterns since 2015.

Conversely, if events take a turn for the worse, a daily close below 108p would materially weaken the technical outlook. Such a move could trigger declines towards an initial target of 104p, followed by 100p. We would, however, expect the 100p region to attract buying interest and potentially provide the basis for a meaningful rebound.

 

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
1:26:42PM BRENT 9264 9032 9030 8733 8230 9954 11636 12296 8834
1:28:34PM GOLD 4052.5
2:52:28PM FTSE 10724.4
3:03:47PM STOX50 6264.5
4:00:24PM GERMANY 25073 24900 24806 24697 25030 25133 25202 25372 24900
4:02:48PM US500 7408.3
4:05:52PM DOW 51899.8
4:08:07PM NASDAQ 28150.4
4:11:51PM JAPAN 64217

 

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:ECO ECO (Atlantic) O & G** **LSE:HSBA HSBC** **LSE:SCLP Scancell** **LSE:STAR Star Energy** **

********

Updated charts published on : Centrica, ECO (Atlantic) O & G, HSBC, Scancell,

LSE:CNA Centrica. Close Mid-Price: 163 Percentage Change: + 0.00% Day High: 163.65 Day Low: 157.6

If the share price of Centrica manages to move BELOW 157.6, initial DOWN ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 61 Percentage Change: + 0.00% Day High: 61.8 Day Low: 59.2

In the event of ECO share price managing to exceed 61.8p (please, not an ……..

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LSE:HSBA HSBC. Close Mid-Price: 1552 Percentage Change: + 0.00% Day High: 1552.8 Day Low: 1524.2

Simply managing to get the share price above 1552.8 is the next hurdle fo ……..

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LSE:SCLP Scancell. Close Mid-Price: 9.4 Percentage Change: + 0.00% Day High: 10.5 Day Low: 9.39

Target met. If the share price of Scancell manages to move BELOW 9.39p, i ……..

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LSE:STAR Star Energy. Close Mid-Price: 21 Percentage Change: + 0.00% Day High: 22 Day Low: 20.75

In the event of STAR share price managing to exceed 22p (please, not an i ……..

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

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Our Fabulous FTSE for FRIDAY (FTSE:UKX), trading around 10639 at the time of writing.

#FTSE #Formula1 Our £200 Aldi robot lawnmower finally provoked complete betrayal, the little red tractor finding itself listed on Gumtree, surplus to requirements and in “fair” working order (aka the brakes don’t work). To sweeten the deal, our self propelled lawnmower is free with the tractor. Absurdly, this is all due to a garden robot which has is equipped with a 7 inch blade, replacing the tractor which has 38 inch blades! The thing we’d realised is the robot mower’s job isn’t to just cut the grass, a task we’d generally tackle with the tractor every week or two. Instead, the little robot comes out of its garage every couple of days, spending around 6 hours wandering aimlessly on the grass, essentially providing an ongoing manicure. The grass literally never gets the chance to grow and our lawn has never looked better. The secret to a perfect lawn appears to be avoiding the grass growing to the point where it needs cut. Instead, rather obviously, a little robot doing regular pedicures does the job perfectly. If only Gillette or Wilkinson Sword would invent a razor for blokes, a little robot which wandered around the face while you slept!

 

Obviously, we’ve a dodgy simile between the foregoing and the FTSE, though in this instance, we’re referring to it as Big Picture and Near Term. Big Picture on the market is effectively a break between grass cuts, whereas Near Term is… near term. We keep an eye on these markers as when Near Term and Big Picture targets coincide, this is generally a point from which some larger market movements can be anticipated.

For the FTSE, the current Big Picture looks like the chart below.

At present, there is a strong Big Picture suggestion movement above 10716 points on the FTSE should generate traffic to an initial 10797 points with our secondary, if beaten, calculating at a longer term 0832 points. It’s not the worst scenario, allowing a stop loss with 10640 points.

Our alternate reversal scenario if a little less pleasant, suggesting below 10610 points could trigger reversals to an initial 10589 points with our secondary, if broken, at 10458 points. Oddly, due to this little dance being enacted within trend lines, the stop loss level for a short position is also at 10640 points!

But from a near term perspective, things become interesting. Apparently, above 10665 points has the potential to trigger movement to a fairly tame 10,699 points. But our secondary, if such a level is exceeded, calculates at 10800 points, just three points away from a Big Picture target. The underlying suggestion is of “something” being due to occur on the FTSE.

From a near term reversal stance, there is a risk below 10611 points shall promote reversal to an initial 10589 with our secondary, if broken, at 10458 points. We are not confident this reversal scenario shall prove viable but if triggered, the tightest stop is 10660 points.

For Friday, we’re inclined toward some optimism for the FTSE, though market futures at time of writing disagree.

Time will tell. Have a good weekend and enjoy the Grand Prix from Hungary, sometimes a good race. Maybe Louis Hamilton shall be treated fairly…

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:05:59PM BRENT 9406 9278 9007 8684 9410 9945 10040 10730 9682 ‘cess
11:13:20PM GOLD 4048.52 4039 3996 3940 4071 4165 4178 4252 4103 Success
11:10:07PM FTSE 10608.8 10591 10518 10437 10648 10621 10652 10736 10585
11:14:03PM STOX50 6213.1 6204 6194 6149 6232 6232 6247 6265 6206 Success
11:17:46PM GERMANY 24775.3 24690 24604 24384 24800 24878 24934 25015 24751 ‘cess
11:21:21PM US500 7414.9 7397 7388 7342 7423 7423 7442 7464 7402 Shambles
11:48:32PM DOW 51692.3 51534 51416 51053 51734 51882 51960 52102 51671 Success
11:51:15PM NASDAQ 28544.4 28271 28196 27866 28513 28718 28900 29109 28491 Success
11:57:43PM JAPAN 65375 64946 64840 63931 65282 65937 66394 66885 65548

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:AV. Aviva** **LSE:BME B & M** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:SCLP Scancell** **

********

Updated charts published on : B & M, Centrica, ECO (Atlantic) O & G, Genel, Gulf Keystone, Scancell,

LSE:AV. Aviva. Close Mid-Price: 683.6 Percentage Change: + 0.00% Day High: 687 Day Low: 679.4

The next task for Aviva is to get the price above 692.8 (not with a fake s ……..

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LSE:BME B & M. Close Mid-Price: 212.2 Percentage Change: + 0.00% Day High: 217.4 Day Low: 212

Target met. If the price of B & M manages to move ABOVE 217.4, initial UP ……..

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LSE:CNA Centrica. Close Mid-Price: 161.4 Percentage Change: + 0.00% Day High: 175.75 Day Low: 161

In the event of CNA share price managing to break below 161p (obviously, ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 60 Percentage Change: + 0.00% Day High: 60.6 Day Low: 58.2

If the price of ECO (Atlantic) O & G manages to move ABOVE 60.6p, initial ……..

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LSE:GENL Genel. Close Mid-Price: 52.2 Percentage Change: + 0.00% Day High: 52.2 Day Low: 50.8

If Genel intends to relax, the price needs to get below 50.8p (but ignore ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 179.4 Percentage Change: + 0.00% Day High: 179.4 Day Low: 174.6

Target met. Further movement against Gulf Keystone ABOVE 179.4 should imp ……..

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LSE:SCLP Scancell. Close Mid-Price: 10.75 Percentage Change: + 0.00% Day High: 12.9 Day Low: 10

Managing to get the share price BELOW 10p is the next problem level for S ……..

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

Posted on

The Renewables Infrastructure Group (LSE:TRIG) was trading around 75.10p at the time of writing.

#Gold #DowJones Our low opinion remains of the subsidy junkie “green” energy sector, TRIG with a share price around 75p being the most recent one we’ve been asked to review.  The Renewables Infrastructure Group (TRIG), a British investment trust, is dedicated to investments in assets capable of generating electricity from renewable sources. We remain extremely cynical about the entire Green sector, suspecting it remains a bubble of methane gas, not something particularly attractive.

From a near term techie perspective, TRIG requires to trade below 70p to risk promoting reversal down to an initial 67p. Our secondary, should such a level break, works out down at 65p, along with a chance of a rebound.

 

Our alternate scenario is a bit more interesting.

Above just 76p looks capable of triggering share price recovery to an initial 88p with our secondary, if bettered, calculating at a longer term 95p. In this instance, the initial target is, from our perspective, the more important price level as closure above 88p opens the door for a Big Picture initiative, one which presents a long term 116p as a viable ambition. Perhaps the newest UK Prime Minister has some clever ideas to throw more money at the Green sector, gifting him more Karma points as he mingles insignificantly on the world stage.

However, despite our negative fundamental view of the industry, the technical picture currently suggests TRIG’s share price may have further upside ahead.

 

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:43:57PM BRENT 9275.1
10:53:30PM GOLD 4122.03 4105 4087 4061 4125 4138 4150 4212 4105 ‘cess
11:03:25PM FTSE 10698.5 Success
11:11:20PM STOX50 6298.8 ‘cess
11:21:57PM GERMANY 25109.7 ‘cess
11:26:57PM US500 7481.6
11:29:26PM DOW 52166.8 51869 51785 51590 52116 52511 52637 52923 52215
11:32:23PM NASDAQ 28888.8 Shambles
11:37:23PM JAPAN 66222 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:AML Aston Martin** **LSE:AV. Aviva** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:PHP Primary Health** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Aviva, Gulf Keystone, HSBC, Marks and Spencer, Natwest, Spirax, Standard Chartered,

LSE:AML Aston Martin. Close Mid-Price: 35.28 Percentage Change: + 0.00% Day High: 36.2 Day Low: 34.84

If the share price of Aston Martin manages to move BELOW 34.84p, initial ……..

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LSE:AV. Aviva. Close Mid-Price: 688 Percentage Change: + 0.00% Day High: 692.8 Day Low: 676

Target met. The next task for Aviva is to get the price above 692.8 (not ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 175.6 Percentage Change: + 0.00% Day High: 176.6 Day Low: 173

If the price of Gulf Keystone manages to move ABOVE 176.6, initial UP tar ……..

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LSE:HSBA HSBC. Close Mid-Price: 1541 Percentage Change: + 0.00% Day High: 1543 Day Low: 1504.4

Target met. The next task for HSBC is to get the price above 1543p (not w ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 396.6 Percentage Change: + 0.00% Day High: 403 Day Low: 394.4

All Marks and Spencer needs are mid-price trades ABOVE 403 to improve acc ……..

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LSE:NWG Natwest. Close Mid-Price: 684.6 Percentage Change: + 0.00% Day High: 689.4 Day Low: 677.4

Simply managing to get the share price above 689.4 is the next hurdle for ……..

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LSE:PHP Primary Health. Close Mid-Price: 94.9 Percentage Change: + 0.00% Day High: 95.35 Day Low: 93.3

In the event of PHP share price managing to exceed 95.35 (please, not an ……..

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LSE:SPX Spirax. Close Mid-Price: 7030 Percentage Change: + 0.00% Day High: 7100 Day Low: 6825

Target met. The next task for Spirax is to get the price above 7100p (not ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 2155 Percentage Change: + 0.00% Day High: 2166 Day Low: 2101

Simply managing to get the share price above 2166p is the next hurdle for ……..

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*** End of “Updated Today” comments

Posted on

London Stock Exchange Group (LSE:LSEG) was trading around 8,600p at the time of writing.

#FTSE #Stoxx The London Stock Exchange (LSE) has recently faced significant challenges, particularly due to a wave of takeover bids that have seen companies acquired at substantial premiums above their current share prices. A striking example is EasyJet, whose takeover bid values the company at an 81% premium over its traded price. While this is undoubtedly positive news for shareholders, it also means that valuable companies are disappearing from the FTSE 250 index, weakening the diversity and appeal of the exchange’s listings.

LSEG’s Strategic Move: Launching 24-Hour Trading

In response to these pressures, the London Stock Exchange Group (LSEG) is taking proactive steps to revitalize investor interest. The group plans to introduce a new trading platform, LSE24, which will operate 24 hours a day, five days a week. This initiative aims to compete with the growing popularity of cryptocurrency markets and more dynamic overseas exchanges by offering continuous trading opportunities.

Importantly, LSE24 will function independently from the existing LSE Main Market, which will maintain its current trading hours. The new platform is expected to launch in early 2027, marking a significant evolution in the LSE’s approach to market engagement.

Potential Impact on LSEG Share Price

The introduction of LSE24 could provide a much-needed boost to LSEG’s share price, which has struggled to recover from the market disruptions experienced since 2020. Currently, the share price sits below 8000p, a critical support level. If this level fails to hold, the price could fall to 7286p, with a further decline to 6312p possible if that support is breached.

On the upside, a move above 8750p could trigger a positive momentum, initially targeting 8866p. Should this resistance be overcome, the share price may advance further to 9139p. A sustained close above 9139p would open the door to a more substantial rally, potentially reaching 10408p and beyond.

Investors and market watchers should keep a close eye on these key price levels as the LSE embarks on this new chapter. The success of the 24-hour trading platform could be pivotal in restoring confidence and attracting renewed interest to the UK’s flagship stock exchange.

 

 

FUTURES

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:04:55PM BRENT 9013.4 ‘cess
10:11:06PM GOLD 4078.65 Success
10:19:39PM FTSE 10598.2 10507 10485 10443 10566 10612 10653 10723 10577 Success
10:24:14PM STOX50 6290.8 6237 6214 6187 6270 6295 6305 6338 6242 Success
10:27:46PM GERMANY 25064 Success
10:32:58PM US500 7507.4 Success
10:36:38PM DOW 52216.8
10:40:08PM NASDAQ 29130.2 ‘cess
10:44:47PM JAPAN 67108 Success

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:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:MKS Marks and Spencer** **LSE:SPX Spirax** **LSE:STAR Star Energy** **LSE:ZOO Zoo Digital** **

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Updated charts published on : ECO (Atlantic) O & G, Gulf Keystone, Marks and Spencer, Spirax, Star Energy, Zoo Digital,

LSE:AZN Astrazeneca. Close Mid-Price: 12492 Percentage Change: + 0.00% Day High: 12536 Day Low: 12212

If Astrazeneca intends to relax, the price needs to get below 12,212 (but ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 57.4 Percentage Change: + 0.00% Day High: 58.2 Day Low: 56.6

Simply managing to get the share price above 58.2p is the next hurdle for ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 171 Percentage Change: + 0.00% Day High: 171.6 Day Low: 163

This is almost interesting as above 172 should promote the idea of a visit ……..

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LSE:HSBA HSBC. Close Mid-Price: 1509 Percentage Change: + 0.00% Day High: 1509.4 Day Low: 1477

If the price of HSBC manages to move ABOVE 1509.4, initial UP target beco ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 398.3 Percentage Change: + 0.00% Day High: 400.4 Day Low: 377.4

Target met. In the event of MKS share price managing to exceed 400.4p (pl ……..

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LSE:SPX Spirax. Close Mid-Price: 6875 Percentage Change: + 0.00% Day High: 6900 Day Low: 6780

Above 6960 should now trigger movement to an initial 7058 with our seconda ……..

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LSE:STAR Star Energy. Close Mid-Price: 20 Percentage Change: + 0.00% Day High: 21 Day Low: 19.5

The next task for Star Energy is to get the price above 21p (not with a f ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 9.25 Percentage Change: + 0.00% Day High: 9.5 Day Low: 8.75

Target met. If the share price of Zoo Digital manages to move BELOW 8.75, ……..

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A happy share, Greggs Plc (LSE: GRG) was trading around 1,580p at the time of writing.

#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** **

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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

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NatWest Group Plc (LSE:NWG) was trading around 669.40p at the time of writing.

#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** **

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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 ……..

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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 ……..

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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 ……..

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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 ……..

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