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Our famed FTSE for FRIDAY (FTSE:UKX)

#FTSE #GOLD  For some reason, since May 10th the FTSE feels like it has decided to stop useful movement. To judge by the immediate uptrend, it looks like we’re supposed to believe everything is about to go wrong, the FTSE piercing the red uptrend line. As always, we’ve got a “however” we can wheel out and and dust off as we’re not entirely convinced by the market hesitation.

With the shambolic UK political situation managing to echo the USA with the none of the leaders or prospective leaders covering themselves in glory, it’s difficult to believe FTSE behaviour can be influenced by political promises and rumours. Perhaps this shall change, once the UK discovers the courage to actually call an election and once this kicks off, it’ll doubtless only be a matter of days before one of the UK protagonists looks at America and comes out with a good idea, building a big wall down the middle of the English Channel or resurrecting some of the WW2 invasion defences on the southern shoreline of the UK…

Whatever the real reason for the current FTSE hiatus, our inclination is to suspect we’re simply watching a “pause for thought” on a market which has underlying upward force. About the biggest danger (aside from world events) faced still looks like Brent Crude wants to retreat to the $77 level. Obviously, should this occur, a knock-on effect against the price of oil sector shares shall doubtless provoke a stall on the FTSE but until oil makes its move downward, we’re not holding our breath.

 

Near term, it feels like above 8471 points should next trigger FTSE growth to an initial 8495 points with our secondary, if bettered, at 8527 points. Should this scenario kick into life, the tightest stop loss level is almost too attractive at just 8450 points.

Our converse scenario is equally tight, reversals below just 8417 risking triggering a drop to an initial 8384 points with our secondary, if broken, at a nearby 8368 points. The close proximity of these target levels suggest some sort of surprise bounce should be expected.

 

As the month continues, one interesting feature is making itself known and that’s the “ruling target” level, a number which has been repeatedly calculated just above the 8600 level. Finally, we managed to retrieve the same answer against several different scenario and it’s giving 8663 points as the overall point of interest on the current cycle, a market level where some volatility can be expected. Hopefully it’s not caused by rioting outside the BBC, when they next televise the newest terrible Dr Who production.

Have a good weekend and enjoy the Grand Prix.

,

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:40:56PM BRENT 8328 8282 8095 7736 8380 8320 8355 8401 8290 ‘cess
10:44:00PM GOLD 2376.01 2371 2361 2349 2384 2399 2407 2426 2380 ‘cess
10:54:06PM FTSE 8423.1 8420 8398 8370 8440 8458 8480 8505 8438 ‘cess
10:57:41PM STOX50 5048.4 5053 5044 5034 5071 5093 5102 5173 5073 ‘cess
11:02:14PM GERMANY 18678.5 18680 18653 18592 18757 18763 18794 18832 18712 ‘cess
11:06:15PM US500 5296 5292 5287 5274 5313 5326 5356 5418 5292
11:08:43PM DOW 39864.5 39844 39814 39733 39980 40057 40084 40164 39965
11:11:54PM NASDAQ 18548 18542 18521 18495 18594 18654 18700 18753 18584
11:13:58PM JAPAN 38539 38525 38400 38208 38635 38641 38684 38738 38575 ‘cess

 

16/05/2024 FTSE Closed at 8438 points. Change of -0.08%. Total value traded through LSE was: £ 5,669,902,118 a change of -17.37%
15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of -100%. Total value traded through LSE was: £ 7,799,424,670 a change of 0%

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:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:NG. National Glib** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Foxtons, Hargreaves Lansdown, IG Group, IQE, National Glib, Scottish Mortgage Investment Trust, Standard Chartered,

LSE:FOXT Foxtons Close Mid-Price: 67.2 Percentage Change: -1.75% Day High: 69.6 Day Low: 67

Target met. Further movement against Foxtons ABOVE 70p should improve acce ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 903.2 Percentage Change: + 0.20% Day High: 905.8 Day Low: 880

Target met. All Hargreaves Lansdown needs are mid-price trades ABOVE 905. ……..

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LSE:IGG IG Group. Close Mid-Price: 791.5 Percentage Change: + 0.38% Day High: 794.5 Day Low: 789

Further movement against IG Group ABOVE 794.5 should improve acceleration ……..

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LSE:IQE IQE Close Mid-Price: 32.25 Percentage Change: -0.15% Day High: 33.25 Day Low: 31.65

Further movement against IQE ABOVE 33.25 should improve acceleration towa ……..

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LSE:NG. National Glib. Close Mid-Price: 1142.5 Percentage Change: + 0.53% Day High: 1144.5 Day Low: 1133.5

All National Glib needs are mid-price trades ABOVE 1144.5 to improve acce ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 894.6 Percentage Change: -0.25% Day High: 901.6 Day Low: 891

Further movement against Scottish Mortgage Investment Trust ABOVE 901.6 s ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 785.8 Percentage Change: + 1.50% Day High: 796 Day Low: 772.8

Target met. All Standard Chartered needs are mid-price trades ABOVE 796 t ……..

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

Posted on

Genedrive Plc (LSE:LGEN) at around 1.95 currently and close to bottom?

#Brent #Gold  Before launching into a diatribe about Genedrive in answer to a few emails, her in Argyll a surprise awaited when the bedroom curtains were opened. A massive cruise liner was parked outside, languishing in the grey and miserable weather. We often get mini cruise ships but the ship photographed below was big but thankfully not of the design which reminds of 1970’s council flats, just tarted up garishly to look modern, usually sprouting unlikely tubes which passengers use to convey themselves from one swimming pool to another lower deck pool. The ship outside was for another type client as it was called ‘Spirit of Adventure’ from Saga. And to underline the cliché of the visit, the passengers were visiting a local botanical garden and estate.

It certainly appears the cruise industry is back at work, so we shall issue an update on Carnival (LSE:CCL) next week as this was maybe an omen. This monster arrived silently, spent the day, and left silently on the outgoing tide.

 

A few years ago, when we reviewed Genedrive, somehow or other we plucked a share price of 41p out of the ether, suggesting if the share managed to close a session below 41p, trouble probably lay ahead. This was a shame, especially as the company make and sell real products, rather than being in the pharmaceutical speculation industry with values based entirely on whatever investors think on any given day. But in September 2021, the price indeed closed below 41p, opening an arithmetic argument which didn’t foresee a great future.

The situation now is a little bit troubling as the Big Picture allows for a share price bottom at just 1.49p, a target level the share price has floated above during the most recent four sessions. We can express a vague hope of a bounce being due, if only because price movements have not hit our projected “ultimate bottom” of 1.49p and perhaps this gives the potential of a bounce anytime soon. We’re not exactly oozing confident, thinking the share price is a candidate for the market to discover an excuse to gap it up one day at the open, ideally above 3p, as this has the potential to start some real recovery.

We’d certainly advocate some caution with the target numbers we’re about to present as the visuals don’t suggest taking any rise seriously until the price exceeds the Blue downtrend on the chart. Currently, this line is at 5.5p, substantially above our theoretical trigger level of 3p.

And so, without further hesitation, our software is currently hinting above 3p should head for an initial target level at 8.8p. Our longer term secondary is being presented at 11.8p, along with a warning to anticipate some hesitation at such a target level. While we do have targets above such a point, we think it would be wisest to revisit the share and analyse what’s happened, rather than believe the current near 10 fold gain shall prove an accurate prediction. While our software doesn’t have a sense of humour, we’ve learnt to take sizeable gain potentials with caution. But strangely, when we’re talking about drops, things can prove quite accurate.

For now, Genedrive Plc appear worth keeping an eye on.

,

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:05:37PM BRENT 8275.9 8095 8086 7966 8200 8296 8365 8455 8248 ‘cess
11:08:36PM GOLD 2387.95 2352 2341 2324 2374 2391 2399 2409 2377 Success
11:11:31PM FTSE 8423.2 ‘cess
11:13:43PM STOX50 5097.8 ‘cess
11:15:40PM GERMANY 18889.3
11:18:09PM US500 5308.6 ‘cess
11:22:02PM DOW 39894.5 Success
11:26:03PM NASDAQ 18607 ‘cess
11:28:45PM JAPAN 38739 ‘cess

 

15/05/2024 FTSE Closed at 8445 points. Change of 0.2%. Total value traded through LSE was: £ 6,861,663,966 a change of 1.88%
14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of -100%. Total value traded through LSE was: £ 6,519,396,072 a change of 0%

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:CAR Carclo** **LSE:EXPN Experian** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IDS International Distribution** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:NWG Natwest** **

********

Updated charts published on : Carclo, Experian, Foxtons, Gulf Keystone, Glencore Xstra, Hargreaves Lansdown, International Distribution, IG Group, IQE, Lloyds Grp., National Glib, Natwest,

LSE:CAR Carclo. Close Mid-Price: 14.5 Percentage Change: + 11.54% Day High: 15 Day Low: 13.1

Further movement against Carclo ABOVE 15 should improve acceleration towa ……..

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LSE:EXPN Experian. Close Mid-Price: 3752 Percentage Change: + 8.13% Day High: 3796 Day Low: 3602

Target met. Further movement against Experian ABOVE 3796 should improve a ……..

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LSE:FOXT Foxtons. Close Mid-Price: 68.4 Percentage Change: + 0.59% Day High: 69 Day Low: 68

All Foxtons needs are mid-price trades ABOVE 69 to improve acceleration t ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 130.2 Percentage Change: -3.91% Day High: 140.4 Day Low: 130.6

Continued trades against GKP with a mid-price ABOVE 140.4 should improve ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 487.9 Percentage Change: -0.93% Day High: 498.9 Day Low: 485.55

Continued trades against GLEN with a mid-price ABOVE 498.9 should improve ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 901.4 Percentage Change: + 2.78% Day High: 897.4 Day Low: 872.8

Further movement against Hargreaves Lansdown ABOVE 897.4 should improve a ……..

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LSE:IDS International Distribution. Close Mid-Price: 314.8 Percentage Change: + 15.99% Day High: 335 Day Low: 271.2

Target met. Further movement against International Distribution ABOVE 335 ……..

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LSE:IGG IG Group. Close Mid-Price: 788.5 Percentage Change: + 1.15% Day High: 790.5 Day Low: 782

In the event of IG Group enjoying further trades beyond 790.5, the share ……..

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LSE:IQE IQE. Close Mid-Price: 32.3 Percentage Change: + 1.25% Day High: 33 Day Low: 31.75

In the event of IQE enjoying further trades beyond 33, the share should e ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 54.5 Percentage Change: -0.07% Day High: 54.8 Day Low: 54.26

All Lloyds Grp. needs are mid-price trades ABOVE 54.8 to improve accelera ……..

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LSE:NG. National Glib. Close Mid-Price: 1136.5 Percentage Change: + 1.52% Day High: 1140.5 Day Low: 1123.5

Continued trades against NG. with a mid-price ABOVE 1140.5 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 326.4 Percentage Change: + 0.87% Day High: 328.1 Day Low: 325.1

Target met. In the event of Natwest enjoying further trades beyond 328.1, ……..

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

Posted on

Legal and General Plc (LSE:LGEN) at around 245.2 currently.

#FTSE #Stoxx  Generally, the ability to play a few instruments (poorly) gives an air of confidence, one which was generally topped up with the old Ken Bruce ‘Popmaster’ radio quiz. While in a waiting room for an appointment, folk were talking about music and someone mentioned “The Ketchup Song” as an example of how European music can be fun and enjoyable. Admitting I’d never heard of the song title, now I know what a moth in a spotlight feels like. Patiently, it was explained the track was around 20 years ago and had hit the top of the charts throughout Europe and most other places.

While hanging my head in shame, another of the folk waiting for their appointment found and played the tune of their phone, once again forcing an admission that not only the song title was new to me but I’d literally never heard the track or, if I had, it hadn’t registered. Needless to say, “The Ketchup Song” had an associated dance which another of the attendees tried to enact from her seat. All things considered, it was probably one of the strangest experiences in a hospital waiting room, especially as one of the nurses wanted to hear it again. Returning home, it was inevitable I’d pick up a guitar to try and sort out the melody in preparation for ambushing my grand-daughters next weekend. But when I told their mum, it transpires the girls know the tune, know the words, and can do the dance, despite it charting 11 years before the eldest was even born. My only defence was my own daughter was aghast I’d never come across the track as she’d assumed I already could play it, just chose not to.

 

This has quite a lot to do with Legal and General, a share we’ve not really had the need to discuss for almost a couple of years but a brief panic over a comment on Twitter made us wonder if this was going to a a “Ketchup Song” moment, discovering the share had run amok without us noticing. Thankfully, it hadn’t but provided a sharp reminder for the reason we scan so many major shares on a daily basis in the hope of spotting an action before it happens.

Currently, Legal and General continues to tread its path in the valley between optimism and pessimism, seemingly unaware of movements being made across the wider FTSE. In fact, the current share price is almost exactly 50% of the value between the pre-pandemic high and the pandemic drop of 2020, this despite the retail banks now showing an almost reasonable effort to make themselves interesting again. Perhaps it shall be the case where LGEN shall prove to be a sleeper, though to be honest, aside from the usual Pandemic misbehaviour, LGEN has been slumbering since 2014.

Visually, the immediate situation looks quite straightforward as LGEN only need exceed 260p to hopefully start a track in the direction of 306p initially. Closure above 306p should provide a major clue for the longer term, moving the price into a region where a cycle to a future 329p calculates as possible, a new all time high and a price level at which a distant 393p is supposed to be exerting an influence.

Should things intend go wrong, below 230p looks difficult, capable of triggering reversal to an initial 210p with secondary, if broken, down at a visually unlikely 176p and hopefully a rebound.

 

,

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:40:09PM BRENT 8262
9:42:48PM GOLD 2356 ‘cess
9:45:28PM FTSE 8439.7 8394 8368 8340 8418 8453 8472 8498 8426
9:48:49PM STOX50 5089.9 5068 5057 5044 5079 5096 5104 5121 5080 ‘cess
9:51:59PM GERMANY 18763 ‘cess
9:55:22PM US500 5244.3
9:58:21PM DOW 39557.8 ‘cess
10:01:19PM NASDAQ 18311 ‘cess
10:03:57PM JAPAN 38589 Success

 

14/05/2024 FTSE Closed at 8428 points. Change of 0.17%. Total value traded through LSE was: £ 6,735,233,272 a change of 43.21%
13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of 1.22%. Total value traded through LSE was: £ 6,519,396,072 a change of 33.86%
3/05/2024 FTSE Closed at 8213 points. Change of -100%. Total value traded through LSE was: £ 4,870,153,173 a change of 0%

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:BARC Barclays** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITV ITV** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **

********

Updated charts published on : Barclays, Genel, Gulf Keystone, Glencore Xstra, British Airways, IG Group, ITV, Music Magpie, Natwest, Standard Chartered, Tullow,

LSE:BARC Barclays. Close Mid-Price: 217.2 Percentage Change: + 1.24% Day High: 218 Day Low: 213.75

Target met. Further movement against Barclays ABOVE 218 should improve ac ……..

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LSE:GENL Genel. Close Mid-Price: 94.3 Percentage Change: + 1.73% Day High: 95.3 Day Low: 92.3

All Genel needs are mid-price trades ABOVE 95.3 to improve acceleration t ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 135.5 Percentage Change: + 6.44% Day High: 135 Day Low: 128.7

Further movement against Gulf Keystone ABOVE 135 should improve accelerat ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 492.5 Percentage Change: + 3.60% Day High: 490.8 Day Low: 475.15

Further movement against Glencore Xstra ABOVE 490.8 should improve accele ……..

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 877 Percentage Change: + 1.86% Day High: 882 Day Low: 857

Target met. Continued trades against HL. with a mid-price ABOVE 882 shoul ……..

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LSE:IAG British Airways Close Mid-Price: 184.1 Percentage Change: -1.26% Day High: 187.45 Day Low: 184.25

In the event of British Airways enjoying further trades beyond 187.45, t ……..

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LSE:IGG IG Group Close Mid-Price: 779.5 Percentage Change: -0.26% Day High: 786 Day Low: 778.5

Continued trades against IGG with a mid-price ABOVE 786 should improve th ……..

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LSE:ITV ITV. Close Mid-Price: 79.2 Percentage Change: + 2.92% Day High: 79.1 Day Low: 77.05

Continued trades against ITV with a mid-price ABOVE 79.1 should improve t ……..

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LSE:MMAG Music Magpie. Close Mid-Price: 5.5 Percentage Change: + 0.00% Day High: 5.5 Day Low: 5

Target met. Continued weakness against MMAG taking the price below 5 calc ……..

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LSE:NWG Natwest. Close Mid-Price: 323.6 Percentage Change: + 1.13% Day High: 324.7 Day Low: 319.7

Target met. Further movement against Natwest ABOVE 324.7 should improve a ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 778.4 Percentage Change: + 0.31% Day High: 781.4 Day Low: 767.4

Further movement against Standard Chartered ABOVE 781.4 should improve ac ……..

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LSE:TLW Tullow. Close Mid-Price: 38.16 Percentage Change: + 0.63% Day High: 39.18 Day Low: 36.6

Further movement against Tullow ABOVE 39.18 should improve acceleration t ……..

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

Posted on

Vivendi SE (EU:VIV) at around 10.06 currently looking goodish

#Gold #SP500  There cannot be many companies who can trace their lineage back to Napoleon III but Vivendi were originally known as Compagnie Generale des Eaux, created by imperial decree by Napoleon 3 in 1953, supplying water to Lyon, Paris, Nantes, Venice, and Constantinople. The company remained fascinated with water for the next 100 years and by the 1970’s, they decided to expand into other less wet sectors.

The information on Vivendi is in danger of being sanitised as even Wikipedia warn the company page may have been created in return for undisclosed payments, something at odds with the ethos of Wiki policies. Or in plain English, the company story is truly impressive, lacking real gossip about court cases, bribes, and their invariable wartime activities. But on the plus side, they now own Canal+, Dailymotion, and a bunch of other activities, present in television, movies, video gaming, book publishers, printed media, communications, etc etc. From a personal viewpoint, the inclusion of Canal+ is usually a valid reason to avoid watching any film productions in English as they invariably also include Canadian production values, where it often appears “And they all lived happy ever after” tends to be a firm rule writers must adhere to. Strangely, French language productions generally avoid this saccharin pitfall which is simply odd.

 

Since the share price was murdered by the divestment of Universal Music Group (the worlds leading music company) in September 2021, the price has failed to actually do anything really interest but there are early signs something may be going on with Vivendi. To be utterly clear, there is currently no logic which presents any scenario where recovery to the levels before Universal was spun off but, things are starting to give slight reason for hope. And of course, we’ve had a few emails asking for our opinion on their potentials.

Above 10.3€ looks capable of entering a recovery cycle toward an initial 12.25, along with a visual suggestion of hesitation given this matches the highs achieved post Universal Music. But we shall regard closure above the 12 Euro mark as quite a big deal, entering a longer term cycle to an impressive 16.6€. If wanting to play safe and sane, above the Blue downtrend since 2022 illustrates 10.5 euro as a potential trigger level to get things moving properly.

If the market plans to take a crazy route, below 9.5 could possibly trigger problems, causing reversal down to an initial 9€ with secondary, if broken, at a hopeful bottom before 8.5 euro.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:33:24PM BRENT 8330.9
10:39:08PM GOLD 2335.65 2333 2320 2301 2344 2350 2356 2364 2340 Success
10:41:41PM STOX50 5071.1
10:44:40PM GERMANY 18717
10:46:37PM US500 5219.4 5210 5202 5189 5225 5241 5249 5262 5216
10:49:08PM DOW 39431.5 Shambles
10:52:58PM NASDAQ 18189.4
10:55:18PM JAPAN 38158 ‘cess

 

13/05/2024 FTSE Closed at 8414 points. Change of -0.23%. Total value traded through LSE was: £ 4,703,191,844 a change of -3.6%
10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of 1.22%. Total value traded through LSE was: £ 6,519,396,072 a change of 33.86%
3/05/2024 FTSE Closed at 8213 points. Change of 0.5%. Total value traded through LSE was: £ 4,870,153,173 a change of -28.06%
2/05/2024 FTSE Closed at 8172 points. Change of -100%. Total value traded through LSE was: £ 6,770,072,758 a change of 0%

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:AAL Anglo American** **LSE:BARC Barclays** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:IDS International Distribution** **LSE:MMAG Music Magpie** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Anglo American, Barclays, Hargreaves Lansdown, British Airways, International Distribution, Music Magpie, Natwest, Ocado Plc, Oxford Instruments, Standard Chartered, Tesco, Zoo Digital,

LSE:AAL Anglo American Close Mid-Price: 2707 Percentage Change: -2.40% Day High: 2813 Day Low: 2689.5

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LSE:BARC Barclays. Close Mid-Price: 214.55 Percentage Change: + 0.28% Day High: 216.15 Day Low: 213.55

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 861 Percentage Change: -0.12% Day High: 865 Day Low: 848.8

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LSE:IAG British Airways. Close Mid-Price: 186.45 Percentage Change: + 2.90% Day High: 186.35 Day Low: 181.95

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LSE:IDS International Distribution. Close Mid-Price: 283.8 Percentage Change: + 1.28% Day High: 291.6 Day Low: 280.6

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LSE:MMAG Music Magpie Close Mid-Price: 5.5 Percentage Change: -4.35% Day High: 5.75 Day Low: 5.5

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LSE:NWG Natwest. Close Mid-Price: 320 Percentage Change: + 0.22% Day High: 321.5 Day Low: 318.1

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LSE:OCDO Ocado Plc Close Mid-Price: 342 Percentage Change: -1.81% Day High: 361.4 Day Low: 334.3

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LSE:OXIG Oxford Instruments Close Mid-Price: 2335 Percentage Change: -3.71% Day High: 2535 Day Low: 2345

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LSE:STAN Standard Chartered. Close Mid-Price: 776 Percentage Change: + 0.13% Day High: 780.6 Day Low: 768

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LSE:TSCO Tesco. Close Mid-Price: 312.6 Percentage Change: + 0.29% Day High: 314 Day Low: 310.8

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LSE:ZOO Zoo Digital. Close Mid-Price: 61.5 Percentage Change: + 11.82% Day High: 65 Day Low: 58.5

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

Posted on

Lloyds Banking Group (LSE:LLOY) at around 54.3 currently. Hope?

#Brent #Nasdaq  Lloyds has quite a lot in common with the Northern Lights – aka the Aurora Borealis – which caused hours of fun through Friday night, making the following evenings Eurovision Song Contest a dismal runner up. Of course, here in our bit of Argyll, we didn’t really get to see the lights in all their glory. The problem is the mountain in the back garden, a lump which neatly conceals anything happening in the north. But we did get to see what were perhaps the Northern Lights as the night-time mist was illuminated from above.

As a result, we’ve a few unspectacular photographs of ‘very little’ and a photograph which needs explained is like a brilliant joke the audience doesn’t understand. The snapshot below is about the best captured, despite over 100 attempts. The following evening apparently promised even better opportunities to waste time stumbling around the garden at night but the annual festival of Graham Norton getting everything wrong was almost impossible to avoid. His confident predictions of “The Public Vote” being able to propel Ireland into a winning position, along with a firmly held belief the dire UK tune would experience a miracle resurrection proved about as wrong as expected. When the UK act managed to achieve the previously impossible feat of no-one in the world actually voting for it in the public vote, his future as Wogans successor was forever confirmed. And surely, he should already have inside knowledge of the Irish broadcasters ongoing efforts to avoid bankruptcy be being forced to host the annual contest, due to winning. Perhaps this is also the BBC’s cunning plan but their desire to offer a human sacrifice every year is perhaps a bit unfair.

All things concerned, we were inclined to accept the lack of a Formula 1 weekend, due to the hilarity from other sources.

 

 

Lloyds share price performing with any excitement still appears a function the market has yet to discover. When we reviewed them three weeks ago, we commented on an ideal situation where the market would opt to “gap” the share price up above 54.1p. Unfortunately, while the share price is now trading around such a level, we haven’t witnessed the potential excitement of a manipulation gap and thus, we’re not entirely primed for fireworks in the share price immediate future. Instead, it starts to feel like price movements shall be quite sober and grown up.

Now above 54.5p looks pretty certain to attempt a visit to an initial 55.8p with our longer term secondary, if bettered, calculating at 58p. Overall, on this cycle, we anticipate a third level at 60.4p as being able to provoke some hesitation in a climbing cycle, demanding some deep thought for the future. Unless the market starts gapping the share price up at the open firstly.

 

If things intend go wrong, below 52.1p shall ring the first alarm bell for us, suggesting the risk of pushing reversal down to an initial 49.3 with our longer term secondary, if broken, calculating at a future 45p. With share prices movements during May, it feels like it will require a pretty firm political will to cause trouble for the retail banks.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:01:34PM BRENT 8264 8174 8151 7801 8382 8396 8458 8524 8342
10:03:18PM GOLD 2359.98 2362
10:05:03PM FTSE 8421.5 8324
10:06:47PM STOX50 5083.7 5009
10:13:41PM GERMANY 18769.9 18415
10:15:40PM US500 5217.2 5207
10:18:20PM DOW 39484 39166
10:20:36PM NASDAQ 18141 18092 18056 17991 18160 18250 18393 18596 18020
10:22:39PM JAPAN 38194 38329

 

10/05/2024 FTSE Closed at 8433 points. Change of 0.62%. Total value traded through LSE was: £ 4,878,616,617 a change of -3.08%
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of 1.22%. Total value traded through LSE was: £ 6,519,396,072 a change of 33.86%
3/05/2024 FTSE Closed at 8213 points. Change of 0.5%. Total value traded through LSE was: £ 4,870,153,173 a change of -28.06%
2/05/2024 FTSE Closed at 8172 points. Change of 0.63%. Total value traded through LSE was: £ 6,770,072,758 a change of 87.96%
1/05/2024 FTSE Closed at 8121 points. Change of -0.28%. Total value traded through LSE was: £ 3,601,904,135 a change of -39.24%

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:AAL Anglo American** **LSE:AZN Astrazeneca** **LSE:ECO ECO (Atlantic) O & G** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TSCO Tesco** **

********

Updated charts published on : Anglo American, Astrazeneca, ECO (Atlantic) O & G, Hargreaves Lansdown, British Airways, ITV, Lloyds Grp., National Glib, Oxford Instruments, Rolls Royce, Scottish Mortgage Investment Trust, Standard Chartered, Tern Plc, Tesco,

LSE:AAL Anglo American. Close Mid-Price: 2773.5 Percentage Change: + 1.37% Day High: 2799.5 Day Low: 2756.5

Further movement against Anglo American ABOVE 2799.5 should improve accel ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 12370 Percentage Change: + 0.31% Day High: 12432 Day Low: 12314

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 15.3 Percentage Change: + 5.52% Day High: 15.95 Day Low: 14.6

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 862 Percentage Change: + 3.16% Day High: 860.2 Day Low: 832.4

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LSE:IAG British Airways Close Mid-Price: 181.2 Percentage Change: -0.88% Day High: 186 Day Low: 182

Continued trades against IAG with a mid-price ABOVE 186 should improve th ……..

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LSE:ITV ITV. Close Mid-Price: 78.3 Percentage Change: + 2.22% Day High: 78.55 Day Low: 76.7

Target met. Further movement against ITV ABOVE 78.55 should improve accel ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 54.3 Percentage Change: + 0.67% Day High: 54.48 Day Low: 54

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LSE:NG. National Glib. Close Mid-Price: 1117 Percentage Change: + 0.40% Day High: 1128 Day Low: 1113

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2425 Percentage Change: + 1.25% Day High: 2475 Day Low: 2380

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LSE:RR. Rolls Royce Close Mid-Price: 423.6 Percentage Change: -2.37% Day High: 439.4 Day Low: 423.8

All Rolls Royce needs are mid-price trades ABOVE 439.4 to improve acceler ……..

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LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 884.4 Percentage Change: -1.07% Day High: 899.8 Day Low: 884.6

Continued trades against SMT with a mid-price ABOVE 899.8 should improve ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 775 Percentage Change: + 2.68% Day High: 777.4 Day Low: 755.4

Continued trades against STAN with a mid-price ABOVE 777.4 should improve ……..

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LSE:TERN Tern Plc. Close Mid-Price: 4.4 Percentage Change: + 4.76% Day High: 4.65 Day Low: 4.2

All Tern Plc needs are mid-price trades ABOVE 4.65 to improve acceleratio ……..

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LSE:TSCO Tesco. Close Mid-Price: 311.7 Percentage Change: + 0.48% Day High: 313.1 Day Low: 309.4

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

Posted on

The AIM and the FTSE for FRIDAY (FTSE:UKX) at around 8381 currently

#FTSE #Gold  The most recent 16 sessions have experienced just three days  where marginal FTSE reversals occurred. And even the word “marginal” may be too expansive as only 1st May only managed to lose 23 points before things again became interesting. Oddly though, from a Big Picture perspective, there appears to be a slender chance of the 8403 level provoking some near term hesitation, despite the underlying trend still pointing upward.

But first, the UK AIM market has finally taken an interest in proceedings, recovering above the Red uptrend and also achieving a higher high. We hope this shall prove an indication many of the beleaguered traders in the junior market are also finally about to experience some succour, rather than their permanent feeling of being suckers… Above 793 points should next enter a cycle to an initial 824 with secondary, if beaten, at 858 points and some possible hesitation. But for the longer term, the AIM has just tentatively ticked the first box for recovery to an eventual 1107 points. It’s certain a 41% growth potential should contain sufficient pixy dust to start some of the more stagnant shares moving.

 

The FTSE is bothering us a little, due to it now trading in Big Picture territory with some of our future ambitions sounding a little enthusiastic. It’s now the case where movement above 8403 points should next trigger a visit to 8513 points with our secondary, if beaten, at 8609 points, taking the market into a zone where we suspect some real hesitation shall make itself known, doubtless due to the collective disbelief of those holding FTSE 100 shares. Should this trigger, the tightest stop loss looks like 8335 points.

If things intend go horribly wrong, below 8301 now risks triggering reversal to 8099 with our secondary, if broken, at 8014 points and a return to where everything was before it started go right!

 

Have a good weekend, hopefully with the chance to enjoy some decent weather.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:32:41PM BRENT 8407.8 8240 8097 8350 8426 8446 8360
9:35:01PM GOLD 2344.29 2328 2321 2339 2348 2359 2329 Success
9:50:00PM FTSE 8412.6 8380 8363 8415 8421 8471 8326 Success
9:53:24PM STOX50 5061.5 5014 4997 5034 5063 5070 5052 Success
9:56:26PM GERMANY 18735.4 18529 18449 18628 18745 18872 18660 Success
10:03:58PM US500 5217.5 5197 5188 5210 5218 5223 5199 Success
10:13:23PM DOW 39422.6 39200 39098 39281 39452 39601 39206 ‘cess
10:16:59PM NASDAQ 18124.5 18008 17969 18077 18144 18170 18093
10:19:42PM JAPAN 38414 38261 38182 38381 38445 38633 38346 Shambles
9/05/2024 FTSE Closed at 8381 points. Change of 0.32%. Total value traded through LSE was: £ 5,033,811,028 a change of -35.46%
8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of 1.22%. Total value traded through LSE was: £ 6,519,396,072 a change of 33.86%
3/05/2024 FTSE Closed at 8213 points. Change of 0.5%. Total value traded through LSE was: £ 4,870,153,173 a change of -28.06%
2/05/2024 FTSE Closed at 8172 points. Change of 0.63%. Total value traded through LSE was: £ 6,770,072,758 a change of 87.96%
1/05/2024 FTSE Closed at 8121 points. Change of -0.28%. Total value traded through LSE was: £ 3,601,904,135 a change of -39.24%
30/04/2024 FTSE Closed at 8144 points. Change of -100%. Total value traded through LSE was: £ 5,927,984,853 a change of 0%

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:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:ECO ECO (Atlantic) O & G** **LSE:FOXT Foxtons** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:TERN Tern Plc** **LSE:TSCO Tesco** **

********

Updated charts published on : AFC Energy, Astrazeneca, Barclays, ECO (Atlantic) O & G, Foxtons, Intertek, ITV, National Glib, Natwest, Tern Plc, Tesco,

LSE:AFC AFC Energy Close Mid-Price: 20.4 Percentage Change: -3.32% Day High: 21.95 Day Low: 19.72

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LSE:AZN Astrazeneca. Close Mid-Price: 12332 Percentage Change: + 0.55% Day High: 12388 Day Low: 12256

Further movement against Astrazeneca ABOVE 12388 should improve accelerat ……..

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LSE:BARC Barclays. Close Mid-Price: 213.25 Percentage Change: + 0.76% Day High: 215 Day Low: 211.9

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 14.5 Percentage Change: + 3.57% Day High: 14.95 Day Low: 14.25

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LSE:FOXT Foxtons. Close Mid-Price: 65.2 Percentage Change: + 5.84% Day High: 68.8 Day Low: 61.4

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LSE:ITRK Intertek Close Mid-Price: 5055 Percentage Change: -0.39% Day High: 5100 Day Low: 5050

Continued trades against ITRK with a mid-price ABOVE 5100 should improve ……..

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LSE:ITV ITV. Close Mid-Price: 76.6 Percentage Change: + 3.03% Day High: 76.55 Day Low: 74

In the event of ITV enjoying further trades beyond 76.55, the share shoul ……..

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LSE:NG. National Glib. Close Mid-Price: 1112.5 Percentage Change: + 1.00% Day High: 1113 Day Low: 1100.5

Further movement against National Glib ABOVE 1113 should improve accelera ……..

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LSE:NWG Natwest. Close Mid-Price: 317.8 Percentage Change: + 0.25% Day High: 320.3 Day Low: 316

All Natwest needs are mid-price trades ABOVE 320.3 to improve acceleratio ……..

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LSE:TERN Tern Plc. Close Mid-Price: 4.2 Percentage Change: + 15.07% Day High: 4.25 Day Low: 3.65

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LSE:TSCO Tesco. Close Mid-Price: 310.2 Percentage Change: + 0.78% Day High: 311.6 Day Low: 308.1

Continued trades against TSCO with a mid-price ABOVE 311.6 should improve ……..

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

Posted on

Trustpilot Group Plc (LSE:TRST) at around 207 currently

#Gold #SP500  One interesting aspect of Trustpilot’s share price is it looks capable of heading upward, perhaps quite firmly. We stumbled upon a website where reviews of Trustpilot were hosted, many of which called into question the validity of results from Trustpilot. The site, ReviewCentre.Com rated Trustpilot with only 1.2 stars out of 5, mainly due to the company being accused of removing negative reviews which relate to companies paying them for membership. Additionally, users seem to complain it’s easy to post positive reviews on Trustpilots but negative reviews are challenged with the company asking for forensic detail levels of proof.

 

Obviously, this must be a massive danger for websites hosting reviews of products, a constant threat of litigation, but a ReviewCentre.com, users seem to complain the stringent policy only commenced with Trustpilot started to accept advertising. Who knows? From a personal standpoint, until doing some background reading for the review site, it’s never been something regarded as worth taking advantage of. Instead, if making a serious decision, a simple question on Twitter or Reddit usually serves to help make a decision. Recently, wanting to purchase a load of different colours of filament for our 3d Printer, Reddit stepped up to the line, also providing a reasonable degree of education. Apparently, the rolls of filament dry out, become brittle, and essentially useless. There’s a hardcore version of 3d Printer users who keep their supplies in sanitised airtight conditions, their constant mantra being this is the only safe way to store bulk product. However, one guy on Reddit clearly ventures outdoors as he uses a garden strimmer. Several years ago, he bought a big roll of strimmer cable, eventually contacting the manufacturer as after a couple of years, the stuff broke on impact with garden weeds. The maker advised him to stick the entire roll in a bucket of water for 24 hours as the product could be rehydrated successfully.

Since this epiphany, the chap has been giving his 3D Printer filament similar treatment if any become brittle, and reports success.

But had we relied on review sites, a dangerous bias would be introduced against printer coils from Maker X who supplies 250 metre rolls. Invariably, quantities such as this will dry out but reviewers would only tend write “Maker X products break when being fed into the printer”. Our point, essentially, is unless the reader knows all the circumstances of a reviewer, we’re inclined to distrust on-line reviews. Personally, I could never be trusted to review an Indian Restaurant as I abhor the food and scents. My wife, on the other hand, loves food from the sub-continent making takeaway decisions awkward.

 

However, it seems possible Trustpilot have discovered reliable sources of revenue and it looks like this could be reflected in their share price ambitions.

 

Currently trading around 207p, above 211p now looks like forging a path to an initial 226p with our longer term secondary, if bettered, coming in at a 5 Star future 286p, a price level at which we suspect some hesitation shall occur. Should things intend go wrong for the share. a nasty possibility due to the wild share price movements on March 19th, below Red at 184p risks promoting reversal down to an initial 160p with our secondary, if broken, at 132p and a very possible rebound level.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:09PM BRENT 8370.6
9:31:22PM GOLD 2308.23 2303 2299 2288 2314 2319 2323 2326 2313 ‘cess
9:34:12PM FTSE 8344.8 ‘cess
10:35:19PM STOX50 5039.6 ‘cess
10:38:10PM GERMANY 18500 ‘cess
10:44:40PM US500 5185.1 5163 5155 5142 5180 5193 5202 5215 5176 ‘cess
10:47:26PM DOW 39056.5
10:50:48PM NASDAQ 18058 Success
10:54:05PM JAPAN 38363 Success

 

8/05/2024 FTSE Closed at 8354 points. Change of 0.49%. Total value traded through LSE was: £ 7,799,424,670 a change of 19.63%
7/05/2024 FTSE Closed at 8313 points. Change of 1.22%. Total value traded through LSE was: £ 6,519,396,072 a change of 33.86%
3/05/2024 FTSE Closed at 8213 points. Change of 0.5%. Total value traded through LSE was: £ 4,870,153,173 a change of -28.06%
2/05/2024 FTSE Closed at 8172 points. Change of 0.63%. Total value traded through LSE was: £ 6,770,072,758 a change of 87.96%
1/05/2024 FTSE Closed at 8121 points. Change of -0.28%. Total value traded through LSE was: £ 3,601,904,135 a change of -39.24%
30/04/2024 FTSE Closed at 8144 points. Change of -0.04%. Total value traded through LSE was: £ 5,927,984,853 a change of 22.51%
29/04/2024 FTSE Closed at 8147 points. Change of -100%. Total value traded through LSE was: £ 4,838,878,420 a change of 0%

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:AFC AFC Energy** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:ECO ECO (Atlantic) O & G** **LSE:FOXT Foxtons** **LSE:HSBA HSBC** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glib** **LSE:TSCO Tesco** **

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Updated charts published on : AFC Energy, Astrazeneca, Barclays, ECO (Atlantic) O & G, Foxtons, HSBC, Intertek, Lloyds Grp., National Glib, Tesco,

LSE:AFC AFC Energy. Close Mid-Price: 21.1 Percentage Change: + 7.65% Day High: 21.25 Day Low: 20

All AFC Energy needs are mid-price trades ABOVE 21.25 to improve accelera ……..

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LSE:AZN Astrazeneca. Close Mid-Price: 12264 Percentage Change: + 1.20% Day High: 12384 Day Low: 12228

Target met. Continued trades against AZN with a mid-price ABOVE 12384 sho ……..

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LSE:BARC Barclays. Close Mid-Price: 211.65 Percentage Change: + 0.62% Day High: 213.2 Day Low: 209.6

Target met. In the event of Barclays enjoying further trades beyond 213.2 ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 14 Percentage Change: + 5.66% Day High: 14.25 Day Low: 13.6

Target met. Continued trades against ECO with a mid-price ABOVE 14.25 sho ……..

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LSE:FOXT Foxtons. Close Mid-Price: 61.6 Percentage Change: + 4.76% Day High: 61.8 Day Low: 59

Target met. In the event of Foxtons enjoying further trades beyond 61.8, ……..

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LSE:HSBA HSBC. Close Mid-Price: 720.8 Percentage Change: + 1.15% Day High: 724.4 Day Low: 718.1

Further movement against HSBC ABOVE 724.4 should improve acceleration tow ……..

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LSE:ITRK Intertek. Close Mid-Price: 5075 Percentage Change: + 1.30% Day High: 5075 Day Low: 5020

All Intertek needs are mid-price trades ABOVE 5075 to improve acceleratio ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 53.94 Percentage Change: + 0.41% Day High: 54.38 Day Low: 53.58

Further movement against Lloyds Grp. ABOVE 54.38 should improve accelerat ……..

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LSE:NG. National Glib. Close Mid-Price: 1101.5 Percentage Change: + 0.55% Day High: 1104 Day Low: 1095.5

All National Glib needs are mid-price trades ABOVE 1104 to improve accele ……..

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LSE:TSCO Tesco. Close Mid-Price: 307.8 Percentage Change: + 1.15% Day High: 309.7 Day Low: 305.7

All Tesco needs are mid-price trades ABOVE 309.7 to improve acceleration ……..

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