Member Info for Svend

Honestly, it is just another pullback very similar to the one we had in early April, lasting approximately 10%. It is a great time to load up ahead of the airshow extravaganza.

Ccc thanks noted I 👀 the tea leaves formed a large cup with a handle on the weekly/monthly charts with a clear breakout above 300 formed between the two tops in Q1,2021 and Q1,2023 followed by the retest/breakout here back in early May a measured target suggest the trolley is maybe heading up aisle 400 having just passed the Fib 0.50 at 315 next target is the Fib 0.618 at 349 measured from the all-time quarterly high of 460 back in Oct 2007 currently SP is also in its 7 consecutive higher lows on the quarterly time frames onward and upwards GLA

Avast ye! The tech titans, the "Magnificent 7," led by Nvidia, Apple, and Microsoft, have been caught in a tempest, dragging the Nasdaq more than 2% into the depths, with the S&P 500 slippin' over 1% down the plank. But hold onto yer hats, mateys, the real twist be the plummetin' solar energy stocks, shiverin' in their timbers over fears that a Trump-led ship might set sail favorin' fossil fuels and other old-school energy treasures! Yarrr, it's a topsy-turvy sea out there!

LazyHare

''Still consistently below 50 DMA''

That statement is incorrect and misleading Price has not closed below the 50 DEMA and bounced off the 50 DSMA both MA are still heading due North and well above the 200 MA if you disagree then please show me the tea leaves 🤷‍♂️

Midway - It's nowhere near the 50-day MA at abt 441.3 ???

Eccles04 includes getting capital appreciation from SP and the company buybacks which have been steady and ongoing for several years show me any building societies that have done the same or any better if not you are very wrong in your statement.

Ahoy there, mateys! This share price is like a revved-up fighter jet on the deck, all lit up and ready to launch! Our target altitude? We're talkin' 455 to break free, then onwards to a glorious 469! But keep yer eyes peeled, the Donchian Channel's got us a potential high point of 488 further out there!

Now, listen close, we're movin' with some serious speed – daily at 10.89 and weekly at a whopping 20.6! But hold on, our fuel gauge is lookin' a bit low, volume's way down below average. Don't you fret though, we're still well above those pesky clouds at 444!

Mark my words, these targets are in our sights before July's out, especially if that Farnborough Airshow delivers some hot announcements from the big names in SPACE, DEFENSE, you name it! We're talkin' SUSTAINABILITY, INNOVATION, the whole FUTURE FLIGHT caboodle, and don't forget the WORKFORCE – this show's gonna be a game-changer!

But remember, even the best pilots need to be prepared. Fasten yer STOPS, buckle up tight, and get ready for a wild ride!

Historically, major aerospace events like FIA have led to noticeable but variable movements in the share prices of participating companies. The impact can range from a few percentage points to more significant swings depending on the nature and scale of announcements.

While it is difficult to provide a precise figure, a successful showing at FIA2024 could potentially move the share price of Rolls-Royce by 3-7%, given the right combination of positive announcements and market conditions. Conversely, if the outcomes are underwhelming, a similar magnitude of negative movement could occur.

In summary, FIA2024 could have a significant but variable impact on Rolls-Royce's share price, depending on the outcomes and broader market context.

Arr, mates! Gather 'round and lend me yer ears. It be intriguin', aye, the current pullback be matchin' the last retreat we faced back in early April. That one was a hearty 9.89% over a span of 17 days. Now, we be seein' a similar tale from the high seas of June 21, when we sailed at 488.30, to the low tides of July 10 at 441.60, lastin' 19 days with a 9.56% drop. The big question be: are we gonna see a rebound like last time? If so, we might be in for a counter move of about 7% or 30 pence. As I read the tea leaves and consult the charts, the 440/450 levels be lookin' like a sturdy support zone, tested four times and form'in a mighty triple bottom. Avast, prepare for the next wave, ye landlubbers!

Badland may be in the process of cleaning out some stops by moving the price down towards the earmarked Fib 0.50% target @ 440.15 retracements. Remember we were at these identical levels at the beginning of the month wash rinse repeat springs to mind. Price is bouncing off the 50 daily EMA with the first touch on Wednesday, July 10 which is only the 3rd touch since back in October and July of 2023 following the parabolic move up from the 150 base.

Historically, the S&P 500 index has shown the strongest returns during April, July, and November. These months have consistently outperformed others over various time frames. July is a strong month, benefiting from the mid-year economic reviews and positive investor sentiment going into the year's second half​​.

These months show the highest probability of positive returns, often influenced by various economic factors, investor behaviour, and market cycles. Conversely, September is typically noted as one of the worst-performing months for the S&P 500​

Brilliant AchillesZeno That's the way to do it 👌😎

George The last pullback (above 5%) was back in April when the SP retraced 9.89% (from 435 to 392) the current pullback is very similar measuring 9.56% (from 488.3 to 441.6) following a bounce off the 65 Daily EMA once the SP get airborne above the Donchian Channel ~488.3 then unexplored reattempts can be made on penetrating and breaking out above the High 5 for a further directional move in a northerly direction current momentum/speed of 11.3/21.17 Daily/Weekly ATR with a heading to land on runway 510 (price) with ETA COB August 1 Remember to fasten your STOP Exits and Enjoy the Voyage GLA

Everything = pre-dinner appetizer in case this was unclear.

Arrr, Nettles

Aye aye, due to the travel logistics, we are switchin' it to dinner instead of lunch. I shall be delighted to handle a pre-dinner appetizer for ye fine crew.

Can't wait to take you, PEAKDREAD, and a few other worthy mates out for a grand feast when this treasure hits £7 on your 50th birthday (Feb 8th, 2025). Everything's on this old sea dog.

Anchors aweigh and ready yer appetites! Arrr!

Nettles Ahoy, matey! Ye've nailed yer homework with the precision of a seasoned sea dog! This here sentence be the proof: "givin' away more energy security." As I've been hollerin' from the crow's nest all along, it's the very foundation of all national security that truly matters. Meanwhile, the tea leaves be a-brewing and their aroma be waftin' in at 510 by close of business on August 1st. And wave 5, further out at 544, be beckonin' on the horizon like a siren's call. Unless, of course, we get a 10% freak wave correction from the good ol' US of A. Enjoy the voyage, me hearties! GLA IMOO! Arrr!

N

The target price based on the combined estimates from analysts nowadays is 498.33 with only 24 days to Interim results.

ShareFlyer ''Reform is the only party to vote for! Only one actively supports SMR!'' Here you seem to have contradicted yourself maybe you and the "worship" should be heading towards the cat ''Nettles'' instead!

We remain inside the monthly range of 448 / 488.3 meanwhile last week's low was 448.2 and yesterday's daily high was 464.1 and the July low was 445.4 we had the pullback that started on 21st June measuring 42.9 pence (8.79%) meanwhile SP500 is making ATH again today just hitting all the 5's 5550 so this updraft may kick start the FTSE and another attempt can be made at hitting the next levels in the 5's 👀 AGW GL DYOR ETC