Stanley968

BARC climbing up

Long
LSE:BARC   BARCLAYS PLC ORD 25P
March / April trend line still in play on 1h chart but expect the SP to decrease over the next few days as triple top with reducing peaks indicate weakness.

Comments

I think this will pull back to your first target or close before rising again, but not sure as to where?
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Stanley968 averagetraderjoe123
@averagetraderjoe123, I agree. Back to the trend line and then we'll see. If everything turns red the trend line may not hold this time but we have to see when we get there... Thanks for your comment!
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Having hit your second target, what do you see as the next level?
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Stanley968 Therminator
@Therminator, I see it going all the way back to the blue trend line, at 105 or possibly even lower! IMO there is a slight correction pending for SPX (American markets) and FTSE will follow. Thanks for your comment!
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