Investamate

Barclays - Heading higher

Long
LSE:BARC   BARCLAYS PLC ORD GBP0.25
Buy Barclays (BARC.L)

Barclays PLC is a global financial service holding company. The Company is engaged in credit cards, wholesale banking, investment banking, wealth management and investment management services.

Market Cap: £29.60Billion

Barclays appears to have completed an inverse head and shoulders bottom pattern back on the 11th of October 2019. The shares continue to hold up well as a Conservative win at the upcoming election remains the most likely outcome. the medium-term target is up at 200p.

Stop: 163.65p
Target 1: 181p
Target 2: 193p
Target 3: 200p


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