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Lloyds Bull Pennant / Descending Wedge

LLOYDS BANKING GROUP ORD GBP0.1 (LSE:LLOY)  
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LSE:LLOY   LLOYDS BANKING GROUP ORD GBP0.1
Trend Analysis Technical Indicators Beyond Technical Analysis lloyds profile Bullish Patterns descending Wedge breakout
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trendanalysis indicator beyondta lloyds profile bullish descending wedgepattern breakout
Both patterns are bullish, whichever you choose to interpret it as. Additionally, there is decreasing volume as it reaches its 200ma on the daily. Lloyds has been very well behaved when it comes to chart patterns over the past year.

MACD crossing down is a reason for concern though.
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