LSE:LLOY   LLOYDS BANKING GROUP PLC ORD 10P
After the big drop , we see a recovery in the price of the stock.. At the point we have reached, there are indications that the positive outlook in the stock will continue..

First of all, when we look at the daily chart , we see that the downtrend has broken upwards and the price is below ma20.. Also, the RSI is now above (42) reference values, which seems very positive.. Besides these, SAR indicates a positive trend and Gator is about to generate a buy signal.. In the framework of all these positive indicators, I think there will be an upward price movement in #LLOY, as I mentioned in the chart.. We will wait and see..

Disclaimer: When it comes to stock trading, please take necessary care. Invest in your own responsibility. What I write is technical analysis . It is not investment advice..

I wish you all the best..

Comments

Thanks
+1 Reply
Thanks
+1 Reply
Im going long on Lloyds when I looked i noticed it was near 08 lows & the fundamentals look better than in 08 so looked like a good price point to get in at especially when the dividend comes back
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