Lloyds has had a very strong decline since it's heights from around 2000 when is was around 600p and never recovered. It has been in a corrective structure since 2009 which appears to be an ascending triangle implying that the next move would be to continue down. We won't be making a short trade on this one however as the pattern isn't very clear and it also...
Looking to take this up. Cutting jobs and decent future prospects after a look to move to further digitization.
Last week -hopefully not the last week :-( the attempt to turn up broke down.
We are at the rising bottom of a sideward range now. I expect a test of the upside from here again.
Looks like a Wave 5 completion and currently in a corrective phase. Long target is a completion of ABC zigzag at 1.618 extension of AB and a 0.5 retracement of the bearish impulse. Thanks for looking!
lyg long above 5.57 short below 5.47
lyg long above 5.57 short below 4.47
Rally is going to start tomorrow. Loyds is dropping from 76.70 to 75.00. What do you think? Happy trading
we will have a down trend for the next 4-5 days we will then break the triangle pattern for a min. target of $5.47
LYG has a lot going for it. Including the easing Europe is doing on ALL European Banks, starting RIGHT NOW! They have a lot of news in the pipelines and I have no doubt this stock will be over $6 in November
I'm bullish for the stock i love everything about it, the management, the price, and the revenue growth 32% this year