Lloyds Banking Group (LSE:LLOY) and the potential for excitement?

#Brent #SP500   It was Mrs T&T’s turn to choose the movie for the weekend and she opted to play fairly safe by going for a documentary about a popular UK singer. Unfortunately, last time she did this, Elton Johns movie was selected, a film we abandoned before the end. An expectation I’d enjoy the film “Better Man”, a homage to the greatness which is Robbie Williams, was going to be an obvious mistake. Within the first minute, the realisation the star was being played by a CGI Chimpanzee led to an anxious glance at our wine glasses, hoping an excuse could be given to leave the room.

However, 10 minutes later, the fact Robbie Williams was being played by a monkey vanished from notice  as the story started to fascinate and two hours thirty minutes later, the only reason for regrets related to the members of the singing group Take That as they didn’t come through the experience with any credibility. It certainly appears Robbie Williams hasn’t retained any great fondness for Garry Barlow, Williams experiencing a solo career which seemed to knock everything which went before into the gutter. In terms of worth watching, this certainly joins the Queen movie, that alternative world Beatles movie, as worth an evening. Unlike that Elton John nonsense where, apparently Elton asked his pal Rod Stewart to be honest in his opinion of his biopic. It is said they haven’t spoken since Rod gave his opinion!

 

Of course, this film review is essentially due to very little interesting actually happening with Lloyds Bank in the last three weeks and – unsurprisingly – the Chinese GP being pretty boring, the best action happening once the race was completed when the Ferrari team were disqualified for cheating. Historically, generally the first race of a new season overloads with mistakes, the second race overloading with cautious driving. Hopefully Japan in two weeks shall provide proper racing.

When we reviewed Lloyds three weeks ago, we gave 73.5p as a reasonable level for the share price to close above, ideally triggering  proper movement, just like we suspect Japan shall provide proper F1 racing. I chasing day trade positions, it’s visually possible intraday movement above 74.46 should give a sane trigger level for those anxious to get into the game of chasing a retail bank recovery. It’s now the case where, from a relatively near term perspective, above 74.46 could easily implement movement to an initial 78.3p with our secondary, if bettered, at 81.5p. Our more “safe” scenario demands the price close a day above 73.5p to confirm entry into such a cycle but, as this is also more of a Big Picture thing, it also includes a distant sounding 123p as a realistic ambition.

In the contrary event, should Lloyds share price decide to give the market a scare, below 68p suggests coming weakness to 65.3p with our secondary, if broken, a hopeful bottom at 62.3p.

 

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:15:09PM BRENT 7167.8 7025 6963 6878 7117 7222 7256 7397 7118
10:17:30PM GOLD 3024.19
10:19:18PM FTSE 8662.2
10:26:21PM STOX50 5430.3
10:29:04PM GERMANY 22960.1
10:30:55PM US500 5697.1 5601 5553 5498 5638 5718 5749 5798 5674
10:33:51PM DOW 42171.4
10:35:31PM NASDAQ 19871.3
10:37:28PM JAPAN 37794

 

21/03/2025 FTSE Closed at 8646 points. Change of -0.64%. Total value traded through LSE was: £ 17,319,068,122 a change of 126.14%
20/03/2025 FTSE Closed at 8702 points. Change of -0.05%. Total value traded through LSE was: £ 7,658,434,671 a change of 23.47%
19/03/2025 FTSE Closed at 8706 points. Change of 0.01%. Total value traded through LSE was: £ 6,202,916,969 a change of 4.34%
18/03/2025 FTSE Closed at 8705 points. Change of 0.29%. Total value traded through LSE was: £ 5,945,136,476 a change of 0.41%
17/03/2025 FTSE Closed at 8680 points. Change of 0.56%. Total value traded through LSE was: £ 5,920,651,803 a change of 10.88%
14/03/2025 FTSE Closed at 8632 points. Change of 1.05%. Total value traded through LSE was: £ 5,339,805,616 a change of -8.09%
13/03/2025 FTSE Closed at 8542 points. Change of 0.02%. Total value traded through LSE was: £ 5,809,805,582 a change of -17.07%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AZN Astrazeneca** **LSE:BT.A British Telecom** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:SRP Serco** **

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Updated charts published on : Astrazeneca, British Telecom, Gulf Keystone, Glencore Xstra, Intercontinental Hotels Group, International Personal Finance, Serco,


LSE:AZN Astrazeneca Close Mid-Price: 11608 Percentage Change: -1.69% Day High: 11826 Day Low: 11618

This needs traffic above 12090 to point at potentials gains to an initial ……..

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LSE:BT.A British Telecom. Close Mid-Price: 164.35 Percentage Change: + 0.70% Day High: 164.5 Day Low: 161.3

Target met. Further movement against British Telecom ABOVE 164.5 should i ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 205 Percentage Change: + 0.79% Day High: 209.6 Day Low: 202.8

All Gulf Keystone needs are mid-price trades ABOVE 209.6 to improve accel ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 299.2 Percentage Change: -3.48% Day High: 307.9 Day Low: 298.4

Target met. Weakness on Glencore Xstra below 298.4 will invariably lead t ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 8364 Percentage Change: -2.45% Day High: 8466 Day Low: 8200

Target met. If Intercontinental Hotels Group experiences continued weakne ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 156 Percentage Change: + 1.30% Day High: 157 Day Low: 153

Target met. All International Personal Finance needs are mid-price trades ……..

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LSE:SRP Serco Close Mid-Price: 159.5 Percentage Change: -0.50% Day High: 162 Day Low: 157.8

This is seriously confusing. Apparently, below 152 risks triggering revers ……..

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*** End of “Updated Today” comments on shares

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