#Brent #SP500 When we reviewed Lloyds three weeks ago, we were optimistic about our scenario for a rise toward something we described as “a confident looking 116.7p”. It’s nearly there, sufficiently close we’re just about lost interest in such a target level, better ambitions now making themselves known for the longer term. From a near term perspective, it appears movement above just 115.4p should still attempt a visit to 116.7p but, due to the strength of recent price changes, we suspect a new game in underway.
Obviously, world events risk intruding (as is always the case) but from our perspective, we regard Lloyds share price as successfully moving into Big Picture territory with the result, now above 115.4p calculates with the potential of a lift to an initial 123p with our longer term secondary, if beaten, at a future 154p. There was be pretty big steps on a path which works out a distant attraction is now comes from a stonking 310p. Perhaps ditching their Halifax brand shall become a real turning point for the future. My wife, a long term Halifax customer, recently received a new Debit Card and instead of the expected Lloyds branding, she discovered she’s now a loyal Bank of Scotland customer, making us suspect Lloyds intend remain with a negligible footprint in Scotland.
All things considered, with Lloyds share price looking like substantial growth is possible, when this is combined with the level of Dividend on offer from the company, it’s starting to look like Lloyds may provide a long term investment.
If things intend go wrong, share price closure below 109p would ring immediate alarm bells, opening the gates for reversal to an initial 88p with our secondary, if broken, at 79p and a fairly strong argument for a bounce. While being optimistic for a UK retail bank goes against our instincts, we’ve now little choice but to apply a positive spin for Lloyds. Hopefully the Black Horse is finally starting to run.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop |
| 11:06:33PM | BRENT | 7201.6 | 7021 | 6862 | 6810 | 7130 | 7256 | 7441 | 7664 | 7199 |
| 11:13:51PM | GOLD | 4183.71 | 4154 | |||||||
| 10:48:11PM | FTSE | 10649.4 | 10617 | |||||||
| 10:50:56PM | STOX50 | 6414.6 | 6370 | |||||||
| 10:53:42PM | GERMANY | 25838.9 | 25600 | |||||||
| 10:58:34PM | US500 | 7514 | 7477 | 7463 | 7444 | 7492 | 7504 | 7543 | 7582 | 7479 |
| 11:01:52PM | DOW | 52867.6 | 52850 | |||||||
| 11:10:14PM | NASDAQ | 29720.9 | 29655 | |||||||
| 11:18:16PM | JAPAN | 69746 | 69506 |
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:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:ECO ECO (Atlantic) O & G** **LSE:NWG Natwest** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **
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Updated charts published on : Aviva, BALFOUR BEATTY, ECO (Atlantic) O & G, Natwest,
LSE:AV. Aviva. Close Mid-Price: 668.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Target met. Continued trades against AV. with a mid-price ABOVE 671 shoul ……..
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View Previous Aviva & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 522.3 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Further movement against Barclays ABOVE 526 should improve acceleration t ……..
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View Previous Barclays & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 899 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 51 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Further movement against ECO (Atlantic) O & G ABOVE 54.2 should improve a ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 682.8 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Continued trades against NWG with a mid-price ABOVE 684.8 should improve ……..
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View Previous Natwest & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 1504.2 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Continued trades against RR. with a mid-price ABOVE 1504.2 should improve ……..
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View Previous Rolls Royce & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 2122 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Continued trades against STAN with a mid-price ABOVE 2122 should improve ……..
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View Previous Standard Chartered & Big Picture ***