LLOYDS GRP (LSE:LLOY) It’s time for our monthly trawl in the deep waters Lloyds bank share price inhabits. In fact, to better illustrate the “bottom feeder” aspect of the bank, we’ve included a 20 year chart below. This sort of thing is always useful when reminding folk why they feel miserable!
To get the “good” news out of the way first, the share price requires exceed BLUE (70p presently) to enter a cycle to an initial 72.6p. Only with closure above such a level will we dare feel optimistic for the future with 92p now presenting a reasonable ambition. If bettered, secondary lurks at 100p along with a series of stutters as visually this level appears destined to provoke hesitation – if the price ever starts any proper recovery.
Unfortunately, despite the share not yet breaking below RED on the chart, we’re now harboring strong suspicions future weakness below 60p shall provoke an initial visit to 56.5p. And secondary, when broken, comes along at 50.75p. About the only nice thing about the secondary is the ‘almost’ promise of a bounce when such a level achieved.
We probably should point something out from a Big Picture perspective. Unless this share somehow manages better BLUE on the chart, it’s trading in a region where an ultimate bottom of 22p exerts a magnetic influence. Thankfully, there’s nothing happening politically, economically, or internationally which could prove capable of harming this price… Unless you have eyes or ears!
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
|
10:43:35PM |
BRENT |
78.15 |
‘cess |
|||||||||
|
10:49:19PM |
GOLD |
1258.19 |
1250 |
1247 |
1241 |
1258 |
1263 |
1266.25 |
1276 |
1253 |
‘cess |
|
|
10:52:27PM |
FTSE |
7705.22 |
Success |
|||||||||
|
10:57:11PM |
FRANCE |
5406.2 |
‘cess |
|||||||||
|
10:59:08PM |
GERMANY |
12575 |
||||||||||
|
11:02:25PM |
US500 |
2785.42 |
‘cess |
|||||||||
|
11:04:32PM |
DOW |
24789 |
Success |
|||||||||
|
11:06:42PM |
NASDAQ |
7279.95 |
7219 |
7206 |
7180 |
7255 |
7285 |
7303.25 |
7356 |
7220 |
‘cess |
|
|
11:09:03PM |
JAPAN |
22191 |
‘cess |
9/07/2018 FTSE Closed at 7688 points. Change of 1.04%. Total value traded through LSE was: £ 5,678,830,364 a change of 4.7%
6/07/2018 FTSE Closed at 7609 points. Change of 0.08%. Total value traded through LSE was: £ 5,423,999,959 a change of -1.7%
5/07/2018 FTSE Closed at 7603 points. Change of 0.4%. Total value traded through LSE was: £ 5,517,754,349 a change of 31.11%
4/07/2018 FTSE Closed at 7573 points. Change of -0.26%. Total value traded through LSE was: £ 4,208,633,198 a change of -43%
3/07/2018 FTSE Closed at 7593 points. Change of 0.61%. Total value traded through LSE was: £ 7,383,714,945 a change of 16.1%
2/07/2018 FTSE Closed at 7547 points. Change of -1.17%. Total value traded through LSE was: £ 6,359,923,208 a change of -9.62%
29/06/2018 FTSE Closed at 7636 points. Change of 0.28%. Total value traded through LSE was: £ 7,037,137,894 a change of 9.52%
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
The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!
Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BPC Bahamas Pet** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:FOXT Foxtons** **LSE:HUR Hurrican Energy** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:RED REDT** **LSE:RMG Royal Male** **LSE:WTG Watchstone** **
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Updated charts published on : BALFOUR BEATTY, Barrett Devs, Bahamas Pet, Carclo, Centamin, Foxtons, Hurrican Energy, Lloyds Grp., Marks and Spencer, REDT, Royal Male, Watchstone,
LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 289.3 Percentage Change: + 1.51% Day High: 289.3 Day Low: 284.6
2018=9
Further moves above 290 remain suggesting recovery to 294 next. If bettere ……..
View Previous BALFOUR BEATTY & Big Picture ***
LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 484.1 Percentage Change: + 0.23% Day High: 486.5 Day Low: 479.1
2018=12
Target Met. In a slight change to the numbers, now below 479 indicates 468 ……..
View Previous Barrett Devs & Big Picture ***
LSE:BPCLSE:BPC Bahamas Pet. Close Mid-Price: 5 Percentage Change: + 21.95% Day High: 6.2 Day Low: 4.1
2018=35
Target Met. That was quick and it remains with the potential of further oo ……..
View Previous Bahamas Pet & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 109.75 Percentage Change: -0.23% Day High: 117 Day Low: 107.5
2018=70
It remains with the potential of moves now above 117 to enter a cycle to a ……..
View Previous Carclo & Big Picture ***
LSE:CEY Centamin Close Mid-Price: 113.9 Percentage Change: -3.27% Day High: 119.1 Day Low: 108.35
2018=35
It is still the case that below 108 makes a trip to 96p a pretty certain c ……..
View Previous Centamin & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 50 Percentage Change: -6.19% Day High: 52.6 Day Low: 49.6
2018=35
Target Met. Below 49 remains with the prospect of 44 presenting a point wh ……..
View Previous Foxtons & Big Picture ***
LSE:HURLSE:HUR Hurrican Energy. Close Mid-Price: 55.1 Percentage Change: + 2.04% Day High: 56 Day Low: 54.9
2018=23
Target Met. In a nicely precise move, this has hit our 56 and we suspect i ……..
View Previous Hurrican Energy & Big Picture ***
LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 62.94 Percentage Change: + 0.72% Day High: 63.45 Day Low: 62.44
2018=23
Now below 60.5 and we’re looking down at 57p with some bounce potentials. ……..
View Previous Lloyds Grp. & Big Picture ***
LSE:MKSLSE:MKS Marks and Spencer. Close Mid-Price: 312.3 Percentage Change: + 1.63% Day High: 314.3 Day Low: 307.6
2018=18
Target Met. Now above 315p and it appears 321 shall provide a bit of a stu ……..
View Previous Marks and Spencer & Big Picture ***
LSE:RED REDT Close Mid-Price: 5.05 Percentage Change: -0.98% Day High: 5.1 Day Low: 5.05
2018=23
This is pretty grim as below 5 looks like 4.35 with some bounce potential. ……..
View Previous REDT & Big Picture ***
LSE:RMG Royal Male Close Mid-Price: 486.7 Percentage Change: -0.88% Day High: 496.4 Day Low: 485
2018=23
The situation now is of weakness below 485 bringing 480p next with seconda ……..
View Previous Royal Male & Big Picture ***
LSE:WTG Watchstone Close Mid-Price: 94.9 Percentage Change: -2.47% Day High: 92.8 Day Low: 92.8
2017=32
Continued dribbles below 92p point at 85 with some very possible bounce po ……..
View Previous Watchstone & Big Picture ***
*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.
Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:LMI LonMin** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBS Royal Bank Scot** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:ZOL Zoldav** **
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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!
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