Will Lloyds Banking Group escape the wolves?

#Brent #Dax

Lloyds Banking Group share price starts to feel like it has a lot in common with 11 year old girls, afraid of everything. A misplaced joke managed to spoil Saturday night, grand-daughters having an “adventure” staying in our caravan. The caravan is parked on the driveway, motion sensors and security lights in abundance, along with CCTV with motion sensor alerts. It’s also around 10 metres from the front door. All this stuff has nothing to do with paranoid security*** but rather, a lack of lighting in the highlands where nights can be pitch black. And the CCTV lets us know when the supermarket driver appears with a delivery!

The offending joke? Telling the girls if they heard wolves prowling around outside, to just come into the unlocked house…

Around 1am, all hell broke loose. Two roe deer triggered the outside lights. The girls decided they were wolves, the holiday weekend took a turn for the worse. My daughter proved quite condescending at breakfast on Sunday, both little girls finally sound asleep, probably enjoying wolf puppy dreams. Worse, all plans for Sunday were cancelled until the girls surfaced.

 

Lloyds share price has spent the last three weeks, cowering in terror from hopefully imaginary wolves. There has been a pretty obvious downtrend since the middle of January, one which gives hope movement bettering the trend should provoke recovery to an initial 50.5p with secondary, if bettered, at a confident looking 56p. Unfortunately, there has also been a well defined Red uptrend since March, one which was broken last week.

This results in a scenario where weakness now below 45.25p risks promoting reversal to an initial 43p with secondary, if broken, at 40.6p and hopefully a bounce, faster than a child being chased by an invisible wolf.

 

*** The final level of security for the children was myself. Needing only three hours of sleep a night, in theory there was a “responsible” adult watching telly just 20 feet away, nice and warm indoors!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
8:37:23PM BRENT 107.45 102.8 100.815 97.78 104.75 108.1 109.36 112.73 105.32
9:06:24PM GOLD 1862
9:12:54PM FTSE 7473
9:14:24PM FRANCE 6439.5
9:16:45PM GERMANY 13944.88 13792 13638 13452 13940 14040 14101 14182 13963
9:18:22PM US500 4152.22
10:02:19PM DOW 33057
10:03:58PM NASDAQ 13053
10:05:46PM JAPAN 26888

 

29/04/2022 FTSE Closed at 7544 points. Change of 0.47%. Total value traded through LSE was: £ 6,989,742,428 a change of 18.72%
28/04/2022 FTSE Closed at 7509 points. Change of 1.13%. Total value traded through LSE was: £ 5,887,371,702 a change of -15.1%
27/04/2022 FTSE Closed at 7425 points. Change of 0.53%. Total value traded through LSE was: £ 6,934,236,931 a change of -7.56%
26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%
25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%

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:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:OXIG Oxford Instruments** **LSE:SRP Serco** **

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Updated charts published on : Barrett Devs, Carclo, Centrica, Capita, Hargreaves Lansdown, Hurrican Energy, Oxford Instruments, Serco,

LSE:BDEV Barrett Devs. Close Mid-Price: 494.5 Percentage Change: + 0.28% Day High: 503 Day Low: 490.2

Weakness on Barrett Devs below 490.2 will invariably lead to 477 with sec ……..

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LSE:CAR Carclo Close Mid-Price: 24.5 Percentage Change: -9.93% Day High: 26 Day Low: 23.6

Continued weakness against CAR taking the price below 23.6 calculates as ……..

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LSE:CNA Centrica Close Mid-Price: 79.46 Percentage Change: -1.17% Day High: 80.74 Day Low: 79.62

It’s still the case where above 85 indicates an initial 87 with secondary, ……..

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LSE:CPI Capita. Close Mid-Price: 23.98 Percentage Change: + 4.72% Day High: 24.1 Day Low: 22.84

Now above 24.25 suggests the potential of recovery to an initial 26.3 with ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 917.2 Percentage Change: -2.15% Day High: 941.8 Day Low: 909.6

Weakness on Hargreaves Lansdown below 909.6 will invariably lead to 887 w ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 9.5 Percentage Change: -0.31% Day High: 9.95 Day Low: 9.3

This appears about ready to give everyone a break. Above 12p should now at ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2330 Percentage Change: + 2.64% Day High: 2335 Day Low: 2275

Getting useful, above 2340 suggests the potential of near term movement to ……..

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LSE:SRP Serco. Close Mid-Price: 152.1 Percentage Change: + 0.53% Day High: 155 Day Low: 151.4

All Serco needs are mid-price trades ABOVE 155 to improve acceleration to ……..

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

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