{"id":1526,"date":"2020-01-26T23:11:51","date_gmt":"2020-01-26T23:11:51","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1526"},"modified":"2020-01-27T08:25:10","modified_gmt":"2020-01-27T08:25:10","slug":"lloyds-27-01-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/01\/26\/lloyds-27-01-2020\/","title":{"rendered":"Lloyds 27\/01\/2020"},"content":{"rendered":"\n

#Brent #Germany <\/strong>Marriage is about finding new ways to casually annoy your partner. After a morning rush, markets scanned, dogs walked, showers all round, we were on the ferry to the mainland when my phone bleeped, reminding my Thursday appointment was actually in 7 days time. How she laughed, then turned her irritation into a shopping trip. For ladies boots, probably the definition of hell to witness!<\/p>\n\n\n\n

Lloyds share, alas, has been displaying its very own \nidea of what hell is, the price breaking above its downtrend since 2009 in \nDecember only to break below the trend again at the start of this year. When we \nlast ran the numbers against Lloyds (link<\/a><\/strong>), \nwe’d proposed a scenario with weakness possible from 62p down to 58p. \nUnfortunately, on January 15th when it first troubled this target level, it also \nbroke the target briefly. The means we need explore further drop possibilities \nif Lloyds intends drag investors around the shoe shops.<\/p>\n\n\n\n

By any standards, Lloyds has gotten dodgy and weakness \nnow below 57p suggests the possibility of travel further downhill to an initial \n51p. If broken, secondary is at 48p and we’d hope for a panic bounce, if this \nlevel actually makes an appearance.<\/p>\n\n\n\n

Our reasoning behind the “panic” hope comes from the \nlows of last year. If Lloyds actually were to break below 48p, it enters a land \nmore painful then a shoe shop with an open plan section selling scented candles. \nIn plain English, 33p becomes best hope but we’d really need review the tea \nleaves if 48p were to now break.<\/p>\n\n\n\n

However (and this is a biggie) we were fascinated at \nthe respect paid to the downtrend since 2009. It became clear, very clear, this \nis an important level to the market place. This being the case, something worth \nconsidering is what happens (usually) when a long term downtrend is rejoined, \nfollowing a break. Invariably, a share price will rise strongly, essentially \ngoing everywhere it should have gone in the first place.<\/p>\n\n\n\n

In the case of Lloyds, the implication is of movement \nnow above 62.6p should have an ambition of an initial 68p with secondary, if \nbettered, at 74p. In fact, if earthshaking news is involved, the price could \nsimply accelerate to 85p. <\/p>\n\n\n\n

And the best of all?<\/p>\n\n\n\n

If opening a Long position, any stop loss should be as \ntight as possible. This sort of movement tends be rather fast.<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n<\/p>\n\n\n
\n\t

Time Issued<\/font><\/td>

\n\t

Market<\/font><\/td>

\n\t

Price At Issue<\/font><\/td>

\n\t

Short Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Long Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Prior<\/font><\/td> <\/TR>\nFUTURES<\/font><\/a>

\n\t

6:00:12PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

60.05<\/font><\/td>

\n\t

59.61<\/font><\/td>

\n\t

59.16<\/font><\/td>

\n\t

58.64<\/font><\/td>

\n\t

60.63<\/font><\/td>

\n\t

61.85<\/font><\/td>

\n\t

62.145<\/font><\/td>

\n\t

62.99<\/font><\/td>

\n\t

61<\/font><\/td>

\n\t

Shambles<\/font><\/td> <\/TR>\n

\n\t

6:04:30PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1572.39<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

6:11:58PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

7549.06<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

6:13:47PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

5996<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

6:26:32PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

13507<\/font><\/td>

\n\t

13474<\/font><\/td>

\n\t

13418<\/font><\/td>

\n\t

13355<\/font><\/td>

\n\t

13563<\/font><\/td>

\n\t

13607<\/font><\/td>

\n\t

13625.75<\/font><\/td>

\n\t

13661<\/font><\/td>

\n\t

13535<\/font><\/td>

\n\t

Success<\/font><\/td> <\/TR>\n

\n\t

6:29:27PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

3291.42<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

7:26:49PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

28954.9<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

7:28:59PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

9128.49<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

7:31:40PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

23622<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Shambles<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

24\/01\/2020 FTSE Closed at 7585 points. Change of 1.04%. Total value traded through LSE was: \u00a3 5,364,214,029 a change of -0.13%<\/h><\/p>\n
23\/01\/2020 FTSE Closed at 7507 points. Change of -0.85%. Total value traded through LSE was: \u00a3 5,371,375,210 a change of -4.17%<\/h><\/p>\n
22\/01\/2020 FTSE Closed at 7571 points. Change of -0.51%. Total value traded through LSE was: \u00a3 5,604,978,241 a change of 11.63%<\/h><\/p>\n
21\/01\/2020 FTSE Closed at 7610 points. Change of -0.54%. Total value traded through LSE was: \u00a3 5,020,947,785 a change of 18.76%<\/h><\/p>\n
20\/01\/2020 FTSE Closed at 7651 points. Change of -0.3%. Total value traded through LSE was: \u00a3 4,227,858,188 a change of -33.49%<\/h><\/p>\n
17\/01\/2020 FTSE Closed at 7674 points. Change of 0.85%. Total value traded through LSE was: \u00a3 6,356,734,989 a change of 21.03%<\/h><\/p>\n
16\/01\/2020 FTSE Closed at 7609 points. Change of -0.43%. Total value traded through LSE was: \u00a3 5,252,079,163 a change of -22.59%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#Brent #Germany Marriage is about finding new ways to casually annoy your partner. After a morning rush, markets scanned, dogs walked, showers all round, we were on the ferry to the mainland when my phone bleeped, reminding my Thursday appointment was actually in 7 days time. How she laughed, then turned her irritation into a … <\/p>\n

Continue reading “Lloyds 27\/01\/2020”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1526","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1526"}],"version-history":[{"count":2,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1526\/revisions"}],"predecessor-version":[{"id":1528,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1526\/revisions\/1528"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1526"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}