{"id":1597,"date":"2020-02-19T23:01:04","date_gmt":"2020-02-19T23:01:04","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1597"},"modified":"2020-02-20T10:07:46","modified_gmt":"2020-02-20T10:07:46","slug":"royal-bank-of-scotland-for-20-02-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/19\/royal-bank-of-scotland-for-20-02-2020\/","title":{"rendered":"Royal Bank of Scotland for 20\/02\/2020"},"content":{"rendered":"\n

#DAX #JAPAN <\/strong>News that RBS are ditching their “toxic” name outside Scotland, rebranding as NatWest, really isn’t a surprise. Generally, when a large organisation is in trouble, they’ll consolidate shares, mess with their advertising, fuss with their logo, or as a last ditch throw of the dice, change their name.<\/p>\n\n\n\n

At time of writing, RBS is trading at \n206p ( that’s 20.6p in pre-consolidation terms ) and it certainly looks clear \nthe market failed to fall for their wizard wheeze of a 10:1 share ploy to make \nthe value of RBS shares sound more respectable. To be fair, RBS are not the only \nretail bank with a lousy share price history. Lloyds for instance enjoyed a low \nof 34 in 2009 and is now trading at 55.78. Barclays hit 53p in 2009 and now, \neleven years later, is trading at 176.<\/p>\n\n\n\n

In fact, RBS with their low of 9.8p \nis doing slightly better than Lloyds, presently more than double their price \nwhen the sector crashed. But in comparison to most other shares in the FTSE 100, \nbanking sector shares are about as popular as Laura Ashley.<\/p>\n\n\n\n

The immediate situation for RBS is a \nbit fragrant with weakness next below 205 indicating the potential of travel \ndown to 189p next. If broken, secondary calculates at 171p and we’d expect a \nrebound from such a level. The share price will require to close below 171p to \njustify running for the hills as it will take RBS into a region where “bottom” \nworks out at 114p. We cannot calculate below such a point.<\/p>\n\n\n\n

The funny thing, despite the share \nbreaking below our last drop target of 208p, we shall be a little curious in the \ndays ahead. The price only need exceed 217p to enter a cycle toward 227p next. \nIf bettered, secondary is 237 but realistically, if positive news or market \nconditions are behind a rise, the price could easily accelerate to 252p.<\/p>\n\n\n\n

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

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

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Market<\/font><\/td>

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

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

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

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

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Stop<\/font><\/td>

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

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

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

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Stop<\/font><\/td>

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

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10:04:13PM<\/font><\/td>

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BRENT<\/font><\/td>

\n\t

58.98<\/font><\/td>

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

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

\n\t

10:07:05PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1612.32<\/font><\/td>

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

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

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10:10:28PM<\/font><\/td>

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FTSE<\/font><\/td>

\n\t

7458.81<\/font><\/td>

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

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10:11:53PM<\/font><\/td>

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FRANCE<\/font><\/td>

\n\t

6101.2<\/font><\/td>

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

‘cess<\/font><\/td> <\/TR>\n

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10:30:33PM<\/font><\/td>

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GERMANY<\/font><\/td>

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13780<\/font><\/td>

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13708<\/font><\/td>

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13675<\/font><\/td>

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13637<\/font><\/td>

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13758<\/font><\/td>

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13789<\/font><\/td>

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13801.75<\/font><\/td>

\n\t

13823<\/font><\/td>

\n\t

13743<\/font><\/td>

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‘cess<\/font><\/td> <\/TR>\n

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10:33:18PM<\/font><\/td>

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US500<\/font><\/td>

\n\t

3388.52<\/font><\/td>

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

‘cess<\/font><\/td> <\/TR>\n

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10:35:07PM<\/font><\/td>

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DOW<\/font><\/td>

\n\t

29358<\/font><\/td>

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<\/td> <\/TR>\n

\n\t

10:37:33PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

9725<\/font><\/td>

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

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

\n\t

10:39:44PM<\/font><\/td>

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JAPAN<\/font><\/td>

\n\t

23592<\/font><\/td>

\n\t

23341<\/font><\/td>

\n\t

23191<\/font><\/td>

\n\t

23029<\/font><\/td>

\n\t

23432<\/font><\/td>

\n\t

23682<\/font><\/td>

\n\t

23747.5<\/font><\/td>

\n\t

23967<\/font><\/td>

\n\t

23510<\/font><\/td>

\n\t

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

 <\/p>\n

19\/02\/2020 FTSE Closed at 7457 points. Change of 1.29%. Total value traded through LSE was: \u00a3 5,602,530,865 a change of -6.87%<\/h><\/p>\n
18\/02\/2020 FTSE Closed at 7362 points. Change of -0.96%. Total value traded through LSE was: \u00a3 6,015,855,072 a change of 44.99%<\/h><\/p>\n
17\/02\/2020 FTSE Closed at 7433 points. Change of 0.32%. Total value traded through LSE was: \u00a3 4,149,027,770 a change of -24.37%<\/h><\/p>\n
14\/02\/2020 FTSE Closed at 7409 points. Change of -0.58%. Total value traded through LSE was: \u00a3 5,485,879,910 a change of -17.68%<\/h><\/p>\n
13\/02\/2020 FTSE Closed at 7452 points. Change of -1.09%. Total value traded through LSE was: \u00a3 6,664,066,181 a change of 30.17%<\/h><\/p>\n
12\/02\/2020 FTSE Closed at 7534 points. Change of 0.47%. Total value traded through LSE was: \u00a3 5,119,461,685 a change of -10.2%<\/h><\/p>\n
11\/02\/2020 FTSE Closed at 7499 points. Change of 0.71%. Total value traded through LSE was: \u00a3 5,701,269,309 a change of 0.17%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#DAX #JAPAN News that RBS are ditching their “toxic” name outside Scotland, rebranding as NatWest, really isn’t a surprise. Generally, when a large organisation is in trouble, they’ll consolidate shares, mess with their advertising, fuss with their logo, or as a last ditch throw of the dice, change their name. At time of writing, RBS … <\/p>\n

Continue reading “Royal Bank of Scotland for 20\/02\/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-1597","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1597","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=1597"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1597\/revisions"}],"predecessor-version":[{"id":1598,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1597\/revisions\/1598"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1597"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}