{"id":1626,"date":"2020-03-01T23:20:37","date_gmt":"2020-03-01T23:20:37","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1626"},"modified":"2020-03-02T10:03:01","modified_gmt":"2020-03-02T10:03:01","slug":"lloyds-bank-2-03-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/03\/01\/lloyds-bank-2-03-2020\/","title":{"rendered":"Lloyds Bank 2\/03\/2020"},"content":{"rendered":"\n

#<\/strong>BRENT #DAX Retail bank prices behave like a cosmic practical joke. When we reviewed Lloyds in January (link), we warned we’d need review the tea leaves again if the price managed below 48p. During Fridays traumatic session, Lloyds achieved 47.89p, thus forcing us to do some work!<\/p>\n\n\n\n

At first glance, Lloyds share price \nlooks pretty stuffed and yes, weakness now below 47.8p will be regarded as \nentering a cycle down to an initial 42.5 with secondary, when broken, at a \nbottom hopefully of 31p. However, there’s a bit of a wrinkle with this argument \nand it’s shown with the Closing Price insert on the chart.<\/p>\n\n\n\n

It could prove to be quite important \nthe market ensured Lloyds Bank share price did not close below the trend, \ninstead effectively closing at Red, hinting at a coming rebound.<\/p>\n\n\n\n

This being the case, it’s perhaps \nimportant to point out the glaringly obvious. Until such time Lloyds share price \nrecovers above Blue, we dare not take any recovery seriously. At present, this \nparticular stumbling block resides at 62p.<\/p>\n\n\n\n

Near term, above 53.3p looks capable \nof bringing an initial 56.25p. If exceeded, secondary calculates at 59.7p and \nvisually collides with a glass ceiling which appears to have formed just below \nthe 60p level this year. There’s certainly a strong argument favouring movement \nabove 59.7p being taken as early warning for a future attempt at the banks share \nprice breaking above Blue, hopefully to enjoy some time in the sun.<\/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

4:00:19PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

50.1<\/font><\/td>

\n\t

48.9<\/font><\/td>

\n\t

47.74<\/font><\/td>

\n\t

46.44<\/font><\/td>

\n\t

50.25<\/font><\/td>

\n\t

50.93<\/font><\/td>

\n\t

51.45<\/font><\/td>

\n\t

52.3<\/font><\/td>

\n\t

49.5<\/font><\/td>

\n\t

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

\n\t

4:24:37PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1586<\/font><\/td>

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

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

\n\t

5:03:45PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

6709.28<\/font><\/td>

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

‘cess<\/font><\/td> <\/TR>\n

\n\t

5:07:33PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

5333.5<\/font><\/td>

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

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

\n\t

5:25:18PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

12035.78<\/font><\/td>

\n\t

11716<\/font><\/td>

\n\t

11475<\/font><\/td>

\n\t

11393<\/font><\/td>

\n\t

11920<\/font><\/td>

\n\t

12059<\/font><\/td>

\n\t

12152.5<\/font><\/td>

\n\t

12298<\/font><\/td>

\n\t

11932<\/font><\/td>

\n\t

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

\n\t

5:29:28PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

2989<\/font><\/td>

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

‘cess<\/font><\/td> <\/TR>\n

\n\t

5:34:15PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

25690<\/font><\/td>

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

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

\n\t

5:37:45PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

8545.37<\/font><\/td>

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

‘cess<\/font><\/td> <\/TR>\n

\n\t

5:40:43PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

21137<\/font><\/td>

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

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

 <\/p>\n

28\/02\/2020 FTSE Closed at 6580 points. Change of -3.18%. Total value traded through LSE was: \u00a3 13,863,850,185 a change of 59.9%<\/h><\/p>\n
27\/02\/2020 FTSE Closed at 6796 points. Change of -3.49%. Total value traded through LSE was: \u00a3 8,670,151,517 a change of 31.45%<\/h><\/p>\n
26\/02\/2020 FTSE Closed at 7042 points. Change of 0.36%. Total value traded through LSE was: \u00a3 6,595,554,712 a change of -16.85%<\/h><\/p>\n
25\/02\/2020 FTSE Closed at 7017 points. Change of -1.94%. Total value traded through LSE was: \u00a3 7,932,387,742 a change of 6.36%<\/h><\/p>\n
24\/02\/2020 FTSE Closed at 7156 points. Change of -3.34%. Total value traded through LSE was: \u00a3 7,457,826,437 a change of 17.05%<\/h><\/p>\n
21\/02\/2020 FTSE Closed at 7403 points. Change of -0.44%. Total value traded through LSE was: \u00a3 6,371,450,688 a change of 1.87%<\/h><\/p>\n
20\/02\/2020 FTSE Closed at 7436 points. Change of -0.28%. Total value traded through LSE was: \u00a3 6,254,655,479 a change of 11.64%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#BRENT #DAX Retail bank prices behave like a cosmic practical joke. When we reviewed Lloyds in January (link), we warned we’d need review the tea leaves again if the price managed below 48p. During Fridays traumatic session, Lloyds achieved 47.89p, thus forcing us to do some work! At first glance, Lloyds share price looks pretty … <\/p>\n

Continue reading “Lloyds Bank 2\/03\/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-1626","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1626","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=1626"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1626\/revisions"}],"predecessor-version":[{"id":1627,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1626\/revisions\/1627"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1626"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}