{"id":1769,"date":"2020-04-15T23:16:09","date_gmt":"2020-04-15T22:16:09","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1769"},"modified":"2020-04-16T09:47:40","modified_gmt":"2020-04-16T08:47:40","slug":"lloyds-bank-for-16-04-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/04\/15\/lloyds-bank-for-16-04-2020\/","title":{"rendered":"Lloyds Bank for 16\/04\/2020"},"content":{"rendered":"

#Gold #France <\/strong>We often berate the media for their never-ending doom and gloom, then realise we can be guilty too. Last month, we warned of danger should #Lloyds slip below 47.8p (Link<\/a><\/strong>) and it did, ‘successfully’ hitting our drop target of 31p. We’re genuinely not proud about this sort of thing, just rather concerned thanks to Lloyds breaking our drop target briefly on the initial surge downward. Similar to yesterday’s glance at Barclays, we now need to stir the tea leaves again and recalculate future potentials.<\/p>\n

At present, the share is trading around 29.75p.<\/p>\n

There’s a pretty obvious trigger level residing at 27.7p as traffic below such a level is liable to deflate the share price down to an initial 26.7p. If broken, secondary calculates down at 21.25p and we’ve really hope for a reasonable rebound, if such a target level appears. The big problem, if the price CLOSES below 21.25 is the retail bank share price enters a region where our “ultimate bottom” works out at a silly sounding 5p.<\/p>\n

 <\/p>\n

One ray of hope with a target of 21.25p is it matches the low of 2011, when Lloyds Bank was given its final kicking thanks to the financial crash of 2008\/9. Should the share price explore such a hideous depth, there’s an entire nation of chart watchers who will doubtless assume “double bottom”, jumping in to catch a solid rebound. We need to remind, yet again, this share cannot afford to close below such a target level as the implications are worse than a Downing St press briefing.<\/p>\n

 <\/p>\n

The slightly better news possible is if Lloyds would find sufficient reason to now trade above 35p. We hope this shall present itself as a trigger level to drive recovery up to an initial 40p with secondary, if exceeded, working out at a longer-term (or next day) target of 48p. Above such a level, it will be essential we return to tea leave stirring duties but certainly a sigh of relief will be justified.<\/p>\n

\"Hey,<\/span><\/span><\/p>\n

<\/a><\/span><\/span><\/p>\n

<\/a>FUTURES<\/span><\/span><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
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Time Issued<\/span><\/p>\n<\/td>\n

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Market<\/span><\/p>\n<\/td>\n

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Price At Issue<\/span><\/p>\n<\/td>\n

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Short Entry<\/span><\/p>\n<\/td>\n

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Fast Exit<\/span><\/p>\n<\/td>\n

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Slow Exit<\/span><\/p>\n<\/td>\n

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Stop<\/span><\/p>\n<\/td>\n

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Long Entry<\/span><\/p>\n<\/td>\n

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Fast Exit<\/span><\/p>\n<\/td>\n

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Slow Exit<\/span><\/p>\n<\/td>\n

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Stop<\/span><\/p>\n<\/td>\n

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Prior<\/span><\/p>\n<\/td>\n<\/tr>\n

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9:58:11PM<\/span><\/p>\n<\/td>\n

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BRENT<\/span><\/p>\n<\/td>\n

\n

29.9<\/span><\/p>\n<\/td>\n

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

‘cess<\/span><\/p>\n<\/td>\n<\/tr>\n

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9:59:46PM<\/span><\/p>\n<\/td>\n

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GOLD<\/span><\/p>\n<\/td>\n

\n

1717.86<\/span><\/p>\n<\/td>\n

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1707<\/span><\/p>\n<\/td>\n

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1699<\/span><\/p>\n<\/td>\n

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1683<\/span><\/p>\n<\/td>\n

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1725<\/span><\/p>\n<\/td>\n

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1729<\/span><\/p>\n<\/td>\n

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1737<\/span><\/p>\n<\/td>\n

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1747<\/span><\/p>\n<\/td>\n

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1709<\/span><\/p>\n<\/td>\n

<\/td>\n<\/tr>\n
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10:03:07PM<\/span><\/p>\n<\/td>\n

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FTSE<\/span><\/p>\n<\/td>\n

\n

5568.72<\/span><\/p>\n<\/td>\n

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

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

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10:05:04PM<\/span><\/p>\n<\/td>\n

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FRANCE<\/span><\/p>\n<\/td>\n

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4341.2<\/span><\/p>\n<\/td>\n

\n

4335<\/span><\/p>\n<\/td>\n

\n

4318<\/span><\/p>\n<\/td>\n

\n

4232<\/span><\/p>\n<\/td>\n

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4385<\/span><\/p>\n<\/td>\n

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4394<\/span><\/p>\n<\/td>\n

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4412.5<\/span><\/p>\n<\/td>\n

\n

4440<\/span><\/p>\n<\/td>\n

\n

4337<\/span><\/p>\n<\/td>\n

\n

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

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10:07:26PM<\/span><\/p>\n<\/td>\n

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GERMANY<\/span><\/p>\n<\/td>\n

\n

10247<\/span><\/p>\n<\/td>\n

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

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

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10:09:39PM<\/span><\/p>\n<\/td>\n

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US500<\/span><\/p>\n<\/td>\n

\n

2778.12<\/span><\/p>\n<\/td>\n

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

‘cess<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

10:12:07PM<\/span><\/p>\n<\/td>\n

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DOW<\/span><\/p>\n<\/td>\n

\n

23464<\/span><\/p>\n<\/td>\n

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

Success<\/span><\/p>\n<\/td>\n<\/tr>\n

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10:14:17PM<\/span><\/p>\n<\/td>\n

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NASDAQ<\/span><\/p>\n<\/td>\n

\n

8397.28<\/span><\/p>\n<\/td>\n

<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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10:16:27PM<\/span><\/p>\n<\/td>\n

\n

JAPAN<\/span><\/p>\n<\/td>\n

\n

19262<\/span><\/p>\n<\/td>\n

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

‘cess<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

15\/04\/2020 FTSE Closed at 5597 points. Change of -3.35%. Total value traded through LSE was: \u00a3 6,952,759,094 a change of 5.89%<\/h5>\n
14\/04\/2020 FTSE Closed at 5791 points. Change of -0.87%. Total value traded through LSE was: \u00a3 6,566,152,057 a change of -6.93%<\/h5>\n
9\/04\/2020 FTSE Closed at 5842 points. Change of 2.91%. Total value traded through LSE was: \u00a3 7,054,916,655 a change of 16.86%<\/h5>\n
8\/04\/2020 FTSE Closed at 5677 points. Change of -0.47%. Total value traded through LSE was: \u00a3 6,036,851,647 a change of -23.98%<\/h5>\n
7\/04\/2020 FTSE Closed at 5704 points. Change of 2.19%. Total value traded through LSE was: \u00a3 7,941,411,250 a change of 28.33%<\/h5>\n
6\/04\/2020 FTSE Closed at 5582 points. Change of -100%. Total value traded through LSE was: \u00a3 6,188,185,847 a change of 0%<\/h5>\n
3\/04\/2020 FTSE Closed at 5415 points. Change of 0%. Total value traded through LSE was: \u00a3 5,740,716,351 a change of 0%<\/span><\/h5>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

#Gold #France We often berate the media for their never-ending doom and gloom, then realise we can be guilty too. Last month, we warned of danger should #Lloyds slip below 47.8p (Link) and it did, ‘successfully’ hitting our drop target of 31p. We’re genuinely not proud about this sort of thing, just rather concerned thanks … <\/p>\n

Continue reading “Lloyds Bank for 16\/04\/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-1769","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1769","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=1769"}],"version-history":[{"count":4,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1769\/revisions"}],"predecessor-version":[{"id":1773,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1769\/revisions\/1773"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1769"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}