{"id":2285,"date":"2020-12-06T23:14:15","date_gmt":"2020-12-06T23:14:15","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=2285"},"modified":"2020-12-07T13:17:31","modified_gmt":"2020-12-07T13:17:31","slug":"lloyds-bank-for-7-12-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/12\/06\/lloyds-bank-for-7-12-2020\/","title":{"rendered":"Lloyds Bank for 7\/12\/2020"},"content":{"rendered":"

#Brent #SP500 <\/strong> Here in our part of Scotland, sometimes we wake up to amazing views. Friday was one such occasion, snow covered hills, a promise of blue sky, the local shipwreck almost concealed by a high tide. Better still, instead of raining, the sun came out, justifying taking the dogs into the hills to play in the snow (A Golden Retriever thing, almost a law!).<\/p>\n

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

As for Lloyds, for a few minutes early on Friday, the share also looked capable of enjoying a good day with some truly surprising price movements during the first 2 hours. Then, as with so many things on the UK market, enthusiasm waned with the price spending the rest of the day simply going through the motions. Surprisingly, from our perspective, this wasted effort gave some important clues as to where we should calculate the next trigger level and it’s at 39.6p.<\/p>\n

We should point out we’re already fairly enthusiastic for Lloyds potentials, thanks to the share price successfully closing above 38p. The marks a “higher high” for the period since the Covid-19 drop in March and from our perspective, this means we should now anticipate the share price over-performing. In plain English, this calculates price gains above 39.6p should bring a fairly boring movement to an initial 40.6p. In this scenario, should Lloyds manage to trade above 40.6p anytime soon, our thoughts lean toward the concept of flamboyant movement and in this case, we should not be surprised if 43p makes an appearance thereafter.<\/p>\n

It’s worth pointing out the obvious, expecting a retail bank share to provide a 10% rise in a single day is unlikely unless some important news comes along. However, Lloyds share price is already primed and ready for some useful recovery.<\/p>\n

From a Big Picture perspective, we can step back and mention we’re looking for 50p eventually with secondary, with closure above such a level, at a visually sensible 61.5p. For it all to go wrong against Lloyds, the share needs crumble below 31.7p, a pretty reasonable Stop Loss level for those brave enough to take a Long position on a retail bank.<\/p>\n

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

FUTURES<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Time Issued<\/td>\nMarket<\/td>\nPrice At Issue<\/td>\nShort Entry<\/td>\nFast Exit<\/td>\nSlow Exit<\/td>\nStop<\/td>\nLong Entry<\/td>\nFast Exit<\/td>\nSlow Exit<\/td>\nStop<\/td>\nPrior<\/td>\n<\/tr>\n
10:45:02PM<\/td>\nBRENT<\/td>\n49.1<\/td>\n48.78<\/td>\n48.56<\/td>\n48.12<\/td>\n49.48<\/td>\n49.86<\/td>\n50.14<\/td>\n50.62<\/td>\n48.8<\/td>\nSuccess<\/td>\n<\/tr>\n
6:16:52PM<\/td>\nGOLD<\/td>\n1839.21<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/td>\n<\/tr>\n
6:22:38PM<\/td>\nFTSE<\/td>\n6552.14<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nSuccess<\/td>\n<\/tr>\n
6:25:38PM<\/td>\nFRANCE<\/td>\n5614.9<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/td>\n<\/tr>\n
6:29:32PM<\/td>\nGERMANY<\/td>\n13276<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
6:35:51PM<\/td>\nUS500<\/td>\n3690<\/td>\n3668<\/td>\n3656.5<\/td>\n3642<\/td>\n3683<\/td>\n3695<\/td>\n3706.75<\/td>\n3716<\/td>\n3684<\/td>\n‘cess<\/td>\n<\/tr>\n
6:39:16PM<\/td>\nDOW<\/td>\n30155<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n‘cess<\/td>\n<\/tr>\n
6:42:50PM<\/td>\nNASDAQ<\/td>\n12509<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
6:45:23PM<\/td>\nJAPAN<\/td>\n26813<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\nShambles<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

4\/12\/2020 FTSE Closed at 6550 points. Change of 0.92%. Total value traded through LSE was: \u00a3 6,852,193,326 a change of -2.58%<\/h5>\n
3\/12\/2020 FTSE Closed at 6490 points. Change of 0.42%. Total value traded through LSE was: \u00a3 7,033,541,138 a change of 11.37%<\/h5>\n
2\/12\/2020 FTSE Closed at 6463 points. Change of 1.24%. Total value traded through LSE was: \u00a3 6,315,459,569 a change of 10.4%<\/h5>\n
1\/12\/2020 FTSE Closed at 6384 points. Change of 1.88%. Total value traded through LSE was: \u00a3 5,720,343,712 a change of -42.77%<\/h5>\n
30\/11\/2020 FTSE Closed at 6266 points. Change of -1.59%. Total value traded through LSE was: \u00a3 9,995,620,767 a change of -0.31%<\/h5>\n
27\/11\/2020 FTSE Closed at 6367 points. Change of 0.08%. Total value traded through LSE was: \u00a3 10,026,664,770 a change of 117.2%<\/h5>\n
26\/11\/2020 FTSE Closed at 6362 points. Change of -0.45%. Total value traded through LSE was: \u00a3 4,616,288,955 a change of -37.01%<\/h5>\n","protected":false},"excerpt":{"rendered":"

#Brent #SP500 Here in our part of Scotland, sometimes we wake up to amazing views. Friday was one such occasion, snow covered hills, a promise of blue sky, the local shipwreck almost concealed by a high tide. Better still, instead of raining, the sun came out, justifying taking the dogs into the hills to play … <\/p>\n

Continue reading “Lloyds Bank for 7\/12\/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-2285","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/2285","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=2285"}],"version-history":[{"count":2,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/2285\/revisions"}],"predecessor-version":[{"id":2288,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/2285\/revisions\/2288"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=2285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=2285"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=2285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}