{"id":960,"date":"2019-05-21T23:01:44","date_gmt":"2019-05-21T22:01:44","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=960"},"modified":"2019-05-22T08:52:58","modified_gmt":"2019-05-22T07:52:58","slug":"lloyds-for-22-05-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/05\/21\/lloyds-for-22-05-2019\/","title":{"rendered":"Lloyds for 22\/05\/2019"},"content":{"rendered":"\n

Lloyds Bank #Cac40 #Nasdaq <\/strong>\nUK Bank share prices continue to adhere to the Elephant \nsex joke. If you’re successful, it takes 18 months for anything to happen. If \nunsuccessful, get trampled to death. When we last reviewed Lloyds, we speculated \nit was probably about to get stuck in a trading range between 57.5 and 63p. \nGuess what?<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

In the period since our last analysis, the share broke \nour 63p trigger level, hit our initial 60p target (crucially breaking it on the \nfirst downward surge) and despite a low of 59.2p, Lloyds remains with the threat \nof a bottom around the 57.5p level. But it’s proving painfully slow but is \nprobably presenting a safe trading target, regardless of whether opting for a \nLong or Short position. Regardless of choice, entering around the midway level \nin the 60p area, then waiting a while to take some profit, looks a viable \nstrategy. For a Long position, a stop can be emplaced around 56p, for a Short \nposition, a stop looks like 64p. As the chart shows, the difficult part of any \ntrade looks like patience.<\/p>\n\n\n\n

We’re actually (a bit) surprised it hasn’t hit the \n57.5p level yet but for some reason, banking shares appear attuned to whatever \nBrexit music is playing politically. If this is indeed the case, the big picture \npresently suggests 41p is exerting a long term attraction eventually, doubtless \nrequiring the correct level of political incompetence to sufficiently damage the \nshare price. Indeed, if the political will exists to really trash Lloyds share \nprice, “ultimate bottom” now calculates down at 26p.<\/p>\n\n\n\n

If we opt to assume the worst for the near term, \napparently weakness on Lloyds now below 59.2p should drive the share back to \n57.5p initially. We’d hope for a rebound at such a level but we must admit, we \ncan now calculate a secondary at 56p.<\/p>\n\n\n\n

Should we attempt a positive stance, the price requires \nbetter 65.3p to confirm a rise is possible, this triggering potential movement \nto 68p initially with secondary, if bettered, at a game changing 77p.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\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

9:50:16PM<\/font><\/TD>

\n\t

BRENT<\/font><\/TD>

\n\t

71.42<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

9:52:59PM<\/font><\/TD>

\n\t

GOLD<\/font><\/TD>

\n\t

1274.91<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

9:55:06PM<\/font><\/TD>

\n\t

FTSE<\/font><\/TD>

\n\t

7355.8<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

9:57:33PM<\/font><\/TD>

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FRANCE<\/font><\/TD>

\n\t

5387<\/font><\/TD>

\n\t

5345<\/font><\/TD>

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5330<\/font><\/TD>

\n\t

5306<\/font><\/TD>

\n\t

5380<\/font><\/TD>

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5403<\/font><\/TD>

\n\t

5427<\/font><\/TD>

\n\t

5459<\/font><\/TD>

\n\t

5348<\/font><\/TD>

\n\t

<\/TD> <\/TR>\n

\n\t

10:01:01PM<\/font><\/TD>

\n\t

GERMANY<\/font><\/TD>

\n\t

12160.94<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

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

\n\t

10:03:16PM<\/font><\/TD>

\n\t

US500<\/font><\/TD>

\n\t

2865.17<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

<\/TD> <\/TR>\n

\n\t

10:06:02PM<\/font><\/TD>

\n\t

DOW<\/font><\/TD>

\n\t

25881<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n

\n\t

10:08:29PM<\/font><\/TD>

\n\t

NASDAQ<\/font><\/TD>

\n\t

7456.54<\/font><\/TD>

\n\t

7387<\/font><\/TD>

\n\t

7362.5<\/font><\/TD>

\n\t

7325<\/font><\/TD>

\n\t

7456<\/font><\/TD>

\n\t

7475<\/font><\/TD>

\n\t

7509.5<\/font><\/TD>

\n\t

7563<\/font><\/TD>

\n\t

7412<\/font><\/TD>

\n\t

<\/TD> <\/TR>\n

\n\t

10:11:21PM<\/font><\/TD>

\n\t

JAPAN<\/font><\/TD>

\n\t

21365<\/font><\/TD>

 <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD>  <\/TD> \n\t

‘cess<\/font><\/TD> <\/TR>\n\n<\/TABLE>\n\n

21\/05\/2019 FTSE Closed at 7328 points. Change of 0.25%. Total value traded through LSE was: \u00a3 5,579,496,230 a change of 2.76%<\/h>\n","protected":false},"excerpt":{"rendered":"

Lloyds Bank #Cac40 #Nasdaq UK Bank share prices continue to adhere to the Elephant sex joke. If you’re successful, it takes 18 months for anything to happen. If unsuccessful, get trampled to death. When we last reviewed Lloyds, we speculated it was probably about to get stuck in a trading range between 57.5 and 63p. … <\/p>\n

Continue reading “Lloyds for 22\/05\/2019”<\/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-960","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/960","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=960"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/960\/revisions"}],"predecessor-version":[{"id":961,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/960\/revisions\/961"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=960"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}