ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

Lloyds Banking Group Plc Price: LLOY May Reduce Points Underneath 52

Share On Facebook
share on Linkedin
Print

Some activities have been going on to show that the Lloyds Banking Group Plc share market (LSE:LLOY) may reduce points underneath the 52 resistance line in the near time. A convergence of price values around the systemical trading spot of 50 will potentially metamorphose into a decline-moving trend the moment a point around the 40 breaches southward. Based on that sentiment, buyers and fresh intending investors are to stay off from carrying out their stances at this point for some time until a lower-zone-trading formation achieves afterward.

Resistance Levels: 52, 54, 56
Support Levels: 47, 45, 43

Is there a reliable sell signal on the LLOY indicators at the moment?
Although the LLOY Plc price has reached a crucial higher-resistance trading level, there has been no significant sign to support the execution of shorting orders, as it has been beneath the 52 level. The 15-day EMA indicator is over the 50-day EMA indicator. The Stochastic Oscillators are in the overbought region, moving in a consolidation mode. It would be technically inclined to investors to cash out partially at this moment before significant fall-offs start to crop in no time.

Learn from market wizards: Books to take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments

  1. Thanh Sievwright says:

    Hi advfn.com administrator, Thanks for the well written post!

  2. Ada Bowen says:

    Hi advfn.com owner, Well done!

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 | help@advfn.com