Hi Joshee13 I tend to look at moving averages when trying to understand the direction of a share price. Others , who are far more knowledgeable than I look at charts in more depth. If you look at the BARC chart from January 2014 to date it is on a steady downward path from a price of about 2.96. The MA's indicate this 'may' have flattened out and there are suggestions that 2.27 is the new resistance level BUT as everyone on here says, none of us are capable of predicting the future, or we would all be gazillionaires. I do however believe that in the long term BARC will recover. It will take a reduction in the size and frequency of fines though, along with more positive news from Jenkins, which he follows up on.The appointment of John McFarlane is a prime example of how the SP can be affected by both positive and negative PR . I tend to agree with Joey's last post about finding a method that works for you. I am long and as with AlanG have a substantial holding.
Hey guys been reading this chat for a little while now. Just wondering on other peoples opinions on the share price? Do you think we are going to see a repeat off last month when it dropped to almost £2 :0 The price is so up and down its killing me. Possible short? ..
Alan, I think your misinterpreting if you mean me. I'm not being doom and gloom. I'm just looking for profit any direction, any time. Hey, if it's a long tomorrow, Il be long. I don't hold any long term. Directional interests. I just go with the flow. So, if it does fly to 300p one,day, Il be long with you. Lol
Barclays are a Global bank who are making profits and paying dividends not to mention the 6 billion windfall from Leyman Brothers. Jenkins is doing a good job in turning the company around from the car crash that was left for him from the Diamond tenure. Dead wood and bad apples have been shown the door none core business and none profit making business sold off and costs under very strict controll. Barclays will come good and I have total confidence in Jenkins and his team I topped up with my dividends and now hold my target quantity of 100,000 k shares . If I have to hold for 2/3 years no problem I don't lose any sleep and at the current price the share price is a bargain. Good luck to all fellow investors don't listen to the doom and gloom merchants posting on here I experienced the same when I bought BP after the rig disaster the SP nearly halted and it was all doom and gloom ie the company is going under, it will have to sell of key assets etc, etc . I filled my boots and doubled my money and I have no doubt the same will apply here.
I'm going to build a website, with video content, risk management, and the math reasoning behind why I choose to enter an instrument with a given method Eg spread or option etc. To make it worth doing, Il give market outlook for any instrument someone wants me to. Il explain it on video, in detail. Il include price action, and most importantly, the three types that are only worth trading. Il also explain why others commonly used, fail, with illustrations through failed trades I took with them in the past. And just to keep the knockers at bay, it will be a completely FREE site, ALWAYS. Il make sure it's not the typical hindsight crap. Il even run my portfolio on it, so performance can be,watched real time Something to do, and stop chatting so much haha. I think it's important to run my portfolio in full view. Sonny sites, full of crap. If you find one where they actually show their own portfolio in real time, tbat could be your first point of reference. But don't pay for it. Il do it for the love of markets. You keep your money to trade them
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