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..Gaps on multiple time frames ,, not good.
good luck
As stated at the beginning of the week the TA is holding up, short term bullish, price Crosses Moving Average ,21-day. fully expected the SP to start to retreat.
Good Luck
Lloy SP retracing as fully expected...
i wish the fca would sort this lot out ,total shambles
Darth,
You’re a genius. What would we do without you ? Lloyds is dropping today, together with just about everything else......
The ftse100 is down Chinese data and US stimulus wrangling hit sentiment
TP, yes, the jokey's pride is hurting,
The ftse100 is down as it failed to break resistance, numerous times recently. China, stimulus was to some priced in but as we can see it is not. Brexit is not priced in and any bumps in the road will feel like meteors hit....
LLoy TA still in play, more downside to come.....
As stated previously the TA is holding up, fully expected the SP to gather momentum to the downside.
Good Luck
House moves slump by a third in the first half of 2020
19 August 2020
Number of homemovers drops 31% in first six months of 2020
House moves decline by 25% in Greater London up to 37% in Scotland
Average price paid by homemovers up by a third to £339,062 in the last five years
https://www.lloydsbankinggroup.com/Media/Press-Releases/2020-press-releases/lloyds-bank/lloyds-bank-homemover-review/?optoutmulti=0:0|c1:1|c3:0|c5:0|c4:0|c2:0&optmessage=1
Scottish house moves dip by more than a third
19 August 2020
Number of homemovers down 37% in first half of 2020
Average price paid up by a third to £225,657 in the last five years
The average deposit required has increased by 14% since 2015
https://www.lloydsbankinggroup.com/Media/Press-Releases/2020-press-releases/bank-of-scotland/bank-of-scotland-homemover-review/?optoutmulti=0:0|c1:1|c3:0|c5:0|c4:0|c2:0&optmessage=1
It is time to move on from H1 ! We all know it was rubbish and is reflected in the SP of many companies.
Bought in today again, for a LT hold.
LLoy TA, as expected SP retracing, more downside to come.....new lows?
UKX.L breached 6k...
ASP1, this is no Bear Trap...it's a Bull Trap and had been coming for a while.
Darth been saying the same since March when I sold at a heavy loss. Bull trap for many companies. Good and bad.
In the scheme of things Falkland I don't think anyone invested here would question your price predictions, only the timespan to achieve it.
Why else would anyone have a position here, it's not for the dividend ATM.
Of course there are some on here who appear to have an interest in neither.
DT talks much sense ! I warned LTI 4 yrs back when in 70's that lloy would revisit 28p .Abuse followed but I was proved right . DT will be proven right in the near term . The bigger picture is of paramount importance .
"In the scheme of things Falkland I don't think anyone invested here would question your price predictions, only the timespan to achieve it."
Timespan. Time the second component of investing. When you run out of it, can be fatal on the pocket as many already know. Markets have changed manipulated by CBs to keep the wealth effect up. The real free markets will return, whether it makes you richer or poorer is another matter.
True price discovery will have the last say - always does.
TP, the thing is UKX.L had failed, numerous times, to breach resistance yet it breached support levels..sound familiar...
NWG chart also looking very bearish...
Good Evening DT........ why don’t you listen to Fakeland who makes good sense and is always factual....... 34.9p SP NO BRAINER BUY ,this won’t drop below 30p again, 40p Friday , not worth day trading. Take a look on the NEX board the posters there also hold him in high esteem.
Keep posting DT I enjoy reading your posts have a good weekend
john46, i called it right as you did, and tbh people are dismissing all the uncertainty, Brexit, No Deal, mass unemployment when furlough ends, ETC , ETC...RecoVery gone WecoveWee, 2nd Wave c-19.......,
Possibility of Lloy consolidation @25 , 30/1....Lloy had been under a £ for 11yrs...
WESTCCOUNTRYBO, the little falker doesn't even have the track record of a broken clock, it really doesn't get worse than that, and his excessive optimism needs professional help, very dangerous scribbling indeed...