RE: 50p friday12 Nov 2021 10:18
I wouldn't worry too much about daily SP, its the general stability that counts. After all the SP only really counts when you sell, prior to that its all paper wins and losses.
LLOY looks to be doing well, but there is obvious resistance around that 50p line.
I have no doubt it will breach that wall at some point, and more importantly, maintain that price.
I'm just not certain that its going to be today.
I've noticed that Fridays often show many of the stocks in my portfolio falling slightly before the weekend, only to recover early the following week. I have no idea why that is, and its not every stock on every Friday, but its certainly a thing.
I can't fathom why this is, and I'm not talking a couple of stocks, I'm looking at 21 stocks in diversified sectors.
Anyway thats why I have my doubts about 50p today.
I am as always happy to be wrong when it increases my paper value.