Red alert: Lloyds share price could drop soon as a rare pattern forms!26 Aug 2025 09:17
"The risk, however, is that the stock has formed the highly bearish rising wedge pattern. This pattern comprises of two rising and converging trendlines.
The upper line connects the highest swings since October last year. Similarly, the lower line connects the lowest swings since April when Donald Trump delivered his Liberation Day speech.
The wedge pattern normally leads to a strong bearish breakout when the two lines near their confluence levels.
A look at its oscillators show that bearish patterns are emerging. The two lines of the MACD indicator are about to cross each other, while the Relative Strength Index (RSI) has moved closer to the overbought level at 70.
Therefore, the most likely scenario is where the Lloyds share price has a strong bearish breakout. If this happens, the next point to watch could be the 100-day EMA, which is about 11% below the current level. The bearish Lloyds stock price will become invalid if it jumps above the psychological point at 90p. "
https://invezz.com/news/2025/08/26/red-alert-lloyds-share-price-could-drop-soon/