"If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." JP Getty

$LYG LLoyd’s April 8th Chart Update

Last quote: (LYG: 4.46 0.00%)

So far it’s been rising steadily with tiny corrections along the way and filling most gaps. There’s an open gap around $3.50 which is where I think it may go. It looks overbought now. LYG can still keep going up but a correction to $3.50 wouldn’t be out of the question IMO.

Then it can go on and build an inverse head-and-shoulders (a pattern that worked so amazingly well on (BEE: 3.78 0.00%)!)

Click to enlarge
lyg1

 


Related Articles

 


No feedback yet.

Have an opinion? Leave a comment: