this broke out earlier today but then finished below the breakout point.
Im long on this already and have my stops below 230 so small risk. Im long based on the 123 low breakout earlier.


dl.dropboxusercontent.com/u/4899609/barc17thapril2014.png

Is this now breaking out?

123 low breakouts.

Banks.

dl.dropboxusercontent.com/u/21384991/Banks%20%28DFB%29.png

Barclays is breaking out of its 123 today.

dl.dropboxusercontent.com/u/21384991/Bar...0PLC%20%28DFB%29.png

Hsbc is looking good for a 123 breakout.

dl.dropboxusercontent.com/u/21384991/HSB...E%29%20%28DFB%29.png

hi insideinfo
your chart dont look right as barc finished with a long legged doji last night. And this came right at support with the follow through this morning.
I personally went long yesterday and mentioned this on the chat room. Sorry for not posting on here..totally forgot..
Hopefully this has bounced of the bottom of the channel. but stops should be used still.Ive moved my stop to breakeven .


dl.dropboxusercontent.com/u/4899609/barc13thmarch2014.png

Inside Informant wrote:

screencast.com/t/0MK2cRi8UiBG

Another chart

dl.dropboxusercontent.com/u/7238706/Barc...%20PLC%20%28-%29.png

My betting is this is heading for 199/200, but it's just my opinion so DYOR

unless this finishes with a long legged doji..
Thats what is needed for barc to show some strength. If this area holds then barc still has a chance to move back up...all depends on how it finishes the day

This bounced on the first attempt but has since gone through so now this can really drop . To risky to go long on this .


dl.dropboxusercontent.com/u/4899609/barc12thmarch2014.png

screencast.com/t/PEEFxg0Mb

230p could this be the bottom for a small bounce?

Lol! That should have read big pic view!

Thanks WS,

I note with some concern that your Feb 2012 high is at 259 whereas mine is 240. The fact that this level has been broken (the Feb 2012 high) means that the current sideways move is unlikely to be a wave 4 which was part of my thinking. It could always be a leading diagonal I suppose, and there's still the gap trade to consider but I'll be a little more cautious if that high was 259.

I'll check with some other charts.

PS I'll try and post a bog pic view on TLW later - could be an enormous H&S in play with neckline at 414-ish...

Nice jacko,

234/240 seems a good target to go long with stop below or a break n hold abv 259 level.

a break below 234 > 220 would signal danger.

dl.dropboxusercontent.com/u/40497882/Bar...20%28DFB%29Daily.png



All imho

WS

BARC is back on the radar as it's approaching a very important level at 235-240p after a year of trading in a 50p sideways range. It's going to be really important that this level holds if this range is going to be a consolidation towards higher prices. Here's a daily chart:



dl.dropboxusercontent.com/u/20815047/FTS...ARCdaily07_03_14.png

You can see how the 245p support held again recently but prices headed back to it yesterday suggesting that this support is unlikely to hold. The important level can be seen left. Here we see it gapped up after a close above the daily breakout level at 235p, then, only 8 days later, it gapped up substantially from a major breakout from the weekly chart (see below) at 240p:



dl.dropboxusercontent.com/u/20815047/FTS...RCweekly07_03_14.png

Indicators are either rising or forming possible divergences (questionable given the sideways nature of the chart) but to me this is worth a long at either 235p or 240p with a tight stop below 235p.

I'd welcome other views on this.

Please can someone share their TA on Barclays?

I have tried to look at it from a very lazy perspective and could find a few sticky questions.

I have attached a weekly chart
dl.dropboxusercontent.com/u/4385922/barclays.png

thanks