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LLOY -chartists help pls

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6 years 11 months ago - 6 years 11 months ago #15701 by Trendfriend
lloy - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...OWwW2T76IAQLzGkWglE=

breakout above a long term falling resistance trendline.

your chart doesn't show the 1,2,3 low break.
it happened a while ago imvho, pink line on my chart below.

lloy - daily close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...FO4u%2FU%2FlfW2uA%3D

i think this should a small p/b to the 50 & 200 day ema line, and the support of the last rally peak(pink line), around 58/60p. i don't see any reason to buy now, especially as this tends to drop when the rsi hits the 80 overheated level.... ;)

just my view, hope its helpful

atb, wdik, dyor,
trendfriend :)
Last edit: 6 years 11 months ago by Trendfriend.
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6 years 11 months ago #15700 by Paitech
Replied by Paitech on topic LLOY -chartists help pls
Looks a very good break out of 1-2-3 ? Please confirm chart experts!

Attached is chart...
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6 years 11 months ago #15699 by Paitech
Replied by Paitech on topic LLOY -chartists help pls
All,
LLOYD is breaking out ...
Will add charts soon
Ta
G

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8 years 5 months ago - 8 years 5 months ago #14990 by Trendfriend
lloy - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...Y3Alpteyfgvv7R3cM%3D

yes, on the daily it has broken out.... ;)

lloy - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...Ec47MEEzgH7+ZpzqGzE=

however the weekly shows how this has problems around the 200 day ema line....once it gets above it stays above, once below it seems to stays below....(see red boxes)....so looks to be feature imvho....

So maybe wise to wait for a weekly close above 69.50p before taking the plunge to the long side or adding longs...

atb, wdik, dyor,
trendfriend
Last edit: 8 years 5 months ago by Trendfriend.
The following user(s) said Thank You: annes goal, Paitech

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8 years 5 months ago #14989 by Paitech
Replied by Paitech on topic LLOY -chartists help pls
Chart attached
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8 years 5 months ago #14988 by Paitech
Replied by Paitech on topic LLOY -chartists help pls
Looks like this has broken out?

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