Home About the company Daily reviews Trading idea for Lloyds Banking Group PLC (LSE)

Trading idea for Lloyds Banking Group PLC (LSE)

03.09.2021

Market Review

#LLOY
The overall trend is upward. The descending patterns are truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss below the support level of 0.4278.
Target levels: 0.4600; 0.4800; 0.5010.

Author: GC
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?