TipTVFinance

Barclays – Poised for correction

LSE:BARC   BARCLAYS PLC ORD GBP0.25
Barclays is one of the volume leaders today. The stock appears priced for a correction –

Bearish price RSI divergence on the 4-hour chart
Overbought on the daily chart
Stuck at weekly 100-MA

Thus, a minor pull back to 200 from the current price of 2111 appears likely.

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