Barclays earnings will push the price upwards tomorrow, they will still pay dividends even if their earnings report is weaker than expected. Expect either a straight push to the first target, or a follow along the trend line until the consolidation period is over and the big push out of the range occurs. Great long term hold especially with bullish divergence!
Had a nice little trade thanks to your idea! Thank you!!
StoneCap
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Good call!
UnknownUnicorn1081681
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Would you still call holding a long position?
lndlsnt
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@Nightblood, Technically yes, because you're holding the position until in profit. 'longing' in itself can only be executed with leverage, opposed to just buying and holidng. Longing does suggest that the price will increase though, so yes, holding would qualify as 'longing'.
UnknownUnicorn1081681
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@LindellBrown, You've misunderstood my terminology in regards to "holding", it is meant as are you still holding that idea of a bullish upswing? I am aware of long positions. I appreciate the response regardless.
lndlsnt
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@BornSinner, Yes, I am still bullish on this position. I have published an updated thesis on my page, so please take a look :)
UnknownUnicorn1081681
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@LindellBrown, Will do, thanks!
Arielis
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@LindellBrown, Would you mind updating your post with the latest trend. I`ve been holding a long position but finally keep being in minus ££££.
lndlsnt
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@Arielis, I have finally published an updated thesis. I hope this helps you!