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AFCapital21

LLOY, Gap Upward after cross a resistance

Long
LLOYDS BANKING GROUP ORD GBP0.1 (LSE_DLY:LLOY)  
AFCapital21  
LSE_DLY:LLOY   LLOYDS BANKING GROUP ORD GBP0.1
Support and Resistance Double Top or Bottom Oscillators
3
0
supportandresistance doubletoporbottom oscillator
After a formation of a double bottom, we can see the price crossing the two resistance levels.

Making a Gap on Thurdays Open.

DMI is showing some bullish strength, RSI is at an extreme of overbought. Volume is increasing right now, after decreasing on Thursdays.

WIth these factors, the price it will probably try to close the gap or even test the new support level.
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