Alex_Quiroga

Rising interest rates = Buy Banks (#2 LYG)

Long
NYSE:LYG   LLOYDS BANKING GROUP
For the moment I only have a resistance line breakout and this idea need to wait for a pullback around the 3.80 area, apart of that this is a low volatility stock the last movement was 0.60 from the beginning of December to today but is appropriate to wait.
The other aspect here is what are the intentions of the investor, buy and hold or do quick swing trade. This is not my field I only share stocks who are going through a good time. My idea may like at to many people, but the time they want to hold a position may vary from one person to another. Some Investor want to buy and hold for one month and other for some years it depend of the future behavior of the stock in any case I only share good entry points the handle of the trade is yours
The banks I sharing so far they are reacting to the rising interest rates because other banks in my watch list have been bullish for more than a year.
I do not shared trends in progress because they are already a fact, the intention is buy low or not.

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