TipTVFinance

RBS could breach 50-DMA support

LSE:RBS   None
2
RBS has failed BOE's stress test and needs to raise GBP 2 billion. A year ago, Standard Chartered and bailed-out RBS had the weakest financial positions.

The stock could breach the 50-DMA support seen around 189.21 (also the rising trend line support). The MACD has already turned bearish.

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