If the price respects the fibo zone and the moving average, the price will go up.
Already broke out. Aiming for a gap close to 11,5 at least.
Nice base formation around 205 followed and a rebound from the 200-DMA with RSI nicely positioned above 50.00 levels, suggests potential for a rally to 225 levels in the short-term.
Daily chart - Breach of the rising trend line (drawn from June low and September low) adds credence to the round top pattern and bearish breakdown on the RSI. A daily close below 219.10 (Jan 31 low) would be an icing on the cake. Doors would be opened then for a sell-off to 200.00 levels.
Barclays has been in this range since December. I see prices moving lower before tracking higher to the psychological 250.00 level
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.
Barclays (BARC LN) – recently Co.’s shares have taken a hit after Trump gains ground in the election polls. Yesterday shares received a lift after UK courts decided that MP’s must be involved in the invoking of article 50. This led financial names and GBP to rally as a soft Brexit may be the outcome. Taking a look at the chart we are in a technical downtrend on...
Price is on support area , long view till the triangle resistance.
Well those who missed to short Citi, hsbc, scb, ms, wfc, boam bcs here is a new opportunity to maximize profit by shorting CapitalOne Bank COF . It is still in free fall zone. For low we can look for 2009 low price.
Daily chart chows – Falling trend line has been breached, however, RSI is close to being overbought, while money flow index is going nowhere Hence, failure to take out 175.45 (March 8 high) could yield a pull back to falling trend line level of 165 and 160 (23.6% of July 2015 high – June 2016 low). On a larger scheme of things, the stock appears on track...
Gold as save haven? No expiration timeframe, no extension possible. S&P500 correlated to deutsche bank (DB) Highly correlation between them. A price of 12,00 for one stock deutsche bank is to high. take a look at this figure: in bad fincial times we seek really horrible figures... On this moment Europe and the US have more or less the same problems in...
I have had BARC in my sights for a few months now and it is starting to pick-up. Will continue to see what happens from next week but we could see a bottom here.
Pattern – Falling trend line intact, possible inverse head and shoulder formation ahead Support – 159.35, 152.70, 148.25 Resistance – 162.63 (50-DMA) 177.55 (10-DMA + falling trend line), 183-185 (possible inverse H&S neckline Again, failure to take out falling trend line resistance if followed by a daily close below 50-DMA would add credence to the...
Daily uptrend but the macro environment is uncertain. The bigger picture is a monthly symmetrical triangle. Any long should be closed if the daily trendline support fails
Barclays has been in this range since 2009 and has found resistance at the top trendline of the triangle. Barclays is also in an updward daily channel and has found resistance at the top of the channel.