LLOYDS BANKING GROUP ADR REP 4 ORD GBP0.10(BNY)

NYSE

LYG

LYG share prices have the potential to proceed to the upside if it holds above 2.50. Price targets are estimated at 2.60 and 2.65.

Buy Between 2.85-3.15 Target Level 3.50-3.60 Stop Loss 2.75

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....

Looking to go long on LYG. For educational purposes only!

Look for entry at $3.60-$3.65 if price level holds. Trade up to the top of the channel, which is ~$4.10.

LLOYDS BANKING GROUP has developed a strong uptrend. This uptrend is likely to continue. It is a well-capitalised company and has positive analyst ratings. Recently it has broken the long-term downtrend.

Last week -hopefully not the last week :-( the attempt to turn up broke down.

LYG has a lot going for it. Including the easing Europe is doing on ALL European Banks, starting RIGHT NOW! They have a lot of news in the pipelines and I have no doubt this stock will be over $6 in November

I'm bullish for the stock i love everything about it, the management, the price, and the revenue growth 32% this year