Trends and Targets for 10/04/2018

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Lloyds Bank (LSE:LLOY) Writing about Lloyds is similar to cutting the grass - something one would prefer avoid but in reality, it needs done! Just as the lawn outside is starting to look threatening, it's that time of the month where we really must pay attention to another UK retail bank.

As the chart below highlights, Lloyds Bank differs from our lawn in one important detail. Visually, it's not ready to grow just yet.

If we view the trend since 2015 in BLUE, it appears Lloyds Bank share price requires above 71.75p before any rise should be taken seriously. This seemingly arbitrary trend isn't quite as random as it appears. It maps the highs since Lloyds price was trashed at the end of 2009, hopefully providing a reasonable starting point for any proper share price recovery.

In addition, we've not shown the downtrend since 2007 but there's a reasonable expectation the share price is now trading above this line. Our reasoning against showing it was simple - Lloyds share price appears to be a virtual straight line, if the y-axis of the chart allows for 600p+.

What can be expected, should Lloyds Bank manage a miracle and close a session above 71.75 - BLUE?

It appears growth to an initial 75.5 makes sense with secondary, if bettered, now at 80p.

The visuals suggest achieving 80p is liable to be game changing for the shares future potentials as 100p and beyond becomes viable long term ambitions.

Of course, we need dwell on the down side of life as it IS a retail bank. Below 56p and it's stuffed with an initial 49 expected as a footnote on a road to 31p. We would suspect the market would enact a 10:1 share consolidation as an effort to conceal such potentials. After all, it is a retail bank.

Chart goes here

FUTURES

 


Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior


10:53:23PM

BRENT

68.39

               

10:55:15PM

GOLD

1336

1326

1317.8

1309

1336

1339

1343.05

1350.9

1326



10:56:56PM

FTSE

7191.58

               

11:02:06PM

FRANCE

5253.8

5210

5175.5

5137

5290

5291

5319.25

5360

5210



11:05:14PM

GERMANY

12249

               

11:07:35PM

US500

2617

               

'cess


11:09:49PM

DOW

24027

               

Shambles


11:12:09PM

NASDAQ

6481.12

               

Shambles


11:13:51PM

JAPAN

21610

               

Success

 

 

SUCCESS above means both FAST & SLOW targets were met. 'CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today's updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

 

We can be contacted at [email protected] Spam filters set to maximum so only legit emails get through...

 


Section One - Outlook Updated Today. Click here for Section Two - Outlook Remains Valid shares

 

 

 

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:DGE Diageo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glug** **LSE:OXIG Oxford Instruments** **LSE:POLY Polymetal** **LSE:SBRY Sainsbury** **LSE:VEC Vectura** **LSE:VOD Vodafone** **

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Updated charts published on : Diageo, Genel, Glencore Xstra, ITV, Lloyds Grp., National Glug, Oxford Instruments, Polymetal, Sainsbury, Vectura, Vodafone,


LSE:DGELSE:DGE Diageo. Close Mid-Price: 2510 Percentage Change: + 0.70% Day High: 2515 Day Low: 2487

2018=55

Movement now above 2515 still indicates recovery to an initial 2578 with s ........

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View Previous Diageo & Big Picture ***


LSE:GENLLSE:GENL Genel. Close Mid-Price: 187.6 Percentage Change: + 5.04% Day High: 189.6 Day Low: 178.6

2018=9

Target Met. Movement now bettering 190 should commence a cycle toward 204p ........

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View Previous Genel & Big Picture ***


LSE:GLEN Glencore Xstra Close Mid-Price: 339.15 Percentage Change: -3.42% Day High: 347.3 Day Low: 329.95

2018=28

Target Met. We still suspect any bounce shall prove short lived as below 3 ........

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View Previous Glencore Xstra & Big Picture ***


LSE:ITVLSE:ITV ITV. Close Mid-Price: 149.1 Percentage Change: + 0.68% Day High: 150.5 Day Low: 148.7

2018=14

This appears to have regained the prior uptrend, suggesting now above 151 ........

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View Previous ITV & Big Picture ***


LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 66.65 Percentage Change: + 0.50% Day High: 66.98 Day Low: 66.29

2018=28

Above 67 and movement toward and initial 67.5 is expected, fairly useless ........

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View Previous Lloyds Grp. & Big Picture ***


LSE:NG.LSE:NG. National Glug. Close Mid-Price: 833.8 Percentage Change: + 1.13% Day High: 833.8 Day Low: 821.7

2018=14

Now above 834 remains with the suggestion of 852 next with secondary, if b ........

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View Previous National Glug & Big Picture ***


LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 798 Percentage Change: + 5.14% Day High: 805 Day Low: 769

2018=14

Target Met. Growth now above 805 enters a cycle toward 848 next with secon ........

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View Previous Oxford Instruments & Big Picture ***


LSE:POLY Polymetal Close Mid-Price: 591 Percentage Change: -18.37% Day High: 727.6 Day Low: 591.4

2018=28

Target Met. Whatever this said to offend the market was clearly brutal. Be ........

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View Previous Polymetal & Big Picture ***


LSE:SBRY Sainsbury Close Mid-Price: 244.7 Percentage Change: -0.53% Day High: 248.5 Day Low: 244.8

2018=28

This is almost interesting. Growth above 249 should bring an initial 257 w ........

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View Previous Sainsbury & Big Picture ***


LSE:VEC Vectura Close Mid-Price: 81.5 Percentage Change: -1.75% Day High: 84.35 Day Low: 80.75

2018=14

Near term, movement up above 85 should prove capable of 88, regaining the ........

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View Previous Vectura & Big Picture ***


LSE:VOD Vodafone Close Mid-Price: 203.65 Percentage Change: -0.17% Day High: 205.45 Day Low: 202.95

2018=18

Now above 206 and it appears 212 awaits with secondary 223p. Probably will ........

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View Previous Vodafone & Big Picture ***


*** End of "Updated Today" comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:KAZ Kaz Minerals** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBS Royal Bank Scot** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VED Vedanta** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

 

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

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