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Home / Momentum / Lloyds Banking

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Lloyds Banking

Is this trend a good trading opportunity?

Will Lloyds Banking turn, or will it continue to rise to July 19 highs around 58.6p?

  • Shares +5.5% since Yesterday.
  • Broken above 50p.
  • Now trading 51.47p (at the time of writing).
  • Will the positive momentum continue towards July 2019 highs around 58.6p?
  • Shares trading -22% 2019 highs; +7% from 2019 lows; +1.8% year-to-date.
  • 9th September: Lloyds declared final provisions for PPI
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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