LLoyds Bank in inverted and shoulders.Lloyds Bank - 30d expiry - We look to Buy a break of 43.71 (stop at 41.98)
Trading has been mixed and volatile.
A bullish reverse Head and Shoulders has formed.
43.62 has been pivotal.
A break of the recent high at 43.62 should result in a further move higher.
The bias is to break to the upside.
Our outlook is bullish.
Our profit targets will be 47.88 and 49.88
Resistance: 43.60 / 45.00 / 46.50
Support: 42.00 / 40.50 / 38.50
Disclaimer – Saxo Bank Group.
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