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