LYG is trying to break through the resistance of $4.03 set last week (as indicated by the green line). My target for LYG is $5.00 as identified by the next Chikou Span. Assuming it break through $4.03, we can see that Chikou Span face very little resistance ahead. All we need is a little catalyst… Continue reading Lloyds Banking Group (LYG) : Attempting to break through Chikou Span resistance
Tag: Lloyds Banking Group
Lloyds Banking Group (LYG) : Double Bottom with Ichimoku cros
Yesterday, I saw a news on LYG highlighting that it may offload some of its property assets into a REIT. What follows was a study of the Ichimoku chart below :