Barclays has been in this range since December. I see prices moving lower before tracking higher to the psychological 250.00 level
Barclays is one of the volume leaders today. The stock appears priced for a correction – Bearish price RSI divergence on the 4-hour chart Overbought on the daily chart Stuck at weekly 100-MA Thus, a minor pull back to 200 from the current price of 2111 appears likely.
Barclays (BARC LN) – recently Co.’s shares have taken a hit after Trump gains ground in the election polls. Yesterday shares received a lift after UK courts decided that MP’s must be involved in the invoking of article 50. This led financial names and GBP to rally as a soft Brexit may be the outcome. Taking a look at the chart we are in a technical downtrend on...
Price is on support area , long view till the triangle resistance.
Well those who missed to short Citi, hsbc, scb, ms, wfc, boam bcs here is a new opportunity to maximize profit by shorting CapitalOne Bank COF . It is still in free fall zone. For low we can look for 2009 low price.
Daily chart chows – Falling trend line has been breached, however, RSI is close to being overbought, while money flow index is going nowhere Hence, failure to take out 175.45 (March 8 high) could yield a pull back to falling trend line level of 165 and 160 (23.6% of July 2015 high – June 2016 low). On a larger scheme of things, the stock appears on track...
Gold as save haven? No expiration timeframe, no extension possible. S&P500 correlated to deutsche bank (DB) Highly correlation between them. A price of 12,00 for one stock deutsche bank is to high. take a look at this figure: in bad fincial times we seek really horrible figures... On this moment Europe and the US have more or less the same problems in...
I have had BARC in my sights for a few months now and it is starting to pick-up. Will continue to see what happens from next week but we could see a bottom here.
Pattern – Falling trend line intact, possible inverse head and shoulder formation ahead Support – 159.35, 152.70, 148.25 Resistance – 162.63 (50-DMA) 177.55 (10-DMA + falling trend line), 183-185 (possible inverse H&S neckline Again, failure to take out falling trend line resistance if followed by a daily close below 50-DMA would add credence to the...