LLOY, Gap Upward after cross a resistance
After a formation of a double bottom, we can see the price crossing the two resistance levels.
Making a Gap on Thurdays Open.
DMI is showing some bullish strength, RSI is at an extreme of overbought. Volume is increasing right now, after decreasing on Thursdays.
WIth these factors, the price it will probably try to close the gap or even test the new support level.
Making a Gap on Thurdays Open.
DMI is showing some bullish strength, RSI is at an extreme of overbought. Volume is increasing right now, after decreasing on Thursdays.
WIth these factors, the price it will probably try to close the gap or even test the new support level.