Lloyds Banking GroupA similar setup is forming in shares of UK-based insurance firm Lloyds Banking Group (LYG - Get Report). Like Apple, Lloyds is forming a bullish ascending triangle right now, with horizontal resistance around the $2.25 level and uptrending support acting as a sort of price floor for shares. Unlike Apple, this ascending triangle is forming at the bottom of what's been a major descent.
5 Trades to Profit From the Selloff
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