Barclays Banking on a Move Higher? We look to Buy at 187.74 (stop at 177.66)
Barclays - Short Term - We look to Buy at 187.74 (stop at 177.66)
Preferred trade is to buy on dips. Previous support located at 190.00. Prices expected to stall near trend line support. Levels close to the 50% pullback level of 187.16 found buyers. The primary trend remains bullish .
Our profit targets will be 219.38 and 227.80
Resistance: 200.00 / 210.00 / 220.00
Support: 190.00 / 175.00 / 160.00
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