Lloyds Banking Group chart looks good for 88p target
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Zak Mir, Editor of Spreadbet Magazine, discusses the charts with IG Group. He considers AstraZeneca (LON:AZN), which he says will follow the upward trend line, on GlaxoSmithKline (LON:GSK) Zak talks of the glass half full and is looking at a return to top of the trading range. Zak says heafty volumes around Lloyds Banking Group gives the trend a good chance to take the stock price to 88pence over the summer. Finally, looking for a break out for Vodafone (LON:VOD).. Zak say the optimist in him is looking for this to be on the upside, although he considers the pressure that the chart pattern is displaying.
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