Short term view - BARCLAYS : The moving average is supporting prices.
The trend is still bullish, though slower. The invalidation level is below 219.00 p.The target is at 257.80 p.Arguments :
- The moving average is supporting prices.
- Prices are within a rectangle, but the trend will eventually resume to the upside.
Barclays is a holding company. Through its subsidiaries, Co. is a financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. Co.'s business segments are: Barclays U.K, which provides everyday products and services to retail customers and small to medium sized enterprises; Barclays International, which delivers products and services designed for Co.'s corporate, wholesale and international banking clients; and Head Office, which comprises head office and central support functions (including treasury) and businesses in transition.
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