(2018-01-16, 11:11 PM)isatrader Wrote: For the watchlist from tonights scans - AR.TO, AUO, CZX.V, GORO, LYG, MGM.V, NEXT.TO
LYG: Lloyds TSB Group? Seems the stock name changes take a little while to filter through. I'd assume for a UK resident that there would be no reason to buy on the US market when it was available on the LSE. However, on the LSE the latest high is not breaking above the May high.
(2018-01-17, 12:37 AM)pcabc Wrote: LYG: Lloyds TSB Group? Seems the stock name changes take a little while to filter through. I'd assume for a UK resident that there would be no reason to buy on the US market when it was available on the LSE. However, on the LSE the latest high is not breaking above the May high.
Yes, as a UK resident you'd want to be looking at the london listing which is LLOY.L, and is still under major resistance. But has broken the October and July highs, so has made a six month high, and banking stocks have been showing up in the scans for the last few weeks. So I'd put it as Stage 1B imo.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.