ROYAL BANK OF SCOTLAND GROUP PLC is within a rising trend. Continued positive development within the trend channel is indicated. The stock has broken up through the resistance at pence 50.00. A further rise to 100p (1) is predicted in the medium term. The stock is assessed as technically positive for the medium long term.

Good luck -

Yespoint takenbut can he add up?

The only thing happening at the moment is that RBS is not trading in the way they should be doing.

I think that the fact that the uk government is holding 84% is scaring the investors even more, but we are now in another world things are slightly better than 8 months ago.

The investment atmosphere is more positive, ftse and the rest of the markets are reporting better news, RBS is paying less overheads because they have less staff and less property, their shares were trading well in a up trend a month ago so more money was coming into the business.

Seriously i was expecting that the RBS bosses would come out and announce that they will be paying money back to the gov, at least to match with lloyds and start competing. I still think that it is an undervalued bank that could produce a good return in the long term future but we keep missing the positive rallys.

Look at what happened today, ftse up and the bank(RBS) down. I think that the bosses at RBS have to join the momentum and bring more hope now, because tomorrow could be to late. The level of advertisement is very poor even within RBS high street banks. There is not a single advert on tv and the morgage deals are not attractive, how can they attract new customers in this way?

Something must be happening inside the bank that we do not know about but I believe this is a good time for new profit takers as the price is very cheap. If they could push the share price up to 57p this bank could be more attractive for big players even with the 84% government ownership, good news from the rest of the banks in Q4 2009- and Q1 2010 could help as well.

RBS is one of the faces of the british banking industry with a lot of power in the US, it is a big bank and has a brand name, I think it could make it!

my target is 15p dyor.

FTSE sell off today.

mitzy - 15 Nov 2009 11:29 - 52 of 54
my target is 15p dyor.
WHY 15p

unfortunately
Mr mitzy is right nothing can stop RBS keep losing, the supporte around 35p didnot work.i dont see a reaction from RBS bosses about it,
i think that only harry potter can help us now lol.
thats why the tool stop lost is very important lol.

Just a guess BAYLIS.

The directors of Royal Bank of Scotland have said they would resign if the chancellor of the exchequer were to block them from paying the bonuses they regard as essential to maintain the competitiveness of the groupThese bankers get rewarded if they make a good guess with other peoples moneybut have no penalty if they make a bad guess.which they invariably do!why not offer them destitution if they still choose to guess and it goes wrongthats what most of us would have got for guessing so badly?1.5bn in bonuses to its investment bankers lol.we will manage without you sorry but fu*k offand have a nice Christmas

For once I have to agree with you tabs..

Sleazeballs..

WHO US!!

No the Directors are..!

why don't they let them have their bonus as a percentage of how well they do. if they do well then they get mega bucks. if they don't, they get nothing/or they pay the loss[i think a much better idea however not likely to attract employees]

Chancellor Alistair Darling warns banks over bonuses

Chancellor Alistair Darling has warned banks that the government will not be "held to ransom" over bonuses.

He played down reports he will hit bankers with a windfall tax on bonuses in Wednesday's pre-Budget report.

But he told BBC One's Andrew Marr show the better-off would have to shoulder more of the "burden" of recovery.

Skinnyhe sat on the fence throughout the interviewhe cant seem to explain his policies in English and yet presents Camerons intentions in any language with ease?to balance the argument I would not trust an Etonian with one of Dils Sheep!!!Mr CameronBoris Johnson and prospective MP Zac Goldsmithfall into that categorynot much left is there?

Darling is wasting time if he thinks he can stop banks paying bonuses, if bonuses are taxed at a higher rate all the banks need to do is increase the amount of the bonus to take care of the additional tax.

The amount raised would be miniscule - just a political soundbite imo!

How about expences?they could pay bankers the 1 billion for a home nearer work SW1 could be the answer...dont want them slumming it and to be fair its currently a long chauffeured drive from Surreyand on a plus side the government have experience in this field of deceitsounds like the answer?over to you Darling!!!

Bankers hit back at 'populist' bonus supertax

The banking industry today warned the Treasury that plans for a "supertax" on bankers' bonuses would damage the City's reputation as a financial centre and risk an exodus of companies abroad.