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 -

Royal Bank of Scotland doubled profits last year and celebrated by declaring a special payout on top of an ordinary dividend. RBS reported an operating profit before tax of £3.4bn and an attributable profit of £1.62bn for 2018, more than double the £752m from the year before and higher than £1.58bn that analysts expected.

SP hardly moved, news must have been expected.

If the special is repeated or converted to permanent we are now on a yield of 5.5% which compares with LLOY on 5.3%.

Getting there... Some way to go to get back to 500p

UBS Buy 244.45 290.00 Reiterates

Shore Capital Buy 244.45 300.00 Reiterates

I've opened a S/B here this morning.