​#Stocks

😱The stock of Lloyds Bank (#LLOY) lost 9% in three days.

Usually, bank stocks benefit from rising interest rates. However, higher rates can also drive up bad loans as customers struggle to pay their debts. They also can reduce demand for credit as consumer confidence worsens and cause the housing market to cool sharply.

Is there a diamond on the #LLOY chart? Will we see a break lower? What do you say?