James_Winsoar

Morrisons Supermarket Share Price To Increase 3%

Long
LSE:MRW   MORRISON (WM) SUPERMARKETS PLC ORD 10P
The recent gap down will be filled in the next few days, giving the opportunity for investors to take a long position for some quick profits on this UK supermarket brand.
Trade closed: target reached: Played out quicker than I expected!

Comments

Well played sir.
+2 Reply
@Hikiki, Thank you.
Reply
I read that the forecasts for there earnings is a decrease upon previous earnings?
+1 Reply
James_Winsoar freddiemarriott
@freddiemarriott, I just look at the charts. I hardly ever look into background information.
Reply
Not all gaps are filled, why do you think this one will fill?
Reply
James_Winsoar alexandrubostan
@alexandrubostan, It completely filled. You're welcome.
Reply
Results should be tomorrow (7th).

Are you assuming that todays drop (off the back of broker downgrade) is all that will be priced in?
Reply
@Hikiki, You were correct on the date. Well done!
Reply
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