Is this Tesco's breakout moment
after breaking out of a triangle pattern started in early 2015?
Good figure from Kantar today have helped the share price
but this is just a small part in the general "scheme of things".
Limitations: 218p resistance and 200EMA resistance. Once past that then it has room to run.
after breaking out of a triangle pattern started in early 2015?
Good figure from Kantar today have helped the share price
but this is just a small part in the general "scheme of things".
Limitations: 218p resistance and 200EMA resistance. Once past that then it has room to run.
Comment:
No breakout yet.
Comment:
Breakout today on positive results.
Comment:
Ooops. Results caused a significant pullback. Breakout on hold for now.
Comment:
Now looks like a H&S pattern and bearish. Wait and see.