andmk2
Long

Is this Tesco's breakout moment?

LSE:TSCO   TESCO PLC ORD 5P
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.
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.
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