RajDhall
Education

Tesco after earnings #tsco

LSE:TSCO   TESCO PLC ORD 5P
News this morning - Tesco H1 18 Earnings Results: Revenue: GBP28.3B (est GBP27.62) Dividend: 1p and UK LFL             Sales Up 2.2%.
Two members of Tesco's financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Yesterday.

Now we have cleared the major value area, we should look
at price action on any potential retest. Also if volume continues
to back this upward trend look for a rest of 220p
Kind regards

Rajan Dhall MSTA
fxdailyterminal.com
Thanks Raj. Shouldn't you wait until the close before posting comments? Even now at 9:46 the daily candle is very different as the price has formed a long red candle settling at 186p from a promising early high of 194p. Regards, Andrew
Reply
@andmk2, lol Nahh im confident lol, I look at how it gets to the value area and at what volume. These posts are for the long term and as I said its interesting to see how price reacts around the value areas. Also just a quick point my target is the 220p area anyway.
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