GWAVE

38.2% & POSSIBLE 61.8% Retracement LONG GWAVE

Long
LSE:TSCO   TESCO PLC ORD 6 1/3P
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.

FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.

PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS.

Comments

Thanks for sharing your setup with us.
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GWAVE anthonyij
@anthonyij, No problem @anthonyij i hope it helps. Cheers
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Finally, good old fashioned Tesco done well ...
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Interesting! this should also coincide perfectly with when the price hits a major support level at 212.60. Also Full year results are next Wednesday 8th....... hmmmm , very interesting! May i ask why you have your stoch set at 14 3 3 ? Thanks
Reply
GWAVE dougbilly
@dougbilly, Thanks for the interest mate. Indeed it looks like that might be an interesting level.
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GWAVE dougbilly
@dougbilly, I found that these numbers worked best for my strategy, after back testing a lot of different combinations over several years. Hope that helps.
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@GWAVE Great predication - price went real quick to the upside!!! I would love to learn more about your strategy...
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GWAVE Noor7861
@Noor7861, Cheers mate, thanks for the interest. DM me to find out more. I would be more than willing to chat more and answer any questions.
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@rubinski_the_third Thanks for the interest. Cheers mate.
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Put simply, this morning Tesco announced that it has put a limit on online orders to 80 items. Possibly because they can not keep up with the demand. Hence, the aggressive pop to the upside. But you could have seen this ages ago. Hope this helps.
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