I think this is a pivotal moment in the SP. We have been in this uptrend since 2015, but now we are looking at a recession for the first time in over a decade. We have to see where price action shows support and be cautious!
Tescos has been quite overly strong on the RSI for a goo while, but this smaller cycle should hit 243 and go back up. A good buying point!
I precedent a short move, please take profits when seen, price moving in some sort of a curvature pattern.
📌One of my favorite STOCKs to follow in next period, technically expecting higher bounce from zone. 💡 TSCO technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher bearish continuation, based on technically readings expecting to see higher bearish continuation till targets marked on chart. 📌Have...
Tesco - Short Term - We look to Buy at 284.00 (stop at 275.00) Preferred trade is to buy on dips. 50 1day EMA is at 282.00. The bias is still for higher levels and we look for any dips to be limited. Daily signals are bullish. Dip buying offers good risk/reward. Our profit targets will be 308.00 and 320.00 Resistance: 300.00 / 310.00 / 320.00 Support: ...
$TSCO at a layer of support currently and looking likely to pull back to the zone near p226 where the fast and slow-moving averages, as well as the bottom of the cloud, are located. Then price is looking to continue a downtrend as shown by the bearish Ichimoku cloud (daily timeframe). Potential short setup @p226. Thoughts on this analysis?
02 October 2020 Tesco PLC. Price Could be Approaching Potential Weekly Area of Demand. One to Watch, For Long Bias. Tesco PLC, is a British Multinational groceries and general merchandise retailer. LSE:TSCO
I seems that we are at the end of wave B and we will have a new down tend
This is a graph of the SP500 (in red) vs some of the largest "food" companies on earth... together the top 100 control less then 5% of the global retail? I was particularly interested in how "costco" was doing as the "second" largest retailer on earth as well as the UK's "tesco" a large food company. It maybe that they are doing a lot better then the SP500...
This British supermarket (consumer staple) stock is touching the 50% fib line at the same time as a neat upward tramline. It has consistently reacted to these technical indicators in the past, and of course fundamentally, is doing well out of the current crisis. It has of course already rebounded, but if it dips again, a good buy at 208, SL 198, TP 266 RR 7.
This Analysis show that there is a gap between TESCO or Morrisons and M&S os Sainsbury it means that: M&S os Sainsbury should be a long position and TESCO or Morrisons should be a short position to close the gap. Further analysis would be required on each Market to define the investment
tesco earnings are out today, looking to go long, good fundamental data, and tesco are urged to keep paying dividends too. very strong stock.
Weekly chart shows a rising channel. While city lockdowns forced some frenzied panic, if the markets continue to sell on the virus spreading, this channel can break to the downside. If so, target the lows. Good Luck and Stay Healthy!
Tesco: -In the daily chart: Price action has consolidated into a rangebound symmetrical triangle, this usually symbolises continuation (to the upside) but I do not discount the possibility of a short if we fail to breakout long and in-turn breakout in the opposite direction. Identifying a breakout: In this case price has had bullish candles deviate outside of...
BUY – TESCO (TSCO) Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. Fundamentals It’s been a tough few months for Tesco shareholders with the shares having slumped over 13% from the 2019 high. The business has embarked on a massive overhaul...
Tesco is expected to drop to 1st support at 220.3 where it could potentially react off and up to 1st resistance at 237.5. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hi fellow traders! Tesco really has to potential to move either side tomorrow! Hopefully to the upside however, considering its sale growth, over past consecutive quarters. Tomorrow, Tesco PLC are going to be releasing their full year results tomorrow (10th April 2019). This could give the potential for this stock to spike upwards. Investors will be keen to see...