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andmk2

Is this Tesco's breakout moment?

Long
TESCO ORD GBP0.0633333 (LSE:TSCO)  
andmk2 Aggiornato   
LSE:TSCO   TESCO ORD GBP0.0633333
Chart Patterns Triangle trianglebreak shares share Stocks stocktrading breakout breakouttrading
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chartpattern triangle trianglebreak shares share stocks stocktrading breakout breakouttrading
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.
Commento:
No breakout yet.
Commento:
Breakout today on positive results.
Commento:
Ooops. Results caused a significant pullback. Breakout on hold for now.
Commento:
Now looks like a H&S pattern and bearish. Wait and see.
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