OCADO GROUP PLC ORD GBP0.02
Updated

Right shoulder forming on Ocado

367
A head and shoulder reversal pattern is forming on Ocado. Started in August 2022, this is likely to complete this December, but not guaranteed. The left shoulder is forming as expected. But will it bottom at about 380p and then rise?
Note
Correct so far
Note
Weak and not completing as expected
Note
Heading towards 388

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.