TESCO - BUYING THE CORRECTION
Updated
Nice chart, i have been waiting for Tesco share price to drop finally below 170 for some weeks, so i can start pick up some longs.
I am seeing good potential on this stock for a possible bull move above 220, but it will take some time.
The correction might come to an end in the coming weeks.
The alternative scenario would be that price breaks down, and bears push it to 100.
150 should not be broken.
Please use proper risk management, make your own analysis and dont overrisk on one trade.
Blessings to you all.
I am seeing good potential on this stock for a possible bull move above 220, but it will take some time.
The correction might come to an end in the coming weeks.
The alternative scenario would be that price breaks down, and bears push it to 100.
150 should not be broken.
Please use proper risk management, make your own analysis and dont overrisk on one trade.
Blessings to you all.
Note
Banked in 10% profits on tesco, i am looking for dips again into 1.65/60 to buy.
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