adatherton

LON:TSCO technicals very neat

LSE:TSCO   TESCO PLC ORD 6 1/3P
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.

Comment: Doing nicely

David Atherton