TradingView
TipTVFinance
Apr 28, 2017 10:06 AM

Morrisons - March high could be put to test again 

Description

Multiple fake breakdowns/bear traps below 230 followed by a convincing break above 237 (Apr 24 high) coupled with the bullish daily RSI suggests the prices are set to retest 250 (March high).
On the downside, only two consecutive daily close below 220 would revive bearish view.
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