tayalsmith
Long

MORRISON (WM) SUPERMARKETS PLC BUY

LSE:MRW   MORRISON (WM) SUPERMARKETS PLC ORD 10P
1 0 0
Prediction Buy

TARGET 185
If it breaks the level of 181.20 then it can show upside movement for the target of 185 with the stop loss of 178.20.

CHART FORMATION:-
Stock is trading in a range and breaking its trendline will lead to upside movement. Stock is trading above the 50 DMA with positive bias.

INDICATORS:-
RSI is trading near to 61.95 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.
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