Is this Tesco's breakout moment after breaking out of a triangle pattern started in early 2015? Good figure from Kantar today have helped the share price but this is just a small part in the general "scheme of things".
Limitations: 218p resistance and 200EMA resistance. Once past that then it has room to run.
Comment
⋅
No breakout yet.
Comment
⋅
Breakout today on positive results.
Comment
⋅
Ooops. Results caused a significant pullback. Breakout on hold for now.
Comment
⋅
Now looks like a H&S pattern and bearish. Wait and see.