HotForex
Short

TSCO Approaching Resistance, Potential Reversal!

LSE:TSCO   TESCO PLC ORD 5P
TSCO is approaching its resistance at 227.8 (61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal pullback resistance) where it is expected to reverse down to its support at 207.8 (50% Fibonacci retracement , horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
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