elroytrader1

#TSCO.L indicators suggest sell

Short
LSE:TSCO   TESCO PLC ORD 6 1/3P
153 views
3
Strong negative RSI divergence and at top of parallel channel . Supported by SMA50, so it needs to break that first, and then properly fill the gap around 190p, which wasn't filled before. Short stop order around 205p TP 190p, perhaps then use SMA50 as stop.
Trade closed: target reached: Textbook!