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TipTVFinance TipTVFinance SBRY, 3M,
SBRY: Sainsbury - A bottom may be in place
23 0 3
SBRY, 3M
Sainsbury - A bottom may be in place

The daily, weekly and monthly chart do not show any clear trend. Hence, we swtiched quarterly chart, which shows multiple 3-month candles with long tails. Since October 2013, sellers have repeatedly run out of steam in the range of 210-230. The MACD also shows the loss of bearish momentum. If charts are anything to go by... this could be the ideal time to enter ...

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