OCADO BUY REITERATION
Earnings beat causes a spike above short term resistance, keep an eye out for support at this level over the coming days as next resistance will be circa 457.
A dramatic spike is usually indicative of the direction of travel...Add in that the RSI is surging, the price is coming of two consecutive lower lows, a gap up above resistance, preceded by a dojo close the day before.
Still looks good for breaking into the fives.
A dramatic spike is usually indicative of the direction of travel...Add in that the RSI is surging, the price is coming of two consecutive lower lows, a gap up above resistance, preceded by a dojo close the day before.
Still looks good for breaking into the fives.
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