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TESCO PLC Wave Count and Potential Long Trade Set Up

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TESCO ORD GBP0.0633333 (LSE:TSCO)  
Trend_Analyst  
LSE:TSCO   TESCO ORD GBP0.0633333
Trend Analysis Wave Analysis Technical Indicators tesco TSCO
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trendanalysis waveanalysis indicator tesco tsco
Tesco PLC looks to be trading in corrective mode at the moment as we pull back towards the 38.2% Fibonacci retracement level. Stochastic is also moving into oversold territory. If we start to see some support coming in around the 38.2% level around 234 and we get a bullish crossover on stochastic we would have a good low risk long trade set up.

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TESCO PLC Updated Wave Count
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