News this morning - Tesco H1 18 Earnings Results: Revenue: GBP28.3B (est GBP27.62) Dividend: 1p and UK LFL Sales Up 2.2%. Two members of Tesco's financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Yesterday.
Now we have cleared the major value area, we should look at price action on any potential retest. Also if volume continues to back this upward trend look for a rest of 220p
@Apex_Managed_Capital, It worked well - I am out now though but was happy with the rise
''Now we have cleared the major value area, we should look
at price action on any potential retest. Also if volume continues
to back this upward trend look for a rest of 220p''
ApexFX_Pro
⋅
@RajDhall, Nice, I don't really trade stocks but I might start looking into it.
RajDhall
⋅
@Apex_Managed_Capital, TBH mate my background is in FX but the vol died so I started looking at other assets
andmk2
⋅
Thanks Raj. Shouldn't you wait until the close before posting comments? Even now at 9:46 the daily candle is very different as the price has formed a long red candle settling at 186p from a promising early high of 194p. Regards, Andrew
RajDhall
⋅
@andmk2, lol Nahh im confident lol, I look at how it gets to the value area and at what volume. These posts are for the long term and as I said its interesting to see how price reacts around the value areas. Also just a quick point my target is the 220p area anyway.