Tescolong — Trading Ideas on TradingView

Tesco to Go Higher? Tesco - Short Term - We look to Buy at 284.00 (stop at 275.00) Preferred trade is to buy on dips. 50 1day EMA is at 282.00. The bias is still for higher levels and we look for any dips to be limited. Daily signals are bullish. Dip buying offers good risk/reward. Our profit targets will be 308.00 and 320.00 Resistance: 300.00 / 310.00 / 320.00 Support: 280.00 / 275.00 / 270.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.

Tesco PLC. UK Groceries & General Retailer. 02 October 2020 02 October 2020 Tesco PLC. Price Could be Approaching Potential Weekly Area of Demand. One to Watch, For Long Bias. Tesco PLC, is a British Multinational groceries and general merchandise retailer. LSE:TSCO

LON:TSCO technicals very neat This British supermarket (consumer staple) stock is touching the 50% fib line at the same time as a neat upward tramline. It has consistently reacted to these technical indicators in the past, and of course fundamentally, is doing well out of the current crisis. It has of course already rebounded, but if it dips again, a good buy at 208, SL 198, TP 266 RR 7.

Tesco long, Enter because every little helps ;) tesco earnings are out today, looking to go long, good fundamental data, and tesco are urged to keep paying dividends too. very strong stock.

Tesco - Pattern consolidation for long trajectory.Tesco: -In the daily chart: Price action has consolidated into a rangebound symmetrical triangle, this usually symbolises continuation (to the upside) but I do not discount the possibility of a short if we fail to breakout long and in-turn breakout in the opposite direction. Identifying a breakout: In this case price has had bullish candles deviate outside of the range, however, using both a price and time filters for confirmed entry, no bullish daily candle has so far managed to close outside. As we are right at the upper wall of the pattern, this could occur soon for a nice RRR ONLY IF we get a bullish daily candle close long. Catalysts for the move: UK election - If the conservatives gain a majority on Thursday night then I expect this entry position to be triggered, if not then i expect the opposite for this and the FTSE100 in general if labour win or there is uncertainty with a hung parliament.

Tesco approaching support, potential for a bounce!Tesco is expected to drop to 1st support at 220.3 where it could potentially react off and up to 1st resistance at 237.5. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.