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TSCO

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.
LSE:TSCOLong
by Saxo
This Signal Has Tractor Supply Rising SoonBased on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on July 23, 2021 with a closing price of 187.7. If this instance is successful, that means the stock should rise to at least 189.79 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 8.587% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 17.077% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 18.821% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 15 trading bars; half occur within 27 trading bars, and one-quarter require at least 32 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NASDAQ:TSCOLong
by StockSignaler
Bullish Signal on TSCO #3 Best Bet for weekThis is a free public release of a stock of this weeks HPS watch list. The bullish tone and trend of the market has made buy divergences pretty scarce on the daily chart, I am really seeing great results from our second play book play Large channel breakout with a price retracement to the previous downtrend line that was broken. The cross back up on the stochastic is a great indication of strength. I will be looking for a follow through day Tuesday and possible Wednesday DayTraderRockStar
NASDAQ:TSCOLong
by daytraderrockstar
3
TESCO SHARES TO ROCKET TOMORROW?Hi fellow traders! Tesco really has to potential to move either side tomorrow! Hopefully to the upside however, considering its sale growth, over past consecutive quarters. Tomorrow, Tesco PLC are going to be releasing their full year results tomorrow (10th April 2019). This could give the potential for this stock to spike upwards. Investors will be keen to see if Tesco has held onto its constant quarterly sales growth amongst fierce, competitive market conditions. Although Tesco (the UK's largest supermarket) has been losing its market share in the UK to German discount supermarkets, such as Lidl and Aldi where it has had its market share drop 0.2% to 27.4%, and Asda (2nd largest supermarket in the UK) plans on merging with Sainsbury's (3rd largest supermarket in the UK), Tesco has had its sales rise by 0.5% in the 3 months to March 24 2019. This paves the way for investors to potentially have confidence in the brand, as it has seen a rise in sales and the Asda and Sainsbury's merger has not been confirmed by the UK's Competition and Markets Authority. This means the potential future loss of market share by Tesco should not impact its share price tomorrow hopefully. One of the other main issues Tesco faces however is the question of why management chose to cut up to 9000 jobs, closing fresh food counters, but this should not be as interesting as hearing nice rises in sales and profits! Moreover, Tesco acquisition of Booker Group, a wholesaler in the UK has been going well and should have increased their purchasing power in the market, giving them the opportunity to raise their profit margins or reduce prices and have higher sales from this, as they are able to benefit from bulk-buying. It has also entered a buying agreement with Carrefour, a French supermarket group. This should look to help the group financially and increase its dominance of its brand worldwide if the transaction goes through, another potential positive outlook for investors. From the results in October 2018 for quarterly results, Tesco's CEO claimed they were on track to deliver their medium-term ambitions set in October 2016 which were to: - reduce costs by £1.5 billion - generate £9 billion from operations from retail - improve Tesco group's operating margins to 3.5%-4% by 2019-2020 Also, if tomorrow's talks with regards to Brexit is positive and there is a reduced chance for a No Deal Brexit as Theresa May obtains an extension, this should look to benefit the LSE, placing hope in investors for any potential financial turmoil for the UK. This should also let investors realise that Tesco and other supermarkets are not at risk of any major political/financial issues. If these targets are closer to being fulfilled, this should easily let the share price rise. Note: The red regions signify resistance regions, and the green, support regions. I would look for this stock to rise in value. My targets are as follows: TP1: AROUND 238.00 TP2: AROUND 240.00 TP3: AROUND 244.00 Additionally, looking at this stock from a technical perspective, an ascending triangle has been forming (as drawn on the chart), paving the way for a breakout and some positive price action! Unfortunately, if the report tomorrow is not well for Tesco, it could look to drop to the following regions: TP1: AROUND 228.00-229.00 TP2: AROUND 223.00 TP3: AROUND 216.00-218.00 Finger's crossed I am right tomorrow! If you read it to all the way down here, thanks for showing some support to this article! Tell me where you think Tesco will be heading next! Comment below all your ideas about the future of Tesco! Buy or Sell and why? Additionally, drop me your charts/ideas for it, that'd be great so I can see where you are coming from. I'm a new guy to the FX, Stocks & Crypto market, and I'd appreciate any help people may offer! Please drop a follow/like! I need reputation points!
LSE:TSCOLong
by TheFinancialTRDR
TSCO LongTSCO is also on my watch list for this week as it is currently attempting to take out the 230 level which has been resistance since October last year and before that was resistance turned support back in April 2018. TSCO has been getting super tight to this level and after a good sell-off from 230, the stock has put in three higher lows suggesting a buyers market. What I like most about this set up is how tight a risk profile we can get with today's price action a stop order will be placed above 7th of February 2019 high at 231.7 aiming for the path of least resistance for a move higher. The stock is also testing its 200 day MA which means that the name will be on a lot of institutional traders radars so if a meaningful break of this level occurs there could be some real buying power behind it. Feel free to pick this trade apart or tell me where you agree, happy trading. Joe LSE:TSCO
LSE:TSCOLong
by Joevose
TSCO Stock is it the SKY or the CRUSH?Hello Guys, At times bad with crypto, I try to look into other markets and see if there is any opportunity for use because all we need for profit, is volatility. Now we have the TSCO stock on the chart and what we see is long bear market going on. Now, NASDAQ, APPL and most of the other big companies had a fall in their price recently and as for the past times everyone has been talking about the next big crash coming some of us started to think this was the first hit of the big bear market which will cause the crash. But the problem with TSCO is that it started falling and its bear market way before the hit took NASDAQ, APPL and other companies. So, IMO if there will be another hit on the stocks globally than we can see TSCO price crashing its support area of 170-200 and testing lower areas. So all we have to do now is sit and wait to see which scenarios plays out? Is it the SKY, meaning there will be no next big hit and this was retracement continued by the bulls and we will see TSCO reversing, or is it the CRASH? T Thank, you. Share, Like, Follow, and Comment on what your thoughts are?
LSE:TSCO
by farhadjafarov7
2