TESCO

Looks to me like the 123 low has developed, lets see what happens from here.

screencast.com/t/yODx3nkG

Tom aka MD

Worth keeping an eye on this for a possible 123 breakout.

screencast.com/t/pDjgUuZcDU

Hope chart works OK

Tom aka MD

This is looking good.
Stop moved up to profit, so free trade now.

If it can break above 250p. would be a 123 low formation.

uk.advfn.com/p.php?pid=chartscreenshotsh...k%3D&symbol=L%5ETSCO

Regards,
Trendfriend.

I'm long on this at 244p
This has hit the bottom of the falling trend channel, ands looks due for a technical bounce from here towards the top of the channel imho.
uk.advfn.com/p.php?pid=chartscreenshotsh...g%3D&symbol=L%5ETSCO

Although i will be flexible with a few % tbh. As the longer term trend is still down here.

Best Regards,
Trendfriend.

For all the long-suffering holders, a little relief may well be in sight....


dl.dropboxusercontent.com/u/7238706/Tesc...C%20%28july31%29.png

...of course, there are no guarantees it will turn at 257ish, but there is hope

This should be a free trade now


dl.dropboxusercontent.com/u/4899609/tesco4thjuly2014.png