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
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