Monday, January 23, 2012

TSCO - Filling the gap

I've gone over to the dark side and started learning about technical analysis, particularly about gaps. Tescos up 0.9% today. It looks like it's filling up the downgap nicely. I can't see this puppy going below 312p, which is the low it reached last week,  especially with Buffett on board. I'm hoping it will make it to 380p, filling up most of that gap. If I'm right, still plenty of money left to be made.

So, how's my gobbledegook, then?

Not sure I'll flip this one, though - it seems like a headache-free investment with a nice divvie - well, OK, headache-free if you didn't buy at 380p+.

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