Tesco — decline resumes after the bounce
Tesco: two weeks of recovery, then the drop is back
Tesco — decline resumes after the bounce
In Summary
Tesco enters week 5 of a sell signal. After 2 consecutive weeks of buyer-driven recovery — 87% buy volume each — the latest bar saw sellers at 91% and a 6.8% drop: the bounce deflated quickly. CMF has returned negative and every attempt to advance met firm resistance above. The quality band flags trading as not recommended.
IQS Phase
71
in tension
Signal Strength
46
shallow weekly drop
Sizing
REDUCED
Ranking
#17 / 54
EU-UK stocks
Trade P&L %
+1.78%
from signal to today
restricted Platinum content