Tesco PLC (TSCO.L) 08-11-19
Will Tesco PLC (TSCO.L) break the key resistance level, or will it drop back to the 213p support once more? (-11%)?
- Now trading near the 241p resistance at 239.3p (at time of writing).
- Will the shares fall again to recent support of 213p? (-11%).
- This could be an opportunity for short-sellers.
- Shares -5% from 12-month highs; +26% from 12 month lows.
04 Nov: David Lewis, CEO, bought 58 shares in the firm on the 1st November 2019 at a price of 237.52p. This Director currently has 170,722 shares.
04 Nov: Alan Stewart, Financial Director, bought 58 shares in the firm on the 1st November 2019 at a price of 237.52p. This Director currently has 598,910 shares.
03 Oct: Deutsche Bank reiterates its buy rating on Tesco (TSCO) and reduced the target price to 285p (from 295p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires