New Posts For Thread: Tesco;short covering to end at a peak of 198 to 200 pencehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-penceAnd head on down from there.Ive got anoyher calculation done that tallys with ones that i did last year.It all ends up in the same place,below 120.What they do is to quickly push the price through these resistance levels usually early in the day when the volume is light.I should have added push the price through and clear the resistance level.You only have to look at chart or two to observe ithttps://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-pence?post_id=546551771#546551771What they do is to quickly push the price through these resistance levels usually early in the day when the volume is light.I should have added push the price through and clear the resistance level.You only have to look at chart or two to observe itSat, 17 Oct 2015 15:39:28 -0500I sometimes wonder about the technicals pipey, are they not a tad self fulfilling Absolutely.When a price has fallen and it starts back up. Look for levels where there was obvious buying on the way down. These are called resistance levels.When the prhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-pence?post_id=546551671#546551671I sometimes wonder about the technicals pipey, are they not a tad self fulfilling Absolutely.When a price has fallen and it starts back up. Look for levels where there was obvious buying on the way down. These are called resistance levels.When the prSat, 17 Oct 2015 15:32:44 -0500Yes Tree,there are problems with this approach,especially computer trading.Lots of big players shorting shares to trigger a "sell point"causing a sharp fall,then quickly closing their bear positions.I suppose a combination of approaches should be ushttps://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-pence?post_id=546495243#546495243Yes Tree,there are problems with this approach,especially computer trading.Lots of big players shorting shares to trigger a "sell point"causing a sharp fall,then quickly closing their bear positions.I suppose a combination of approaches should be usSun, 11 Oct 2015 13:29:06 -0500I sometimes wonder about the technicals pipey, are they not a tad self fulfilling ? With so many watching technicals they all follow a trend until........some go against the trend,then they all follow the trend,if you get my drift ? Their benefit forhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-pence?post_id=546491251#546491251I sometimes wonder about the technicals pipey, are they not a tad self fulfilling ? With so many watching technicals they all follow a trend until........some go against the trend,then they all follow the trend,if you get my drift ? Their benefit forSun, 11 Oct 2015 08:06:16 -0500Fair comment Tree,unfortunately for me i can only do the tecnical analysis[and thats only to a certain degree].The fundamentals are interpreted by everyone to the point that it makes it a somewhat subjective matter.Meaning there's no sure way of getthttps://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-pence?post_id=546463667#546463667Fair comment Tree,unfortunately for me i can only do the tecnical analysis[and thats only to a certain degree].The fundamentals are interpreted by everyone to the point that it makes it a somewhat subjective matter.Meaning there's no sure way of gettWed, 07 Oct 2015 16:57:01 -0500Not sure I agree pipey, new management seem to be washing up their act and stability could see an upturn,we all need food and they have a strong position in the market.Just my opinion.https://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-pence?post_id=546463481#546463481Not sure I agree pipey, new management seem to be washing up their act and stability could see an upturn,we all need food and they have a strong position in the market.Just my opinion.Wed, 07 Oct 2015 16:36:51 -0500And head on down from there.Ive got anoyher calculation done that tallys with ones that i did last year.It all ends up in the same place,below 120.https://community.betfair.com/tradefair__financials/go/thread/view/94198/30597931/tescoshort-covering-to-end-at-a-peak-of-198-to-200-pence?post_id=546458443#546458443And head on down from there.Ive got anoyher calculation done that tallys with ones that i did last year.It all ends up in the same place,below 120.Wed, 07 Oct 2015 10:12:35 -0500