Morrisons - March high could be put to test again
Multiple fake breakdowns/bear traps below 230 followed by a convincing break above 237 (Apr 24 high) coupled with the bullish daily RSI suggests the prices are set to retest 250 (March high).
On the downside, only two consecutive daily close below 220 would revive bearish view.
On the downside, only two consecutive daily close below 220 would revive bearish view.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.