Medium term view - OCADO GROUP PLC : The background trend is clearly bullish.
The background trend is clearly bullish. The correction is gaining traction.It is too early to qualify this action as a bearish reversal. The trend would be invalidated below the support at
798.00 p.
Ocado Group is an online grocery retailer. Co.'s principal activities are grocery retailing and the development and monetisation of Intellectual Property and technology used for the online retailing, logistics and distribution of grocery and consumer goods. Co. has two reportable segments: Retail, which provides online grocery and general merchandise offerings to customers within the U.K.; and Solutions, which provides end-to-end online retail solutions to corporate customers within and outside of the U.K. OCADO retails brand include ocado, fetch, Sizzle, and FABLED marie Claire. OCADO solutions brand include Groupe Casino, Sobeys, and Morrisons.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.