TARGET LEVEL 500 >>> WHEN THE BID YOU ARE SHORTING FOR IS ANNOUNCED So, are you wearing shorts? Do you also do weather forecasting? No doubt with a set of Fir Cones and Seaweed outside the back door (probably better than the BBC though). Would be well to check the strength of the balance sheet of this outfit, I think. The strength of the quality and shopping experience of the shoppers who buy here. Are they going to shift to ALDI, Lidl, Tesco, Asda or Morrisons? No. Some shoppers will, on price, but this just improves the experience in Sainsburys as a goodly number of the ones who move to these rivals are a detriment to the cramped isles of some rivals - full of the dregs etc.. The loyal clientele can afford to buy more and can use the new services and products such as Loans, Insurance and Banking. At the same time, there is opportunity to franchise any spare space in large format stores.
TARGET LEVEL 251.70 The Major trend of SAINSBURY PLC it is showing strength for selling. If it breaks the support level then one can initiate the selling position in the stock. If it breaks the support level of 254.70 then it can show downside movement for the target of 251.70 with the stop loss of 257.70. Skype tayal.smith1
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