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Ocado Ipo Being Slated


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HOLA441
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HOLA442

I am neutral on OCDO right now. The key area levels are between 50p and 130p (less so), and 275p (more so).

50p is the area of support, so start any shorts there, and your stop isn't far away, say 45p/44p. Target a 50% drop from there to 25p.

There is some resistance at the 130p level, so it will start to look more healthy above there, and above 275p is full on bullish.

All opinion of course.

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