Spirits giant Diageo has been in a very clear upwards channel since September, says Zak Mir at www.zaks-ta.com
This channel has a floor at 1,950p, so as long as there is no end-of-day below this level, the price should head for 2,150p. Only cautious traders would wait for an end-of-day close back above the 50-day moving average at 1,996p before going long.