Britain-BAE confirms the positivity– Analysis – 18-4-2019

The BAE price confirmed its readiness to resume the bullish attack by providing repeated closes above 499.50 level, which forms the initial support against the bullish trading, besides providing positive momentum by the main indicators that are represented by the moving average 55 stability below the current support besides stochastic reach to the overbought level confirms targeting new positive levels that might begin at 521.20 reaching to 533.80.

The expected trading range for today is between 506.00 and 521.20

The expected trend for today: Bullish