European Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the European stocks, in order to keep track of the trend of the EU stocks.

France: EADs shares price keeps the bullish attempts – Analysis – 15-4-2019

Economies.com
2019-04-15 07:07AM UTC

EADs shares price kept its stability within the bullish channel to repeat the positive fluctuation above the initial support at 114.35, to confirm the preparation to resume the bullish attack in the near term and medium term period.

 

We notice stochastic attempt to provide new positive momentum by settling within the overbought areas, allowing us to wait to reach 123.30 in the near term period, and surpassing this barrier will push the price towards the bullish channel’s resistance at 128.30.

 

The expected trading range for today is between 116.20 and 123.30

 

The expected trend for today: Bullish

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