Metro shares price was forced to form intraday negative rebound recently to move towards 30.50 level, while stochastic approach from 20 level might force the price to test 30.20 support again, which forms solid barrier against the negative rebound, expecting to renew the bullish attack that targets 31.75 followed by extending trading towards 32.80 in the upcoming period.

The consolidation of the moving average 55 below the current support supports our expectations of the price stability within the bullish range, to increase the chances of gaining the positive momentum that assists to attempt to reach the expected targets.

Expected trading range for today is between 30.20 and 31.75

Expected trend for today: Bullish