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.

Britain- BEA systems revives again – Analysis – 22-8-2019

Economies.com
2019-08-22 07:09AM UTC

The BEA systems price get advantage by its positive stability within the bullish channel levels by forming a strong bullish wave, surpassing 50% Fibonacci correction level at 558.90, to increase the chances for achieving new positive targets in the current period.

 

Stochastic reach to the overbought level will increase the efficiency of the bullish attack by providing a new positive momentum, to ease the price mission to reach the positive stations that are located at 572.15 and 587.20.

 

The expected trading range for today is between 559.00 and 572.15

 

The expected trend for today: Bullish

 

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