Britain- Dixons shares keeps the positive attempts – Analysis – 16-9-2019

Dixons shares price confirmed the continuation of the bullish bias domination by forming a bullish wave recently, to press on the initial barrier at 124.00, and the stability of the trading above the moving average 55 makes us expect renewing the bullish attempts until breaching the current barrier, to begin recording several positive targets by its rally to 126.10 and 131.35.

Stochastic rally to the overbought level reinforces our bullish expectation by providing a new positive momentum, to ease the mission of achieving the required breach and begin recording the suggested main targets.

The expected trading range for today is between 119.50 and 126.10

The expected trend for today: Bullish