France: AXA shares price attempts to renew the positivity – Analysis – 6-6-2019

AXA shares price succeeded to hold above 50% Fibonacci correction level to form key support at 21.85 and increases the chances to renew the bullish attempts in the near term and medium term period, expecting to gather new positive momentum to rally towards 22.65 initially, followed by attempting to reach 23.45 level to cover the previously achieved gap.

Also, we notice that stochastic begins to form bullish waves to increase the chances of gathering the required positive momentum to achieve the suggested targets.

The expected trading range for today is between 22.00 and 23.45

The expected trend for today: Bullish