France: AXA shares price repeats the negative closings – Analysis – 9-8-2019

AXA share price repeated the negative closings below 50% Fibonacci correction level to form additional resistance at 21.90, which supports the bearish scenario, to expect gathering new negative momentum and form strong negative attack to target 21.15 followed by reaching the next support at 20.50.

Stochastic continuous fluctuation within the oversold areas supports our negative overview by attempting to provide new negative momentum and ease the mission of reaching the mentioned negative stations.

The expected trading range for today is between 21.90 and 21.15

The expected trend for today: Bearish