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.

France: Carrefour holds above the initial support – Analysis – 17-10-2018

Economies.com
2018-10-17 07:49AM UTC

Carrefour shares price repeated the mixed trades despite its stability within the bearish channel, affected by the strength of the initial support at 15.40, while the stability of this support allows us to suggest more correctional bullish attempts that support the attempt to move towards 16.40 followed by reaching the main resistance at 17.30.

 

On the other hand, succeeding to break the current support will confirm the preparation to form strong negative trades and manage to record the main negative targets at 14.50 followed by 13.85 levels.

 

Expected trading range for today is between 15.40 and 16.40

 

Expected trend for today: Bullish

Stocks Technical Analysis

United States Analysis

Stocks

Western Digital price tries to vent off overbought saturation - Forecast today - 13-05-2024
2024-05-13 09:14AM UTC
Western Digital Corporation’s stock (WDC) fell in the intraday levels, while trying to gather ...
United States Analysis

Stocks

Johnson & Johnson price rises amid negative pressures - Forecast today - 13-05-2024
2024-05-13 09:14AM UTC
Johnson & Johnson’s stock price (JNJ) edged up in the intraday levels, amid the dominance ...
United States Analysis

Stocks

SNAP price collects profits - Forecast today - 13-05-2024
2024-05-13 09:13AM UTC
Snap’s stock price (SNAP) fell in the intraday levels on profit-taking, while venting off ...