France: Carrefour shares price presses on the moving average – Analysis – 21-2-2019

Carrefour shares price still keeping the bullish bias domination by moving away from 17.72 key support, noticing providing new pressure on the moving average 55 at 18.05, expecting to breach the current barrier and open the way to record more positive targets at 19.13 followed by 19.65.

We notice stochastic continuous fluctuation within the overbought areas to ease the mission of achieving the breach and confirm the continuation of the suggested positivity.

The expected trading range for today is between 17.55 and 18.75

The expected trend for today: Bullish