France: Continental shares prepare for strong negativity – Analysis – 6-9-2018

Continental shares price kept its fluctuation below 162.10 level recently, which formed additional resistance against the recent negative trades, to increase the chances of achieving new negative targets in the near term and medium term basis, also, stochastic reach to the oversold areas confirm gathering new negative momentum to keep waiting to reach 146.20 level followed by attempting to touch 50% Fibonacci correction level at 133.30.

Expected trading range for today is between 161.00 and 146.20

Expected trend for today: Bearish