EADs shares price kept its stability within the bullish channel to repeat the positive fluctuation above the initial support at 114.35, to confirm the preparation to resume the bullish attack in the near term and medium term period.
We notice stochastic attempt to provide new positive momentum by settling within the overbought areas, allowing us to wait to reach 123.30 in the near term period, and surpassing this barrier will push the price towards the bullish channel’s resistance at 128.30.
The expected trading range for today is between 116.20 and 123.30
The expected trend for today: Bullish