UK: BT Group still bullish – Analysis – 7-9-2018

In spite of the slowness of the price in the last period, but its stability above the support at 210.00 confirms its readiness to form bullish trading in the near and medium period, the price needs a positive momentum that allows it to surpass the moving average 55 at 227.10, to open the way towards achieving new positive targets by reaching 238.35 and 251.00.

Stochastic begin to form a bullish wave reinforces our bullish suggestion by its attempt to provide positive momentum, to increase the chances for achieving the required breach and begin to target the suggested positive levels.

Expected trading range for today is between 212.00 and 227.10

Expected trend for today: Bullish