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.

UK: Dixons shares decline slowly – Analysis – 15-2-2019

Economies.com
2019-02-15 08:33AM UTC

Dixons shares price provided slow negative trades recently, waiting the additional negative momentum to manage to resume the suggested bearish attack, reminding you that it is important to settle below 150.00 resistance to decrease the chances of changing the main trend, waiting to break the initial support 122.40.

 

Now, as stochastic attempts to provide the negative momentum by crawling below 50 level, that will increase the chances of breaking the current support to start recording many negative levels, located at 110.00 followed by 95.20.

 

The expected trading range for today is between 130.50 and 122.40

 

The expected trend for today: Bearish

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