UK: Dixons shares price still below the resistance – Analysis – 13-6-2019

Despite Dixons shares price forming some sideways fluctuation recently, its negative stability below the bearish channel’s resistance at 135.30 forms major factor to confirm the continuation of the negativity for the upcoming period.

We expect the price to gather new negative momentum to start forming negative trades and break the initial barrier 113.60 followed by attempting to reach the next main target at 95.20.

The expected trading range for today is between 132.00 and 113.60

The expected trend for today: Bearish