ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

Easyjet Plc price Price: EZJ Moves Higher, Breaking Resistances

Share On Facebook
share on Linkedin
Print

The Easyjet Plc price share market (LSE:EZJ) has been set on a motion that portends that it is moving higher, breaking resistances toward the logical barrier-trading line of 500.

The northward rising forces are still in effect as of the analysis’s time, and there isn’t even a hint of a timely reversal move against the established positive trending movement. Nevertheless, the stochastic oscillators have indicated an overbought state; thus, long-position placers should use caution when playing alongside the rise. Investors should start searching for ways to quickly pay out their positions in profits in the meantime so that they can quickly support rejections against additional ups.

Resistance Levels: 500, 525, 550
Support Levels: 400, 375, 350

Given that the EMAs are underneath, where is the hard trading zone that opposes the current uprising force in the stock market activities of EZJ Plc?
Buyers’ reactions, as of these analytics pieces, are holding firmly in their ways to the upside with pressures deluded of reversing in an overbought trade arena, given that the price is breaking resistances on average of 500.

The pattern of the indicators’ arrangement is not allowing another wave of potencies to decrease anytime soon, since there hasn’t been a single negative candlestick to exacerbate that emotion. The 15-day EMA indication is positioned above the 50-day EMA indicator to support that even further. Additionally, they are staying well below the present trading line. The overbought area of the stochastic oscillators suggests that bulls are preparing to finish their uprising forces once a significant resistance line is broken.

Learn from market wizards: Books to take your trading to the next

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com