Trading ideas for Airbus Group (EURONEXT) 03.06.2020
Stock markets are showing strong growth amid the easing of quarantine measures.
Airbus Group shares look undervalued in comparison with other companies, having regained only a small part of the lost positions. The support level of 48.18 with a bullish divergence has held back sellers. Stochastic Oscillator shows a steady growth from the oversold zone.
Trading recommendations:
Buy above 64.22.
Stop Loss: 57.00.
Target levels: 74.60; 90.00.
The #AIR shares online: monitor the movement of the shares in real time.
