Short term view - KINGFISHER PLC : The support has been reached, it causes the bounce.
The trend remains neutral. Prices will have to break above the peak at 321.70 p for the trend to be positive again with an invalidation level below 282.10 p.Arguments :
- The support has been reached, it causes the bounce.
- The resistance has been passed.
- The MACD is rising.
Kingfisher supplies home improvement products and services through a network of retail stores and other channels, located mainly in the U.K. and continental Europe. As of Jan 31 2017, Co. had nearly 1,200 stores in 10 countries across Europe.
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