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Trading ideas for Airbus Group (EURONEXT) 03.06.2020

#AIR

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.

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