Dixons shares price still affected by the bearish bias domination by settling within the bearish channel, to notice forming new negative wave and reach 155.40 level, while the stability of the initial resistance at 179.35 allows us to suggest more negative attempts that will push the price to touch 146.00 followed by reaching 121.85 in the upcoming period.

Also, stochastic begins to form new negative wave to reinforce our bearish overview by attempting to provide additional negative momentum and increase the chances of achieving the mentioned targets.

Expected trading range for today is between 179.35 and 146.00

Expected trend for today: Bearish