Kingfisher's stock is currently trading at around 273p a share. The firm is due to report earnings tomorrow and the current support has been tested and held out.

From a technical perspective, the bias of Kingfisher’s stock is still bullish on the daily interval. We can see a nice ascending trendline with various support levels below. The price failed to move past 293p on the 2^nd of February then reached 294p on March the 6^th and retraced once again. Today it has tested the support along the trendline sitting at 262p and bounced right off it, potentially forming another attempt to break through the key resistance levels sitting at 293p and 294p (highlighted by red ovals). A break above those levels could see the price hike further towards the 300p mark. However, Kingfisher is expected to report some earnings tomorrow and a negative report may cause some volatility. Therefore, a break below the support at 262p may see the price dip further towards 258p and 249p. MACD is currently negative from the recent retracement but RSI is neutral as it reads 45.