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Aeroflot Trading Analysis (07/07/2023)

07.07.2023

Market Review

#AFLT
 



The downward wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. The entry point at the pullback B+ on the truncated C is forming. There is the bullish divergence on the Awesome Oscillator.
 

Aeroflot Stock Price Chart as of 07/07/2023 with technical indicators

Trading idea:

Buy at the formation of the ascending wave structure, where the A wave breaches the sloping channel of the downward truncated structure.

Stop-Loss under the support level of 41.12.

Target price levels: 43.63, 44.20.


#aeroflot #stock #forextrading #forextradingstrategies #forexmt5

Author: GC
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