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Gazprom Trading Analysis (20/09/2024)

20.09.2024

Market Review

The trend is descending. The stock is trading in the range between 365 and 135 ЕМА. The upward truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the overbought zone.

Gazprom stock price chart

Trading idea:

  • Sell at the breach of 121.20.
  • Stop-loss at 123.78.
  • Price targets at 118.80 and 116.60.


#gazprom #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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