Home About the company Daily reviews Gazprom Neft Trading Analysis (07/08/2023)

Gazprom Neft Trading Analysis (07/08/2023)

07.08.2023

Market Review

The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The stock is traded in the range between 365 and 135 ЕМА. The Stochastic Oscillator signals the oversold state.
 

Gazprom Neft stock price chart as of 07/08/2023 with technical indicators

Trading idea:

Buy at the breach of 581.40.

Stop-loss: 569.80.

Target price levels: 600.00, 605.00.

#gazpromneft #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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