28.11.2018
Aeroflot managed to break out of the descending channel in which it was trading. Supported by the moving averages that pushed the price higher. We await the confirmation of the SMA-20 with SMA 50 to confirm the bullish movement.
It is possible that the price corrects the movement towards the top line of the channel where we see that the Stochastic index is trading in the area of saturation of the purchase, but gives the signal of a bearish intersection and if it emerged from that region will be an opportunity to correct the rise
The trading range between the support at 111.00 and the resistance at 120.00
Support and resistance:
Support: 111.00-107.00-103.00
Resistance: 113.6-120.00
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
