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Sberbank Analysis 24.12.2018

24.12.2018

Market Review

The Sberbank stock has rebounded towards the pattern it emerged from last week

The price is trading near the support level of 1.86.10 around the moving average 7 and below the moving averages 20-50 in a bearish movement where the moving averages are 20-50 resistance level

The Stochastic is giving a negative cross that stops the bullish movement it was trading in last week

Support and resistance:

Support: 186.00-179.20-150.00

Resistance: 193.8-205.4

The overall path is bearish

Author: admin
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