Home About the company Daily reviews Aeroflot Stock Analysis 26.12.2018

Aeroflot Stock Analysis 26.12.2018

26.12.2018

Market Review

Aeroflot continues to be sideways supported by the 7-50 moving averages forming a support level for the price.

The stock is trading around 101.20 support in the sideways direction

Note that SMA 20 is approaching the rest of the averages and waiting for the intersection to take a clear path

While the Stochastic is approaching the oversold area and this may be reflected in the price if the closing of the trading week below the level of support 101.20

Support and resistance:

Stays: 101.20-96.20-90.40

Resistance: 104.6-108.15-115.4

Author: admin
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