Sberbank Stock Analysis

Sberbank continues its bullish trend for five weeks. Where the price in the jump to resistance 217.78 at the end of last week

The moving averages support price action as the moving average 7 moves steadily below the price and provides stability and stability for the continuation of the bullish movement,

SMA 20 and SMA 50 in the ideal order for the upside movement

(7-20-50)

Stochastic moves in the saturation zone and leaving the region will lose the positive momentum of the rise and therefore we can see some correction of the movement.

Expected movement between support 211.05 and resistance 224.58

The general trend of the movement: upward