Aeroflot Stock Analysis 06.02.2019

Aeroflot is moving in a downtrend under the influence of the double top that is pushing the price lower

The price is moving below the moving averages you are pushing and pushing it towards the support level of 100.34.

Stochastic continues to provide negative signals moving zone of saturation of the sale, therefore, we will see price declines and break the support level 100.34

The trading range is among the support at 100.34 and resistance at 109.50.

Support and resistance:

Support: 100.34-90.17

Resistance: 109.50-116.49

The general trend of the movement is bearish