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Aeroflot Stock Analysis

20.02.2019

Market Review

Aeroflot continues to move within the bearish path under the influence of the double top that is pushing the price lower

The price moves below the moving averages that you press and push it towards the test of the support level 100.34.

The stochastic is in a bearish path after forming a bearish cross between the two lines of the indicator, which increases the negative pressure on the price and push it further downward

The trading range between support 90.27 and resistance 109.81.

Support and resistance:

Support: 99.45-90.27

Resistance: 103.50-109.81

The general trend of the movement is bearish

Author: admin
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