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Sberbank Analysis 15.04.2019

15.04.2019

Market Review

Sberbank managed to break through the 238.53 resistance and close above it to come back and test it again with last week's trading sessions closed.

Sberbank continues to move within a bullish path under the influence of the 7-20-50 moving averages

Where the averages move below the price and form support levels for the price

The stochastic is out of the saturation area of the buy-in in a bearish move in a sign of a possible test of the broken resistance level of 238.53 again

The expected movement between 228.00 support and 258.40 resistance

The general trend of the movement: upward

Author: admin
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