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Sberbank Analysis 22.04.2019

22.04.2019

Market Review

Sberbank was trading under resistance 238.53 after reaching 247.50.

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 reached the oversold area and came out of it on a bullish path, signaling a possible test of the 247.20 resistance level again.

The expected movement between 228.00 support and 258.40 resistance.

General trend of the movement: upward.

Author: admin
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