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Aeroflot Stock Analysis

15.05.2019

Market Review

Aeroflot continues to be on the downside for the fourth consecutive week. 

The price is currently subjected to negative pressure from the moving averages that are moving above the price and pressure it to land. 

The SMA 50 continues to move above the price forming strong resistance to it. While moving average 20 moves near resistance at 95.78 

Stochastic has reached the area of saturation of the sale and continuous movement in this area. 

General trend of the movement: bearish 

Author: admin
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