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Sberbank Stock analysis 22.07.2019

Shares in Sberbank continue the bearish path after it came out of the bullish channel that was floating in it.

The price was able to break through the moving averages and the movement is under the moving averages 20-50-7 where it moves above the price and constitutes price resistance levels

Stochastic is within the oversold area in a sideways path in a bearish path

Expected movement between support 211.40 and resistance 258.39

General trend of the movement: bearish

Author: admin
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