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AeroFelot Stock Analysis

31.07.2019

Market Review

Aeroflot managed to breach the 107.25 support test after testing it several times over the past week.

The price is moving below the 7-20 moving averages which are resistance to the price.

While the 50 average is still below the price and constitutes a positive pressure on the price.

Stochastic in a downtrend towards the oversold area so we can see a drop in the price and try to test

the support 104.65

General trend of the movement: bearish.

Author: admin
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