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Aeroflot Stock Analysis

04.09.2019

Market Review

Aeroflot shares fell to exceed 107.25 support, approaching the next support 104.70.

The price is moving below the 7-20-50 moving averages, which puts pressure on the price to retest 104.70 support again.

Stochastic is on a downtrend towards oversold area which helps increase negative pressure on the price.

General direction of movement: Sideways.

Author: admin
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