09.09.2019
Sber Bank was able to breach the resistance at SMA 50, so the price continues the bullish move, which was confirmed after exiting the descending channel that was trading two weeks ago.
The price is moving above the 7-20-50 moving averages that form support levels.
Stochastic is within the overbought zone on an uptrend and the continuation of movement within the region will stimulate the price to rise further.
The expected movement between 210.8 support and 235.96 resistance.
The general trend is to the upside.
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