16.09.2019
Sber Bank reached 235.96 resistance which temporarily halted the bullish movement after the stock managed to breach the resistance at SMA 50 and stabilize above it.
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.
Expected movement between 210.8 support and 244.06 resistance.
The general trend is to the upside.
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