09.10.2019
Aeroflot continues to decline after breaking 101.10 support at 38.2% Fibonacci retracement. It reached the next support 99.07 and rebounded upwards.
The price is moving under the negative effect of moving averages 7-20-50 forming the resistance levels.
Stochastic is on the path after exiting the oversold area, which reflected on the price action and led to a rebound from the support level.
Expected trend for today: Bearish.
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