16.10.2019
Aeroflot shares rebounded after testing 99.07 support again and failed to break it for the second time. Where it broke through the moving average 20 and heading to the moving average 50.
The price is moving under the positive effect of the 7-20 MAs that form support levels.
Stochastic is on an uptrend and is approaching overbought area which affects the price action and pushes it to test the resistance of 140.60 then 105.60.
Expected trend for today: Bullish.
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