28.10.2019
SberBank had managed to breach the resistance of 235.74 and continue the upside move with a target of 244.68.
The price is moving in an uptrend with positive support from all moving averages that move below the price and give it stability for the continuation of the rise.
The price is moving above the 20-50-7 moving averages, which have become bullish below the price and form support levels.
The Stochastic is moving sideways within the overbought zone which will push the price higher further.
The general trend is to the upside.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
