30.10.2019
Aeroflot share reached the resistance of SMA 50 as the average halted the bullish movement of the stock. After the price crossed the first resistance at 38.2% Fibonacci retracement.
The price is moving under the positive effect of the 7-20 MAs that form support levels.
Stochastic is on an uptrend after exiting the oversold area, which affects the price action and pushes it to test 106.90 resistance.
Expected trend for today: Bullish.
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