18.11.2019
Sber Bank is moving in a sideways path dominated by the resistance of 242.75 from the top and the support of 236.11 from below as it tested these two levels during the last week and was unable to breach them.
The price is moving upwards with positive support from the 20-50 moving averages that move below the price and give it stability to rise and form support levels.
Stochastic is moving in a bearish path but it is giving signals to change course towards overbought area which will increase the positive pressure on the price to rise and test the resistance level 247.75.
The general trend is to the upside.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
