Trading ideas for Mobile Tele Systems (MICEX) 28.11.2019

MTS decided to pay double-digit dividends, which makes the company quite attractive for investors.

The overall trend is upward. The resistance level of 303.80 became the support level (the price pivot zone). Stochastic Oscillator indicator signals oversoldness.

Trading recommendations:

Buy Above 307.00.

Stop Loss under the price pivot zone 303.80.

Target levels - 315.33; 321.00.