09.12.2019
Sberbank shares return to test the resistance level 236.11 after we were able to breach the resistance 231.74. and return to the bullish channel that was trading within it.
The price is moving in a downward path under the negative influence of SMA 20 which is moving above the price while SMA 50 remains a support level.
The stochastic oscillator is moving upwards so we will see the price attempt to retest the 236.11 resistance and try to breach it.
The general direction of the movement: bullish.
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