Home About the company Daily reviews Aeroflot share analysis 11.12.2019

Aeroflot share analysis 11.12.2019

Aeroflot shares returned to test the 101.02 support level after being able to breach it as a resistance level.

The importance of this level is that it is located at a 50.0% Fibonacci retracement.

The price is moving below the 20-50 moving averages which constitute price resistance levels close to it but it was unable to breach it.

Stochastic is on an upward path, thus adding pressure to the price to rise.

Expected trend for today: bullish.

Author: admin
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