12.02.2020
Aeroflot shares fell to the support level after achieving the bullish target with the opening of trading this week. The bearish movement stopped at the support 117.70, where the moving average 7 is.
Price action above the moving averages 7-20-50 which constitute strong price support levels.
The stochastic oscillator has exited the overbought zone on a bearish path, indicating weakness in the bullish path, and the price started the bearish correction for the bullish movement.
The general trend of the movement: upward path.
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