29.05.2020
The stock is trading in the range of the lower border of the ascending price channel. A downward truncated pattern and bullish divergence are forming. The completion of the downward pattern will result in the continuation of the upward movement within the ascending price channel.
Trading recommendations:
Buy when an ascending pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop loss: 39.40.
Target levels: 42.40; 44.40.
The #SURGUT shares rate online: monitor the movement of the pair in real time.
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