Home About the company Daily reviews Trading ideas for Surgutneftegaz 04.06.2020

Trading ideas for Surgutneftegaz 04.06.2020

04.06.2020

Market Review

#SURGUT

The stock is trading in the support level range of 39.00. Stochastic Oscillator indicator signals a change from a downtrend to an uptrend by crossing moving averages in the oversold level range (20). A descending truncated pattern of the M30 level has formed. 

Trading reccomendations:

Buy while an ascending wave pattern is forming, where the wave (A) breaks through the inclined channel of the descending truncated pattern of the M30 level.

Stop loss: 39.00.

Target levels: 40.90; 42.40.

The #SURGUT shares rate online: monitor the movement of the shares in real time.

Author: admin
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