Aeroflot shares analysis 22.06.2020

The Aeroflot share continues to decline as the stock has approached the 78.33 support level, which is considered one of the important levels that the price will stop at.

The price has moved below the moving averages 7-20 level, but it remains moving above the 50 average, which constitutes the first levels of support for the price.

The stochastic oscillator has entered the oversold zone, thus increasing the negative pressure on the price to test the support level 78.33.

The stock can be bought at the 78.33 support level, and the targets will be 86.64- 97.96, and a stop loss is below 68.00