12.08.2020
Sber Bank stock continues moving within the ascending channel, as it managed to breach the resistance (229.33) as seen in the chart. And that was after it broke through the resistance 215.70 and confirmed its break.
The current price action is between the support level 202.23 and the resistance level 229.06 over the medium period.
While the main targets will be at the support level 185.80 and the resistance level 239.00.
The moving averages 20-50 are below the price near the level of 215.70 and add pressure on the price for further upside.
General direction of movement: Bullish path
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