Home About the company Daily reviews PJSC Magnitogorsk Iron and Steel Works analysis 27.08.2020

PJSC Magnitogorsk Iron and Steel Works analysis 27.08.2020

27.08.2020

Market Review

#MAGN

The overall trend is upward. The price pivot zone of 39.32 held back sellers. The descending H1 level pattern is truncated. Awesome Oscillator indicates a bullish divergence, and Stochastic Oscillator indicates an oversold condition.

#MAGN rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending wave pattern is formed.

Stop at the price pivot zone of 39.32.

Target levels: 40.18; 40.75.

Author: admin
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