Home About the company Daily reviews Trading ideas for PJSC TATNEFT 31.08.2020

Trading ideas for PJSC TATNEFT 31.08.2020

31.08.2020

Market Review

#TATN

The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator indicator (the price has overstepped the balance line at the point (B) — “breaking the bear’s back”, then the minimum on the chart was updated without updating the indicator’s minimum). Stochastic Oscillator indicates an oversold condition.

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

Buy when an upward wave pattern is formed, where wave (A) breaks through the inclined channel of the downward truncated pattern.

Stop Loss below the support level 552.50.

Target levels: 573.60; 610.0.

Author: admin
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