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Aeroflot stock analysis

14.09.2020

Market Review

There is nothing new in the movement on Aeroflot, as the stock continues to test the 82.00 support level at the end of last week's trading, but it failed to breach this level. The stock returned to the sideways movement it was trading in during the past two weeks, as it tested the key support level of 78.50, which is considered one of the important levels that the price is exposed to.

 

The price is moving below the moving averages 507-20- which moves in one level at the level of 84.00 and forms the first level of resistance for the price and prevents it from rising further.

Author: admin
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