05.10.2020
Aeroflot confirmed the breach of the support 78.50 and reached the level of 68.30, after it managed to breach the support level 82.00 before that.
The price is moving below the moving averages 507-20- which move in a bearish order above the price near the 78.50 resistance level and pressurize the price for further decline.
The stochastic oscillator has entered the oversold area and is moving within this area within a sideways path, therefore we may see a further drop in the price.
General path of movement: a downward path.
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