Trading ideas for PJSC Rostelecom (MICEX) 27.11.2020

#RTKM

The stock is trading in the range of 365 and 135 moving averages. A “start fractal” has formed above the moving averages. A breakout of the start fractal will result in the formation of a 1-2-3 ascending pattern. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.

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

Trading recommendations:

Buy above 94.40 (on the formation of a 1-2-3 ascending pattern).

Stop Loss at the price pivot zone of 94.00.

Target levels: 97.40; 100.00.