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Trading idea for MTS PJSC

26.07.2021

Market Review

#MTS
The dividend gap remains open. The descending wave pattern is truncated. The support level of 315.15 holds back sellers. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:
Buy on the breakout of 318.60 (when an ascending wave pattern is formed).
Stop Loss under the support level 315.15.
Target levels: 322.00; 326.00; 340.00.

Author: GC
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