Trading ideas for JSC RusHydro 08.01.2020

The general trend is upward. Previously we bought this paper at lower levels at the very beginning of the upward movement. The stock is expected to grow in 2020.

Breaking through the resistance level 0.5632 will result in the formation of an uptrend 123 within the overall uptrend.

Trading reccomendations:

Buy above 0.5632.

Stop loss - 0.5520.

Target levels - 0.5736; 0.5900.