Aeroflot's share price rose, exceeding the resistance level of 107.36, ending the sideways movement, after fluctuating around 103.99 for more than two weeks.
The price action has become above the 7-20-50 moving averages that have become a very strong support level as it is moving in one level.
The stochastic …
A bearish divergence was formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator showed an exit from the overbought zone. Breaking through the price pivot zone of 58.60 will result in the formation of a descending 123 pattern.
Trading recommendations:
Sell below the price pivot zone of 58.60.
Stop loss …
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