SberBank Stock Analysis 11.11.2019

Speer Bank was able to breach the 235.80 resistance level at 61.8% Fibonacci retracement. It reached the next level at 241.95

The price is moving in an uptrend with positive support from moving averages 7-20-50 that move below the price and give it stability to rise and form support levels for it.

Stochastic is moving in an uptrend towards overbought area which will increase the positive pressure on the price to rise and test the resistance level 245.50.

The general trend: bullish.