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Trade Idea for PJSC Aeroflot – Russian Airlines (MICEX)

PJSC Aeroflot – Russian Airlines (MICEX)
#AFLT
Industry: Air Transportation

The trend is upward. The descending truncated wave structure has completed with a breakout of the sloping channel. The Awesome Oscillator shows a bullish divergence, and the Stochastic Oscillator has exited the oversold zone.

Trade Idea:
Buy on the breakout of 51.34.
Stop Loss – 50.62.
Target levels – 52.55; 53.60.

Author: GC

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