years on the market

Aeroflot Analysis 19.12.2018

Aeroflot fluctuates around the 101.19 support level tested over the past week and the price is unable to break this support

We note that the moving averages 7-50 go hand in hand at this level, which shows the strength of this support

Stochastic is out of the overbought zone, so the previous level is likely to hold back and the price is headed higher

The trading range between support 95.22 and resistance 108.15

Support and resistance:

Support: 101.19-96.22

Resistance: 108.15-1115.40

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