Aeroflot continues its upward trend for the fifth session in a row and is approaching the resistance level 107.81 at the level of Fibonacci 23.6%
The price moves above the moving averages moving close to each other and forming a price support level and pushing it higher
We wait for the intersection between these averages and get the order 7-20-50 until the price gives stability in the ascending path
Stochastic is moving near the overbought area in a sideways path and if you can enter this area the positive pressure on the price will increase and we are likely to see new highs
The overall path is expected between support 100.20 and resistance 115.27
Support and resistance:
Support: 104.59-100.20-90.11
Resistance: 107.81-115.27-118.76
General Track: Up