Sberbank continues to be in a sideways range between 201.86 and resistance 219.21
In a sideways move closer to the downside under the influence of the moving averages 7-20-50
The averages are moving above the price in the descending order thus increasing the probability of a drop and test the support level 201.86
The continuation of SMA 50 in motion and the cross-price is the catalyst for price for movement and support testing
The stochastic is forming a bearish cross between its lines and heading towards the oversold area in a signal of bearish probability and support testing.
The expected movement between 193.43 support and resistance. 219.20
General direction of movement: sideway
