years on the market

Aeroflot Analysis 27.03.2019

Aeroflot managed to break 99.94 support under the 50 MA after the price tried to test it several times during the past week.

The price break of the 7-20 moving averages also increases the negative pressure on the price to push it towards the next support level at 95.78.

Stochastic in the oversold area and leaving this area will push the price higher and test resistance 99.94.

The trading range between 95.78 support and 99.94 resistance.

The general trend of the movement is bearish.

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