years on the market

AROFLOT Stock Analysis

Aeroflot was able to reach 102.87 support and bounced back after testing it at the beginning of the week

The price is moving below the 7-20 moving averages which are price resistance.

It reached the 50 level which is still below the price and formed a support level and positively pressed the price.

Stochastic is in a downtrend towards oversold area, so we can see the price drop and try to test support again.

Overall trend: Bearish.

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