years on the market

AEROFLOT Stock Analysis

Aeroflot rebounded from the 108.30 support which is the 61.8 Fibonacci retracement and returned to test the resistance of 11.0.90

The price is moving under the positive pressure of the 20-50 moving averages that move below the price and form support levels.

Stochastic is near the oversold area on a bullish path and gives a bullish signal, so the price is likely to test the resistance again.

Overall trend: Bearish.

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