years on the market

Trading ideas for PJSC "Magnit" 09.09.2019

Williams Percent Range shows that the shares are oversold, Awesome Oscillator indicates a bullish divergence. If the downward sloping channel is breached by an upward pattern, the shares will have the opportunity to grow.

Trading recommendations:

Purchase as the rising pattern is forming, with an AC wave breaking through the sloping channel of a downward pattern and terminating it.

Stop Loss 3568.0.

Target levels – 3683.0; 3815; 3884.

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