years on the market

AEROFLOT Stock Analysis 09.10.2019

Aeroflot continues to decline after breaking 101.10 support at 38.2% Fibonacci retracement. It reached the next support 99.07 and rebounded upwards.

The price is moving under the negative effect of moving averages 7-20-50 forming the resistance levels.

Stochastic is on the path after exiting the oversold area, which reflected on the price action and led to a rebound from the support level.

Expected trend for today: Bearish.

Other reviews

Choose your language