years on the market

Sber Bank Stock Analysis 14.10.2019

Sber Bank  Stock  rebounded after reaching support at 222.82 which is near the 50% Fibonacci retracement..

The price is moving upwards after it has breached all the moving averages.

The price action is moving above the 20-50-7 moving averages which are forming support levels.

The Stochastic is moving sideways within the overbought zone which will push the price higher further.

The expected movement between 222.82 support and 235.96 resistance.

Overall trend: Bullish.

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