Renewable energy becomes more popular all over the world. It includes solar energy, wind energy and, of course, hydroelectricity. The majority of Russian hydropower plants are owned by RusHydro.
The company's shares were in decline amid the general bearish movement of the stock market. Now the stock is trading in the range of the round important level of 50 kopecks per 1 share. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator shows an exit from the oversold zone.
Trading recommendations:
Buy Above the round pivot zone of 0.5020.
Stop Loss under the low 0.4960.
Target levels - 0.5080; 0.5180.