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Aeroflot share analysis 18.12.2019

Aeroflot shares rose and managed to break through the resistance 103.99 and settle above it after bouncing back from the 101.25 support level during the past week. Where

The price is moving below the 7-20-50 moving averages, which move in one level and forms a support level for the price and increases the strength of the support level 103.99.

The stochastic is moving within the overbought zone, thus pressuring the price to rise further.

Expected trend for today: bullish.

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