years on the market

Trading ideas for PJSC Sberbank 04.02.2020

The support level of 251.00 held back sellers. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversoldness. Buy while an ascending pattern 123 is forming and an inclined channel of the descending structure is breached.

Trading recommendations:

Buy as an ascending pattern 123 is forming.

Stop loss below the support level of 251.00.

Target levels: 261.58; 270.70.

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