Metallurgical sector proved to be the most resistant to the strong decline in the oil prices and, accordingly, the national currency caused by the influence of the new virus.
A pin-bar has formed on the chart (H4 timeframe). Stochastic Oscillator indicates oversoldness. The moving average goes below the histogram on the MACD indicator.
Buy on the breakout of the pin-bar figure: 108.50.
Stop Loss: 103.80.
Target levels: 113.00; 117.50; 123.70.
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