years on the market

Trading ideas for PJSC Aeroflot 13.04.2020

#AEROFLOT

The stock is trading in the range of 365 and 150 moving averages. The resistance level of 79.00 holds back the bulls. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overboughtness.

Trading recommendations:

Sell while the descending pattern is forming, where wave (A) breaks through the inclined channel of an ascending truncated H2 level pattern.

Stop loss for a local maximum (79.00).

Target levels: 61.00; 52.27.

The #AEROFLOT rate online: monitor the movement of the shares in real time.

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