years on the market

Trading ideas for PJSC Sberbank 18.05.2020

#SBER

The support level of 183.50 held back sellers. The stock is trading in the range of a descending price channel. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness.

Trading recommendations:

Buy while an ascending 1-2-3 pattern is forming, strictly on the breakout of the upper border of the descending price channel.

Stop loss: 183.50.

Target levels: 192.17; 198.10; 204.33.

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

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