years on the market

Trading ideas for the PJSC Tatneft 02.06.2020

#TATN

Oil continues to rise in price amid the production cuts and increasing demand.

The company’s shares are trading in the range of the lower boundary of the flat range. Breaking through the resistance level of 552.00 will result in the formation of an ascending pattern of 1-2-3. Also, Stochastic Oscillator signals oversold.

Trading recommendations:

Buy above 552.00.

Stop loss: 534.00.

Target levels: 573.50; 615.00.

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

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