years on the market

Trading ideas for PJSC NOVATEK 24.08.2020

#NVTK

The overall trend is upward. The stock is trading in the range of 135 and 365 moving averages directed upwards. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals an oversold condition. 

#NVTK rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending 1-2-3 pattern is formed, where wave 1 breaks through the inclined channel of the descending structure.

Stop Loss under the price pivot zone of 1115.0.

Target levels: 1170.0; 1200.0.

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