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Trading ideas for Gazprom PJSC 27.10.2020

#GAZPROM
 

The company’s shares are trading at the March lows, and at the base of the May 2019 upward movement. At the same time, gas prices continue to grow, a record-breaking rise of over 10% was recorded yesterday.

A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals an oversold condition.
#GAZPROM rate online: monitor the price movement in real time.


Trading recommendations:

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

Stop Loss under the support level 161.30.

Target levels: 169.50; 173.37; 184.30

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