Aeroflot stock analysis

15.01.2021

Technical reviews

Aeroflot stock stabilized in trading above the support level 68.30, thus confirming the continuation of the bullish path and the end of the descending wave.

The price is moving above the average level of 20-50 after it was able to breach it by the end of last week, which is moving near the support level 68.31 and pressures the price to continue rising.

The stochastic oscillator fell to the bottom after it was moving in an upward path, which coincides with a slight corrective price decline

General path of movement: an upward path

Author: GC
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