years on the market

AEROFLOT Stock Analysis

The support level of 104.70 held up against Aeroflot share price and prevented it from falling further to rebound upwards and test resistance 107.25.

The price is still moving below the 7-20-50 moving averages, which puts pressure on the price to retest 104.70 support again.

Stochastic is in a sideways direction and is heading higher after exiting the oversold area, which increases pressure on the price and pushes it to retest 107.25 resistance.

General direction of movement: Sideways.

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