Trading ideas for PJSC Gazprom 17.10.2019

The overall movement is upward. The support level of 220.80 holds back sellers. The Stochastic Oscillator indicator shows the crossing of moving averages and the rebound from the oversold zone. The pivot zone of 228.0 deters buyers.

Trading recommendations:

Buy above the pivot zone 228.0.

Stop Loss – 220.80.

Target levels – 235.0; 243.6; 255.54.