Trading ideas for JSC Aeroflot 25.10.2019

The support level of 102.74 held back sellers. Bullish divergence is forming on Awesome Oscillator indicator, and the Stochastic Oscillator indicator shows an exit from the oversold zone. The descending corrective pattern is truncated.

Trading recommendations:

Buy while an ascending structure is forming above the inclined channel of the descending truncated pattern.

Stop loss under the support level – 102.74.

Target levels – 106.07; 108.90 (уровень 138.2%F).