#ABC
The overall trend is upward. The bears tested the lower limit of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition. The inclined channel of the proposed correction pattern is broken (A).
Trading idea:
Buy on the breakout of 98.26 when …
Sber Bank shares are correcting the bullish path after reaching the resistance level 290.00 previously, where the price fell, breaching several support levels of 271.00, and reaching the next support level 260.00.
The price is moving below the 7-20 moving averages that form resistance levels and pressurize it to …
Tuesday, December 22nd, today’s news—new coronavirus strain fears overshadow the recovery hopes amid the vaccine rollout. European and Asian markets fall, S&P 500 dips, the US Treasury yields and oil prices are also down. The price of Brent oil is $50.06, WTI—$47.05, EUR/USD is at 1.2219, GBP/USD—1.3434, gold is $1,876.85 …
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