Sberbank continues to move within the descending channel in an attempt to correct the descending path after the stock opened trades on a large price gap where the price broke through the lower bound of the ascending channel within which it was moving and also managed to breach the support …
After a bullish gap, the company’s shares are once again testing historic lows amid the uncertainty over the next week’s election in the US. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.
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The currency pair is trading in the range of the lower border of the ascending price channel. Awesome Oscillator indicates a bullish divergence, while the moving averages of Stochastic Oscillator have left the oversold zone. The descending pattern is truncated.
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