Aeroflot Analysis 24.04.2019

There is no new movement in Aeroflot as the stock continues to move within the side track between the 95.78 support and the 99.94 resistance within the sideways movement

The price is currently subjected to negative pressure from the moving averages that are moving above the price and pressure it to land.

The SMA 50 continues to move above the price forming strong resistance to it

Stochastic is in a bearish direction and reached the oversold area. Thus we can see a test of support 95.78 before the indicator comes out of the region

General direction of movement: neutral