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AROFLOT Stock Analysis

Aeroflot was able to reach 102.87 support and bounced back after testing it at the beginning of the week

The price is moving below the 7-20 moving averages which are price resistance.

It reached the 50 level which is still below the price and formed a support level and positively pressed the price.

Stochastic is in a downtrend towards oversold area, so we can see the price drop and try to test support again.

Overall trend: Bearish.

Author: admin
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