How the Megafon will go
Frankly speaking i dont see enough power fro that instrument to get breaktrhough.
It was long series of declining which as ended "probably" due to company started paying dividends
On W we have some kind of stop falling and has area of accumulation.
I see that peridocially volumes jumped but then immediately down being oppresed,
In positive scenario after accumulation smart money the price will go out of patter rectangle.
I bet on up because that telecommunication sector, which i expect will gather interests and shares with time - 5G technologies, gadgets etc.
In worst scenario it goes downward with basic trend and will be emerged by more advanced company.
It was long series of declining which as ended "probably" due to company started paying dividends
On W we have some kind of stop falling and has area of accumulation.
I see that peridocially volumes jumped but then immediately down being oppresed,
In positive scenario after accumulation smart money the price will go out of patter rectangle.
I bet on up because that telecommunication sector, which i expect will gather interests and shares with time - 5G technologies, gadgets etc.
In worst scenario it goes downward with basic trend and will be emerged by more advanced company.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.