Updated

SBERBANK OF RUSSIA - BUBBLE CRASH CONTINUATION (STEADY MODE)

* Sberbank of Russia (ordinary shares) trades below Weekly SMA(200) almost 1st time in past 5YRS.
* 95% of 10YR Trades Volume is near 110 or below.
* 99% of all-time Trades Volume is near 110 or below.
* Looking for further 35% decline.

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Trade active

Is on the way to key resistance (50% Fib retrace near Weekly SMA (200).
Next is 50% decline.

Euro-adjusted price

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Basically, that is a continuation of the story that begun 2 years.
Just bigger volatility.

Note

The history repeats itself. "The first as tragedy, then as farce"
That is all about Covid.

Trade active

Sberbank of Russia (ordinary shares and ADRs) is getting resisted near 5YR avg.

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Note

Recover to Weekly SMA(200) / Fib 0.5
Attempt #2

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Trade active

CONTINUATION//

Covid.. Sanctions.. Or smth else..
Does it really matter , that is the question.

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Trade active

Is on the way

Sberbank, EUR hegded

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PandorraResearch

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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.

PandorraResearch

Also on:

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.