Alrosa w42 2020. Buy from SR levelweekly
daily
4H
Nice Uptrend, not so strong but stable
For now its slight correction , low volumes.
I will open buy at 73
TP 83
SL 69
RR 2.33
Alrosa
LONGpurchase at current prices. at a decrease to 75/70, buy shares in the portfolio for accumulation.
Alrosa near the bounceAlrosa been showing bad results for the whole 2019 year. Went below previous lows and now going deeper. Support at 69.5 bounced the price, and at day timeframe it looks nicely oversold and ready to bounce. But at week timeframe the situation is still dramatic. If current 70 SR won't stop the price, next support that has potential to stop the fall is at 64. In any case these stocks will have to recover for some time, before any kind of uptrend may appear.
