Sberbank
SBERBANK - ON THE WAY TO 220Last recommendation for MOEX:SBER worked at 100% (see below description), below is a new idea.
What do we have?
1. Broke up the line of price resistance, which was established in January 2018 (the red line)
2. Came up from the consolidating price triangle. (green triangle)
3. We pushed off the price support line formed in 2015(green line)
Conclusion:
In view of the above factors, most likely, the price of Sberbank shares will go up to the level of 220 rubles. (at this level, the previous support line and the zone of price exit from the wide part of the triangle were designated).
Trade recommendation:
Buy shares MOEX:SBER on the market and sell at the level of 220 rubles. (10% profit). Stop loss at 189 rubles (5.45% loss).
SBERBANK RUS. SHORT. HALVING THE PRICE IN USD IS THE WAYSBERBANK RUS, SHORT. HALVING THE PRICE IN USD IS THE WAY.
SL levels as they drawn. TP as described.