QIWI short ideaa fall past 1250 RUBs would cause me to short this stock. However, the odds are high of the stock bouncing at the support line. The RSI is in the oversold zone and there is two support lines in the 1250 range. This is a strong sell off and it could be the case that we see the stock fall even further. Volume is contracting and we could see a big price move either way.
IRKUT - the plane taking off?Irkut Corporation is the leading aircraft manufacturing company in Russia. The shares of the company are in an upward trend. The Company has quite a few long-term contracts, a large share is occupied by military developments (Su-35 and Yakovlev-42 aircraft). The company has proved itself well.
One of the latest news.
Russian Defense Minister Sergey Shoigu, visiting the Komsomolsky-na-Amure aircraft factory (KNAAZ) on August 12, said: "By the end of the year we plan to conclude an additional government contract for the supply of Su-35S multifunctional fighters. The sum of the contract will make 70 billion rubles".
Therefore, by the end of the year we can expect an upward impulse after the contract is concluded.
Russia allocates a lot of money for the defense industry, it is one of the sectors of the Russian economy that can potentially be considered for investment.
Globally, its shares are in the upward channel. Locally, an inverted figure of head and shoulders is being formed. You can enter the position now, or after its confirmation. The targets for selling shares look very ambitious. It will be necessary to be careful when approaching the price level of 80, as the second top may be formed.
DOWNSHIFTIN 2008 GAZPROM WAS BOUGHT MOSTLY BY MAJORITARIES RELATED TO LEADING POWER
LACK OF MANAGMENT EFFICIENCY RELATED TO LEADING POLITIC POWERS THAT MADE IT NOT COMPETITIVE AND BASED ONLY ON THE BASIC PRICE OF MINERAL RESOURCES
AT THE LAST STAGE ALL PERSPECTIVE SOLUTIONS WERE LOST AS POLITIC FAIL
THE RESULT - FULL DOWNSHIFT BACK TO GROUND