i should be trading my ideas at some pointat this point im bearish on everything... oil prices might reach as low as 17$ and this russian company might see some some rejection cuz of it... this is still bearish if u ask me...
GAZPROM D1The Russian economy is currently in a very difficult position. The national currency fell by almost 20 percent and continues to fall. Russian stocks made a downward movement of about 40 percent. The country introduced a quarantine regime like other states. Russia's income consists mainly of the energy sector. The price of gas and oil has fallen to almost minimum levels and this is not the limit. The heating season is coming to an end. Most enterprises that use gas for industrial purposes are now closed from the global corono pandemic virus. Demand for oil is also falling every day. Profitability of companies falls with geometric progression. The Russian government intends to pay subsidies to maintain the country's oil and gas industry. In this situation, the shares of companies such as Gazprom most likely have no prospects for growth. P.S. Subscribe to my page. Then there will be many interesting things.
Sber between oil and valueWhen sber unfollow bren prices it returns to oil trend.
But when it fall below 180 it bought out.
Sibneft downtrendExperiment with channel return idea.
Oil prices expects to affect share and it may go dipper
Short-term breakout trade - Rostelekom$RTKM
Macro level (D1): $MOEXTL outperforming $MOEX, and $RTKM is lagging but starting to show relative strength.
Intraday level (H1): punching resistance and printing higher highs. Buy the pop or retest. Add on pull backs.
Logical target for both levels: 78.
Renewed count on MGNTI updated the count. Looks way better and consistent with RTSI and broad market outlook. Defensive stocks that do not defend.
Short GAZPromThere is a sell signal on Gazprom daily chart
So, if the stock will move lower the yesterday's low, the Short position could be opened
I hope it will help you with your decisions
Good luck and good trading
I don't even know what this company doesjust now
If we don't lose the KGB wallstreet bets level, probably pressing to 1.3ks
if i had to bet russian rizla level then new low
