Sberbank fallingSberbank shares have nice support starting from 200 and down to 187. After that there will be a gap till 174.
Yandex retracementYandex shares lose in value and falling down to 2200-2100. There will be a good support, but not a fact it will hold, although overall trend is bullish. Minor possibility price will find support at 2300, but it has less volume and interest.
Shorting NovatekWhile I am still long LKOH (although I have doubts about its potential) and RIG I see mounting evidence that NVTK is topping. On all timeframes, there is a visible EW count.
Very compelling price action on 4H and D charts. If it stays where it is or goes down by the end of the week there will be a confirmation on W chart as well.
WHY: compelling PA (bars), clear EW count, divergence on indicators
Risk: 0.2% of total portfolio
Exit strategy: 50% when reaching 1/1 profit to risk ratio, the latter when retracing 0.382 of the previous high.
Duration: 6-10 months
SBERP buy - $SBERPSBERP buy
goal 1: 200
goal 2: 204
goal 3: 208
goal 4: 212
goal 5: 216
goal 6: 220 (try)
Forecast price of Gazprom based on dividend policy and CAPEXForecast price of Gazprom based on dividend policy and CAPEX
SBERBANK'S SHARES / GOOD OPPORTUNITY FOR LONG There is great probability that SBERBANK'S SHARES are forming triangle now.
It feels like RTKM soon will explodeI read Stratfor this morning
'The Russian government has signed a number of agreements with several state-owned enterprises to distribute responsibilities for the development of a wide range of technologies. Under the new contracts, Russia's state-controlled Sberbank will be responsible for the development of AI technologies, Russian Railways will manage the development of quantum communications, Rosatom will manage the development of quantum computing as well as material sciences, Rostec will develop quantum sensors, and both Rostelecom and Rostec will head the development of Russia's 5G infrastructure. The budgets for these developments were not included in the contracts, but are expected to be released closer to fall.'
and went to see the chart. Indeed RTKM looks like it is going to the moon. I will allocate 10% of the portfolio to this stock.
Buying dip in Alrosa #2020/7The week is far from being over and it is the middle of the month. So basing my trade on W and M charts are a bit premature. However, broad bullish sentiment that moved OANDA:SPX500USD , TVC:USOIL , OANDA:XCUUSD , OANDA:XAUUSD etc. make me conclude that MOEX:ALRS being a mining company is also moving to new highs or forming a bullish pennant.
Risk - 0,24% of my capital
TIme horizon: approx 6 months
Exit strategy: close 50% of the position at 107.6, move SL to 0 loss and wait for the pennant to confirm before adding
I will consider adding midway if there is welcoming price action.
Flipping from short to long in LKOHI am closing my earlier trade with 0,08% (of total account) loss because price action on lower TM signalled that my analysis seems to be wrong.
Triangle is still worth a trade, so I reconsidered my count and opening trade in the opposite direction.
Position size: limited by the rule that holding of a single company should not exceed 5% of the total portfolio,
Risk on trade: 0,10% of the total account
Risk reward: 3.0
Exit strategy; close 100% at TP
Duration; 1 week. Daily monitoring.
