Sberbank of Russia Sberbank of Russia
- large degree wavecount
- Abc correction in 3 wave painting itself nicely
- Crypto is setting up to eat into world markets dominance
Stay profitable
PLZL Close positionTwo false upside breakouts and bearish MACD divergence.
It's better get out of position, if you have one.
But company (stock) is fundamentally strong, so no shorting.
Magnit, The Shoprite of RussiaFollowing a stellar multi-year run which commenced in November 2008 and where the share price appreciated from RUB360 to a high of RUB12944, Magnit's share price was seen under massive pressure, trading near six-year lows. Technically, the current level of 3957 (or below 4200) presents an attractive risk/reward on a medium-term basis. Since September we saw 3800 as a resistance level however strong buying can be seen with the RSI pointing sharply higher. From a fundamental perspective, muted growth is being discounted with the share trading at a price/earnings ratio of 10x.
Trade Levels:
Buy at 3960
Stop-loss: 3300
Take Profit Target: 5500
VTBR buy zone wave analysisFirst entrance upon correction on the low time frame, additional entrance upon developments.
Expecting correction up and then one more impulse down Wave analysis. Expectation to go up and then one more impulse down. Thereafter, entrance to new paradigma
RUSAL - a good time to buyIt is probably a good time to buy RUAL as US lifts sactions!
This should attract a lot of investors.
RUAL
WATCHING THE TITAN NORILSK NICKELWhat do we have?
1. The price of MOEX:GMKN is at the upper limits of the maximum of 12,000 rubles.
2. The indicators feel calm, RSI is coming to the top mark.
3. In General, the chart looks very bullish since 2008.
Conclusion:
1. Breaking through the 12,000 level the price is likely to go up to the Fibonacci extension of 161.8, which corresponds to 13960 RUB per share.
2. Goal 13960 is confirmed by the next expansion of the flag in which the stock is traded since October 2017 (according to the rules of technical analysis, the exit from the flag is equal to its height).
Recommendation:
1. Put an alert at 11950 rubles., when the price reach this level important to foothold by the daily candle and then get up in the long and take your profit at 13960 rubles. (About 16% profit).
2. If we reaching 12000 RUB. and the rollback to the area of 11500 rubles, up in shorts to RUB 10715 level (since the price will continue to move in the flag).
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).
Chuvashov's fork and channel bounce$LKOH 4H has broken and retested Chuvashov's fork (orange line) after the bounces from the top of the trend channel. Expecting further downside to the bottom of the channel or lower, if megaphone formation plays out.
RUS SBERBANK: Waiting for better time.Following on US sanctions Sberbank shares are slipping towards Jan 17 lows. It seems preferable to wait for better times
