🔴 Rusagro with discountRusagro Group of Companies is the largest vertical agricultural holding in Russia. Rusagro holds leading positions in sugar production, pig farming, crop production and fat and oil business. The Group's land bank is 637 thousand hectares. Founded in 1995. Revenue ₽104.4 billion (I p/y 2021). Capitalization ₽152.5 billion
A deal to rebound from the resistance level (₽1180).
The instrument almost reached a historical maximum in October, the energy to continue moving and overcome the extremum is not yet observed in the instrument. From October 2020 to October 2021, the GDR grew by more than 70%, a strong uptrend left a wide potential area for correction.
1) The closing of the daily candle is far from the level.
2) Completion of the technical rebound from the level of ₽1080.
3) Trend movement.
4) They are not allowed to go up.
Short from ₽1178.8
Goal 1: ₽1081
Target 2 (open): ₽880-1000 (range, fixing as the price moves)
Stop above ₽1200
NOT IRR.
