Gazprom Neft Trading Analysis (07/08/2023)
The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The stock is traded in the range between 365 and 135 ЕМА. The Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the breach of 581.40.
Stop-loss: 569.80.
Target price levels: 600.00, 605.00.
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