SBER bullish signal to watch .

30 apr 2020

For now It seems that SBERBANK might be heading towards the 190-193 area to bounce up from there but as long as it doesn't close considerably below the red line , MOEX:SBER is very likely to go upwards to around the 238 IF it breaks the green line at around 206 considerably and closes above it . I think it's a key area to watch for people willing to buy .One of the early signs indicating a strong probabily that we will break above the 206 area would be a strong break of the 200 mark and a closing of the market considerably above the 200 .I would say it would be wise right now to HOLD MOEX:SBER until further notice .