Aeroflot Trading Analysis (07/07/2023)

#AFLT
 

The downward wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. The entry point at the pullback B+ on the truncated C is forming. There is the bullish divergence on the Awesome Oscillator.
 

Trading idea:

Buy at the formation of the ascending wave structure, where the A wave breaches the sloping channel of the downward truncated structure.

Stop-Loss under the support level of 41.12.

Target price levels: 43.63, 44.20.

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