The Gazprom PJSC (MICEX) Analysis, Chart, and Trading Idea
#GAZP
The formation of the truncated descending wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator. The breach of 159.57 will start the formation of the ascending wave structure.
Trading idea:
Buy at the breach of 159.57;
Stop-loss: 156.70;
Target price level: 163.80; 165.90.
