The Surgutneftegas (MICEX) Analysis, Chart, and Trading Idea
#SNGS
The downward truncated wave structure's formation finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold situation. The level of 21.625 keeps sellers aloof.
Trading idea:
Buy at the breach of 21.760
Stop-Loss: 21.625
Target price levels: 21.920; 22.300
