Sell #AIG at 44.13 | 08 February 2019

 Sell #AIG at 44.13QIWI weekly

Sell #AIG at 44.13

Technical observation

#QIWI is still rising steadily towards a resistance zone 20.52-19.96, my expectation is a rejection of it within the zone followed by possible bearish rally towards 10.69.Right now as price is still rallying within the above mentioned zone and the support 10.69, you can remain flat and wait for the pull back to 20.52-19.96 to sell this shares. Should there be a clear penetration above 20.52 with a big green candle followed by a correction to it then bullish momentum towards the key resistance line 26.20 can be expected and should there be a clear break below 10.69 then more bearish momentum of this commodity can be anticipated.

Trade recommendation

Remain flat.

#AIG weekly

Sell #AIG at 44.13

Technical observation

Last week, #AIG shares rose towards the resistance 44.13 but could not penetrate above it and was rejected, this week I expect bearish movements towards 35.00 and a possible breakout below it for a further decline towards 24.82 or even lower. You can pick short positions now at 44.13 with your take profit at 35.00 and stop loss at 48.18.In case of a clear penetration above 44.13 with a big green candle, wait for a correction to it confirming possible bullish momentum before you pick long positions towards 56.79.Right now as long as #AIG is contained below the resistance 44.13 only short positions can be recommended.

Trade recommendation

Sell #AIG at 44.13 with your take profit at 35.00 and stop loss at 48.18.

GazpromNef weekly

Sell #AIG at 44.13

Technical observation

Last week, the commodity on the weekly chart above rallied on an increasing bullish momentum, sellers tried pulling the price to the lowers side but it ended up closing above the zone showing the strength of buyers and as long as this commodity is contained above the zone 344.91-339.89 only long positions can be recommended. In case you picked long position within the above mentioned zone last week you can hold on to that position with your take profit at 404.26 and stop loss at 316.54.Should there be a clear breach below 339.89 followed by a correction to it then possible bearish momentum towards 285.05 can be expected.

Trade recommendation

Remain long with your take profit at 404.26.

Imelda Maseno
Analyst of «FreshForex» company
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