Following the latest developments at this oil Company, we expect Gazprom shares to rise in value following the announcement that this company is repairing their refineries. On the charts, we expect much volatility especially if the price can either breakout above the upper trendline od below the lower trendline. As it is, we’re looking forward to a bounce from the upper trendline to sell the corrective wave (D) towards 150.71-149.29. This sell looks much better, but a breakout above the upper trendline gives a low risk buy opportunity.
Trade Recommendations:
Sell a bounce from the upper trendline.
MTS weekly Review
Wave Analysis:
The shares of this company are currently trading within a rising channel formation. We expect the latest bounce from the lower trendline to have marked an end to the corrective wave (B), that the current bullish price rally is the continuation of the third impulsive wave (C) to the upperside and should breakout above 272.80. This bullish price rally is highly anticipated as long as the price remains within the rising channel formation. A breakout below this channel may act as an onset to a rally to the lowerside towards 225.00.
Trade Recommendations:
Buy the shares of this company towards 272.80.
Lukoil weekly review
Wave Analysis:
Lukoil is currently trading with an increasing bullish bias. As long as the price is sustained above the three simple moving averages, we expect nothing but a possible momentum to the upperside. The current bearish price rally is the unfolding of a corrective three wave cycle but should not go beyond the supportive 200 SMA.Generally as long as the price is contained above the three SMAs, we expect nothing but a possible momentum to the upperside and should rise above the previous weeks highest high towards 6097.
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
en 
cn 
id 
ar 
ru 
vn 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
