Buy GazpromNef Shares | 31 May 2019

GazpromNef Weekly Review

Buy GazpromNef Shares

 Wave Analysis

Since July 2016, the shares of this company has been increasing in value.  And despite the decline witnessed earlier 2017 and late last year, the shares of this company are generally on the rise.  While the price is contained above the 344.55 handle, we expect further momentum to the upperside.  The anticipated bullish price rally is the continuation of the impulsive wave (5) to the upperside and should breakout above 401.85. If you’re a bit skeptic to buy the shares of this company now, you can wait for a rise above 401.85 towards 500.
Trade Recommendations:
We’re looking for buy positions especially on a breakout above 401.85.
Lukoil weekly Review
Buy GazpromNef Shares
Wave Analysis:
Since October 2017, Lukoil has faced very little downtimes, however, earlier this year has seen  the shares of this company decline  but is still above 4985.0. We expect a possible momentum further to the upperside. The decline which has been seen since the beginning of this year is a mere correction and should not go beyond 4985.0. Instead of looking for a buy position at the moment, we’re waiting for clear low risk buy orders with our targets being above 5000.00. If you’re a bit skeptic to pick buy orders as we speak, you can buy a breakout above this years highest high.
Trade Recommendations:
Conservative traders can start looking for low risk buy orders on the shares of this company.  
Tesla Weekly Review
Buy GazpromNef Shares
Wave Analysis:
For almost  months now, the shares of this company has been on the loosing end. The past one month has seen the shares of this company loose value and is currently rallying below a key supportive trendline and is currently rallying around 190.69 .  To sell the shares of this company on the spot market at the least risk. Conservative traders should wait for retracements  towards 224.10 to pick low risk sell orders towards 160.00 or even lower. And on the flipside, only a clear breakout above 335.00 may trigger low risk buy positions.
Trade Recommendations:
Wait for sell orders from 224.10.
 
 
 
Bob Stan
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