Buy Microsoft shares from 123.80. | 21 June 2019

Gazprom Weekly review 

Technical Observation

Overall, Gazprom is in an active uptrend. While the price is contained above the zone 171.16-166.27, I expect further rally to the upperside. Last week, nothing much has happened on the shares of this company, the past two weeks has seen the shares of this company plunge slightly but the price is still above both  the two simple moving averages and above 171.16, we expect a rise even higher. And on the other side, should price break below 166.27, I'll expect a momentum to the lowerside towards 116.70.

Trade Signal

Buy Gazprom shares.

Magnit weekly review

Technical Observation

Magnit is currently trading in an increasing bearish bias momentum to the lowerside. While the price is contained below the two simple moving averages, I expect a spike to the lowerside towards 3106.00. On the weekly chart attached, I'm waiting for a clear breach below 3423.9 to pick a long term sell order with the next ideal take profit at 3000.00 or even lower. As it is, I recommend loosing for sell orders especially if price can pullback upwards towards 4448.6, then this will be a good place to look for a sell order.

Trade Recommendations:

Look for a sell order

Microsoft Weekly Review

Technical Observation

Since 2016 until now, Microsoft shares has been rising and is still very bullish both on the daily and the weekly time frames. While the price is contained above the two Simple Moving Averages, I expect a rise even higher. According to the daily chart attached, I'm waiting for  a pullback towards 123.80, to buy the shares of this company at the lowest risk possible. I expect a rise even higher, and should price break above the recent highest high, 134.15, I'll expect further rise even higher.

Trade Signal.

Buy Microsoft shares from 123.80.

Imelda Maseno
Analyst of «FreshForex» company
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