DSKY - short trend & level retestDSKY - good idea for long:
1. Retest of previous short trend (weekly timeframe)
2. Alltime level retest (weekly timeframe)
3. Break of current short trend (hour timeframe)
Profit / risk:
- take at 101 at 50% Fibonacci level (18.6%)
- stop at 82.9 below previous candles shadows (2.6%)
Russian Equities are at the stormI believe today is the right time to open shorts. There are high possibility that market gonna go down.
So why do I pick government-supported company that produce gas to go short? The answer is that it only seems to be immortal. The government gonna support it indeed.
But what about dividends? Overall economic situation in Russia? And finally what is about demand for energy sources in near-term future?
If you have some glue of uncertainty about this questions we are at the same boat.
moex, week bar1 two weeks ago a pin bar was formed, with good volume, where the seller showed his strength.
2 last week and this week is a test with declining volumes, which confirms tthe buyer's weakness.
3 If the current week does not update the maximum, it possible to open a medium-term short position.
IMPORTANT TO WAIT FOR BREAK - GAZP GAZPROM - 30 MN - MY IDEAThank you for your likes! Really appreciated! Please also share to benefit as many people as possible!
_________________________________________________________________
GAZP GAZPROM price is ranging after a long run down and some consolidation, finding a balance now.
The trend can change if the market evolve out of the boundaries illustrated by the two parallel blue lines acting as natural support and resistance.
If you are already in the spot, taking small profit to get out and waiting a better opportunity would be in line with the probability of seeing the market breaking the lines and creating a chance to understand in which direction you should invest.
WAITING FOR BREAK!
SBER bullish signal to watch .For now It seems that SBERBANK might be heading towards the 190-193 area to bounce up from there but as long as it doesn't close considerably below the red line , MOEX:SBER is very likely to go upwards to around the 238 IF it breaks the green line at around 206 considerably and closes above it . I think it's a key area to watch for people willing to buy .One of the early signs indicating a strong probabily that we will break above the 206 area would be a strong break of the 200 mark and a closing of the market considerably above the 200 .I would say it would be wise right now to HOLD MOEX:SBER until further notice .