Krackenhead

Ecosystem xbet

Long
Krackenhead Updated   
MOEX:YNDX   PLLC Yandex N.V.
Yandex N.V., an internet and technology company, provides internet search engine in Russia and internationally. In line with internet shopping, delivery services, taxi, etc. Recently company's revenue has started sharp rise.

My personal opinion is that since 2020 yandex has become leading ecosystem in Russia and neighbour countries that speak Russian. It provide better search quality and review algorithm for restaurants than TripAdvisor. Better maps then Google. Good marketplace. Better translator than google if use RUS/... . Integrated in ecosystem taxi services with internal bonus system that can be used to pay on Marketplace or to buy YANDEX+ subscription.

The closest rivals are Ozon in marketplace business and Sberbank as large ecosystem with similar services.
While Ozon has great revenue loses for few quarters in a row Sberbank is state-owned enterprise with almost no experience in competitive fields.
Comment:
This weak is 4/5 bearish. Candel shape is extreme bearish. The price had no reaction on 50EMA. Volume is rising. On the other hand, there is slow down in falling speed (-5.2% compared to -9.85% last week).

I wish there is no gap next week below SL - 4995.
The other buy levels are:
- 4410
- 4110
- EMA 200
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