Does this suggest War will go end? A multi-year triangle gives us a clue. Triangles are one of the most recognizable patterns in the Elliott Wave Principle. As with all wave patterns, they occur at every time scale and the large-degree triangles are especially interesting because they often contain a notable socionomic element. Large-degree triangles in...
Important restrictions as Moscow's Exchange reopens 4 hours a day: - Short-selling banned - Selling of shares banned for foreign investors - Only 33 stocks available for trading After being halted for 1 month, the Russian market reopens with important restrictions. Also, many institutional brokers from the EU and other NATO countries banned trading on Russian...
This Chart Suggests That China Will Help Russia A negative mood in China could be reaching an extreme. Reports over the weekend are stating that Russia has asked China for military and economic assistance as its invasion of Ukraine gets bogged down. A new Sino-Russia friendship pact was formed just before Russia launched its assault, with Putin and Xi Jinping...
Russian stocks fall amid growing tensions in Russian-Ukrainian relations. Moscow Exchange Index ( MOEX , RUB) is short-term oversold and trying to bounce off support area 2850-2900. There is no divergence on MACD , so we view current decline as a correction, but not reversal. We expect recovery of MOEX Index by 40-50% within 2-4 months.
Hi everyone posted how i see potential development of LUKOIL stock price
The Russian stock market has crossed above its long term (since 2008) long term bearish pattern this March and is currently aiming at the 1,340 1W Resistance. There is potential that the former Lower High trend line will turn into support now. Our long term target on this market is 1,500. ** If you like our free content follow our profile...