Hey people, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. MCC NORILSK NICKEL ends with a strong bullish signal, buyers should come back in force.
Please LIKE & FOLLOW, thank you!
What do we have?
1. The price of MOEX:GMKN is at the upper limits of the maximum of 12,000 rubles.
2. The indicators feel calm, RSI is coming to the top mark.
3. In General, the chart looks very bullish since 2008.
Conclusion:
1. Breaking through the 12,000 level the price is likely to go up to the Fibonacci extension of 161.8, which corresponds to 13960...
According to the schedule the termination of a wave of correction ABC, also from the current levels - very interesting miracles. profitability.
On fundamental indicators a strong ticker, the leader in sector.
EFFICIENCY — over positively
The FORECAST — over positively
EPV (earning profit value) – is negative
COST of BREND — it is moderately negative
INDEXES – it...
