What do we have?
1. The price of
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 RUB per share.
2. Goal 13960 is confirmed by the next expansion of the flag in which the stock is traded since October 2017 (according to the rules of technical analysis, the exit from the flag is equal to its height).
Recommendation:
1. Put an alert at 11950 rubles., when the price reach this level important to foothold by the daily candle and then get up in the long and take your profit at 13960 rubles. (About 16% profit).
2. If we reaching 12000 RUB. and the rollback to the area of 11500 rubles, up in shorts to RUB 10715 level (since the price will continue to move in the flag).
1. The price of
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 RUB per share.
2. Goal 13960 is confirmed by the next expansion of the flag in which the stock is traded since October 2017 (according to the rules of technical analysis, the exit from the flag is equal to its height).
Recommendation:
1. Put an alert at 11950 rubles., when the price reach this level important to foothold by the daily candle and then get up in the long and take your profit at 13960 rubles. (About 16% profit).
2. If we reaching 12000 RUB. and the rollback to the area of 11500 rubles, up in shorts to RUB 10715 level (since the price will continue to move in the flag).
Handel aktiv:
After we reached alert on 11950 RUB we saw skyrocket in price. Our goal 13960 is still actual. Keep your eye on chart and be patient.
Trade stängt: målet nått:
Enjoy your profit