Sberbank continues recovery. Before the dividend cutoff, given the same dividends, I expect growth. After the cutoff, the uncertainty will either go below 203, or will quickly close the gap and go up. I am more inclined towards the middle variant - conolidation around 203-206, and then upward.
if it is triangle and if it is wave TWO the third wave will be dramatic plunge.
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...
* Sberbank of Russia (ordinary shares) trades below Weekly SMA(200) almost 1st time in past 5YRS. * 95% of 10YR Trades Volume is near 110 or below. * 99% of all-time Trades Volume is near 110 or below. * Looking for further 35% decline.
Price time levels based on Gann square of 9
#1 mid-term trade should enter a long from current levels with a stop loss at 230 and a take profit about 250; #2 mid-term trade — short from 228 with a stop loss at 233 and a take profit about 205;
There is great probability that SBERBANK'S SHARES are forming triangle now.
According to Eliot Analysis Sberbank ordinary shares are completing the third wave included in last fifth wave of higher order.
Last recommendation for MOEX:SBER worked at 100% (see below description), below is a new idea. What do we have? 1. Broke up the line of price resistance, which was established in January 2018 (the red line) 2. Came up from the consolidating price triangle. (green triangle) 3. We pushed off the price support line formed in 2015(green line) Conclusion: In...
Following on US sanctions Sberbank shares are slipping towards Jan 17 lows. It seems preferable to wait for better times
3rd arcs pair and bottom of square of down setup providing solid support.
Prediction generated by our neural network Predictron Computer