Magnit might show small increase in short-term (Long position)According to Moving averages convirgence/divergence growth, RSI ~50% , ATR and Manit historic data of these indicators we expect increase by ~2.5 - 3% stock prices increase in next 7-10 days
QIWI price reached at strong resistance levelQIWI price reached at strong weekly resistance level. wait for breakout. I also watching this one .
#Mechel is getting closer to the bottomIs it a 2nd wave in a long 3rd one?
Mechel is getting closer to the bottom. Quotes have already fallen to the level of 2016.
Transneft goes downTransneft goes down till 150000. Price can oscillate in very big range. So SL you can put at 172960 or don't put it at all. Short at market open hour and hold till 150000.
Alrosa near the bounceAlrosa been showing bad results for the whole 2019 year. Went below previous lows and now going deeper. Support at 69.5 bounced the price, and at day timeframe it looks nicely oversold and ready to bounce. But at week timeframe the situation is still dramatic. If current 70 SR won't stop the price, next support that has potential to stop the fall is at 64. In any case these stocks will have to recover for some time, before any kind of uptrend may appear.
Sberbank fallingSberbank shares have nice support starting from 200 and down to 187. After that there will be a gap till 174.
Yandex retracementYandex shares lose in value and falling down to 2200-2100. There will be a good support, but not a fact it will hold, although overall trend is bullish. Minor possibility price will find support at 2300, but it has less volume and interest.
Shorting NovatekWhile I am still long LKOH (although I have doubts about its potential) and RIG I see mounting evidence that NVTK is topping. On all timeframes, there is a visible EW count.
Very compelling price action on 4H and D charts. If it stays where it is or goes down by the end of the week there will be a confirmation on W chart as well.
WHY: compelling PA (bars), clear EW count, divergence on indicators
Risk: 0.2% of total portfolio
Exit strategy: 50% when reaching 1/1 profit to risk ratio, the latter when retracing 0.382 of the previous high.
Duration: 6-10 months
SBERP buy - $SBERPSBERP buy
goal 1: 200
goal 2: 204
goal 3: 208
goal 4: 212
goal 5: 216
goal 6: 220 (try)
