YNDXPattern 123. After the trend, we are forming a correction. To be precise, the waves (a) and (b) are formed. The (b) could be a little bit higher. Anyway, we can make a profit while forming (c). The entry point is point b of wave (b) (see the graph). TP is 61.8 % of wave (a), taken from wave (b) (see the graph). SL is the end of wave (b).
OGKB longOn the hourly chart, a triangle is formed for an upward breakout. The 0.559 level is very important. As soon as we gain a foothold, we will go further up. Pay attention to the stops you put based on your risk management.
It is not an individual investment recommendation! All cottages on the market!
Stop short squeezing Yandex, let it be.28.09.22
During the day volatility was proven to be unpredictable. Hamsters were opening shorts (as it appeared, the hit target for them was @1500) and bulls-insiders were short squeezing, not letting it fall.
There was no positive news on a political arena, nor an economic or even company related for this bull rally to be. Insanity. No. Reality.
In fact, the price did drop to the levels of @1675 and it did look like a signal for the continuation of bears dominating the game, but it did not turn out this way.
Right now #YNDX is testing Feb,2022 levels. The lowest it got was in the beginning of June reaching all the way to @1350. Thus, there is a potential for a +/-24% drop. Which I am betting my money on.
For coming days we can see it testing @1670ish. Before that the bulls might attempt to provide some more liquidity and if the pockets of the Hamsters are not deep enough, we might see the rally to @1900ish cause they will have to cover their shorts
Russian Gas monopolist is facing it's downfall?☝️What happened?
After taking decision not to pay dividents this year, Gazprom stock dropped almost 40% in the moment.
☝️Why they didn't pay dividents?
Also, prices on gas soared up high, company still decided that it needs spare money in case of unpredictable future problems. There is a theory that one of such problems could be complete stop of gas supply to europe that russian government can take in the near future.
☝️What's next?
From technical point of view we formed triangle and as volatility gets lower, it more likely that we will break it down and fall more.
I want to remind you that currently Gazprom doesn't supply gas to Europe as they are completing planned technical services until 22.07.
I expect further fall to the closest strong level at 160.00
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