Sberbank of Russia Sberbank of Russia
- large degree wavecount
- Abc correction in 3 wave painting itself nicely
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SBER trade ideas
Expecting correction up and then one more impulse down Wave analysis. Expectation to go up and then one more impulse down. Thereafter, entrance to new paradigma
SBERBANK - ON THE WAY TO 220Last 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 view of the above factors, most likely, the price of Sberbank shares will go up to the level of 220 rubles. (at this level, the previous support line and the zone of price exit from the wide part of the triangle were designated).
Trade recommendation:
Buy shares MOEX:SBER on the market and sell at the level of 220 rubles. (10% profit). Stop loss at 189 rubles (5.45% loss).
RUS SBERBANK: Waiting for better time.Following on US sanctions Sberbank shares are slipping towards Jan 17 lows. It seems preferable to wait for better times
Possible $SBERBANK short scenarioPossible SBERBANK short scenario from next week (11.11) and ~210 level till April 2019 and ~113 level
Looks like shorting SBER here is a bad idea3rd arcs pair and bottom of square of down setup providing solid support.
SBER - 1 year chartSeptember 2018 -> June 2019 might be new growth cycle.
Stops below 170, not target, just HOLD till June 2019
SBER - To The Bottoooom!I see this wave structure. Fundamentally, in confirmation of the development of such a scenario, disappointing news about new sanctions against the Russian Federation is coming out. I have only one question - where we will fall. I'm more disposed to the "blue" level. It will be necessary to look at the internal structure and partially fix on the levels.
Sberbank - Not so simpleSince 2015, Sberbank is in an upward trend. I already met ideas about the end of this trend and going to correction. However I do not agree with them. According to the wave theory, I can not finish the wave 5. And therefore we will continue to move up after a small correction. The end of it I see within the zone 240-246 rubles (allocated in green). Breakdown of the green zone down will mean a complicated wave design "C of 4". In this case, you should wait for the zone to reach 225 rubles (the red arrow on the chart). A quite ghostly variant (red dotted line) is from the current levels to go up and complicate the design. I stick to the "green" version, I will look for purchases there, but go after a clear impulse. I expect a goal of 300 rubles and above.
Sberbank - idea for septemberI wait for retest. I'll buy now or later depending on the result of this retest. Level might hold retest - then go long. Level might fail - then wait for the price to reach lower edge of ascendant channel and look for bullinh signals there.
The Big Short - Sberbank part 4pretty good zone for adding short positions (160-162)
Last time near 137 we closed some short positions
