Aeroflot Analysis 17.04.2019

There is no new movement in Aeroflot as the stock continues to move within the side track between the 95.78 support and the 99.94 resistance within the sideways movement.

The price is currently among the moving averages that are moving around the price and are pressuring it to land.

The SMA 50 continues to move above the price forming strong resistance to it.

Stochastic in a bullish direction and reached the saturation area of the purchase.

Therefore the indicators give conflicting signals for the movement so we commit to neutrality.

The general direction of movement is neutral.