Aeroflot stock analysis 16.11.2020

Aeroflot stock returns to the upside after it managed to breach the resistance 68.30 in an attempt to end the bearish path and return to the upside again.

The price is moving above the moving averages 507-20- after it was able to breach it by the end of last week, which is moving near the support level 68.31 and pressures the price to continue rising.

The stochastic oscillator is moving within a sideways path in the overbought area, thus it tries to pressure the price to continue to rise

General trajectory of movement: a downward trajectory