Long Idea for Sberbank (Gap close)

3 Eki 2020

This is a long setup for Sberbank which has dropped to 206RUB per share level after dividend date. It's uncertain how soon the gap will be closed, but with the price breaking an ascending triangle, volumes decreasing on the pattern formation and RSI being in oversold area, we can open a long position from current levels.
TP1 is around 215-216, TP2 is around 224-225, these levels served as support and resistance in September.

10 Kas 2020

İşlem kapandı: hedefe ulaştı

Price has closed the gap more than one month later.