Pandorra

SBERBANK OF RUSSIA - BUBBLE CRASH CONTINUATION (STEADY MODE)

Pandorra Updated   
MOEX:SBER   SBERBANK
* Sberbank of Russia (ordinary shares) trades below Weekly SMA(200) almost 1st time in past 5YRS.
* 95% of 10YR Trades Volume is near 110 or below.
* 99% of all-time Trades Volume is near 110 or below.
* Looking for further 35% decline.

Trade active:
Is on the way to key resistance (50% Fib retrace near Weekly SMA (200).
Next is 50% decline.

Euro-adjusted price


Basically, that is a continuation of the story that begun 2 years.
Just bigger volatility.
Comment:
The history repeats itself. "The first as tragedy, then as farce"
That is all about Covid.
Trade active:
Sberbank of Russia (ordinary shares and ADRs) is getting resisted near 5YR avg.

Comment:
Recover to Weekly SMA(200) / Fib 0.5
Attempt #2

Trade active:
CONTINUATION//

Covid.. Sanctions.. Or smth else..
Does it really matter , that is the question.

Trade active:
Is on the way

Sberbank, EUR hegded

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