MOEX:YNDX   PLLC Yandex N.V.
Pattern 123. After the trend, we are forming a correction. To be precise, the waves (a) and (b) are formed. The (b) could be a little bit higher. Anyway, we can make a profit while forming (c). The entry point is point b of wave (b) (see the graph). TP is 61.8 % of wave (a), taken from wave (b) (see the graph). SL is the end of wave (b).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.