DmitryZZZ

How the Megafon will go

MOEX:MFON   None
Frankly speaking i dont see enough power fro that instrument to get breaktrhough.
It was long series of declining which as ended "probably" due to company started paying dividends

On W we have some kind of stop falling and has area of accumulation.
I see that peridocially volumes jumped but then immediately down being oppresed,

In positive scenario after accumulation smart money the price will go out of patter rectangle.
I bet on up because that telecommunication sector, which i expect will gather interests and shares with time - 5G technologies, gadgets etc.

In worst scenario it goes downward with basic trend and will be emerged by more advanced company.

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