VTB stock surged following the promise of high dividends (50% of profits). Now they’re in decline caused by the overall drop of the entire stock market. Probably the downward movement is only a correction.
The general movement is upward. Breaking the pivot level of 0.0416 will result in the formation of an upward pattern 123.
Buy above 0.04160 (on the upward pattern 123 formation).
Stop Loss – 0.04040.
Target levels – 0.04328; 0.04480.