MOEX:VKCO   VK International Public JS Com
The wave structure of the impulse indicates the likelihood of a corrective wave 4. If the price doesn't hold above the levels of moving averages, the first target for correction could be the level at 681. The final target for wave 4 is anticipated around 640. It's also worth considering the possibility of the corrective wave 4 forming as a triangle. The scenario is invalidated if the price reaches the level of 738.

For the first target at 681:

Profitability: 6.07%, risk: 1.79%. Risk/reward ratio: 3.39.
For the ultimate target at 640:

Profitability: 11.72%, risk: 1.79%. Risk/reward ratio: 6.55.
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.