TomProTrader

#YNDX(Yandex) Bears Losing Steam, Bull Opportunity Rally!

Long
NASDAQ:YNDX   Yandex N.V.
4
Traders,

Accumulation/rounded bottom after breaking long term sideways resistance into the lows. Price hit Fibonacci extension breakout measure move, therefore providing a buy opportunity. It's clear that the bulls acknowledged this
level as there is strong accumulation at the level providing a great opportunity for a rally next week.
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