2021-2025 MOEX:IMOEX MOEX Russia Index price forecast, Buy, Target 5231 (+63.47%)

MOEX Russia Index (MOEX: IMOEX)
Trade : Buy
Entry : 3200
Target : 5231 (2031, +63.47%)
Stop : 2738 (-462, -14.44%)
Posted on Sunday, December 20, 2020

Note : IMOEX, Russian stock market index, has broken out the high in January this year. It is expected to rise very higher. If the prediction is right, resistances (targets) would be 3675, 4562 and 5231. Supports (stop) could be 2738.

We need to be interested in the Chinese and Russian stock markets, whether we invest there or not. Because, in the future, the Chinese and Russian stock markets are expected to lead the global stock market. Where is the world's money going to? In my opinion, they would be China, Russia, Iran, Brazil, etc.

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