📛 I'm pity those who bought Yandex yesterday 🟢🔵🔴🟡

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If you have done this, I will be glad to hear your reasons. For what?
Here is my answer why I didn't.
I didn't see any rational grain in Yandex's actions.
1/ Yandex had already built its own financial service - Yandex.Money, which, with minor modifications and rebranding, could be turned into a full-fledged banking service.
1.1. The purchase is being made on the eve of the acute phase of a gigantic economic crisis.
1.2.Yandex is able to sit out any crisis with its resources and pick up a half-dead bank for next to nothing. You just had to wait a few years.
2/ Tinkoff Bank will become a loss-making asset with a problem portfolio during the crisis. It will require additional investments and siphon money out of profitable Yandex businesses.
3/ Stock purchases are at their peak!
4/ Strong seller volumes are visible! Big Money leaving stocks!


Actual scenario!

Consolidation in corridor 55 - 70 at the end of 2020 - Q1 2021



Monthly scenario = triangle consolidation. Strong support at 60 USD.

Globally I look forward to consolidation. Renewal of historical highs is unlikely. Current status is neutral. The outlook is negative.

Catch levels to get out of paper!

١٦ أكتوبر ٢٠٢٠

ملاحظة

Where are your likes? :(((