Fomenka

Russian Market Long-term View

MOEX:RTSI   Indeks RTS
The Russian market picture is getting clearer with the latest abrupt decline. There is a chance that in the coming years we will see 400%+ growth. As to from when exactly and what stocks to buy - I will cover separately. Stay in touch.

Suffice to say that in an expanding triangle we could expect wave e to travel beyond the a-c-e trendline, hence the sell-off is not yet complete.

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