Ozon stock quotes continue to move within the growth and ascending channel. At the time of the forecast publication, the price of Ozon shares is 4086. Moving averages indicate a bullish trend. Prices have broken through the areas between the signal lines upwards, which indicates pressure from buyers and a likely continuation of price growth from current levels. At the moment, we should expect an attempt at correction and a test of the support level near the 3875 area. From where we should consider an upward rebound and continued growth in the value and price of Ozon shares with a target above the 4765 level.
Ozon shares forecast for April 22-26, 2024
An additional signal in favor of growth in Ozon stock quotes will be a test of the support line on the relative strength indicator. The second signal will be a rebound from the lower boundary of the bullish channel. The cancellation of the growth option for Ozon shares this trading week will be a fall and a breakout of the 3675 level. This will indicate a breakout of the lower boundary of the bullish channel and a continuation of the fall with a target below the 3245 level. Confirmation of the growth in Ozon quotes should be expected with a breakout of the resistance area and closing above the 4245 level.
Thus, the Ozon shares forecast for April 22-26, 2024 suggests an attempt to test the support area near the level of 3875. Further, the continuation of the growth of Ozon quotes with a target above the level of 4765. The cancellation of the option of raising the price of Ozon shares in the current trading week will be a fall and a breakout of the level of 3675. This will indicate a breakout of the lower boundary of the bul
