523232 NEWS why is Cont.petro price falling or rising

523232 NEWS reasons for why stock price of Cont.petro is falling or rising

523232 Cont Petro is falling or rising technical reasons

Technical analysis forecast for Cont Petro Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cont Petro 523232 at this time. Stock is falling and might fall more.

It appears as if Cont Petro 523232 gave a large move recently.

Stock of Cont Petro (523232) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Cont Petro is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cont Petro stays below 114.2, but if it comes above 114.2, then a intra day buy could be more profitable.
If you take a sell trade below 114.2, then use 114.2 as stoploss and 107.5 as target. However if you take a buy trade in Cont Petro, then use 114.2 as stoploss and 119.73 as target.

523232 Cont Petro is falling or rising NEWS fundamental reasons

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523232 Cont.petro current price & indicator signals