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GAZPROM OAO (LSE) - Equity Service
​In our last update of October ’15, two scenarios depicted the final stages of declines for Gazprom with downside targets to either 3.44+/- or lower, to 2.98+/-. As it turned out, prices continued to decline to the lower of the two scenarios with levels touching 2.89 in mid-January this year (2016). According to WaveTrack's calculations this would allow a multi-year recovery to begin.
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