alicanb

alicanb

ODAS is abiding the parallel channels since April 2022. Two levels are given according to the price action. You can swing trade between the red intervals if it gives an opportunity.

alicanb

BIST100 Major and minor channels. Log-graph. - Orange channel is there since 1998. - Purple channel is where we are surfing since Oct 2021. As long as we are above 5075, we are at the upper half of this channel, which is bullish. - April 21 or 24 is an important date, where we have overlapping channels, one is descending and the other is ascending. If we are...

alicanb

SMRTG's trend fron July 2022 acted as a support for it in the last week. It's a decent growth company that is, well, a bit overpriced in terms of the fundamental ratios as of now. However, i think we will see a price movement towards 93 TL from here. The strategy is simple. - Each time it touches the blue trend line, I'm a buyer, - Each time it touches the red...

alicanb

ISGSY's Q4 2022 report was looking great. However, due to the earthquake and the political climate being on the edge, not a lot of Q4 earnings are actually priced in. #BIST100 has been fluctuating for the last 3 months. ISGSY is, i think, preparing it move towards 18.30 TL. If it ever goes down towards 12.30 TL levels (rectangle shown in red), I will allocate a...

alicanb

DEVA hit its bottom of the channel the last Tuesday. So this analysis is 3 days too late to be honest. However, it is still looking great and the Risk Profit Ratio is pretty decent still. Under 35.00 TL is risky, but other than that, I would accumulate DEVA in the upcoming week. There is a chance that it will re-try the bottom of the channel and get its...

alicanb Updated 

I think it's time to accumulate EREGL as long as the price is between 33.00 - 36.00 TL. It is already oversold due to Arcelor Mittal batch-selling. Two levels that are important are indicated in the chart, both of them are as a result of simple Price Action, and will most probably act as resistances. FEF1! is not bad either, which will support EREGL's quarterly...

alicanb

Attention 200MA in the hourly chart, which is around 5396, is now a resistance (previously it was a support!) Red Channel Now focus on the red channel: On Jan 5 and Jan 6, its highs and lows are formed respectively. And today, on Jan 9, we saw that the top of the channel is verified at the start of the day. Looks like we will be in this bear channel for a...

alicanb Updated 

Wyckoff Accumulation could be on its Phase C or D for ARDYZ.