ekgencsoy

ekgencsoy

The price is moving within the long term channel from 2022. Now the price is below both Kaufman and MA(50). We have seen a positive action in MACD but not confirmed by RSI yet. If fails, surging towards 105-100 is vey likely.

ekgencsoy

Price reached to a critical fib level, upside trend started in March is valid until we see a break below 245.5 or Kaufman MA. If price surge below support then 230-217 are most likely targets. I dont expect a trend change but a short correction, support from MA(50) may be good for the higher targets.

ekgencsoy

Price is moving within the Oct/2023 channel. Upper trend started from Mar/2024 has been broken and re-tested in May/2024. I believe that this short term correction will be completed between 301.5 and 308.5 where we have 50 days MA as well, if Kaufman MA support is broken. Target is the upper boundary of Reg.Trend.

ekgencsoy

After the marked correction area, we have seen an impulse and short term correction at the beginning of 2024. Trend moved in the main channel till now, expect to break the main channel and follow the 3rd wave impulsive channel toward the target 3 which is most likely fib target, if trend continues and no divergence seen, higher target area is also marked.

ekgencsoy

312.08 is a critical value. Below that line we have 3 support zones. Expect to see price moving south towards the bottom border of long term support line. Moving to south is expected to be followed by a long term north migration, after july 2024.

ekgencsoy

Longterm downstream trend is in progress, a shortterm up trend has been broken and re-tested, expect to see a test towards 857 till the mid of May 2024.

ekgencsoy

Awaiting the breakout of the trend started from Nov 2023, expect to see three targets if breakout occurs.

ekgencsoy

BIST100 (XU100) is in correction mode with a WXY correction. Expect to see a short term increase to form Y leg and then two targets are marked at the bottom side.

ekgencsoy

ASELSAN is moving in a channel, expect to see green support area (47.62 to 49.98) within 3rd week of April.

ekgencsoy

Current correction from 03 Oct high till today, forms an abc (5-3-5) wave ending with two probable ending points. Expect to see a returning point between those two lines.

ekgencsoy

A nice rally to north strating from 200 towards 257, breaking downward trend. However divergence on RSI however to confirmed yet. 50 days MA has cut below 100 days MA. Price is approaching to 262-265 resistance area, expect to see a correction towards 229 support, despite huge new orders to AIRBUS. Agreement has not been sealed yet and buying those planes are...

ekgencsoy Updated 

Expect to see a correction (ABC) with a final leg ending around 1886.

ekgencsoy

Expect to see more movement to south before turning direction to north.

ekgencsoy

Expect to see a little more correction down marked area.

ekgencsoy

Expect to see two possible targets at the south and then a sharp move to the north. Trend to be followed on previous thyao idea which is linked below.

ekgencsoy

ENKAI2! It's moving within the channel, and I expect it to turn from the marked area at the channel's bottom and move towards the upper band above

ekgencsoy

"Three zones have been identified in the PGSUS December contract. It appears that we are currently experiencing an ABC correction phase, which began on August 15, 2023. It is anticipated that this correction, constituting the 4th wave in the ABC pattern, will soon conclude. Caution is advised, as a return to the initial impulsive 5th wave may follow."

ekgencsoy

Two expected return zones are marked for THYAO, short term target is TARGET 1, two mid-term targets are TARGET 2 and 3. TARGET 3 has the lowest probability.