Mannheimiaa

MGROS, will there be an opportunity to buy?

Short
BIST:MGROS   MIGROS TICARET
Hello dear community,

As you can see from MACD, it started to cut from below through up which is a good sign for buy. Also RSI is around middle. So it is not overbought. I think this price will go up from 24,3 to 25 quickly which will bring profit around %2,5 to %3 in a short term. It should be kept in mind that there will also be a slight risk for correction before uptrend.

This is just my personal idea and I just wanted to share for your comments. It is not an investment advice.

Best Regards,

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.