omurden

Time to short?

Short
BIST:PETKM   PETKIM
- RSI saw below 40 in previous weeks, this is a bearish signal for me.

- It's under 200 EMA , tried 2 times but cannot break it.

- It break the triangle.

This is a perfect bearish setup.
Let's see how it'll open this week, then target will be 0.90

For stop, you can follow 200 EMA for weekly close.
Trade closed: stop reached

Comments

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