alicanb

SMRTG bounced from its trend from June 2022

Long
BIST:SMRTG   SMART GUNES ENERJISI TEK.
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 rectangle at the top, i'm a seller.

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