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alicanb
Apr 9, 2023 12:55 AM

SMRTG bounced from its trend from June 2022 Long

SMART GUNES ENERJISI TEK.BIST

Description

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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