The long term resistance and support zones has worked many times so far, if the ongoing war doesn`t make a huge impact, I believe it should be the point we return back to test the resistance level in the short term.
In case the large competitors like Emirates and Qatar Airways get affected from the war for a longer period, well then Istanbul as the transit hub is going to be much more valuable and in this scenario we should be seeing the 'long term target' sooner than expected. Of course, if Turkey stays out of the war that is.
Not a financial advise!!!
Not a financial advise!!!
In case the large competitors like Emirates and Qatar Airways get affected from the war for a longer period, well then Istanbul as the transit hub is going to be much more valuable and in this scenario we should be seeing the 'long term target' sooner than expected. Of course, if Turkey stays out of the war that is.
Not a financial advise!!!
Not a financial advise!!!
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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.