#pnsut is ready for take off as most of the indicators signal for the upwards move. This week seems to be #pnsut's week!
Critical support and resistance levels indicated in the graph for XU100.
3.13 could serve as a support, while 3.58 is a resistance up ahead. The channel in which the common stock trades does not provide an attractive risk/reward ratio for now. An optimistic bull case would be 3.97, purely from a technical basis.
The equity sold off considerable in recent weeks as shares are trading for 9.36 TRL as of today, 11.05 and 12.50 TRL are the next resistance points ahead, while the 8.02 TRL price level could serve as a support level for the equity.
Breaking above 2.14 would imply a breakout to 2.20 to 2.36 on the upside. simple patterns are the best, without getting things too complex, we are relying on simplicity to guide us through the day. Manage your risk wisely, this is not investment advice.
A pennant has formed in the 15-minute chart. Banking overall has lagged the aggregate market and non-domestic ownership is low comparing historically. Not investment advice.
If the equity continues to trade above its 20-day moving average, then there ought to be a case for the upside. We are observing higher lows in the past few weeks and breaking above 14.33 TRL could push the equity higher. The moving average can serve as the stop for those contemplating the common equity. Views are of my own, does not constitute investment advice.
HALKB has broke out a pennant in the recent past the equity pushed up to 7.50 TRL before the pandemic hit, and now we are at an oversold point where our Fisher Transform indicator is giving us support for our upside conviction. Trading at around 5.40 TRL, the equity could push up to 6.00 TRL if a breakout is confirmed again in the second pennant that has formed.
Fib 0.618 seviyesine ulaştı. Bir duraklama ve geri çekilme olabilir. Hisse alışlarında temkinli olmakta fayda var.
Not a clear signal from Fisher, but uptrend dating back to .60 a share is still in process, the equity is near pre-pandemic price figures.
Fisher showing that a retracement is possible, while the equity has bullish momentum that is ongoing. A golden cross among moving averages confirms upside momentum in the interim.
Entry TRY 88.50 S/L. TRY 83.90 TP1 TRY 92.10 TP2. TRY 96.15 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Were keeping it simple and looking for reliable breakout patterns in AEFES. The takeaway here is that false breakouts happen as it did before for AEFES. I am long AEFES, this is my opinion, not investment advice. I am not responsible for your investment and trading decisions.