There will be a war between channel blue and channel black!
First target is 115000 in a very short term. Then i am waitinig for a pull back, then target will be 128000 For stop, follow green trendline.
The stock price is moving in to rectangle zone. Prices are bouncing back from the rectangle top level, however reactions are always having a higher low levels. Moving average is above the resistance and already done a pull back. The rectangle area is 3.80 TL and the reference level is 12.37. Target level is 16.17 TL. StopLoss: 11.42 Potential profit per share=...
As previously stated two analysis . First on 22 April . The spill has been effective to 88,200 Level And also after the spill , as we have stated with the run away gaps t the downside. The second analysis of 12 JULY Turkish manipulators, if necessary conditions are not strongly distrubed, have the tendency to close those gaps. So expect to close...
Chart Patterns showing signs of weakness and potential topping formation. While as the announcement of the election, RSI and Momentum should be closely watched for any positive or negative divergence.