Simply get out from the Turkish stock market on the next up...
All of the stocks on the market will have min %50-%70 correction.
Don't fall into the trap of manipulators. Unempleyement will go up . Companies will have to pay their depts... 💩 news are loading. Buckle up.
I will update the idea as it hit the bottom.
This is not a financial advice do your...
300 dollars is an important physchological resistance. If BIST:XU100 does not able to break, i marked the retrace zone. The situation is bullish now.
NOT FINANCIAL ADVICE.
+ #bistendeks is now testing the vertical strong resistance region.
+ stoch is exhausted.
+ Due to macro, this correction must not be over yet.
I may be wrong , we' ll see incoming days.
NOT FINANCIAL ADVICE.
Nearly a month ago i published ideas about #borsaistanbul and said the #xuindex was looking terrible. Search my ideas and find them. The correction is going on perfectly and now a leg is processing : the bearish retest and (if succeeds) confirmation of bearish shoulder head pattern. If this confirmation comes , the correction may target 6800 levels. The war is...
The correction we were waiting for came and BIST100 dropped to 7800 liras. With the subsequent rise, the index tested the moving average again, but as we expected, it was rejected and fell below the 8000 level again. Here, we think that the index will decline to 7500 lira levels, especially if it cannot hold on to the 7900 lira support. We do not think that the...
I have detected that BIST price has been moving according to the fibonacci retracement for several months. Let me explain the whole strategy of the fibonacci retracement and how the price adapts, in order.
BIST index is in a continuous downtrend from 9 March to 3 April. At the end of this downtrend (4712), I drew the Fibonacci retracement, which I received...
Buying around current levels to target somewhere around the 40TRY mark should yield an easy 10% it is currently at a very important and a very strong support level and depeding on how the XU100 performs it can give us an easy 10%
XU100 has two pick formations and it may fall by 10 percent.
It is not an investment suggestion. Please be carefully with your decision.
BIST100 çift tepe formasyonu yaptı ve desteğe kadar geri çekilebilir.
Yatırım tavsiyesi değildir. Lütfen kararlarınızı kendi değerlendirmelerinize göre dikkatlice alın.
You can see the flag formation so target can increase about flag pole. If formation works, target is aprrx. equal to 4.03 TL.
resistances : 2.75 - 3.00 - 3.30
supports : 2.46 - 2.28 - 1.93
