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=...
After Strong sell off wave in Istanbul Stock Exchange,Krdmd finally managed to gain strength again..Along with Bollinger Band Squeeze formation,Krdmd closed above BB upper band ...This may be good news for the Bulls On the other hand ,Stock closed above TL/2.01-2.18 rectangle area...That's the second positive technical formation...If it moves up as...
4H chart indicates a confirmed move to north pole. A channel has been forming since one month and it is worth to watch out how it will evolve.
Failed Inverted Head&Shoulders following Head&Shoulders with Double Top. Next Bounce at Potential Double Bottom. Setup on chart.
Plunge on Turkish stock market has not stopped yet. The potential reversal point 81.*** - 80.*** range. Those levels potentially can be considered as a trend support level!
Buradaki trend cizgisi benim icin onem arz etmektedir .
Very critical points for the BIST100