In this analysis, I have used exponential moving averages, parabolic sar and RSI
- We are at the descending triangle zone for BIMAS, therefore we need a downtrend break confirmation for seeing higher prices.
- Parabolic sar didn't confirm any rise at the prices.
- We should be above 20 days ema.
- There is no breakout regarding RSI.
ADVISE : NO...
TRIANGLE IS READY - BUT A NEW DEEP WAVE IS POSSIBLE FOR INDEXES, SO BE CAREFUL!
I wish you good profit!
- The index, stock, commodity, etc. I share here should not mean that I personally take a position.
- It is important that my shares are not interpreted as buy-hold-sell advice in any way.
-Please process according to your own risk...
BIMAS is on the way 54.26 T L BIST:BIMAS rising trend started and approved
Target : 54.26 TL
Stop loss : can be placed at 44.12 TL
(it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions and comments contained in this...
BIM Birlesik Magazalar AS engages in operating a chain of retail stores. It offers food items and consumer goods. The company was founded by Mustafa Latif Topbas on May 31, 1995 and is headquartered in Istanbul, Turkey.