Nightmare before Christmas for Turkish Banks (Stocks)The price has broken below the triangle support line. It seems to be early for a long position. Support and resistance zones are on the chart.by vgoktas0
XBANK Up or Down?I follow these Fibo levels with BIST:XBANK looks like it is working perfectly until now. there are two critical levels to secure continuing uptrend. 50day MA is working well as a support and resistance. In case the index flexes below 50day MA, Fibo 0.618 looks like a proper support level. I wouldLongby InDeVijver0
Cycles of the Turkish EconomyIn the traditional Turkish calendar, there are only 2 zodiac animals. Next year seems to be bull.Longby ilyastUpdated 0
XBANK IS LOOKING GOOD, LOOKING REAL GOOD. XBANK "the banking index" is the vanguard of Turkish Stock Market and there seems to be good news according to some technical analysis rules. Additionally, Inflation rate in the country seems to be at the highest or just below the highest level that the country could ever reach.- which is one of theby vgoktasUpdated 0
Well, there are good things as well as bad thingsWell, there are good things as well as bad things. Better keep an eye on the stop loss level.by vgoktas0
XBANK Contradiction between Price and MomentumXBANK closed below 1365 (EMA250D). We need to see two more closing below 1365 to say its broken. Momentum contradicts and RSI is at oversold. What does all mean? There is still good chance that XBANK will keep above 1365. And if it does we’ll talk about trade. Keep calm.by oguztur1
XBANK EMA-250D @ 1365Another way to look XBANK support is EMA-250D, which is 1365. Why should that work? Because we are at month closing. Like january XBANK may be oversold for 2-3 days. Thats a possible option as well. by oguztur1
XBANK 1265 SupportI don’t trade XBANK anyway I cannot forget that its very strong indicator for XU030. We may talk about head and shoulders formation etc. Not the time. Question : where is the support? My answer is 1265. Now days to stay calm !!!by oguztur111
XUBANK/XU30DownTrend goes on more than 10 years. But I expect a rebound from that levelsby gorkemgungor0