- short run trend shows strong 110,000 resistance. - long run shows retreat to 85,000-90,000 level.
after run more than 2 month at symetrical parallel channel up, BIST:XU100 break up at july'11 and trigger correction pattern. We see some rejection with spinning top at resistance trendline to push back BIST 100 at main channel support around 106660.82 Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading...
Overlay. Here @ 3 $ resistance zone.. When we look it 2 years resistance.. Turkish lira based stock index weekly macd, rsi overbought and macd @ record levels.. But price is always important than indicators. Good Luck...
When i look monthly bollinger rally is over bolinger bands. Strong rally when broke the triangle.. There are 2 situations here. 1. When we look turkish etf TUR it is still nearly half price like usd based stock index. Turkish lira crashed 1.8 to 3.60 %100 crashed. So stock index still cheap for usd based price. 2. When i look the tl triangle price action nearly...
XU100 (BIST100) Hi Guys, Read very carefully until the end of this post!!! Stock market analysis is always complicated according to foreign exchange market analysis. Because the values that make up fundamental consist of much more data and estimates. This increases uncertainty. So my stock analysis is based on multiple scenarios in a much longer period and I...
Once wedge's break out confirmed might cause an intense drop on usd based chart of XU100 (BIST100) such as 10%
500/1500 points correction before new up trend to 103.3k & hopefully in the long term 111k.
XU-100 Bist-100 Turkish Market. Daily Plan BIST:XU100
1000 points correction before new up trend to 96k & 99k.
Xu100 passed major resistance @trader_dr on twitter
XU100 Hi Guys, Read very carefully until the end of this post!!! The stock market analysis is always complicated according to foreign exchange market analysis. Because the values that make up fundamental consist of much more data and estimates. This increases uncertainty. So my stock analysis is based on multiple scenarios in a much longer period and I...