We break 11 Month golden trend-line resistance with good Volume,short and long Trend Band signal Long,target 17% and trailing with red trend-line.
not finance advice
strong positive corelation between eregl stock in USD and some iron- steel indexes has turned to negative in the middle of april which might be indicator of potential of of eregl
I think it's time to accumulate EREGL as long as the price is between 33.00 - 36.00 TL. It is already oversold due to Arcelor Mittal batch-selling.
Two levels that are important are indicated in the chart, both of them are as a result of simple Price Action, and will most probably act as resistances.
FEF1! is not bad either, which will support EREGL's quarterly...
BIST:EREGL
First of all, My analysis method consists of Fundamental and Technical evaluations, which I think the best way to find out where the stock supposed to be going. Therefore, I made an analysis of BIST:EREGL for foreign investors who believes in the company that they invest in applying long term investment plans. Although Turkey has some political...
Note to Self: If the price manages to break above the blue line and stay above the line there is a huge potential in long term. (Follow up for news regarding a bonus issue.)
