Following daily chart. There is a H&S formation which got a confirmation yesterday. TP1 around 58-60 which is 200 EMA TP2 - if it breaks EMA 200, then expecting 47.45 as formation target. SL 78
harmonic ab=cd formation keep it low high risk trade
There is a very chance that there will be a bullish engulfing candle and the underlying market will pump +%7-9 in 15th of February.
The BIST100 index recently experienced a trendline break, failing to reach the previous trendline and forming a lower angle trendline. This new trendline is showing signs of weakness, as evidenced by the formation of a double top pattern. Given these indicators, it is likely that the BIST100 will experience another trendline break, potentially leading to a...
Price action has recently moved up from the lower bound of the chart, however, given the current apprehensive sentiment among retail investors and the impending elections, it is unlikely that we will reach the upper bound of the chart in the near future. 15m chart:
A bounce from the middle thich green line like the last few times it has done would signal a major continuation of the rally like September, if we are really going to get levels like 8000-10000 we really shouldn't break this structure and trend and i believe we won't.
It was a significant drop in price today, however, there is a demand zone that may provide some support. While it is uncertain if this level will hold, it is possible that we may see a small rally at this point. It is important to closely monitor the price action and volume at this demand zone to gauge the strength of the support.
that one is textbook rising wedge! that means dump is coming. prepare ur parachute. guy with printer gonna stop
THY have a huge bearish divergence. I think it will hit around 16-18 Turkish Lira. Cycle is done, it has to retrace to gain power to another bull-run.
Hi there, INFO has done with elliot waves with exactly FIB numbers, and needs a correction I think the correction will end approx. 4 TL
BIST is overbought on daily, weekly, and monthly charts. Who would've guessed that superinflation would be good or a stock market? LOL.
this is an "inverse" graph indicating the long-term trends in the stock. Based on the long-term view, we can conclude that there is a rising wedge pattern and we are close to break this channel up ( or less likely down). I am long in this stock. picture of the day...
Apple looks bearish AF. Lets see if it gets saved or bailed out by the market makers or who ever though.. 155 then 150
Following weekly chart. There is a clear cup and handle formation for Garanti and it's ready to break the resistance. Possible scenario is break the resistance next week very powerful, then turn back to gap and then hit the target. Tp 17.86 SL - I'll use 9.5 area as a SL and re-join.
this company is small so its price can go anywhere fast . its price has broken its triangle strong base under very meaningful volume. now its in its 1st pullback with reasonable volume behavior/I am in this stock an I will add some more stocks.