Bist100
SODA BIST 100 TECHNICAL ANALYSIS 141119SODA BIST100 trend is will be upwards wait for confirm MA ,trend line than supp/rest.
ENTRY 5.97
TP1 6.57
TP2 8.06
XU100- Possible Reverse Head&ShouldersTurkish stock index BIST 100 seems like forming a reverse head and shoulders formation.
Target of this formation is first 88.500 which is the height of shoulder, and than 86.000 which is the height of head.
After completing this move, a great opportunity is to buy this index because prior to this correction, prices were around 120.000. For the last 20 years annual increase rate of this index is around 24%