If the equity continues to trade above its 20-day moving average, then there ought to be a case for the upside. We are observing higher lows in the past few weeks and breaking above 14.33 TRL could push the equity higher. The moving average can serve as the stop for those contemplating the common equity. Views are of my own, does not constitute investment advice.
as we planned ,price is close the resistance line and waiting for break and confirm the supply line. Entry 18.70 TP1 20.39 TP2 22.00
Down trend already break up, but we still have 18.74 as bullish confirmation level. if this level break up, bullish target at 22.00 ENTRY 18.74 TP1 20.39 TP2 22.00
Its pretty clear that this share is going to follow "reverse cup-handle formation", blue path is my forecast.
TKFEN- Tekfen Holding Turkish stock on Bist-100, Weekly Plan