#KONTR Technical AnalysisThe descending trend line clearly shows that the price is controlled by the market makers. It can be followed within the channel after volume breakouts.
CIMSA LongI am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
KONYA - 4 months HEAD & SHOULDERSโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
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Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
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โ DISCLAIMER โ
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Chartingโs personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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TURSG - 4 months HEAD & SHOULDERSโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Chartingโs personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
RGYASRรถnesans, one of the strongest construction companies in Turkey..
Rรถnesans Holding, the conglomerate's leading investment entity headquartered in Ankara, is the 53rd largest international contracting company globally and one of the largest in Europe. With operations spanning 30 countries across Europe, Central Asia, and Africa, including subsidiaries such as Ballast Nedam in the Netherlands and Heitkamp Industrial Solutions GmbH in Germany, Rรถnesans has been operating as the main contractor and investor successfully for 30 years in construction, energy, healthcare, real estate development and industrial investments. Putting resilience and growth through innovation at the core of the company, with a priority on sustainability and social development, Rรถnesans has developed projects supporting students with scholarships, academic platforms and initiatives; been a signatory of the UN Global Compact since 2015; and a signatory of the UN Womenโs Empowerment Principles since 2016.
Under the leadership of its president, Erman Ilฤฑcak, Rรถnesans, along with its partners GIC, Meridiam Infrastructure, Sojitz, Samsung C&T, TotalEnergies, and IFC of the World Bank Group (minority shareholder in the group), has invested more than EUR8 billion into pioneering projects globally.
NUHCMA share that I have previously shared on the X platform has reached the abc pattern d target and has a chart to be followed as a stop under 299 for trade. If it is permanent above 299, it will test 313-320 levels, let's watch.
Lost DecadesTrend Analysis, RSI Strength Determination, Support and Resistance Determination
In the chart, the last blue balloon is important (I think). The support is below this balloon, and the resistance is above it.
I hope and believe in ISCTR because it's one of the top 3 most powerful banks in Turkey.
This is not financial advice.
Ereฤli in big flat correctionIt seems we are in the wave 2 of the c of the flat which means after a small up move the third wave can shock everyone anf afterwards 4 and 5 which mean also this stock can be bought for the long term for the prices starting with 3's or may be late 2's...
GLCVY LONGThe falling channel was broken up. Corporates are interested in the barter graph.
Cost zone: 44.5-45 TRY
Stop last dip zone six days closing:41.20 TRY
Goal: 61.85 TRY
Note: This is not financial advice!
Short, target 104.3Following weekly chart.
It's under EMA13 and got a short confimmation.
There is a reversal cup & handle formation which can speed up short.
Following power indicators and they're weakening.
TP1 104.3 - around 5% gain
TP2 98.45 - Fibo level
SL - Not super RR but following 121 level.
SHORTLY TARGET IS UNDER 1.00
I SEE THAT IS GOING TO EXTENDING X400 AS TSPOR.
There is oversell under 6.00.
While it is under 5, It will go down to 1.
SASA Polyester (BIST) Technical Analysis: Bullish Falling Wedge Price Movement: The stock experienced a significant upward rally, as highlighted in blue. The percentage gain noted in the image is around 1321.64%, indicating a massive price surge. This rally is measured from a lower price level to a peak at approximately 9.50.
Bullish Falling Wedge: After the price reached its peak, the stock has been consolidating within a "falling wedge" pattern, which is typically considered a bullish continuation pattern. The falling wedge pattern is represented by two converging downward sloping trendlines, indicating that the price is making lower highs and lower lows.
Trendline Analysis: The yellow lines show a long-term trendline supporting the stock's upward movement, as well as a wedge pattern where the price is currently contained. The breakout from this wedge is expected to occur to the upside, as indicated by the schematic of the "Bullish Falling Wedge" in the bottom-right corner.
Current Price: The current price is hovering around 3.95, which is at a critical support level within the falling wedge. Traders will likely watch for a breakout above the upper trendline for a bullish signal, or a breakdown below the lower trendline for potential bearish momentum.
Volume: The volume is quite significant, showing strong activity at this price level, which can potentially fuel a breakout from the wedge pattern.
In conclusion, the chart suggests that if the stock breaks above the upper trendline of the falling wedge, it could resume its upward trajectory. Traders are likely watching for a bullish breakout confirmation.
