PENGDUnfortunately prıce couldn't manage to break above the red descending channel and has fallen down to the support of long term ascending channel(blue dashed line) I am expecting a bounce from this area, if not we might see the price touch the lower blue line.
BIMAS - PENDINGBIMAS
In this analysis, I have used exponential moving averages, parabolic sar and RSI
- We are at the descending triangle zone for BIMAS, therefore we need a downtrend break confirmation for seeing higher prices.
- Parabolic sar didn't confirm any rise at the prices.
- We should be above 20 days ema.
- There is no breakout regarding RSI.
ADVISE : NO CONFIRMATION FOR BUYING THIS STOCK.
WAIT FOR MY NEXT PUBLISH.
OYAKC TREND ANALYSISThe downtrend has been broken for OYAKC. Let's what comes next!
Not investment advice!
ASELSASESLAN is at the support line of a long term ascending channel. It believe it presents a good entry point yet if the next weekly candle closes below the support line you might want to close the position. Dotted line is MT target.
