EKGYO-Continuation of DowntrendEKGYO-Continuation of Downtrend
I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
EKGYO trade ideas
#EKGYO - Way to GO !#EKGYO - I loved this trendline
It is even stronger together with the FIBO level.
Also supported by good financials and Low P/E !
EKGYO, 4H, 21 ARALIK 2020KENDIM ICIN DERS NITELIGINDE KARA KALEM CALISMAMDIR. FIKIRLERIM SADECE BENI BAGLAR. YATIRIM TAVSIYESI DEGILDIR. FIKRI HUR BIREYLER OLARAK KARARLARINIZI KENDINIZ ALINIZ.
EKGYO take risk or wait 2 days more9 September green candle signals that golden cross may happen and it will go higher. Therefore, next day might be the right moment.
It is not an advice surely.
EKGYO YÜKSELİŞ TRENDİ2.24 bandı 04.08.2020 tarihinde,
bist100 de kötü bir durum söz konusu olmaz ise
şahsi görüşüm günü 2.35 ile kapatacaktır yükseliş trendi başlayacaktır.
YATIRIM TAVSİYESİ DEĞİLDİR!
EKGYO is on the way 1.71TL if it can stand above 1.61 TLEKGYO is on the way 1.71TL if it can stand above 1.61 TL
BIST:EKGYO
(it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions and comments contained in this material are not under the scope of investment advisory services)
EKGYO is going to decide its way, 1,61TL is criticalEKGYO is going to decide its way 1,61TL is critical . If it can stand above 1,61 TL rising will be going on its way. Stop loss will be 1,43 TL
(it is not to be construed as an offer or solicitation for the purchase or sale of any financial instrument or the provision of an offer to provide investment services. Information, opinions and comments contained in this material are not under the scope of investment advisory services)
EKGYO may continue to fallTurkish REIT EKGYO (Emlak Konut GYO) is currently at a value (1,21) far below normally it should be (2,37-3,32). At first sight it seems a great buying opportunity. Now let's look at the chart more carefully.
When we look at the weekly chart, it is still in the downward channel, and the uptrend it catches since the end of May looks like the reaction within this channel. Likewise, an upward trend has started on the RSI side, but it has not yet broken the long downtrend. Moving average showed a reaction, but it's still below the bollinger middle band.
When we come to the daily chart; With the downtrend started in March, the uptrend started in late May seems to have formed a triangle, and it looks like there might be a hard upward or downward movement in a week or two. The RSI bounced back from the resistance of the March downtrend and broke down uptrend support. Parabolic SAR has also started to show a decline. A single indactor left which is Moving Average indicator is still above the Bollinger middle band, with its break (the Moving Average on the 4-hour chart broke the Bollinger middle band). If the triangle is broken down, the targets will be 1.13 and 1.06. Below 1.06 is completely empty. This downward trend is expected to be completed for medium and long term purchases. In the short term, experienced friends in the stock market may see more trading opportunities.
