PETKMagain a squeezed graphic
it seems that last days to give a decision bear or bull?
today was a very volatile day,
first ever circuit cut since 01-Nov-2023 / biggest candle since 06-feb-2024
summary of day:
max:+1.84% min: +6.07% close:-4.51%
Last 20mins ~+%1.5 (bulls are not dead yet)
- but two consecutive red closings below uptrend so we have to be cautious for long positions
(i will give a chance 16 hours to return black uptrend - ( 4 more 4h candles)
i am still bullish over 19.80TL (at least 16 hours)
Book value: 22.254TL
current: Book/sh: 0.92 (@ All time lows) - no negative news publicly disclosed for these ratios. So these days may be a big opportunity for long term PETKM investors to collect shares
