ISDMR Moving Average Support
ISDMR dropped from 45 lira to 40 lira last week. When we look at the daily time frame, this level caught our eye as a level that moving averages especially like. We think that the moving average is important for ISDMR, which has been acting in accordance with the moving averages since last March. Therefore, we think that as long as it remains above 40 lira, 45 lira levels will be seen for ISDMR again. However, a possible day closing below 40 lira will push the stock down to 37 lira.
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