#bist100 must clear its way now
#bist100 came back from its 200-Day moving average strongly and closed above all key SMAs.
volume spiked too.
now, to start a new up-trend, it must cross above its 6-month "down-trend channel".
personally, according to the Friday gap up, I expect a correction towards the long-time trend line (green line).
it can cause pullback in many leading stocks.
a real bull market needs time to be shaped.
volume spiked too.
now, to start a new up-trend, it must cross above its 6-month "down-trend channel".
personally, according to the Friday gap up, I expect a correction towards the long-time trend line (green line).
it can cause pullback in many leading stocks.
a real bull market needs time to be shaped.
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