BIST
PRKME is on the rise (no investment advice / YTD )
The price is close the lower side of the channel.
The price recently rebounded above MA60, can move up to 5 TRY in the next term.
RSI/price divergence may be a question mark and need to monitor further.
Bollinger bands narrow, which show a low price fluctuation.
Prices above 4.43 can be bullish signal.
It is not investment advice.
ARCLK's recover continues (no investment advise / YTD)
The price is currently at the low FIB levels and trying to find support.
If it can find support, the price may rise 21-22 TRY range.
RSI and MACD are recovering, which is a positive sign.
Volume accumulation from the buy side also signals an uptrend.
It is not investment advise.
USAS needs to go above 0.63If the trend goes above 0.63 then the next resistance is 0.68.
Otherwise scenario is bearish.
OZBAL at the support level, can go up again.Ozbal is at its support level and expected to increase to its first resistance level.
Triangle breaking downside ? Lets see man...Lets see what happens. If it is breaking down triangle and impulsive move will begin there is a strong support level close levels. If it can break it also it will go to the 200 day average. Why not ?
Watching close and hoping for the best not for the worse..
Ultimate setup for me... I have been waiting this setup for 3 months. So today yes today it seen bottom line. And so far so nice reversal...
My target long term 1-2 years for upper side line top of this ABCD correction.
Best wishes to everyone...
Long term my view. IT came to upper band. amazing. I didnt thought that this will be that high... maybe over 3.10 3.15 that can be finished a small 5. wave. but the rally came to this area. amazing... dow jones rally all time... we crash. so. my view is like that. if it spikes over that trend line that will be cruel.. hope not. so .... shorting for long term from this prices will be great opportunity.. can be wrong of course.. but i am doing this.... so far i have loss..