Short, target 104.3Following weekly chart.
It's under EMA13 and got a short confimmation.
There is a reversal cup & handle formation which can speed up short.
Following power indicators and they're weakening.
TP1 104.3 - around 5% gain
TP2 98.45 - Fibo level
SL - Not super RR but following 121 level.
Garantibankasi
GARAN ready to explodeWhile all banks stock prices are rising, GARAN stands still due to the intense pressure at the 12.20 level. Obviously, BBVA, which wants to collect the shares, wants to keep the price below its buyback offer, 12.20. We know how such pressures will result from USDTRY. Almost all of the technical indicators are showing strongly BUY. But it is still at its historical lows on USD basis. It's only a matter of time before it starts moving towards the 18 lira level.
Garanti günlük grafikte hacim ve fiyat analiziKapanışlar aşağı doğru giderken hacimde azalma var, bu da arzın zayıf olduğunu gösteriyor. 8.10 seviyesinde destek altında stopları almaya yönelik yay hareketinden sonra hacim artarak yükselişte. 8.70 olan geçmiş destek ve direnç seviyesine kadar gidecek gibi gözüküyor.