A Strong Sky & A Weaker Foot - Trend - TCELL TurkishCell - DAILY#tcell #turkishcell #stock #turkishstock #trading #trendanalysis #chartpattern #ttradingidea #easychartreading
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to simplify #tcell #stock is price is under strong pressure.
See the probabilities like that:
-The black dotted line is the possible imaginary center from which a #pullback is possible.
-The orange line on top is the probable strong resistance from which probably strong actors of this #tcell market defend.
-The red top line is the possible maximum #price that could be reached. Likely to be the best sells entry point at the moment but very very hard to get the price rising there.
-The bottom bleu line is the major #trending line for this year, it is a possible best #entrypoint for #long entry. If market succeed to break the middle black dotted line and reaches the blue one, probable good entry price for a #buy.
Beware of market breaking the blue support line, it will lead to a possible super fall in the price.
For people already holding a lot on this stock, beware at the black dotted line, decisions are to be taken from the moment the market price reaches that support.
