ASELS trade ideas
Waiting for the trade triangle analysis to form.Upon reaching the resistance of the trade triangle a short play could be possible which could catch around 100 pips. Upon reaching near the 0.75 of fib time zone a break out from the trade triangle is possible which could be long due to the fundamental strength of the company. Fundamentally the company is doing great with its revenue growth every year as it has managed to grow drastically over the last 3 years. Fundamentally the company is expected to grow even more as their stock price have gone up since march 2020.
ASELSAN'da kritik zamanlar!!!Bist100'un rekoru, USD/TRY' nin geri gelişi ve Dow Jones' un tarihi zirvesinin ardından piyasalara daha rahat bakabiliyoruz. 10 Aralıktaki toplantıya kadar ASELS long gibi gözüküyor oradaki geişmeleride olabildiğince aktarmaya çalışıcam. aşama aşama hedeflerim belli ama hayalim 22 lira seviyesinin üstü. Kesinlikle yatırım tavsiyesi değildir. İz süren stop'la takip etmenizi öneririm. Mutlu günler, Bol kazançlar.
asels toboihmaller olsa da tobo var diyebilirim. endeks müsait oldukça hedefe gider diye düşünüyorum ytd.
END OF THIS YEAR TARGET 21.00BEFORE END OF THIS YEAR NEUTRAL TARGET IS 21.00.
IF ANY TIME PASS THIS TARGET I WILL RENEW THE TARGET.
Applied ROC Strategy on Turkish Defense Company : AselsanAbout ROC Strategy :
Go Long when the ROC crosses above the Value of '0'
Short when the ROC crosses below the Value of '0'.
The strategy is a reversal strategy through the use of the 'Cover and go Long' and 'Close and go Short' Actions. The ROC property of 'Period' can be changed for testing purposes using the available ROC 'Factor'
Important Notice :
Although I publish this article in 30 mins period, the strategy works best with the intraday trading(1 min). If you decide to adapt this strategy to your Algo Trader, remind urselfs that %P&L for intraday is around ~8%. Also bear in mind the Turkish Stock Market Volatility plus any political related decisions on defense companies inside and outside the coutnry. The %P&L ratios has been calculated throug BackTesting&Optimizing on Bloomberg Terminal for July 2020.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
in short term aselsan will move around this levelsin short term, aselsan will move around these levels
in the long term with the trend of the corona it will be a move to around 40
ASELS|According to bullish trend line my strategy long term longASELS supports and resistances seem positive if it works correctly in the bullish trend. It can be up to 40 TL.
Just my personal opinions. The graphic I share is my educational work for my personal strategy. It is not investment advice.
