Ereğli in big flat correctionIt seems we are in the wave 2 of the c of the flat which means after a small up move the third wave can shock everyone anf afterwards 4 and 5 which mean also this stock can be bought for the long term for the prices starting with 3's or may be late 2's...by ey0100
EREGL Ereğli Demir Çelik Flat ScneriaoA big flat correction to my eyes... Which means those last up moves doesn't seem to be a impulse wave so that means we are in a correction,which is by the time Wave B of the flat completed we can expect a strong,harsh move to the downside as to complete Wave C of the Flat.by ey0100
EREGL orta vade alEREGL orta vade al. Ereğli Demir ve Çelik Fabrikaları T.A.Ş. yukselen kanalinin tabaninda. Potansiel %32 yukselis, %11 dusus. Longby sezaigngr55221
EREGL LongTurkish steel maker will follow 20-year-long trend. It is a relatively low return in the days of crypto bull, yet almost certain....Longby BatuMeftun3
EREGL Turkish stock break 11Month Down Golden TrendlineWe break 11 Month golden trend-line resistance with good Volume,short and long Trend Band signal Long,target 17% and trailing with red trend-line. not finance adviceLongby swahiliscrypto1
usd eregl vs iron indexstrong positive corelation between eregl stock in USD and some iron- steel indexes has turned to negative in the middle of april which might be indicator of potential of of ereglLongby canbafra3
EREGL at the bottom of its channel in loggraph.I think it's time to accumulate EREGL as long as the price is between 33.00 - 36.00 TL. It is already oversold due to Arcelor Mittal batch-selling. Two levels that are important are indicated in the chart, both of them are as a result of simple Price Action, and will most probably act as resistances. FEF1! is not bad either, which will support EREGL's quarterly revenues for the upcoming months.Longby alicanbUpdated 2
EREGLI Demir Celic 4HEREGLI Demir Celic 4H Long is in ascending triangle after uptrend buy at = 41.25 TP1 = 44 TP2 = 45 TP3 = 46 Sl = 40.1 $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$Longby UnknownUnicorn85059551
ereglidenemedeneme denemedeneme denemedeneme denemedeneme deneme deneme denemedeneme denemedeneme denemedeneme deneme deneme denemedeneme denemedeneme denemedeneme deneme deneme denemedeneme denemedeneme denemedeneme deneme deneme denemedeneme denemedeneme deneme.by semihengun10
EREGL Consolidation and mid term long opportunity27.00 should be stoploss for this analysis. Mid term target is 55-60 TL. We may expect earlier breakout linked to TL/$ rate.Longby Aykut_Celikkol7
Leading Turkish Stock on XU100BIST:EREGL First of all, My analysis method consists of Fundamental and Technical evaluations, which I think the best way to find out where the stock supposed to be going. Therefore, I made an analysis of BIST:EREGL for foreign investors who believes in the company that they invest in applying long term investment plans. Although Turkey has some political problems, which are occurred in its regions, BIST:EREGL does not seem to be affected negatively as it offers dividends each year, so Let's have a look at my analysis; Fundamental Analysis of BIST:EREGL Q3 Financial Statement of the company is expected to be published within the first week of November. Therefore, it is crucial to evaluate the current financials as it might bode well in all aspects now. - Average Price/Earnings Ratio of Iron & Steel Companies in XU100 as of today is 18.02 whilst EREGL has an impressive ratio of 8. Besides,P/E Ratio of BIST:KRDMD , which I think it might be comparable with BIST:EREGL in terms of Market Cap, is 4.27. However, BIST:EREGL is a company which is almost 3X bigger than BIST:KRDMD in terms of Market Cap and these figures creates a dominant company, which is are not thought to be affected by political instability. Therefore, BIST:EREGL have always been a company whose customers are mainly foreigners and foreign investment companies. - EPS jumped from 0.24 to 1.65 in the same period between 2020 and 2021 and it reflected to the price of share positvely. The reason why it happened is that BIST:EREGL is a profitable company without a huge debt. The company itself can easily compensate its debt and manage its business well. I will dive into this below. - Leverage Ratio of BIST:EREGL was calculated as $0.12, which means that each $0.12 from $1 of revenue goes to its debt to cover. This is an outstanding ratio for a Iron & Steel company with huge volumes. - Net Working Capital of the company is $2.243.971.00, meaning that the company has a subtantial amount of dollars, which can be used to make the company bigger and manage bigger orders well. Production - BIST:EREGL is the leader of producing and exporting of Roll and Rolled Sheet Metal in Turkey. It sells its products to mostly domestic markets through USD, and one of the biggest local customers of EREGL is BIST:OZBAL , whose stocks are being traded on XU100 (BIST100). According to Q2 2021 Financial Statement, 2.150 tonnes of Metal were produced in EREGLI factory, while 1.998 tonnes of Metal were produced ISKENDERUN factory respectively, so there is a balance of production between each factories. It alseo provides the company a greater flexibility to manage orders depending on the region. - In 2020, 16.6 Million Tonnes of Turkish Steel were exported, whilst 12.5 Million Tonnes were imported. Altough export is more than import, it does not reflect to financials positively since EREGL's export volume is just %20.2 (Q2 2021) and sales are dependant on the domestic markets. Currency Effects and Exchange Risks - The main export Market of BIST:EREGL is the European Union and therefore it is supposed that earnings are based on EUR while costs are dependent on USD. This is an important factor in analyzing the company because Strong EUR against USD provides BIST:EREGL a great advantage for the company on its earnings. However, in the case of Strong USD against EUR (as we have right now) FX:EURUSD , it might become a burden on company's financials. The company mostly exports to the EU Market and that's why weak EUR/USD rate is not a good sign to expect positive currency exchange yields on the financials. Effects of Chinese Iron Ore Futures on BIST:EREGL - Having made a research to find out what leads BIST:EREGL to increase, I realised that there is a correlation between SGX TSI Iron Ore, which stands for Chinese Iron Ore Futures ( SGX:SIO ). It is undeniable the fact that the price of Iron has a huge impact on EREGL's earnings and it is reflected to the balance sheet of the company. Technical Analysis of BIST:EREGL Having read all the above, It's suggested to take into account Iron Ore Futures ( SGX:SIO ) since it has a crucial impact on the company's earnings. - $1.90 is seen as a strong support while $2.07 seems as a pivot point, at which we can forecast the direction of the stock. - With the effects of Positive news, such as better than expected Financials or Huge Orders, 1st and 2nd Resistance levels might be caught in a short period of time. These levels are $2.18 and $2.29 respectively. - TP Level is calculated as $2.44 and it might be a nice target for the ones who aim short term yields. However, $2.66 would be tried if everyting mentioned above would be realized. AS ALWAYS, DO YOUR DUE DILIGENCE ON ANY STOCK BEFORE BUYING AND SELLING, HAPPY INVESTING!Longby UnknownUnicorn14317765220
EREGLNote to Self: If the price manages to break above the blue line and stay above the line there is a huge potential in long term. (Follow up for news regarding a bonus issue.)by Moonbathe_uk0
POSSIBLE BEARISH AB=CD'S BC PROJECTION THIS LOOKS LIKE A POSSIBLE BC PROJECTION LEGLongby vgoktasUpdated 0
#eregl Ereğli Demir Çelik Son mum tedbirli olmamızı ifade ediyor. Yatay turuncu olası düşüşte destek noktası. Ytd. Shortby bidemy3