IPEKE trade ideas
IPEKEIf the price enters green channel it would present a good buying opportunity. Stop loss if the price breaks below the bottom blue line.
IPEKEIn order talk about a recovery, price needs to break above the daily (green) descending channel.
IPEKENowadays, winter is coming so clients' energy demand is increasing day by day and this firm announced a good financial statement in the 3rd quarter. IPEKE'S Improving research&development projects on natural resources makes this company attractive. The first target is h which equal to 13.66 then if cup formation works, the next target will approx. between 15.80 - 16.00.
Supports : 10.80 - 10.20 - 9.15
İpek enerji yukarı trendOluşan bayrak sona erdi, orta vade destek ve direnç noktalarını da düşündüğümmüzde kırılması gereken ilk basamak 12.73 değeri. Bakalım yatak destek ve direnç ile bayrak formasyonunu dooğru görebilmiş miyim :-)
IPEKE - DOUBLE TOP REVERSAL As it has formed double top, now support line is broken and we may wait support line to act as a new resistance.
If pattern validates we will see 3.70 area. To remind that, double top reversal pattern has high accuracy but statistically 1/3 of them fail.
NOT FOR AN INVESTMENT
IPEKE SHORTVolume and RSI do not support upper movements. I think we will see a reversal action.
*Not for an investment.
