Krgyo longA target potential of 65 TL was detected from the current level. Of course, this won't happen right away. Accumulate positions patiently towards the long-term goal. I do not expect the price to move below the stop loss. Contrary to popular belief, stock markets are not falling markets. The chart wave structure is suitable for long positions. The psychological basis and the world conjuncture will bring the position target shown on the chart. It points to a change in dynamics that causes prices to remain under pressure for a long time. The strategy was determined in line with the target
KRGYO trade ideas
Possible Retracement Ahead? KRGYO3.14 TRL could serve as a reversion point in the short-term as the common equity has overextended in recent weeks. A retracement back to 2.44 TRL could be viewed as a bear case in the next few weeks. Albeit, if KRGYO pushes above the resistance of 3.14, there isn't much to stop the bullish momentum that would push the equity to prior highs of 3.68 TRL.