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KRDMD ,Ready to Take off?

BIST:KRDMD   KARDEMIR (D)
After Strong sell off wave in Istanbul Stock Exchange,Krdmd finally managed to gain strength again..Along with Bollinger Band Squeeze
formation,Krdmd closed above BB upper band ...This may be good news for the Bulls
On the other hand ,Stock closed above TL/2.01-2.18 rectangle area...That's the second positive technical formation...If it moves up as long as it rectangle area height,we can see the price around Tl 2.35-2.40 in coming days...After tl 2.40 ,next probable price targets can be seen at 2.50-2.63 and 2.73 areas...

Serdar ULUCA
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