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Possible Retracement Ahead? KRGYO

BIST:KRGYO   KORFEZ GMYO
3.14 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.

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