Stock price plunged from 3.00 to 1.00 range. The critical reference level is 1.12, stock price pushed back from this level 9 times. Price movement created SHS pattern, symmetry triangle. This pattern continuation means that after the breakdown of the key reference level prices might react aggressive. Indicators have positive divergence form and volume indicators...
Overlay.
Here @ 3 $ resistance zone..
When we look it 2 years resistance..
Turkish lira based stock index weekly macd, rsi overbought and macd @ record levels..
But price is always important than indicators.
Good Luck...
