macd + possible approach to descending resistance level
16March28888@DJI 16 mart dünyanın en büyük endeksi tarihini belirler bütün borsa endeksleri Dow Jones Industrial'i tıpatıp takip ederler.
Petkim hissesi rsi ve fiyat arasında negatif uyumsuzluk.
macd + possible breakout of descending resistance level
16 Marttaki Dow Jones ne derse odur...
bulls are trying hard but they couldnt able to break fibo .61 so short can be tested with ascending support line in mind
XBANK closed below 1365 (EMA250D). We need to see two more closing below 1365 to say its broken. Momentum contradicts and RSI is at oversold. What does all mean? There is still good chance that XBANK will keep above 1365. And if it does we’ll talk about trade. Keep calm.
Apart from the double top formation; my observations supporting a bearish BIST 100 are: Already broke the 21 and 50 day SMAs. Broke the upward trend for RSI. Targets: 1380-1420: 100 day SMA and %78.6 Fibonacci level. 1280-1300: 61.8% Fibonacci level and support from the upward trend starting March 2020. This will also likely be around the 200 day SMA,...
Another way to look XBANK support is EMA-250D, which is 1365. Why should that work? Because we are at month closing. Like january XBANK may be oversold for 2-3 days. Thats a possible option as well.
I don’t trade XBANK anyway I cannot forget that its very strong indicator for XU030. We may talk about head and shoulders formation etc. Not the time. Question : where is the support? My answer is 1265. Now days to stay calm !!!