BIST:CIMSA weekly candle chart is accumulating for the next move. After the bounce , at least the previous ATH is expected in mid term. NOT FINANCIAL ADVICE.
Current correction from 03 Oct high till today, forms an abc (5-3-5) wave ending with two probable ending points. Expect to see a returning point between those two lines.
Turkiye's struggle to stabilize never seems to end. A tale of chaotic, non-orderly zigzag, ebbs and flows of poor budget management, high diplomacy lacking principles, eager to host refugees and give humanitarian aid, yet at huge costs of social imbalances within. Development, but in what form ? Democracy, but always shot from behind and degraded. Idiosyncracies...
The Gartley pattern is made up of four price points, labeled X, A, B, and C. The pattern is considered to be valid if the following conditions are met: XA is a retracement of 61.8% of the AB leg. BC is a retracement of 38.2% of the XA leg. CD is an extension of 161.8% of the XA leg. The Gartley pattern is a relatively complex pattern, and it is considered to be a...
shift in macro policies started to attract international interest especially on the fixed income side. equities always follow the bond market and i am expecting the int'l inst to start building positions in Turkish banks.
Be tight to see 15 December BIST:XU100 2023 price action.
BIST100 is locked and loaded for a historical rally. This year, the index of 100 stocks of Turkey will outperform even in USD basis for the first time in decades. The mechanics of this is very complicated but can be summarized by jeopolitical structure. This is a 18 months lagging Argentinian IMV exchange in short words. Turkish Lira is NOT as weak as Argentinian...
One of the post-Covid Star.... It is gonno go up, until it doesn't...
BIST:SAHOL partially achieved Long Wolfe Wave, care for Short one on Daily Chart
TECHNICAL ANALYSIS It looks more like a quasimodo formation than a head and shoulders formation. This formation can also be interpreted as ABCD. We can see price fall sharphly to down. MACROECONOMY Investors are confused due to the excessive increase in deposit interest. The new economic program and the statements indicate that a harsh monetary tightening will...
TECNICAL ANALYSIS October candlestick close lower than september. I think five elliot wave is complated. I am publishing three chart please check an other analysis. MACROECONOMY Investors are confused due to the excessive increase in deposit interest. The new economic program and the statements indicate that a harsh monetary tightening will be implemented after...
TECNICAL ANALYSIS Last 8 week candle is corection wave because candlestick momentum is very low. I am publishing three chart please check an other analysis. MACROECONOMY Investors are confused due to the excessive increase in deposit interest. The new economic program and the statements indicate that a harsh monetary tightening will be implemented after the local...
Bullish flag with long accumulation phase. Good signs. NOT FINANCIAL ADVICE.
Very long, healthy accumulation in the falling channel. May be retracement will take extra %10 loss but , after the bounce this guy must walk up. NOT FINANCIAL ADVICE.
According to the reverse wedge and harmonic formation, my expectation is that the index will fall to the 6800 region.
YKBNK partially achieved Long Wolfe Wave, we can see some decrease in the price and expect Fibonacci Levels to work.
+ Long , good accumulation + Previous breakout + May visit ATH again NOT FINANCIAL ADVICE.
Good accumulation and buy signals. Undervalued. Expecting good moves upside. NOT FINANCIAL ADVICE.