According to BB and MACD, TUprs can be down to support price 128 in 3-5 days.
It's pretty simple. %10-20 gain is possible in the long term against Turkish lira.
#EKGYO - way to go - patience is the KEY Trend + Fibo + 200 EMA all holding
Turkish Airlines or officially Türk Hava Yolları Anonim Ortaklığı is the flag carrier of Turkey. As of 2022, it operates scheduled services to 340 destinations in Europe, Asia, Africa, and the Americas, making it the largest mainline carrier in the world by number of passenger destinations. Potential bull flag technical formation.
WHY NOT ! Seems like a good spot to react ... Enjoy !
#KRVGD - Way to GO Fundamentals are so good - P/E = 12
I think the trend will be downward for the next three months. Even though the main expectation is MA200 on the daily chart, I foresee a further decline both in terms of Fibo value and dollar basis.
Very neat and Tidy - ready to go !! this is not a professional trading advise . Just wanted to show a very neat CUP and HADLE as well a FLAG ,all targeting UP.
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