#TOASO is a normal CAP size stock. its big picture of fundamentals is Better than normal. Its last 12 months relative strength is higher than 90% of other Turkey stock market names. its the 2nd strong performer of its group and a LEADER of its group. its price is making a great base bellow its strong resistance zone of 83TL. we can enter in the breakout of this...
this company is small so its price can go anywhere fast . its price has broken its triangle strong base under very meaningful volume. now its in its 1st pullback with reasonable volume behavior/I am in this stock an I will add some more stocks.
looking to monthly chart of BITCOIN and according its RSI strong divergence and volume behaver, big drop is the strongest possible scenario. strong supports are at level of 18000-20000usd and then ,zone of 12000-14000usd
according the big Cup and handle visible in monthly and weekly time frames, gold is ready to fly . I will wait for a breakout signal and will find multiple entries .
the war in Ukraine caused faster correction in Turkey Stock Market. now we can find leaders to ride . BUT, Carefully......
this stock is one the best performer of BIST market in the last 12 months. Its price behavior according its RS, is better than 90% of other stocks, in its the 2nd leader of its group. the fundamental is great and its income and EPS has accelerated annually and quarterly. and the most important is its reliable chart pattern made in last 3 months . breakout beyond...
there is an acceptable fundamentals for this stock. stock price is in a healthy and normal uptrend. it is basing after a normal correction. one more important matter is that this company is producing agricultural fertilizers. So,...... VOL/Price action is meaningfully positive. I will buy more in top of 15TRL wait for a breakout of 15tl
it is the 1st break out and close beyond its downward channel and 100SMA in the last 140 days. but price is below the 200SMA and this moving average is pointing downwards. the horizontal Resistance zone around the 1.5usd in coincidence with the 200SMA is the zone of decision.
its the 2nd touch of 50 days SMA. SMA50 has broken down the 100SMA and 200SMA. current price is bellow the 200SMA and this SMA is flatting. so in this moment the most possible scenario is bear or range markets. at least for some more weeks. I think its not logic to be all in.
since Jun 29th, 2020, S&P 500 has been in a healthy uptrend . in its up trend movement , price has been respected to the zone between SMA50 and SMA 100. now, the zone is broken and is acting as dynamic resistance. last week we had a pullback to broken zone. so, in this moment 2 scenarios are more expectable: 1 - a deep reverse and a big bear market for at...
this classic C&H pattern belongs to GOLD. it will explode soon or late. I think gold is the most trustable king of 2022.
Turkey stock market is in a strong bull trend since March 23,2020,charts say that this trend will be continuous. but any healthy trend needs enough correction after any big wave . as my vision to BIST100, I expect 2 scenarios : 1- BIST will drop down 7%to 15% and start its new bull movement from bottom of its channel. 2- BIST will make an squeeze pattern between...
I think breakout towards higher prices will happen strongly because of following evidences: 1- this pair is in a range for around a year. 2- we have a mini-trend-line showing an uptrend for 10 days. 3- we see a 10 days buildup just bellow the top of channel. 4- EMA20 is touching lows of buildup candles . but note that: it is 1 year old range channel, it needs...
Zinc had started its advancing October 7, it started retracment 4 days ago and now its price has rejected up from a reasonable zone. In this zine we have golden fibo zone in coincidence with 20EMA.
price has faced a very critical zone. in this zone we have : 1- strong horizontal resistance zone of 1776-95. 2- the broken EMA200 that its new roll will be resistance 3- the top bank of the creditable channel so , I will be cash , to buy in a good place in lower levels or after break of 1800.
in the last 1800 days , USDRTY has been respecting its EMA50. now EMA50 value is 7.19 usd. bellow that we have very strong S/R zone of 7.00usd that is very important round number too. i think tomorrow is vital for this pair. as the overall trend is uptrend , i think price will rise from here to touch 7.5us , 8.5usd and maybe higher levels. in case of strong close...
USDTRY is in a long-term uptrend for more than 12 years and , same as any trend, it tends to have pullbacks. for the 1st time this pair has broken EMA50 (in weekly time-frame). But, bellow , we have the very strong S/R zone of (6.7 to 6.9) it is in coincidence with ema100(weekly). i wont sell this pair until this level is not broken.
in the last 792 days , Gold has been in a strong and healthy uptrend . the maximum pullbacks have been supported by Daily EMA 250 (it equals to EMA 50 in weekly time-frame). it is the 1st time that we see a daily close bellow this moving average. it can be a false breakout, but a weekly close bellow this moving average can be a sign of a bearish trend. next...