BIST 100 needs a deeper rest to before its next flight
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 1800 to 2000 and after a period it will break mentioned pattern.
anyway, I will stay out.
in this moment cash is King.
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 1800 to 2000 and after a period it will break mentioned pattern.
anyway, I will stay out.
in this moment cash is King.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.