NI225 may increase future? It may be good opportunity for index fund buyers. Normally you can see Rounding bottoms formation very rarely in your life because it takes to occur in very very long time. On the other hand it may be cup handle chart pattern but they have same meaning so continuation formations.
After pullback, security has lost its value approximately %20 but that was pullback. It has happened with gap in daily chart. 07 August 2023 Symmetrical Triangle resistance was broken and second pullback can occur 457.80$ level. At the end of this week, we have to close this security more than 340.65$ level and it will be our support line.
1) I drew resistance line on RSI indicator and it touched 5 times. It seems be broken soon. Please check out arrows and you will see RSI level is approximately 30 level and RSI's 2 moving average will be cross each other nearly. 2) I applied SMA(8 period) on Momentum indicator and they have crossed each other. On the other hand, resistance line of momentum was...
1)I applied 2 moving averages on prices which have 5 period(red one) 20 period(green one) have cut each other and we got buy sign this week because we had to wait at the end of this week's closing candlestick on prices. 2) Also i have drawn resistance lines on prices and they have been broken this week with green candlestick. This is another buy sign. 3) RSI...
1) I drew resistance and support lines in the past and they worked very well for short and long positions. I drew support line and it is very close to be broken or security will take support from there. I drew resistance line and it is another obtacle for new peaks. If security wanna increase, it must break it. Also RSI has 2 moving averages and they crossed each...
1) RSI 2 moving averages will cross each other soon. Purple one 38.14 and Green one 38.69. If purple one cut above green one it will be buy sign. I am waiting for buying next year because this is monthly chart. I hope RSI's 2 moving averages will cross each other. 36.91, 35.21 and 31.72 were very important support line in the past and it reversed from this...
1) I drew Resistance line on RSI Indicator. 2) I drew Resistance line on Momentum Indicator. 3) I drew Resistance line on CCI Indicator. 4) I drew Resistance line on MACD Indicator.
1) I applied 2 moving averages which have 5 period(red one) and 20 period(green one). Red one cut below orange one it is sell sign. 2) Descending triangle occurred here and previous support line was broken. On the other hand, Pullback has happened but it could not reach above of this support line. Descending triangle is generally reversal pattern in technical analysis.
1) I drew Resistance Line on RSI indicator and it has been broken this month clearly. Also RSI has 2 moving averages and they crossed each other. Purple(40.29) one is more than Green(35.77) one. 2) I drew Resistance and Support Lines on Momentum indicator. Resistance line has been broken. Security has taken support from Support Line. On the other hand, Momentum 0...
1) As you see i drew 2 resistance lines on CCI indicator and one of them will have been broken soon but we will wait for second one. 2) I drew resistance line on DMI indicator and it has not been broken yet.
1) RSI's 2 moving averages have crossed already each other. Purple one went above green one and it is buy sign. Also RSI's Resistance Line was broken. 2) MACD shows that: Upper trend is gaining power because green bars are lengthing and it is dark green not light green. 3) Momentum Resistance Line did not work. Momentum increased a lot but it is still less than 0....
1) I applied WMA(14 period) on CCI indicator and it gave us to buy sign before 2 months ago. 2) I applied SMA(8 period) on Momentum indicator but it have not cross yet. They are very close each other. It is close to break its resistance level. 3) RSI indicator is going approximately 25-30 level for monthly period. Also it broke its resistance line. 25-30 level is...
1) I drew Resistance Line of RSI iIndicator and it was broken in November. 2) I drew Resistance Line of Momentum Indicator but its resistance line wasn't broken yet. We will see what will happen this month. 3) I drew Resistance Line of CCI Indicator and it was broken in November. 4) On DMI Indicator ADX is less than 20. We do not have strong trend. Also +DI cut...
Momentum broke its resistance line yesterday but wait for RSI. Because i have seen this so many times when any stock decreased a lot with huge gap. Momentum and other indicators will be increase of course but it may still decrease a little bit but then huge profit will have been taken soon.
1) Momentum broke support line in the past but it increased as you see, retest happened there. There was rising wedge chart pattern. We are waiting for second support line to be broken. It is very close. 2) CCI tried support line many times but it will be broken soon. BIST 100 will be crashed in 2025.
1) I drew Support Line on RSI Indicator and it may be broken in 2025. 2) I drew Support line on Momentum indicator and it may be broken in 2025. 3) I drew Support line on CCI indicator and it may be broken in 2025. 4) DMI indicator has ADX and i applied ADXR which is used to quit from position early because it gives that strong trend is over.
1) I drew resistance line on RSI indicator and it has not been broken yet. In my opinion it will be broken in 2026. Also i caught negative divergence(sell sign) on RSI indicator. Price's peaks increased but RSI's peaks decreased. 2) I drew kinds of resistance lines on prices and every line will be different stage for prices. 3) MACD did not prove negative...
1) RSI will cut above its moving average soon but i will take position early because i applied 2 DEMA on prices(which are 5 period (red one) and 20 period (green one)). 2) When 2 DEMA cross each other i will take position a little bit early. 3) CCI cut above its moving average as you see but resistance line of CCI has not been broken yet. But next week it will be...