ekgencsoy

ekgencsoy

312.08 is a critical value. Below that line we have 3 support zones. Expect to see price moving south towards the bottom border of long term support line. Moving to south is expected to be followed by a long term north migration, after july 2024.

ekgencsoy

Longterm downstream trend is in progress, a shortterm up trend has been broken and re-tested, expect to see a test towards 857 till the mid of May 2024.

ekgencsoy

Awaiting the breakout of the trend started from Nov 2023, expect to see three targets if breakout occurs.

ekgencsoy

BIST100 (XU100) is in correction mode with a WXY correction. Expect to see a short term increase to form Y leg and then two targets are marked at the bottom side.

ekgencsoy

ASELSAN is moving in a channel, expect to see green support area (47.62 to 49.98) within 3rd week of April.

ekgencsoy

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.

ekgencsoy

A nice rally to north strating from 200 towards 257, breaking downward trend. However divergence on RSI however to confirmed yet. 50 days MA has cut below 100 days MA. Price is approaching to 262-265 resistance area, expect to see a correction towards 229 support, despite huge new orders to AIRBUS. Agreement has not been sealed yet and buying those planes are...

ekgencsoy Updated 

Expect to see a correction (ABC) with a final leg ending around 1886.

ekgencsoy

Expect to see more movement to south before turning direction to north.

ekgencsoy

Expect to see a little more correction down marked area.

ekgencsoy

Expect to see two possible targets at the south and then a sharp move to the north. Trend to be followed on previous thyao idea which is linked below.

ekgencsoy

ENKAI2! It's moving within the channel, and I expect it to turn from the marked area at the channel's bottom and move towards the upper band above

ekgencsoy

"Three zones have been identified in the PGSUS December contract. It appears that we are currently experiencing an ABC correction phase, which began on August 15, 2023. It is anticipated that this correction, constituting the 4th wave in the ABC pattern, will soon conclude. Caution is advised, as a return to the initial impulsive 5th wave may follow."

ekgencsoy

Two expected return zones are marked for THYAO, short term target is TARGET 1, two mid-term targets are TARGET 2 and 3. TARGET 3 has the lowest probability.

ekgencsoy

Expect a pull back towards the yellow zone to finalize correction.

ekgencsoy

Expect to see a trend turning around IV and start for the sub-V.

ekgencsoy

1st target as per impulsive wave count is 9030. This will complete the first wave of the upper wave, for the second wave I expect to see a correction again down to 7800. Then the mid term target will be 14192 and 15231. Long term target is more than 17000.

ekgencsoy

Impulsive wave 1 has ended in 4th of May and we are in 2nd wave and expect to end the wave around 10th of October between 1827 and 1848.