alicanb

EREGL at the bottom of its channel in loggraph.

Largo
alicanb Actualizado   
BIST:EREGL   EREGLI DEMIR CELIK
I think it's time to accumulate EREGL as long as the price is between 33.00 - 36.00 TL. It is already oversold due to Arcelor Mittal batch-selling.

Two levels that are important are indicated in the chart, both of them are as a result of simple Price Action, and will most probably act as resistances.

FEF1! is not bad either, which will support EREGL's quarterly revenues for the upcoming months.
Comentarios:
Daily 200 MA is also a support at the bottom of this channel and working as a support as well.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.