MIA Teknoloji AS

Net Volume Comment #MIATK

80
In April, the shares traded between 34.2 and 38.5 TL showed strong buying interest, subsequently forming a solid support zone. In recent weeks, the reversal trend supported by company news and share buybacks appears to have gained momentum with current purchases.

Toward the end of August, short-term price appreciation was confirmed by selling pressure, and today a strong resistance level has emerged between 40.9 and 43 TL. Depending on how this selling pressure is absorbed, it is possible to see relatively weaker resistance at higher levels and, compared to that resistance, stronger buying interest. Following the news flow may prove beneficial.

Strong support: 34.2–38.5 TL
Strong resistance: 40.5–43 TL


Not an financal advise, experimental and educational content.
Do not open any trades with these ideas.

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