TKA took a heavy dip today — and let’s be honest, it probably won’t be the last. The reason lies in the company split: TKMS, its naval division, is now tradable on its own. Naturally, when a split like that happens, market capitalization shrinks, and the price reacts accordingly. Add a few investors who missed the news and panic sold, and you get today’s selloff.
But does that mean our 16 € target is dead and we’re all doomed? Not quite. We got rejected cleanly off the resistance line (-0.236 Fib) right as the blue structure completed — a selloff was inevitable. When the market reacts that fast, it often seeks a deeper retracement, and that’s exactly what I’m watching.
The 0.618 level is where I plan to reload. I like that zone because it would align with the target line, creating a healthy lower low that still holds as a higher low on the larger structure — a textbook sign of a market that’s simply completing its formation, not collapsing.
But does that mean our 16 € target is dead and we’re all doomed? Not quite. We got rejected cleanly off the resistance line (-0.236 Fib) right as the blue structure completed — a selloff was inevitable. When the market reacts that fast, it often seeks a deeper retracement, and that’s exactly what I’m watching.
The 0.618 level is where I plan to reload. I like that zone because it would align with the target line, creating a healthy lower low that still holds as a higher low on the larger structure — a textbook sign of a market that’s simply completing its formation, not collapsing.
订单已取消
With the recent split, the charts got thrown off quite a bit. I’ll need to take some time to redraw everything properly. Until then — no TKA trades.
Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
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Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。