Turkish stock index BIST 100 seems like forming a reverse head and shoulders formation.
Target of this formation is first 88.500 which is the height of shoulder, and than 86.000 which is the height of head.
After completing this move, a great opportunity is to buy this index because prior to this correction, prices were around 120.000. For the last 20 years annual increase rate of this index is around 24%
Target of this formation is first 88.500 which is the height of shoulder, and than 86.000 which is the height of head.
After completing this move, a great opportunity is to buy this index because prior to this correction, prices were around 120.000. For the last 20 years annual increase rate of this index is around 24%
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.