In-depth trading ideas
EREGL Ereğli Demir Çelik Flat ScneriaoA big flat correction to my eyes... Which means those last up moves doesn't seem to be a impulse wave so that means we are in a correction,which is by the time Wave B of the flat completed we can expect a strong,harsh move to the downside as to complete Wave C of the Flat.
EREGL at the bottom of its channel in loggraph.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.
Leading Turkish Stock on XU100BIST:EREGL
First of all, My analysis method consists of Fundamental and Technical evaluations, which I think the best way to find out where the stock supposed to be going. Therefore, I made an analysis of BIST:EREGL for foreign investors who believes in the company that they invest in applying long term investment plans. Although Turkey has some political problems, which are occurred in its regions, BIST:EREGL does not seem to be affected negatively as it offers dividends each year, so Let's h






















