Another stock I’ll analyze tonight GEDZA it will be.
In this share, which closed at 22.00 price level as of 19.04.2022,
MACD near the intersection in the safe zone,
The volume bar of the last day is above the average,
According to the stochastic RSI, the blue crossed the orange down on the 4-hour and up on the daily,
The positive directional indicator is above the negative directional indicator and ADX our value is at the level of 52.00.
According to the RSI, it received its reaction from the bottom.
According to the WT indicator, hourly SAT is 4 hours and daily is BUY.
In the light of this information, if we need to interpret our graph;
Provided that there is a stop in the closings below 21.62,
21.86 is a strong support.
22.24 – 22.68 in this stock, which I believe will be up as long as it stays above this level. Search You can follow with resistances and 22.86 fibo resistance.
If it is above 22.86, there is a strong resistance of 25.96 if it is above 23.30 – 23.56 – 23.96 fibo resistances.
If it is above 25.96, there are 26.46 – 27.12 – 28.70 – 29.18 – 29.62 – 30.22 levels.
It’s a personal warning
-The index, stock, commodity, etc. that I share here should not mean that I personally took a position.
-It is important that my posts should not be interpreted as buy-hold-sell advice in any way.
-Please trade according to your own risk appetite
Like the shares and follow the account is an important indicator for the continuation of the shares.
All the works I shared; all information, drawings, graphics and comments, notes I took for myself and/or my essays on technical analysis, training notes.
Legal warning
Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service; brokerage houses, portfolio management companies, non-deposit banks and the customer within the framework of an investment consultancy agreement. The comments and recommendations contained herein are based on the personal opinions of those who comment and advise. These views may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations. However, I cannot be held responsible in any way for errors and omissions both on the site and in the resources used for the site, and for direct and/or indirect damages, lack of profit, moral damages and damages that third parties may suffer as a result of using the information on the site.