#SASA Share Analysis by MyNameisMoney on 16.11.2020

Our free technical analysis courses very popular. I continue my analysis for you to practice. I will only interpret the chart without looking at the fundamental analysis data of the stock. SASA share analysis (SASA POLYESTER INDUSTRY) I will share our previous study below. It is an important record for you to see where the stock can be bought. Apart from that, I will comment on SASA stock again.

Here is the first tweet where I shared SASA share comment.

#SASA I colored it with 3 different analysis methods. You can ask questions. YTD#dolar #xu100 #bist100 #halkb #petkm #escom #karsn #pgsus #altin #odas #thyao #akenr #bsoke #pegyo #ykbnk #SELEC #AKBNK #KRDMD #vkgyo #odas #zoren #krstl #KOZAL #ASELS #GARAN #EREGL #tskb #isctr pic.twitter.com/cr80EpR201

- MyNameisMoney (@mynameismoney4) May 12, 2020

As you can see above, a tremendous analysis was realized again and left a profit on 55%. In other words, your investment of 10,000 TL reached a value of 15,500 TL. Since the logic of technical analysis is to use historical data, you should grasp this reminder well. Let's see what the situation of the stock has become today.

SASA stock continues to move in an ascending channel. The chart was analyzed in the weekly view and 3 different harmonic structures were observed. The targets of the white harmonic have been realized and we pay attention to the other mustard and magenta harmonics.

Price tags painted with the same color are among the targets to be monitored. Here, red zones are important for both positive and negative directions. The more resistance cannot be broken, the stronger it becomes and brings selling pressure. For this scenario, first of all, the lower band of the channel will serve as support for us, and if this region is broken, the red colored region serves as a strong support.

My personal opinion is that with no signal that the uptrend will be broken, the trailing stop will always be a life-saving insurance.

Pullbacks are the end of the world for some and investment opportunities for others.

Remember, if there was a continuously rising pricing, nobody would lose. Use my analysis to develop strategy and learn technical analysis.

Important note If you are going to invest 1000 shares, make it a habit not to buy x shares at one price. Fragmented buying is important to keep the cost down. You will not miss the opportunities of possible pullbacks. Think about your investment at least in the medium term, not instantaneously. Take your time, remember our most important motto is "patience".

Time is our most precious asset. Therefore, I contributed to you by taking my time. If you do not withhold your shares and likes in return for this effort, you will help me keep my motivation for the next time.

Thank you

Final Note: All the details I provide here are for educational purposes and do not contain investment advice. You may make a loss in your transactions. This notification is a legal obligation.

You can send your questions and suggestions here or on twitter.