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#CEMTS Share Analysis by MyNameisMoney 04.01.2021

CEMTS share analysis (ÇEMTAŞ ÇELİK MAKİNA SANAYİ VE TİCARET A.Ş), again prepared based on questions from my valuable followers.

CEMTS share analysis

CEMTS share analysis has been moving in an ascending channel in the daily chart since March. What should be noted in this chart is the reactions that the stock will make when it approaches the lower and upper bands of the channel, and at the same time, we may be getting the same reactions in the middle band of the channel.

Following a move towards 2 bearish harmonics in turquoise and harmonic colors, possible bearish targets are predominant. These targets are marked on the chart with red price tags. Apart from the stock's own natural movement, a retreat towards the 13.05 TL band below with a correction that may occur with the index should always be kept among the notes. While these points are the end of the world for some, they are 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 "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. In addition, the mentioned training is available free of charge both on the site and on Youtube channel is now available on the website.

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

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