NIBAS Share Analysis by MyNameisMoney 10.02.2021

NIBAS share analysis is a chart example that we have identified during the trainings we regularly provide for you, my valuable followers. If you also want to get training Twitter You can make your application by sending a DM via DM.

I ask you to consider this analysis as a purely educational piece and keep in mind that, as with all my other analyses, the NIBAS share analysis is analyzed by excluding all fundamental analysis-based dynamics.

The mustard-colored harmonic structure formed on the chart gives us the signals that the stock has come to the end of the downward trend. Especially the completion of the triple movement of the decline that has been continuing since December is another signal that may be positive for us.

Our eyes are on the MACD and RSI indicators. The MACD daily chart is now agonizing for a movement so that I can give a signal and get rid of my indecision. When we extend the period of the chart to 4 hours, we see a positive mismatch. Apart from this, due to the price movements in the trend, the RSI is below the 30 level, which supports the idea that there may be a rise again.

The graph does not tell us when these targets will be met. The targets of the analysis are on the chart, although it is a mystery if all the targets will arrive.

The decision is absolutely up to you. Price tags in red are possible retracement points. Especially with the pressure cooker effect on the index, we need to be more careful than ever.

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.