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#SNGYO Share Technical Analysis by MyNameisMoney 02.06.2020

I thought it might be more practical to share here for those who have a hard time finding my analyses that I share on Twitter. At least if we don't like it, we can go back to the old order 🙂 ðŸ™'

I wanted to share the analysis on #SNGYO for a long time. This share has hurt a lot in its time and scared small investors. Let's examine the structure together.

The blue-toned harmonic structure indicates the beginning of the bull. It has already given an opportunity to buy at 0.89. I showed the targets in the same color tone respectively.

Right next to this structure, there is a harmonic structure that has not yet completed its formation and has the possibility of a bear when it is completed. If this structure is formed, a retracement will occur after 1.54.

Hard candle exits above the green triangle are important for the realization of the above two possibilities. It is necessary to follow it well

The last scenario is the possibility of pullbacks, which some do not want and some see as an opportunity. The fibonacci support points you see on the chart should be followed.

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 can send your questions and suggestions here or on twitter.

2 thoughts on “MyNameisMoney’den #SNGYO Hisse Teknik Analizi 02.06.2020”

  1. As I understand it;

    If we start to watch at 1.20 levels when we look at the white tone; If the candles rise out of the green triangle with longer and harder movements, the first target is 1.54. 1.32 is a possible regression after 1.54.

    If there are no hard candle exits, the bearish scenario will be realized. So it may go down to 1.00 levels.

    Thank you.

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