#AYEN Stock Technical Analysis by MyNameisMoney 08.06.2020

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 am sharing the analysis on #AYEN for the first time. I have never looked at this stock before. I am looking at it upon a request from one of my followers. In this way, there will be diversity and there may be an opportunity for us to identify different charts.

Green-toned harmonic structure Bull the beginning of a new year. He already gave the opportunity to buy at 2.14. Short-term targets came in order without looking at the chart. You can look at the fibonacci 0.382 and 0.618 points to remember. I also placed our "Kingdom of the patient Dervish" point, which has now become a tradition for medium and long term targets, on the chart. 5.38 TL corresponds to the price. So the Fibonacci 1,618 point.

Right next to this structure, there is a structure that has not yet completed its formation and when it completes bear There is a harmonic structure with a possibility. If this structure is formed, a retracement will occur after 4.05 TL.

The game changer here would be to follow the movements together with the index. This means the following. Although it starts a rising chart, it is necessary to be cautious for a possible bear pattern. Either profit is taken at these points. Or take a position after this movement.

There is another pattern that I have shown here in yellow, which has formed the shape of a cup handle. This pattern gives us a bullish expectation as much as the depth of the cup as a target. I have shown this price with a price bubble in the same color tone.

The last scenario is the possibility of pullbacks, which some see as unwanted and some see as an opportunity. Fibonacci support points should be followed in cases that will sag below the yellow triangle you see on the chart. Remember, if there was a continuously rising pricing, no one would lose.

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.