#MAKTK Share Analysis by MyNameisMoney 12.08.2020

As you know, MAKTK share analysis (MACHINE TOOL INDUSTRY) I announced my post for the first time with the tweet below.

Bonus #MAKTK YTD

Review my previous analyses. Become your own analyst.#dolar #xu100 #bist100 #halkb #petkm #escom #karsn #pgsus #altin #odas #thyao #akenr #bsoke #sasa #ykbnk #gsray #AKBNK #KRDMD #vkgyo #zoren #krstl #usdtry #KOZAL #dgklb https://t.co/UxxM3bClFP pic.twitter.com/vQ5VLEZfS4

- MyNameisMoney (@mynameismoney4) April 27, 2020

For the first time, we entered our position at 1.12 TL from a very good place. According to the trend at that time, we predicted a target of 1.82 TL. We received a profit of 62.5%, which is satisfactory for the first phase.

Upon intense request, we will make the traditional "Kingdom of the Patient Dervish" marking by making MAKTK share analysis long term analysis. For this, let's start our analysis together.

The recent correction on the index has created a new harmonic structure for us. The "Kingdom of the Patient Dervish" target of the harmonic structure, which I have colored in yellow tone, and then the long-term "Ultra-Patient Dervish Kingdom" target are also marked on the chart with yellow-toned price bubbles.

There is a strong resistance zone from the past, this point should be followed well. It may test this point several times, it may test it once and retreat, or it may break it directly.

In case of a possible pullback, red price bubbles will serve as support. For some, these are the end of the world, but for others they are investment opportunities.

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.

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