#MNDRS Share Analysis by MyNameisMoney 09.09.2020

As you know, MNDRS share analysis (MENDERES TEXTILE INDUSTRY AND TRADE CO.) I announced my post for the first time with the following tweet

#MNDRS today's winner. Analysis is for educational purposes.YTD Followers saw the difference.#MAKTK #MARTI #MERKO #dolar #xu100 #bist100 #halkb #petkm #karsn #pgsus #altin #odas #thyao #akenr #gsray #KRDMD #vkgyo #zoren #KOZAL #ASELS #GARAN #ardyz #GUSGR #PINSU #SOKM #EGCYO #YUNSA #GLRYH https://t.co/UxxM3bClFP pic.twitter.com/YBXFyakUeo

- MyNameisMoney (@mynameismoney4) April 24, 2020

For the first time, we entered our position at 1.47 TL from a very good place. We came to the kingdom of patient dervish with a profit of over 150%. In the video below, you can see our success story "Kingdom of the Patient Dervish".

As the winner of our survey and upon intense request, we will make the traditional "Kingdom of the Patient Dervish" marking by making the long term analysis of MMDRS share analysis. For this, let's start our analysis together.

The recent correction on the index has created a new harmonic structure. The "Kingdom of the Patient Dervish" target of the harmonic structure, which I have colored in yellow tone, has been rendered on the chart.

There is a strong resistance zone from the past, which should be well monitored. It is very likely to test the red colored price bubbles below, except for trap declines. For some, these are the end of the world, but for others they are investment opportunities.

We see that the stock is moving in a channel that I show with blue dashed lines and continues its uptrend. It is the continuation of these trend movements that should be noted.

Remember, if there was a continuously rising pricing, nobody would lose. Use my analysis to develop strategy and learn technical analysis.

Good news, you can access the very comprehensive technical analysis training I have prepared for you via the link below. Every second is important. It will be beneficial for you to watch it without skipping.

Free Technical Analysis Training from Mynameismoney

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.