#THYAO Share Analysis by MyNameisMoney 22.10.2020

Hello Friends, as you know, THYAO share analysis (TURKISH AIRLINES A.O), I announced it to you for the first time with the tweet below. 37% with profit. Since the tweet was previously lost in the Twitter sea, I am sharing it again here. Before we get too far, let's take a look at our new chart.

Here to understand the graph to the guide to reading my analyzes you can reach.

If you are just getting started with technical analysis and want to get free training the first training you need to start from here you can reach.

THYAO According to the harmonic structure, which I colored in white for stock analysis, the chart targets are shown with the same colored price bubbles.

In the last part, there is pricing dangling below the narrowing triangle. For this reason, price bubbles marked in red are, as always, strong resistance zones in pullback scenarios.

Do not just evaluate THYAO stock in itself, for example, if you compare its charts with AAL (American Airlines) or SAVE (Spirit Airlines), you can see that their performance is similar during COVID. Since it has a large volume in the index slow is a stake. I will touch on why.

I would like to list the situations that make us think positively about the stock.

1. Unlike our previous analysis here, we know that the harmonic structure in the mustard tones formed here are the return signals of the bullish movements.
2. Positive mismatch on the daily chart given to us by the Mynameismoney RSI mismatch indicator
3. The positive mismatch given to us by the Mynameismoney MACD mismatch indicator on the daily chart

The scenarios I mentioned above and the fact that it now wants to find direction through a triangle that is stuck will show us new movements for THYAO stock.

The reason why I remind you that the stock has slow movements is that it has made its famous rise before. 469 days (around 1.5 years).

Possible pullbacks are possible. Especially with the US elections ahead of us, we will be very affected along with all the world stock markets.

Our analysis is strictly based on technical analysis only and is interpreted without looking at fundamental analysis issues.

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.