#ALBRK Share Analysis by MyNameisMoney 18.09.2020

ALBRK this is the first time I'm sharing share analysis. (ALBARAKA TÜRK KATILIM BANKASI A.Ş) I had never looked at this stock on our website before. After my free course which you can access from the link, I wanted to share my cat opinion based on the work of one of our followers.

The mustard-colored harmonic pattern formed in the last section and the price bubbles and targets with the same colors are shown on the chart.

Possible downside retracement points are also indicated by red price bubbles. Normally, although the pricing that may occur below 1.17 TL disrupts this harmonic structure, the limits of the purple colored harmonic behind it support upward movements again.

The desire to complete the 3-way movement within the shrinking structure means that the stock will retreat to the 1 TL band. However, reaction purchases can be expected up to the blue size you will see on the left of the chart.

As I always say, these downturns are the end of the world for some, but for others they are an opportunity.

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.

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