#MAVI Share Analysis by MyNameisMoney 14.09.2020

BLUE this is the first time I'm sharing share analysis. (BLUE CLOTHING INDUSTRY AND TRADE CO.) I had never looked at this stock 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.

Now that you know me, we will perform our analysis with daily candlestick charts, as momentary ups and downs do not concern us.

This time I used a different coloring on the chart, with red dashed lines representing support points and blue dashed lines representing resistance points.

When we look at the blue share analysis since August 2018, we see that it has been moving in the blue colored channel for a long time. It should be noted here that the lower band of this channel will serve us as resistance in the future.

Apart from these, there are 2 different harmonic patterns. The mustard-colored one represents the bull market, while the pink-toned one heralds a turn for the bear market. I have marked target price bubbles in the same colors on the chart.

Again, the green and red arrows on the chart give us important clues about the direction of the stock. Triangle patterns will show us the stop directions of the stock.

For Mavi share analysis, harmonic patterns will want to maintain their targets unless they fall below 29.92 TL. While these declines are the end of the world for some, they are an opportunity for some of us.

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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