#FONET Share Analysis by MyNameisMoney 04.11.2020

Our free technical analysis courses very popular. I am continuing my analysis for you to practice. I will only interpret the chart without looking at the fundamental analysis data of the stock. Since this analysis was in high demand as a result of the survey I launched yesterday, FONET share analysis (FONET BİLGI TEKNOLOJLERI A.Ş) I will make it happen.

The price targets belonging to the mustard yellow harmonic pattern are also marked on the chart with the same colored price bubble. We can also call it the traditional "Kingdom of the Patient Dervish" target.

For FONET share analysis, we see that the share movements from the farmonic pattern to today are progressing in a triangle and have completed the triple movement in this region. The possibility here is that a reaction purchase may now take place. If the support I show with the green arrow does not work, it can be expected to test the price indicated in red below.

The important point is that if we do not enter without confirmation of a bullish move, we need confirmation of a bearish move as well. In this way, single candle and sometimes even 3 candle misleading movements can occur.

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. In addition, the mentioned training is available free of charge both on the site and on Youtube channel is now available on the website.

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