#KATMR Share Technical Analysis by MyNameisMoney 05.08.2020

KATMR this is the first time I'm sharing share analysis. (KATMERCİLER VEHICLE MOUNTED EQUIPMENT INDUSTRY AND TRADE CO.) I had never looked at this stock before. I look at it as a light for those who are hesitant.

According to the harmonic structure I painted in yellow color for KATMR share analysis 2.56 TLgave an incredibly good buying opportunity. I hope that the charts are getting easier to understand now that you are used to my previous analysis. The chart targets of the yellow structure are again shown with the same colored price bubble. This time, the reason for giving a "Ultra Patient Dervish Kingdom" target next to the "Patient Dervish Kingdom" target is that the other 2 signals support us that the stock can test these points.

The first signal is in rose-pink tones reminiscent of the late Barış Manço "cup - handle formation". The target belonging to this formation is also labeled in the same tone.

The second signal, if you have seen our narrowing triangle, is the ABC trifecta wave that completes its movement inside the triangle and the green-labeled price that we expect to rise as high as the entry length.

But what you need to watch out for is that if the stock moves below this triangle, it will test the red price bubbles mentioned below.

Although the pressure for the index continues, the red colored price bubbles are strong support points and it is very possible that they will be tested. Nevertheless, these points do not constitute an obstacle for the above mentioned pattern.

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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