#OSTIM Stock Technical Analysis by MyNameisMoney 22.06.2020

I thought it might be more practical to share here for those who have a hard time finding my analyses that I share on Twitter. At least if we don't like it, we can go back to the old order 🙂 ðŸ™'

#OSTIM I have never looked at this stock before. I am looking at it on a request from one of my followers. In this way, there will be diversity and there may be an opportunity for us to identify different charts.

In order to create a safer investment plan for ourselves, this time we are analyzing with weekly candlestick charts. At 1.45 TL, it gave an incredibly good buying opportunity. Since it realized the first 2 targets of the yellow-toned harmonic structure "Kingdom of the Patient Dervish" you can see the target in the price bubble that I have indicated in the same color.

First of all, I drew a line above and below the harmonic structure between the support and resistance zones. running flat warns us that a pullback may precede a rise.

We see a structure that has maintained its trend in a rising parallel channel since the end of March. We have experienced many times together that this situation will not last forever.

There is a saying that our ancestors advised, "no frost on the unborn baby" It would not be right to speak prematurely for patterns that have not yet formed. But when calculating probabilities, if this bullish Elliott Wave PrincipleIf it moves according to the fibonacci 0.618 point of the 1st wave, the possibility of a retracement to 2.01 TL points to 2.01 TL.

A possible correction in the index -and I'm so tired of saying that he'll be back any minute- There may be a pullback to the first harmonic target of fibonacci 0.382. Never say never say never.

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 is "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 can send your questions and suggestions here or on twitter.