#OTKAR Share Analysis by MyNameisMoney 15.11.2020

Our free technical analysis courses very popular. I am continuing my analysis so that you can 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, OTKAR share analysis (OTOKAR AUTOMOTIVE AND DEFENSE INDUSTRY) I will make it happen.

The price target for the mustard yellow harmonic pattern has actually arrived. Nevertheless, I have marked the long term target on the chart with the same color. This point is called the "Kingdom of the Patient Dervish". to give there are some reasons.

I made a projection for OTKAR share analysis until 2015. The region you see with the blue dashed line constitutes a serious resistance point. There is a situation that attracts our attention here. In case of the completion of the 3-way movement I marked in yellow, the targets of the stock are shown with red price tags.

Another point is the cup-handle pattern that I have shown in pink tones. The handle targets of this pattern have come and the cup targets remain.

Now we are confused. You are talking about 2 positive and one negative situation, so what should we do in this situation? In these situations, for those who will enter the position, it is necessary to see that it is permanent above the green arrow, otherwise there are great risks. For those who are in the stock, it may be possible to protect the position with a trailing stop. In this way, your losses will be within control in possible retracements.

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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