alicanb

EREGL at the bottom of its channel in loggraph.

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alicanb Atualizado   
BIST:EREGL   EREGLI DEMIR CELIK
I think it's time to accumulate EREGL as long as the price is between 33.00 - 36.00 TL. It is already oversold due to Arcelor Mittal batch-selling.

Two levels that are important are indicated in the chart, both of them are as a result of simple Price Action, and will most probably act as resistances.

FEF1! is not bad either, which will support EREGL's quarterly revenues for the upcoming months.
Comentário:
Daily 200 MA is also a support at the bottom of this channel and working as a support as well.

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