Reacting to the major support zone of 350–370 TRY, #BRSAN has shown some activity spikes. Above, there are two strong dynamic resistances — the descending trendline and the 200-day SMA. Since they are tangent, their importance is even higher.
A strong breakout above both could signal the start of a new trend. We also need to see a spike in trading volume to confirm it.
This is not a recommendation, just an observation.
A strong breakout above both could signal the start of a new trend. We also need to see a spike in trading volume to confirm it.
This is not a recommendation, just an observation.
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