The stock price is moving in to rectangle zone. Prices are bouncing back from the rectangle top level, however reactions are always having a higher low levels. Moving average is above the resistance and already done a pull back.
The rectangle area is 3.80 TL and the reference level is 12.37. Target level is 16.17 TL. StopLoss: 11.42
Potential profit per share= 3.80 TL
Potential loss per share= 0.95
ROI= 4.00 (Strong) That means, the position can recover from 4 stoploss without any loss by hitting the target once.
The rectangle area is 3.80 TL and the reference level is 12.37. Target level is 16.17 TL. StopLoss: 11.42
Potential profit per share= 3.80 TL
Potential loss per share= 0.95
ROI= 4.00 (Strong) That means, the position can recover from 4 stoploss without any loss by hitting the target once.