DEVA hit its bottom of the channel the last Tuesday. So this analysis is 3 days too late to be honest.
However, it is still looking great and the Risk Profit Ratio is pretty decent still.
Under 35.00 TL is risky, but other than that, I would accumulate DEVA in the upcoming week. There is a chance that it will re-try the bottom of the channel and get its confirmation around 38.00 TL which I would not miss for sure.
The fundamentals are strong and there's no strong reason why it would go down 47% from its peak.
However, it is still looking great and the Risk Profit Ratio is pretty decent still.
Under 35.00 TL is risky, but other than that, I would accumulate DEVA in the upcoming week. There is a chance that it will re-try the bottom of the channel and get its confirmation around 38.00 TL which I would not miss for sure.
The fundamentals are strong and there's no strong reason why it would go down 47% from its peak.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.