possible top around here and strong selloff. could drop below 1200$.
looking for strong bounce if price holds above 540$ & equity markets continue to go up.
looking for another ATH near 150$ , if equity market rebounds. Stop level : 105$ or lower daily close.
Please note that ; this is not a technical anaylsis , just another different long term projection. agree /or not agree , comments are welcome here. ^^
Please note that ; this is not a technical anaylsis , just another different long term projection. agree /or not agree , comments are welcome here. ^^
please note that ; this is not a technical analysis , just a different long term projection. ^^ good luck.
a different perspective of equity markets performance , market is beating the covid-19 fear , but ongoing recovery seems too optimistic for now , many stocks have unrealistic overvaluations and many of them have undervaluations as well. entire global markets could go deeper corrections & rebalance before the next robust recovery. trade at your own risk. good luck.
looking for another bounce before the next bear market.
there is still chance for 1.25-1.27 range for EURUSD pair .
TRY can get even weaker through mid 2021. strong recovery possible following it , especially after 2021.
if equity markets able to bounce again , clf shares can target for mid 20s. stop below 12.00$.
it can dive to the bottom once again ... stop above 180$ Oo
as long as this "buy the dip" hype continues , this market still can run up for another 15 to 20%. wait for breakdown & confirmation for bearish confidence. good luck.
possible rebound soon. target : 58.000$ +
looking for another big drop soon. then long term recovery.