Attrition

PRDGS Very Likely At Its Bottom

做多
BIST:PRDGS   PARDUS GIRISIM
PRDGS will probably start its bounce starting from Monday next week and possibly extend it with the announcement of the quarterly balance sheet.
We can clearly see the 5 wave Elliot Wave and that the sellers are exhausted with the Weiss Wave Analysis, also a nice sign that the weekly closure was above the lower 1.618 fib line and depending on how the broad XU100 does this might probably be the end of a near 3 month downtrend.

Be greedy when others are fearful and be fearful when others are greedy!

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