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Turkcell Iletisim (TKC) Message Board

  • stephen_steinberg stephen_steinberg Mar 8, 2010 7:11 PM Flag

    Done moving down in the short-term

    Disclosure: I am a shareholder.

    I think, for the short-term, we are done going down. The overall market still has strong technicals backing it. As far as the individual stock, RSI is not hitting new lows anymore, and we are very close to moving above the 20-day SMA. If we break above $16 in the next 2 days, I think we can expect to test the highs over the next 2 months.

 
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