Hey bro, yesterday we got Alnus’ AYDEM meeting notes, Kuveyt Türk’s Q2 2026 balance sheet assessment, and VakıfBank’s weekly report 📉📈. Interest rates, balance sheet expectations, technical indicators… everything’s all over the place, huh?
In yesterday’s reports, especially after VakıfBank saying “weak outlook for the stock,” I got stuck on BIST100’s 50 and 200-day moving averages. What do you think makes more sense to focus on in technical analysis right now?
For example, I’m looking at:
- Using Fibonacci retracement levels to identify support/resistance
- Checking RSI for overbought/oversold zones
- Tracking liquidity with volume analysis
But some guys are just focused solely on MACD. What’s your take?
Are breakouts in low volume reliable? Or is trend-following more profitable these days?
Let’s hear your thoughts, bro!
Where Should We Look Now in Technical Analysis? What Does It Mean This Week?
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Man, I went through the same struggle recently bro, especially with BIST100 sending mixed signals like that—my head was all over the place. For a while, I just kept staring at the RSI thinking, "Hmm, won’t it bounce back at this level?" But then those tiny drops in volume threw me off with confusing signals. Luckily, I later brought Fibonacci into the mix, and things got a bit clearer because remembering how many times the stock found support at certain levels made decisions way easier.
Now I don’t really trust volume breakouts as much either, especially when volume is low—usually ends up in this "Is it gonna fizzle out or is it a real trend?" dilemma. I think, like you said, combining trend-following with Fibonacci could give solid results. VakıfBank’s report even stressed that if the outlook looks weak, you gotta be extra careful with your support/resistance levels. Checking MACD isn’t bad either, but it’s not the be-all-end-all—mixing different tools together is way more reliable, bro.