A stock which has been battered in recent times.
Technically there is a tripe positive divergence in the rsi and the stock has nicely bounced off support and is showing tremendous power in a weak market could be signs its bottomed out.
I'd be a littel cautious coz the result might not be the best for this co coz of the volatility in the turkish lira where it does get some part of its revenue from.
For now would take an allocation of 4% and relook it after this correction is over.
Technically there is a tripe positive divergence in the rsi and the stock has nicely bounced off support and is showing tremendous power in a weak market could be signs its bottomed out.
I'd be a littel cautious coz the result might not be the best for this co coz of the volatility in the turkish lira where it does get some part of its revenue from.
For now would take an allocation of 4% and relook it after this correction is over.