Turkey's Capital Markets Board Extends Short Selling Ban Until May 26
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%The news pertains to general market regulations and does not have a direct impact on GOOGL stock. Technical indicators show the RSI approaching overbought territory at 68, while the MACD remains below its signal line. This suggests that upward momentum may weaken in the short term. However, the stock continues to trade above its 20- and 50-day moving averages. Therefore, further catalysts should be awaited to determine a clear direction.
📊 XU100 — Piyasa Yorumu
■ neutral · 60%The Capital Markets Board's (CMB) extension of the short selling ban could reduce short-term speculative pressure and bring stability to the market. However, such regulatory moves typically have a limited and temporary impact. Technical indicators show the RSI at 61 and the MACD crossing below its signal line, suggesting weakening upward momentum. While the price remains above the 20- and 50-day moving averages, which is positive, more catalysts are needed to determine a clear short-term direction. Therefore, the market is expected to trade sideways.