Turkey's Capital Markets Board Extends Short Selling Ban
The Capital Markets Board of Turkey (SPK) has decided to extend the short selling ban it implemented to maintain stability in the markets. With this step, the board aims to reinforce investor confidence during a period of high volatility.
The ban was introduced to prevent speculative pressure on certain stocks. In its statement, the SPK noted that the measure will remain in effect as long as market conditions require.
The extension decision is being closely monitored, especially by short-term traders. Experts state that such regulations may temporarily affect market depth but reduce systemic risks.
This is not investment advice.
📊 GOOGL — Piyasa Yorumu
▼ down · 60%GOOGL shares fell 1.6% in the last close, with the RSI dropping below 30, entering oversold territory. The MACD line remains below the signal line and in negative territory, confirming weak momentum. The price is trading below both the 20-day and 50-day simple moving averages. The extension of the short-selling ban by the Capital Markets Board (SPK) may create short-term pressure on the market. Due to the weakness in technical indicators and the negative impact of the news, a bearish trend is expected in the short term.
RSI 14
29.8
MACD
-1.87
24h Δ
-1.60%
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