European Parliament Switches from Google to French Search Engine
📊 GOOGL — Piyasa Yorumu
▼ down · 70%The news indicates that Google has lost a significant customer in Europe, which could heighten concerns over revenue loss. Technical indicators are in oversold territory (RSI 14.8), and the MACD is in negative territory, suggesting that selling pressure may continue. The short-term downtrend is likely to persist, though some recovery may occur due to oversold conditions.
📊 GOOG — Piyasa Yorumu
▼ down · 70%The news indicates that Google has lost a significant customer in Europe, which could heighten concerns over revenue loss. Technical indicators are in oversold territory (RSI 14.45), and the price is below both the 20-day and 50-day moving averages, signaling weak momentum. The MACD line is below the signal line and in negative territory, confirming continued selling pressure. The 6.4% decline over the past 24 hours may be seen as an early reaction to the news, and further downside movement is expected in the short term. However, the possibility of some technical correction due to oversold conditions should not be ruled out.