Halkbank: Criminal Case to Close if US Petition Approved

The potential closure of Halkbank's criminal case in the US could serve as a positive catalyst for the stock. However, technical indicators present a weak outlook: the RSI at 42 is near the sell zone, the MACD is below its signal line, and the price is trading below both the 20-day and 50-day moving averages. The recent 3% decline at the last close confirms short-term pressure. While the news is positive, the technical picture may take time to recover, and the upside could remain limited.

Although the direct impact of the Halkbank news on GOOGL shares is limited, geopolitical uncertainties could increase selling pressure on technology stocks. Technical indicators already present a weak outlook: the RSI is approaching oversold territory at 37, while the MACD is below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages and has lost more than 3% in the last 24 hours. In the short term, the downtrend is likely to continue, but the RSI entering oversold territory could also trigger a potential rebound buying.