Kazakh Giant to Acquire Bank in Turkey: Approval Received

GOOGL shares have lost more than 6% in the last 24 hours, closing at $345.36. While the RSI at 37.3 approaches oversold territory, the MACD line remains below the signal line and in negative territory. Trading below the 20-day simple moving average ($347.41) and the 50-day simple moving average ($359.49) indicates short-term weakness. Although the news headline is not directly related to GOOGL, it may be considered a geopolitical development that could affect overall market sentiment. Due to the deterioration in technical indicators and loss of momentum, the short-term downtrend is likely to continue.

AKBNK shares fell 3.46% in the last close, trading at 78.15 TL. Although the RSI at 34.4 approaches oversold territory, the MACD line remains below the signal line and in negative territory, confirming weak momentum. The price has fallen below both the 20-day (80.19) and 50-day (80.87) moving averages. The bank acquisition mentioned in the news headline may create short-term uncertainty, but the current technical outlook suggests that downside pressure could persist.