Short Selling Ban Lifted on Borsa Istanbul
📊 GOOGL — Piyasa Yorumu
▼ down · 70%Although GOOGL shares closed down 2.9% in the last session and the RSI at 33.4 is approaching oversold territory, MACD values remain negative and below the signal line. Trading below the 20- and 50-day moving averages keeps the technical outlook weak. The lifting of the short-selling ban could be seen as a factor that may increase selling pressure in the short term. Therefore, the likelihood of the downtrend continuing in the near term appears high.
📊 XU100 — Piyasa Yorumu
▲ up · 60%The lifting of the short selling ban could increase trading volume in the market and create expectations of a short-term recovery. Although technical indicators are weak, the RSI at 42 suggests that the oversold region is approaching. Despite the MACD being in negative territory, a short-term upward movement may be observed with the removal of the ban. However, being below the 20- and 50-day moving averages indicates that the upside may be limited. Therefore, the direction is assessed as upward with cautious optimism.