Short Selling Ban Lifted on Borsa Istanbul
📊 XU100 — Piyasa Yorumu
▼ down · 60%The removal of the short selling ban could amplify short-term selling pressure. Technical indicators already present a weak outlook, with the RSI at 42, nearing the sell zone, and the MACD below the signal line and negative. The price is trading below both the 20-day and 50-day moving averages. Therefore, the index is likely to maintain its downward trend in the short term.
📊 GOOGL — Piyasa Yorumu
▼ down · 65%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 presents a technically weak outlook. The lifting of the short-selling ban could be considered a factor that may increase selling pressure in the short term. Therefore, the likelihood of the downtrend continuing in the near term appears high.