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, the MACD remains negative and below the signal line. Trading below the 20- and 50-day moving averages confirms short-term weakness. The lifting of the short-selling ban could be seen as a development that may increase selling pressure in the market. 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 is seen as a positive development that could increase trading volume and liquidity in the market. However, technical indicators present a weak outlook: RSI is near oversold territory at 37, MACD is in negative territory, and the price is below both the 20-day and 50-day moving averages. In the short term, optimism from this news may trigger a relief rally, but stronger signals are needed for a trend reversal. Investors should remain cautious and monitor the sustainability of any potential upside.