How Did Trump and Xi Move from Tariff War to Trade Truce?
📊 GOOGL — Piyasa Yorumu
▲ up · 55%The news points to a positive development regarding the easing of US-China trade tensions; such news could increase risk appetite for technology stocks. GOOGL's technical indicators are moderately positive: the price is above the 20-day and 50-day SMAs, the RSI at 56 is not in overbought territory, and the MACD is slightly above its signal line. There has been a 1.48% increase in the last 24 hours, but the impact of this news may be limited because the market may react quickly to such geopolitical developments and then pull back. In the short term (1-3 days), an upward movement is possible, but the confidence level is moderate; the news does not include a concrete agreement and general market conditions create uncertainty.
📊 BABA — Piyasa Yorumu
▲ up · 55%The news carries a positive tone regarding the easing of US-China trade tensions and could increase risk appetite in the short term for China-exposed stocks like BABA. Technical indicators are already strong: the price is above the SMA20 and SMA50, MACD is above the signal line, and the 24-hour change is positive. However, with RSI at 69.5, it is close to overbought territory, which could limit upside potential and increase the risk of profit-taking. Since the news does not contain a concrete agreement and uncertainty persists, the bullish signal is cautious. In the short term, I expect a slight upward trend, but there may be fluctuations in the 113-115 resistance zone.
📊 JD — Piyasa Yorumu
■ neutral · 55%The news points to a positive development regarding the easing of US-China trade tensions and is potentially supportive for Chinese e-commerce stocks like JD. However, the headline is a general assessment and does not include a concrete agreement or policy change, so its impact may be limited. Technical indicators are mixed: RSI at 47 is neutral, MACD is in negative territory but slightly above the signal line, and the price is moving sideways just below the SMA20 and SMA50. In the short term, the optimism created by the news may provide a limited upward movement, but additional confirmation is needed for a clear trend reversal. Therefore, I maintain a neutral stance for the 1-3 day outlook.