ASELSAN Signs $1.1 Billion Contract

ASELSAN's signing of a $1.1 billion contract is a strong fundamental catalyst for the company and positive in terms of medium-to-long-term revenue visibility. The price is trading at 343.5, above the SMA50 (341.7) but below the SMA20 (346.3); in the short term, the 346-347 resistance zone is critical. RSI at 47 is neutral, MACD is below the signal line and slightly negative; momentum has not yet been fully confirmed by the news. If a close above 346 occurs on the back of the news, upward movement could accelerate; otherwise, the 341-343 support band should be monitored. I expect a moderately positive reaction in the short term, but rather than aggressive buying on the news alone, it would be healthier to seek confirmation.

The news headline is about ASELSAN and has no direct connection to GOOGL (Alphabet) stock; therefore, no meaningful short-term impact on GOOGL is expected. Technical indicators already point to a weak picture: a sharp 13.8% decline in the last 24 hours, RSI14 at 30.8 near the oversold threshold, and the price remaining below the SMA20 and SMA50. Although MACD is in negative territory, it is above the signal line, which may indicate limited recovery potential in the short term. However, due to the irrelevance of the news, directional uncertainty is high, and the current downtrend alone could sustain selling pressure. Therefore, a neutral stance and low confidence level are deemed appropriate.