Fund Selling in BIST 30 Stocks: Liquidation Process Begins

The news implies the start of fund selling and a liquidation process in BIST 30 stocks; such institutional outflows could create selling pressure in the short term. Technical indicators are mixed: the price is above the SMA20 but below the SMA50, RSI at 51 is in neutral territory, and MACD is negative below the signal line. Despite a 0.65% rise in the last 24 hours, momentum is weak, which may support the downward impact of the news. However, the fact that RSI is not in oversold territory and the price holds above the SMA20 suggests that the decline may be limited. Therefore, I expect a slightly downward trend in the 1-3 day outlook, but confidence is moderate.

The news headline points to fund sales and a liquidation process involving BIST 30 stocks; however, since the symbol is GOOGL, this news does not directly affect GOOGL's price, so the impact should be considered neutral. GOOGL's technical picture is weak: the price is below SMA20 and SMA50, MACD is in negative territory, and RSI14 stands at 36, meaning momentum is downward but close to oversold territory. In the short term, the 279-280 band may serve as support; sustained trading below this level could increase selling pressure. Since the news has no direct effect on GOOGL, confidence for a directional call should be kept low. Overall, the 1-3 day outlook is neutral-to-bearish, but no news-driven catalyst is expected.