Superficial Stock Analysis: FENER - 11

Hello to everyone. I will make a brief evaluation of FENER shares traded in Borsa Istanbul.

The last time I posted about this topic was 5 days ago. At that time, the stock price was 33.34 TL. And I said in that article that unless there is an extreme situation, the price will pause at these levels for a while, but I do not expect a decrease.

Although Stock gave a good buy-sell opportunity today, the price was still at the expected level at the close.

Stock price hovered between 31.06 and 32.88 today. And the session was closed with a price of 32.88.

The technical analysis needle of the site (tradingview.com) I used to cut the images is in the "buy" status for the stock.

Fenerbahce Futbol A.S. There have been important developments in the last two days. Yesterday, the club president made a press statement. He said that four or five points will be transferred and that a player can be sold for 15 million euros. He said that he will continue with a foreign and high-level coach in the new season.

These were important statements for FENER stock. In my estimation, stock may price these expectations for a few days. But that's definitely just my guess. But even if there isn't an uptrend, I still don't expect a drop in the short term unless there is a major setback.

However, these are all my subjective views. I don't want it to be perceived as investment advice. You have to make your investment decisions entirely yourself.

Note: I translated the article from Turkish with Google Translate. I'm sorry for this.

İmages: source