In dollar terms, the Turkish Banking Index is in a long-term squeeze.
With the new works that started to arrive, albeit late, after the Lira's compression, we can see that the index can throw itself back to the upper band at the end of 2020 and at the beginning of 2021.
The estimated return on a rise up to horizontal resistance will also be over 200%...
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The increase will be vanished coming soon but no exact comment can be made, whenever decrease of usd/try stops, the banking stocks will go into recession too.
Dolarin dususu durunca bankacilik hisseleri de ivmelerini kaybedeceklerdir.
