Superficial Stock Analysis: FENER - 9

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

I wrote about it 10 days ago for the last time. We closed the last week with a nice rise. With the champion Beşiktaş winning the Turkish Cup, Fenerbahçe got the ticket to the UEFA Europa League. I think this situation has an effect on the rise.

The price came here from 21.5 s. Now it is time for Fenerbahçe to build up. There is an election in a week or two. The new president and administration will be determined. The current president Ali Koç announced that he was a candidate again. This is a situation that strengthens Fenerbahçe's hand. At the same time, Fenerbahçe wants to start the new season with a strong worldwide coach. I think they will be looking for this.

In fact, Fenerbahçe's squad is quite adequate, except for the need for a striker. However, I think this staff could not be organized well this year. I think the management will make a few transfers anyway, even for the show, even if it's wrong for me.

I also know that sports stocks generally increase in summer. The same situation happened last summer. This can trigger this situation in future developments.

The technical analysis of the Tradingview site that I used to create the images also shows "buy" for the stock. Of course, this could also be due to good performance last week.

The excitement started last week. I guess this summer will be such an exciting and beautiful summer.

What I write is never for investment advice. Decide on your investments. These are the evaluations and estimates I have made for the stock of my favorite team.

I translated the article from Turkish with Google Translate. Sorry.

İmages: source