SOKE DEGIRMENCILIK

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SOKE DEGIRMENCILIK

SOKE is exhibiting a downward trend with a foreign ownership ratio of 0.58, leading to price movements with minimal trading volume. For positions aimed at net buying, it is anticipated that the stock should price above the 16.16 level. An analysis of fundamental data reveals a price-to-earnings ratio indicating a return on assets of -11.5, while its debt burden appears not excessively high relative to equity. Given this near-negative fundamental data and a negative technical outlook, investment in this stock is not considered advisable. However, if the 16.16 level is surpassed, taking buying positions might be considered. Key support levels are identified at 10.74 and 12.33. To overcome the 16.16 level, a breakthrough of the 14.83 level is necessary. Considering the inflationary environment, expected percentage gains might not be satisfactory. Therefore, in the context of geopolitical risk, shifting investments primarily to gold or taking positions in commodities may be recommended.