The 7 May earnings release, showing a sharp year-on-year drop in net profit, looks like the main catalyst behind the move from 25.04 to 23.16 over the following sessions. Reading the daily and weekly structure together, this is less a clean trend reversal and more a repricing phase after a strong prior advance. Today’s turnover of 319.5m TRY was still meaningful, yet the drop from 23.68 to 23.16 shows that selling pressure was active rather than passive. Intraday, there was a sharp rebound attempt around 16:40 up to 23.66 on heavy volume, but it failed to persist and price faded into the close, which signals weak follow-through. The order book shows a near-term cushion around 23.32–23.38, but an overhead supply wall around 23.64–23.66 limits upside progress. This creates a narrow, compressed range where liquidity is being absorbed rather than a directional breakout forming. The key signal is the combination of post-news medium-term weakness and capped upside in the book. In terms of velocity, the quick intraday spikes were not converted into closing strength, so momentum remains fragile.