ASELSPrimary Uptrend and Secondary Trend

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ASELS Primary Uptrend and Secondary TrendAselsan Elektronik Sanayi ve Ticaret A.S. Class BBIST:ASELSUucnkASELS — Primary Uptrend Remains Intact While the Secondary Trend Reflects a Corrective Phase ASELS continues to preserve its long-term bullish structure within the broad ascending channel shown in green on the daily chart. The lower green trendline represents the primary dynamic support, while the upper boundary defines the long-term expansion area. Despite recent volatility, the price remains above the main rising support, indicating that the primary trend has not yet been technically invalidated. Within this broader bullish structure, the white descending lines represent the secondary trend: a corrective channel that has developed after the strong rally. This formation reflects short- to medium-term consolidation rather than a confirmed long-term bearish reversal. The price is currently approaching the intersection of the descending structure and the main ascending support, creating an important technical decision zone. The **320–330 region** stands out as the key dynamic support area. As long as this zone and the main rising trendline are preserved on a daily closing basis, the long-term positive structure may remain intact. On the upside, a confirmed breakout from the descending channel would initially bring the **380–400 region** into focus, followed by the upper sections of the primary rising channel. Conversely, a decisive daily close below the main ascending support would weaken the broader structure and increase the risk of a deeper correction toward the lower boundary of the secondary channel. In summary, ASELS remains in a long-term uptrend but is currently moving through a short- to medium-term corrective phase. The next directional move will likely be determined by whether the primary support holds or the descending channel is broken upward. *This analysis is for informational purposes only and does not constitute investment advice.*