"The stability above the current support level pushes the stock to change its direction in the short term and enters into a sideways movement between the level of 11.5 and 19-20 in the medium term. The entire sector is optimistic about an interest rate cut, which is expected to start its first cut in September, as it benefits from the reduction in financing costs, which the sector currently needs."
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.