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Google Analysis 22.01.2019

22.01.2019

Market Review

Google is on the upside for the third consecutive week as it approaches the top at 1125.39

The moving averages support the upside move as the moving average 7 moves below and near the price to give it support for the upside move while the SMA 20 intersects the SMA 50 and forms a support level near the Fibonacci 23.6%

Stochastic in the area of saturation of the purchase in the reflection of the upward movement and if the movement continues within this area is likely to see more price rises

Range of movement between support 1057.71 and resistance: 1125.39

Author: admin
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