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Google Analysis 12.02.2019

12.02.2019

Market Review

Google shares fell from last week's high and reached the support level at the bottom of the ascending channel in which it trades.

Moving between the moving average 7 which is above the price and the moving average 20 which is support for the price at 1090.50 near the minimum of the ascending channel

Stochastic has reached the oversold area in a negative signal for the price so we can see an attempt from the price to breach the support level at 1089.90

The range of movement between support 1090.00 and resistance: 1151.95

Author: admin
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