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Google Analysis

19.02.2019

Market Review

Google shares are still moving within the ascending channel that has been moving since the beginning of the year as the price fluctuates around the resistance level at 1127.23 in a bullish upward path

Moving averages support this bullish movement as we have a bullish order of the moving averages 7-20-50 below the price to give it stability and support to continue the upside.

Stochastic in the ascending path gives a signal for the readiness of the cross and therefore if this is done we are expected to see a correction of the price towards the minimum of the ascending channel.

The range of motion between support 1090.00 and resistance: 1160.00

Author: admin
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