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Google Analysis 09.04.2019

09.04.2019

Market Review

Google shares continue to trade within the ascending channel that has been moving since the beginning of this year after trying last week to test the support 1172.41 could not penetrate to bounce up and continue to move the upside which is trading within it.

The moving averages give price stability to the upside as it moves below it in a bullish order of 7-20-50, respectively.

Stochastic gives negative bearish signals as it is a negative cross forming and prepares to break out of the overbought area.

The range of movement between support 1137.90 and resistance 1236.30.

Author: admin
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