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Google Analysis 16.04.2019

16.04.2019

Market Review

Google shares continue to trade within the rising channel that has been moving in since the beginning of this year and is approaching the summit formed since March.

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

The Stochastic indicator gives positive signals for continued bullishness as it is on a bullish path towards the overbought area.

Range of movement between support 1137.90 and resistance: 1236.30

Author: admin
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