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Google Analysis 23.04.2019

23.04.2019

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.

Where the price reached resistance 1254.18, a double top level formed last September

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 is giving negative signals as it moves within the overbought area and therefore leaving the region may lead to correction in the price movement

Range of motion between support 1210.00 and resistance: 1271.34

Author: admin
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