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Google Stock Analysis

07.05.2019

Market Review

Google shares were affected by the rest of the US negative shares with the opening of trading this week as the stock opened trading with a price gap to lose the stock about $ 120 of its value.

The price is trading below the moving averages, especially the moving average 50 which has become resistance to the price.

This move pushed the Stochastic to the oversold areas and is trying to get out of it and push the price higher.

The movement is not clear so we commit to neutrality

Author: admin
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