Google stock analysis 25.06.2019

Google shares rise after the decline to surpass the resistance 1099.43 at 61.8% Fibonacci retracement, where it managed to break through the resistance and close above it.

Price action under the negative pressure effect of the moving averages, especially the moving average 50 which approached the resistance 1137.14. And the moving average 20 which is moving below the price.

Stochastic is due to movement within the areas of saturation of the purchase in reference to the continuation of the rise as long as the index did not come out of this region.

General direction of the movement: ascending path.