09.07.2019
Google shares were unable to breach the resistance at 1136.60 as the SMA 50 formed a barrier to the price and pushed it down again.
Price action under the negative pressure effect of the moving averages, especially the moving average 50 which approached the resistance 1136.14.
The moving average 20 moves below the price and forms the first support level for the price.
Stochastic in the overbought area will push the price to test support levels at the 7-20 moving averages.
General direction of the movement: a downward trend.
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