16.07.2019
Google shares broke through the resistance at 1137.55 and closed above it to continue moving within the ascending channel. Where the SMA 50 formed a barrier to the price but managed to break through it and move above it.
Price movement under the influence of positive pressure of the moving averages that move below the price and constitute levels of support for it.
Stochastic in the overbought area will push the price to test support levels at the 7-20 moving averages.
General direction of the movement: ascending path.
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