20.08.2019
Google's stock continues to move within the channel, which was trading after the jump formed by the past two weeks. To open the week with a bullish price gap.
The 20 MA is a support level near the 38.2 Fibonacci retracement level.
The price action is under the positive pressure of the moving averages 7- 20-50 that move below the price and form support levels.
Stochastic is in a bullish move which reflects the strength of the price support.
The general direction of the movement: a bullish path.
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