27.08.2019
Google shares emerged from the falling channel, which was trading with the closure of last week and tried yesterday to return to it.
SMA 50 formed a support level and stopped the price decline while SMA 20 formed a support level near the 38.2 Fibonacci retracement level.
The Stochastic is in a bearish move which signals the possibility of the price returning to test the support.
The general direction of the movement: a downtrend.
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