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Google Stock Analysis 22.10.2019

22.10.2019

Market Review

Google shares have entered the ascending channel where it has been moving for three weeks, benefiting from the positive support of the moving averages.

The price is moving above the 20-7-50 moving averages that form support levels and press it to rise.

The Stochastic is giving a bearish signal within the overbought area, so a breakout from this zone will push the price down

The general direction of movement is:  Bullish

Author: admin
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