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Google Stock Analysis

12.11.2019

Market Review

Google was able to reach the level of 1318.50 thus achieving the target for the bullish move. This is a historical price that the stock has never reported before.

The price continues to move within the ascending channel above the 20-7-50 moving averages that form support levels and press it to the upside.

Stochastic has reached overbought territory and has come out of the downside, so we are likely to see a bearish correction in the price action of Google.

The general direction of movement is: bullish

Author: admin
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