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Google Stock Analysis

03.12.2019

Market Review

Google continues to move within the ascending channel after breaching support 1295.55.

The price continues to move within the ascending channel above SMA 50, which forms a support level and pressures it to rise.

Stochastic is in a downtrend towards oversold area and signals a continuation of the bearish correction to SMA 50.

The general direction of movement is:  Bullish.

Author: admin
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