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Google stock analysis 10.12.2019

10.12.2019

Market Review

Google shares continue to move within the ascending channel after breaking through the resistance 1332.21 and settled in trading above it.

As the price continues to move within the bullish channel above the moving averages 7-20-50 which forms support levels and presses it to rise towards the next resistance 1369.13

The stochastic oscillator has reached the overbought zone and its continuation within this region will push the price for more gains.

The general direction of the movement: an upward path.

Author: admin
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