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Google Stock analysis 17.12.2019

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 is moving near the overbought zone and its continuation near this zone will push the price for more gains.

Expected trend for today: bullish.

Author: admin
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