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Google stock analysis

19.06.2020

Market Review

 

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Google's stock started moving within a lateral path after exiting the bullish channel that was moving within it. The stock started the sideways movement between the support level 1376.88 and the resistance level 1470.58.

The stock is moving above the moving averages, especially average 20 and medium 7, which are the first levels of price support.

The stochastic oscillator is moving upwards so we could see a price attempt to test the 1470.58 resistance.

The general path of the lateral movement tends to climb

Author: admin
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