years on the market

Google Stock Analysis

Google shares return to the channel, which was traded after the jump formed by the past two weeks. To open today with a bearish price gap.

The 20 MA is a support level near the 38.2 Fibonacci retracement level.

The price action is under the positive pressure of the 20-50 moving averages that are moving below

the price and forming support levels, while the moving average 7 forms a resistance level.

Stochastic is in a bullish move which reflects the strength of the price support

The general direction of the movement: a bullish path

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