GOOG shows a failure to complete a bottom. The stock moved up and above the resistance level that needs to sustain to complete its bottom, but it failed to sustain the gains.
This stock was part of the last New Tech Virtual Course I did, since it is developing several new technologies for its own use and to sell to other companies. AI is the big competition area right now, so GOOG may see added volatility this year as the market reacts to AI feature releases, as it did today.
But the support range at the lows of this bottom formation is strong due to a Dark Pool Buy Zone that has been consistent.
This stock was part of the last New Tech Virtual Course I did, since it is developing several new technologies for its own use and to sell to other companies. AI is the big competition area right now, so GOOG may see added volatility this year as the market reacts to AI feature releases, as it did today.
But the support range at the lows of this bottom formation is strong due to a Dark Pool Buy Zone that has been consistent.
Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
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Martha Stokes, CMT
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Chartered Market Technician
Co-founder, CEO & Head Instructor at TechniTrader
Learn more at the TechniTrader Learning Center: ttrader.im/learning-center
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.