As you see in the 1H chart, after a strong uptrend, price has started to rest and bounce sideways.
There are downside and upside moves in the sideway zone, and currently, the ascending trend line of the last upside move is broken out to the downside and price has started a sharp downtrend.
I expect a drop on price with two targets:
First to $2893 and in the case of a downside breakout on this level, the next target for GOOGLE is $2869
Are you into stocks?
What is your outlook on GOOGLE?
Feel free to share your ideas in the comments.
There are downside and upside moves in the sideway zone, and currently, the ascending trend line of the last upside move is broken out to the downside and price has started a sharp downtrend.
I expect a drop on price with two targets:
First to $2893 and in the case of a downside breakout on this level, the next target for GOOGLE is $2869
Are you into stocks?
What is your outlook on GOOGLE?
Feel free to share your ideas in the comments.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.