Has Googles pullback from 150 finished and will it move higher from 108?
Looks like it made a double bottom ish pattern from Sept 22 to Mar 23.
Some good volume buying to back up the breakout/reversal, and any good news e.g. AI, digital revenues etc. will help. Negartive news e.g. Regulation, privacy laws etc. will act as headwinds.
Price is now above the 50 EMA so this could act as support.
Looks like it made a double bottom ish pattern from Sept 22 to Mar 23.
Some good volume buying to back up the breakout/reversal, and any good news e.g. AI, digital revenues etc. will help. Negartive news e.g. Regulation, privacy laws etc. will act as headwinds.
Price is now above the 50 EMA so this could act as support.
Note
Doing nicely (so far)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.