At this juncture we can see a clear completed 5 waves structure for Google on the daily timeframe confirmed by a bullish divergence with the RSI.
It would be nice to see the prices fall between the $89-$91 area where we can find a cluster of fibonacci's ratios.
If prices manage to bounce back from this target or even slighter before, prices should at minimum travel to $113 level in a corrective manner. Even though, this might look exciting for bulls, it will only be a rally before resuming the downtrend that will push prices lower than the temporary low that Google will make soon.
Overall, I am expecting the bottom of Google to happen any time soon and a rally all the way up to $113 for the weeks to come.
It would be nice to see the prices fall between the $89-$91 area where we can find a cluster of fibonacci's ratios.
If prices manage to bounce back from this target or even slighter before, prices should at minimum travel to $113 level in a corrective manner. Even though, this might look exciting for bulls, it will only be a rally before resuming the downtrend that will push prices lower than the temporary low that Google will make soon.
Overall, I am expecting the bottom of Google to happen any time soon and a rally all the way up to $113 for the weeks to come.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.