• GOOG is trading around its support level at $94.41 (yellow line);
• By losing this support level, GOOG would seek the gap around $89;
• In addition, we see a lower high, followed by decreasing volume, indicating weakness;
• GOOG would need to do a very good reaction above its support level in order to avoid a further drop – so far, there’s no bullish evidence;
• Only if GOOG does a new high and breaks the red line, it might resume the bullish movement up to the $105;
• For now, we must pay attention on how it’ll react around the yellow line, as this might dictate the next movements on GOOG. I’ll keep you posted on this.
Remember to follow me to keep in touch with my analyses!
• By losing this support level, GOOG would seek the gap around $89;
• In addition, we see a lower high, followed by decreasing volume, indicating weakness;
• GOOG would need to do a very good reaction above its support level in order to avoid a further drop – so far, there’s no bullish evidence;
• Only if GOOG does a new high and breaks the red line, it might resume the bullish movement up to the $105;
• For now, we must pay attention on how it’ll react around the yellow line, as this might dictate the next movements on GOOG. I’ll keep you posted on this.
Remember to follow me to keep in touch with my analyses!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。