Google has experienced a large recent drawdown of over 30% from the peak in Q1 2024. The drop has failed to produce any real relief rallies, being a move straight down. The context then suggests that perhaps Google is due for some relief to the upside as it hits a major support trendline spanning from the start of the bull market.
I would like to see this stock start consolidating and building steam for what may be a potentially voilent rally once the smoke clears.
I would like to see this stock start consolidating and building steam for what may be a potentially voilent rally once the smoke clears.
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