GOOG Is forming a Saucer Bottom slightly above long-term trend?
GOOG in my opinion has formed a figure which looks closely to a Saucer Bottom, furthermore the price now is sitting right above the 20-day moving average, which is a signal of up-trend resuming.
Is Google preparing to re-test the previous high?
In the worst case scenario price would drop again to the trendline and form a double bottom.
Is Google preparing to re-test the previous high?
In the worst case scenario price would drop again to the trendline and form a double bottom.
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