Google shares were unable to breach the 1203.90 resistance to bounce back towards a bearish correction towards the moving average 7 which is a support level for the price and gives a positive bullish momentum
Overall, Google shares continue to move within the rising channel that has been moving in since the beginning of the year.
Moving averages support this bullish movement as we have a bullish order of the moving averages 7-20-50 below the price to give it stability and support to continue the upside.
Stochastic has emerged from an area resembling a buy in a move down and reflected on the price as seen in the picture
Range of motion between support 1160.60 and resistance: 1209.60
