years on the market

Google stock analysis 02.07.2019

Google shares rose after the decline to trade at the resistance of 1099.43 at 61.8% Fibonacci retracement, where it managed to penetrate last week.

Price action under the negative pressure effect of the moving averages, especially the moving average 50 which approached the resistance 1136.14. And the moving average 20 which is moving below the price.

Stochastic is coming out of oversold areas in a sign of continued bullishness.

General direction of the movement: ascending path.

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