years on the market

Google Stock Analysis

Google's stock continues to move within the channel, which was trading after the jump formed by the past two weeks. To open the week with a bullish price gap.

The 20 MA is a support level near the 38.2 Fibonacci retracement level.

The price action is under the positive pressure of the moving averages 7- 20-50 that move below the price and form support levels.

Stochastic is in a bullish move which reflects the strength of the price support.

The general direction of the movement: a bullish path.

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