years on the market

Google Stock Analysis

 Google shares emerged from the falling channel, which was trading with the closure of last week and tried yesterday to return to it.

SMA 50 formed a support level and stopped the price decline while SMA 20 formed a support level near the 38.2 Fibonacci retracement level.

The Stochastic is in a bearish move which signals the possibility of the price returning to test the support.

The general direction of the movement: a downtrend.

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