GOOG has formed a bullish trend channel starting from November 2023. Had a strong pull back last week but bounced back to maintain the bullish channel.Great probability to retest the the previous resistance as it looks to soar to new all time highs.
Note
GOOG broke the trend channel and currently below the support $142 support turned resistance. If we end the day at or lower than $140 will switch to bearishTrade closed manually
The mighty GOOG has taken a beating these past few weeks and broke its trend channel for lower lows. Though I believe it will reach new all times high by the end of the year and taking a much needed breather
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.