Google MUST hold this critical level!

480
GOOG local analysis update

๐Ÿ“ˆ ๐™‡๐™ค๐™ฃ๐™œ ๐™ฉ๐™š๐™ง๐™ข Further decline below the daily 200EMA, High Volume Node (HVN) and pivot point which it closed below on Friday could see google price fall back below $140.

๐Ÿ“‰ ๐™Ž๐™๐™ค๐™ง๐™ฉ ๐™ฉ๐™š๐™ง๐™ข the bullish run has ended with Fridays bearish engulfing, first support below the support it is currently sat at is $156.

Irans conflict has investors shaken and not willing to hold assets over the weekend on the fear of worse news. However, if the conflict is resolved investors could have a great buying opportunity.

๐™๐™š๐™˜๐™๐™ฃ๐™ž๐™˜๐™–๐™ก ๐˜ผ๐™ฃ๐™–๐™ก๐™ฎ๐™จ๐™ž๐™จ
Price is challenging a triple shield: major support HVN, daily pivot and the daily 200EMA. Holding this level is critical and locks in a corrective Elliot Wave pattern from the $140 level completing between the 0.5-0.618 Fib retracement.

Daily DEMA Is about to produce a death cross while RSI is neutral with plenty of room to fall.

Safe trading

Penafian

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