The Google Inc (NASDAQ:GOOGL) Daily Diagram Technical Analysis shows the following:
The (GOOGL) share has insert in a short downtrend channel lately. This resistance line is just on the top of the KUMO, which means that the GOOGL consolidates in long term. Both weekly and monthly diagram show a neutral behavior.
So the first think in mind is that $550 as you can see is a fair value in long term diagrams. MACD is neutral to bullish and RSI too. The volume has an uptrend.
We have a Friday close at higher high (yellow circle) with a candlestick like a hammer. The share has just got over the KUMO and is over the Tenkan Sen (green line) and Kijun Sen (blue line) too.
There is a cup with handle pattern over the EMA 200. The fib from $515.36 to $574.46 shows a 1.618 projection at $610.98 first target.
So I think that the critical point is the breach of the $574.46. If the share get over it the bullish trend will be here for a new uptrend.
The (GOOGL) share has insert in a short downtrend channel lately. This resistance line is just on the top of the KUMO, which means that the GOOGL consolidates in long term. Both weekly and monthly diagram show a neutral behavior.
So the first think in mind is that $550 as you can see is a fair value in long term diagrams. MACD is neutral to bullish and RSI too. The volume has an uptrend.
We have a Friday close at higher high (yellow circle) with a candlestick like a hammer. The share has just got over the KUMO and is over the Tenkan Sen (green line) and Kijun Sen (blue line) too.
There is a cup with handle pattern over the EMA 200. The fib from $515.36 to $574.46 shows a 1.618 projection at $610.98 first target.
So I think that the critical point is the breach of the $574.46. If the share get over it the bullish trend will be here for a new uptrend.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.