Hey Realistic Traders, let’s dive into the analysis of
GOOGL
In the daily timeframe, Google has broken above the upper trendline of the falling wedge pattern. The price has consistently remained above this trendline for the past three trading days, with rising price movement accompanied by bullish divergence.
Bullish divergence on the MACD indicates that while the price makes lower lows, the MACD line forms higher lows. This divergence suggests a weakening of bearish momentum and the potential for a price reversal to the upside.
Given these technical factors, we forecast a potential upside movement toward the designated target of 181.36. After reaching this level, a pullback to the green zone around $160 may occur before the price advances to the second target at 191.52.
This technical outlook remains valid as long as the price stays above the support area at 148.77.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Google.
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
In the daily timeframe, Google has broken above the upper trendline of the falling wedge pattern. The price has consistently remained above this trendline for the past three trading days, with rising price movement accompanied by bullish divergence.
Bullish divergence on the MACD indicates that while the price makes lower lows, the MACD line forms higher lows. This divergence suggests a weakening of bearish momentum and the potential for a price reversal to the upside.
Given these technical factors, we forecast a potential upside movement toward the designated target of 181.36. After reaching this level, a pullback to the green zone around $160 may occur before the price advances to the second target at 191.52.
This technical outlook remains valid as long as the price stays above the support area at 148.77.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Google.
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
