GOOGLE on its 1day MA200 after almost 1 year! Strong buy!
Google / GOOG hit today the 1day MA200 for the first time in 11 months (since March 30th 2023).
That makes it a strong technical buy opportunity, also taking into consideration that it did so near the bottom of the 14 month Channel Up.
This is so far a -14.50% decline from the Channel's top, which is the pull-back that the previous bearish wave did.
Buy and target $170.00, which would be a +28% rise, a common rally inside this Channel Up pattern.
Previous chart:
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That makes it a strong technical buy opportunity, also taking into consideration that it did so near the bottom of the 14 month Channel Up.
This is so far a -14.50% decline from the Channel's top, which is the pull-back that the previous bearish wave did.
Buy and target $170.00, which would be a +28% rise, a common rally inside this Channel Up pattern.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.