GOOG - 1W - Start of Bullish Momentum
Although Alphabet (GOOG) has underperformed the S&P 500 this year, momentum may be shifting.
The stock recently broke out from a substantial rounding bottom and has now formed a falling wedge near its 50-week EMA support.
Additionally, it has bounced precisely off support around the $150 level. With hidden bullish divergence emerging, the technical indicators suggest that a move higher could be imminent.
The stock recently broke out from a substantial rounding bottom and has now formed a falling wedge near its 50-week EMA support.
Additionally, it has bounced precisely off support around the $150 level. With hidden bullish divergence emerging, the technical indicators suggest that a move higher could be imminent.
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.
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.