NASDAQ:GOOGL   Alphabet Inc (Google)
It's not hard to understand why Google price reverse backward, last Jul the price breaks out of the Upper-line of the channel and made a higher high and in the same point, we got a strong resistance line after the price gets into the channel one more time but this time it moves in sideways (flat). "so why the price keeps moving down after he gets into the channel?" the reason is if you take a look at stochastic you'll see the price in 'Overbought' and so it has to back down and break the Lower-line of the channel. Now if we wanna identify if the price gonna back upward we should wait and see if it gonna break the $1188.29 levels or not yet.

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