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Google Daily Technical Analysis | 10 October 2017

2017-10-10 08:45 am | Resource: Technical Analysis Section | No Views : 326

Google shares are still trading in a bullish direction and failed to breach the $ 980.42 level during yesterday's trading as a result of the sellers' pressure on the stock, the slow and slow moving average is still positive.

Google Daily Technical Analysis | 10 October 2017

The world's most popular search engine targeted the dual bottom model we mentioned earlier.
The rate of change is trading in a bearish direction with no confirmation of a two-hour closing below the trend line.
It is expected that if the stock is breached at 980.41, it might target the 964 level, while trading below 980.41 could target 958.78.
Support: 958.78 - 942.40 - 918.3
Resistance: 980.41 - 988 - 994.35
Trend: Up


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