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Google Daily Technical Analysis | 1 November 2017

2017-11-01 08:41 am | Resource: Technical Analysis Section | No Views : 321

Our neutral view of the trading of Google shares as a result of trading the stock between levels 1010 and 104.74 after the large rise in the American stock during the last week, and the average moving average and slow moving average overlapping with the movement of the stock, which confirms our view of the neutral trading of the stock.

Google Daily Technical Analysis | 1 November 2017

The rate of change is trading around the zero level due to the inability to break or break due to the weakness of both bull and bear.
It is expected that if the stock is breached at 1023.74 it could target the level of 1047.74 on the other side, if breaching 1008.31 might target the 980.42 level.
Support: 1008-996.71 - 980.42
Resistance: 1037 - 1058.75 - 1071.90
Trend: neutral

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