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Red lines - bullish channel
Black lines- ascending triangle pattern
GOOG stock price remains in a bullish trend making higher highs and higher lows. In previous posts we talked extensively about the upside potential targets following our April and May analysis. Short-term price action suggests that another bullish formation is in the making and GOOG stock price could continue its upward move towards $132 at least. GOOG stock price has formed an ascending triangle pattern after the bullish channel price was in. This is a continuation pattern and when price breaks above $127 on a daily closing basis, we will get a new bullish signal targeting at least $132. Traders should not forget to check the RSI for any possible bearish divergence warning. Support is at $123. Bulls do not want to see price break below this level.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
