GOOG Chart Analysis (SHORT)
4H chart of GOOG
What do you all think of this chart on GOOG? Im fairly new at this so consecutive criticism or praise is appreciated.
GOOG looks to be running into massive resistance on the 4H. It is trading in an ascending triangle which is bullish, but if you look at the RSI, you can clearly see some bearish divergence. If you also look at the MACD, you can see that the trend looks to running out of steam. I am leaning bearish at the moment.
If you all see something different comment down below. Cheers!
What do you all think of this chart on GOOG? Im fairly new at this so consecutive criticism or praise is appreciated.
GOOG looks to be running into massive resistance on the 4H. It is trading in an ascending triangle which is bullish, but if you look at the RSI, you can clearly see some bearish divergence. If you also look at the MACD, you can see that the trend looks to running out of steam. I am leaning bearish at the moment.
If you all see something different comment down below. Cheers!
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