I knew that the "Stacked Channel" was the key and that Google would make a decision sooner or later. If we look closely, the price tried to rise several times. However, the key this channel gave us was from October 7th, with that bearish volume candle. Although it was coming down strongly, it didn’t manage to break my stacked channel. This is a very clear signal from the price, telling us: I'm still strong and still in the bullish game.
one more detail to conclude is that the price is signaling with wicks that there’s a lot of buying pressure, and it’s not yet for a bear market.
Google's only hope was the earnings report, and with an excellent report and very solid numbers, we won big on this analysis!
Congratulations if you followed this analysis and entered before the report. As I had mentioned several weeks ago, I’ve always been "Bullish" on Google, and it didn’t disappoint me, either technically or fundamentally. Google remains STRONG !
Thank you for supporting my channel & Congrats to you!
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