Its OK as longest google stays above 170 ! lets go ! Last week, Google stayed above 170, which is excellent news. Within the analysis, we can see that it’s starting to show bullish convergence. I also drew an ascending channel based on its recent price movements.
In my last analysis of Google, I mentioned that once the price touched the "stacked channel," we only needed to observe the immediate candlestick structure, and from there, it would take off—and that’s exactly what happened (check out the little thumbs-up hand).
Now, it doesn’t matter if the price dips slightly here; the key is for it to stay above 170 and within the mini ascending channel I marked.
The real challenge for Google is breaking through the inflection zone where it’s currently positioned. It was rejected once, so the price will likely attempt to break through this key zone again.
Let’s see what happens in the coming days.
Thanks for supporting my channel! Best regards.
