Google -> Finally The BottomHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock just recently perfectly broke above and is now retesting a major previous weekly structure area which is now turned support at the HKEX:104 level.
You can also see that weekly market structure is now bullish, moving averages are also bullish and the recent price action on Alphabet stock just looks like a solid bottom formation so I simply do expect more continuation towards the upside from the current levels.
On the daily timeframe you can see that market structure is about to shift bearish so I am now just waiting for a clear bullish impulse and break above the daily HKEX:107 resistance before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: