HotForex

Google Approaching Support, Potential Bounce!

Long
NASDAQ:GOOG   Alphabet Inc (Google) Class C
Google is approaching its support at 989.9 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce up to its resistance at 1094 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 9% where a corresponding bounce could occur.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.