EmoteK

GOOGLE -- It keeps getting stuck

Short
NASDAQ:GOOG   Alphabet Inc (Google) Class C
As can be seen in the chart, there is a great squeeze in both prices and RSI . This is a bit scary of course ...

This tightness can continue up to the level of 2200$ or even 2400 $, but then we think it is very likely that we will see a big selling pressure for both the relaxation of the indicators and the completion of the technical formation formed by the prices.

We are not at the beginning of April anymore. It has been almost a year and the Nasdaq have an unstoppable rising. We wonder where will he stand ???


It contains only personal views and opinions. Does not contain legal investment advice ...
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