ACTIV8X

Google Inc.: Is time for a breakthrough?

NASDAQ:GOOG   Alphabet Inc (Google) Class C
Google Inc is moving in a Triangle figure. It is actually on the verge of breaking through it in the upward direction. If it succeeds in doing so it will have 672.48 as an objective, with 645.08 as a primary one.

Failing to breakthrough it will lead it back to its Orange trend line. If it cut through will lead it to 558.08, the figure's target, with 581.37 as a primary objective.

The Double Top has already achieved its targets during the last selloff, by reaching 573.15.

The weekly Pivot Point is around 618.8. Its weekly support levels are around 611.08 and 596.4. Its weekly resistance levels are around 633.48 and 641.2.
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.