d.vezeris

GOOGLE INC WEEKLY (21) CHART TECHNICAL ANALYSIS

NASDAQ:GOOGL   ALPHABET INC
119 0 0
The GOOGLE             ( GOOGL             ) weekly chart shows the following signs:

The Price of GOOGL             made a green candlestick (from $528 to $563) last week and stoped on Kijun-sen. The MACD is on bearish sign and the RSI on bullish . The Stock is over the EMA200, over the KUMO Cloud but the Tenkan-sen is under the Kijun-sen.

I expect that the stock could continue the long movement but it has to get over the Kijun-sen, as the Tenkan Sen must get over the Kijun-sen too. Otherwise some consolidation could happen for two weeks in the triangle.
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