d.vezeris
Long

Google Inc Weekly (23) Chart Technical Analysis

NASDAQ:GOOGL   Google Inc.
107 0 1
The GOOGLE             Inc ( GOOGL             ) weekly chart shows the following signs:

The Price of GOOGL             find a strong support from Kijun-sen and stoped exactly on it last week. The MACD is turning up closer to give a bullish sign and the RSI is >50 on bullish . The Stock is over the EMA200, over the KUMO Cloud but the Tenkan-sen is under the Kijun-sen (I think for a little as I mentioned last week 22).

I expect that the stock will continue the long movement to $606 first. Otherwise the Tenkan Sen proved that is a support and it could be proved it again.
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