GOOGL Will Increase One More Day and Then Fall

NASDAQ:GOOGL   Alphabet Inc (Google) Class A
NASDAQ: GOOGL             has been on an incline for about a month. Reaching past its resistance 1 level. Could it reach resistance 2 in the next day, I would not bet on it. There is probably a higher chance that it will fall back to resistance 1 or even further. If not now, than it will eventually rest in the next week around the 745.00 mark. However, with a recent spike since the beginning of July we could see a significant dip in GOOGL             to around the support number of 702.89. I would definitely not buy right now, not enough room for GOOGL             to grow in the next few days. Go check it out.
Comment: Watching GOOGL to see if it levels out just below resistance 1 level, around 740.00.
and what if the earnings came positive ?
+1 Reply
True, if the earning were to be positive then there could be a massive spike like that found in February. However, that spike did eventually cause a huge sellout.
+1 Reply
shero RAJK1234
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