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.