Google amid positive outlook - Analysis - 16-09-2021

Economies.com
2021-09-16 12:00PM UTC

Google's stock (GOOG) rose 1.26% in the last session amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA, while a positive divergence forms in the RSI after reaching oversold levels compared to the stock's movements. 

 

Therefore we expect more gains for the stock, targeting the resistance of 3000, provided the resistance of 2,904 was breached. 

 

Expected trend for today: Bullish 

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