Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Google's stock (GOOG) returned higher in the intraday levels amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, marking a profit of 0.89%, with negative signals from the RSI amid attempts to vent off overbought saturation.
Therefore we expect more gains for the stock, targeting the record resistance of 1,732, provided the pivotal support of 1,531.31 holds its ground.
Expected trend for today: Bullish