Google collects profits - Analysis - 16-07-2021

2021-07-16 12:00:08 GMT (Economies.com)
 

Google's stock (GOOG) fell on profit-taking while gathering momentum to help it rise anew, as it vents off overbought saturation in the RSI, with the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 2,670, provided the support of 2,556 holds on.

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1845
0.0057
0.4857%
1.3908
0.0111
0.8052%
Tadawul
10933.73
22.68
0.21%
24.991
-0.221
0.877%
72.427
0.786
1.097%
74.74
0.31
0.42%
1808.965
6.830
0.379%
 
 
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