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) fell 0.98% in the last session while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the pivotal resistance of 2,934.50, provided the support of 2,796.30 holds on.
Expected trend for today: Bullish