Google leans on main upward trend line - Analysis - 29-11-2021

Google's stock (GOOG) fell 2.67% in the last session, settling thereafter at 2,856, leaning on the main upward trend line in the medium term, while also leaning on the 50-day SMA support in an attempt to gather momentum to rise anew.

Therefore we expect the stock to return higher, targeting the pivotal resistance of 3,031, provided the support of 2,796 holds on.

Expected trend for today: Bullish