Google rallies - Analysis - 06-04-2021

Google's stock (GOOG) rallied 4.11% in the last session, piercing the important resistance of 2,135, with positive support from the 50-day SMA, amid the dominance of the main upward trend in the medium term, while the RSI reached overbought levels, curbing future gains. 

Therefore we expect more gains for the stock, targeting the first resistance at 2,300, provided it steadies above 2,135. 

Expected trend for today: Bullish