Google readies to tackle historic resistance - Analysis - 10-07-2020

Google's stock rose 1% in the last session, readying to tackle the pivotal resistance of 1,531, amid the dominance of the main upward trend in the medium and short terms, with support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels. 

Therefore we expect more gains for the stock, targeting the resistance of 1,531.20 and opening the door for more gains. 

Expected trend for today: Bullish