GOOGLE: FALLING WEDGE, NEW ALL-TIME HIGH ON FAANG STOCKS?
Hello Enthusiast Stock Traders! Here's Long-Term Outlook for GOOGL, Support the Channel by Smashing Follow & Like Button, also Share your opinion on the comment section below!
GOOGL has rejected the bullish trendline and kept moving above the ema90, the price action indicated a continuation of bullish trend. Furthermore, GOOGL formed the falling wedge pattern, We should wait for a breakout as a confirmation of entry point and bullish bias. MACD Indicator already crossed above the zero level area, indicating a potential stronger momentum or bullish bias ahead.
The roadmap will be invalid after exceeding the support/target level.
*DISCLAIMER:
This isn't a recommendation to buy or sell stock and only an Outlook from technical perspective.
GOOGL has rejected the bullish trendline and kept moving above the ema90, the price action indicated a continuation of bullish trend. Furthermore, GOOGL formed the falling wedge pattern, We should wait for a breakout as a confirmation of entry point and bullish bias. MACD Indicator already crossed above the zero level area, indicating a potential stronger momentum or bullish bias ahead.
The roadmap will be invalid after exceeding the support/target level.
*DISCLAIMER:
This isn't a recommendation to buy or sell stock and only an Outlook from technical perspective.
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