google

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Technical Analysis – Google’s gains slip through fingers as sellers correct back down

Posted on September 2, 2019 at 3:31 pm GMT

Google stock collapsed from 1264 to 1139 after nearly revisiting the high of 26 July 2018 of 1269, evaporating all gains from the bullish gap of July 26 of this year. The price moved into a sideways market with upper and lower boundaries of 1203 and 1146 respectively. Despite the latest correction and consolidation phase, the incline since June 3 has painted a positive picture, something also reflected by the momentum indicators remaining in bullish territory. Furthermore, the 50- and [..]

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Technical Analysis – Google stock on track to revisit 100-SMA after a bounce on 38.2% Fibo level

Posted on July 24, 2019 at 1:32 pm GMT

Google stock price found strong resistance from the 100-day simple moving average (SMA), coupled with the Ichimoku cloud’s upper boundary and the 50.0% Fibonacci retracement level of the down move from 1288.47 to 1024, of 1157. Price moved into the Ichimoku cloud on July 10 and adopted a sideways motion. The positive directional momentum has dwindled, as the MACD flattens near the trigger line, and the RSI remains near the 50 level but is slightly rising. The ADX continues to show the strong bullish trend. [..]

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Technical Analysis – Google stock finds support at 40-day SMA; breaks above 38.2% Fibo

Posted on July 11, 2019 at 1:12 pm GMT

Google stock price is creating a short-term upside rally over the last month, after the rebound on the five-month low of 1024. The price tested and broke the 38.2% Fibonacci of the down move from the all-time high of 1288.47 to low 1024, of 1124.50. A pullback in the up move found support on the culminating simple moving averages (SMAs) of 14-, 21- and 40-days on July 9. The short-term 14- and 21-SMAs confirm a positive momentum, as well as [..]

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Technical Analysis – Google stock unable to break above 38.2% Fibo and 200-SMA

Posted on July 4, 2019 at 1:35 pm GMT

Google stock price has found a strong resistance level around the 38.2% Fibonacci retracement level of the downleg from 1,288.47 to 1,023.50 near 1,125 as it tries to extend its gains after the rebound on 1,023.50. Momentum indicators now suggest that the market sentiment might increase even higher as the stochastic lies in overbought area and the MACD is rising above its trigger line. If the market turns to the upside again and surpasses the 50-simple moving average (SMA) it could revisit the 1,147 resistance level before touching the 50.0% Fibonacci of [..]

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Technical Analysis – Google stock retreats below 6-month peak

Posted on March 28, 2019 at 1:56 pm GMT

Google stock price found a strong resistance level around the six-month high of 1,230 and is on track to complete its fourth consecutive red day. Also, the price posted a spike below the 23.6% Fibonacci retracement level of the upward movement from 967 to 1,230, around 1,168. Momentum indicators now suggest that the market sentiment might decline even lower as the stochastic lies in oversold area and the MACD is falling below the trigger line. If the price manages to slip even lower, the next support could come from the [..]

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Technical Analysis – Google stock finds resistance around 200-day SMA; neutral in medium term

Posted on February 4, 2019 at 2:01 pm GMT

Google stock price has been finding a strong resistance level around the 200-day simple moving average (SMA) since Thursday, challenging the 50.0% Fibonacci retracement level of the downward movement from 1270 to 967, near 1119 as well. The upward spike sent prices towards a new three-month high of 1,124 and momentum indicators now suggest that the market sentiment might rise even higher as the stochastic lies in overbought area and the MACD surpassed the trigger line. Should bullish dynamics dominate, the market might revisit the 1,147 resistance in case of [..]

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Google parent Alphabet expected to deliver stellar earnings – Stock Market News

Posted on February 1, 2019 at 9:50 am GMT

Alphabet Inc, the parent company of tech behemoth Google, will reports its earnings for the fourth quarter of 2018 on Monday after the US close. The company could outshine its tech peers as it’s anticipated to report another robust quarter. Analysts remain bullish about the company’s stock with a mean recommendation of ‘buy’, in line with the industry average for the online services sector. The holding entity of the Google group of companies will be the last of the FAANG [..]

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Technical Analysis – Google stock registers 1-month high finding resistance at 200-day SMA

Posted on December 4, 2018 at 1:24 pm GMT

Google (Alphabet) stock price has fallen sharply from the one-month high of 1122, reached earlier on Monday, after the bullish gap. However, the technical indicators are still endorsing the positive view. The MACD oscillator is strengthening its momentum above the trigger line but is below the zero line, while the RSI indicator is heading north above the threshold of 50. If the recent declines continue, immediate support is likely to come again from the 1093 barrier, which overlaps with the 50-day [..]

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European Open Preview – Dollar extends pullback; BoE’s Carney appears before parliament

Posted on November 20, 2018 at 8:47 am GMT

Here are the latest developments in global markets: FOREX:The dollar index is marginally lower on Tuesday (-0.08%), extending the losses it posted in the previous session as US bond yields declined and a disappointing NAHB index fueled speculation the US economy may have peaked. The Swiss franc was the best performer, attracting inflows amid risk aversion in markets, while the euro followed closely in its tracks. The pound was little changed amid no fresh Brexit news, though investors may turn [..]

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Nasdaq back in correction territory as tech stocks under pressure again – Index News

Posted on November 14, 2018 at 4:27 pm GMT

The Nasdaq 100 index slipped back into correction territory on Monday as fears of slower iPhone sales hurt Apple shares, which in turn weighed on the wider technology sector. The latest sell-off has cut short the Nasdaq’s recovery from October’s 6-month lows and raised questions about the outlook for tech stocks going into 2019. Up until the latest rout to hit the US stock market, the tech-heavy Nasdaq had been outperforming the other major indices on Wall Street by a [..]

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