Alright, I know the week ain’t over yet, but I’m seeing something pretty hype on Google’s chart (GOOG) that’s got me pumped! The stock’s pulling back to that 0.786 Fibonacci level, and guess what—it’s chilling right at the 100-day moving average.
What a wild coincidence, right?
On top of that, the weekly candle so far is looking like a reversal—unless something crazy flips it last minute. If GOOG can hold strong by the end of this week and close higher next week, it’s setting up for a solid shot at a new wave up, potentially hitting $225 by September. Oh, and I forgot to mention—it’s been riding this sweet ascending price channel like a pro, which makes that timeline more of an educated guess than a wild stab. Let’s see if this tech giant can flex its muscles and make that climb!
I’m not saying make any investment moves based on this—I’m just sharing my analysis,
What a wild coincidence, right?
On top of that, the weekly candle so far is looking like a reversal—unless something crazy flips it last minute. If GOOG can hold strong by the end of this week and close higher next week, it’s setting up for a solid shot at a new wave up, potentially hitting $225 by September. Oh, and I forgot to mention—it’s been riding this sweet ascending price channel like a pro, which makes that timeline more of an educated guess than a wild stab. Let’s see if this tech giant can flex its muscles and make that climb!
I’m not saying make any investment moves based on this—I’m just sharing my analysis,
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.