GOOG - GOOGLE - BUY / LONG IDEA DON'T MISS IT!
Dear traders,
We can see that the general trend is bullish and the pattern that is being drawn is clearly a bullish correction,
The share price has fallen around 21% from the previous high, generating potential buying opportunities in the price range ($140- $150).
In addition, we see that the RSI is showing quite oversold zone.
Let's wait for indicators to show divergences, to increases the probability of a potential reversal in the direction of the price. Nevertheless buying posititionwithin the range mentioned before, is a good option
best,
We can see that the general trend is bullish and the pattern that is being drawn is clearly a bullish correction,
The share price has fallen around 21% from the previous high, generating potential buying opportunities in the price range ($140- $150).
In addition, we see that the RSI is showing quite oversold zone.
Let's wait for indicators to show divergences, to increases the probability of a potential reversal in the direction of the price. Nevertheless buying posititionwithin the range mentioned before, is a good option
best,
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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.
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.