Byblos
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since Jul 28, 2014
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GOOGL reported good earnings and has no reason for stock prices to decrease any further. Based on recent trends, it should continue rising in a similar manner (as shown). As such, it will most probably continue rising past the resistance line drawn.
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Possible change in trend since support has been reached, with a potential breakout once resistance is reached followed by a steady bullish trend.
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Showing my prediction for the future price of FB based on previous behaviour, as outlined.
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Indicators moving in opposite direction to price, indicating a possible pullback based on previous behaviour. Momentum decreasing as price moves towards ATH. Predicted movement drawn in black.
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