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Google share price trend7/15/2023 ![]() ![]() The bullish bias towards Google’s stock can only remain intact, according to the trader, if the stock price does not drop by more than 4%.īuy stocks now with Interactive Brokers – the most advanced investment platformĭisclaimer : The content on this site should not be considered investment advice. However, it is important to note that investing in the stock market always comes with risks. The fact that the stock is now consolidating tightly above the 99sma is a positive sign for traders who are bullish on the stock. This means the stock price fell below the 99-day moving average, giving traders a chance to buy at a potentially discounted price. 129.04 +40.07 Year-to-Date Quote Profile News Charts Forecasts Financials Shareholders Competitors Stock Price Forecast The 48 analysts offering 12-month price forecasts for Alphabet Inc. In the case of Google’s stock, the recent dip provided traders with an opportunity to retest the 99sma. Invalidation for bullish bias is only 4% below. For one, the current share price makes the stocks inaccessible to certain. Really nice dip to retest the 99sma and now consolidating tightly above. Many investors are currently speculating over whether Google will stock split again. The 99sma, a commonly used technical analysis tool in the stock market, helps traders to determine the overall trend of a stock. Nebraskangooner noted a pattern with the 99sma, also known as the 99-day Simple Moving Average. Whenever one searches for specific companies or stock tickers, Google will show a result that shows the stock price trend over time: Clicking on the chart. The trader noted that Google’s chart is ‘one of the nicer-looking ones’ in the market, and its AI technology and positive earnings help make it a strong investment opportunity. Source: Finviz Latest GOOG market sentimentĪ pseudonymous trading expert on Twitter, Nebraskangooner, shared his positive sentiment toward Google stock on May 1. On the other hand, there is a resistance zone ranging from $108.66 to $109.46, which is formed by multiple trend lines across different time frames. This zone could provide a level of support for the stock if it experiences a downturn. There is a support zone in the range of $104.45 to $106.23, which is created by multiple trend lines and important moving averages across various time frames. Over the past month, GOOG has experienced a wide trading range of $101.44 to $109.63, with the stock currently trading near the upper end of this range. ![]()
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