Google: ⬆️ Buy – Google reversed from key support level 290.00 – Likely to rise to resistance level 320.00 Google recently reversed from the key support level 290.00 (former strong resistance from October and November) intersecting with the lower daily.
Google: Buy
– Google reversed from key support level 290.00
– Likely to rise to resistance level 320.00
Google recently reversed from the key support level 290.00 (former strong resistance from October and November) intersecting with the lower daily Bollinger Band and the 38.25 Fibonacci correction of the upward impulse 1 from October.
The upward reversal from the support level 290.00 started the active impulse wave i of the higher impulse waves 3 and (C).
Given the strong daily uptrend, Google can be expected to rise to the next resistance level 320.00 (target for the completion of the active impulse wave i).
Published by:
Thomas Wallace