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Analytic reviews

June 2019

Google stock analysis 11.06.2019

Google shares rose after the decline last week as a result of the trend of investors to safe havens because of the trade war that the United States is engaged on several sides.

We will move the price action under the negative pressure effect of the moving averages, especially the 50 MA which is near 1183.80 resistance.

Stochastic is out of oversold areas so we can see a continuation of the bullish correction.

General direction of the movement: a downward trend.

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