Google opportunity


Google breaks its bullish channel (marked with blue lines) to the downside and reaches a double support marked by the violet trend line and the 0.786 Fibonacci.

bullish channel (marked with blue lines) and support marked by the violet trend linedouble support marked by the violet trend line and the 0.786 Fibonacci.

This could indicate a very strong first support for the price to bounce and look for the 0.618 of the Fibonacci extension.
As a second close support we can find the exponential moving average of 200 periods.

This could indicate a very strong first support for the price to bounce

It could turn out to be a risk 1, profit 4 entry opportunity. Placing a stop-lose 4% below the current price (level below the 200-period moving average). With a take profit of 16% at 0.618 fibonacci

It could turn out to be a risk 1, profit 4 entry opportunity

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market stock opportunities
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They are not purchase recommendations, it is just my personal analysis of what can happen. Remember to do your own analysis before making any purchase

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