ALPHABET INC (GOOGLE) -TECHNICAL ANALYSIS

ALPHABET INC (GOOGLE)

GOOGLE:

The technical looks that the price trending to upside in short term, chart showing some correction, after some correction we again found a bullish breakout in 4 hour chart, after breakout our short term support zone will be formed at 1200, EMA 50, 100, and 200 will be acting as support zone. The major fib 0.618% will be at 1200, which found to be very important support zone. Last candle will be reversal pin bar which found important buying pressure zone

Our anticipation for short term bullish momentum.

BUY ZONE: 1200, STOP LOSS: BELOW 1185, TAKE PROFIT:1295, TIME SPAN:1MONTH

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