Can Google achieve a historical summit higher than the previous?
US stocks know a big recovery, after the Nasdaq index achieved a new historical summit, and the Dow Jones index witnessed a big increase after the setback that was experienced due to the Corona pandemic.
With the results of the second quarter of the American companies, the US Stocks rose dramatically after the American economic wheel started again, It's not affected by events that America knows recently.
Technically, Google’s stock is moving inside an existing triangle and the price is near the upper side of the triangle, meaning a breakout at 1455.13 is an excellent opportunity to buy by targeting the historical top at 1532.
The Breakout should be with a high Volume than the previous one, then we talk about a real breakthrough.
As for selling, it is risky, but breaking the lower side of the triangle at 1408 is considered an opportunity to sell, but with caution.
With the results of the second quarter of the American companies, the US Stocks rose dramatically after the American economic wheel started again, It's not affected by events that America knows recently.
Technically, Google’s stock is moving inside an existing triangle and the price is near the upper side of the triangle, meaning a breakout at 1455.13 is an excellent opportunity to buy by targeting the historical top at 1532.
The Breakout should be with a high Volume than the previous one, then we talk about a real breakthrough.
As for selling, it is risky, but breaking the lower side of the triangle at 1408 is considered an opportunity to sell, but with caution.