The GOOGLE Inc (GOOGL) weekly chart shows the following signs:
The Price of GOOGL find a strong support from Kijun-sen and stoped exactly on it last week. The MACD is turning up closer to give a bullish sign and the RSI is >50 on bullish. The Stock is over the EMA200, over the KUMO Cloud but the Tenkan-sen is under the Kijun-sen (I think for a little as I mentioned last week 22).
I expect that the stock will continue the long movement to $606 first. Otherwise the Tenkan Sen proved that is a support and it could be proved it again.
The Price of GOOGL find a strong support from Kijun-sen and stoped exactly on it last week. The MACD is turning up closer to give a bullish sign and the RSI is >50 on bullish. The Stock is over the EMA200, over the KUMO Cloud but the Tenkan-sen is under the Kijun-sen (I think for a little as I mentioned last week 22).
I expect that the stock will continue the long movement to $606 first. Otherwise the Tenkan Sen proved that is a support and it could be proved it again.
