Consolidation before the Big BO? Next station 880$?
GOOG reached all TPs of my former view If you now have a look at the RSI, you can see, that Google is temorarily overbought - that means that a consolidation at the recent Niveau should be exspected.(orange arrows) Trrading above the resistance Cluster between 770-790$ could initiate a BIG longsignal -tp 880! Breaking through the szpportzone @ 733$ seems to be bearish.
Former view: 790$ reachable?
Double Bottom @ 660 + EMA 200 cross @ 695 + Triggered neckline of the Mini-inverse H&S @ 700 = LONG! On the way up are several resistances: 706 (shortterm downtrendline) 740 (last high) /770/790 (Cluster of former highs) Trading above 790 will generate a BIG LONGTERM BUYING SIGNAL Only Prices below 660$ are bearish