Weekly Chart Analysis of Google - 22/09/2024

Google gives a strong bullish signal on the weekly chart. I believe the pullback in the uptrend has ended, and prices will continue to skyrocket.

We are seeing a strong area of confluence. Prices have touched the Fibonacci 0.618 golden ratio, which aligns with the 50 EMA and SMA. Additionally, there is a strong demand level and the bullish momentum is confirmed by a candle close. This is an excellent time to ride the wave.