$GOOG TOP 20
Added 2025-01-05 18:48:14 +0000 UTCThere is a battle at the previous ATH level at $193 and it is not a coincidence to see the price end the week at this level too.
As the battle continues, a triangle has formed which favours the bulls to me, as the trend leading into the triangle was bullish, so the theory states that the trend should continue in the direction it was moving in before it enters the triangle.
But a lot will come down to how the market behaves at the 50 Day MA
We are still holding here and have no reason to sell right now, we didn't sell on the 200 Day MA in Nov at $166, so we are certainly not selling at $193.
Melt Up level is also still in play here too to $216.
Comments
I see that cap but what is the 50 day ma value , I can guess from the line but would like to know the exact number ?
David Rose
2025-01-06 00:13:45 +0000 UTCYep the 50 Day MA is the blue line David.
Gareth Neary
2025-01-05 19:22:03 +0000 UTCCap , can you show the 50 day ma price in the chart , would be very useful where current values are in all the charts you put out . Thank you
David Rose
2025-01-05 18:53:44 +0000 UTC
