Google Stock Analysis 19.11.2018

Google shares rebounded last week, reaching 1062 per share, but it is trading below the moving averages of 7-20-50 and this will constitute a negative pressure on the stock, which leads to complete the bearish path.

The correct movement is reflected on the stochastic indicator where we see a bullish cross on it.

Expected movement will be between the support1001 and the resistance 1080.

Support and resistance:

Support: 1033-1001;

Resistance: 1080-1105.

The general trend is bearish as long as trading remains below the moving averages.