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Thursday, 24 October 2019

Google-Alphabet (NASDAQ: GOOGL): 24 October 2019, Thursday

Google-Alphabet (NASDAQ: GOOGL):
24 October 2019, Thursday
(Click on the Technical Chart Above to Expand)

Attached is the updated Technicals on Google-Alphabet (NASDAQ: GOOGL).
It has formed a decently significant bullish ascending triangle of accumulation. This is a one-year's worth of strong re-accumulation. The next target upwards will be around $1600, making the upside significant as well. The ascending triangle can also be viewed as a bullish cup and handle. Refer to the projection X based on a current cup and handle as illustrated.

The Donovan Norfolk Technical Rating:
Bullish Biased

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