Market Snapshots

Google Wave Analysis – 09 December, 2019

Google Wave Analysis – 09 December, 2019
  • Google broke resistance level 1330.00
  • Likely to rise to 1400.00

Google recently broke above the pivotal resistance level 1330.00 – which stopped the previous correction (b) in the middle for November.

The breakout of the resistance level 1330.00 should accelerate the active multi-month upward impulse sequence (3) from the start of January.

Google is expected to rise further toward the next resistance level 1400.00 (target price for the completion of the active impulse wave 3).

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