Stock market: targets for Google

Stock market: targets for Google

Trade idea

BUY 1,203; TP1 1,215; TP2 1,225; SL 1,197

Google stock has been trading on the upside since the start of the year. It now approached an important resistance at 1,200. This level stopped buyers in January and June last year and last week. The pair formed a small bullish flag. Above 1,200 it will target 1,215 and 1,225 (78.6% Fibo of the 2018 selloff). Support is located at 1,190 and 1,170.

google.png

Notice that to trade stocks with FBS you need to open an MT5 account in your personal area. 

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This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.

Latest news

XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

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