| Yesterday, Google reported earnings. GOOG's 3% after-hours gain after the results report reinforces the view that its 32.5 percent drop from its all-time high (in January 2021) to its most recent low (in May 2022) may be adequate. This may mean good companies have changed enough and bad ones need to shrink. The video presents a technical analysis of the Google stock, with a weekly Anchored VWAP from the COVID collapse bottom. VWAP considers price and volume and tends to act as resistance and support for the stock price. Also, a daily technical analysis of Google stock uses regression channels to suggest buy/sell spots. Google stock analysis & trade idea after earnings: https://www.forexlive.com/technical-analysis/google-stock-analysis-trade-idea-after-earnings/ |
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