Condiciones de negociación
Products
Herramientas
Blue lines- expected rise equal to height of cup
Red lines- bullish flag
The cup and handle pattern we identified in April for the GOOG stock has now fulfilled its first target of $127. Yesterday price reached $126.93 and remains in a short-term bullish trend making higher highs and higher lows. The bullish flag pattern target is at $130 and the momentum favors reaching this target as well. The RSI has reached overbought levels. A pull back at current levels is justified. Traders better protect their gains as the chances of a pull back have increased. Support is found at the flag area of $119-$117. It would not be a good sign if price breaks below this level. We remain bullish as long as we hold above it.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.