empty
fr
Assistance
Ouverture rapide de compte
Plateforme de trading
Déposer / Retirer

05.04.202319:41 Forex Analysis & Reviews: GOOG share price forming a cup with handle bullish pattern.

Exchange Rates 05.04.2023 analysis

Black line- neckline resistance

GOOG share price is trading around $104.47. Price has formed a cup with handle pattern suggesting that a break above the neckline resistance of $107, would provide a bullish signal. So far price has tested the resistance level twice. Short-term support is the recent low of the 'handle' around $100. Bulls do not want to see price break below $100. A break below this level would cancel the bullish pattern.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Alexandros Yfantis,
Analytical expert of InstaSpot
© 2007-2025
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.