February 22, 2012

GOOGLE Chart Analysis

  • Google made an intraday attempt to stay above 50 Day SMA. But day closed below it.
  • Fibonacci levels too shows a range between 38.2% to 50% on closing basis. Price is yet to close the day outside this range which will give good direction for google. Price closing above 50 SMA and 50% Fib level should give good up moves.

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