FX.co - Analysis of the shares of Alphabet Inc. (GOOG) by the method of Tic-Tac-Toe for July 12, 2017

12 July 2017 at 9:14AM (UTC+0)

Long-term review

Graph "XO" step 100/3:

On the senior chart, we observe an exclusively upward trend.

Shares are traded in an upward wave of the uptrend, which indicates the strength of buyers.

The relative strength index is in the column "X", which also indicates the pressure of the bulls.

Overcoming the resistance level of 916 signaled a double peak to buy.

The initial target for buyers is the mark of 944, when approaching it is recommended to close 1/2 of the total volume of long positions.

The main target will be the resistance zone in the area of 964.

The point of protective suspension is the minimum fluctuation of 896.

Trading recommendations:

Today only purchases are recommended.

Analysis of the shares of Alphabet Inc. (GOOG) by the method of Tic-Tac-Toe for July 12, 2017

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

FX.co ★ Analysis of the shares of Alphabet Inc. (GOOG) by the method of Tic-Tac-Toe for July 12, 2017