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Technical analysis of #GOOG for Aug 02, 2018

analytics5b62b3664e5cc.jpg

At the daily chart #GOOG looks like moving in a bullish bias condition but since the Mercury Retrograde started, this stock have been correcting and it has filled the previous gap approximatley at Aug 5-8, 2018. It seems #GOOG will be at the lowest level before it manages to resume the previoust bullish trend until the end of the Mercury Retrograde Motion on the Aug 18, 2018 and as long as this stock does not break and close bellow 1187.17 .

The material has been provided by InstaForex Company - www.instaforex.com