Stock market: targets for Google

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Trade idea

BUY 1,203; TP1 1,215; TP2 1,225; SL 1,197

Google stock has been trading on the upside since the start of the year. It now approached an important resistance at 1,200. This level stopped buyers in January and June last year and last week. The pair formed a small bullish flag. Above 1,200 it will target 1,215 and 1,225 (78.6% Fibo of the 2018 selloff). Support is located at 1,190 and 1,170.

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FBS Analyst Team

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