LUC_Capital

GOOG - Trend indicates more downside

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NASDAQ:GOOG   #NASDAQ:GOOG-商品-描述
After breaking below rising channel, GOOG rebounded from oversold conditions, and seems to be consolidating at 0.5. Gap fill from $95 did manage to test 50 MA. I'm expecting a test of local resistance level, watching 50 MA before a potential new low at 0.382.
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