Google stock analysis

Google's stock began to decline and correct the ascending path after it breached the support level, which is the upper bound of the ascending channel shown in the chart.

The moving averages support the upward movement of the stock which is moving below the price, as the 50 average moves near the support level of 1865.00 and forms the first major support levels for the price.

The stochastic oscillator gives a signal to return to the bearish path after it exited the oversold area and was moving in a bullish path, then it started to return to the downside.

We have a major resistance level at the area of ​​3000.00 and support at the area of ​​1865.00 and these two levels will be the main targets of price action.

General direction of movement: Bullish path