
A strong opportunity to buy Google stock with any correction
Google stock has rebounded strongly.
After retesting the support areas near the 168 and 164 levels,
the stock has also established new buying demand areas.
These are considered the best areas for rebuying at the moment.
They are also consistent with the current rising trend line.
These areas are located near the 169.58 levels, as shown on the chart.
Target
If the specified demand areas are retested, it is expected to rise
to targets at the 176 and 183 levels, respectively.
We may see further upside if the last level is breached and a close above it.
However, if the demand and uptrend areas are broken and a close below them is held,
with a full candle, the bullish outlook for the stock will fail, and therefore,
a continued decline is expected.