Google suffered the biggest one-day tumble in its history - some $70 Billion wiped out! Alphabet announced about 2 hours ago that Eric Schmidt the CEO for the last 18 years, will resign from June 2019, and will not seek to be re-elected. This is not great for investor confidence in the short term. Schmidt's resignation won't cure Google's woes anytime soon.
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1145.00
• Take Profit Level: 1160.00 (1500 pips)
If the price...
- Ichimoku Cloud
- John E. Zero Lag EMA
- Hilbert Sine Wave Support/Resistance
- Linear Regression Divergence
- No Repaint
- No Lookahead
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