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FX.co ★ Elliott wave analysis of Google for May 25, 2022

Elliott wave analysis of Google for May 25, 2022

Elliott wave analysis of Google for May 25, 2022

Google or Alphabet as the parent company is called is correcting along all the other FAANGS and is headed for a dip into the support zone between 1,183 - 1,534. We are likely to see support at 1,534 act as a floor for a corrective rally towards 2,265 before renewed weakness to support near 1,183 and maybe even closer to support at 1,014 to complete the corrective decline from 3,019.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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