Google. A Short with Great Returns.
By:TradingView
We don't do many of those, but this one was too good to ignore. Google fundamentally still remains in our opinion one of if not the biggest winner of AI in the long-term, so this is a forecast purely on a short-term technical standpoint. Google has hit the resistance of a very well respected channel and has followed through with several bearish candles. After breaking out of a resistance marked in yellow in September 2025, the stock rallied substantially with no correction. We believe it is logical that the stock re-tests the resistance and create a new support. In addition, MACD has created a bearish cross further enhancing this thesis.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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