Huat99
2022-09-11

$Alphabet(GOOG)$$Alphabet(GOOGL)$Weekly chart, Bearish Flag heading down to $90

1. previous bearish flag formed between Jan~Apr 2022

2. currently, another bearish flag is potentially forming as shown

3. share price continues to pressure below 20 SMA (Simple Moving Average)

Support - $90 (20% downside, 61.8% Fibonacci retracement level)

Resist - $117 (approximate)

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