Google shares rise after the latest decision of the federal judge

Google shares rise sharply amid tensions and uncertainty

 

Despite the uncertainty in the markets due to the expected interest rate decision

on the US dollar and after the court ruled that most of US President Donald Trump's 

decisions on tariffs were illegal

Google shares rose more than 4% on Wednesday 

Google shares rose more than 4% on Wednesday

after a US federal judge ruled that Google would not be required to

sell its popular Google Chrome browser as part of the damages

in the recent antitrust case brought against the company by the Department of Justice.


From a technical standpoint


 the stock managed to break through the resistance levels

that had previously been flagged at 204 ,

 and it has already fallen from there to 197

as an expected correction for the stock. Currently, 

the stock has already managed to break through those areas

and close above them, forming new areas for buying in a strong signal

that buyers are regaining control and that the stock is expected

 to continue rising in the long term.