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.
