GOOGL on crucial level

Google is trading near crucial support of 85. It is crucial because of the history of the chart. Price bounced and rebounded more than 8 times from the same level on. It is also trading at a lowest price to earning ratio of 17.5 with a net margin of 20%.
In summary, price says fundamentals have more room to correct. Fundamentals say the worst is almost over. So it is a good time to deeply study the company and chart.

All figures are just rough estimates.

Kommentar:

So far it is working