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Because GOOGL formed a Channel Up pattern, we expect it to touch the support line. If it breaks through support it may move much lower

GOOGL is heading towards the support line of a Channel Up. If this movement continues, the price of GOOGL could test 203.5767 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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