Google and SpaceX Sign 3-Year Cloud Agreement
📊 GOOGL — Piyasa Yorumu
▲ up · 65%Google's three-year cloud agreement with SpaceX can be considered a positive catalyst for GOOGL shares. Technically, the price closed above the 20-day moving average ($366.99) and the RSI is at 48, in neutral territory, indicating upside potential. The MACD line has started to cross above the signal line and is approaching zero from negative territory, suggesting momentum could turn positive. However, since the price remains below the 50-day moving average ($374.01), the upside may be limited. In the short term, the $370-$374 range could be tested, but excessive optimism should be avoided.
📊 GOOG — Piyasa Yorumu
▲ up · 65%Google's three-year cloud agreement with SpaceX is a positive development that could increase the company's cloud revenues. Technically, the price is above the 20-day moving average and the RSI is in neutral territory, supporting short-term upside potential. The MACD is still negative but approaching the signal line, indicating that momentum could improve. However, the 50-day moving average remains a nearby resistance level, posing a risk that the rally may be limited.