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Jake Wujastyk: GOOG and GOOGL likely to gap higher in October

Jake Wujastyk: GOOG and GOOGL likely to gap higher in October
GOOG, GOOGL may gap higher in October

Jake Wujastyk, founder / CEO at TrendSpider, highlights that GOOG and GOOGL posted a strong monthly candle, with October's opening expected to gap into this month's upper wick.

The analysis points to potential bullish price action for both stocks as traders look ahead to the market open.

Wujastyk has previously identified substantial short-term flow in AAPL shares, citing heightened trading activity. In another recent analysis, he observed that TLT's extreme oversold RSI and bottom doji patterns have served as strong reversal signals over the past two years. His market observations often focus on measurable technical patterns and shifts in trading momentum.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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