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Trading Roundup — Google Announces Google Pixel 3 and Pixel 3 XL

June 18, 2018 09:36

The Google Pixel 3 is the newest flagship phone from Californian-based giant Google. In this ever-changing and challenging environment, Google will attempt to justify its place among the real elite with this latest offering. The previous version of Google Pixel (Pixel 2) was a success. From first impressions, the new Pixel 3 looks like a top-notch contender. It could easily be one of the best smartphones in 2018 due to its camera strength, lightning fast performance, and native Google software which is fully optimised for the Google flagship. The company's upcoming Android POS (operating system) has some compelling features that are exclusive for Android.

The road to the top is always bumpy. For example, the Pixel 2 XL had a problem with burn-in issues related to their OLED display. With the new Pixel 3 series, Google will want to avoid that kind of a problem. Design wise, both Google Pixel 3 and Pixel 3 XL will increase their displays to 5.3-inches and 6.2-inches respectively. This should be the first phone to feature Android P, with its new and hopefully most potent Android OS. The most significant change on Google's latest phone should be the new single-button navigation system, which requires you to swipe from side to side to view the open applications. According to this Tech Advisor, we should see a host of additional features including:

  • Adaptive Battery
  • Adaptive Brightness
  • Shush Gesture
  • Android Dashboard
  • Wind Down Mode
  • Adaptive Brightness

Overview of the Google Stock CFD

Source: #GOOG H8 chart, Admiral Markets MT5, June 2018

The share price has established a bullish W 1-2-3 pattern, which is a sign of a bullish continuation. The chart clearly shows that point 2 has been broken to the upside, so a retest of point 2 will also correspond to a Q H3 (Quarterly Pivot Point) and a M Cm (Monthly Pivot Point) of around 1095-1106. The rejection from the POC zone (Point of Confluence) targets 1166.84. Above 1187 we should see 1227.35 and 1261.44. The stock is bullish, and buying the dip could be the ideal option for swing traders too.

Trade the Google Stocks with Admiral Markets


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This material does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not reliable indicator for any current or future performance as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks.