Alphabet: Goog
Google aptly re-named itself, becoming the world's biggest
Alpha Bet in the process.
So goes Google, so go world markets.
It was expected to hold up at 987 line but in the event
the low fell at 982. If you went fishing down there it's now just
approaching key resistance at the 1024 line.
Close out here and only get long again once 1025 is broken
above with stops 6 lower.
The next most vulnerable point on the upside is the upper dynamic at 1032
It has to break above here and then hold on the retest at 1025/4 to show that this is escaping the downtrend and worth adding or going long again at that point if so with stops below 1020
Then once it can break above the upper dynamic to start attracting more buyers still from there
Google aptly re-named itself, becoming the world's biggest
Alpha Bet in the process.
So goes Google, so go world markets.
It was expected to hold up at 987 line but in the event
the low fell at 982. If you went fishing down there it's now just
approaching key resistance at the 1024 line.
Close out here and only get long again once 1025 is broken
above with stops 6 lower.
The next most vulnerable point on the upside is the upper dynamic at 1032
It has to break above here and then hold on the retest at 1025/4 to show that this is escaping the downtrend and worth adding or going long again at that point if so with stops below 1020
Then once it can break above the upper dynamic to start attracting more buyers still from there